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kingbtcvl
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October 27, 2014, 07:35:47 AM |
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You can buy Blocknet tokens using any participating coin.
At Bter and Bittrex there will probably only be a BTC:BLOCK pairing.
At Poloniex there will probably be a BTC:BLOCK and NHZ:BLOCK pairing.
At CoinGateway all the other coins will be paired to BLOCK.
After the ITO, only BTC:BLOCK pairings will be available (because it makes no sense for participating coins to trade against the Blocknet when they function to give value to the Blocknet).
could you please explain how the 10 % discount using any of the participating coins will be managed exactly? considering for example the nhz:block pair on poloniex when and how will the its price be determined? will it be a fixed price or will automatically adjust to the current btc:nhz price? |
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mxxxxxx
Legendary
 Offline
Activity: 2310
Merit: 1000
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October 27, 2014, 07:47:24 AM |
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You can buy Blocknet tokens using any participating coin.
At Bter and Bittrex there will probably only be a BTC:BLOCK pairing.
At Poloniex there will probably be a BTC:BLOCK and NHZ:BLOCK pairing.
At CoinGateway all the other coins will be paired to BLOCK.
After the ITO, only BTC:BLOCK pairings will be available (because it makes no sense for participating coins to trade against the Blocknet when they function to give value to the Blocknet).
could you please explain how the 10 % discount using any of the participating coins will be managed exactly? considering for example the nhz:block pair on poloniex when and how will the its price be determined? will it be a fixed price or will automatically adjust to the current btc:nhz price? You will be able to buy with participating coins at a 10% discount through Coingateway , it is very simple to use You don`t have to register there , you're given an address to pay your participating coin to, and you enter an address to receive BLOCK tokens The reason for this is that only BLOCK:BTC pairings will persist after the ITO. Exchanges won't be keen to add a pile of new pairings only to remove them shortly afterwards. Unless exchanges decide to do any additional pairing. For pricing, we'll pick prices of Blocknet tokens at the start time of the ICO based on a recent average (exact algorithm TBD). Then we'll deduct 10%, and put up a sell wall there. Any discrepancies in price between coins will be arbitraged by traders, and so the market will converge on a 10% discount no matter what coin you use. Supply of BLOCK tokens will be distributed accordingly , supplies will be moved from one place to another if it is needed |
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McHammer
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October 27, 2014, 07:59:25 AM
Last edit: October 27, 2014, 08:10:38 AM by McHammer |
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nice my posts get deleted .
that blocknet faq is a piece of shit. Full of bold statements without any proof. an insult to my intelligence.
just wrong.
selling 900% Profit shame in you.cqnt Trust persona writing such a hypeshit .
Nono .... Not watering down value ... look at xc.
yes im mad, but i have good reasons to be mad.
bye
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altcoincasinogulagshoppingshow FUD is good, look @altcoin prices ...
pls fud me hard via pm
id appriciate that.
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mxxxxxx
Legendary
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Activity: 2310
Merit: 1000
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October 27, 2014, 08:02:35 AM |
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nice my posts get deleted .
that blocknet faq is a piece of shit. Full of bold statements without any proof. an insult to my intelligence.
just wrong.
Nono .... Not watering down value ... look at xc
McHammer, some of your posts were deleted either for being abusive or for ignoring my answer to your question and repeating your (abusively worded) complaint.
I answered your other questions though, and you're very welcome to continue discussing them.
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McHammer
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October 27, 2014, 08:24:56 AM |
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answered by referring to rhe faq , which is shit.
gr8.this faq predicts 900% gains.cant take that seriously.sorry but that was Too Bolt.
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altcoincasinogulagshoppingshow FUD is good, look @altcoin prices ...
pls fud me hard via pm
id appriciate that.
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synechist (OP)
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Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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October 27, 2014, 08:36:34 AM |
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gr8.this faq predicts 900% gains.cant take that seriously.sorry but that was Too Bolt.
Huh? No it does not predict 900% gains. What FAQ are you looking at? This is the FAQ: https://bitcointalk.org/index.php?topic=829576.msg9269808#msg9269808 |
Co-Founder, the Blocknet
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burner2014
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October 27, 2014, 08:42:06 AM |
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answered by referring to rhe faq , which is shit.
gr8.this faq predicts 900% gains.cant take that seriously.sorry but that was Too Bolt.
