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Topic: [ANN][Blocknet] truly decentralized exchange | token ecosystem infrastructure - page 420. (Read 1103293 times)

sr. member
Activity: 475
Merit: 251
On Poloniex now you can generate Blockadress.

Block / BTC

and

Block / NHZ Market.



full member
Activity: 178
Merit: 100
I'm sure someone has asked in the last 53 pages but i dont have the time nor patience to dig, what's the POS % on this? 5%? and also just to make sure i have been informed correctly, launch in 4 1/2 hours? thanks guys sorry if you have been over this already. Normally i would read all of it as i'm sure there is plenty of good troll comedy back there somewhere and i'm a sucker for troll comedy. I assure you i will check it later when I have the time. Thanks and good luck.

to my understanding there is no POS on blocknet shares.  The amount issued during IPO will be the only "coins" or "tokens" that will evert exist.

hmm, i didnt think so either but the wallet has the stake feature.

POS is set to 3% interest

Interest is needed to keep the network strong so people will run their wallets from time to time. Self-evident for people that have read up on POS and POW.
Here is a short summery for those wondering. Block-chain technology is a decentralized time-stamp server. The time-stamp can be generated in two ways, POW where miners generate them or POS where open wallets reach consensus based on PC clock.
When all coins are mined POW coins like bitcoin and litecoin will rely on transaction fees to pay off miners for their service of generating new time-stamps.
POS pays interest to ensure that those with wallets opens their wallet from time to time to help generate a timestamp.

This is why Blocknet has to have POS.
An alternative could have been building it on-top of another coin like NXT, but that's a whole different story of pros and cons.
hero member
Activity: 616
Merit: 500
Bittrex : 3.4M
Polo : 2.4M
Bter : 2.2M
Coingateway : 2M

Is there a limit to how much each individual altcoin can trade for BLOCK through coingateway?  If yes, is there a limit to how much one user can trade? Or is it first come, first serve? (For example - is it possible to have a scenario where one user maxes out the total amount of XC that can be traded for BLOCK?)
hero member
Activity: 532
Merit: 500
Any idea why congateway took blocknet option down?  With out them, is there another way to trade various alts for blocknet?

Hey Kiely Smiley

ITO tab no longer on CoinGateway.

Yep....just checked.  You are correct.


I asked them to remove the tab until 5 AM EST at which point the ITO markets will open

I'm not Kiely but thanks for posting that answer.  I didn't see that.
hero member
Activity: 756
Merit: 500
Bittrex : 3.4M
Polo : 2.4M
Bter : 2.2M
Coingateway : 2M
hero member
Activity: 616
Merit: 500


POS is set to 3% interest


Participating alts = 2m
Bittrex = 3.4m

How much does Poloniex and Bter hold?
hero member
Activity: 756
Merit: 500
I'm sure someone has asked in the last 53 pages but i dont have the time nor patience to dig, what's the POS % on this? 5%? and also just to make sure i have been informed correctly, launch in 4 1/2 hours? thanks guys sorry if you have been over this already. Normally i would read all of it as i'm sure there is plenty of good troll comedy back there somewhere and i'm a sucker for troll comedy. I assure you i will check it later when I have the time. Thanks and good luck.

to my understanding there is no POS on blocknet shares.  The amount issued during IPO will be the only "coins" or "tokens" that will evert exist.

hmm, i didnt think so either but the wallet has the stake feature.

POS is set to 3% interest
legendary
Activity: 2310
Merit: 1000
Any idea why congateway took blocknet option down?  With out them, is there another way to trade various alts for blocknet?

Hey Kiely Smiley

ITO tab no longer on CoinGateway.

Yep....just checked.  You are correct.


I asked them to remove the tab until 5 AM EST at which point the ITO markets will open
legendary
Activity: 2310
Merit: 1000
in this case you already know these altcoins have less to no value to you.

No value to the Blocknet? 

Quote
SSD – First steganograpic anon transaction over mobile.  This means that you can embed a transfer of SSD into an image that you take from your mobile and not have it traced – the image doesn’t suggest that a transaction has occurred.  That is pretty freaking stout in my opinion.  Development ongoing.

XST – World’s First anonymous SMS transaction.  Again, a mobile transaction that is anonymous. Development ongoing (this is a theme with everyone here so I won't repeat it).

