Topic: [ANN][Blocknet] truly decentralized exchange | token ecosystem infrastructure - page 136. (Read 1103305 times)
April 19, 2017, 10:05:14 AM
In recent situation when testing has very positive result than no doubt it gonna be huge. I am holding my tokens for long term because I think $100m marketcap will achieve very soon. Now turn for Block still chance to make reserve seat for this train and enjoy later.
April 19, 2017, 09:58:31 AM
As far as I can tell this is the only coin that does actual trustless atomic trading between separate chains.
I read somewhere Dan did the first trade almost a year ago. Surprising it's taken this long to start getting recognition.
I read somewhere Dan did the first trade almost a year ago. Surprising it's taken this long to start getting recognition.
We weren't happy with the implementation.
We've effectively built this thing three times, and now the security approach is where we want it to be, and the architectural direction is clear (i.e. how to best function as infrastructure for the token ecosystem).
As for the risk that a new project may steal our thunder, I'm not concerned. We have a solid community, widespread awareness of our first-mover status, a growing user base of cryptocurrencies, and increasing developer interest. Who'd contribute to some random fork when they can contribute to the main branch?
That's the appeal of open source software, really.
Additionally, we're the ones who've pioneered the token ecosystem and the "inter-chain era" and have led the market by three years. It's not too likely that another team will have grasped the intricacies of supporting this vision and will be able to steer development in a strategic way.
But hey, one of the beauties of open source is that anyone is welcome to clone us. My feeling is that attempts of this nature will only lend further credibility to our work and boost our visibility.
April 19, 2017, 09:42:41 AM
As far as I can tell this is the only coin that does actual trustless atomic trading between separate chains.
I read somewhere Dan did the first trade almost a year ago. Surprising it's taken this long to start getting recognition.
I read somewhere Dan did the first trade almost a year ago. Surprising it's taken this long to start getting recognition.
We weren't happy with the implementation.
We've effectively built this thing three times, and now the security approach is where we want it to be, and the architectural direction is clear (i.e. how to best function as infrastructure for the token ecosystem).
April 19, 2017, 09:37:13 AM
As far as I can tell this is the only coin that does actual trustless atomic trading between separate chains.
I read somewhere Dan did the first trade almost a year ago. Surprising it's taken this long to start getting recognition.
I read somewhere Dan did the first trade almost a year ago. Surprising it's taken this long to start getting recognition.
That is correct.
It's frustrating then I see all these new projects springing up stealing our thunder when we were the first and not only that other projects aren't truly atomic and trustless like ours.
What worries me is they will then steal our atomic trading secret sauce and go even higher in value?
Marketing matters a lot with coins not just the tech. However I'm hoping word will spread as the price is slowing adjusting upwards to it's correct market value.
April 19, 2017, 09:26:48 AM
"Order placed for #LTC on our decentralised exchange. No coding required."
April 19, 2017, 09:23:39 AM
LTC TESTING HAS BEGUN ON THE BLOCKNET DECENTRLAISED EXCHANGE!
Yes, yes and yes!
Awesome news!
Cool, Blocknet will be awesome, you are doing great job even not on poloniex. I am proud of you, guys.
April 19, 2017, 09:23:14 AM
As far as I can tell this is the only coin that does actual trustless atomic trading between separate chains.
I read somewhere Dan did the first trade almost a year ago. Surprising it's taken this long to start getting recognition.
I read somewhere Dan did the first trade almost a year ago. Surprising it's taken this long to start getting recognition.
That is correct.
April 19, 2017, 09:18:17 AM
That is fun to watch this is pretty cool video I also secured my 5k block to run a node for dx. I have very strong believe in Block that's the future of decentralized cryptocurrency.
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April 19, 2017, 09:12:58 AM
LTC TESTING HAS BEGUN ON THE BLOCKNET DECENTRLAISED EXCHANGE!
Yes, yes and yes!
Awesome news!
April 19, 2017, 09:01:47 AM
As far as I can tell this is the only coin that does actual trustless atomic trading between separate chains.
I read somewhere Dan did the first trade almost a year ago. Surprising it's taken this long to start getting recognition.
I read somewhere Dan did the first trade almost a year ago. Surprising it's taken this long to start getting recognition.
April 19, 2017, 08:59:39 AM
waiting for 0,032 to offset my losses in XCurrency
April 19, 2017, 08:31:01 AM
LTC TESTING HAS BEGUN ON THE BLOCKNET DECENTRLAISED EXCHANGE!
https://cdn.pbrd.co/images/6aMouJQhe.jpg
https://cdn.pbrd.co/images/6aMouJQhe.jpg
That is awesome Block is more strong than ever. Just moon is coming in next step I also think still time to collect some for node to turn it into money making machine.
