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Topic: Comparing Chainlinks Oracles With Blocknet's Xrouter. - page 2. (Read 311 times)

legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
Blocknet does have alot, its really curious that its not bigger, hmmm
in the end i think the majority of crypto users dont give a fuk, plain and simple.
They are here to make money, and how or why or what project does it with what tech, most dont care about all that
alot of people are also BTC maximalists, they only see alts as a way to make more BTC, so theres that too : /
in 20 years we will see what happens, tho imo, we should watch for the big places (the ones making the actual blockchain patents yearly) to bring services that make waves
will BTC just have all these features? or will a single alt do it? or many?

Well I kind of agree.
The hype around Chainlink has been massive. Hype means it's easier to get recognized, and form partnerships I guess. Don't see any reason as to why Chainlink is 200x the marketcap of BLOCK.

With Blocknet's Xrouter you'll be able to connect to virtually anything, not just blockchains, but real world applications as well.
Blocknet has non-spv calls that can be used to connect to any off-chain service. These services can be things you run yourself (your own custom code) or you can just point to existing services. For instance, if I wanted to I could monetize coinmarketcaps API. You could make it available for devs to use that API and make payments in crypto, not having to worry at all about the hurdles that come with fiat payments.

can you tell me what kind of real world applications? AFAIK, xrouter is working on out of the box. But I still doubt about that because what i know about xrouter is to build the interchain connection.
The hype of chainlink is very massive and people are always talking positively about chainlink anytime. I'm also joining in the chainlink TG group and that sounds like chainlink is getting a very big hype.
It's very ambitious project, that's why it was getting 200x.
member
Activity: 406
Merit: 10
Blocknet does have alot, its really curious that its not bigger, hmmm
in the end i think the majority of crypto users dont give a fuk, plain and simple.
They are here to make money, and how or why or what project does it with what tech, most dont care about all that
alot of people are also BTC maximalists, they only see alts as a way to make more BTC, so theres that too : /
in 20 years we will see what happens, tho imo, we should watch for the big places (the ones making the actual blockchain patents yearly) to bring services that make waves
will BTC just have all these features? or will a single alt do it? or many?

Well I kind of agree.
The hype around Chainlink has been massive. Hype means it's easier to get recognized, and form partnerships I guess. Don't see any reason as to why Chainlink is 200x the marketcap of BLOCK.

With Blocknet's Xrouter you'll be able to connect to virtually anything, not just blockchains, but real world applications as well.
Blocknet has non-spv calls that can be used to connect to any off-chain service. These services can be things you run yourself (your own custom code) or you can just point to existing services. For instance, if I wanted to I could monetize coinmarketcaps API. You could make it available for devs to use that API and make payments in crypto, not having to worry at all about the hurdles that come with fiat payments.
legendary
Activity: 1820
Merit: 1092
~Full-Time Minter since 2016~
Blocknet does have alot, its really curious that its not bigger, hmmm
in the end i think the majority of crypto users dont give a fuk, plain and simple.
They are here to make money, and how or why or what project does it with what tech, most dont care about all that
alot of people are also BTC maximalists, they only see alts as a way to make more BTC, so theres that too : /
in 20 years we will see what happens, tho imo, we should watch for the big places (the ones making the actual blockchain patents yearly) to bring services that make waves
will BTC just have all these features? or will a single alt do it? or many?
member
Activity: 406
Merit: 10
Blocknet - The Internet Of Blockchains


I recently digged deep into this project, since I got extremely interested in DEX's since they seem to be on everyones agenda lately. To my surprise I discovered that Blocknet is WAY more than just a simple "DEX".
Their Xrouter is what caught my interest:

Blocknet's XRouter which makes it possible to build decentralized apps using features from any public or private blockchain, which will serve as the foundation for multi-blockchain architectures and the “Internet of Blockchains”. XRouter was designed from the ground up to provide interoperability with ANY and ALL blockchains.

Sounds familiar doesn't it? Sounds a LOT like Chainlink. You can read more about it here: https://blocknet.co/xrouter-missing-link-between-all-blockchains/

When comparing Blocknet's Xrouter to Chainlinks Oracles an interesting thing caught my attention:

The XRouter can serve billions of requests per day like Infura (who is doing over 20 billion/day). If each call averages out to about 0.001 BLOCK/call, then that's about $1,000,000 going to the active service nodes. If 100 is running it equals to $10,000/day per service node that the XRouter pulls in based off a tiny 0.001 BLOCK call at $0.70.

LINK charges 0.1 LINK/call which is 0.23 cents, which is quite expensive compared to Blocknet's Xrouter


I'm not saying LINK is a trash project, but it sure seems hyped up when you've got a project doing the exact same thing in a far more decentralized fashion with a 1/200 of the marketcap, while having the first working DEX running at the same time.


What are you guys thoughts about this? I'd love to know, because honestly? Blocknet seems to be extremely undervalued in this case, when it actually seems to be a superior solution, which is MUCH cheaper to use for everyone.

Overall, I don't understand how a project that has built this much from the ground up is ranked as low as it is. Sure they don't do aggressive marketing like Justin Sun, or Sergey, but their tech is mind blowing if you dig down and actually understand it's use cases.
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