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

[free-bit.co.in]

Something I posted in WAVES topic earlier:

So there is no difference between Bitshares decentralised exchange from 2 years ago and Waves decentralised exchange other than the Waves one is prettier?

I suggest some of you take a look at Blocknet - they are building a decentralised exchange but not with an intermediary token. Instead it's through atomic swaps by the xbridge technology. It's directly peer to peer which will means lower cost to the users, less friction, faster and of course it's truly decentralised.

Blocknet has been around for 2 years and is launching the hardfork in 4-8 weeks. They have demonstrated the atomic swaps, it's been tested and the exchanges can be seen in the BTC/LTC blockchains (Charlie Litecoin dev tweeted about it). So this isn't imaginary tech.

That's just the beginning though. DAPPs are coming next:

- decentralised mixer (users can mix their BTC for ZCash in a completely decentralised way and master nodes collect service fees)
- margin trading
- microservice APIs

Blocknet is super cheap market cap, peanuts compared to Waves. Only on Bittrex atm.

Where did you get the infromation that the hardfork is launching in 4 to 8 weeks? Did I miss that news?

Good summary about the coin!

[Gillette]

Something I posted in WAVES topic earlier:

So there is no difference between Bitshares decentralised exchange from 2 years ago and Waves decentralised exchange other than the Waves one is prettier?

I suggest some of you take a look at Blocknet - they are building a decentralised exchange but not with an intermediary token. Instead it's through atomic swaps by the xbridge technology. It's directly peer to peer which will means lower cost to the users, less friction, faster and of course it's truly decentralised.

Blocknet has been around for 2 years and is launching the hardfork in 4-8 weeks. They have demonstrated the atomic swaps, it's been tested and the exchanges can be seen in the BTC/LTC blockchains (Charlie Litecoin dev tweeted about it). So this isn't imaginary tech.

That's just the beginning though. DAPPs are coming next:

- decentralised mixer (users can mix their BTC for ZCash in a completely decentralised way and master nodes collect service fees)
- margin trading
- microservice APIs

Blocknet is super cheap market cap, peanuts compared to Waves. Only on Bittrex atm.

Are you sure blocknet exchange will enable margin trading? If that`s true it`s simply hugeeeeeeeeeeeeeeeeeeeeeee!!!

[Zontop]

There are lot of issues with current centralized exchanges in most recent period what is alarming for many traders. Blocknet's Dx is teh ultimate and final solution to eliminate these uncertainties and security issues for good. Block already is moving and it seems that market is waking up slowly but steady. Community is growing continuously lot of activities on slack. Block is going to rock in the end.

[G-Bert]

Something I posted in WAVES topic earlier:

So there is no difference between Bitshares decentralised exchange from 2 years ago and Waves decentralised exchange other than the Waves one is prettier?

I suggest some of you take a look at Blocknet - they are building a decentralised exchange but not with an intermediary token. Instead it's through atomic swaps by the xbridge technology. It's directly peer to peer which will means lower cost to the users, less friction, faster and of course it's truly decentralised.

Blocknet has been around for 2 years and is launching the hardfork in 4-8 weeks. They have demonstrated the atomic swaps, it's been tested and the exchanges can be seen in the BTC/LTC blockchains (Charlie Litecoin dev tweeted about it). So this isn't imaginary tech.

That's just the beginning though. DAPPs are coming next:

- decentralised mixer (users can mix their BTC for ZCash in a completely decentralised way and master nodes collect service fees)
- margin trading
- microservice APIs

Blocknet is super cheap market cap, peanuts compared to Waves. Only on Bittrex atm.

Are you sure blocknet exchange will enable margin trading? If that`s true it`s simply hugeeeeeeeeeeeeeeeeeeeeeee!!!

100% Trustless margin trading! It's planned, but not till a bit further down the line.

[Gillette]

Something I posted in WAVES topic earlier:

So there is no difference between Bitshares decentralised exchange from 2 years ago and Waves decentralised exchange other than the Waves one is prettier?

I suggest some of you take a look at Blocknet - they are building a decentralised exchange but not with an intermediary token. Instead it's through atomic swaps by the xbridge technology. It's directly peer to peer which will means lower cost to the users, less friction, faster and of course it's truly decentralised.

Blocknet has been around for 2 years and is launching the hardfork in 4-8 weeks. They have demonstrated the atomic swaps, it's been tested and the exchanges can be seen in the BTC/LTC blockchains (Charlie Litecoin dev tweeted about it). So this isn't imaginary tech.

That's just the beginning though. DAPPs are coming next:

- decentralised mixer (users can mix their BTC for ZCash in a completely decentralised way and master nodes collect service fees)
- margin trading
- microservice APIs

Blocknet is super cheap market cap, peanuts compared to Waves. Only on Bittrex atm.

