It's kinda ironic that we even need to discuss this, as the need for centralized exchanges is slowly fading away, day by day. The demand for DEX's is increasing, and fast. Sure I understand the sceptics out there, but let's face it. It's gonna happen slowly, but surely.

Most people are SICK and tired of KYC, exchange hacks, wallet maintenances at the worst possible times, and the list goes on and on.

Blocknet is leading the DEX development, and is a project I'm personally watching very closely. https://blockdx.com/

It makes me sick, that these centralized exchanges could at any time run away with everyones money, under the disguise of being "hacked". 

Blocknet is a project that shouldn't be ignored either. Seriously. 

1) First project to launch a truly decentralized exchange (DEX). https://blockdx.com/

2) Decentralized Oracles through their XRouter, which is ran by service nodes on their network. This allows for interoperability between blockchains and real world applications.

3) XCloud is a decentralized microservice cloud network powered by XRouter that allows for interaction with microservices, blockchains, APIs, and cloud tech that's hosted by Service Nodes. Developers will be able to put both blockchain and non-blockchain microservices on Blocknet’s “public cloud” decentralized network. This allows applications to run entirely decentralized, opening the door to the possibility of monetizable, fully decentralized applications.

What is everyones thoughts on Blocknet?

With this full blown bear market, it's hard to know exactly what to look for, especially if you go down past the top 50 on Coinmarketcap.

Over the last quarter of 2019, moving into 2020 we've seen TONS of exchange hacks, exit scams, and straight up fraud, due to centralization. It's really no wonder why people seem to be so interested in decentralized trading, Dapps, and other solutions with 0 middlemen in between.

Blocknet is interesting, because they are first movers on the DEX front. (Actually running a 4th gen DEX), they constantly work on it, and I think it's safe to assume that most people KNOW about this project already.

What a LOT of people don't realize (myself included, until recently) is that they are working on a decentralized oracle service, called "Xrouter", which will basically be run by service nodes. You'll be able to connect blockchain, and real world data straight through the network, and to my surprise you can already test this on their official discord server.

This project screams decentralization, everything is voted for (including development plans), fair launch, and best of all? It's not an ERC20 token, which is a huge advantage, since it means they don't rely on any other chain (Like Chainlink does with ETH).

You'll be able to profit from: Staking, Service node rewards, Trading fees, Oracle fees and the list goes on and on.

With all the recent talk about decentralization, this project is definitely one to keep an eye on. No question about it!

My prediction is that decentralized project will reach new ATH's based on the fact, that we've seen SO many hacks on centralized solutions (exchanges, premined projects => ERC20 tokens etc.)

The biggest problem with decentralized Dapps, DEX's etc is ease of use, and adoption, but there is no doubt that it's the future, since a LOT of people want to hide their trading history from the governments, for obvious reasons.

Blocknet is a good contender, and a project I predict will do extremely well, not only because of their DEX, but also because they do decentralized oracles. Read up on their Xrouter, Xbridge, and Xcloud, which is hardly mentioned anywhere.

Transaction speed, ease of use, and a few other things is the main reason DEX's isn't mainstream just yet. Blocknet is releasing a multi currency wallet, making trading way easier for anyone wishing to try it out though, so "ease of use" is hopefully soon covered.

I've seen people talk about lack of FIAT on/off ramps, but ideally you can use a stable coin to get your crypto out in $$$.

What do you guys think? At the end of 2019, we've seen TONS of exchange hacks, and TONS of discussions on true decentralization, and it's advantages moving forward.

We've seen exchanges adding "staking support", making everyone not knowing the dangers of centralized exchanges victims of future exchange hacks.

Moving forward, I believe projects working to eliminate the  "middleman", making truly decentralized solutions and user friendly platforms to be  the best performers.

Blocknet is a good and promising project I've discovered lately, their DEX looks real promising: https://blockdx.com/, but their Xrouter which will solve the oracle problem is interesting as well.

There are tons of projects out there, this is just an example of a project that's worth following, imho 

Happy New Year!!

The majority here will most likely call out BTC as the one and only true king to invest in right now, due to it's upcoming block halving, BUT the BTC dominance chart is at an all time high, just waiting for our precious altcoins to regain dominance.
The smart move is to move BTC into ALTS, but not any alts.

Forget all these ERC20 tokens, IEO's, ICO's etc. Centralized projects, including exchanges is hacked on the daily, so it's not worth it.

