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Author Topic: [ANN][Blocknet] truly decentralized exchange | token ecosystem infrastructure  (Read 1103269 times)
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Finkleheim
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August 29, 2017, 10:46:33 AM
 #8001

https://imgur.com/a/Q7nQB
https://imgur.com/a/2rAo9

Blocknet Devs premined the new chain to allocate themselves over 100k BLOCK "Backpay". More than $2.5m At current prices.
truxton
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August 29, 2017, 10:56:52 AM
 #8002

Orders for Verge (XVG) and Mona (MONA) have been successfully placed on the Blocknet Decentralized exchange!


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August 29, 2017, 12:15:09 PM
 #8003

Orders for Verge (XVG) and Mona (MONA) have been successfully placed on the Blocknet Decentralized exchange!




Noice!
Keep'em coming!


"Dishonour is like a scar on a tree, which time, instead of effacing, only helps to enlarge."
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August 29, 2017, 12:29:27 PM
 #8004

I can't wait to place a 100 BTC buy order wall on my favorite coin knowing I don't have to fear a centralized exchange "mishandling" it.

I see the potential for massive orders being traded - the likes of which centralized exchanges could only dream of.

And when traders come to understand that this can incorporate a trustless decentralized fiat gateway where fees are dictated by the 'direct' counterparty rather than a middleman, then it's game over!! Grin

"Dishonour is like a scar on a tree, which time, instead of effacing, only helps to enlarge."
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August 29, 2017, 04:43:28 PM
 #8005



https://steemit.com/blocknet/@theblocknet/blocknet-to-integrate-with-ethfinex
Igor76200
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August 29, 2017, 05:43:18 PM
 #8006

Blocknet is the next 1B cap coin. Mark my words  Wink

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Ano
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August 29, 2017, 05:54:48 PM
 #8007

Blocknet is the next 1B cap coin. Mark my words  Wink

If HF will happen on time than it will continue to grow more strong I also really impressed to see the current progress of testing with some other coins. All investors would like to see this coin on more high position.
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August 29, 2017, 06:36:13 PM
Last edit: August 29, 2017, 09:15:33 PM by Gelbstich
 #8008

https://imgur.com/a/Q7nQB
https://imgur.com/a/2rAo9

Blocknet Devs premined the new chain to allocate themselves over 100k BLOCK "Backpay". More than $2.5m At current prices.
Thank you for letting us know! That's about 2,5% of all BLOCKs. That is a lot, but some reward for the Dev is surely appropriate.

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R I Z E N
.......White Paper....... .......Node System and Sidechains....... .......Help Desk.......





 
   


   
 
   
ENvader
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August 29, 2017, 07:06:36 PM
 #8009

https://imgur.com/a/Q7nQB
https://imgur.com/a/2rAo9

Blocknet Devs premined the new chain to allocate themselves over 100k BLOCK "Backpay". More than $2.5m At current prices.
Thank you for letting us know! That's about 2,5% of all BLOCKs. That is a lot, but some reward for the Dev is surely appropriate.

So what exactly does this mean? Is this common practice? Did they announce this to the community? Just curious.
ScubaFuz
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August 29, 2017, 07:42:42 PM
 #8010

I'd like to buy some BLOCK because i really believe this to become huge, but I want to buy it on the Blocknet decentralized exchange, not on Bittrex or NovaExchange. Is this possible or do we need to buy some block before we can use the decentralized exchange?
Is this exchange already available or is that the part that is going live on Friday?

Buy low, get high and seek the end of the rainbow
Gelbstich
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August 29, 2017, 09:14:54 PM
 #8011

https://imgur.com/a/Q7nQB
https://imgur.com/a/2rAo9

Blocknet Devs premined the new chain to allocate themselves over 100k BLOCK "Backpay". More than $2.5m At current prices.
Thank you for letting us know! That's about 2,5% of all BLOCKs. That is a lot, but some reward for the Dev is surely appropriate.

So what exactly does this mean? Is this common practice? Did they announce this to the community? Just curious.
Usually a coin is either premined or it isn't. Now that Blocknet moves to a new blockchain this is a chance for the dev to chance some things, just like a premine. A movement to a new blockchain ("production chain") isn't usual , but a premine is for some coins, because the dev team works on the coin fulltime and needs and deserves some money for it. Yes, he did announce it to the community with releasing the production chain sheet and writing the premine into the sheet. Also many Coins do a premine 10%<, so 2,5% is less than the usual.

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R I Z E N
.......White Paper....... .......Node System and Sidechains....... .......Help Desk.......





 
   


   
 
   
gerdab
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August 29, 2017, 11:19:31 PM
 #8012

https://imgur.com/a/Q7nQB
https://imgur.com/a/2rAo9

Blocknet Devs premined the new chain to allocate themselves over 100k BLOCK "Backpay". More than $2.5m At current prices.
Thank you for letting us know! That's about 2,5% of all BLOCKs. That is a lot, but some reward for the Dev is surely appropriate.