April 19, 2017, 08:03:59 AM
LTC TESTING HAS BEGUN ON THE BLOCKNET DECENTRLAISED EXCHANGE!
April 19, 2017, 07:57:35 AM
Just broke $1.50. The time to gather blocks to run a node and earn $ is fast running out.
April 19, 2017, 07:06:59 AM
Everyday this goes up $0.20 - $0.30 
This is very healthy growth this indicates moon is just coming to this coin. I also think it's still cheap because this rally has not begin yet once it will be done than $100 will be on the board.
April 19, 2017, 06:55:03 AM
Everyday this goes up $0.20 - $0.30
April 19, 2017, 05:49:48 AM
Some cursory analysis from Dave Zimbeck of a trade on our decentralised exchange:
Note:
I'm super excited about organically attracting analysis and technical review.
As we approach release, we can expect more people to start digging into the code as we move forward.
Hopefully they will spot issues or suggest improvements too.
that is great news, without the centralised exchanges making the markets then better projects will have more chance of rising to the top
Well maybe just ask Dan for more insight into the script itself... that way you can break it down to other communities and better understand it. He maybe can simply show where its scripted in the code.
I doubt they will give away any hints to the secret sauce and besides I am banned from their thread for calling him and synchist a couple of wimps who ran from bct because they got some heat from scamp dash back in the xc days. I just think they should have stuck it out on this board.
I am in favour of their dex though. I mean the market making on the exchanges is terrible right now. We need a dex or several dx's right now.
Anyway back to bitbay discussions I see we are holding stable at our new M cap. This is great even though we deserve far more really just a matter of time. I like stacking like this anyway gives time to move out of other projects with profit to accumulate a few more bays. oF course would not complain if i wake up to 20k -50k sats one day.
But its no secret... here is part of the hex of the sys redemption TX hash
06918c0662e80bdfd18b6436d6d03c7dc4b2640d
which is in this script...
02ec6c520a16732221299d4e1086361178a6b8915c74b22628dc3243af03b214f7 3045022100c5be42d6eb9b23634c038217f07401a9928b9819cfeb96ddf2c003775032276702205 e53936e44b2c1f7e7fb9c1b58a7c42a8ac51485049cdce3ff49bd6ad7afa160[ALL] 03345a1703469b66af61c17c5db392a152d8199da7f6b97b4e0ece5bf75f9b0b37 0 6354b17576a914409434b90caf84e237ccaf1d517584dbaeb953b588ac6776a9141482743eb5d9a 986192273431c1d575537a29c5b88ada91406918c0662e80bdfd18b6436d6d03c7dc4b2640d8768
Which matches the hash of the first BITCOIN script i checked...
OP_HASH160 06918c0662e80bdfd18b6436d6d03c7dc4b2640d OP_EQUAL
meaning... that the hash unlocked this transaction:
https://chainz.cryptoid.info/sys/tx.dws?175335.htm
So publishing the secret hash on Bitcoins chain unlocks Sys transaction because it used the same hash. Like I said, I'm not really going too deep into it but superficially it looks good.
I already know how to do AT but have no time to work on it as my workload is already crazy. So yeah excited to see where they go with this. Wish I bought more honestly... hopefully they get a really nice UI. There is a lot left for them to do but this looks like a good start.
Note:
I'm super excited about organically attracting analysis and technical review.
As we approach release, we can expect more people to start digging into the code as we move forward.
Hopefully they will spot issues or suggest improvements too.
OP_IF 4 OP_CHECKLOCKTIMEVERIFY OP_DROP OP_DUP OP_HASH160 1482743eb5d9a986192273431c1d575537a29c5b OP_EQUALVERIFY OP_CHECKSIG OP_ELSE OP_DUP OP_HASH160 409434b90caf84e237ccaf1d517584dbaeb953b5 OP_EQUALVERIFY OP_CHECKSIGVERIFY OP_HASH160 06918c0662e80bdfd18b6436d6d03c7dc4b2640d OP_EQUAL OP_ENDIF
Thats the part right there....
I edited my post above, I haven't like totally dissected the script but yeah at first glance looks good. The CLTV is there.
Its saying if the time is one way it goes to the one account if its the other way it goes to the other account. There is a hash in there to redeem
it most likely the hash of the secret that unlocks the TX.
But that online decoder is really messy... I would have to decode it elsewhere and look more closely at it when I wake up.
But yeah seems like its okay so far.
Thats the part right there....
I edited my post above, I haven't like totally dissected the script but yeah at first glance looks good. The CLTV is there.
