Charlie Shrem is saying ALT coins are dead with the new whitepaper on Sidechains. Care to respond to his comments on twitter? If ALT are dead, will the Blocknet host the Sidechains or the other way around
Topic: [ANN][Blocknet] truly decentralized exchange | token ecosystem infrastructure - page 450. (Read 1103311 times)
October 22, 2014, 08:00:44 PM
Sir Synechist,
Charlie Shrem is saying ALT coins are dead with the new whitepaper on Sidechains. Care to respond to his comments on twitter? If ALT are dead, will the Blocknet host the Sidechains or the other way around
Charlie Shrem is saying ALT coins are dead with the new whitepaper on Sidechains. Care to respond to his comments on twitter? If ALT are dead, will the Blocknet host the Sidechains or the other way around
October 22, 2014, 07:13:59 PM
good,i will in
October 22, 2014, 06:50:36 PM
Synechist.......I don't know how in the hell you are keeping up with all this man! I struggled to stay updated on the XC thread alone, now these multiple threads.....I just can't keep up with reading them:-)
+1. Yeoman's work
Minimal sleep. Personal neglect. Alas.
Haha, me too and I still can't keep up lol:-)
October 22, 2014, 06:45:30 PM
Synechist.......I don't know how in the hell you are keeping up with all this man! I struggled to stay updated on the XC thread alone, now these multiple threads.....I just can't keep up with reading them:-)
+1. Yeoman's work
Minimal sleep. Personal neglect. Alas.
Nonetheless, great job on staying on top of everything!
October 22, 2014, 06:18:52 PM
Synechist.......I don't know how in the hell you are keeping up with all this man! I struggled to stay updated on the XC thread alone, now these multiple threads.....I just can't keep up with reading them:-)
+1. Yeoman's work
Minimal sleep. Personal neglect. Alas.
October 22, 2014, 06:15:52 PM
Synechist.......I don't know how in the hell you are keeping up with all this man! I struggled to stay updated on the XC thread alone, now these multiple threads.....I just can't keep up with reading them:-)
+1. Yeoman's work
October 22, 2014, 06:14:29 PM
Synechist.......I don't know how in the hell you are keeping up with all this man! I struggled to stay updated on the XC thread alone, now these multiple threads.....I just can't keep up with reading them:-)
October 22, 2014, 06:00:06 PM
CoinGateway will handle the majority of coins.
So does this mean if we buy blocknet with XC on coingateway, that coingateway then DUMPS the XC into the market and the XC price crashes??How is the XC exchange rate calculated?
?No.
The Blocknet Foundation keeps the coins to fund development.
No coins are dumped. This is in the FAQ under the OP.
Is it not to get more BTC in ITO?
I think it is
October 22, 2014, 05:48:04 PM
I mentioned the blocknet as a proposed alternative to "pegged sidechains" for bitcoin on a reddit thread.
http://www.reddit.com/r/Bitcoin/comments/2k070h/enabling_blockchain_innovations_with_pegged
A criticism offered was that a full node and miners would have to keep track of every single blockchain. How will each node on different blockchains "keep up" with other blockchains?
Thanks, very excited about the potential of this!
http://www.reddit.com/r/Bitcoin/comments/2k070h/enabling_blockchain_innovations_with_pegged
A criticism offered was that a full node and miners would have to keep track of every single blockchain. How will each node on different blockchains "keep up" with other blockchains?
Thanks, very excited about the potential of this!
Thanks. Interesting perspective.
Miners aren't necessary in a PoS blockchain.
As for the matter of having to keep track of every single blockchain, that's not really true.
- the issue is that you'd need a way to tell that the other party has paid you, and vice versa
- since you're not on the other chain, you can't tell whether the other party has paid.
- so a decentralised exchange service could, say, set up an atomic group_sig (m-of-m) transaction between buyer and seller, and the two payments would happen as one indivisible contract.
- the chain that the exchange is built on would record this (this chain need not even be the chain of one of the coins in the tx)
- and your wallet would track this chain.
Done (hypothetically. I'm just riffing here; haven't heard from the devs yet).
October 22, 2014, 05:19:40 PM
I mentioned the blocknet as a proposed alternative to "pegged sidechains" for bitcoin on a reddit thread.
http://www.reddit.com/r/Bitcoin/comments/2k070h/enabling_blockchain_innovations_with_pegged
A criticism offered was that a full node and miners would have to keep track of every single blockchain. How will each node on different blockchains "keep up" with other blockchains?
Thanks, very excited about the potential of this!
http://www.reddit.com/r/Bitcoin/comments/2k070h/enabling_blockchain_innovations_with_pegged
A criticism offered was that a full node and miners would have to keep track of every single blockchain. How will each node on different blockchains "keep up" with other blockchains?
Thanks, very excited about the potential of this!
October 22, 2014, 05:00:13 PM
- We're paying developers with them. This doesn't require selling them, it just requires paying developers with them. <---doesn't say the dev's are not dumping!
