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

[kludzins]

There is a soft fork in late July when we go "live" from test net to main net.
UI is being worked on.
Partnerships are being formed.
Marketing will be ramping up shortly.
The DX is already 100% working and you can trade BTC, LTC and SYS RIGHT NOW without a central exchange.
Stealth, Bay and hopefully Zcash following soon. Plus some others that that will be revealed in due course.
SPV integration (light wallets) so you don't have to download whole chains to trade will be implemented in the next few months.

How about Dash trading?

[bamsterdam]

There is a soft fork in late July when we go "live" from test net to main net.
UI is being worked on.
Partnerships are being formed.
Marketing will be ramping up shortly.
The DX is already 100% working and you can trade BTC, LTC and SYS RIGHT NOW without a central exchange.
Stealth, Bay and hopefully Zcash following soon. Plus some others that that will be revealed in due course.
SPV integration (light wallets) so you don't have to download whole chains to trade will be implemented in the next few months.

How about Dash trading?

Would be real nice to add dash to the platform, I will centainly trade my dash on block if it was made possible

[Dotcommie]

There is a soft fork in late July when we go "live" from test net to main net.
UI is being worked on.
Partnerships are being formed.
Marketing will be ramping up shortly.
The DX is already 100% working and you can trade BTC, LTC and SYS RIGHT NOW without a central exchange.
Stealth, Bay and hopefully Zcash following soon. Plus some others that that will be revealed in due course.
SPV integration (light wallets) so you don't have to download whole chains to trade will be implemented in the next few months.

How about Dash trading?

Would be real nice to add dash to the platform, I will centainly trade my dash on block if it was made possible

I have not had a ton of time to research all the important developments, but I think any coin that's using BIP65 can work automatically with blocknet DEX as long as there are running nodes with that coin's chain.

"Also, you don't need a lightning network to do atomic swaps. You don't need segwit either. You need OP_CHECKLOCKTIMEVERIFY (BIP65)."



Also, @Synechist, is this still true when it comes to the p2p chain stuff? It's from an older article, but I think this kind of thing should be MUCH higher on the list of things to make people aware of considering all this fighting lately to try and implement cutting edge features on the stable but slow BTC chain.

While it offers the use of different blockchains, the Blocknet is not a wallet. “The Blocknet enables you to use the technologies of a different blockchain from the one your wallet is on,” Culwick told CCN. “It also enables third party apps to utilize any given selection of blockchains’ services. Nodes on other blockchains will be able to deliver services to your node, without your node needing to download the other blockchain. Services are paid for in microfees over the decentralized exchange.”

[StealthCoin1]

Hey guys why the dump? Should be over 300k already.

[stslimited]

edit: got one, thanks guys!

anywhere I can download the whole blockchain?? pm me

syncing takes foreverrrrrrr

better yet if there is a lite client yet?

[Zimtente]

Hey guys why the dump? Should be over 300k already.

be a little bit more patient B-)

[meejay]

There is a soft fork in late July when we go "live" from test net to main net.
UI is being worked on.
Partnerships are being formed.
Marketing will be ramping up shortly.
The DX is already 100% working and you can trade BTC, LTC and SYS RIGHT NOW without a central exchange.
Stealth, Bay and hopefully Zcash following soon. Plus some others that that will be revealed in due course.
SPV integration (light wallets) so you don't have to download whole chains to trade will be implemented in the next few months.

Hi Truxton,

I would appreciate if you could explain the reason for soft fork.

Kind regards,

[free-bit.co.in]

May I ask, if Blocknet will have a website on which we could exchange the coins? So, we won't need to download the program.That would be great to make things simple for new incoming users of the decentralized exchange. 

[Zimtente]

May I ask, if Blocknet will have a website on which we could exchange the coins? So, we won't need to download the program.That would be great to make things simple for new incoming users of the decentralized exchange. 

good question! would also like to know.

wondering why there is so low volume on bittrex 

[Dotcommie]

May I ask, if Blocknet will have a website on which we could exchange the coins? So, we won't need to download the program.That would be great to make things simple for new incoming users of the decentralized exchange. 

good question! would also like to know.

wondering why there is so low volume on bittrex 

I would assume a website could be possible, but the point is to take those 3rd parties out of the mix, so they'd probably have to direct anything sent to it straight to Blocknet instead...so more of a front page routing to the Blocknet I guess.From my understanding, the DX will eventually be a simple "wallet" type of software where you won't be required to download the entire blockchain for each coin, but I'm not sure if the upcoming release will still require that or not.


And BLOCK has low volume on trex because they have been working on it this whole time and many people have forgotten about it with all the BTC, ETH, and other things blowing up lately. Crypto moves fast and many times people overlook quality development for quick profits.  Now that the marketing and other efforts will be catching up with the development time they have invested, I think we'll start to see a massive amount of old BLOCK supporters coming back as well as new ones rushing in once they understand what it actually does for crypto as a whole.

