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Author Topic: [ANN][Blocknet] truly decentralized exchange | token ecosystem infrastructure  (Read 1102978 times)
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lyenolantin
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January 24, 2018, 06:46:46 PM
 #8601

There is a project built on the network of the Etherium. He promises to pay in stores and cashback How can this project handle 100 transactions per second if the Etherium network breaks down from crypto-kitties ?? Correctly I realized that this will not work until the etherium network accelerates at least 10,000 or 100,000 times
Bitcoin addresses contain a checksum, so it is very unlikely that mistyping an address will cause you to lose money.
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Ferdo
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January 27, 2018, 01:33:10 PM
 #8602

Could someone please confirm the benefits of holding BLOCK? Once the Block Dex is launched, by either owning a masternode (1k coins, correct?) or by staking whatever Block you own, you get a cut of the fees. Is that correct? Thanks.

Yes, you get a cut of fees when you hold block.    One block is generated every min and node (needs 5000 block) get 70% while staking gets 30%.      Both have great ROI.   Staking currently is around 11-13% while node gets around 17-18%. 

So if I understood right, staking is not yet possible but will be once Block Dex is launched? Any idea when Block Dex is supposed to launch?
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January 27, 2018, 04:42:35 PM
 #8603

We need a professional and trustsless DEX where we as users control our cryptocoins! I hope Blocknet will be one of the best DEX in 2018 especially after the UI update and light wallet version of the DEX!

The centralized exchanges can only harm us users, especially when they can be easily hacked (looking at Coincheck lost off 500 million dollars) and controlled by the governments..

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BITCOIN
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January 27, 2018, 06:59:00 PM
Merited by foroplus (2), Ferdo (1)
 #8604

Could someone please confirm the benefits of holding BLOCK? Once the Block Dex is launched, by either owning a masternode (1k coins, correct?) or by staking whatever Block you own, you get a cut of the fees. Is that correct? Thanks.

Yes, you get a cut of fees when you hold block.    One block is generated every min and node (needs 5000 block) get 70% while staking gets 30%.      Both have great ROI.   Staking currently is around 11-13% while node gets around 17-18%. 

So if I understood right, staking is not yet possible but will be once Block Dex is launched? Any idea when Block Dex is supposed to launch?

Hi. Staking is active now and has been for a long time.

The latest newsletter is here including dates:
https://medium.com/blocknet/word-on-the-block-january-15th-fd4a55a56178
Beta launch is march 1st.

The next Newsletter with a roadmap is due early next week.
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January 27, 2018, 08:41:32 PM
 #8605

Could someone please confirm the benefits of holding BLOCK? Once the Block Dex is launched, by either owning a masternode (1k coins, correct?) or by staking whatever Block you own, you get a cut of the fees. Is that correct? Thanks.

Yes, you get a cut of fees when you hold block.    One block is generated every min and node (needs 5000 block) get 70% while staking gets 30%.      Both have great ROI.   Staking currently is around 11-13% while node gets around 17-18%. 

So if I understood right, staking is not yet possible but will be once Block Dex is launched? Any idea when Block Dex is supposed to launch?

Hi. Staking is active now and has been for a long time.

The latest newsletter is here including dates:
https://medium.com/blocknet/word-on-the-block-january-15th-fd4a55a56178
Beta launch is march 1st.

The next Newsletter with a roadmap is due early next week.

Thx for the quick reply. So I suppose i just download the latest BlocknetDX wallet, send coins there and start staking. Is there a minimum amount to stake? Don't have a lot yet, but will try to accumulate more
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January 27, 2018, 10:36:05 PM
 #8606

Could someone please confirm the benefits of holding BLOCK? Once the Block Dex is launched, by either owning a masternode (1k coins, correct?) or by staking whatever Block you own, you get a cut of the fees. Is that correct? Thanks.

Yes, you get a cut of fees when you hold block.    One block is generated every min and node (needs 5000 block) get 70% while staking gets 30%.      Both have great ROI.   Staking currently is around 11-13% while node gets around 17-18%. 

So if I understood right, staking is not yet possible but will be once Block Dex is launched? Any idea when Block Dex is supposed to launch?

Hi. Staking is active now and has been for a long time.

The latest newsletter is here including dates:
https://medium.com/blocknet/word-on-the-block-january-15th-fd4a55a56178
Beta launch is march 1st.

The next Newsletter with a roadmap is due early next week.

Thx for the quick reply. So I suppose i just download the latest BlocknetDX wallet, send coins there and start staking. Is there a minimum amount to stake? Don't have a lot yet, but will try to accumulate more

No minimum at all. Welcome and enjoy. Great community and undervalued. 


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January 28, 2018, 02:21:32 AM
 #8607

any reason why my wallet crashes 1x per 48 hours roughly?

tried a few versions

anyone else having this?

version .36

why is .37 not linked from the website if it exists... i have .47 but since nobody heard of that yet i will not dare use if further

why is this OP still such a mess.

