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Topic: [ANN][Blocknet] truly decentralized exchange | token ecosystem infrastructure - page 187. (Read 1103312 times)

sr. member
Activity: 308
Merit: 250

Blocknet's new partner, Bitnation, interviewed on the Keiser Report:

https://www.youtube.com/watch?v=w7aY8pIMI7c&
hero member
Activity: 1344
Merit: 502
I bought a little bit of Block and am back in now, mostly to be amused when (haters) people figure out this is all real and the FUD was just FUD. New website looks great by the way.

Out of the darkness and into the light.  Welcome back! Smiley

Speaking of dark and light, i always wondered if both sides could work together (supernet and blocknet) but now it seems more extremities have come into play, and these examples may stand for a lifetime unless someone changes them

I was not talking about Supernet, I was only trying to point out that some people might have made the wrong judgement call demonizing Dan and so on. It was pretty harsh and totally unfair. Anyway, time marches on.

That wasn't the assertion I was trying to make by any means, I was merely suggesting when building future tech as powerful as this, perhaps in the early stages its best to consider a more enlightened approach (don't laugh at me too hard please). Finding a means of collaborating on whatever level can be agreed upon or may be possible can help not both each other but everyone who benefits out of the greater outcome
full member
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A famous Hannibal Smith quote comes to mind...

sr. member
Activity: 518
Merit: 250
Hi, New here, kind of interesting although hard to understand what it does exactly lol. Will do some more reading tomorrow but deffinately looks very interesting to me. Too bad price is at its alltime high..

And what do i buy when i buy block? Are that tokens or are that coins and how many are there in total? Or maybe i just have to do some more reading before asking questions hehe


Welcome!

The Blocknet is the first-ever decentralized platform-as-a-service.  Recognizing that there will never only be "one blockchain to rule them all" (as humanities data needs are too great), the Blocknet serves as an opensource, decentralized, inter-operable framework for all blockchains.  This will allow communication between blockchains (including bitcoins) and their services (ie - encrypted messaging, anon, instant transfers, etc.) through a chain-agnostic p2p network.  

The potential for Blocknet and related applications & services are quite literally, limitless.  And in my opinion, Blocknet's tech is the most revolutionary & disruptive tech since the blockchain itself.  

The price is not necessarily at its "all-time high."  It is at or below ITO levels (25k sat), and only a very small amount of coins have been bought and sold below the ITO price (think of it this way: if you buy below the ITO price of 25k sats, you are getting in at a discount compared to the vast majority who bought during the ITO).  When you buy BLOCK, you are buying a token, which temporarily functions identically to any other coin.  However, at a date in the near future, they will be redeemable for HZ assets (shares).  At that point, every xbridge operation will return microfees to the Blocknet, which will then distributed between the Blocknet's shareholders.  Similarly, every xbridge operation will return microfees to any individual whose node delivers a service.


Interestingly, Andreas Antonopoulos (speaking at MIT), recently said:

"Bitcoin may end up being the gold-reserve currency… digital gold reserving value for other currencies, hundreds of other currencies.  As long as you have a two-way exchange between the value, you can very seamlessly move from one to the other… I expect we will see a world where bitcoin provides a core fungible currency value layer on top of which you’ll have protocol layers that deliver micro payments, fast transaction processing, anonymity and all kinds of other programmatic guarantees depending on the niche application.  Which is why there will not be one currency to rule them all, because there is no one application for everyone."  (Reference: http://youtu.be/J8y_GypCWf4?t=28m2s)

The Blocknet is the paramount solution that realizes the interconnected & interdependent world of cryptocurrencies in which Andreas envisions.






Thanks for the great explanation. I just bought myself a few coins/tokens  Grin
hero member
Activity: 616
Merit: 500
Would it be possible to update coinmarketcap with the correct coin amount?

Thanks.

I don't believe this is possible at the moment.
hero member
Activity: 616
Merit: 500
Hi, New here, kind of interesting although hard to understand what it does exactly lol. Will do some more reading tomorrow but deffinately looks very interesting to me. Too bad price is at its alltime high..

And what do i buy when i buy block? Are that tokens or are that coins and how many are there in total? Or maybe i just have to do some more reading before asking questions hehe


Welcome!

The Blocknet is the first-ever decentralized platform-as-a-service.  Recognizing that there will never only be "one blockchain to rule them all" (as humanities data needs are too great), the Blocknet serves as an opensource, decentralized, inter-operable framework for all blockchains.  This will allow communication between blockchains (including bitcoins) and their services (ie - encrypted messaging, anon, instant transfers, etc.) through a chain-agnostic p2p network.  

The potential for Blocknet and related applications & services are quite literally, limitless.  And in my opinion, Blocknet's tech is the most revolutionary & disruptive tech since the blockchain itself.  

