[ANN][Blocknet] truly decentralized exchange | token ecosystem infrastructure

[mind808crime]

how do i get an invite to Slack?

https://blocknet.herokuapp.com/

thanx!

[shogun47]

It's nice to see Blocknet doing well. Great job guys!

[sasha35625]

what's with the dump?

[synechist]

what's with the dump?

A single holder sold some BLOCK as a market order and then put up a sell wall yesterday at 0.00036, causing the price action.

I don't think anyone else was involved.

The sell wall was subsequently bought up.


The holder's actions were due to an argument in Slack yesterday. In my (subjective) opinion he sold in the heat of the moment, for emotional and personal reasons. These, explicitly, were to make his view heard in the market.
In my opinion, this was not a reasonable or responsible course of action, and I expect he sold at an unfavourably low price. But I certainly don't claim objectivity in assessing his actions. :-)

[MemoryShock]

what's with the dump?

A single holder sold some BLOCK as a market order and then put up a sell wall yesterday at 0.00036, causing the price action.

I don't think anyone else was involved.

The sell wall was subsequently bought up.


The holder's actions were due to an argument in Slack yesterday. In my (subjective) opinion he sold in the heat of the moment, for emotional and personal reasons. These, explicitly, were to make his view heard in the market.
In my opinion, this was not a reasonable or responsible course of action, and I expect he sold at an unfavourably low price. But I certainly don't claim objectivity in assessing his actions. :-)

I caught the alert when that happened and was pretty surprised...but saw it as opportunity.

[sasha35625]

Guys do you really partner up with Ethereum? Where can one read some more technical info about that?

[synechist]

Guys do you really partner up with Ethereum? Where can one read some more technical info about that?

Hey hey.

Yes, though it's not a partnership, but a collaborative and mutual enablement.

Specifically,
- we've incorporated Ethereum's script VM into the XBridge.
- and Ethereum is becoming Blocknet-enabled via the XBridge too.

Technical stuff: https://github.com/atcsecure?tab=repositories

Overview: http://blocknet.co/web-3-0-meets-the-internet-of-blockchains-ethereum-becomes-blocknet-enabled/


More questions? Feel free to ask. :-)

[synechist]

Breaking news.

Click for info.
http://1drv.ms/1C9FfbK

[cloudboy]

  yeah right

[truxton]

Not sure this is good publicity for any of the systems to be honest. 

https://www.youtube.com/watch?v=6LAQ3UHeoA0

In fact its embarrassing.

Galloway? Of all people?  This is not something to shout about IMO.  Do you guys even know the history of this guy?

[notsofast]

Not sure this is good publicity for any of the systems to be honest. 

https://www.youtube.com/watch?v=6LAQ3UHeoA0

In fact its embarrassing.

Galloway? Of all people?  This is not something to shout about IMO.  Do you guys even know the history of this guy?

You post a link from a heavily-edited, scripted "reality" show as your backup?!?

What matters is the useful new application of the technology. It has nothing to do with the partisan politics or moral character of the user.

[truxton]

Not sure this is good publicity for any of the systems to be honest.  

https://www.youtube.com/watch?v=6LAQ3UHeoA0

In fact its embarrassing.

Galloway? Of all people?  This is not something to shout about IMO.  Do you guys even know the history of this guy?

You post a link from a heavily-edited, scripted "reality" show as your backup?!?

What matters is the useful new application of the technology. It has nothing to do with the partisan politics or moral character of the user.

I agree with you to a certain extent but I am not sure what country you are from so don't know how much you know about him.  
Lets just say controversial would be an understatement.  
Yes, the tech is what is important here but the general average everyday Joe will only see Galloway and will not be able to see any further than that.
That is a fact.
I actually don't mind him myself but he is not the best person for this.  Weather you like it or not, using Galloway, politics and even more so, controversy, will always come with the Galloway.  To deny it is naive.

In the name of balance, here is another clip: https://www.youtube.com/watch?v=MRb1EN_Ag0c

[infinitechaos]

Every politician has dirty laundry.

No matter which politician may have chosen to apply blockchain tech in this way there would surely be someone saying the politician is corrupt in some fashion.

It's a good sign that the tech is finding its way into politics. Let's not focus on how or through who it is finding its way there. Ultimately the result of this tech being applied to government will be less corruption and more accountability.

[MemoryShock]

What matters is the useful new application of the technology. It has nothing to do with the partisan politics or moral character of the user.

I disagree greatly with this.  If it weren't for partisanship and moral character then there would be no need for anon coins or even BTC in the first place.

