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

[Dungor]

Guys, whats the point of copying? Why don't you join jl777 and help to get the original out faster instead?

$1mil or $2mil is not easy to come by, it's free money. also supernet is a scam. all these blocknet/supernet coding could be free if these guys believe in innovation and technology

Blocknet will be open source. However only credible coins will be allowed to join this Blocknet. The value of Apple App-store would be less if they didn't screen the apps on it.

[Chris001]

Why copy Supernet? Other than to just make money?

[mxxxxxx]

Guys, whats the point of copying? Why don't you join jl777 and help to get the original out faster instead?

$1mil or $2mil is not easy to come by, it's free money. also supernet is a scam. all these blocknet/supernet coding could be free if these guys believe in innovation and technology

Benthach, you have given no reason why Blocknet tokens "will have no interest and on incentive" (sic).

Unless you can give a reason, your post is purely a subjective opinion.

And unless you can provide a solid argument behind your reason, nobody will be persuaded.

Finally since your post is loaded with emotive and negative terms, it is FUD. Please do not post FUD again here.



Here's a list of reasons why Blocknet tokens are worth buying.


Section 1: The Blocknet is the internet of blockchains; it provides what crypto needs most:

- a feasibly-sized userbase for coins, so their tech can actually get used

- a platform to turn coins' tech into services, so tech can generate revenue

- a method of converting all of crypto into a B2B services offering of incredible power

As such, the Blocknet stands to change the entire landscape of crypto, and become a foundational pillar of crypto for the indefinite future.


Section 2: shareholders get to profit from the Blocknet's status as a foundational pillar:

- holders receive income from fees

- holders profit if their tokens increase in value

[Skatebird]

What price coingateway will use for each participating coin ?? Price will move with real price on exchange?

[mxxxxxx]

Why copy Supernet? Other than to just make money?

Guys, whats the point of copying? Why don't you join jl777 and help to get the original out faster instead?

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.

On the topic of collaboration, personally I'd love it if SuperNET wallets get XBridges at some point. There's a clear benefit to that.
And I expect us to both benefit from each other's code from time to time as the two projects develop. This is one of many ways in which competition can be mutually beneficial.

Here's a list of reasons why Blocknet tokens are worth buying.


Section 1: The Blocknet is the internet of blockchains; it provides what crypto needs most:

- a feasibly-sized userbase for coins, so their tech can actually get used

- a platform to turn coins' tech into services, so tech can generate revenue

- a method of converting all of crypto into a B2B services offering of incredible power

As such, the Blocknet stands to change the entire landscape of crypto, and become a foundational pillar of crypto for the indefinite future.


Section 2: shareholders get to profit from the Blocknet's status as a foundational pillar:

- holders receive income from fees

- holders profit if their tokens increase in value

[RoHoss]

I have read that I get with NHZ 10% discount.

Is this true?

[mxxxxxx]

I have read that I get with NHZ 10% discount.

Is this true?

Yes on Poloniex nhz/block https://poloniex.com/exchange/nhz_block

[Skatebird]

What price coingateway will use for each participating coin ?? Price will move with real price on exchange?

[mxxxxxx]

What price coingateway will use for each participating coin ?? Price will move with real price on exchange?

According to ITO rules " Shares purchased using a participating coin will be sold at a 10% discount. "

How does this work?

You will be able to buy BlockNet tokens at a 10% discount with participating coins through Coingateway.net

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.

The value of participating currencies tracks the exchange rate of BLOCK. Any deviation up or down gives rise to arbitration opportunities between participating currencies, so their prices will all converge around their price relative to BLOCK.

[McHammer]

Why copy Supernet? Other than to just make money?

there is none
wont buy

[satoutaka6612]

That mean assets increase in POS, it will say, just a coin ............

Already, in economy're bankrupt?

[mxxxxxx]

Why copy Supernet? Other than to just make money?

there is none
wont buy

@McHammer

For those that continue to post in such a negative light on Blocknet, Listen up.

