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Topic: [ANN][Blocknet] truly decentralized exchange | token ecosystem infrastructure - page 433. (Read 1103293 times)

legendary
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
ito launch time & zone? (sorry if asked before)

this information still not available?

It's on the OP FAQ and on the website.

(Has been for some time.)
legendary
Activity: 2310
Merit: 1000
sr. member
Activity: 243
Merit: 250
ito launch time & zone? (sorry if asked before)

this information still not available?
legendary
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
I had a strange feeling from the start. It was just too good to be true. "The Internet of Blockchains" and other mantras spreading around. The reality is that there is nothing behind the blocknet , they do not even have a whitepaper. It is just a made up thing, that they claim they will develop after they get 2,500 BTC in funding.

Your post is spot on Spoetnik - and people who have been around know you are a legit person, one of the best known people on BTC talk, that's why your claim carries much more weight then if it was posted from a newbie account.

I was following the blocknet thread for the last couple of days, and multiple people were asking legit technical questions, and the "representative" was just dismissing these questions. Raised suspicion right there.

However - I never thought that somebody would be so bold to make a scam this big. We are not talking about Bitswift and it's 300 BTC IPO, this is something 10 times larger 10 million tokens selling for 25 K satoshi - 2,500 BTC , a nice little million USD.

The magnitude of this is getting scary, it seems that the scams are getting much more elaborate and are on a much larger scale. We are talking thousands of BTC here.

Jimmy Zed
I very confused now. Is this merely mongering?
https://bitcointalksearch.org/topic/scam-blocknet-836324

Ha ha. That thread's OP has some of the weirdest reasons for suspicion that I've ever seen.

- We use pictures... and picture are scammy. Yes, totally. Never trust a picture.

- The Blocknet is closed source? [well, no it isn't. It's open source, but anyway...]


That sort of page makes me wonder whether it was created by a Blocknet supporter in order to make FUD look extra-silly. Ha ha.

Moving on...
legendary
Activity: 2310
Merit: 1000
Much better place to read is official thread and BlockNet FAQ https://bitcointalksearch.org/topic/m.9269808

More info will be released today on the development timeline, budget and accountability measures for the funding.
newbie
Activity: 28
Merit: 0
I had a strange feeling from the start. It was just too good to be true. "The Internet of Blockchains" and other mantras spreading around. The reality is that there is nothing behind the blocknet , they do not even have a whitepaper. It is just a made up thing, that they claim they will develop after they get 2,500 BTC in funding.

Your post is spot on Spoetnik - and people who have been around know you are a legit person, one of the best known people on BTC talk, that's why your claim carries much more weight then if it was posted from a newbie account.

I was following the blocknet thread for the last couple of days, and multiple people were asking legit technical questions, and the "representative" was just dismissing these questions. Raised suspicion right there.

However - I never thought that somebody would be so bold to make a scam this big. We are not talking about Bitswift and it's 300 BTC IPO, this is something 10 times larger 10 million tokens selling for 25 K satoshi - 2,500 BTC , a nice little million USD.

The magnitude of this is getting scary, it seems that the scams are getting much more elaborate and are on a much larger scale. We are talking thousands of BTC here.

Jimmy Zed
I very confused now. Is this merely mongering?
https://bitcointalksearch.org/topic/scam-blocknet-836324
legendary
Activity: 2310
Merit: 1000
Less than 48 hours to go and no wallets available. Can you give us a time of when we can get them apart from "before the IPO".
I need to set all this up from home ASAP as I will be at work.

I will pm you as soon as it is available for public

You will be able to create BLOCK address on exchanges too
member
Activity: 84
Merit: 10
Less than 48 hours to go and no wallets available. Can you give us a time of when we can get them apart from "before the IPO".
I need to set all this up from home ASAP as I will be at work.
legendary
Activity: 2310
Merit: 1000
Where is the whitepaper? and a project of this magnitude and room for 2500 BTC ipo i want to see a video who the devs are.


You can check info about developers on coinssource


The Blocknet does not have a "whitepaper".

What we do have, which is better, is:
- the Xnode protocol, which is already coded, live and functioning on XCurrency nodes.
- Telehash v.3 documentation: https://github.com/telehash/telehash.org/tree/v3/v3
- Serverless Telehash with DHT: see the above link, and also https://github.com/quartzjer/TeleHash/blob/master/org/proto/kademlia.md


P.S. Personally I would like it if there was a whitepaper, because it would set certain people's minds at rest. However a whitepaper by no means guarantees the success of a project. Spelling out a solution is not some sort of guarantee that the solution will work.



Only part of the XBridge protocol has been completed and this was not done in an open source way.

However the XBridge will be open source.

