synechist (OP)
Legendary
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Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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October 28, 2014, 05:10:03 PM |
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Hello, at coingateway.net "Xcash" isn´t displayed to chance for the Blocknet-ITO. will it be added?
I hope so... Yes it will.
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Co-Founder, the Blocknet
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Lyricz
Legendary
Offline
Activity: 1455
Merit: 1033
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October 28, 2014, 05:11:56 PM |
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Perfect, THX.
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mav137
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October 28, 2014, 05:19:28 PM |
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20% available for buy with altcoins? Can we get a countdown timer? Whats the EU time? Should I program my alarmclock?
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Lyricz
Legendary
Offline
Activity: 1455
Merit: 1033
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October 28, 2014, 05:21:24 PM |
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20% available for buy with altcoins? Can we get a countdown timer? Whats the EU time? Should I program my alarmclock? EST ist UTC-5 hours, for example Germany ist UTC+1 hour,.....so it´s 5:00+6h = 11:00 o clock in germany
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mav137
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October 28, 2014, 05:25:02 PM |
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20% available for buy with altcoins? Can we get a countdown timer? Whats the EU time? Should I program my alarmclock? EST ist UTC-5 hours, for example Germany ist UTC+1 hour,.....so it´s 5:00+6h = 11:00 o clock in germany Yes definitely set my alarm clock thanks
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mav137
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October 28, 2014, 05:25:39 PM |
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Good call on the escrow! Thanks
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Revelation
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October 28, 2014, 05:25:56 PM |
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If 850 BTC is the absolute minimum to develop the BlockNet (the cost of developing it) and suppose you raise 2500 BTC, what will you do with the residual funds, i.e. 1650 BTC ? Your Budget is based on 850 BTC, right?
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RoHoss
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October 28, 2014, 05:27:35 PM |
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the_game1224
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October 28, 2014, 05:28:09 PM |
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If 850 BTC is the absolute minimum to develop the BlockNet (the cost of developing it) and suppose you raise 2500 BTC, what will you do with the residual funds, i.e. 1650 BTC ? Your Budget is based on 850 BTC, right?
Also wondering if 850BTC is not raised I realize investors get refunded but I am assuming the project gets completely scrapped and the involved parties go their separate ways?
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mxxxxxx
Legendary
Offline
Activity: 2310
Merit: 1000
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October 28, 2014, 05:28:25 PM |
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itod
Legendary
Offline
Activity: 1974
Merit: 1077
^ Will code for Bitcoins
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October 28, 2014, 05:29:35 PM |
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No matter how quickly the developers answer the surrounding questions about ITO, on crucial one is remaining: How many days before the ITO will all parts of the Blocknet software be opensourced?
It's not enough to announce some parts are/or will be available soon, The date for ITO is set and it is unacceptable without the complete set of software being inspected by the community.
On separate issue, it's a good idea to limit the ITO to Bittrex, it's more transparent that way and immune to arbitrage which will otherwise occur. There's no need to give incentive for trading the Blocknet before the ITO is over, price can only be lower, not higher, then the initial price while the supply of shares with initial price lasts.
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UnicornFarts
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October 28, 2014, 05:30:44 PM |
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No matter how quickly the developers answer the surrounding questions about ITO, on crucial one is remaining: How many days before the ITO will all parts of the Blocknet software be opensourced?
It's not enough to announce some parts are/or will be available soon, The date for ITO is set and it is unacceptable without the complete set of software being inspected by the community.
On separate issue, it's a good idea to limit the ITO to Bittrex, it's more transparent that way and immune to arbitrage which will otherwise occur. There's no need to give incentive for trading the Blocknet before the ITO is over, price can only be lower, not higher, then the initial price while the supply of shares with initial price lasts.
XC still isn't open sourced. Why would they open source Blocknet?
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crackfoo
Legendary
Offline
Activity: 3556
Merit: 1126
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October 28, 2014, 05:32:24 PM |
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No matter how quickly the developers answer the surrounding questions about ITO, on crucial one is remaining: How many days before the ITO will all parts of the Blocknet software be opensourced?
