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Author Topic: [ANN][Blocknet] truly decentralized exchange | token ecosystem infrastructure  (Read 1103308 times)
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Itty Bitty
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September 07, 2017, 08:50:59 PM
Last edit: September 07, 2017, 09:20:04 PM by Itty Bitty
 #8121


Well, you should join Blocknet Slack for further advice on this, but two points immediately jump to mind:

1. It does take a while in general to sync the chain in a new wallet, and transactions and associated tokens in the wallet start appearing in temporal order as it syncs.  Couldn't tell for sure if you actually waited to see what happened when you were completely sync'd, but since you are in the new chain which is still now only a few days old then that shouldn't take very long, so I doubt that's your problem (but just thought I should mention it anyway).

2. Reading between the lines, it appears that you do not realize that the directory where you have your exe files is not the target data directory for your wallet, so a wallet.dat file placed there will not be used by the wallet software - most likely this is your problem.  The target directory will be by default inside your system user AppData folder if you are in Windows OS.  When starting up on a new computer you can let the wallet create a target directory upon first startup (it will prompt you for a path, or you can just let it go to AppData by default).  Then shut down the wallet, go to that newly created wallet data directory and either overwrite just the wallet.dat file, or you can also overwrite the entire target directory with one copied from your previous machine.  If you only use the wallet.dat, then the chain will have to download and sync again.  If you use the whole directory then the blockchain data from previously sync'd wallet is retained and your new installation will sync much faster.  (You could also copy in your whole directory before even starting the wallet for the first time, and then just target its path if not in the default path when you start the wallet up.)

Hope that helps.  

PS:  if you are not that technical, then you may also not know how to find the AppData directory because it is often hidden in Windows. If you go in Explorer to your user directory, and then type \AppData after your name in the path bar, then that directory should appear.


Thanks for the thoughtful reply. Your first comment is probably not the issue, but quite possibly my problem may have something to do with the second comment you made.

The four .exe files and the wallet.data file are in a directory I completely made up. I dragged the wallet.dat file ( from computer 1 now in computer 2) to the Roaming folder in computer 2, and deleted the existing wallet.dat file that was there. But on wallet re-start, I see a new wallet.dat file pop into existence amongst the other files, so there are now 2 wallet.dat files. (When I say "other files" I am talking under BlocknetDX --> Roaming. There are 5 folders there [Backup, Blocks, Chainstate, Database, Log] and around 10 different .dat, .conf, and .log individual files).

But no matter what I do with the wallet.dat file from computer 1, the transactions do not show up on computer 2. In addition, the encryption I put in the wallet in computer 1 doesn't transfer to the wallet in computer 2, and it asks me for a new phrase or password instead of asking for the password I put in computer 1 (I guess maybe it's also part of the wallet.dat file?). Something seems to be lost in translation between computer 1, Dropbox, and computer 2.

If you think you see anything from what I've written, please let me know, otherwise I'll go to slack per recommendation. Thanks.


Edit: One more thing. I checked the db.log file, and the following is written

wallet.dat: unable to flush: No such file or directory
wallet.dat: No such file or directory
wallet.dat: unable to flush: No such file or directory


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September 09, 2017, 09:09:38 PM
 #8122

Is there some kind of tutorial of how to make a trade using the blocknet?

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September 10, 2017, 04:23:21 PM
 #8123

Being able to generate a huge profit and limiting the number of possible nodes is not a good thing.  It just encourages the few people that were able to get nodes early to sell off their earnings from the node.  It's just going to be constant sell pressure that drives the price down.   

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September 11, 2017, 02:10:37 AM
 #8124

well im liking this project!




.




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sluggo
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September 12, 2017, 02:03:07 AM
 #8125

what are the most popular trading pairs on the DX
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September 12, 2017, 03:04:12 PM
 #8126

Click to play!

Demo of NEW Blocknet Wallet with Built-in Decentralized Exchange! Video showing and describing how MONA was traded for LTC on the Blocknet's Decentralized Exchange built into the new BlocknetDX wallet.


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September 12, 2017, 08:15:34 PM
 #8127

Heres the numbers on node profitability as of this morning, pretty crazy stuff.



Very cool. Block is twice as profitable to ruin a node than Dash at half the cost. I don't expect that to last.

If I only had an extra 125k to buy a masternode. This would make some great passive income but the profits are considered at todays rates, if you held the reward it would be worth even more in the future. I get rewards from a partial masternode when dash was only 10$, .1 dash was only worth 1$ and now it's worth 35$. So the rewards in blocknet will be even more in a year

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September 12, 2017, 10:09:11 PM
 #8128

Completely new to Blocknet, great stuff!
Especially when centralized exchanges are under pressure.