We're considering releasing the part-completed code to serve as proof-of-concept.

sr. member
Activity: 456
Merit: 250
Where is the whitepaper? and a project of this magnitude and room for 2500 BTC ipo i want to see a video who the devs are.
sr. member
Activity: 280
Merit: 250
So the all coins in blocknet marketcap value goes up so does blocknet shares value goes up too?


of course not.  Grin
legendary
Activity: 2310
Merit: 1000
ito launch time & zone? (sorry if asked before)

ITO will begin on 5am EST Oct 29th and run until November 5th 23:59:00
legendary
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
i'd like to see a poll / further arguments weather blocknet is watering down the value of the participating coins or not ....
the faq is not satisfying


You should present an argument. Personally I think the FAQ is pretty satisfying.

What do you think is left out of it?

I'm very happy to discuss this and to update the FAQ with relevant details.
sr. member
Activity: 294
Merit: 250
i'd like to see a poll / further arguments weather blocknet is watering down the value of the participating coins or not ....
the faq is not satisfying

legendary
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market

Why no whitepaper this will bring confidence in Investors. Xbridge is open source

exactly, this is all i really want...

The Blocknet does not have a "whitepaper".

What we do have, which is better, is:
- the Xnode protocol, which is already coded, live and functioning on XCurrency nodes.
- Telehash v.3 documentation: https://github.com/telehash/telehash.org/tree/v3/v3
- Serverless Telehash with DHT: see the above link, and also https://github.com/quartzjer/TeleHash/blob/master/org/proto/kademlia.md


P.S. Personally I would like it if there was a whitepaper, because it would set certain people's minds at rest. However a whitepaper by no means guarantees the success of a project. Spelling out a solution is not some sort of guarantee that the solution will work.


Is there a link to the xbridge opensource?

Only part of the XBridge protocol has been completed and this was not done in an open source way.

However the XBridge will be open source.

We're considering releasing the part-completed code to serve as proof-of-concept.


do so. before the ito. it saves you a lot of stress and repeating arguments. makes everybodys lives easier.

I couldn't agree more. :-)
legendary
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
So the all coins in blocknet marketcap value goes up so does blocknet shares value goes up too?


No, Blocknet tokens are independent of the value of participating coins and are not asset-backed. (We feel that this avoids centralisation of altcoins' money supply.)

The value of the Blocknet's funding will go up if participating altcoins go up, because part of its funds will be denominated in altcoins.


full member
Activity: 238
Merit: 100
So the all coins in blocknet marketcap value goes up so does blocknet shares value goes up too?
hero member
Activity: 882
Merit: 1000

Why no whitepaper this will bring confidence in Investors. Xbridge is open source

exactly, this is all i really want...

The Blocknet does not have a "whitepaper".

What we do have, which is better, is:
- the Xnode protocol, which is already coded, live and functioning on XCurrency nodes.
- Telehash v.3 documentation: https://github.com/telehash/telehash.org/tree/v3/v3
- Serverless Telehash with DHT: see the above link, and also https://github.com/quartzjer/TeleHash/blob/master/org/proto/kademlia.md


P.S. Personally I would like it if there was a whitepaper, because it would set certain people's minds at rest. However a whitepaper by no means guarantees the success of a project. Spelling out a solution is not some sort of guarantee that the solution will work.


Is there a link to the xbridge opensource?

Only part of the XBridge protocol has been completed and this was not done in an open source way.

However the XBridge will be open source.

We're considering releasing the part-completed code to serve as proof-of-concept.


do so. before the ito. it saves you a lot of stress and repeating arguments. makes everybodys lives easier.
legendary
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market

Why no whitepaper this will bring confidence in Investors. Xbridge is open source

exactly, this is all i really want...

The Blocknet does not have a "whitepaper".

What we do have, which is better, is:
- the Xnode protocol, which is already coded, live and functioning on XCurrency nodes.
- Telehash v.3 documentation: https://github.com/telehash/telehash.org/tree/v3/v3
- Serverless Telehash with DHT: see the above link, and also https://github.com/quartzjer/TeleHash/blob/master/org/proto/kademlia.md


P.S. Personally I would like it if there was a whitepaper, because it would set certain people's minds at rest. However a whitepaper by no means guarantees the success of a project. Spelling out a solution is not some sort of guarantee that the solution will work.


Is there a link to the xbridge opensource?

Only part of the XBridge protocol has been completed and this was not done in an open source way.

However the XBridge will be open source.

We're considering releasing the part-completed code to serve as proof-of-concept.
legendary
Activity: 3486
Merit: 1126

Why no whitepaper this will bring confidence in Investors. Xbridge is open source

exactly, this is all i really want...

The Blocknet does not have a "whitepaper".

What we do have, which is better, is:
- the Xnode protocol, which is already coded, live and functioning on XCurrency nodes.
- Telehash v.3 documentation: https://github.com/telehash/telehash.org/tree/v3/v3
- Serverless Telehash with DHT: see the above link, and also https://github.com/quartzjer/TeleHash/blob/master/org/proto/kademlia.md


P.S. Personally I would like it if there was a whitepaper, because it would set certain people's minds at rest. However a whitepaper by no means guarantees the success of a project. Spelling out a solution is not some sort of guarantee that the solution will work.


Is there a link to the xbridge opensource?
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