It's not enough to announce some parts are/or will be available soon, The date for ITO is set and it is unacceptable without the complete set of software being inspected by the community.
On separate issue, it's a good idea to limit the ITO to Bittrex, it's more transparent that way and immune to arbitrage which will otherwise occur. There's no need to give incentive for trading the Blocknet before the ITO is over, price can only be lower, not higher, then the initial price while the supply of shares with initial price lasts.
XC still isn't open sourced. Why would they open source Blocknet? good point to consider.
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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 28, 2014, 05:38:07 PM |
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No matter how quickly the developers answer the surrounding questions about ITO, on crucial one is remaining: How many days before the ITO will all parts of the Blocknet software be opensourced?
It's not enough to announce some parts are/or will be available soon, The date for ITO is set and it is unacceptable without the complete set of software being inspected by the community.
On separate issue, it's a good idea to limit the ITO to Bittrex, it's more transparent that way and immune to arbitrage which will otherwise occur. There's no need to give incentive for trading the Blocknet before the ITO is over, price can only be lower, not higher, then the initial price while the supply of shares with initial price lasts.
XC still isn't open sourced. Why would they open source Blocknet? good point to consider. Read the OP unicornfarts. The Blocknet will be open source. Itod, as stated all over the place, the ITO is, in part, to raise funds to write the code. At present only part of the XBridge code has been written. It has not been open sourced at this stage.
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Co-Founder, the Blocknet
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UnicornFarts
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October 28, 2014, 05:46:22 PM |
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It has not been open sourced at this stage. so at what point after raising money do you plan on open sourcing the part you have built?
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Lyricz
Legendary
Offline
Activity: 1455
Merit: 1033
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October 28, 2014, 05:47:40 PM |
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At what date the client will be downloadable to generate a blocknet-adress ? ..also tomorrow at 5:00 EST ?
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itod
Legendary
Offline
Activity: 1974
Merit: 1077
^ Will code for Bitcoins
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October 28, 2014, 05:47:49 PM |
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No matter how quickly the developers answer the surrounding questions about ITO, on crucial one is remaining: How many days before the ITO will all parts of the Blocknet software be opensourced?
It's not enough to announce some parts are/or will be available soon, The date for ITO is set and it is unacceptable without the complete set of software being inspected by the community.
On separate issue, it's a good idea to limit the ITO to Bittrex, it's more transparent that way and immune to arbitrage which will otherwise occur. There's no need to give incentive for trading the Blocknet before the ITO is over, price can only be lower, not higher, then the initial price while the supply of shares with initial price lasts.
XC still isn't open sourced. Why would they open source Blocknet? good point to consider. Read the OP unicornfarts. The Blocknet will be open source. Itod, as stated all over the place, the ITO is, in part, to raise funds to write the code. At present only part of the XBridge code has been written. It has not been open sourced at this stage. In that case, if a software is not yet written, you'll agree that at least a software specification should exist before any development is started. If it's too much to ask for a whitepaper, the specification is a bare minimum to consider the whole development process to be started seriously.
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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 28, 2014, 05:48:39 PM |
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It has not been open sourced at this stage. so at what point after raising money do you plan on open sourcing the part you have built? There's a chance we'll open source it this week. This depends on several factors though, so don't take this post as a commitment to open source it this week. But it's in our interest to build trust with the community, and making the code available (even if partially completed) should facilitate this.
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Co-Founder, the Blocknet
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strunzdumm
Newbie
Offline
Activity: 28
Merit: 0
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October 28, 2014, 05:59:38 PM |
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How much fees BLOCK-holders do earn per token and when is this feature available?
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UnicornFarts
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October 28, 2014, 06:01:34 PM |
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There's a chance we'll open source it this week.
This depends on several factors though, so don't take this post as a commitment to open source it this week.
But it's in our interest to build trust with the community, and making the code available (even if partially completed) should facilitate this. Thank you. I appreciate the actual substance.
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