So what exactly does this mean? Is this common practice? Did they announce this to the community? Just curious.
Usually a coin is either premined or it isn't. Now that Blocknet moves to a new blockchain this is a chance for the dev to chance some things, just like a premine. A movement to a new blockchain ("production chain") isn't usual , but a premine is for some coins, because the dev team works on the coin fulltime and needs and deserves some money for it. Yes, he did announce it to the community with releasing the production chain sheet and writing the premine into the sheet. Also many Coins do a premine 10%<, so 2,5% is less than the usual.
Dev was already paid with XC premine without releasing nothing. And was paid with BLOCK ICO. Now dev want more premine coins?! I'll not be surprised if dev clames more premine in final release!!
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August 30, 2017, 07:47:03 AM
 #8013

btw will blocknet prevent usage of trading bots?

Looking for investment tip? XBY OMG and ADX, thank me later Wink

If you love me -> BTC: 1JLwEteSwyV3uUXN9dVvSqBnt3nbTHeS6i | ETH 0xb3F6aCa84d2513A444FABcd4dbFb256a82FdE610 Thanks! Cheesy
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August 30, 2017, 08:05:49 AM
 #8014

btw will blocknet prevent usage of trading bots?

Think Arlyn said that there will be API that supports bots to create liquidity...    That's also how block will be bought to support the fee structure of people trading without block.
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August 30, 2017, 08:10:00 AM
 #8015

btw will blocknet prevent usage of trading bots?

Think Arlyn said that there will be API that supports bots to create liquidity...    That's also how block will be bought to support the fee structure of people trading without block.

ah crap, bots are ruining trading ... why to support them :/

Looking for investment tip? XBY OMG and ADX, thank me later Wink

If you love me -> BTC: 1JLwEteSwyV3uUXN9dVvSqBnt3nbTHeS6i | ETH 0xb3F6aCa84d2513A444FABcd4dbFb256a82FdE610 Thanks! Cheesy
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August 30, 2017, 08:15:24 AM
 #8016

btw will blocknet prevent usage of trading bots?

Think Arlyn said that there will be API that supports bots to create liquidity...    That's also how block will be bought to support the fee structure of people trading without block.

ah crap, bots are ruining trading ... why to support them :/

Because they are 90% of the volume in crypto Wink

Never invest more than you can afford to lose!
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August 30, 2017, 04:17:55 PM
 #8017

btw will blocknet prevent usage of trading bots?

Think Arlyn said that there will be API that supports bots to create liquidity...    That's also how block will be bought to support the fee structure of people trading without block.

ah crap, bots are ruining trading ... why to support them :/

Because they are 90% of the volume in crypto Wink
Some are pretty easy to fool... to bring then from a good Sell position... towards the edge... byt putting 2 orders on each side and moving them up and up... before cancelling.

Build a bot that pushes bots to sell lowe(er) or buy high(er) and you start a nice bot wars :-)


Best way to avoid bot trading or bad behavior is to put a COST on the cancellation of a position.
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August 30, 2017, 04:48:23 PM
 #8018

btw will blocknet prevent usage of trading bots?

Think Arlyn said that there will be API that supports bots to create liquidity...    That's also how block will be bought to support the fee structure of people trading without block.

ah crap, bots are ruining trading ... why to support them :/

Because they are 90% of the volume in crypto Wink

yes and no, if you have annoying bots which are overbidding your position by one cent every single time, it's just shitty.


Looking for investment tip? XBY OMG and ADX, thank me later Wink

If you love me -> BTC: 1JLwEteSwyV3uUXN9dVvSqBnt3nbTHeS6i | ETH 0xb3F6aCa84d2513A444FABcd4dbFb256a82FdE610 Thanks! Cheesy
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August 30, 2017, 07:36:52 PM
 #8019

So basically I just need to download the new wallet on September 1st and load my .dat file to recover my balance ?

Sorry if it has been explained before

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August 30, 2017, 08:37:10 PM
 #8020

for everyone:

Steps for migrating from old chain to new chain

    backup your wallet.dat before you doing anything (make 2 separate copies)
    unlock wallet from the UI (fully unlocked, not just for staking)
    Use the debug console and type dumpwallet filename.txt (replace "filename.txt" with a name of your choice). The file will be located in the directory you launched the wallet from

Download New Wallet

    launch wallet
    in debug console importwallet filename.txt replace filename.txt with that you used with the dumpwallet command
    verify addresses
    via debug console type listreceivedbyaddress 0 true

When to move your wallet.dat and start using the new wallet

    it is not important when you download the new wallet, sync up, and move your wallet.dat to its directory.
    however, your new wallet's balance will remain zero until the migration on 1 September.
    a snapshot will be taken on 1 September, after the final block on the old chain. The first block to be created after 08:00 PDT (15:00 UTC) shall be the final block.
    once the snapshot is applied to the new chain, your balance will reflect in the new wallet
    you can expect (centralized) exchanges to re-enable trading once they have confirmed that the new chain is functioning as expected.

Funds will arrive on Sept 1
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