Man if you jealous don't buy Blocknet. If you don't like XC because you made 100% loss with XC of the last days, be mad XC, but not at Blocknet. Here is everything well structured and the Mods try to answer all our questions. If they cannot answer a question, for example my question on what is the minimum of tokens to be sold to have a successful project, they getting back to us later. There will be some more information before Wednesday so be a bit patient. Thanks. |
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adhitthana
Legendary
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Activity: 1190
Merit: 1000
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October 27, 2014, 09:45:24 AM |
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Does anyone know how coingateway works?
If i want to buy the blocknet with XC, do I deposit XC at coingateway?
You're given an address to pay XC to, and you enter an address to receive BLOCK on. Press the button and off it goes... So do I need to download a BLOCK wallet now? |
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mxxxxxx
Legendary
Offline
Activity: 2310
Merit: 1000
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October 27, 2014, 09:47:38 AM |
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Does anyone know how coingateway works?
If i want to buy the blocknet with XC, do I deposit XC at coingateway?
You're given an address to pay XC to, and you enter an address to receive BLOCK on. Press the button and off it goes... So do I need to download a BLOCK wallet now? You will be able to download a wallet before the ITO and you will be able too to create address for example on Bittrex and send tokens from Coingateway there |
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g0re79
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October 27, 2014, 10:15:56 AM |
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You should at least be honest - the fact that You removed this prediction does not mean it was not there before. Anyway, I can´t see any benefit in blocknet, as there already are few other players, including sidechains, which probably win. |
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cryptico
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October 27, 2014, 10:28:01 AM |
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You should at least be honest - the fact that You removed this prediction does not mean it was not there before. Anyway, I can´t see any benefit in blocknet, as there already are few other players, including sidechains, which probably win. who are the few other players and what do they have better than the blocknet? |
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synechist (OP)
Legendary
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Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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October 27, 2014, 10:29:13 AM |
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You should at least be honest - the fact that You removed this prediction does not mean it was not there before. Anyway, I can´t see any benefit in blocknet, as there already are few other players, including sidechains, which probably win. Be "honest"? Are you nuts? 1) With regard to questions that have nothing to do with this 900% gains stuff, I referred McHammer to the *current* FAQ. This has nothing to do with the content of previous FAQs. 2) In the one question where McHammer did refer to 900% gains I requoted my public apology for previously including that paragraph. https://bitcointalk.org/index.php?topic=829576.msg9335337#msg9335337. I'm not hiding anything. I'm being open about it. If you can't see any benefit to the Blocknet, you've probably not seen what the Blocknet actually is, having been blinded by your preconceptions. Sidechains are not an "internet of Blockchains." They're not even a decentralised exchange. They're certainly not an XBridge that can integrate every *existing* blockchain. What's a better plan: integrate every existing blockchain, or persuade every altcoin to scrap its blockchain, its community, and its market cap, rewrite itself as a sidechain, and play tag-along to the Bitcoin Foundation? Easy one, that. |
Co-Founder, the Blocknet
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onemorebtc
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October 27, 2014, 10:34:21 AM |
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They're certainly not an XBridge that can integrate every *existing* blockchain. What's a better plan: integrate every existing blockchain, or persuade every altcoin to scrap its blockchain, its community, and its market cap, rewrite itself as a sidechain, and play tag-along to the Bitcoin Foundation? Easy one, that.
is it true that blocknet can integrate every blockchain? i thought its the other way around: a coin has to join? |
transfer 3 onemorebtc.k1024.de 1
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hoertest
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October 27, 2014, 10:38:25 AM |
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They're certainly not an XBridge that can integrate every *existing* blockchain. What's a better plan: integrate every existing blockchain, or persuade every altcoin to scrap its blockchain, its community, and its market cap, rewrite itself as a sidechain, and play tag-along to the Bitcoin Foundation? Easy one, that.
is it true that blocknet can integrate every blockchain? i thought its the other way around: a coin has to join? a bit of both. the coin devs have to decide if they wanna join by building the xbridge into their wallet. that should work with every blockchain though. |
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onemorebtc
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October 27, 2014, 10:41:59 AM |
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They're certainly not an XBridge that can integrate every *existing* blockchain. What's a better plan: integrate every existing blockchain, or persuade every altcoin to scrap its blockchain, its community, and its market cap, rewrite itself as a sidechain, and play tag-along to the Bitcoin Foundation? Easy one, that.
