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devachelekar
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November 19, 2014, 01:28:09 PM |
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When will be the foundation formalized? Any update?  |
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synechist (OP)
Legendary
 Offline
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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November 19, 2014, 01:41:29 PM |
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When will be the foundation formalized? Any update? As soon as possible. It's been the main focus of late, as it's not easy to engage all the different coins' teams and get us all to discuss matters. |
Co-Founder, the Blocknet
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JakeThePanda
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November 19, 2014, 01:53:48 PM |
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I am not getting any wiser here...
What is the problem and how do you solve it?
The problem: "Cryptocurrency projects share a common dream. It is of a future free of central control and the abuses of liberty it engenders... But cryptocurrencies today function as isolated islands, with separate blockchains, nodes and users. As such, our innovations have limited usage, and one project’s advances cannot generate revenue in other networks. Further, this isolation saps resources if multiple projects develop solutions already created by others. While each project on its own is valuable, our combined technology and development skill is priceless." The solution: an inter-blockchain application platform enabling each coin's features to function as services on every coin's apps. Well, success spurs the creation of similar competing projects. If Blocknet is successful, I'm sure there will be other similar projects creating isolated islands of inter-blockchain applications. In the finance world there are many hedge funds, so someone made an investment vehicle where one can invest in many funds under one investment called "Fund of Funds". Years later, there are many different "Fund of Funds" and we are back where we started from, the only difference is the fees we pay to invest in a "Fund of Funds" are much higher than an individual fund. Do you follow where I'm going with this? |
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synechist (OP)
Legendary
Offline
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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November 19, 2014, 02:17:15 PM |
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Jake you're right. The Blocknet's tech will not be alone in the marketplace.
We'll be competing with whoever else tries to do what we're doing.
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Co-Founder, the Blocknet
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ndrog
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November 19, 2014, 02:32:53 PM |
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I am not getting any wiser here...
What is the problem and how do you solve it?
The problem: "Cryptocurrency projects share a common dream. It is of a future free of central control and the abuses of liberty it engenders... But cryptocurrencies today function as isolated islands, with separate blockchains, nodes and users. As such, our innovations have limited usage, and one project’s advances cannot generate revenue in other networks. Further, this isolation saps resources if multiple projects develop solutions already created by others. While each project on its own is valuable, our combined technology and development skill is priceless." The solution: an inter-blockchain application platform enabling each coin's features to function as services on every coin's apps. Well, success spurs the creation of similar competing projects. If Blocknet is successful, I'm sure there will be other similar projects creating isolated islands of inter-blockchain applications. In the finance world there are many hedge funds, so someone made an investment vehicle where one can invest in many funds under one investment called "Fund of Funds". Years later, there are many different "Fund of Funds" and we are back where we started from, the only difference is the fees we pay to invest in a "Fund of Funds" are much higher than an individual fund. Do you follow where I'm going with this? Do you mean, that eventually the purpose of Blocknet and other competing tech will be obsolete in terms of people just going back to dealing with ''single entity tech'' rather a network of applications? |
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synechist (OP)
Legendary
Offline
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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November 19, 2014, 03:24:03 PM |
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Do you mean, that eventually the purpose of Blocknet and other competing tech will be obsolete in terms of people just going back to dealing with ''single entity tech'' rather a network of applications?
Whoever proposes this hypothesis should consider the disanalogy between simply buying fund x over fund y, versus downloading a single Blocknet-enabled wallet over downloading several. There's a vast difference in usability ("liquidity") there. |
Co-Founder, the Blocknet
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ndrog
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November 19, 2014, 03:39:02 PM |
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Do you mean, that eventually the purpose of Blocknet and other competing tech will be obsolete in terms of people just going back to dealing with ''single entity tech'' rather a network of applications?
Whoever proposes this hypothesis should consider the disanalogy between simply buying fund x over fund y, versus downloading a single Blocknet-enabled wallet over downloading several. There's a vast difference in usability ("liquidity") there. I totally agree that its silly dealing with a number of wallets opposed to having a all in one solution. Obviously when you are dealing with tech, you can't use the hedge fund analogy. The best way Blocknet & all competing techs out there, should be considered more like '' search engines''. Back in the 90's we had a number of search engines that people used Yahoo (being King back then) and in the 00's the most used were Google,Yahoo,Bing. We are now living the 90's again (per say) with Blocknet, Supernet etc. |
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WhiteNotWright
Full Member
Offline
Activity: 196
Merit: 100
Fibre Knight
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November 19, 2014, 07:09:43 PM |
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Do you mean, that eventually the purpose of Blocknet and other competing tech will be obsolete in terms of people just going back to dealing with ''single entity tech'' rather a network of applications?
Um, you kind of left off Alta Vista man! Whoever proposes this hypothesis should consider the disanalogy between simply buying fund x over fund y, versus downloading a single Blocknet-enabled wallet over downloading several. There's a vast difference in usability ("liquidity") there. I totally agree that its silly dealing with a number of wallets opposed to having a all in one solution. Obviously when you are dealing with tech, you can't use the hedge fund analogy. The best way Blocknet & all competing techs out there, should be considered more like '' search engines''. Back in the 90's we had a number of search engines that people used Yahoo (being King back then) and in the 00's the most used were Google,Yahoo,Bing. We are now living the 90's again (per say) with Blocknet, Supernet etc. Um, you kind of left off Alta Vista man! |
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almond
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November 19, 2014, 07:14:11 PM |
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Do you mean, that eventually the purpose of Blocknet and other competing tech will be obsolete in terms of people just going back to dealing with ''single entity tech'' rather a network of applications?