Its saying if the time is one way it goes to the one account if its the other way it goes to the other account. There is a hash in there to redeem
it most likely the hash of the secret that unlocks the TX.
But that online decoder is really messy... I would have to decode it elsewhere and look more closely at it when I wake up.
But yeah seems like its okay so far.
that is great news, without the centralised exchanges making the markets then better projects will have more chance of rising to the top
Well maybe just ask Dan for more insight into the script itself... that way you can break it down to other communities and better understand it. He maybe can simply show where its scripted in the code.
I doubt they will give away any hints to the secret sauce and besides I am banned from their thread for calling him and synchist a couple of wimps who ran from bct because they got some heat from scamp dash back in the xc days. I just think they should have stuck it out on this board.
I am in favour of their dex though. I mean the market making on the exchanges is terrible right now. We need a dex or several dx's right now.
Anyway back to bitbay discussions I see we are holding stable at our new M cap. This is great even though we deserve far more really
just a matter of time. I like stacking like this anyway gives time to move out of other projects with profit to accumulate a few more bays. oF course would not complain if i wake up to 20k -50k sats one day. But its no secret... here is part of the hex of the sys redemption TX hash
06918c0662e80bdfd18b6436d6d03c7dc4b2640d
which is in this script...
02ec6c520a16732221299d4e1086361178a6b8915c74b22628dc3243af03b214f7 3045022100c5be42d6eb9b23634c038217f07401a9928b9819cfeb96ddf2c003775032276702205 e53936e44b2c1f7e7fb9c1b58a7c42a8ac51485049cdce3ff49bd6ad7afa160[ALL] 03345a1703469b66af61c17c5db392a152d8199da7f6b97b4e0ece5bf75f9b0b37 0 6354b17576a914409434b90caf84e237ccaf1d517584dbaeb953b588ac6776a9141482743eb5d9a 986192273431c1d575537a29c5b88ada91406918c0662e80bdfd18b6436d6d03c7dc4b2640d8768
Which matches the hash of the first BITCOIN script i checked...
OP_HASH160 06918c0662e80bdfd18b6436d6d03c7dc4b2640d OP_EQUAL
meaning... that the hash unlocked this transaction:
https://chainz.cryptoid.info/sys/tx.dws?175335.htm
So publishing the secret hash on Bitcoins chain unlocks Sys transaction because it used the same hash. Like I said, I'm not really going too deep into it but superficially it looks good.
I already know how to do AT but have no time to work on it as my workload is already crazy. So yeah excited to see where they go with this. Wish I bought more honestly... hopefully they get a really nice UI. There is a lot left for them to do but this looks like a good start.
April 19, 2017, 05:32:20 AM
5000 to run a node in NOT official but after a vote in slack 5000 came out top.
Up to $1.45 now. Nice.
This rise is due to the news that LTC and Bitbay have now been added and testing has started for these coins which will be followed by PUBLIC testing of these coins. SYS is already on there too. I see also in slack a few other devs of other coins talking about getting on the DX like gamecoin and some others.
Like I said the rise is because of this news. There has not even been a pump yet!
Up to $1.45 now. Nice.
This rise is due to the news that LTC and Bitbay have now been added and testing has started for these coins which will be followed by PUBLIC testing of these coins. SYS is already on there too. I see also in slack a few other devs of other coins talking about getting on the DX like gamecoin and some others.
Like I said the rise is because of this news. There has not even been a pump yet!
That is natural growth because everyone is holding tight their tokens into wallets. I can predict it will get 10x in next few days. Dev is very genius person and I also think this would be great decision to buy this before it start traveling to the moon.
April 19, 2017, 05:30:48 AM
Cool video about Blocknet , I not only enjoyed it but also going to spread it away to let many people know about the tech and ongoing testing and development on social media as well. we will see more communities going us that will transform us into big and large community.
April 19, 2017, 05:23:09 AM
5000 to run a node in NOT official but after a vote in slack 5000 came out top.
Up to $1.45 now. Nice.
This rise is due to the news that LTC and Bitbay have now been added and testing has started for these coins which will be followed by PUBLIC testing of these coins. SYS is already on there too. I see also in slack a few other devs of other coins talking about getting on the DX like gamecoin and some others.
Like I said the rise is because of this news. There has not even been a pump yet!
Up to $1.45 now. Nice.
This rise is due to the news that LTC and Bitbay have now been added and testing has started for these coins which will be followed by PUBLIC testing of these coins. SYS is already on there too. I see also in slack a few other devs of other coins talking about getting on the DX like gamecoin and some others.
Like I said the rise is because of this news. There has not even been a pump yet!
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