is it true that blocknet can integrate every blockchain? i thought its the other way around: a coin has to join? a bit of both. the coin devs have to decide if they wanna join by building the xbridge into their wallet. that should work with every blockchain though. its a big difference... this for example essential means that btc will never join and therefor MANY coins cannot be exchanged. another question: blocknet is about services (which is not bad) is there some kind of p2p-google to find them? how would i implement a service (lets say escrow for simplicitys sake) without developing a new coin? and how would my users find and use me? EDIT: it should be possible for a third party to develop a btc-sidechain and integrate that into blocknet. but afaik this also needs coin support for sidechains (and as soon as you have sidechains you can easily integrate features (NOT services) without any fear of slippage) |
transfer 3 onemorebtc.k1024.de 1
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synechist (OP)
Legendary
Offline
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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October 27, 2014, 10:45:21 AM |
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They're certainly not an XBridge that can integrate every *existing* blockchain. What's a better plan: integrate every existing blockchain, or persuade every altcoin to scrap its blockchain, its community, and its market cap, rewrite itself as a sidechain, and play tag-along to the Bitcoin Foundation? Easy one, that.
is it true that blocknet can integrate every blockchain? i thought its the other way around: a coin has to join? The XBridge will be open source tech. Anyone can add it to their code. The plan is to create an internet of blockchains; therefore the architecture we create will be indefinitely extensible and not centrally controlled. However, at least initially (and potentially for the indefinite future) we also require that coins be ratified by the Blocknet Foundation. This is in order to exclude "scamcoins" and to make it unviable for them to compete against Blocknet-enabled coins. |
Co-Founder, the Blocknet
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synechist (OP)
Legendary
Offline
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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October 27, 2014, 10:46:20 AM |
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its a big difference... this for example essential means that btc will never join and therefor MANY coins cannot be exchanged.
Anyone could create a Blocknet-enabled BTC wallet. |
Co-Founder, the Blocknet
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onemorebtc
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October 27, 2014, 10:47:50 AM |
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They're certainly not an XBridge that can integrate every *existing* blockchain. What's a better plan: integrate every existing blockchain, or persuade every altcoin to scrap its blockchain, its community, and its market cap, rewrite itself as a sidechain, and play tag-along to the Bitcoin Foundation? Easy one, that.
is it true that blocknet can integrate every blockchain? i thought its the other way around: a coin has to join? The XBridge will be open source tech. Anyone can add it to their code. The plan is to create an internet of blockchains; therefore the architecture we create will be indefinitely extensible and not centrally controlled. However, at least initially (and potentially for the indefinite future) we also require that coins be ratified by the Blocknet Foundation. This is in order to exclude "scamcoins" and to make it unviable for them to compete against Blocknet-enabled coins. that means central control: something the internet never had... as the blocknet foundation mainly consists of developers of existing coins this means new coins would have a hard way to join |
transfer 3 onemorebtc.k1024.de 1
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hoertest
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October 27, 2014, 10:48:42 AM |
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They're certainly not an XBridge that can integrate every *existing* blockchain. What's a better plan: integrate every existing blockchain, or persuade every altcoin to scrap its blockchain, its community, and its market cap, rewrite itself as a sidechain, and play tag-along to the Bitcoin Foundation? Easy one, that.
is it true that blocknet can integrate every blockchain? i thought its the other way around: a coin has to join? a bit of both. the coin devs have to decide if they wanna join by building the xbridge into their wallet. that should work with every blockchain though. its a big difference... this for example essential means that btc will never join and therefor MANY coins cannot be exchanged. another question: blocknet is about services (which is not bad) is there some kind of p2p-google to find them? how would i implement a service (lets say escrow for simplicitys sake) without developing a new coin? and how would my users find and use me? well btc is a special case . as i understand there are several third party btc wallets so one with the xbridge enabled could be build. regarding finding . the internet doesn't stop with blocknet arrival. this is getting started and a p2p google is a great vision btw but traditional vehicles of marketing your services available on the blocknet will still be used specially in the beginning. |
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onemorebtc
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October 27, 2014, 10:48:46 AM |
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its a big difference... this for example essential means that btc will never join and therefor MANY coins cannot be exchanged.
Anyone could create a Blocknet-enabled BTC wallet. ok, that answers my question: so there is NO work required from a coin dev? any dev can adopt blocknet for any existing coin? thats nice  and this is trustless? |
transfer 3 onemorebtc.k1024.de 1
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