I think we're using a different definition of the term "dumping".
It's an emotive term generally used to describe selling a large amount - at the very least enough to depress the price.
Individual devs selling coins will not do that. They'd just "sell", not "dump".
Or they'd just *use* their coins through the Blocknet to pay for stuff. No dumping there under any definition.
October 22, 2014, 04:48:13 PM
CoinGateway will handle the majority of coins.
So does this mean if we buy blocknet with XC on coingateway, that coingateway then DUMPS the XC into the market and the XC price crashes??How is the XC exchange rate calculated?
?No.
The Blocknet Foundation keeps the coins to fund development.
No coins are dumped. This is in the FAQ under the OP.
They will not be sold off at all.
They will be used to pay for development.
We're looking at ways to hold the coins in escrow, though trusted third parties seem a little thin on the ground. Check out the FAQ below the OP for more info on how we'll handle the funds.
Isnt that a contradiction?
If you hold the coins how can you pay devolopment?
Btw. will all code regarding blocknet be open source?
Because as far as i see XCurrency is closed source?
From what I've read the XBridge tech will be open sourced.
Yes the XBridge protocol will be open source.
As for selling off coins: it's not a contradiction.
- We're not selling off coins
- We're paying developers with them. This doesn't require selling them, it just requires paying developers with them. <---doesn't say the dev's are not dumping!
So we're not selling off coins. There will be no dumping of coins.
October 22, 2014, 04:00:03 PM
supernet trolls coming here to advertise their project.
gotta love competition, especially when they fear you.
gotta love competition, especially when they fear you.
October 22, 2014, 03:46:40 PM
How do we use Coingateway? Never used it. Do we choose the spend tab or exchange tab?
https://www.coingateway.net/index.php#
https://www.coingateway.net/index.php#
There'll be a custom page for the ITO.
We'll keep you posted on the details.
October 22, 2014, 03:41:10 PM
How do we use Coingateway? Never used it. Do we choose the spend tab or exchange tab?
https://www.coingateway.net/index.php#
https://www.coingateway.net/index.php#
October 22, 2014, 03:37:01 PM
Ha ha. This is awesome.
Blocknet: "the Mega Man of altcoins" - Coin Telegraph
Blocknet: "the Mega Man of altcoins" - Coin Telegraph
October 22, 2014, 03:30:10 PM
Are we able to sell the tokens for BTC after the sale is over?
Yup. At Bittrex, Poloniex, Bter, and Coingateway.
The BTC:BLOCK pairing will continue until tokens are redeemable for NHZ assets (when fee payouts begin).
October 22, 2014, 03:25:31 PM
CoinGateway will handle the majority of coins.
So does this mean if we buy blocknet with XC on coingateway, that coingateway then DUMPS the XC into the market and the XC price crashes??How is the XC exchange rate calculated?
?No.
The Blocknet Foundation keeps the coins to fund development.
No coins are dumped. This is in the FAQ under the OP.
They will not be sold off at all.
They will be used to pay for development.
We're looking at ways to hold the coins in escrow, though trusted third parties seem a little thin on the ground. Check out the FAQ below the OP for more info on how we'll handle the funds.
Isnt that a contradiction?
If you hold the coins how can you pay devolopment?
Btw. will all code regarding blocknet be open source?
Because as far as i see XCurrency is closed source?
From what I've read the XBridge tech will be open sourced.
Yes the XBridge protocol will be open source.
As for selling off coins: it's not a contradiction.
- We're not selling off coins
- We're paying developers with them. This doesn't require selling them, it just requires paying developers with them.
So we're not selling off coins. There will be no dumping of coins.
yeah i though so, that would make sense - even though i guess that the coins will be sold in the end to get money in.
(im not talking about dumping, just a legit question what will happen with the coins)
October 22, 2014, 03:23:15 PM
Are we able to sell the tokens for BTC after the sale is over?
October 22, 2014, 03:13:49 PM
CoinGateway will handle the majority of coins.
So does this mean if we buy blocknet with XC on coingateway, that coingateway then DUMPS the XC into the market and the XC price crashes??How is the XC exchange rate calculated?
?No.
The Blocknet Foundation keeps the coins to fund development.
No coins are dumped. This is in the FAQ under the OP.
They will not be sold off at all.
They will be used to pay for development.
We're looking at ways to hold the coins in escrow, though trusted third parties seem a little thin on the ground. Check out the FAQ below the OP for more info on how we'll handle the funds.
Isnt that a contradiction?
If you hold the coins how can you pay devolopment?
Btw. will all code regarding blocknet be open source?
Because as far as i see XCurrency is closed source?
From what I've read the XBridge tech will be open sourced.
Yes the XBridge protocol will be open source.
As for selling off coins: it's not a contradiction.
- We're not selling off coins
- We're paying developers with them. This doesn't require selling them, it just requires paying developers with them.
So we're not selling off coins. There will be no dumping of coins.
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