I believe decentralization will be the next big thing in 2020, so the obvious move is to accumulate projects such as Blocknet, and other projects revolved around decentralized trading.

It's SO easy to fool everyone involved with crypto, since the majority of people don't know jack about the underlying tech. It's the same when people talk about decentralized exchanges (DEX's).

It's kinda funny that nobody seems to understand that a REAL DEX, cannot enforce KYC. Doesn't use accounts, doesn't require your phone number, or any personal details at all.
Binance, Waves, Bisq, IDEX, and many others ISN'T truly decentralized, so it's really no wonder that scammers have it so easily in the crypto space.
The only real DEX on the market, is still Blocknet.. 

Been in this game since 2012, and if there's ONE thing I've learned over the past few years, it's that you BEAT this market, by predicting the future.

I own 10+ BTC, and a bunch of ETH for the long term - Most people will probably disagree with me, but the right move right now is to move into altcoins, which has been bleeding for the past 18 months+

Decentralization is one of the MOST discussed topics as of lately, and it's really not surprising with all these centralized exchange hacks as we've see lately.

The next big thing is Decentralized Exchanges , the thing is though, that 90% of the "DEX's" out there is FAKE, enforcing KYC, accounts, personal data, etc. A real DEX can't enforce KYC, since it's owned by nobody.

With adoption of the blockchain worldwide, governments will try to control everything, which is why a LOT of people is speculating in this (Myself included). I predict that once people move on to DEX's and we get some proper liquidity, you can make a KILLING by running a node on a DEX. .

Blocknet, is a good example of a real decentralized exchange, that if you own a service node (5000 coins required) you'll be able to profit from their DEX. More over, their Xrouter services (basically solving the Oracle problem, like Chainlink) will be another source of income on top of it all, not to mention staking rewards.

You can read more about the BLOCKDX here: https://blockdx.com/

I'm constantly watching the market, and will invest in anything with a similar structure.

I've been profitting pretty well from ICO´s in 2017, but don't believe we'll see that kind of hype again, I could be wrong though, we'll see 

Top 10-20 is the "safe" bets, but they most likely wont be the best performing alts out there. The bigger the risk, the bigger the reward. 

Once BTC breaks its ATH, it's gonna make people FOMO into the market again, which will create an even bigger "bubble" than we saw in 2017. Sure Tether propped up BTC, but we've got way more stable coins this time around, so you could speculate the next run to be 5-10x as big as the last one.

I'm accumulating BLOCK, and ADA like a mad man, at these crazy low prices, ADA is a safe investment, and BLOCK the most undervalued, diversification is key here really.

The main difference is, that you don't need to have your PC open and running 24/7, which is pretty nice when you're on vacation, or just not at home. You'll save yourself a lot of electricity this way.

Blocknet is an interesting project, and one of the few masternode projects with an actual product, unlike the majority of masternode projects. 

Well, ERC20 tokens is centralized, and therefor way more volatile - Since they are 100% premined.

The good old projects such as Blocknet, is a good example of a decentralized project, STILL wanting to remain decentralized. Their DEX speaks for itself: https://blockdx.com/

More over, their Xrouter, which can handle billions of requests per day, will be able to solve the oracle problem as well. You can pull any blockchain data from the networks service nodes and use them however you want.

Decentralization is a beautiful thing. 

Another post asking for decentralization. Funny how everyone seems to LOVE decentralization. Masternodes is a good way to increase your BTC, but be careful. Don't invest in trash projects with no products, or roadmaps.

Blocknet is a good one, extremely undervalued because:

First and only REAL functional DEX on the market as of today. There's a lot of "DEX-like" projects out there, who isn't truly decentralized from a technical perspective. Including, but not limited to: Binance DEX, Waves DEX, Bisq, IDEX, etc.

Running a masternode (also called a Service node) on the Blocknet network, earns you the following:

Masternode block rewards
DEX trading fees (Which will increase exponentially over time)
Xrouter fees - The Xrouter solves the "Oracle problem", and connects blockchains, and real world applications. The network itself can handle billions of calls/day.

One of the most promising masternode projects, and with a good history behind it as well. Do your own research though

Devs own a HUGE part of the supply, which they will sell/give to corporations. Pretty much centralized, and frankly, that's not a good thing. Besides, an ERC20 tokens has it's limitations, scaling issues is MAJOR on Ethereum.
They should of have launched their mainnet on their OWN blockchain, but didn't.. I wonder why....