Are you sure blocknet exchange will enable margin trading? If that`s true it`s simply hugeeeeeeeeeeeeeeeeeeeeeee!!!

100% Trustless margin trading! It's planned, but not till a bit further down the line.

I love you Dannnnnn!  You are genius!!!!!!!!

Fuck you Bitfinex and Poloniex!!!

[LBX]

guys
This currency still alive ?

[boudesj]

guys
This currency still alive ?

very much alive!
join slack if you wish to receive frequent updates on development

[danielwwt]

guys
This currency still alive ?

It's going to explode!

[Irky]

I don't think you guys should be getting all too excited about margin trading yet.  From what I've been following on Blocknet Slack this is really just a recent addition to the development features "wish list" and not being actively worked on at this stage.  It would of course be a wonderful feature to have, but there are a lot of issues to work out for something like that and I think that some are financial issues that would go beyond mere code implementation.

[greyskies]

We should hype the shit out of margin trading as a future feature.

Projects which are 10 times higher than us have built massive market caps off imaginary features that are coming in the future.

Putting that to one side, or groundbreaking Xbridge cross blockchain technology works already. We are MILES ahead of the competition. It's been demoed. People need to start spreading the word, hard fork coming and this coin going fucking astronomical.

[Irky]

Hype and FUD are two sides of the same coin.  If you indulge in one, you'll be sure to get plenty of the other.

[synechist]

I don't think you guys should be getting all too excited about margin trading yet.  From what I've been following on Blocknet Slack this is really just a recent addition to the development features "wish list" and not being actively worked on at this stage.  It would of course be a wonderful feature to have, but there are a lot of issues to work out for something like that and I think that some are financial issues that would go beyond mere code implementation.

Hype and FUD are two sides of the same coin.  If you indulge in one, you'll be sure to get plenty of the other.

Thank you for your level-headed remarks, @Irky.

Yes, I have constructed a few conceptual sketches of p2p margin trading, based on a secondary p2p market for the lending of capital.

Suffice to say that the contracts are hard and complex, that something like Tau or Ethereum would be good choices, and that while the concepts and business logic are clear to me, they're not really documented and have not been built yet.


Also, like the rest of the Blocknet, there'd be no central entity lending funds or securing margin. It would be entirely peer-to-peer.

[synechist]

Something I posted in WAVES topic earlier:

So there is no difference between Bitshares decentralised exchange from 2 years ago and Waves decentralised exchange other than the Waves one is prettier?

I suggest some of you take a look at Blocknet - they are building a decentralised exchange but not with an intermediary token. Instead it's through atomic swaps by the xbridge technology. It's directly peer to peer which will means lower cost to the users, less friction, faster and of course it's truly decentralised.

Blocknet has been around for 2 years and is launching the hardfork in 4-8 weeks. They have demonstrated the atomic swaps, it's been tested and the exchanges can be seen in the BTC/LTC blockchains (Charlie Litecoin dev tweeted about it). So this isn't imaginary tech.

That's just the beginning though. DAPPs are coming next:

- decentralised mixer (users can mix their BTC for ZCash in a completely decentralised way and master nodes collect service fees)
- margin trading
- microservice APIs

Blocknet is super cheap market cap, peanuts compared to Waves. Only on Bittrex atm.

Where did you get the infromation that the hardfork is launching in 4 to 8 weeks? Did I miss that news?

Good summary about the coin!

Quick clarification on this one:

- yes, a hard fork is planned soon. 4 to 8 weeks should  be about right.

- this hard fork is in order to add OP_CHECKLOCKTIMEVERIFY to the Blocknet's chain.

- the functionality this will enable is trade fee collection and distribution by service nodes

- this is not "a production launch" in a general sense of the term. But it is the laying of infrastructure for service nodes, which is pretty big news for all the people buying multiples of 5000 BLOCK to run one of the first services in the world to exist as part of the token ecosystem.

[cryptohunter]

Something I posted in WAVES topic earlier:

So there is no difference between Bitshares decentralised exchange from 2 years ago and Waves decentralised exchange other than the Waves one is prettier?

I suggest some of you take a look at Blocknet - they are building a decentralised exchange but not with an intermediary token. Instead it's through atomic swaps by the xbridge technology. It's directly peer to peer which will means lower cost to the users, less friction, faster and of course it's truly decentralised.

Blocknet has been around for 2 years and is launching the hardfork in 4-8 weeks. They have demonstrated the atomic swaps, it's been tested and the exchanges can be seen in the BTC/LTC blockchains (Charlie Litecoin dev tweeted about it). So this isn't imaginary tech.

