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

[drawingthesun]

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.

I thought there was an ICO, what is the blocknet token for then?

[pm1978]

are there any addnodes or a direct blockchain download?

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

blocknet.conf
addnode=104.131.186.93
addnode=104.131.176.233

[mixtaman]

Does the windows wallet need to be online all the time for the staking to take place?

[G-Bert]

are there any addnodes or a direct blockchain download?

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

Here is the majority of the blockchain. much quicker to download http://76.164.207.2/

[MR1]

Does the windows wallet need to be online all the time for the staking to take place?

If your wallet is open 24 hours a day, you will earn the guaranteed annual 3%. 

If you open your wallet from time to time, you can still earn Block tokens by staking but less than 3% annually.

[insom]

blocknet.conf
addnode=104.131.186.93
addnode=104.131.176.233

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

Here is the majority of the blockchain. much quicker to download http://76.164.207.2/

thanks a lot!

[KKbit]

How will the Blocknet token will be used in the exchange? Is there any aplication?

[Futureblockchain]

Hello to everybody

I have few questions  If I have 5000 Block token  I can run a service node.Will the node has same priority like someone  has a lot of nodes ?

Are all these nodes competing eachother to get the fee for transaction , which is the priority ?

Do I need to stay online 24 hours per day ?

Do you have any estimate about how much will be fee's amount per node?

Any suggestion how to learn about these nodes are appreciated.

Thank you for your collaboration.

Blocknet is a big project, congratulations just move as quick as possible because a lot of projects are coming !

[greyskies]

I thought there was an ICO, what is the blocknet token for then?

Yes there was an ICO. My point was, if you swap BTC for LTC with Blocknet there is no token in between. It is not BTC swapped to TOKEN swapped to LTC. It is BTC straight swap to LTC.

Blocknet is for trading fees, microservice fees etc.

[Irky]

Does the windows wallet need to be online all the time for the staking to take place?

If your wallet is open 24 hours a day, you will earn the guaranteed annual 3%. 

If you open your wallet from time to time, you can still earn Block tokens by staking but less than 3% annually.

I do not believe that this is accurate, as I receive at 3% on Block wallets which are not always open (some are on laptops that are not always turned on).  I think they only need to be opened once every week or so in order to keep staking at the standard rate.  The devs could say for sure about the exact time period, but I do remember Dan saying previously on Slack that this is the case.

[XCNP]

Any time frame when hard fork is coming right now I have my coins on bittrex so I can transfer it into my wallet?

[greyskies]

Any time frame when hard fork is coming right now I have my coins on bittrex so I can transfer it into my wallet?

4 to 8 weeks.

[nextplease]

can anyone tell me if my forgotten handful of BLOCK on Polo is irredeemably lost with no possibility of retrieval? It seems to have disappeared....

[Praxis]

blocknet qt wallet for windows gives an error... anyone else having trouble running it? (win 10)

also, does anyone have some documentation on running a node?

[Irky]

blocknet qt wallet for windows gives an error... anyone else having trouble running it? (win 10)

also, does anyone have some documentation on running a node?

The older "official" wallet often errors out upon installation but then works OK when restarted.  If problem persists you should contact atcsecure on blocknet slack channel.

Newer dx wallets from development folder usually throw a bogus error message when closing.  These are not really recommended for holding coins yet (although I do it myself without problems).  But they also reportedly cannot work right if you are trying to encrypt a wallet for the first time (my wallet was already encrypted from earlier versions, so I did not notice this bug myself.)

Node setup instructions are at:  https://docs.google.com/document/d/1M65hM03tX16FXN-X-30ETWq21WkWts1TxQXv-LR32AU

[marcdk]

PosW for the following reasons:

Masternodes announced for July
They have their own exchange
Working on a PosW shop + vouchers
You can stake hundreds of coins at once 24/7 on their site (First of it's kind).
They run their own faucets, which is a great way for newbies to get started and discover the crypto world AND PosW.
You get monthly dividents from holding the coin itself. Which make people HOARD the coin like no tomorrow.
It's very young, and is in the accumulation process right now. Basically manipulated to hell by whales buying as much as they can before it takes off.

This can EASILY become the next 100x. Mark my words!

[synechist]

I think you posted on the wrong thread, @marcdk :-)

[truxton]

I think you posted on the wrong thread, @marcdk :-)

Any sign of the new OP?  Lots of new people are waking up to block.  Will the new OP be this month?  We REALLY need it ASAP.  Look at all the questions here just in the last day.

[harnorno2]

Is there an ICO to this thing?

[Irky]

Is there an ICO to this thing?

That boat sailed over two years ago, ITO price was 25000.  Only way to get in now is to buy Block (currently trading on Bittrex at around 4x to 5x ITO price).