[truxton]

The reason for the fork is because of the move from testnet to mainnet and so Node owners can start earning fees.
Main dev said that he will probably start working on SPV after the fork.  SPV = light wallets so you don't have to download whole blockchains of the coins you want to trade.

Please come and join slack for more detailed info and news: https://blocknet.herokuapp.com/

About 2 weeks ago volume was over 100 BTC.  It goes up and down. 

[Lautrer]

Soft Fork should come in third week of July regarding to a post by synchrist @ slack. And this finally brings the working exchange from testnet to working blockchain. This will cause a lot of publicity. Better to start investing now. I look forward to it! Gui and SPV WILL come after that, thats not a general question, just a question of time! This year will be a blocknet year i hope and guess!

[Trollollo]

There is so low volume,because people are holding blocks for long therm.We all believe in this coin,and trust to it`s developers,because they deliver their promises. Devs was able to run away,and make another ICO and maybe get millions,but they still stick with their first babies (Block and XC) and I think,this means a lot for community.There are some day traders,of course-some people are selling to make profits,or invest in other projects,but I believe what most part of community are holding for long therm,and this is reason why we have so low volume.People are afraid from daytrading,because block may skyrocket at any time.
I personally think,what price will rise up couple weeks or months after softfork,and it will rocket up when UI will be ready,but in these markets you need to be ready to 200% price change over night,so I think-it is better to hold,because if you place sell order in hope what you will buy back cheaper,before going sleep,and we get pumped over night,your next day will be bad day.

[Zimtente]

There is so low volume,because people are holding blocks for long therm.We all believe in this coin,and trust to it`s developers,because they deliver their promises. Devs was able to run away,and make another ICO and maybe get millions,but they still stick with their first babies (Block and XC) and I think,this means a lot for community.There are some day traders,of course-some people are selling to make profits,or invest in other projects,but I believe what most part of community are holding for long therm,and this is reason why we have so low volume.People are afraid from daytrading,because block may skyrocket at any time.
I personally think,what price will rise up couple weeks or months after softfork,and it will rocket up when UI will be ready,but in these markets you need to be ready to 200% price change over night,so I think-it is better to hold,because if you place sell order in hope what you will buy back cheaper,before going sleep,and we get pumped over night,your next day will be bad day.

true. thanks for your thoughts. im sitting on my blocks - no doubts here B-)

[Sevvero]

Why would anyone use BLocknet when there is already working product called BitSquare.io where people can do everything Blocknet promises without the meme token?

[Lautrer]

Russian and german OPs are ready"!

[Trollollo]

Why would anyone use BLocknet when there is already working product called BitSquare.io where people can do everything Blocknet promises without the meme token?

BitSquare.io has nothing to do with idea of blocknet.It is like cat and apple...
Blocknet is using Xbridge P2P application,to make contact between different blockchains,and make atomic swaps.

Bitscuare.io is just p2p BTC/FIAT exchange,nothing more...

[KarelCrypto]

Why would anyone use BLocknet when there is already working product called BitSquare.io where people can do everything Blocknet promises without the meme token?

Blocknet is also an already working product and it's totally different from Bitsquare, DYOR.

Really looking forward to the soft fork, have been holding this for some months now, just bought some more, I believe we're really at the brisk of a huge rise in price for Block. Like Trollollo says, the community has a rock-solid trust in the project, the devs and the tech. We are at the absolute bottom right now. In the coming month, the brand new marketing team will be releasing it's first stuff, there will be a whitepaper release, a soft fork for the mainnet launch and a new UI. Block is around ranking 100 right now, with a product far superior to WAVES, but a market cap which is more than 20x smaller. This is just a no-brainer for me right now, by far my biggest bag i've ever held.

[Zenoru]

Why would anyone use BLocknet when there is already working product called BitSquare.io where people can do everything Blocknet promises without the meme token?

BitSquare.io has nothing to do with idea of blocknet.It is like cat and apple...
Blocknet is using Xbridge P2P application,to make contact between different blockchains,and make atomic swaps.

Bitscuare.io is just p2p BTC/FIAT exchange,nothing more...

Yes, and to add to that: since it uses 2-of-3 multisig addresses (buyer, seller, and arbitrator), it is not truly atomic and trustless as Blocknet is. You must also pay security deposits to trade (0.01 BTC), which will add additional network transaction fees and is a barrier to entry for microtrades (think of pay-as-you-use microservices such as decentralized storage, internet, etc.)

[Lautrer]

I also think that we are just days/weeks before the next rocket starts like the one brought as from 2 to 8$. Its to much phantasie at the moment the market could not react... I think these prices at the moment wont last for to long!