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Topic: [ANN][Blocknet] truly decentralized exchange | token ecosystem infrastructure - page 110. (Read 1103308 times)

full member
Activity: 186
Merit: 100
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.
legendary
Activity: 1162
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member
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Merit: 10
Blocknet Dx will be real world's first fully trustless and decentralized working exchange. Their has not been any true decentralized exchange so far. All claims are false and somewhat are covered under some sort of centralization. Blocknet will provide first decentralized working exchange. We don't have to wait much now as everything is on track.
legendary
Activity: 1624
Merit: 1005
I wish you all love and profitable investments!!!
My congratulations on success! I'm very glad that I kept my faith in this project, and also kept my coins bought at the ICO.
legendary
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
A few development updates


1. New Mac wallet (test build): http://builds.xcurrency.co/BlocknetMacos/Build%20Macos/


2. Architecture and functional spec documentation is underway.




3. Early UI work is underway:



legendary
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
Huh Huh Huh Roll Eyes Huh Huh Huh Shocked Shocked

A website is all nice, but this interface will connect to which nodes? how will the nodes be choosen?

Will it only be the admin nodes running the interface?

Will nodes be able to open their exchanges?


Its being worked out. Patience. Smiley

With the above it probably means that this will work in favour of the few against the many. Sorry no info I assume bad news, thus FUD laws FEAR UNCERTAINTY DOUBT mean that investors should leave rather than come in.
Let me know if I am missing something

You've stumbled upon some very early news shared by someone who's not a dev.

Let's not get ahead of ourselves.

You'd also be incorrect to assume that anything the Blocknet builds is not decentralised. That's the entire point.


newbie
Activity: 35
Merit: 0
Huh Huh Huh Roll Eyes Huh Huh Huh Shocked Shocked

A website is all nice, but this interface will connect to which nodes? how will the nodes be choosen?

Will it only be the admin nodes running the interface?

Will nodes be able to open their exchanges?


Its being worked out. Patience. Smiley

With the above it probably means that this will work in favour of the few against the many. Sorry no info I assume bad news, thus FUD laws FEAR UNCERTAINTY DOUBT mean that investors should leave rather than come in.
Let me know if I am missing something
hero member
Activity: 771
Merit: 521
full member
Activity: 201
Merit: 100
stealthcoin.com
hero member
Activity: 546
Merit: 500
full member
Activity: 170
Merit: 100
Congrats to all community to get new ATH block is still huge undervalued coin with its great technology. Once UI will get completed and after HF price will move to the moon now it's just preparing for big explosion.

Once UI is released everyone will try to buy block tokens to set up nodes and receive huge gains. More nodes mean less coins on the market. Less coins mean higher price. To the moon guys!!! 1 Block=$50 this summer!!!

Yeah, service nodes will totally incentivize holding the coin - just like Dash.

Once the UI is released, it should make it very easy to trade - the only thing is that it's more technically hard to setup the trading node (need to run blocknet trading node + coin nodes + some configuration). But this should improve over time with a good UI/UX and I think most crypto people are technologically savvy enough anyway. And imagine if we were able to trade directly from our hardware wallets (just need to confirm the trade order on the device). I guess more work needs to be done on the SPV clients for that to work, though. That would be a huge win.

I think the Blocknet DX could also act as a good replacement for escrows (say two people want to exchange coins off-Poloniex at the market rate, without affecting current orders or incurring expensive exchange fees) - we would just need a similar dApp for that functionality.

This is easily a top 30 coin once the UI is released.
sr. member
Activity: 322
Merit: 250
Congrats to all community to get new ATH block is still huge undervalued coin with its great technology. Once UI will get completed and after HF price will move to the moon now it's just preparing for big explosion.

Once UI is released everyone will try to buy block tokens to set up nodes and receive huge gains. More nodes mean less coins on the market. Less coins mean higher price. To the moon guys!!! 1 Block=$50 this summer!!!
legendary
Activity: 1526
Merit: 1012
Congrats to all community to get new ATH block is still huge undervalued coin with its great technology. Once UI will get completed and after HF price will move to the moon now it's just preparing for big explosion.
hero member
Activity: 1088
Merit: 531
Free Crypto in Stake.com Telegram t.me/StakeCasino
Nice we have hit the $3 price! Smiley

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. Smiley

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! Smiley
hero member
Activity: 771
Merit: 521
Nice we have hit the $3 price! Smiley

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. Smiley

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.
hero member
Activity: 1088
Merit: 531
Free Crypto in Stake.com Telegram t.me/StakeCasino
Nice we have hit the $3 price! Smiley

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. Smiley
hero member
Activity: 771
Merit: 521
Huh Huh Huh Roll Eyes Huh Huh Huh Shocked Shocked

A website is all nice, but this interface will connect to which nodes? how will the nodes be choosen?

Will it only be the admin nodes running the interface?

Will nodes be able to open their exchanges?


Its being worked out. Patience. Smiley
sr. member
Activity: 322
Merit: 250
Historic moment: block passes over 3 USD mark!!!  

Congrats guys! This is only the beginning!

We are heading to 5 USD  Wink
newbie
Activity: 35
Merit: 0
 Huh Huh Huh Roll Eyes Huh Huh Huh Shocked Shocked

A website is all nice, but this interface will connect to which nodes? how will the nodes be choosen?

Will it only be the admin nodes running the interface?

Will nodes be able to open their exchanges?
hero member
Activity: 771
Merit: 521
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