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Author Topic: [ANN][Blocknet] truly decentralized exchange | token ecosystem infrastructure  (Read 1103256 times)
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john_connor
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April 08, 2017, 02:26:16 PM
 #6501

Blocknet is my long term investment this is good to see this thread is now getting more exposures. Current public testing is mind blowing achievement so after this milestone this will be on the top. Good luck dev for great testing.
100%. People are missing out on the future right now.
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April 08, 2017, 06:02:38 PM
 #6502

All things are clear BLOCKNET is growing so nice if you have some trust in dev.
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April 08, 2017, 06:19:53 PM
 #6503

How about public testing we need some feedback into thread to let know other people how it's going right now. Good news about this release will make it more fast to grow and get more people to invest into this project.
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April 08, 2017, 06:51:08 PM
 #6504

How about public testing we need some feedback into thread to let know other people how it's going right now. Good news about this release will make it more fast to grow and get more people to invest into this project.

If anyone could provide the instructions on how to test it properly that would be very helpful:)

https://nuls.io/about/ The sky is not the limit
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April 08, 2017, 08:29:09 PM
 #6505

How about public testing we need some feedback into thread to let know other people how it's going right now. Good news about this release will make it more fast to grow and get more people to invest into this project.

If anyone could provide the instructions on how to test it properly that would be very helpful:)

Setup guide here: https://docs.google.com/document/d/1M65hM03tX16FXN-X-30ETWq21WkWts1TxQXv-LR32AU/edit?usp=sharing

Best to join Slack as well, to get support and to report bugs if you find them.

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April 08, 2017, 08:49:51 PM
 #6506

do we have a bootstrap for the wallet?

It's a real pain to sync from the beginning

thanks
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April 08, 2017, 08:59:17 PM
 #6507

do we have a bootstrap for the wallet?

It's a real pain to sync from the beginning

thanks


If it's the Blocknet chain you're after, here's one: https://1drv.ms/f/s!AnokJf3LD1CMmvc5EE0duFZDnpp4kA

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April 08, 2017, 09:20:08 PM
 #6508

do we have a bootstrap for the wallet?

It's a real pain to sync from the beginning

thanks


If it's the Blocknet chain you're after, here's one: https://1drv.ms/f/s!AnokJf3LD1CMmvc5EE0duFZDnpp4kA


sweet.

cheers mate
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April 09, 2017, 03:03:20 AM
 #6509

Hi,

Can someone explain to me in simple bullet points how the decentralized exchange works?

I would like to add it to my thread (The DEX Thread). Actually, I already have added it, but I would like to elaborate on it there. I could not find a whitepaper.

Blocknet
- Status: Alpha
- Website: http://blocknet.co/
- BCT Thread: https://bitcointalk.org/index.php?topic=829576.0
- A peer-to-peer protocol between nodes that connects different blockchains
- More to come...
Weaknesses:
- To be announced after I understand how it works...
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April 09, 2017, 07:46:09 PM
Last edit: April 09, 2017, 09:22:20 PM by synechist
 #6510

Hi,

Can someone explain to me in simple bullet points how the decentralized exchange works?
1. Create an order in your wallet
2. XBridge relays it over our DHT network overlay to nodes on any chain
3. People's apps add your order to the order book
4. Someone accepts your order
5. Atomic coin exchange takes place (This is completely trustless, utilising OP_CHECKLOCKTIMEVERIFY)

Quote
I would like to add it to my thread (The DEX Thread). Actually, I already have added it, but I would like to elaborate on it there. I could not find a whitepaper.

Blocknet
- Status: Alpha
- Website: http://blocknet.co/
- BCT Thread: https://bitcointalk.org/index.php?topic=829576.0
- A peer-to-peer protocol between nodes that connects different blockchains
- More to come...
Weaknesses:
- To be announced after I understand how it works...

As for weaknesses, I'd say that, from a trader's perspective, a weakness is that we can't support scalping and other fast-in-fast-out trading techniques without inducing risk. (We could, for example, build a slider that enables traders to accept orders from contracts with less than the "safe" number of confirmations. This would basically function as a filter on the order book, enabling "instant" trades in exchange for increased double-spend risk. Best used on small position sizes.)

