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

[truxton]

Word on the BLOCK: 15th February.  https://steemit.com/blocknet/@theblocknet/word-on-the-block-15th-february

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[welpboy]

What is the roadmap of the this DEX? When Blocknet will be up and running?

[anonimogmr]

What is the roadmap of the this DEX? When Blocknet will be up and running?

https://medium.com/blocknet/word-on-the-block-january-30th-e53430b9311a

- March 1st — DX Brand Reveal & DX UI Beta Launch

[galio_ico]

that's seem to be so much event's going on next month for BLOCK right....
^^
a friend told me to hold this, but honestly, I don't really know much about it.
I've just heard something realate about Decentralize exchange.
how can a coin create a exchange, and how that exchange works. can somebody give me some specific information. thank you!

[free-bit.co.in]

What is the roadmap of the this DEX? When Blocknet will be up and running?

https://medium.com/blocknet/word-on-the-block-january-30th-e53430b9311a

- March 1st — DX Brand Reveal & DX UI Beta Launch

Can't wait to see the DX UI Beta launch in live action! 

Also, do I need to have the wallet unlocked to be available to stake the coins?

[truxton]

that's seem to be so much event's going on next month for BLOCK right....
^^
a friend told me to hold this, but honestly, I don't really know much about it.
I've just heard something realate about Decentralize exchange.
how can a coin create a exchange, and how that exchange works. can somebody give me some specific information. thank you!

Hi.  Hopefully this will explain things for you.  All the best.  

https://medium.com/@theblocknetchannel/understanding-a-decentralized-exchange-eee9e1043f45

[truxton]

[dzimbeck]

Hmm my wallet says "Staking not active" despite being unlocked. Why is this?

[Ferdo]

Do you need to have your wallet open 24/7 for optimal staking?

[truxton]

Hmm my wallet says "Staking not active" despite being unlocked. Why is this?

Please join our discord wallet channel: https://discordapp.com/invite/2e6s7H8

[truxton]

Do you need to have your wallet open 24/7 for optimal staking?

Yes. Unlock it for anon and staking only.

[KBSugg]

Just wanted to swing by and say thanks to the dev team for creating Block Net... Ive been hodling for over 6 months now and plan on hodling for quite a while. Its probably my favorite coin and I look forward to seeing this new user interface in action. Thanks!

[Irky]

Hmm my wallet says "Staking not active" despite being unlocked. Why is this?

Could be that you don't have any mature coins in your wallet.  Also, if you have a node, I'm pretty sure that you have to move reward coins in the client wallet from the locked client address to a different wallet address after you receive them in order for them to stake.

[sgtwiggles]

ALTCOIN OF THE WEEK: BLOCKNET



full article: https://globalhalo.com/2018/02/19/altcoin-of-the-week-blocknet/

[BitBaydev]

Just a heads up... I'm assuming you guys have this covered.

This was told to us in a recent convo about size of hashes

David,
Just for your info...
Blocknet is already aware.

https://gist.github.com/markblundeberg/7a932c98179de2190049f5823907c016

https://github.com/bitcoin/bips/blob/master/bip-0180.mediawiki (edited)

Here is 86B's response on this glitch

86b - Yesterday at 10:33 PM

"Doesn’t apply to Blocknet as mentioned here:
    ""The atomic swaps from decred's setup look to be accidentally immune since the supported cryptocurrencies appear to all be forked from bitcoin and thus have  the same 520 byte limit.""

"We dont support instances where this can be gamed, and we thoroughly vet our coins as we add them to prevent this from occurring altogether.  Also, the xbridge itself is automatically generating the raw transactions involved in trades and anything done manually will be rejected by the DX platform itself"

My response is as follows...

Hey so that second comment had me a little bit concerned. If the xbridgde is a 3rd party and they make the raw they cannot know the hash in advance. If a 3rd party knows the hash then they can collude on the deal by brokering their own trade.

The hash is a secret that must only be known to the person selling X-Coin for Y-Coin

As long as blocknet only supports coins of 520 bytes you have nothing to worry about

but if anything bigger or smaller is chosen for trading pair then indeed a size check must happen on the hash

[lfcg83]

Whats the difference bettewen Blocknet and Cryptobridge?

[hanniabu]

Whats the difference bettewen Blocknet and Cryptobridge?

There are a few, but I'll stick to the 2 main differences.

Blocknet is a trustless interoperability protocol that enables the transfer of data and value across different blockchains. The Blocknet DEX is built on this protocol. Anyone else can build a DEX or other services using this protocol as well and liquidity is shared among all the services.

Blocknet DEX is also trustless while cryptobridge is not. A few weeks ago cryptobridge users were having issues with deposits and withdrawals where the team had to help the users out. This is one of a few key indicators for whether an exchange is truly decentralized or of it is a hybrid exchange. With a trustless DEX like Blocknet's,  every trade is done from the users own wallet. The only support the Blocknet team would be able to give is usability related since everything else is trustless.

[Xaltotun]

Any idea on the status of Omni assets to be useable on the Blocknet? Agoras is being delisted next month from Bittrex and would be nice to see them supported on Block's dex.

Keep up the good work devs, next month is going to be am exciting one!

[wuzzap8989]

how is the status of the multispv wallet? i think direct atomic swaps will be too expensive if you want botting and daytrading...

[theskillzdatklls]

i actually own a lot of blocknet but i know surprisingly little about it. what is the tx/sec that blocknet is capable of processing? is there also a future road map? i know major companies like binance have an open csi question to the world asking for a platform that can manage 1m tx/sec. im wondering how scalable this project is relative to others.