Just link the latest wallet straight from the OP

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January 28, 2018, 12:55:30 PM
 #8608

why is this OP still such a mess.

Just link the latest wallet straight from the OP

This is such a mess because developers couldn't stand normal criticism with the fact that for several years already they are producing only fancy looking "roadmaps" and not being able to deliver working application. That's why they decided Bitcointalk is not primary channel of communication with crypto people and moved to some obscure platform most people don't even have an account on. They stated several times that if you want answers you should come to them. It's not that only OP is a mess, the whole coin is a mess. No wonder there are only three exchanges supporting BLOCK (Bittrex and two obscure ones), and with this laughable volume of trading (7th page on Bittrex) it's slowly moving to the last, 10th page, where Bittrex keeps coins that are candidates for delisting.
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January 28, 2018, 05:24:09 PM
 #8609

why is this OP still such a mess.

Just link the latest wallet straight from the OP

This is such a mess because developers couldn't stand normal criticism with the fact that for several years already they are producing only fancy looking "roadmaps" and not being able to deliver working application. That's why they decided Bitcointalk is not primary channel of communication with crypto people and moved to some obscure platform most people don't even have an account on. They stated several times that if you want answers you should come to them. It's not that only OP is a mess, the whole coin is a mess. No wonder there are only three exchanges supporting BLOCK (Bittrex and two obscure ones), and with this laughable volume of trading (7th page on Bittrex) it's slowly moving to the last, 10th page, where Bittrex keeps coins that are candidates for delisting.

What are you referring about? Product works. Just the UI needs to come out. Join rocket chat or telegram. Great community here


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We plan to invest over
$1 billion in the regulated, licensed,
and legal businesses to build the IOB Mesh
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Same Token,IOB
Multiple Regulated
Security Token
ICOs Across the World.
|
TELEGRAM
TWITTER
GITHUB
REDDIT
中文电报群
MEDIUM
BITCOINTALK
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January 28, 2018, 10:14:12 PM
 #8610

What are you referring about? Product works. Just the UI needs to come out. Join rocket chat or telegram. Great community here

Well look at that guy's reputation. It shouts that he is just meant to be ignored.

https://stealth.org/ A fast, feeless, private and scalable digital currency
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January 28, 2018, 10:55:51 PM
 #8611

Blocknet slack channel is one of the most active of all i know. Imagine if all that messages would be posted here in Bitcointalk, will be great mess.

Join rocket chat or telegram. Great community here

Well, is it a Slack channel or Telegram? Why is there no mess here for other coins, and only BLOCK has a problem with this forum?

Just waiting for lightweight wallet, because to keep a lot of different blockchains synchronized on single PC is very unconveniet.

I've being following BLOCK from 2014, way before the ICO, and was intrigued by the potential. This is 4th year I've being listening to "we just need this or that and everything will be working". Somewhere in the beginning of 2015 legitimate questions have been started to be deleted from this thread, and all new users aggressively suggested to use other communication channels which can be more easily controlled by the people who try to hide the incompetence of the dev team. Because of that three years ago I've sold the BLOCK I had. Since then price of BLOCK has been pumped and dumped several times, and the working product usable by everyone still hasn't been released. Do you think it's normal that dev team heavily founded from the ICO is not able to produce a working software in 4th year of it's development?

See you in a few years just to check if I was wrong and they finally produce something. I wish this will be a case, good luck to everyone still holding this coin after all these years.
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January 28, 2018, 11:15:58 PM
 #8612

We need a professional and trustsless DEX where we as users control our cryptocoins! I hope Blocknet will be one of the best DEX in 2018 especially after the UI update and light wallet version of the DEX!

The centralized exchanges can only harm us users, especially when they can be easily hacked (looking at Coincheck lost off 500 million dollars) and controlled by the governments..

Yes, now it is basically everywhere mandatory to verify your identity before doing whatever in those centralized exchanges - and it will only get worse. So welcome the decentralized ones. Let's hope Blocknet will deliver finally.

   ⚡⚡ PRiVCY ⚡⚡   ▂▃▅▆█ ✅ PRiVCY (PRIV) is a new PoW/PoS revolutionary privacy project ● ☞ ✅ Best privacy crypto-market! ● █▆▅▃▂
    Own Your Privacy! ─────────────────║ WebsiteGithub  |  Bitcointalk  |  Twitter  |  Discord  |  Explorer ║─────────────────
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January 29, 2018, 02:18:06 PM
 #8613

how would I currently trade with the Blocknet? In centralized exchange I send the funds to their wallets, this wont be the case with block.

Trades are done with a shared hash in a checklocktimeverify account. It's done in two transactions on each chain. First to the account with asynchronous timelocks then withdrawn from those with the person with the shorter locktime to act first. He holds the secret to the hash puzzle and when it's published it allows the person on the other chain to move his funds as well.

It's the only decentralized exchange method. Other coins that don't do it this way are simply not doing decentralized exchange.

