Originally conceptualized by Ian Stewart as an alternative self sufficient
consensus protocol [https://en.bitcoin.it/Proof_of_burn]. Since then, Proof of
Burn (PoB) has been used for "bootstraping" new chains, starting with the second
level Bitcoin protocol Counterparty (XCP)
[https://counterparty.io/news/why-proof-of-burn/] in 2014.
The chain bootstraping mechanism is not complicated: coins of the original chain
are sent an unspendable address, and coins of the new chain are distributed
What is "plant a seed" all about?We upgraded to this version in order to fix the "missing utxos" issue some people were experiencing. The amount of BLK showing in the wallet was not correct, when compared to an online block explorer. Please read everything below BEFORE upgrading.Like Bitcoin (BTC), Blackcoin (BLK) is traded as a commodity in the USA.
So, what exactly is traded?
First, you must understand that "Blackcoin" designates three different things:
1. The Blackcoin Client == the original software that creates the blockchain.
2. The Blockchain == a database [mostly] of Unspent Transaction Outputs ( UTXO
3. The Commodity == BLK == some part of a UTXO.
Owning Blackcoin (BLK) means owning rights to a string of numbers and letters -
a private key - whiBlackcoin, like Bitcoin, is a not like a Bank. There are no accounts. An address
may be associated with an Unspent Transaction Output ( UTXO ). The address can
only be spent with a private key.
Each UTXO "contains" a fixed amount of Blackcoin ( BLK; the currency) which is
a commodity money traded on exchange since 2014.
Each client keeps a record of all transactions on the blockchain, a database - a
collection of files. Roughly once a minute, with constant small variations, a
new block is This is a window into #BlackcoinNL-Bridge on Discord
[https://discord.gg/TPK8QCp] which is linked to Telegram
[/chat-service-bridge/T.me/BlackcoinNL] and IRC.
Guests can look through the window,
but only Discord members can use it to chat!
Click Below for Full Screen
Visit Blackcoin embed page on Titan Embeds for DiscordVisit Blackcoin on Titan
Embeds and chat with your friends from the comfort of your own website. This
page is 100% embeddable, iFrameable and looks good on any webpages. TitaBasic Blackcoin!
This tutorial explains how to set DHCP, and Port Forwarding to connect to more peers.Basic Blackcoin!
This tutorial explains how to add nodes to sync clients quickly.Blackcoin Q&A!
Clients are the tools which we use to engage with the Blackcoin Blockchain.
More is a Blackcoin client with many features from modern Bitcoin clients.Do it Yourself!
It is a good thing to compile crypto wallets yourself. Maybe it seems difficult, but it is not that hard.Do it Yourself!
It is a good thing to compile crypto wallets yourself. Maybe it seems difficult, but it is not that hard