[ANN][Blocknet] truly decentralized exchange | token ecosystem infrastructure - page 109.

afrorc

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Quote from: Hullo on May 21, 2017, 03:58:17 AM

Quote from: xca900174 on May 21, 2017, 03:51:33 AM

Will this project have a website exchange or will it only be available in it's own client?
This is a question that sprung to mind today.

Main objective is to bring a fully trustless decentralized atomic cross chain exchange based on website to make it adaptable and make sure user friendly UI like other famous exchanges to be able to take benefit of revolutionary tech fully. Blocknet DX will be first decentralized exchange which will be used widely. Answer for your question is yes it will be available in website version as normal exchange.

Even if it wil be not user friendly or mainstream adopted i guess it will be very useful tool for BIG fishes

truxton

hero member

Activity: 771

Merit: 521

$3.72

Hullo

hero member

Activity: 980

Merit: 500

Quote from: xca900174 on May 21, 2017, 03:51:33 AM

Will this project have a website exchange or will it only be available in it's own client?
This is a question that sprung to mind today.

Main objective is to bring a fully trustless decentralized atomic cross chain exchange based on website to make it adaptable and make sure user friendly UI like other famous exchanges to be able to take benefit of revolutionary tech fully. Blocknet DX will be first decentralized exchange which will be used widely. Answer for your question is yes it will be available in website version as normal exchange.

xca900174

member

Activity: 70

Merit: 10

Will this project have a website exchange or will it only be available in it's own client?
This is a question that sprung to mind today.

vlight

hero member

Activity: 656

Merit: 500

Quote from: commenter on May 21, 2017, 03:46:37 AM

So, the current price for Blocknet (right now) at this moment should be $4.90

It's still under valued. Just look at the list on coin market cap. Blocknet should be number 44 on the list.

With a marketcap 19 million and 3 million 9 hundred thousand coins. The price should be $4.90.

The coins in that range are Earth coin, Grid coin, and Blackcoin. With out any Project at all Blocknet should be

next to Blackcoin.

Considering how important DEX is, it should be in top 10. People forget that centralized exchanges are not safe until it's too late Sad

commenter

member

Activity: 70

Merit: 10

So, the current price for Blocknet (right now) at this moment should be $4.90

It's still under valued. Just look at the list on coin market cap. Blocknet should be number 44 on the list.

With a marketcap 19 million and 3 million 9 hundred thousand coins. The price should be $4.90.

The coins in that range are Earth coin, Grid coin, and Blackcoin. With out any Project at all, Blocknet should be

next to Blackcoin.

Zenoru

full member

Activity: 170

Merit: 100

Quote from: ttookk on May 20, 2017, 06:34:26 PM

I know this sounds like a conspiracy theory, but if Blocknet actually aims to become a Poloniex/Bittrex killer, Poloniex not listing it might actually be a good sign Wink

Agreed. They had previously delisted it, which personally I felt was kind of shady since it crashed the price of a legitimate project. But look where we are now. I guess it was probably related to having competition. Maybe that's why they're not listing WAVES as well? Bittrex is fine. A lot of great projects are traded mostly on Bittrex and have done well (WAVES, SingularDTV, DigixDAO, Byteball, etc.). A $100 million market cap is nothing considering many of the projects in that market cap range are still vaporware at this point. Remember, Monero was trading for about a dollar for years before people started realizing its potential.

ttookk

hero member

Activity: 994

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I know this sounds like a conspiracy theory, but if Blocknet actually aims to become a Poloniex/Bittrex killer, Poloniex not listing it might actually be a good sign Wink

TheAwkwardBrit

member

Activity: 106

Merit: 10

Seeing the early UI preview fills me with excitement!

xcurry

full member

Activity: 217

Merit: 100

Quote from: XRP1 on May 20, 2017, 03:12:08 PM

Hey. Where can I buy a few coins? Only not on bittrex.

So you can't, listed only ob Bittrex

XRP1

newbie

Activity: 35

Merit: 0

Hey. Where can I buy a few coins? Only not on bittrex.

Islapdonkey

sr. member

Activity: 882

Merit: 277

If i had a dollar for every "had i known"

I made a nice profit, to offset the loss i have taken so far. I needed that. Thanks.

