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Author Topic: [ANN][Blocknet] truly decentralized exchange | token ecosystem infrastructure  (Read 1103265 times)
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cassius69
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October 27, 2014, 04:24:01 PM
 #741

So the all coins in blocknet marketcap value goes up so does blocknet shares value goes up too?


of course not.  Grin

BitcoiNaked
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October 27, 2014, 04:45:28 PM
 #742

Where is the whitepaper? and a project of this magnitude and room for 2500 BTC ipo i want to see a video who the devs are.
mxxxxxx
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October 27, 2014, 04:48:23 PM
 #743

Where is the whitepaper? and a project of this magnitude and room for 2500 BTC ipo i want to see a video who the devs are.


You can check info about developers on coinssource


The Blocknet does not have a "whitepaper".

What we do have, which is better, is:
- the Xnode protocol, which is already coded, live and functioning on XCurrency nodes.
- Telehash v.3 documentation: https://github.com/telehash/telehash.org/tree/v3/v3
- Serverless Telehash with DHT: see the above link, and also https://github.com/quartzjer/TeleHash/blob/master/org/proto/kademlia.md


P.S. Personally I would like it if there was a whitepaper, because it would set certain people's minds at rest. However a whitepaper by no means guarantees the success of a project. Spelling out a solution is not some sort of guarantee that the solution will work.



Only part of the XBridge protocol has been completed and this was not done in an open source way.

However the XBridge will be open source.

We're considering releasing the part-completed code to serve as proof-of-concept.


dan7777777
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October 27, 2014, 04:55:13 PM
 #744

Less than 48 hours to go and no wallets available. Can you give us a time of when we can get them apart from "before the IPO".
I need to set all this up from home ASAP as I will be at work.
mxxxxxx
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October 27, 2014, 05:09:30 PM
 #745

Less than 48 hours to go and no wallets available. Can you give us a time of when we can get them apart from "before the IPO".
I need to set all this up from home ASAP as I will be at work.

I will pm you as soon as it is available for public

You will be able to create BLOCK address on exchanges too

strunzdumm
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October 27, 2014, 05:41:25 PM
 #746

I had a strange feeling from the start. It was just too good to be true. "The Internet of Blockchains" and other mantras spreading around. The reality is that there is nothing behind the blocknet , they do not even have a whitepaper. It is just a made up thing, that they claim they will develop after they get 2,500 BTC in funding.

Your post is spot on Spoetnik - and people who have been around know you are a legit person, one of the best known people on BTC talk, that's why your claim carries much more weight then if it was posted from a newbie account.

I was following the blocknet thread for the last couple of days, and multiple people were asking legit technical questions, and the "representative" was just dismissing these questions. Raised suspicion right there.

However - I never thought that somebody would be so bold to make a scam this big. We are not talking about Bitswift and it's 300 BTC IPO, this is something 10 times larger 10 million tokens selling for 25 K satoshi - 2,500 BTC , a nice little million USD.

The magnitude of this is getting scary, it seems that the scams are getting much more elaborate and are on a much larger scale. We are talking thousands of BTC here.

Jimmy Zed
I very confused now. Is this merely mongering?
https://bitcointalk.org/index.php?topic=836324.0
mxxxxxx
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October 27, 2014, 05:52:35 PM
 #747

Much better place to read is official thread and BlockNet FAQ https://bitcointalk.org/index.php?topic=829576.msg9269808#msg9269808

More info will be released today on the development timeline, budget and accountability measures for the funding.

synechist (OP)
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October 27, 2014, 05:59:20 PM
 #748

I had a strange feeling from the start. It was just too good to be true. "The Internet of Blockchains" and other mantras spreading around. The reality is that there is nothing behind the blocknet , they do not even have a whitepaper. It is just a made up thing, that they claim they will develop after they get 2,500 BTC in funding.

Your post is spot on Spoetnik - and people who have been around know you are a legit person, one of the best known people on BTC talk, that's why your claim carries much more weight then if it was posted from a newbie account.

I was following the blocknet thread for the last couple of days, and multiple people were asking legit technical questions, and the "representative" was just dismissing these questions. Raised suspicion right there.

However - I never thought that somebody would be so bold to make a scam this big. We are not talking about Bitswift and it's 300 BTC IPO, this is something 10 times larger 10 million tokens selling for 25 K satoshi - 2,500 BTC , a nice little million USD.

The magnitude of this is getting scary, it seems that the scams are getting much more elaborate and are on a much larger scale. We are talking thousands of BTC here.

Jimmy Zed
I very confused now. Is this merely mongering?
https://bitcointalk.org/index.php?topic=836324.0

Ha ha. That thread's OP has some of the weirdest reasons for suspicion that I've ever seen.

- We use pictures... and picture are scammy. Yes, totally. Never trust a picture.