Funds are traded directly between you and the counter-party. Funds are not deposited on an exchange at all.
Atomic swaps are decentralized.
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January 29, 2018, 06:18:21 PM
 #8614

Blocknet slack channel is one of the most active of all i know. Imagine if all that messages would be posted here in Bitcointalk, will be great mess.

Join rocket chat or telegram. Great community here

Well, is it a Slack channel or Telegram? Why is there no mess here for other coins, and only BLOCK has a problem with this forum?

Just waiting for lightweight wallet, because to keep a lot of different blockchains synchronized on single PC is very unconveniet.

I've being following BLOCK from 2014, way before the ICO, and was intrigued by the potential. This is 4th year I've being listening to "we just need this or that and everything will be working". Somewhere in the beginning of 2015 legitimate questions have been started to be deleted from this thread, and all new users aggressively suggested to use other communication channels which can be more easily controlled by the people who try to hide the incompetence of the dev team. Because of that three years ago I've sold the BLOCK I had. Since then price of BLOCK has been pumped and dumped several times, and the working product usable by everyone still hasn't been released. Do you think it's normal that dev team heavily founded from the ICO is not able to produce a working software in 4th year of it's development?

See you in a few years just to check if I was wrong and they finally produce something. I wish this will be a case, good luck to everyone still holding this coin after all these years.

At that time it was 10 cents? pump and dump several times?

its now over $45 ++

Maybe you are just sour you didn't buy and hold back then.

Come back in 3 months.


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We plan to invest over
$1 billion in the regulated, licensed,
and legal businesses to build the IOB Mesh
|
Same Token,IOB
Multiple Regulated
Security Token
ICOs Across the World.
|
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TWITTER
GITHUB
REDDIT
中文电报群
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January 29, 2018, 06:46:17 PM
 #8615

Blocknet slack channel is one of the most active of all i know. Imagine if all that messages would be posted here in Bitcointalk, will be great mess.

Join rocket chat or telegram. Great community here

Well, is it a Slack channel or Telegram? Why is there no mess here for other coins, and only BLOCK has a problem with this forum?

Just waiting for lightweight wallet, because to keep a lot of different blockchains synchronized on single PC is very unconveniet.

I've being following BLOCK from 2014, way before the ICO, and was intrigued by the potential. This is 4th year I've being listening to "we just need this or that and everything will be working". Somewhere in the beginning of 2015 legitimate questions have been started to be deleted from this thread, and all new users aggressively suggested to use other communication channels which can be more easily controlled by the people who try to hide the incompetence of the dev team. Because of that three years ago I've sold the BLOCK I had. Since then price of BLOCK has been pumped and dumped several times, and the working product usable by everyone still hasn't been released. Do you think it's normal that dev team heavily founded from the ICO is not able to produce a working software in 4th year of it's development?

See you in a few years just to check if I was wrong and they finally produce something. I wish this will be a case, good luck to everyone still holding this coin after all these years.

At that time it was 10 cents? pump and dump several times?

its now over $45 ++

Maybe you are just sour you didn't buy and hold back then.

Come back in 3 months.

Nobody holds an altcoin for 4 years, only BTC, and BLOCK was dumped to a fraction of ICO price in BTC at least four times since then. It will happen again, so see you not in 3 months but in 3 years.
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January 29, 2018, 07:04:36 PM
 #8616

I really love the concept of this project. The project has a strong team for technical support and highly experienced  too. It will do well during the ico and do very well in the market when being traded.
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January 29, 2018, 07:11:22 PM
 #8617

I really love the concept of this project. The project has a strong team for technical support and highly experienced  too. It will do well during the ico and do very well in the market when being traded.

Nice shitpost, I'm very proud of you! Smiley Did you even read the slightest about Blocknet?

ICO was done a long time ago and it's being traded on Upbit,Bittrex and cryptobridge...

.freebitcoin.       ▄▄▄█▀▀██▄▄▄
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BITCOIN
DICE
EVENT
BETTING
WIN A LAMBO !

.
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.PLAY NOW.
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January 29, 2018, 07:33:27 PM
 #8618

Is an Exchange a main target of project? Or there are any other business projects/plans? Any timeframe for that? How big team is working on project - anything to read about team and business plans?

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January 29, 2018, 07:40:59 PM
 #8619

...Because of that three years ago I've sold the BLOCK I had.
...

Well that explains it all.
Just move on to some other coin, there are plenty of good ones. And don't forget next time: HODL! Wink

https://stealth.org/ A fast, feeless, private and scalable digital currency
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January 29, 2018, 09:09:25 PM
 #8620

The Blocknet decentralized exchange is only the first app built on the Blocknet Protocol. 

The Blocknet is designed as infrastructure for the emerging token ecosystem. Any service or orchestrated sequence of microservices provided by dapps may be delivered over the Blocknet's infrastructure.

Using decentralized exchange, these services are intrinsically monetizable, removing the friction and high costs of traditional payment networks - friction which has prevented the monetisation of the bulk of the API ecosystem.

Due to the decentralized exchange, consumers of a service may pay in their native token even if the service consumes a different token.
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