This community is moved a lot by people looking to make money and as such it is nice to see the tech in place but the need for this site is very much set in the fact that politics is a bunch of BS.

New faces and solid ideas in the future should this idea work out...we need to elect the internet rather than a career politician.

[MemoryShock]

Every politician has dirty laundry.

No matter which politician may have chosen to apply blockchain tech in this way there would surely be someone saying the politician is corrupt in some fashion.

It's a good sign that the tech is finding its way into politics. Let's not focus on how or through who it is finding its way there. Ultimately the result of this tech being applied to government will be less corruption and more accountability.

Could you possibly deflect any harder?

Socialist Galloway's "Mayorschain" has pork-laden taxpayer-cheating boondoggle written all over it.

Scammers of a feather scam together!

Pretty sure that socialist is not a dirty word anymore...

[MR1]

It`s awesome that Blocknet tech is applied in real life !

Keep progressing synechist !

[synechist]

Crypto Coins News covers it:

https://www.cryptocoinsnews.com/london-mayoral-candidate-george-galloway-calls-city-government-use-block-chain-public-accountability/

[synechist]

Coin Telegraph:

http://cointelegraph.com/news/114729/london-candidate-proposes-mayorschain-a-blockchain-created-to-throw-city-halls-books-wide-open

[notsofast]

What matters is the useful new application of the technology. It has nothing to do with the partisan politics or moral character of the user.

I disagree greatly with this.  If it weren't for partisanship and moral character then there would be no need for anon coins or even BTC in the first place.

This community is moved a lot by people looking to make money and as such it is nice to see the tech in place but the need for this site is very much set in the fact that politics is a bunch of BS.

New faces and solid ideas in the future should this idea work out...we need to elect the internet rather than a career politician.

My point was that we need new applications of working trustless systems, especially to complex subjective things like government. Trustless accounting and accountability, if applied properly, could remove the BS/politics from government. Or at least, the opportunity costs of all political jockeying, underhanded influence, war-chest building, and corruption might be foregone or mitigated, allowing many aspects of government to work more efficiently.

I'm no political scientist but I do know that there is an incredible social and economic cost to true democracy, and tying parts of its process to a working trustless system will bring down that cost.

In this particular case I'm sure this Galloway guy is using blockchain-supported governance primarily as a strategic campaigning point rather than out of any altruism. That's not unexpected, but I think the ends will justify the means. And I believe it will be very difficult to un-integrate a trustless system in any application, trustless or otherwise, due to the opportunity costs they save. He won't be able to unring that bell if indeed he does manage to ring it.

I agree with you in many ways, but profit isn't a dirty word. I'm a profit-seeker. I also happen to have a passion for cryptocurrency and a strong understanding of what it can and can't do. I can try to enrich myself and try to push it in the right direction and those two things aren't mutually exclusive.

[MemoryShock]

My point was that we need new applications of working trustless systems, especially to complex subjective things like government. Trustless accounting and accountability, if applied properly, could remove the BS/politics from government. Or at least, the opportunity costs of all political jockeying, underhanded influence, war-chest building, and corruption might be foregone or mitigated, allowing many aspects of government to work more efficiently.

I'm no political scientist but I do know that there is an incredible social and economic cost to true democracy, and tying parts of its process to a working trustless system will bring down that cost.

In this particular case I'm sure this Galloway guy is using blockchain-supported governance primarily as a strategic campaigning point rather than out of any altruism. That's not unexpected, but I think the ends will justify the means. And I believe it will be very difficult to un-integrate a trustless system in any application, trustless or otherwise, due to the opportunity costs they save. He won't be able to unring that bell if indeed he does manage to ring it.

I agree with you in many ways, but profit isn't a dirty word. I'm a profit-seeker. I also happen to have a passion for cryptocurrency and a strong understanding of what it can and can't do. I can try to enrich myself and try to push it in the right direction and those two things aren't mutually exclusive.

I wasn't using 'profit' as a dirty word; merely making a concession that seeing this application in practice will be benefit to that context.  And I don't disagree with you.  There are heavy opportunity costs (not just financially but pretty much broad spectrum; the more people think about traditional politcos and their traditional strategies/positions the less chance there is for people to think about what better to do with their thinking/and behavior.  Case in point; traditional marriage and religious motivated social issues are a waste of brain space and time when there are much larger issues we could be working towards solutions on).

So essentially, I was thinking that Galloway may not be the proper choice for the introduction of this and that partisan politics and moral ethics are important...however, upon further consideration, if the tech finds a foothold and stays (in this form or another) than those two points might actually turn out to be moot.

I'll return to a more or less passive observation role here...with hopes for success...; )