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Author Topic: [ANN][Blocknet] truly decentralized exchange | token ecosystem infrastructure  (Read 1103306 times)
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mr_random
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October 23, 2014, 09:21:13 PM
 #501

Sorry if this has been asked already, but if we buy these tokens on an exchange, can we withdraw them or do we have to wait for the asset exchange before we can redeem them?

I would prefer a way to immediately be able to withdraw my tokens and not rely on a centralised exchange... There have been way too many exchanges that have messed up in the last year, seems like a gamble leaving my tokens on one of these exchanges for potentially months.

You'll be able to redeem them to a regular PoS wallet until they can be redeemed for NHZ assets.



Can you please elaborate on how we can redeem the tokens to a regular PoS wallet? What wallet? I want to be withdrawing my tokens off the exchange the same day I buy them.

Also, what is the timeline for delivery of this project?

Thanks in advance.

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mr_random
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October 23, 2014, 09:23:15 PM
 #502

Potential Investors

Please speculate how much returns we can get by holding the tokens?

If we all knew, wouldn't that make life easy? IMO it will have a good ROI

I think it has potential for an amazing ROI but investors need to think long term. Not crypto long term of 2 weeks or 4 weeks. Like a year or two.

The value of the tokens outside of the speculative realm will be derived from their earnings, which depends on how much the Blocknet is used. It will take time for large amount of Blocknet adoption.

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Forex82
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October 23, 2014, 09:24:20 PM
 #503

How many tokens are people thinking about getting?

 2000-5000 Tokens   Roll Eyes
Aderks
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October 23, 2014, 09:33:15 PM
 #504

I may have missed it. But will there be coin pairing of all coins (ex XC/BLOCK) on poloniex? or just BTC/BLOCK?
mxxxxxx
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October 23, 2014, 09:43:20 PM
 #505

I may have missed it. But will there be coin pairing of all coins (ex XC/BLOCK) on poloniex? or just BTC/BLOCK?

When ITO starts there will be sell walls of BlockNet tokens on Bittrex , Poloniex , Bter - pairs BTC/BLOCK

You will be able to buy also BlockNet tokens on coingateway.net with participating currencies at a 10% discount

After ITO, BlockNet shares will be still tradeable on mentioned exchanges , BLOCK/BTC pairs will stay there

Are we able to sell the tokens for BTC after the sale is over?

Yup. At Bittrex, Poloniex, Bter, and Coingateway.

The BTC:BLOCK pairing will continue until tokens are redeemable for NHZ assets (when fee payouts begin).


synechist (OP)
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October 23, 2014, 09:57:32 PM
 #506

Sorry if this has been asked already, but if we buy these tokens on an exchange, can we withdraw them or do we have to wait for the asset exchange before we can redeem them?

I would prefer a way to immediately be able to withdraw my tokens and not rely on a centralised exchange... There have been way too many exchanges that have messed up in the last year, seems like a gamble leaving my tokens on one of these exchanges for potentially months.

You'll be able to redeem them to a regular PoS wallet until they can be redeemed for NHZ assets.



Can you please elaborate on how we can redeem the tokens to a regular PoS wallet? What wallet? I want to be withdrawing my tokens off the exchange the same day I buy them.

Also, what is the timeline for delivery of this project?

Thanks in advance.

Hey hey

You will be able to send the tokens to a Blocknet PoS wallet that we'll make available for download before the ITO.

This is a temporary state of affairs, and will only be in effect until the Blocknet technology is ready and tokens are redeemed for assets at the NHZ asset exchange.


Co-Founder, the Blocknet
Aderks
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October 23, 2014, 10:07:14 PM
 #507

I may have missed it. But will there be coin pairing of all coins (ex XC/BLOCK) on poloniex? or just BTC/BLOCK?

When ITO starts there will be sell walls of BlockNet tokens on Bittrex , Poloniex , Bter - pairs BTC/BLOCK

You will be able to buy also BlockNet tokens on coingateway.net with participating currencies at a 10% discount

After ITO, BlockNet shares will be still tradeable on mentioned exchanges , BLOCK/BTC pairs will stay there

Are we able to sell the tokens for BTC after the sale is over?

Yup. At Bittrex, Poloniex, Bter, and Coingateway.

The BTC:BLOCK pairing will continue until tokens are redeemable for NHZ assets (when fee payouts begin).


Thanks for the quick answer!
provenceday
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October 24, 2014, 01:01:15 AM
 #508

https://bitcointalk.org/index.php?topic=833190.0

BlockNet Chinese Translation done.

 Smiley
Fielding
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October 24, 2014, 04:00:25 AM
 #509

All these coins want to integrate Blockchain technology with IoT(Internet of Things)

IBM‘s Adapt project and Tilecoin will use telehash protocol, While BlockNET use Xbridge Protocol(maybe also similar as Telehash protocol??)

About Telehash: http://telehash.org/

1 About IBM’s Adept Project:



About the blockchain technology and IOT(Internet of things)news:
1 http://www.coindesk.com/ IBM Adapt Project
IBM Executive Highlights Block Chain's Utility for Internet of Things
2 https://medium.com/@twobitidiot/adept-ibm-samsung-bitcoin-8ccbbfc1ff04
Adept: IBM, Samsung, Bitcoin?
3 https://gigaom.com/2014/09/09/check-out-ibms-proposal-for-an-internet-of-things-architecture-using-bitcoins-block-chain-tech/
Check out IBM’s proposal for an internet of things architecture using Bitcoin’s block chain tech

2 About Tilecoin

Tilecoin Thread:
https://bitcointalk.org/index.php?topic=761852.0

IoT (Internet of Things)
Hardware is ordered and awaiting shipment.
Waiting for meeting with Jeremie Miller from http://telehash.org
Firmware/Software in planning phase
Basically, Individuals/Companies can use the wallet to manage their IoT devices and be able to accept TileCoin/Bitcoin for data being transmitted from their IoT device.

3 About BlockNET

BlockNET Thread and Xbridge protocol:
https://bitcointalk.org/index.php?topic=829576.0
[ANN][Blocknet] The internet of blockchains / XBridge / true cross-chain P2P

4 About Telehash:
Telehash: It’s one thing for devices to use block chain to understand contracts and capabilities, but they also need to communicate it, which is why Adept is using Telehash, a private messaging protocol that was built using JSON to share distributed information. It’s creator Jeremie Miller says at its simplest telehash is a “very simple and secure end-to-end encryption library that any application can build on, with the whole point being that an “end” can be a device, browser, or mobile app.” He added, “Perhaps, you can think of it as a combination of SSL+PGP that is designed for devices and apps to connect with each other and create a secure private mesh?” A new version of the software is expected soon.

Internet of Things is the future technology,which can change a lot.


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AltCoinTroll
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October 24, 2014, 05:47:55 AM
 #510

https://bitcointalk.org/index.php?topic=833190.0

BlockNet Chinese Translation done.

 Smiley

This should bring in some serious Chinese investors.
mxxxxxx
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October 24, 2014, 06:01:32 AM
 #511

https://bitcointalk.org/index.php?topic=833190.0

BlockNet Chinese Translation done.

 Smiley

Thank you for support

mxxxxxx
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October 24, 2014, 06:09:26 AM
 #512


All these coins want to integrate Blockchain technology with IoT(Internet of Things)

IBM‘s Adapt project and Tilecoin will use telehash protocol, While BlockNET use Xbridge Protocol(maybe also similar as Telehash protocol??)



Since DHT alone doesn't meet the requires of XBRIDGE, we won't be cloning anything.   Xbridge will be a new P2P protocol - merging XNode, DHT and telehash.

trigungx
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October 24, 2014, 06:19:53 AM
 #513

Very excited for Blocknet Smiley
mxxxxxx
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October 24, 2014, 06:45:42 AM
 #514

can blocknet integrate with internet of things?


Adding BTC to Blocknet would be better solution

Sir Synechist,

Charlie Shrem is saying ALT coins are dead with the new whitepaper on Sidechains. Care to respond to his comments on twitter? If ALT are dead, will the Blocknet host the Sidechains or the other way around Wink



They are going to clone all the innovative alts and make sidechains based on them. The monopoly power of bitcoin will be used to push adoption of these clones and destroy the originals. So they will not only be stealing innovation and destroying equity, their plan will also have a chilling effect on future innovation in this space. Why would a brilliant person develop a new coin only to have it stolen by the monopoly? A sane alternative would be the blocknet, where everyone is free to innovate and compete, but try telling that to bitcoiners.

That...That actually makes sense. If Bitcoin sidechains do happen, then there would be no incentive for further innovation to happen in the cryptocurrency world. Blocknet would probably be the solution to that, a way out of the Bitcoin monopoly.

If Bitcoin was added to the blocknet it would gain all those features without risk to its self. It would be epic!

mxxxxxx
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October 24, 2014, 09:02:54 AM
 #515

You can read now a nice article about FIBRE from Jean-Pierre Buntinx

It is always good to have more info about participating coins and developers

http://www.cryptoarticles.com/featured/fibre-offers-anonymity-privacy-their-very-own-operating-system-and-so-much-more

dannyspk
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October 24, 2014, 09:08:32 AM
 #516

I see CoinGateway is already prepared for the ITO on the 29th.
mav137
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October 24, 2014, 10:04:47 AM
 #517

I see CoinGateway is already prepared for the ITO on the 29th.

Yes, good!
There is no account needed there either
mxxxxxx
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October 24, 2014, 10:38:05 AM
 #518

I see CoinGateway is already prepared for the ITO on the 29th.

Yes, good!
There is no account needed there either

Yes, it is very easy to use, i see participating coins are appearing there now also

policymaker
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October 24, 2014, 10:40:04 AM
 #519

I see CoinGateway is already prepared for the ITO on the 29th.

Yes, good!
There is no account needed there either

really nice to see that, apart from the fact that the logo is a rip off from Nintendo's Gamecube Tongue

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October 24, 2014, 11:39:04 AM
 #520

Can I clarify what I think is a fundamental difference from SuperNET?
BlockNET is collecting money through the ITO for development. SuperNET ICO funds will be used to purchase shares in coins and revenue-generating assets. (It is also entering into revenue-share agreements, of course, without taking an equity stake.) BlockNET is presumably relying on revenue sharing with its partners?
If that's the case, then there is an obvious distinction in the type of organisations they are, reflected in the NAV, risk, reward and approach to growth of each (and consequently appealing to different demographics).
Is this correct?
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