Topic: [ANN][Blocknet] truly decentralized exchange | token ecosystem infrastructure - page 112. (Read 1103309 times)

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.

Hello all.

https://www.facebook.com/theblocknet/

Come and like! 

Basic trading is implemented and working but there is no user friendly interface to it. I would say it's beyond alpha.

Where abouts is the DEX thread? Do you have a link?

Also the feature you have suggested is already in the pipeline

I added Blocknet to the DEX thread. Let me know if there are any edits I should make... please do so in the DEX thread so I am sure to see it. I don't follow this thread super closely.

I also had a suggestion as to how to make trading in the Blocknet exchange (and utilizing its tech for other uses) easiest: "It is also possible to make a multicoin SPV wallet so you don't have to download the blockchains, and you don't need to run several cryptocurrency's wallets separately."

With the recent spike in price it's only natural for a couple bag holders to want to cash out. I've been tracking one that deposited 150K to bittrex. Now he's down to 40K.
Point being is that they will eventually run out. Sure it will increase the interest of day traders, but that can be a good thing as they help to keep the growth in price somewhat more organic.

I think in the next 6 months it will easily jump over 100 million marketcap, especially considering that about 75% of the top 50 marketcap coins are nothing but hypeware.

I think this is the most recent build: http://builds.xcurrency.co/BlocknetMacos/Build%20Macos/1418/

Tech or no Tech, Block should have a market cap of 9million right now when you compare it to coins in the 9million market cap range.

Its way under valued, but yes the dx (decentralized exchange) has huge potential for many reasons.

Time is blocks biggest enemy indeed I think more devs are needed for the succes of this project and therefore funding is needed. Competitors have major funding compared to block. Is there some info on how much of the ico is used? I read about a new feature where coin staking rewards can be contributed to development? Does this mean like donating? Hope it will be a % directly from the blocks? I thought that the pos rate of block was low ? isnt it better to get a % from the pow blocks instead?

I read in other posts that waves is just a coulered coin approach not really decentralized and the only reason their marketcap is higher is bc of marketing and is therefore dismist as a real competitor. I understand that feeling but remember at the same time same things where sayd about dash (bad anon solution only markething etc) and that turned out different then lot of people thought. Better tech is not always enough to come out as the winner of the game.

Nice to hear the devs are looking to add some members, I missed who the gui is going to build? a busy guy appearently? in what timeframe can we expect it? read all different kind of timeframes?

I think the devs have the right approach of solving this problem but time will be of the essence and I think some way of funding for expanding future development and marketing is needed for this project to reach the potential it deserves. We must be there at the front of the new era where dx's are the way to exchange your coins since block has the best tech to do so.

Did OSX wallet get released yet? I'm getting an error from the site?

Besides ICOs, Blocknet has massive potential, especially with the Global Cyber attacks going on.

https://www.yahoo.com/tech/experts-try-figure-whos-behind-085444979.html

You can use two computers one to trade and the other to keep cold offline wallets that you use only to transfer the coins you will trade.

Sorry, but that kind of thinking may get you priced out of block as a node that can collect trading fees.

This thing has huge potential for ICOs to be launched on it.

As per user interface if I buy or sell an ICO I don't care what user interface looks like.

Also I think more about functionality and security of my coins, and you can add any coins with OP_CHECKLOCKTIMEVERIFY that has a stock JSON RPC.

Have you seen expanse user interface. Expanse has a 15million dollar market cap.

This project has security, functionality, and soon profability with nodes collecting trade fees.

Fully functional DX with user friendly interface is much needed thing at the moment after some crisis in past and recent worst situation with hacking attacks on old fashion exchanges. I also think blocknet will become very huge in long term at the moment we have to support the dev cause.

Cryptocurrencies need decentralized exchanges like the dark ages needed vaccines.

Every person in the crypto community will be uncomfortably familiar with ongoing exchange theft, attack, and fraud.
One in sixteen Bitcoins have been stolen.
As Poloniex demonstrated recently, centralised servers are vulnerable to DDOS attacks, or occasionally just cannot cope with demands on their systems.
Mt. Gox, Bter, Mintpal, Cryptsy, Bitfinex, and an alarmingly long list of other exchanges have significantly damaged confidence in cryptocurrency, diminished exchange liquidity across the board, and lost millions of dollars of customers’ funds.

Decentrlaised exchanges cant come soon enough! With an already working DX and a hard fork in a few weeks, this is the future.

This is a great point that I have not seen mentioned that much before.

That alone is a huge deal. When the node fees are ready.

Nodes will be able to collect trade fees on the ICOs released on the platform.

This should be a very simple way to release an ICO. Any one who builds a coin that supports 

OP_CHECKLOCKTIMEVERIFY and has a stock JSON RPC interface can launch it on the platform.

Golem, Augur, and other Ethereum-based projects will become interoperable when we build an Ethereum integration.

The current plan is to leverage 0X to do this, and thus gain robust support on the ERC20 side of things.

Any dev can contribute to our project to add support for anything else. It's open source, after all.

No authorisation is required.
No coding is required.

If a coin supports OP_CHECKLOCKTIMEVERIFY and has a stock JSON RPC interface, it will "just work."

We're building infrastructure; in my view you shouldn't need permission to use infrastructure.

I don't think you need authorization.

Double check for your self because I'm extremely tired and busy, but what I understood from the instructions is that the coins the Dev is adding are automated so you do not have to add them manually.

Any other coin with Jsupport for OP_CHECKLOCKTIMEVERIFY and JSON RPC interface from Bitcoin Core can be added manually to the exchange, but read it yourself and check with Devs I'm unsure until I try it my self.

Here's the link with the information posted by grey skies.

https://www.reddit.com/r/theblocknet/comments/676buj/ask_anything_about_blocknet_qa/dgt8izo/

I'm going to join the slack conversation and tinker with it my self, later tommorow.

interesting project ...

very interested in how it all works ... need some time to read and digest ...

will definitely be watching ...

#crysx