Blocknet - Polo, Kraken, Bitfinex killer

[barbierir]

Blocknet is the only fully trustless cross blockchain exchange that is working.

Small correction: maybe it's the second one. Supernet has been working for months at command line level. If next Agama wallet release is stable, the Dex will be added and the atomic swaps will have a GUI in the wallet by this summer.

Anyway good luck with your project!

[thew3apon]

poloniex was very moving because recently you will not receive another coin .

[denam]

I have set my buy orders taking advantage of the weak hands or profit takers who want to switch to bitcoin temporary. I have little more to get and 5000 Blocks will be sitting in my wallet ready to run a node. Till now I succeeded to buy under 100k satoshi and hopefully will get remaining as well. Blocknet's Dx will be truly so it will see adaption at large scale.

[dzimbeck]

I know two decentralized exchanges that are working on is DEX in counterparty wallet. Other is https://bitsquare.io/

But reality people still loves to trade on centralised exchanges. It will take some time to switch mentality to decentralised ones.

BitSquare is NOT DECENTRALIZED! I'm really getting tired of people saying that. They use 2 of 3 key system which is just arbitration. As they are the arbiter that allows them to collude as buyer or seller and steal escrows. Also if they get hacked someone can double spend because they would hold escrow key.

There is no decentralized exchange yet. Even BitShares uses gateways and market pegs. Not decentralized either.

Blocknet by doing atomic trade will certainly be a decentralized exchange because no trust is need to perform a trade. Let's hope they keep up the good work.

[Praxis]

Is it possible to run a node for the dx already now or is that still in test phase?

[TronQuix]

If any of these currencies become regulated in any way, doesn't all of these exchanges become meaningless? 

[truxton]

Is it possible to run a node for the dx already now or is that still in test phase?

You can run a node but I think it will be on the testnet until the hard fork in a few weeks.  Good time to practice!

[truxton]

BLOCK JUST BROKE $3.00

[Zenoru]

If any of these currencies become regulated in any way, doesn't all of these exchanges become meaningless?  

On the contrary, the possibility of heavy regulation actually helps makes a case for decentralized exchanges. For such decentralized exchanges, it is always possible to trade (as long as there are buyers and sellers) even if centralized exchanges become regulated and cannot serve users and/or inhibits trading various currencies (e.g Bitcoin withdrawals banned in Chinese exchanges). I was personally affected because centralized exchanges such as Poloniex/Kraken stopped serving Washington state users.

Just that point alone is why we would want such a decentralized exchange.

Honestly this feels as important a use case as Monero's (or other anon coins) - and look where Monero is now. Monero gave financial privacy to its users. Blocknet will give back financial control from the centralized exchanges to the user. Plus, it also allows interaction between different blockchains that each serve a different need.

With the rapid growth in cryptocurrency this year, it's not hard to put 2 and 2 together and see out that Blocknet (and other similar projects) is the next big step. I believe in Blocknet because it seems to be the most advanced so far.

[sezyumx]

Hopefully poloniex or kraken accepts . Rooted and it's a solid project .

[adroitful_one]

This is my first time hearing about this project. I'm really glad I stumbled across this thread. I'm probably going to end up picking me up a bit. I could see this hitting $5 or so fairly quickly. We'll just have to see though

[fookie]

What's so special about comparing BTS's decentralized exchanges and blocknet?

[landwind]

where can i get blocks?

[Zenoru]

where can i get blocks?

Right now Bittrex only, but hopefully more exchanges in the future (looking at the obvious choice, the blocknet exchange)

[eaLiTy]

where can i get blocks?

Right now Bittrex only, but hopefully more exchanges in the future (looking at the obvious choice, the blocknet exchange)

I am hearing about this project now and they have already released their tokens but on checking their social network platform it says that the documentation of our technology is underway ,so i am a bit confused and what is the status of the project,is it still under development as the site says you can download the interim wallet,is it the platform or the wallet for the tokens.

[Zenoru]

What's so special about comparing BTS's decentralized exchanges and blocknet?

On Bitshares DX you are only trading and IOU representing an asset. There are some liquidity issues (bitBTC trade volume is not that much. Not completely trustless as you have to trust whoever holds those assets don't default.

On Blocknet DX you trade the actual asset. This has higher technical requirements (you currently need to be running full nodes to trade. But it should be much better once we can use SPV wallets (lite wallets)). You are in complete control of your coins; it is fully trustless.

For me Blocknet is definitely better tech from the decentralization standpoint (kinda a core tenet of cryptocurrencies in my opinion), but could be less user friendly for now. I believe Blocknet is still highly undervalued.

[kellrobinson]

Wallets for osx and windows only.  They need to build a linux wallet, fo shizzle.

[Lagduf]

where can i get blocks?

Right now Bittrex only, but hopefully more exchanges in the future (looking at the obvious choice, the blocknet exchange)

more development and more exchange will add it.. But you can pay some btc tp get listed on yobit.... Its good for blocknet 

[puremage111]

Block is something huge as i read from most people

Due to its cross blockchain decentralised exchange

With such a low amount of supply

<10M vs Ethereum >100M

The price could just rocket once everything is done include the platform

[truxton]

$3.70 right now