Blocknet has 100x the upside potential, and is decentralized. That's where I'm putting my money, even if it's "risky".

Don't really see much of a user case on LTC, besides being the "little brother" to BTC. It might be a good play, but it really didn't surprise me to see it fall, even after it's block halving.

As OP mentioned, I really believe Blocknet will be a major player in the future. No middleman when trading is very appealing, and protects you from all these scammy exchanges, getting hacked left and right. 

These days, all people care about is fast money and hype.

Back in the days, 2013-2014 premined coins was NOT popular, as Darkcoin (Now DASH) premined most of the supply, which made people FURIOUS. If you introduced and ICO back then, NOBODY would buy into the "scam". Kinda funny how people have changed, but it goes to show that crypto is no longer what it used to be, and it's no wonder why we see so many ICO projects fall like no tomorrow - Because they are CENTRALIZED from the very beginning.

People talk about "working products" as if it means all that much, if it did, there would be no way that Blocknet would have a marketcap below $5 mio. when you consider they run the ONLY real decentralized exchange in the world. - Don't be fooled by: Bisq, Waves, Binance, IDEX.. They all have some kind of centralized point of failure if you dig down on the way they run.
Not only that, but Blocknet solves the Oracle problem, using their Xrouter services. All you see these days is the hype around Chainlink.

There are literal vaporware scam ICO projets with nothing going for them in the $100 mio marketcap range, which is insane.

I can name so many good projects doing amazing things, but it doesn't seem like anyone cares. IEO's will be the new ICO madness without a doubt, for people to pump and dump on each other.. 

Gold and Bitcoin can't really be compared, since the price of Gold is manipulated through ETF's. Also called "paper-gold", which if you wanted to redeem all that paper gold, you wouldn't be able to, since there is 10x the supply of paper-gold to real gold.

Bitcoin on the other hand ISN'T centralized and manipulated in the same way, and it's way more deflationary than gold, hence why it has performed way better the recent years (even though it's been way more volatile).

With Decentralized Exchanges such as Blocknet, making BTC trading viable for anyone with an internet connection, with no need for KYC, or any regulation attached at all, it becomes way more liquid and useable for consumers. Bitcoin is without a doubt the better investment long term, as you can't really go down to you local mall and spend your gold coins.

It's not a coincidence, that Turkey is THE country who is using cryptocurrencies the most, a country who believes in gold, and has been for MANY years, but who made a radical shift towards Bitcoin and cryptocurrencies.

I really don't see the point in decentralized educations, not yet anyway. We don't even have any decentralized exchanges yet, besides Blocknet. Makes me laugh seeing exchanges like: Bisq, Idex, Binance, Waves etc. claiming to be decentralized, when really they aren't.

It's really fascinating though, that so many people around the world seems to care THAT much about centralization, as it's often NOT a good thing for our society, due to bad actors involved.

If you look at straight up TECH. Blocknet is a good pick, considering it's one of the ONLY truly decentralized DEX's out there. Komodos AtomicDEX which have gotten a lot of attention really doesn't even compare, so it's kind of ironic that Komodo's marketcap is SO much bigger than Blocknet's.

Komodo doesn't even seem that decentralized when you look at it:

Komodo's AtomicDEX Exchange Runs a P2P Full Node in Your Web Browser
Whose full node..?  Who's validating the tx's being created in swaps on the respective chains?  A centralized server?

Visit a URL and log into an account
And this is decentralized...?

Undoubtedly the industry leader
I can guarantee everyone here + in KMD that they are most certainly not industry leaders in the category of the most decentralized exchange

3,500 testers
To my knowledge it was 3500 trades attempted, 150 of which were successful

Firm runs multiple servers
So a single "firm" is running all of these "servers"...?  I'd much rather have a decentralized network of hundreds of service nodes running servers vs 1 party.
.. or the option of running your own full node.

A swap between two chains actually takes place between those two chains — and not between proxy tokens and other “intermediate” layers. [...] We firmly state that no other DEX comes close.
Erm, Blocknet does (and we do it the right way  )

Komodo's Marketcap: $77 mio
Blocknet's Marketcap: $4 million

If Blocknet reaches Komodos marketcap (and it will, trust me) you're looking at: 19X'ing your money, and that's in a bear market. 

I'm pretty sure you can't make any solution like that, without having some sort of centralized point of failure.