Post
Topic
Board Announcements (Altcoins)
Re: [ANN] BlackCoin (BC) | on exchanges | PoS | No premine
by
MinermanNC
on 15/04/2014, 01:42:23 UTC
The pool is just giving you bc instead of btc.   There are a few switching pools and they track difficulty of coins to mine the best value then convert it.  The benefit here is you dont waste time holding other coins

I was asked why blackcoin is so unique, besides pos.     I was going to mention the fast transaction times, but some think this is just a simple mod like litecoin ?     Seems impressive to me but is there any other utility this coin brings that I could say in defence of the realm of bc

Of course! It cant be 51% attacked. Proof of Work is stupid and insecure! Proof of Stake is better. Peercoin had the right idea they just did POW/POS hybrid. They also did not treat crypto like a business. Sunny King went MIA and now he is seeing his baby boom with another coin. Its his loss. The Blackcoin devs knew all this and put their heart into the coin. So Blackcoin can overtake Litecoin and Bitcoin better watch out. The multipool can easily eat the orderbook. Can you imagine where there are tons of Blackcoin multipools just mining every POW coin? Its sick. POW does not stand a chance against POS. Only Bitcoin and Blackcoin can survive this. Other coins will be forced down.
I agree with all that, and even was joking earlier that some say BC is the next BTC..... we shall see?