Jumanji7

sr. member

Activity: 322

Merit: 250

Quote from: htown2017 on May 20, 2017, 12:37:46 PM

Holding BLOCK until 100 million market cap as anything under is cheap

Look how many useless coins are over 100 million market cap. Block will have real usecases and very huge usecases. It deserves to be at 1 billion marketcap within 12 months!

htown2017

newbie

Activity: 7

Merit: 0

Holding BLOCK until 100 million market cap as anything under is cheap

landwind

full member

Activity: 147

Merit: 100

Quote from: xcurry on May 20, 2017, 11:49:09 AM

Quote from: landwind on May 20, 2017, 11:43:57 AM

i want to join the movement

where can i get blocks right now?

https://bittrex.com/Market/Index?MarketName=BTC-BLOCK

Thank you, just bought some

xcurry

full member

Activity: 217

Merit: 100

Quote from: landwind on May 20, 2017, 11:43:57 AM

i want to join the movement

where can i get blocks right now?

https://bittrex.com/Market/Index?MarketName=BTC-BLOCK

landwind

full member

Activity: 147

Merit: 100

i want to join the movement

where can i get blocks right now?

synechist

legendary

Activity: 1190

Merit: 1000

To commodify ethicality is to ethicise the market

Quote from: enzeperix on May 20, 2017, 09:48:22 AM

Quote from: greyskies on May 20, 2017, 08:46:57 AM

Quote from: operabit on May 20, 2017, 08:02:22 AM

Quote from: truxton on May 20, 2017, 12:49:07 AM

JUST PASSED $3.50

Will it be more than that? Maybe $5

Hell yeah. Waves market cap $130 million+. I'm not going to compare us to them, I'll let you do your research but the platform we are building is very solid, works already and doesn't have any IOU's or coloured coins etc.

What is the performance in terms of transactions per second . BitShares claims their platform can sustain a throughput of 100k TPS.

That doesn't sound like a realistic statement from a decentralised exchange.

The performance of a decentralised exchange is not dependent on any one component's speed, since it's decentralised. Because every trade is directly between one party and another, there is no real limit on how many trades per second a DX could handle. More traders equal more bandwidth (so to speak) forever.

The real performance limits on a DX are (a) how many transactions your local node can make per second, which has mostly to do with your internet connection, and (b) the point at which a p2p broadcasting system gets crowded, since that's what we use to broadcast orders. I haven't encountered a measure of this, since it's so high that people designing a blockchain-based service don't tend to need to find out.

enzeperix

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Quote from: greyskies on May 20, 2017, 08:46:57 AM

Quote from: operabit on May 20, 2017, 08:02:22 AM

Quote from: truxton on May 20, 2017, 12:49:07 AM

JUST PASSED $3.50

Will it be more than that? Maybe $5

Hell yeah. Waves market cap $130 million+. I'm not going to compare us to them, I'll let you do your research but the platform we are building is very solid, works already and doesn't have any IOU's or coloured coins etc.

What is the performance in terms of transactions per second . BitShares claims their platform can sustain a throughput of 100k TPS.

danielwwt

member

Activity: 122

Merit: 10

Quote from: free-bit.co.in on May 19, 2017, 03:36:31 PM

Quote from: truxton on May 19, 2017, 03:33:33 PM

Quote from: free-bit.co.in on May 19, 2017, 03:22:32 PM

Nice we have hit the $3 price!

Also, will we have for sure a fixed requirement of 5000 Blocknet coins to run a service node? At this prices it's at $15000 per service node..won't that lead to less service nodes and danger that if only few nodes would be running and then they all decide to leave and sell their coins, no trading would be possible anymore? Would be great if someone cleared that for me.

The next build will have a voting system. 5000 is not fixed forever. The higher the value of block, the lower the amount to run a node in theory. It can be adjusted as we go along to keep a balance. This means that if a node price drops by a thousand for example, suddenly everyone running a node has an extra 1000 blocks to sell if they want and the overall price of a node drops.

That's great, thanks for the information!

Higher price to run a node > less node > higher return running a node > more people wants to run node > strong demand > even higher price

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