TBH there needs to be incentive to get XC to buy blocknet shares.. I see that Dan is most likely leading the project
I can think of no greater incentive than it being Dan's vision, and it being an amazing idea with massive resources. But evidently some people seem not to think the same. Boggles my mind how that's possible, but hey. :-) |
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Watching.
I haven't had a chance yet to read the whole thread, but what will BlockNET's privacy protocol be?
Another bump. Also, how will you invest in third-party services without using ITO funds? Presumably it will require a revenue-share model? The Blocknet's privacy protocol... - The XBridge P2P protocol is based on XC's Xnode protocol, which is end-to-end encrypted and fully distributed. - The consensus protocol will initially be PoS. Later on, when we cross over to NHZ assets and the Blocknet tech launches, there's a chance the Blocknet will be blockchain-agnostic. Decentralised exchange services can be multiple, and could rely on any blockchain they're built on. So, for example: - Blocknet assets could depend on the NHZ blockchain - Exchange between coins could depend on whatever blockchain the exchange service you use is built on - The XBridge protocol simply ensures the security of the communication between nodes, and doesn't directly involve any one blockchain. Investment in third party services using ITO funds? Sounds like there'll need to be a low risk:reward ratio for that to be worth it. |
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Question:
1. Where will the coins be stored after ICO?
2. Who is managing the funds after the ICO?
3. Has every Coin the same Voting Rights for Decisions?
Thanks.
4. Moreover it would be cool to have a list of Coin Representatives (Main Dev of the Coins) so everyone could see there is POD! (I know it but other people don't maybe..)
still there. This. After the ITO, Blocknet tokens can initially be stored in a traditional wallet. Once the Blocknet's tech is ready, you'll be able to redeem tokens for NHZ assets instead. Funds raised during the ITO will be stored in their respective wallets and publicly accounted for. We're also looking into escrow solutions - potentially a structured escrow that only releases funds once we reach milestones, or returns funds to buyers if we do not reach a milestone. The Blocknet Foundation will manage the funds. (The Foundation will consist of a representative from each participating coin.) Yes I see no reason for any coin to have less rights than another. I like the Coin Representatives idea. Nice. We should organise that. |
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Aha :-). Yes there's a growing popular awareness of the need for privacy tech. We're going to tap into that big time. If i am right in the assumption that XC is the only anon concept that that serves as a continuance of bitcoins philosophy of decentralisation without any of the drawbacks like bloat. on chain anonymity. semi centralisation we should try to put that in an emotional appaeling catchphrase like you did with "internet of blockchains". community brainstorm anyone? people need to understand that if they wanna privatice their finances without giving up on bitcoins principles XC is the place to be. Yes if I'm not mistaken XC is the only privacy tech that is fully distributed and doesn't bloat. Friendly ways of capturing this? Great idea! Let's throw out suggestions folks. What about a simple table with coin privacy features down the rows, coins (XC, BTC, DRK etc) across the top, and simple ticks for each box ticked by each coin. One of the coins could be the Satoshi dream coin. That would be good. I've made a start to this a few times but every time I've had trouble coming up with a table that drew out the necessary subtleties. |
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What about a public announcement for a code Review proposal to satoshi himself!!!
He might take this into consideration if we can truly say that XC is his dreamed coin realized.
we could launch a paid campaign of articles in all the Crypto related journals about a public announcement for satoshi to review XC maybe after we got REV 3 released and bulletproofed and after main Crypto personalities reviewed already the code.
That's a great idea, especially if he turns up. |
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Aha :-). Yes there's a growing popular awareness of the need for privacy tech. We're going to tap into that big time. If i am right in the assumption that XC is the only anon concept that that serves as a continuance of bitcoins philosophy of decentralisation without any of the drawbacks like bloat. on chain anonymity. semi centralisation we should try to put that in an emotional appaeling catchphrase like you did with "internet of blockchains". community brainstorm anyone? people need to understand that if they wanna privatice their finances without giving up on bitcoins principles XC is the place to be. Yes if I'm not mistaken XC is the only privacy tech that is fully distributed and doesn't bloat. Friendly ways of capturing this? Great idea! Let's throw out suggestions folks. Hmm... privacy... distributed... on your mobile phone... payments and messaging... - Satoshi, Snowden, WikiLeaks, celebrity phone hacks, data mining, government spying... How about something like "privacy for the people"? "true privacy is here" "privacy is now mobile" "authority-free" payments/chat/cloud/whatever |
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wont buy blocknet ...
it sucks they make a new product ...
do they need money because xc does not get pumped?
No, the Blocknet's funds are not XC funds. XC does not get to spend the Blocknet's funds. Also XC is not responsible for coding the Blocknet, so we haven't "made a new product." They're separate projects. So you should buy XC and also buy Blocknet tokens. |
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Aha :-). Yes there's a growing popular awareness of the need for privacy tech. We're going to tap into that big time. If i am right in the assumption that XC is the only anon concept that that serves as a continuance of bitcoins philosophy of decentralisation without any of the drawbacks like bloat. on chain anonymity. semi centralisation we should try to put that in an emotional appaeling catchphrase like you did with "internet of blockchains". community brainstorm anyone? people need to understand that if they wanna privatice their finances without giving up on bitcoins principles XC is the place to be. Yes if I'm not mistaken XC is the only privacy tech that is fully distributed and doesn't bloat. Friendly ways of capturing this? Great idea! Let's throw out suggestions folks. |
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Will the ITO be available for purchase @ the NHZ asset exchange or only available on the exchnages mentioned before? If it will be available on the NHZ AE, will the 10% discount still apply? thanks
This is not confirmed yet, since people who buy at the asset exchange may have trouble trading their tokens against BTC at other exchanges. If tokens are available at the asset exchange, the 10% discount will apply. |
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^^ In how many days after ITO will the trading of Block/BTC begin?
The Block:BTC pairings will begin at the start of the ITO and will never stop. The ITO is just a sell wall on a pairing. So, once the ITO is sold out completely, you can start trading blocknet shares for BTC? Yup. This will continue at traditional exchanges until the Blocknet's tech is ready to pay fees to holders, at which point Blocknet tokens can be redeemed at the NHZ asset exchange. |
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Damn it I didnt catch the 70k price, I need more FIAT right now!!!  Because of the dump and general BTC crash (u get what I mean, even maybe poorly phrased), I believe its more than OK to convert FIAT to XC right now Yes this is one whopper of a smart buyer's market. BTC is largely confirmed (but not completely yet) to have commenced wave 5 of a large-scale 5-wave uptrend. XC is at a low price on the verge of releasing mobile apps. Where can I read/study about the "wave", or is it a purely personal estimate? There's an extended Elliot Wave-based analysis of Bitcoin by Venzen Khaosan at CCN, in the form of daily market analysis articles. |
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Hey, let's take a moment to get some perspective. Sometimes fudders can make it seem like XC is somehow lacking or in trouble, but that's a pure illusion. - XC's private payments and (non-group) XChat are working beautifully. - Nothing even remotely compares to XC's anon tech. - We're on the verge of XC Mobile! i have said for weeks now that this should be the core of the PR efforts. nothing will sell XC like its anonymity. which is the first and only that really carrys on with satoshis vision on all fronts while bringing full privacy. this will sell XC and i don't see the point in waiting forever to communicate not to experts but in simple words what is getting worked on here. you do the same with blocknet. the PR was easy to understand compared to the mesh net ones. it has an emotional catch phrase with "internet of blockchains". we need that for XCs privacy tec too. like "privacy the Satoshi way" but thats probably to abstract but somthing like that. i love the blocknet but it is to new to be the driving force here. people will have to learn that the blocknet is beneficial for xc by seeing first hand. You can repeat yourself millions of times the next weeks it won't matter. and please never use "enough said" again it sounds super arrogant even not intended. I apologise for coming across as arrogant with the words "enough said". It wasn't my intention. I simply wished to assert that I think a strong case for a given point is clear. Then on the topic of marketing, remember we're in agreement about the significance of XC's privacy tech, and also in agreement that it should be marketed in normal non-technical language. The consumer-marketing will begin when we have consumer products. It does not make sense to do so earlier than this, because people would just be attracted to something they can't use. yeah we are 100% on the same page regarding the consumer marketing then. i was under the false impression that the consumer marketing efforts will be more centred around the chat then the pricacy tech but if the private tx model of XC will experience the same non technical marketing thats exactly what i was hoping for. Aha :-). Yes there's a growing popular awareness of the need for privacy tech. We're going to tap into that big time. |
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Damn it I didnt catch the 70k price, I need more FIAT right now!!! Because of the dump and general BTC crash (u get what I mean, even maybe poorly phrased), I believe its more than OK to convert FIAT to XC right now Yes this is one whopper of a smart buyer's market. BTC is largely confirmed (but not completely yet) to have commenced wave 5 of a large-scale 5-wave uptrend. XC is at a low price on the verge of releasing mobile apps. |
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from a investor pow i'm glad that open sourcing later gives me the chance for higher ROI in case my trust in the team is right. nobody is forced to take that risk so i actually never understand that discussion anyway.
