Topic: [ANN][Blocknet] truly decentralized exchange | token ecosystem infrastructure - page 39. (Read 1103308 times)

Blocknet Q1 Marketing Plan (Jan-Mar ‘18) has been announced!

https://steemit.com/blocknet/@theblocknet/blocknet-q1-marketing-plan-jan-mar-18

Very nice, we need it.. I hope it become stronger..

Wallet Redesign Launch (June 15)
https://coindar.org/en/event/blocknet-block-wallet-redesign-launch-2653

Hey dzimbeck, that's great feedback! You should join Rocket Chat, Dan(atcsecure) would love to talk to you. Here is the chat link: https://rocket.blocknet.co:8443/home

Hey there so you should probably let atcsecure know that there is a way to do anonymous cross chain trading that I've discovered. It would be beneficial to explore this as an upgrade:

Basically what you do is allow a p2sh to refer to another p2sh address but limit it to one level deep(to prevent exhausting the nodes). The problem with p2sh in Bitcoin is they don't allow short hand reference to other p2sh addresses. This is particularly frustrating when you need to pay someone but can't because you don't know their script. Oddly, you can pay p2pkh in a script.

So how this benefits AT is to overcome a big problem in anonymity. You see, it's possible to follow every single trade by looking at the hash that is published to both blockchains and. However the way anonymous AT would work is just have the payout go to p2sh1 OR p2sh2

The first one is privately disclosed to the recipient so he knows he can spend it contingent on the other chain (this is the shared hash between both chains typical to AT)

The second p2sh is also disclosed and it contains a completely different hash (this is the anon part)

So when the first transaction publishes with the shared hash, instead of immediately spending it the user waits to receive the solution to the other hash puzzle sent privately. He knows he can publish the shared one at any time but would rather wait for other disassociated hash to protect his anonymity. Because it's p2sh, nobody would know the contents until the redeem script is published anyways protecting the anonymity.  Thus there is now a way to make to completely unrelated transactions across chains.

If he likes the idea be sure to give a shout out. I might add it to a paper at some point with some of the other crypto concepts I've come up with but have no time to work on said features or concepts since I'm already pretty busy.

Cheers and hope all is well with your dev schedule.

Word on the BLOCK: January 30th

https://steemit.com/blocknet/@theblocknet/word-on-the-block-january-30th

Blocknet is self funded via the nodes: https://medium.com/@theblocknetchannel/the-blocknet-governance-community-voting-system-has-launched-3e6cb613bc68

The team can be viewed here under the project tab: https://blocknetprotocol.com/dashboard
Also, a new website is coming soon.

Thank you for reply.


When that exchange may come to life? I just see more than 5 DEX, cannot say if all are usable, even I am big supporter of that idea. Also interesting if there is anything about team and money? ICO was long time ago. How many money left to realize plans? Is anybody looking that? Sorry for such questions

true, no one can predict how it will be and guarantee but we can judge according to the development
depending on how the team working for better progress, so hoping this project continue to increase

I hope this increase lasts a long time, but what if the future is actually declining? not everyone can predict what will happen in the future, which must continue to increase.

It went impressive up today which is still nothing as very limited supply of coins will play vital role always. Blocknet is going to on front position to lead this whole decentralized exchanges in future because this is ultimate solution for cryptocurrencies to survive and grow independently.

The Blocknet decentralized exchange is only the first app built on the Blocknet Protocol. 

The Blocknet is designed as infrastructure for the emerging token ecosystem. Any service or orchestrated sequence of microservices provided by dapps may be delivered over the Blocknet's infrastructure.

Using decentralized exchange, these services are intrinsically monetizable, removing the friction and high costs of traditional payment networks - friction which has prevented the monetisation of the bulk of the API ecosystem.

Due to the decentralized exchange, consumers of a service may pay in their native token even if the service consumes a different token.

Well that explains it all.
Just move on to some other coin, there are plenty of good ones. And don't forget next time: HODL!

Is an Exchange a main target of project? Or there are any other business projects/plans? Any timeframe for that? How big team is working on project - anything to read about team and business plans?

Nice shitpost, I'm very proud of you! Did you even read the slightest about Blocknet?

ICO was done a long time ago and it's being traded on Upbit,Bittrex and cryptobridge...

I really love the concept of this project. The project has a strong team for technical support and highly experienced  too. It will do well during the ico and do very well in the market when being traded.

Nobody holds an altcoin for 4 years, only BTC, and BLOCK was dumped to a fraction of ICO price in BTC at least four times since then. It will happen again, so see you not in 3 months but in 3 years.

At that time it was 10 cents? pump and dump several times?

its now over $45 ++

Maybe you are just sour you didn't buy and hold back then.

Come back in 3 months.

Atomic swaps are decentralized.

Yes, now it is basically everywhere mandatory to verify your identity before doing whatever in those centralized exchanges - and it will only get worse. So welcome the decentralized ones. Let's hope Blocknet will deliver finally.