Still have to understand the dynamics of the token. Will study.
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September 13, 2017, 02:29:50 AM
 #8129

Being able to generate a huge profit and limiting the number of possible nodes is not a good thing.  It just encourages the few people that were able to get nodes early to sell off their earnings from the node.  It's just going to be constant sell pressure that drives the price down.   

Really have you seen dash?

Blocknet had an actual use which will just be epic.


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September 13, 2017, 09:29:25 AM
 #8130

Can someone confirm if the Blocknet token are just used to run a masternode ?

How about the collected "tiny" trading fees? How much is it and who earns them ? The community of masternodes ?
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September 13, 2017, 02:01:47 PM
 #8131

Im looking to set up some nodes and read the guide and have some questions. I have a old computer which I used before to store my wallets that I would like to use to run the service nodes. But if I opened like 3/4 wallets at the same time on that pc it became very slow. If I understand correctly you have to download all the blockchains of the coins you want to be able to recieve fee from right? So if I want to support all coins or a majority should I buy a new pc with higher specs I think? What specs would be needed?

Secondly I read that a node is more profitable to run then just staking (if you have over 5000 coins) so the service nodes must get a larger % of the blockreward then I think since trading fee's would still be very low of any at the moment? So if trading on the dx would have more volume then more fee plus a % of the blockreward would be distributed amongst the service nodes that would excist in the future?
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September 14, 2017, 09:21:48 AM
 #8132

Im looking to set up some nodes and read the guide and have some questions. I have a old computer which I used before to store my wallets that I would like to use to run the service nodes. But if I opened like 3/4 wallets at the same time on that pc it became very slow. If I understand correctly you have to download all the blockchains of the coins you want to be able to recieve fee from right? So if I want to support all coins or a majority should I buy a new pc with higher specs I think? What specs would be needed?

Secondly I read that a node is more profitable to run then just staking (if you have over 5000 coins) so the service nodes must get a larger % of the blockreward then I think since trading fee's would still be very low of any at the moment? So if trading on the dx would have more volume then more fee plus a % of the blockreward would be distributed amongst the service nodes that would excist in the future?

Please come and join Slack:
https://blocknet.herokuapp.com/   
Then join the hardware setup channel. Very detailed information is there for the best specs.
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September 14, 2017, 12:56:03 PM
 #8133

Blocknet time is coming very sooonn!
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September 14, 2017, 02:17:17 PM
 #8134

Blocknet time is coming very sooonn!

Can't wait, with all these chinese exchange crap !

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September 14, 2017, 02:20:20 PM
 #8135

how can i store this coin offline?is there any paper wallet generator available?

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September 14, 2017, 03:09:16 PM
 #8136

Can someone confirm if the Blocknet token are just used to run a masternode ?

How about the collected "tiny" trading fees? How much is it and who earns them ? The community of masternodes ?

5000 BLOCK is needed in order to run a service node.  Staking BLOCK secures the network.  The service nodes collect fees which are shared with both the staking and service node pools.  The more volume the DX sees, the more BLOCK everyone will earn!
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September 14, 2017, 03:19:32 PM
 #8137

There will always be constant buying pressure on BLOCK due to the fact that BLOCK will be automatically purchased from the exchange in order to pay for trading fees.  This means that the market price of BLOCK will constantly be sitting on the ask side of the market price.  This process will add immense value to the coin itself due to the continuous buying pressure.  Also - you'll need BLOCK to use its interoperability services outside of the decentralized exchange product itself.
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September 14, 2017, 07:41:49 PM
 #8138

how can i store this coin offline?is there any paper wallet generator available?



There is no paper wallet generator for Blocknet. Instead you can download the wallet and generate public address + private key in it. Setting up the Block wallets needs only few minutes.
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September 15, 2017, 12:04:57 AM
 #8139

how can i store this coin offline?is there any paper wallet generator available?



You can use the BIP38 tools built into the wallet to encrypt your private key.   It's kinda a paper wallet.... The key it generates is encrypted with the pass phrase that you entered.
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September 15, 2017, 03:36:14 AM
 #8140

Owning a node just got cheaper in terms of fiat. Good entry for those.


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We plan to invest over
$1 billion in the regulated, licensed,
and legal businesses to build the IOB Mesh
|
Same Token,IOB
Multiple Regulated
Security Token
ICOs Across the World.
|
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