Note: the Blocknet isn't just a decentralised exchange. That's just what we're bringing out currently. The Blocknet is infrastructure for the inter-chain era and the emerging "token ecosystem." We aim to provide monetised service-delivery from nodes on any chain to dapps on any other one. In this context, the decentralised exchange is our service-monetisation mechanism, and if we are successful, the exchange will be used mostly by machines.


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April 11, 2017, 01:15:59 PM
 #6511

Something that's around the corner: "protocol tokens"

Thanks to the folks at 0X for writing such great stuff on the topic.

These tweets embody why I think that the Blocknet is poised to optimise the potential of protocol tokens, and to provide the foundation for the emerging "token ecosystem".



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Coval.R
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April 11, 2017, 07:14:44 PM
 #6512

Good update guys!

rocked it on This one.
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April 11, 2017, 07:19:46 PM
 #6513

WOW the price of a BLOCK already reached 50 cents and keeps growing!!!
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April 11, 2017, 09:58:39 PM
 #6514

Hi,

Can someone explain to me in simple bullet points how the decentralized exchange works?
1. Create an order in your wallet
2. XBridge relays it over our DHT network overlay to nodes on any chain
3. People's apps add your order to the order book
4. Someone accepts your order
5. Atomic coin exchange takes place (This is completely trustless, utilising OP_CHECKLOCKTIMEVERIFY)

Quote
I would like to add it to my thread (The DEX Thread). Actually, I already have added it, but I would like to elaborate on it there. I could not find a whitepaper.

Blocknet
- Status: Alpha
- Website: http://blocknet.co/
- BCT Thread: https://bitcointalk.org/index.php?topic=829576.0
- A peer-to-peer protocol between nodes that connects different blockchains
- More to come...
Weaknesses:
- To be announced after I understand how it works...

As for weaknesses, I'd say that, from a trader's perspective, a weakness is that we can't support scalping and other fast-in-fast-out trading techniques without inducing risk. (We could, for example, build a slider that enables traders to accept orders from contracts with less than the "safe" number of confirmations. This would basically function as a filter on the order book, enabling "instant" trades in exchange for increased double-spend risk. Best used on small position sizes.)

Note: the Blocknet isn't just a decentralised exchange. That's just what we're bringing out currently. The Blocknet is infrastructure for the inter-chain era and the emerging "token ecosystem." We aim to provide monetised service-delivery from nodes on any chain to dapps on any other one. In this context, the decentralised exchange is our service-monetisation mechanism, and if we are successful, the exchange will be used mostly by machines.



I understand that Blocknet isn't just a decentralized exchange. I was just curious about how it works specifically for the purpose of creating a DEX, as that is what the DEX thread focuses on.

I wish good luck to this project, as I think it is very interesting and can become quite useful with all of the things that can be made possible with it!
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April 12, 2017, 09:29:58 AM
 #6515

WoW.  Its still going up. This is because of the public testing.  I think this might be the last chance to buy in at under $0.50.
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April 12, 2017, 12:09:26 PM
 #6516

besides DEX are there any other usecases of blocknet?
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April 12, 2017, 12:18:31 PM
 #6517

I am interested much more in tech so first truly decentralized exchange working finally. Blocknet guys are working for long time to deliver a true trustless and first ever DX. Once the tech will be delivered increase of price will be inevitable. Blocknet a true game changer DX.
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April 12, 2017, 12:45:53 PM
 #6518

besides DEX are there any other usecases of blocknet?

We're core infrastructure for the token ecosystem.
If you want to know more about that, check out my previous three posts in which I've pasted screenshots of tweets.


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April 12, 2017, 03:19:03 PM
 #6519

besides DEX are there any other usecases of blocknet?

We're core infrastructure for the token ecosystem.
If you want to know more about that, check out my previous three posts in which I've pasted screenshots of tweets.



So if I understand well Lisk and Eth Dapps can use Blocknet platform to communicate with other chains?
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April 12, 2017, 03:22:28 PM
 #6520

back in the top 100 now. price jumped now.
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