Um, you kind of left off Alta Vista man! Whoever proposes this hypothesis should consider the disanalogy between simply buying fund x over fund y, versus downloading a single Blocknet-enabled wallet over downloading several. There's a vast difference in usability ("liquidity") there. I totally agree that its silly dealing with a number of wallets opposed to having a all in one solution. Obviously when you are dealing with tech, you can't use the hedge fund analogy. The best way Blocknet & all competing techs out there, should be considered more like '' search engines''. Back in the 90's we had a number of search engines that people used Yahoo (being King back then) and in the 00's the most used were Google,Yahoo,Bing. We are now living the 90's again (per say) with Blocknet, Supernet etc. Um, you kind of left off Alta Vista man! and Ask Jeeves |
Freedom of the press is guaranteed only to those who own one
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ndrog
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November 19, 2014, 07:53:18 PM |
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Do you mean, that eventually the purpose of Blocknet and other competing tech will be obsolete in terms of people just going back to dealing with ''single entity tech'' rather a network of applications?
Um, you kind of left off Alta Vista man! Whoever proposes this hypothesis should consider the disanalogy between simply buying fund x over fund y, versus downloading a single Blocknet-enabled wallet over downloading several. There's a vast difference in usability ("liquidity") there. I totally agree that its silly dealing with a number of wallets opposed to having a all in one solution. Obviously when you are dealing with tech, you can't use the hedge fund analogy. The best way Blocknet & all competing techs out there, should be considered more like '' search engines''. Back in the 90's we had a number of search engines that people used Yahoo (being King back then) and in the 00's the most used were Google,Yahoo,Bing. We are now living the 90's again (per say) with Blocknet, Supernet etc. Um, you kind of left off Alta Vista man! and Ask Jeeves You guys are absolutely right!!! My favorite back then was Lycos (by far)!!! |
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xizmax
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November 19, 2014, 08:56:02 PM |
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Do you mean, that eventually the purpose of Blocknet and other competing tech will be obsolete in terms of people just going back to dealing with ''single entity tech'' rather a network of applications?
Um, you kind of left off Alta Vista man! Whoever proposes this hypothesis should consider the disanalogy between simply buying fund x over fund y, versus downloading a single Blocknet-enabled wallet over downloading several. There's a vast difference in usability ("liquidity") there. I totally agree that its silly dealing with a number of wallets opposed to having a all in one solution. Obviously when you are dealing with tech, you can't use the hedge fund analogy. The best way Blocknet & all competing techs out there, should be considered more like '' search engines''. Back in the 90's we had a number of search engines that people used Yahoo (being King back then) and in the 00's the most used were Google,Yahoo,Bing. We are now living the 90's again (per say) with Blocknet, Supernet etc. Um, you kind of left off Alta Vista man! and Ask Jeeves You guys are absolutely right!!! My favorite back then was Lycos (by far)!!! To be fair, back then if you werent using at least 4-5 simultaneously you were losing out on some good hits. Though who will emerge victorious among crypto platforms remains to be seen. So I diversify, at least for now  |
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g0re79
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November 20, 2014, 12:34:10 AM |
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Do you mean, that eventually the purpose of Blocknet and other competing tech will be obsolete in terms of people just going back to dealing with ''single entity tech'' rather a network of applications?
Um, you kind of left off Alta Vista man! Whoever proposes this hypothesis should consider the disanalogy between simply buying fund x over fund y, versus downloading a single Blocknet-enabled wallet over downloading several. There's a vast difference in usability ("liquidity") there. I totally agree that its silly dealing with a number of wallets opposed to having a all in one solution. Obviously when you are dealing with tech, you can't use the hedge fund analogy. The best way Blocknet & all competing techs out there, should be considered more like '' search engines''. Back in the 90's we had a number of search engines that people used Yahoo (being King back then) and in the 00's the most used were Google,Yahoo,Bing. We are now living the 90's again (per say) with Blocknet, Supernet etc. Um, you kind of left off Alta Vista man! Alta Vista was ordinary boring mainstream, "our kind" used astalavista instead  |
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WhiteNotWright
Full Member
Offline
Activity: 196
Merit: 100
Fibre Knight
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November 20, 2014, 01:00:39 AM |
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Do you mean, that eventually the purpose of Blocknet and other competing tech will be obsolete in terms of people just going back to dealing with ''single entity tech'' rather a network of applications?
Um, you kind of left off Alta Vista man! Whoever proposes this hypothesis should consider the disanalogy between simply buying fund x over fund y, versus downloading a single Blocknet-enabled wallet over downloading several. There's a vast difference in usability ("liquidity") there. I totally agree that its silly dealing with a number of wallets opposed to having a all in one solution. Obviously when you are dealing with tech, you can't use the hedge fund analogy. The best way Blocknet & all competing techs out there, should be considered more like '' search engines''. Back in the 90's we had a number of search engines that people used Yahoo (being King back then) and in the 00's the most used were Google,Yahoo,Bing. We are now living the 90's again (per say) with Blocknet, