The delay is not Dan's fault.

We have been watching this project very closely over the last several years since the days of Horizon Platform.
Very exciting developments we are definitely going to be picking up a lot of these in the near future!

Oh no not again. Truxton....lijoe408 never mentioned anything about downloading ENTIRE BLOCKCHAINS. Yes we are all aware someday you'll tackle spv and you won't have to wait days while each blockchain is synced but that's beside the point. What he was bringing up, and which several others have brought up, is the fact that users will still have to download the wallets (NOT entire blockchains) of each coin they want to trade which will be a royal pain in the butt and a big turn off for any user looking to use blocknet. Crypto is complicated enough as it is, users want straight forward and easy to use tech. Ya we know blocknet is safer but if it isn't as user friendly as centralized exchanges it's got a tough road ahead of it.

You know why I mentioned you? Because I mentioned everyone I could in my paper, around 20 projects. I've spent a lot of time researching decentralized exchanges, reading their white papers, talking to developers and so on.

I didn't want to tell it here initially, but I went to your Slack as well and in the first minutes I've discovered a security problem which has sparked a conversation that spanned days, and your CTO (or the main programmer or whatever) invited me to be your security advisor due to it, admitting there are not enough people vetting your stuff. So that's what you call "working product"? No white paper, no code review, no UI, no roadmap with dates. I know exactly what stage you are in.

Please don't take it personally. I publish research results on every product in this segment, and you were one of the best, until you started attacking us here.

So pointing out outright lies of other projects like Waves DEX and InstantDEX is cheap?

Regarding Blocknet (are you one of them too?) it was just a passing remark, and it was a positive one, comparing to others. They invaded this thread, not me - theirs.

Bye.

Oh I had a hunch that you're from Blocknet side as well. Please read the reply to stormingj above.

I said I don't have any problem with Blocknet (which in theory should be what it is when it's actually released), except timing. If you release "trustless, decentralized and atomic swap" before us and develop a UI and finally publish the white paper and get its security reviewed and widely used and stuff - good luck. But I suspect we might have to wait for 2050 with your speed.

is Tomorrow Exchange exchange centralized or decentralized project ? where it was registered ? need to go public for long time before earning traders trust .

There is always some level of trust when it comes to crypto, even when someone tells you otherwise (do you trust him on that?)

Our job is to minimize that trust to the minimum level possible.

We bash other projects because they're outright lying about being trustless and decentralized.

We say up-front that's not the case with us. Can you find any statements that we're "trustless and decentralized"?

But we also explain that the trust is minimized and it's much less than the one required on current centralized exchanges.

If you're still not okay with that, well, do you know any real DEX I can use right now? That's the point.

Exactly. The coins are sent to our nodes to perform the exchange. But even this situation is better than the order on the centralized exchange.

For each order, you get a cryptographically signed guarantee before sending anything to the nodes. It ensures that your money will not just disappear, and that we cannot just change your order willy-nilly, for example, to get you the price worse than you asked for, stealing the difference.

So, at each point in time, both passive and active funds are accounted for. Passive (not on the orders) is safe on your computer, and for active (on the orders) you get a crypto guarantee.

So only money on the orders is at risk, but:

1) Users can hold us accountable, because they know and can prove exactly how much they've sent (if you have an insured centralized exchange, you can't provably claim your money, you have to trust their compromised database);
2) In the next versions we plan to only keep the top of the orders, not the whole order book;
3) We have more ideas on security that we are testing right now.

But even the current setup is already much safer than centralized exchanges.

Thx cryptoxman:*is it worth staking 100 block?

When staking blocknet, do i need to keep wallet on at all times? Thx.

Planning to buy $500 worth of BLOCKNET? should i wait for price to go down to buy or should I just buy at the current price??? any opinion???

This is not true.  The slow dump started about an hour before.

Deadlines are not efficient because of the unnecessary pressure and this can sometimes compromise the work and the code and so on.  With groundbreaking tech such as The Blocknet, the correct amount of time needs to be taken.  The 10 year comment I feel is an unnecessary knee jerk.  No one thinks its going to take 10 years!     The devs have already delivered amazing tech.  Have a little faith and patience. All the best.    

55K is expensive as it is.  Very few people entering from this point will commit 50k+ to owning a Node for a coin with a marketcap at this level.  The result will be not that many nodes.  The Node/Total supply ratio seems unbalanced.

Consider Dash has 20M supply and requires 1K coins to run a masternode.  Blocknet has 4M Supply and requires 5K coins to run a masternode.  Dash currently has thousands of masternodes running.  If you locked up half the supply of Blocknet, it's not enough for even 500 Nodes. 

The result of all this will be that the network does not have many nodes.  I can't speak to whether this will have any effect on the network, so i'm interested to hear what a dev has to say about this.

The number of BLOCKNET DX participating coins is increasing day by day. I`m sure BLOCK`s price will easily reach 45-50 USD by the end of this year.

The price of a single Block was 10 cents for 2 years.  A node was cheap back then.   Many many people who purchased during this period have enough block to run nodes.

Can anyone filled me in on whether there were periods where development stalled? Was project recently revived at some point or did the devs take a break at some point?  I'm just asking b/c project has been around since 2014 and i'm curious as to why no whitepaper or roadmap was released?  Not trying to fud, i'm just wondering if someone could filled me in as i'm very interested in the project.

Service node is 5k block?

What's the utility/purpose of the Blocknet coin within the Blocknet decentralized exchange?

Been looking for documentation on this and haven't found any.

Thanks