Name

Blackcoin

Legal name

Blackcoin

Website

https://blackcoin.org

Company type

Private

Founded year

2014

Operating status

Operating

Ownership category

akta.pro rank

Product category

Cryptocurrency

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Payments, Remittances & Merchant Acceptance (checkout, invoicing, payroll) (FSAPAEAE)

akta.pro secondary industry

Stablecoins & On-Chain Money (fiat-backed, crypto-backed, algorithmic; issuance/redemption) (FSAPAEAB)

Keywords

• Proof of stake cryptocurrency
• Blockchain protocol
• Staking rewards
• Decentralized wallet
• Open source blockchain

Headquarters

HQ city

Amsterdam

HQ country

Netherlands

HQ region

Europe

Markets served

GTM type

B2C

Offering type

Software

Cost components

Technology or R&D, Personnel, Infrastructure, Operations

Revenue model

1. Block Rewards (Staking): Network validators earn 1.5 BLK per block produced (~64 second intervals) by staking their coins. Annual returns average 4%-8% for active stakers. Only active stakers share the reward pool. This is the primary economic incentive for network participants.

Go-to-market motion1 record

Distribution channels8 records

Marketing channels8 records

Core offering

Blackcoin operates a pure Proof of Stake blockchain (PoSV3) launched in 2014 that processes transactions and rewards stakers with 1.5 BLK per block at approximately 64-second intervals. It offers a suite of compatible wallets (full-node, lightweight, mobile, web) enabling self-custodial storage, peer-to-peer value transfer, and on-chain staking without KYC requirements.

Product overview

Blackcoin is a pure Proof of Stake cryptocurrency launched in 2014, operating as a single unified blockchain protocol with multiple compatible wallet interfaces. The core product is the Blackcoin blockchain with PoSV3 consensus, which is accessed through various wallet products: the original Blackcoin Core full-node wallet, the community-developed Blackcoin More wallet (v26.2.0), lightweight Electrum-BLK (v4.5.8), Coinomi mobile wallet, BlackHalo messaging wallet, and PayBLK web wallet. These wallets all connect to the same underlying Blackcoin network but offer different user experience trade-offs between security (full-node), resource usage, and platform accessibility.

Differentiator

Problem solved

Functional benefit

Brands

• Blackcoin More: Community-supported full-featured wallet
• Electrum-BLK
• BlackHalo
• PayBLK

Products and services

• Blackcoin Blockchain (PoSV3 Network) The underlying Blackcoin blockchain network operating on the PoSV3 (Proof of Stake Version 3) consensus mechanism. It processes transactions with ~64 second block times, rewards validators with 1.5 BLK per block, and has been 100% Proof of Stake since inception. Designed for cryptocurrency users seeking eco-friendly, low-fee peer-to-peer value transfer and staking rewards.
• Blackcoin More Wallet Community-supported full-featured alternative wallet for the Blackcoin network. Enables staking, transaction validation, and network participation with improvements over the core wallet. Currently at version v26.2.0.
• Electrum-BLK Wallet Lightweight wallet for Blackcoin offering speed, simplicity, and low resource usage compared to full-node wallets. Currently at version v4.5.8.
• Coinomi Mobile Wallet Multi-chain mobile wallet that supports Blackcoin alongside other cryptocurrencies, providing mobile access to BLK holdings.
• BlackHalo Wallet Wallet application with peer-to-peer messaging capabilities integrated into the Blackcoin ecosystem.
• PayBLK Web Wallet Web wallet service for Blackcoin enabling online access to BLK holdings and transactions.
• Komodo Wallet (BLK Integration) Multi-currency wallet with built-in decentralized exchange and cross-chain atomic swaps, supporting BLK trading pairs.

Quantifiable outcome

• ~4%-8% annual returns for stakers
• +2 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

Feature4 records

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Others

• Komodo Platform: A blockchain ecosystem whose Komodo Wallet provides DEX and atomic-swap infrastructure for Blackcoin. Comparable as enabling infrastructure / distribution channel rather than direct competitor — Komodo's wallet listing and atomic-swap support materially extends Blackcoin's reach.
• Coinomi: Multi-chain mobile wallet supporting thousands of cryptocurrencies including Blackcoin. Comparable as distribution infrastructure — Coinomi is one of Blackcoin's primary mobile user acquisition channels and exemplifies the third-party wallet dependency in Blackcoin's GTM.

Broad incumbents

• Algorand: Pure Proof-of-Stake Layer-1 blockchain founded by Turing Award winner Silvio Micali. Comparable in pure-PoS philosophy and staking yield mechanics; competes for the same 'green' PoS narrative but with institutional backing, smart contracts, and significant VC funding.
• Ethereum: The dominant smart-contract platform, transitioned to Proof-of-Stake via 'The Merge' in 2022. Comparable in pure PoS consensus and staking yield (~3–4%); Blackcoin is a pre-Merge-era competitor that has been effectively eclipsed by Ethereum's network effects.
• Monero: Privacy-focused cryptocurrency with default-on anonymity. Comparable to Blackcoin in its explicit positioning around pseudonymity and no-KYC usage; differs in being PoW (RandomX), but addresses the same 'Bitcoin-like privacy without permission' user segment.
• Cardano: Major third-generation Proof-of-Stake blockchain with a much larger market cap and academic peer-reviewed protocol (Ouroboros). Comparable as a PoS-native settlement layer targeting staker yield and energy efficiency, but operates at vastly larger scale with smart contracts and an institutional ecosystem.
• Tezos: Liquid Proof-of-Stake blockchain with on-chain governance and formal verification. Comparable as a long-running pure PoS chain with staking yield (~5–6%) and a similar no-ICO-evolving ethos; competes for institutional validator attention.

Direct peers

• Novacoin: Hybrid PoW/PoS cryptocurrency and a contemporary of Blackcoin from the 2013–2014 era. Comparable as a long-running PoS-emphasis coin with similar staking mechanics and a similar small-community, niche-holder profile.
• Peercoin: The original Proof-of-Stake hybrid cryptocurrency launched in 2012. Most comparable to Blackcoin in protocol philosophy (PoS-based, energy-efficient, long-tenured) and target user (staking yield seekers); Blackcoin's PoSV3 was designed as an evolution beyond Peercoin's hybrid model.
• Nxt: Early pure Proof-of-Stake blockchain platform launched in 2013. Closely comparable as a fellow 'first generation' pure PoS chain; both target similar privacy-conscious, low-energy cryptocurrency users and share a community-driven, no-ICO ethos.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/BlackcoinOrg
• GitHubgithub.com/coinblack
• Facebookfacebook.com/BlackcoinOrg

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Blackcoin