I think they're trying to argue (without any evidence) that the price is dropping because of XC being closed source. They hope to persuade us to go open source out of fear that the price will drop further. Personally I don't buy that for a moment. And from the past we're well aware of what happens when we open source our tech: it causes scams. |
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In other news...
The ITO will also be taking place on Bter!
Great! Will I be able to buy using the coins listed or does it have to be Bitcoin? You can buy Blocknet tokens using any participating coin. At Bter and Bittrex there will probably only be a BTC:BLOCK pairing. At Poloniex there will probably be a BTC:BLOCK and NHZ:BLOCK pairing. At CoinGateway all the other coins will be paired to BLOCK. After the ITO, only BTC:BLOCK pairings will be available (because it makes no sense for participating coins to trade against the Blocknet when they function to give value to the Blocknet). Any chance that Stealthcoin will be matched to BLOCK on Bittrex? Would really help me out lol! No, not that I'm aware of. |
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^^ In how many days after ITO will the trading of Block/BTC begin?
The Block:BTC pairings will begin at the start of the ITO and will never stop. The ITO is just a sell wall on a pairing. |
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Hey, let's take a moment to get some perspective. Sometimes fudders can make it seem like XC is somehow lacking or in trouble, but that's a pure illusion. - XC's private payments and (non-group) XChat are working beautifully. - Nothing even remotely compares to XC's anon tech. - We're on the verge of XC Mobile! i have said for weeks now that this should be the core of the PR efforts. nothing will sell XC like its anonymity. which is the first and only that really carrys on with satoshis vision on all fronts while bringing full privacy. this will sell XC and i don't see the point in waiting forever to communicate not to experts but in simple words what is getting worked on here. you do the same with blocknet. the PR was easy to understand compared to the mesh net ones. it has an emotional catch phrase with "internet of blockchains". we need that for XCs privacy tec too. like "privacy the Satoshi way" but thats probably to abstract but somthing like that. i love the blocknet but it is to new to be the driving force here. people will have to learn that the blocknet is beneficial for xc by seeing first hand. You can repeat yourself millions of times the next weeks it won't matter. and please never use "enough said" again it sounds super arrogant even not intended. I apologise for coming across as arrogant with the words "enough said". It wasn't my intention. I simply wished to assert that I think a strong case for a given point is clear. Then on the topic of marketing, remember we're in agreement about the significance of XC's privacy tech, and also in agreement that it should be marketed in normal non-technical language. The consumer-marketing will begin when we have consumer products. It does not make sense to do so earlier than this, because people would just be attracted to something they can't use. |
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In other news...
The ITO will also be taking place on Bter!
Great! Will I be able to buy using the coins listed or does it have to be Bitcoin? You can buy Blocknet tokens using any participating coin. At Bter and Bittrex there will probably only be a BTC:BLOCK pairing. At Poloniex there will probably be a BTC:BLOCK and NHZ:BLOCK pairing. At CoinGateway all the other coins will be paired to BLOCK. After the ITO, only BTC:BLOCK pairings will be available (because it makes no sense for participating coins to trade against the Blocknet when they function to give value to the Blocknet). |
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Unfortunately I've been seeing the whole "not open source? It's just vapor" thing popping up much more frequently. It seems no matter what kind of advances are being made people love to find some way to diminish them.
I agree - some people will not be able to appreciate a good thing when it's in front of them. But hey, this is Bitcointalk. There is no end of trolling. We've just got to ignore the rubbish. |
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Synechist in one post you say the blocknet is like internet in the other one you say it is not internet like realt internet...i'm still confused...
For something to be like something else is not for it to be the same as something else. Identity /= analogy. The Blocknet is the internet of blockchains. Therefore it functions like the internet and its utility derives from the same principles: openness, ease of access, efficient communication and retail... But this doesn't make the Blocknet the internet. The internet is still generalised, whereas the Blocknet is inter-blockchain connections. Make sense now? |
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