How does blocknet compare to supernet? What makes it better?
Blocknet vs the SuperNET
Blocknet and the SuperNET are similar in various ways, most clearly in their mission to decentralized crypto currency exchanges, while uniting the relentless innovations of altcoins and 2.0 platforms. However they do differ in various ways, most noticeably in their approach to funding and delivering decentralized blockchain to blockchain interactivity.
Unlike the SuperNET, who uses the Multigateway (MGW) as a decentralized clearing house model to enable exponentially more secure exchange between coins, Blocknet seeks to enable exchange of coins at a pure P2P level.
In theory, Blocknet’s approach will be more decentralized than MGW is today, which rest on 2-of-3 multisignature decentralized servers, but does require users to trust their funds to the key holders such as the Vericoin, OpalCoin and Bitstar development teams.
However, as far as rubber hitting the road, it is no secret that the SuperNET is significantly ahead, recently releasing a new GUI, already allowing exchange between multiple coins, as well as releasing a teaser video of what they claim to be a pre-alpha version of the functioning Instant decentralized exchange.
Ultimately, when the Blocknet solves the problem of the P2P coin exchange, the SuperNET will have the option of integrating the open-source tech. Thus, perhaps a partnership between Blocknet and the Supernet could be in the cards in the future.
