Apologies to everyone whose posts are about to get deleted for containing LeeWilson's posts in them.

It's not you.

On the other hand, you shouldn't quote abusive posts, or FUD, or belligerence.

LeeWilson, you're banned.

Don't post here again.

I imagine so. This idea is irresistible and we have the team to really nail it down.

But disappointment and the effort to try again might both loom large. It's been incredibly taxing to live through the past week.

We haven't decided yet. Pretty soon though.

We've contacted them and have not heard back yet.

Trading should be enabled, since the ITO ended 6 hours ago.

I'll keep you posted on this.

Cryptodevil: no old FUD please.

Jasinlee is not an XC developer.

(And, as it happens, he never worked on XC's code in any respect.)

I haven't kept abreast of that discussion. Too busy writing press releases and dealing with fud. :-)

But we haven't formalised the Foundation yet, so I'm guessing it'll be over a week before we're in a position to consider adding new coins.

Hey Illodin

You should quote the conversation we had earlier about slippage. There were some relevant remarks. I don't think it presents an issue.

Anonymity sets: in some cases I agree that this will be a challenge. But since the XBridge is end-to-end encrypted and because inter-blockchain communication either isn't stored on a blockchain or, if it is, it can itself be anonymised, I don't see a general or a significant issue here either.

But of course the details are what count. Are you a dev? Would you consider getting involved?

Speaking of reasons to celebrate the Blocknet, this article came out this morning:

http://altcoinspeculation.com/blocknet-accountability-information/

Reposting so everyone knows about this:


Introducing LuckyAlt's Blocknet Explorer


http://explorer.luckyalt.com:3006/

I don't have access to figures at the moment but here's my rough estimate:


Bittrex ~420

Bter: ~113

Polo: ~23

Polo (NHZ): ~34

Alts: ~500

Total: between 1000 and 1100 BTC.

- minus whatever is sold into the Bittrex buy wall of course.

Yes, lots have. I get a lot of PMs. :-)

Once the Foundation's Board is in place, we'll establish procedures for ratifying coins. We'll also publish a  schedule of regular meetings, at which coins can propose to develop Blocknet-relevant technology and apply for funding.

At this stage, we'll be in a position to consider adding new coins to the Blocknet. May there be many!

Update: We've just heard from them. They're disabling it now.

Just thought I'd repost this so everyone's in the loop.

Click to download.

Oddly enough there appears to 179858.80996516 BLOCK LEFT at coingateway.

Has anyone bought recently?

We've reached out to the CoinGateway team but have not received a reply yet.

I understand that you don't think it's professional, buy what is your reason for thinking this?

I mean, the whole enterprise of an ITO is to market the Blocknet. It's marketing. Hence: "buy BLOCK!"

This entire thread is just one long (and contested) conversation about the importance of creating the Blocknet.

I don't have exact figures, but I can confirm that the total amount raised was in the region of 1000 BTC.

This means that if 150 BTC is sold at Bittrex, the launch fails.

Hence my encouragement to all supporters of the Blocknet to put up buy walls above the Bittrex one.

Well qawzsx, explain why you think I'm being "unprofessional" and I'll be happy to listen.

My personal take is that this is a community that cares about the Blocknet, and that it's not only admissible, but appropriate, to talk about how best to enable the Blocknet to launch.

The minimum required funds includes the value of altcoins used.

Their value in BTC is calculated at the price they were traded at.