The price is not necessarily at its "all-time high."  It is at or below ITO levels (25k sat), and only a very small amount of coins have been bought and sold below the ITO price (think of it this way: if you buy below the ITO price of 25k sats, you are getting in at a discount compared to the vast majority who bought during the ITO).  When you buy BLOCK, you are buying a token, which temporarily functions identically to any other coin.  However, at a date in the near future, they will be redeemable for HZ assets (shares).  At that point, every xbridge operation will return microfees to the Blocknet, which will then be distributed between the Blocknet's shareholders.  Similarly, every xbridge operation will return microfees to any individual whose node delivers a service.


Interestingly, Andreas Antonopoulos (speaking at MIT), recently said:

"Bitcoin may end up being the gold-reserve currency… digital gold reserving value for other currencies, hundreds of other currencies.  As long as you have a two-way exchange between the value, you can very seamlessly move from one to the other… I expect we will see a world where bitcoin provides a core fungible currency value layer on top of which you’ll have protocol layers that deliver micro payments, fast transaction processing, anonymity and all kinds of other programmatic guarantees depending on the niche application.  Which is why there will not be one currency to rule them all, because there is no one application for everyone."  (Reference: http://youtu.be/J8y_GypCWf4?t=28m2s)

The Blocknet is the paramount solution that realizes the interconnected & interdependent world of cryptocurrencies in which Andreas envisions.




member
Activity: 118
Merit: 10
Wow some good news Shocked. let's see how this bitnation blocknet marriage will progress cheers  Smiley Smiley
legendary
Activity: 1288
Merit: 1000
Would it be possible to update coinmarketcap with the correct coin amount?

Thanks.
legendary
Activity: 1470
Merit: 1000
cryptocollectorsclub.com
I bought a little bit of Block and am back in now, mostly to be amused when (haters) people figure out this is all real and the FUD was just FUD. New website looks great by the way.

Out of the darkness and into the light.  Welcome back! Smiley

Speaking of dark and light, i always wondered if both sides could work together (supernet and blocknet) but now it seems more extremities have come into play, and these examples may stand for a lifetime unless someone changes them

I was not talking about Supernet, I was only trying to point out that some people might have made the wrong judgement call demonizing Dan and so on. It was pretty harsh and totally unfair. Anyway, time marches on.
sr. member
Activity: 518
Merit: 250
Hi, New here, kind of interesting although hard to understand what it does exactly lol. Will do some more reading tomorrow but deffinately looks very interesting to me. Too bad price is at its alltime high..

And what do i buy when i buy block? Are that tokens or are that coins and how many are there in total? Or maybe i just have to do some more reading before asking questions hehe
hero member
Activity: 784
Merit: 503
Bitcoin King BTC
Wow, amazing news today!  The Bitnation partnership is HUGE!

Has anyone else noticed that 50 btc buy order on bittrex?

lmao i didnt see that, but i have now thx 2 you ( canceld my sell order also lol)
full member
Activity: 226
Merit: 100
Wow, amazing news today!  The Bitnation partnership is HUGE!

Has anyone else noticed that 50 btc buy order on bittrex?
sr. member
Activity: 361
Merit: 250
I bought a little bit of Block and am back in now, mostly to be amused when (haters) people figure out this is all real and the FUD was just FUD. New website looks great by the way.

Out of the darkness and into the light.  Welcome back! Smiley

Speaking of dark and light, i always wondered if both sides could work together (supernet and blocknet) but now it seems more extremities have come into play, and these examples may stand for a lifetime unless someone changes them

I'm with you, Supernet and Blocknet to combine to form SuperBlocknet!!!!!
legendary
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
Beat me to it @RW-Stott :-)

Try it out yourself:
http://atcsecure.com/blocknet/xbridgev2/bitswiftv2-xbridge.zip

http://atcsecure.com/blocknet/xbridgev2/blocknet-rev2-client.zip

http://atcsecure.com/blocknet/xbridgev2/xc/


Bear in mind that these are test builds.
Backup your wallet.dat
Don't be surprised if there are bugs.
Setup is complicated. And it doesn't use UPNP yet, so you have to set up port forwarding. Get on Slack if you need help.
legendary
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
@starblocks
- You mean about needing to find a way to get the two projects to work together asap?

Yes, I'd welcome ideas on that topic.
hero member
Activity: 1344
Merit: 502
Boom.




[Click the image to read the rest of the article.]



Ok, you just dropped the bomb I imagined you would but would you at least consider what I said please
hero member
Activity: 616
Merit: 500

Huge.

Blocknet has the potential to revolutionize the entire crypto-field, as it serves as a decentralized, open source bridge between all blockchains, including bitcoins -- it is a game-changer.
sr. member
Activity: 308
Merit: 250
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