- The Blocknet is closed source? [well, no it isn't. It's open source, but anyway...]


That sort of page makes me wonder whether it was created by a Blocknet supporter in order to make FUD look extra-silly. Ha ha.

Moving on...

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Valta Crypto
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October 27, 2014, 06:08:26 PM
 #749

ito launch time & zone? (sorry if asked before)

this information still not available?
mxxxxxx
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October 27, 2014, 06:11:28 PM
 #750

ito launch time & zone? (sorry if asked before)

this information still not available?

It was answered already Wink

https://bitcointalk.org/index.php?topic=829576.msg9347227#msg9347227

synechist (OP)
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October 27, 2014, 06:12:02 PM
 #751

ito launch time & zone? (sorry if asked before)

this information still not available?

It's on the OP FAQ and on the website.

(Has been for some time.)

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Valta Crypto
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October 27, 2014, 06:14:36 PM
 #752


ok, thank you
BitcoiNaked
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October 27, 2014, 06:15:50 PM
 #753


You can check info about developers on coins source

Link?
synechist (OP)
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October 27, 2014, 06:17:34 PM
 #754


You can check info about developers on coins source

Link?


http://t.co/vYe4EuZ8xe

Co-Founder, the Blocknet
the_game1224
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October 27, 2014, 06:36:07 PM
 #755


Has there been any info released about the Devs other than Dan?  or are there not any other devs?
Zugzwang02
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October 27, 2014, 06:36:41 PM
 #756

I know it was explained already, but my stupid technologically unsavvy brain doesn't quite comprehend it yet. I went on coingateway to try and get a feel for how to use it for Wednesday, but when it asks for recipient Bitcoin address, what would I use? The address I use to deposit BTC to Bittrex or will I be given a specific one somehow for Blocknet? Thanks in advance!
CryptoClub
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October 27, 2014, 06:37:28 PM
 #757

gr8.this faq predicts 900% gains.cant take that seriously.sorry but that was Too Bolt.

Huh? No it does not predict 900% gains. What FAQ are you looking at?

This is the FAQ: https://bitcointalk.org/index.php?topic=829576.msg9269808#msg9269808

You should at least be honest - the fact that You removed this prediction does not mean it was not there before. Anyway, I can´t see any benefit in blocknet, as there already are few other players, including sidechains, which probably win.

Be "honest"? Are you nuts?

1) With regard to questions that have nothing to do with this 900% gains stuff, I referred McHammer to the *current* FAQ. This has nothing to do with the content of previous FAQs.

2) In the one question where McHammer did refer to 900% gains I requoted my public apology for previously including that paragraph. https://bitcointalk.org/index.php?topic=829576.msg9335337#msg9335337. I'm not hiding anything. I'm being open about it.


If you can't see any benefit to the Blocknet, you've probably not seen what the Blocknet actually is, having been blinded by your preconceptions. Sidechains are not an "internet of Blockchains." They're not even a decentralised exchange.

They're certainly not an XBridge that can integrate every *existing* blockchain. What's a better plan: integrate every existing blockchain, or persuade every altcoin to scrap its blockchain, its community, and its market cap, rewrite itself as a sidechain, and play tag-along to the Bitcoin Foundation? Easy one, that.



I agree.

As I know some of the people on the team, I trust they are for real. I will be buying some, although I am not sure how much of which BLOCKNET coin I will use as I really like the coins I currently hold. I definitely think it is worth risking a little however. The limited supply is a much better strategy than the essentially unlimited SuperNET ITO. I also like there are some people with real identities behind this, accountable for it, putting their rep on the line. I think that makes it less likely for them to just vanish than many IPOs and so on we have seen in the past. Lastly, accepting BLOCKNET coins, some with low marketcap for payment, to me, ensures they care about the value of the BLOCKNET coins participating long term. (It would be hard to even just cash them out really) So it could be an amazing investment, and certainly the most interesting one coming up. I do not believe it is a "scam."

...
mxxxxxx
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October 27, 2014, 06:38:59 PM
 #758


Has there been any info released about the Devs other than Dan?  or are there not any other devs?

Here you can read about other developers :

http://www.coinssource.com/trust-index/Fibre-FIBRE/

http://cryptoasian.com/swift-bitswift/

http://www.coinssource.com/trust-index/nexthorizon-nhz/

http://cryptoasian.com/util-utilitycoin/

http://cryptoasian.com/lxc-librexcoin/

http://cryptoasian.com/xst-stealthcoin/

http://www.coinssource.com/crypto-coins/apexcoin/

http://cryptoasian.com/ssd-sonicscrewdriver/

wasserman99
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October 27, 2014, 06:39:31 PM
 #759

Are there rewards for early investors? Or is it the same invest the first day or the last day?

the_game1224
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October 27, 2014, 06:40:09 PM
 #760


Thank you!
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