APEX – In wallet developments – everything from social networking to casinos.  Aggressive dev team with an eye towards enabling web merchant transactions within their wallet.

UTIL – Content filtering to protect exit nodes from malicious and illegal content.  A great business feature.

SWIFT – geoSwift, a way to GPS locate and connect sellers/buyers via mobile. 

LXC – Working on BlueTooth transactions…meaning mobile transactions without internet connection.  Sidechain research and implementation planned.

FIBRE – An Aggressive dev team that has already created their own OS and have integrated FibreLock (an android style password system that renders keyloggers obsolete) into a BTC Modded wallet in addition to their own. 

NHZ – Asset Exchange and further expansion of NXT code.

XC – Working on some cool stuff with a dev who has proven himself through a mountain of accusations.  Not sure I need to list the features and development here.

The best part of my summaries are this – it’s not comprehensive!!!  It’s a miniscule aspect of what each coin has to offer and not a complete picture of what each respective coins developers are capable of.  My point was to make an attempt to list a unique feature of each coin to demonstrate the very broad based level of expertise represented here.  There are many talented devs here with many ‘firsts’ represented.  All of them together can combine into a seamless user experience that can’t be claimed anywhere.  All of these features together create a potential user experience that is unrivaled and will be for some time.

Apologies for the repost but I think people still don't get the technology that is/will be represented here.  All of the above has already occurred and expansion from that is what will occur for individual coins and their value to user experience is something that can't be quantified yet.

I'll tail off for now...I'm excited.  I have been involved with crypto for awhile and have been a 'quiet researcher/observer'...there is no way that anyone can convince me that these devs aren't stout and haven't delivered (I read more than many fudsters type)...

If one wants to consider...this is the largest public R&D experiment I have ever seen much less participated in.  It's the tech represented that should drive this and collaboration is where it will happen.

My two cents...

+1 and now also XCash is part of BlockNet with some pretty nice features
legendary
Activity: 2310
Merit: 1000
just a question how will i be able to buy into Blocknet ITO with my Util coins

Through Coingateway.net , you will see there custom tab - BlockNet ITO at 5 AM EST
hero member
Activity: 756
Merit: 500
just a question how will i be able to buy into Blocknet ITO with my Util coins

Through https://www.coingateway.net/
hero member
Activity: 756
Merit: 500
Bittrex's Statement for the ITO

Bittrex will be hosting the BlockNET ICO. As a reminder, we are providing escrow for the development team. We are not endorsing this coin or any others on our exchange. Please do your own research before trading. Below are the FULL and DEFINITIVE terms for this ICO; no other conditions are required.
* We will review the wallet before initially adding it.
* Bittrex will host 3,400,000.00 of 10,000,000 total coins at a price of 0.00025 the ICO will value 2500 BTC across all exchanges.
* The ICO will run for 7 days beginning October 29, 2014 at 5am PDT and ending on November 5th 23:59:59 PDT
* The ICO must raise 850 BTC total across all exchanges to be considered a success.
* If success conditions are NOT met, all BTC invested will be refunded through a buy wall.
* Once the ICO is over we will verify there is working wallet, blockchain, and block explorer.
* ICO payment will be in a lump sum to BlockNet within 7 days after the ICO ends.
* No trading of the coin will be allowed until the ICO ends and escrow is released.
* ALL SALES ARE FINAL AND THERE WILL BE NO REFUNDS - by participating in this ICO, you are agreeing to the above terms.
legendary
Activity: 1050
Merit: 1000
just a question how will i be able to buy into Blocknet ITO with my Util coins
hero member
Activity: 728
Merit: 500
in this case you already know these altcoins have less to no value to you.

No value to the Blocknet? 

Quote
SSD – First steganograpic anon transaction over mobile.  This means that you can embed a transfer of SSD into an image that you take from your mobile and not have it traced – the image doesn’t suggest that a transaction has occurred.  That is pretty freaking stout in my opinion.  Development ongoing.

XST – World’s First anonymous SMS transaction.  Again, a mobile transaction that is anonymous. Development ongoing (this is a theme with everyone here so I won't repeat it).

APEX – In wallet developments – everything from social networking to casinos.  Aggressive dev team with an eye towards enabling web merchant transactions within their wallet.

UTIL – Content filtering to protect exit nodes from malicious and illegal content.  A great business feature.

SWIFT – geoSwift, a way to GPS locate and connect sellers/buyers via mobile. 

LXC – Working on BlueTooth transactions…meaning mobile transactions without internet connection.  Sidechain research and implementation planned.

FIBRE – An Aggressive dev team that has already created their own OS and have integrated FibreLock (an android style password system that renders keyloggers obsolete) into a BTC Modded wallet in addition to their own. 

NHZ – Asset Exchange and further expansion of NXT code.

XC – Working on some cool stuff with a dev who has proven himself through a mountain of accusations.  Not sure I need to list the features and development here.

The best part of my summaries are this – it’s not comprehensive!!!  It’s a miniscule aspect of what each coin has to offer and not a complete picture of what each respective coins developers are capable of.  My point was to make an attempt to list a unique feature of each coin to demonstrate the very broad based level of expertise represented here.  There are many talented devs here with many ‘firsts’ represented.  All of them together can combine into a seamless user experience that can’t be claimed anywhere.  All of these features together create a potential user experience that is unrivaled and will be for some time.

Apologies for the repost but I think people still don't get the technology that is/will be represented here.  All of the above has already occurred and expansion from that is what will occur for individual coins and their value to user experience is something that can't be quantified yet.

I'll tail off for now...I'm excited.  I have been involved with crypto for awhile and have been a 'quiet researcher/observer'...there is no way that anyone can convince me that these devs aren't stout and haven't delivered (I read more than many fudsters type)...

If one wants to consider...this is the largest public R&D experiment I have ever seen much less participated in.  It's the tech represented that should drive this and collaboration is where it will happen.

My two cents...
legendary
Activity: 1848
Merit: 1009
Next-Gen Trade Racing Metaverse
copper member
Activity: 1162
Merit: 1025
I'm sure someone has asked in the last 53 pages but i dont have the time nor patience to dig, what's the POS % on this? 5%? and also just to make sure i have been informed correctly, launch in 4 1/2 hours? thanks guys sorry if you have been over this already. Normally i would read all of it as i'm sure there is plenty of good troll comedy back there somewhere and i'm a sucker for troll comedy. I assure you i will check it later when I have the time. Thanks and good luck.

to my understanding there is no POS on blocknet shares.  The amount issued during IPO will be the only "coins" or "tokens" that will evert exist.

hmm, i didnt think so either but the wallet has the stake feature.
hero member
Activity: 810
Merit: 500
https://ironx.io IRONX
I'm sure someone has asked in the last 53 pages but i dont have the time nor patience to dig, what's the POS % on this? 5%? and also just to make sure i have been informed correctly, launch in 4 1/2 hours? thanks guys sorry if you have been over this already. Normally i would read all of it as i'm sure there is plenty of good troll comedy back there somewhere and i'm a sucker for troll comedy. I assure you i will check it later when I have the time. Thanks and good luck.

to my understanding there is no POS on blocknet shares.  The amount issued during IPO will be the only "coins" or "tokens" that will evert exist.
copper member
Activity: 1162
Merit: 1025
I'm sure someone has asked in the last 53 pages but i dont have the time nor patience to dig, what's the POS % on this? 5%? and also just to make sure i have been informed correctly, launch in 4 1/2 hours? thanks guys sorry if you have been over this already. Normally i would read all of it as i'm sure there is plenty of good troll comedy back there somewhere and i'm a sucker for troll comedy. I assure you i will check it later when I have the time. Thanks and good luck.
hero member
Activity: 532
Merit: 500
Any idea why congateway took blocknet option down?  With out them, is there another way to trade various alts for blocknet?
hero member
Activity: 756
Merit: 500
Dan, no matter what happens. Great job. Smiley

I am sure that 20% for Alts will be gone in hours.

why only 20% and not 40 or 50%, this would also give the joining coins much benefits/boost needed? by offering just 20% this would encouraging people to dumps the joining coins for btc then buy into this freebie giveaway ito for dan and his team, i guessed btc is easy to dump. the dumping already happen to bitswift

Blocknet will inspire and enable crypto developers to implement next generation blockchain based services creating an entirely new eco-system.  Blocknet embraces development of these coins, which add's value not incentive to dump.



if you believed blocknet add's value to these joining coins then there is no reason to offer just 20% for them over btc 80%. like i said, btc is easy to dump and would have much more value for you. in this case you already know these altcoins have less to no value to you.


The new features and services these alt-coins develop increase their value

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