[ANN][Blocknet] truly decentralized exchange | token ecosystem infrastructure - page 111.

Tewmamadoe

newbie

Activity: 58

Merit: 0

Quote from: pm1978 on May 19, 2017, 03:29:46 PM

Quote from: Tewmamadoe on May 19, 2017, 03:14:50 PM

Something a bit unclear to me

You can earn 3%

3% of what?

Thanks!

Let's assume you have 1000 Block in your wallet
staking interest is 3% p.a (per annum)
1000 BLOCK * 0.03 = 30 BLOCK interest
prerequesite: the coins must not move from your wallet, wallet is unlocked for staking;

When you keep your coins in your wallet, you support the network. Hence you get rewarded (PoS / Proof of Staking).
Always based on the amount you actually have. The more coins, the higher the reward:
Amount of coins * 0.03 = your reward / year

Thanks! Sounds good!

pm1978

full member

Activity: 201

Merit: 100

stealthcoin.com

Quote from: Tewmamadoe on May 19, 2017, 03:14:50 PM

Something a bit unclear to me

You can earn 3%

3% of what?

Thanks!

Let's assume you have 1000 Block in your wallet
staking interest is 3% p.a (per annum)
1000 BLOCK * 0.03 = 30 BLOCK interest
prerequesite: the coins must not move from your wallet, wallet is unlocked for staking;

When you keep your coins in your wallet, you support the network. Hence you get rewarded (PoS / Proof of Staking).
Always based on the amount you actually have. The more coins, the higher the reward:
Amount of coins * 0.03 = your reward / year

Tewmamadoe

newbie

Activity: 58

Merit: 0

Something a bit unclear to me

You can earn 3%

3% of what?

Thanks!

truxton

hero member

Activity: 771

Merit: 521

A look at the Blocknet's Inter-Chain Architecture.

synechist

legendary

Activity: 1190

Merit: 1000

To commodify ethicality is to ethicise the market

Quote from: ?? on ??

This is great project Grin

I can't wait for exchange like this when I will be able to use it Huh

You can use it already.

Join Slack and give it a try. :-)

truxton

hero member

Activity: 771

Merit: 521

Quote from: nrvkush on May 19, 2017, 11:14:11 AM

Quote from: danielwwt on May 19, 2017, 10:38:49 AM

Quote from: truxton on May 19, 2017, 10:37:09 AM

$2.70

10x from $2.7!

Any update on this, Roadmap stoped at 2014, 3 years of nothing...

Quote from: truxton on April 24, 2017, 04:12:25 AM

BLOCKNET REDDIT AMA:
https://www.reddit.com/r/theblocknet/comments/676buj/ask_anything_about_blocknet_qa/

Quote from: truxton on April 25, 2017, 05:25:30 AM

greyskies

full member

Activity: 186

Merit: 100

Quote from: nrvkush on May 19, 2017, 11:14:11 AM

Any update on this, Roadmap stoped at 2014, 3 years of nothing...

That's simply not true. Coding has been continuous throughout and can be seen on Github (make sure to look at the right branch). The OP is being updated in the next week now the hardfork is coming, the project has largely been living on Slack the last couple of years.

We now have cross blockchain atomic swaps working. Actual trustless trades between separate blockchains can be done (LTC and BTC for example).

Right now though it's a complicated setup process through the command line. We have hired a UI dev who starts next week I believe to work on a pretty front end to the DEX.

nrvkush

hero member

Activity: 756

Merit: 500

Quote from: danielwwt on May 19, 2017, 10:38:49 AM

Quote from: truxton on May 19, 2017, 10:37:09 AM

$2.70

10x from $2.7!

Any update on this, Roadmap stoped at 2014, 3 years of nothing...

danielwwt

member

Activity: 122

Merit: 10

Quote from: truxton on May 19, 2017, 10:37:09 AM

$2.70

10x from $2.7!

truxton

hero member

Activity: 771

Merit: 521

$2.70

truxton

hero member

Activity: 771

Merit: 521

This is amazing news. And BIG news.

MR1

legendary

Activity: 927

Merit: 1000

Quote from: greyskies on May 19, 2017, 08:49:22 AM

Breaking news on Slack. The lead dev Dan has figured out a way to have website based front end to the decentralised exchange using HD keys.

This will definitely make adoption dead easy.

Kudos Dan!

truxton

hero member

Activity: 771

Merit: 521

Project just gets better every day.

vlight

hero member

Activity: 656

Merit: 500

Quote from: truxton on May 19, 2017, 08:45:29 AM

Block at new all time high! $2.52 and rising! Grin

Quote from: greyskies on May 19, 2017, 08:49:22 AM

Breaking news on Slack. The lead dev Dan has figured out a way to have website based front end to the decentralised exchange using HD keys.

This will definitely make adoption dead easy.

Great fundamentals, undervalued, almost a breakout from triangle on daily chart. This looks almost too perfect, that's why it might fail Grin

greyskies

full member

Activity: 186

Merit: 100

Breaking news on Slack. The lead dev Dan has figured out a way to have website based front end to the decentralised exchange using HD keys.

This will definitely make adoption dead easy.

truxton

hero member

Activity: 771

Merit: 521

Approaching 10M Cap.

truxton

hero member

Activity: 771

Merit: 521

Block at new all time high! $2.52 and rising! Grin

Ano

sr. member

Activity: 1148

Merit: 253

Quote from: ?? on ??

when does POS begin? What block will POS begin? Thanks

This token in only POS there was never POW. So if you want to buy for POS than it is already in that phase. Buy and hold them for exchange node this would turn this in money machine when this system will be functional.

MR1

legendary

Activity: 927

Merit: 1000

Quote from: ?? on ??

when does POS begin? What block will POS begin? Thanks

What do you mean? BLOCK token is POS. You earn annual 3% when staking BLOCK.

greyskies

full member

Activity: 186

Merit: 100

Quote from: TheAwkwardBrit on May 17, 2017, 02:26:43 PM

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.

A website could be done but it's impossible to do it in an entirely decentralised way. It's not in the pipeline. A desktop client is being worked on.

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