That's just the beginning though. DAPPs are coming next:

- decentralised mixer (users can mix their BTC for ZCash in a completely decentralised way and master nodes collect service fees)
- margin trading
- microservice APIs

Blocknet is super cheap market cap, peanuts compared to Waves. Only on Bittrex atm.

Where did you get the infromation that the hardfork is launching in 4 to 8 weeks? Did I miss that news?

Good summary about the coin!

Quick clarification on this one:

- yes, a hard fork is planned soon. 4 to 8 weeks should  be about right.

- this hard fork is in order to add OP_CHECKLOCKTIMEVERIFY to the Blocknet's chain.

- the functionality this will enable is trade fee collection and distribution by service nodes

- this is not "a production launch" in a general sense of the term. But it is the laying of infrastructure for service nodes, which is pretty big news for all the people buying multiples of 5000 BLOCK to run one of the first services in the world to exist as part of the token ecosystem.

Any rough rough production launch target date?

[synechist]

Something I posted in WAVES topic earlier:

So there is no difference between Bitshares decentralised exchange from 2 years ago and Waves decentralised exchange other than the Waves one is prettier?

I suggest some of you take a look at Blocknet - they are building a decentralised exchange but not with an intermediary token. Instead it's through atomic swaps by the xbridge technology. It's directly peer to peer which will means lower cost to the users, less friction, faster and of course it's truly decentralised.

Blocknet has been around for 2 years and is launching the hardfork in 4-8 weeks. They have demonstrated the atomic swaps, it's been tested and the exchanges can be seen in the BTC/LTC blockchains (Charlie Litecoin dev tweeted about it). So this isn't imaginary tech.

That's just the beginning though. DAPPs are coming next:

- decentralised mixer (users can mix their BTC for ZCash in a completely decentralised way and master nodes collect service fees)
- margin trading
- microservice APIs

Blocknet is super cheap market cap, peanuts compared to Waves. Only on Bittrex atm.

Where did you get the infromation that the hardfork is launching in 4 to 8 weeks? Did I miss that news?

Good summary about the coin!

Quick clarification on this one:

- yes, a hard fork is planned soon. 4 to 8 weeks should  be about right.

- this hard fork is in order to add OP_CHECKLOCKTIMEVERIFY to the Blocknet's chain.

- the functionality this will enable is trade fee collection and distribution by service nodes

- this is not "a production launch" in a general sense of the term. But it is the laying of infrastructure for service nodes, which is pretty big news for all the people buying multiples of 5000 BLOCK to run one of the first services in the world to exist as part of the token ecosystem.

Any rough rough production launch target date?

That's not how we are developing the Blocknet.

This is how we're doing it:

- it's live and working (maturity: "MVP")

- outstanding core features/"infrastructure" come first

- key features for the market come next

- and we'll just keep building from there

The idea of a "production release" doesn't make sense in this space for multiple reasons. Firstly, there's no server room or cloud production environment. Secondly, we're doing continuous deployment, not releasing software on, say, DVDs like Windows XP. Thirdly, we're working in an "agile" way where we knock off little milestones at a time, and just keep demonstrating progress. (Software development works quite well this way.) Finally, you can already use the decentralised exchange right now.

[synechist]

Why the devs do not care about the questions I asked few weeks ago?

Here it is:

Let`s assume I want to sell LTC and buy Antshares (ANS) on Blocknet exchange. I have a full node of LTC but I do not have an ANS wallet. I want to receive my ANS in a paper wallet. Do I need to have ANS`s full node to sell my LTC and buy ANS on BLOCK decartelized exchange?

Another question:

Is BLOCK able to support Lisk coin and IOTA?

Sorry, I must've missed it.

Currently, you'd need full nodes for any coin you want to trade.

Lite wallets (SPV nodes) are planned as a priority feature, so you won't have to download a blockchain to trade.

Paper wallets can't do the complex contract setup required for atomic exchange. Sorry, that's not on our feature list.

[bitcrypto10101]

Is BLOCK able to support XST coin ?

Thanks

[synechist]

Is BLOCK able to support XST coin ?

Thanks

If it supports OP_CHECKLOCKTIMEVERIFY and has a stock JSON RPC interface, then yes.

[synechist]

Tweets on what will shape the token ecosystem's design space

It sounds awesome. But is there a simple one line explanation to break it down in dumb terms for someone like me, maybe with an example.

One line explanation:
Dapps won't just be simple "monolithic" blocks of code, they'll soon be orchestrations of inter-chain microservices. Reason: the ability to leverage all the services out there on the upcoming token ecosystem. The Blocknet is infrastructure for the token ecosystem.

[insom]

are there any addnodes or a direct blockchain download?

the wallet is syncing with 4kb/s and sometimes even stops syncing