The Blocknet is here to stay. Pandora's box has been opened and there is nothing you or anyone else is going to do about it. Regardless of your continued attempts to defile, it will develop, slowly but surely. Your input will most likely be ignored unless there are valid points and less ripping and tearing at the core nature of what is being structured . It really doesn't matter how it compares to other systems being fashioned, there will be many depending on the camp, and that's the nature of competition. You are basically going to need to deal with it and partake in this particular historical movement or move along with your "side" projects or other great adventures. It's that simple. There is nothing keeping you here and there is nobody saying you need to get involved. If you don't wish to purchase within the ITO and take a little risks, move along skippy. We don't wish to listen to your bantering on and on with your narcissistic personality disorder and how you want to protect us from ourselves. Boo-hoo. It's unhealthy and frankly a little unprofessional and annoying.

[mxxxxxx]

That mean assets increase in POS, it will say, just a coin ............

Already, in economy're bankrupt?

3% rate is very low and won`t harm anything

I'm sure someone has asked in the last 53 pages but i dont have the time nor patience to dig, what's the POS % on this? 5%? and also just to make sure i have been informed correctly, launch in 4 1/2 hours? thanks guys sorry if you have been over this already. Normally i would read all of it as i'm sure there is plenty of good troll comedy back there somewhere and i'm a sucker for troll comedy. I assure you i will check it later when I have the time. Thanks and good luck.

to my understanding there is no POS on blocknet shares.  The amount issued during IPO will be the only "coins" or "tokens" that will evert exist.

hmm, i didnt think so either but the wallet has the stake feature.

POS is set to 3% interest

Interest is needed to keep the network strong so people will run their wallets from time to time. Self-evident for people that have read up on POS and POW.
Here is a short summery for those wondering. Block-chain technology is a decentralized time-stamp server. The time-stamp can be generated in two ways, POW where miners generate them or POS where open wallets reach consensus based on PC clock.
When all coins are mined POW coins like bitcoin and litecoin will rely on transaction fees to pay off miners for their service of generating new time-stamps.
POS pays interest to ensure that those with wallets opens their wallet from time to time to help generate a timestamp.

This is why Blocknet has to have POS.
An alternative could have been building it on-top of another coin like NXT, but that's a whole different story of pros and cons.

[dan7777777]

20 mins...  BLOCK is now up on Bittrex....

[mxxxxxx]

20 mins...  BLOCK is now up on Bittrex....

btc/block pairs on exchanges https://bittrex.com/Market/Index?MarketName=BTC-BLOCK , https://poloniex.com/exchange/btc_block , https://bter.com/trade/BLOCK_BTC

nhz/block https://poloniex.com/exchange/nhz_block

Coingateway tab will appear at 5 AM EST when ITO markets open

[lucaing]

Will we be able to buy BLOCK through XC or not???

[mxxxxxx]

Will we be able to buy BLOCK through XC or not???

Yes you will be able to buy BLOCK with participating coins at a 10% discount through Coingateway.net

Coingateway BlockNet ITO tab will appear at 5 AM EST when ITO markets open

[lucaing]

Will we be able to buy BLOCK through XC or not???

Yes you will be able to buy BLOCK with participating coins at a 10% discount through Coingateway.net

Coingateway BlockNet ITO tab will appear at 5 AM EST when ITO markets open

Thank you!
so only through Coingateway.net? i thought i could use bttrex also..

[benthach]

Will we be able to buy BLOCK through XC or not???

you can dump xc for btc and buy block because everyone want to dump their participating coins for BLOCK but with only 20% for all shitcoins is allow  

[mxxxxxx]

Will we be able to buy BLOCK through XC or not???

Yes you will be able to buy BLOCK with participating coins at a 10% discount through Coingateway.net

Coingateway BlockNet ITO tab will appear at 5 AM EST when ITO markets open

Thank you!
so only through Coingateway.net? i thought i could use bttrex also..

BTC/BLOCK pairs on all exchanges

NHZ/BLOCK pair on Poloniex

The rest of participating coins through Coingateway

Read latest update please

The Blocknet: budget, development plans and accountability measures:

Download now!