plims
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July 27, 2017, 07:14:00 AM |
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I have some questions regarding the function of the Blocknet.
So I am interested in running a service node which means I need to own 5000 BLOCK.
What is a service node?
I assume it is just an open wallet with 5000 BLOCK in it?
My understanding is that by running a service node you get some BLOCK as an reward which is financed by the fees users need to pay for trading - correct?
How much fees (BLOCK) would I get at the beginning approximately?
In addition to that BLOCK is PoS based. So does that mean that by running a service node I earn BLOCK both by receiving a share of the trading fees AND by receiving the PoS reward which is 9% annually?
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TheCoinGossip - DAS deutschsprachige Krypto-Magazin (https://www.thecoingossip.com)
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truxton
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July 27, 2017, 10:27:42 AM |
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Blocknet NMC for DOGE Decentralized Trade Across Blockchains (Much DX!)
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Piston Honda
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Juicin' crypto
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July 27, 2017, 12:46:18 PM |
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WOWWWWWwEEEEEWEWWOOWOWOWWWEEEEEEEWOOOOOOW
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$ADK ~ watch & learn...
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MR1
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Activity: 927
Merit: 1000
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July 27, 2017, 01:00:44 PM |
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BLOCK is becoming the star of the year 2017!
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o48o
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Merit: 1137
Leading Crypto Sports Betting & Casino Platform
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July 27, 2017, 01:25:24 PM |
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Oh crap, looks like i missed this train.
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| ..Stake.com.. | | | ▄████████████████████████████████████▄
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matheuszr
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July 27, 2017, 01:54:45 PM |
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What you guys think, it will be back below 8 or 7$? or next stop is the moon?
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mt55
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July 27, 2017, 03:58:38 PM |
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has there been a major release yet? I remember there was something to be launched in July or August, right?
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Fast, Secure, and Fully
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| Whitepaper
Medium
Reddit
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l33tn00b
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July 27, 2017, 04:24:25 PM |
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Let's see if it drops under 400k ever again  |
Never invest more than you can afford to lose! |
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truxton
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July 27, 2017, 05:51:59 PM |
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has there been a major release yet? I remember there was something to be launched in July or August, right?
That's correct. Details to come soon. |
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cryptogaga
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July 27, 2017, 08:24:38 PM |
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Guys do i need to hold 5000 $Block to earn from the system or even holding 1 $Block qualifies me to earn something as in the case of Augur $Rep?
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jmunn44
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July 27, 2017, 09:24:50 PM |
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has there been a major release yet? I remember there was something to be launched in July or August, right?
That's correct. Details to come soon. The statement said in a week from monday correct. Its remarkable what you guys are doing. I cant believe there is not more press on this. There are only 181 reddit users vrs say NEO/ANS which has recently grown to over 10k. I can see this exploding soon. I am a holder and investor. This seems like a no brainer. The product is functioning and seems as if will be generating revenue soon. I would think this technology would have many more applications then just the transfer of coins and likely many revenue streams. |
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CryptoXMan
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Activity: 119
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July 27, 2017, 10:00:29 PM |
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Guys do i need to hold 5000 $Block to earn from the system or even holding 1 $Block qualifies me to earn something as in the case of Augur $Rep?
You can earn PoS from any amount of block, but you need 5K block to run a service node for the DEX. |
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RbiggerG
Full Member
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Activity: 302
Merit: 100
The Standard Protocol - Solving Inflation
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July 27, 2017, 10:03:10 PM |
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has there been a major release yet? I remember there was something to be launched in July or August, right?
That's correct. Details to come soon. Ok, is there an ETA for the details? |
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cryptogaga
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July 27, 2017, 10:04:55 PM |
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Guys do i need to hold 5000 $Block to earn from the system or even holding 1 $Block qualifies me to earn something as in the case of Augur $Rep?
You can earn PoS from any amount of block, but you need 5K block to run a service node for the DEX. Ok that would be great for some of us not having enough funds to get 5k $Block, thanks for the enlightenment |
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CryptoXMan
Member
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July 27, 2017, 10:15:09 PM |
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Guys do i need to hold 5000 $Block to earn from the system or even holding 1 $Block qualifies me to earn something as in the case of Augur $Rep?
You can earn PoS from any amount of block, but you need 5K block to run a service node for the DEX. Ok that would be great for some of us not having enough funds to get 5k $Block, thanks for the enlightenment You are welcome! Block is #1 gainer on coinmarketcap today! |
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Bitgenius777
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July 27, 2017, 11:35:59 PM |
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So which coins are competing against blocknet??
Ark, EOS, Ethereum, Stratis, Neo, Bitshare, Stock.Exchange, ..
I don't understand it.
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Dotcommie
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July 28, 2017, 12:14:22 AM |
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So which coins are competing against blocknet??
Ark, EOS, Ethereum, Stratis, Neo, Bitshare, Stock.Exchange, ..
I don't understand it.
Not really any of them. Blocknet will connect them all, not directly compete with them. |
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DiCE1904
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July 28, 2017, 01:20:43 AM |
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is 1.2.1.5 the latest macOS wallet?
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rekcahxfb_foundation
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CrowdWiz
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July 28, 2017, 01:26:30 AM |
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So which coins are competing against blocknet??
Ark, EOS, Ethereum, Stratis, Neo, Bitshare, Stock.Exchange, ..
I don't understand it.
Not really any of them. Blocknet will connect them all, not directly compete with them. i read some information about blocknet. its a good project imo, but there is a different project, named: cosmos what do you think about cosmos project? |
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ENvader
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July 28, 2017, 06:52:51 AM |
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Note to devs: An option to switch to local currency (USD, etc) in the graph/chart view in addition to BTC would be awesome.
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