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

[insom]

Anyone else having trouble syncing wallet? Mine got stuck at 99% and when i reloaded it it just sat at blue opening screen...

delete the blockchain and let it fully sync without touching
sometimes its "stuck" at 99% but moves on after a while

[1714985608]

1714985608

[1714985608]

1714985608

[1714985608]

1714985608

[Bigbobbasher]

Anyone else having trouble syncing wallet? Mine got stuck at 99% and when i reloaded it it just sat at blue opening screen...

delete the blockchain and let it fully sync without touching
sometimes its "stuck" at 99% but moves on after a while

Delete blockchain folder right?

[insom]

Anyone else having trouble syncing wallet? Mine got stuck at 99% and when i reloaded it it just sat at blue opening screen...

delete the blockchain and let it fully sync without touching
sometimes its "stuck" at 99% but moves on after a while

Delete blockchain folder right?

...AppData\Roaming\blocknet

make sure you backup your wallet.dat in case you already have some BLOCK in your wallet

[danielwwt]

Should I invest here?
I am a new member

well, you found the right place

[danielwwt]

We will see significant increase in volume as well as in price of Block over the next few days. Block's price have deep and unshakeable supportive community it really doesn't matter for it if temporary volume drops. Future belongs to Block Dex and services only.

Agreed.
In the meantime, selling at 0.0045 and buying at 0.0042 was the best I could do.
I Made $15... 

Let's HODL now.

you could lose $15

[stupid_seb]

We will see significant increase in volume as well as in price of Block over the next few days. Block's price have deep and unshakeable supportive community it really doesn't matter for it if temporary volume drops. Future belongs to Block Dex and services only.

Agreed.
In the meantime, selling at 0.0045 and buying at 0.0042 was the best I could do.
I Made $15... 

Let's HODL now.

you could lose $15

I actually did, in value. Back to sq1. :-)

[Gnosis7777]

Is there a demo video of the exchange yet?

[Odeoke]

Should I buy this coin?
I am a new member

If you are aware of risks than you should invest in any project this is crypto where anything can happen. This project is looking promising at the moment and coming good news about testing so if you can hold than you can.

[synechist]

Hi all

Quick update from Dan:
the new blocknet-qt wallet will be available for tomorrow evening (provided no last minute issues) for preview/testing

Updated specs
- 1minute block time
- 1 block reward per block (thus decreasing interest over time)
- split 70%/30%/ +10% (service nodes get 70%, stakers get 30%; the 10% is not a stake reward, but is via the self-funding model)
- 5k required to run a service node
- for staking, the wallet will need to be open as often as possible, since it is not based on coin age.
- migration/installation: it uses a new roaming folder, so simply install and copy your wallet.dat to the new folder.*

* tomorrow is the launch on testnet, so don't copy your wallet.dat over just yet. Wait for the mainnet launch mid-month.

[truxton]

Is there a demo video of the exchange yet?

Many videos here of various trade pairs: https://www.youtube.com/channel/UCCDBoR9fHb21bLH7FGvFrQg

[truxton]

* tomorrow is the launch on testnet, so don't copy your wallet.dat over just yet. Wait for the mainnet launch mid-month.[/size]

[insom]

so basically the launch of the new mainnet is a hardfork of the then old blocknet chain?

[synechist]

so basically the launch of the new mainnet is a hardfork of the then old blocknet chain?

No, it's a migration to a new blockchain.
Further details are in the press release.

[insom]

so basically the launch of the new mainnet is a hardfork of the then old blocknet chain?

No, it's a migration to a new blockchain.
Further details are in the press release.

alright got it
looking forward to the mainnet launch 

[CryptoXMan]

Hi all

Quick update from Dan:
the new blocknet-qt wallet will be available for tomorrow evening (provided no last minute issues) for preview/testing

Updated specs
- 1minute block time
- 1 block reward per block (thus decreasing interest over time)
- split 70%/30%/ +10% (service nodes get 70%, stakers get 30%; the 10% is not a stake reward, but is via the self-funding model)
- 5k required to run a service node
- for staking, the wallet will need to be open as often as possible, since it is not based on coin age.
- migration/installation: it uses a new roaming folder, so simply install and copy your wallet.dat to the new folder.*

* tomorrow is the launch on testnet, so don't copy your wallet.dat over just yet. Wait for the mainnet launch mid-month.

Amazing update!!!   Last chance to pick up blocknet nodes before the rocket leaves for the moon!

[Bigbobbasher]

Thx stupid_seb!!

[bamsterdam]

Thanks devs for amazing work and updates really excited about blocks future

Also thanks to truxton for keeping the community up te date with everything!

[zana]

Hi all

Quick update from Dan:
the new blocknet-qt wallet will be available for tomorrow evening (provided no last minute issues) for preview/testing

Updated specs
- 1minute block time
- 1 block reward per block (thus decreasing interest over time)
- split 70%/30%/ +10% (service nodes get 70%, stakers get 30%; the 10% is not a stake reward, but is via the self-funding model)
- 5k required to run a service node
- for staking, the wallet will need to be open as often as possible, since it is not based on coin age.
- migration/installation: it uses a new roaming folder, so simply install and copy your wallet.dat to the new folder.*

* tomorrow is the launch on testnet, so don't copy your wallet.dat over just yet. Wait for the mainnet launch mid-month.

First of all congratulations for the great work.

How much would be the average reward for a service node?
Can I run a service node from a VPS?

[kaltron]

Hi all

Quick update from Dan:
the new blocknet-qt wallet will be available for tomorrow evening (provided no last minute issues) for preview/testing

Updated specs
- 1minute block time
- 1 block reward per block (thus decreasing interest over time)
- split 70%/30%/ +10% (service nodes get 70%, stakers get 30%; the 10% is not a stake reward, but is via the self-funding model)
- 5k required to run a service node
- for staking, the wallet will need to be open as often as possible, since it is not based on coin age.
- migration/installation: it uses a new roaming folder, so simply install and copy your wallet.dat to the new folder.*

* tomorrow is the launch on testnet, so don't copy your wallet.dat over just yet. Wait for the mainnet launch mid-month.

Back of napkin calculation, do I have this right?

6 million BLOCKs are burned.
The top holders with enough to run a service node have roughly 3.6 million according to https://chainz.cryptoid.info/block/#!rich
The rest have 470k

Assuming that everyone who can run a service node is, and anyone who can stake is doing so.

If you have 5k and run a service node, you get a reward of 0.7 * 5k / 3.6 million =  0.00097222222
If you have 5k and stake through your wallet, you get a reward of 0.3 * 5k / 470k = 0.00319148936

Or do service nodes get both the service and staking reward?

[gerdab]

Back of napkin calculation, do I have this right?

6 million BLOCKs are burned.
The top holders with enough to run a service node have roughly 3.6 million according to https://chainz.cryptoid.info/block/#!rich
The rest have 470k

Assuming that everyone who can run a service node is, and anyone who can stake is doing so.

If you have 5k and run a service node, you get a reward of 0.7 * 5k / 3.6 million =  0.00097222222
If you have 5k and stake through your wallet, you get a reward of 0.3 * 5k / 470k = 0.00319148936

Or do service nodes get both the service and staking reward?

if u run node service, u'll ve stake reward + transactions fees (≈ 0,13%-0,15%)...
The stake rewards 'll be negligible compared to transactions fees ...

If BLOCK succeeded to attract cryptocurrencies exchangers, u can imagine the volume of transit through the nodes, and the gains that can be generated by each node.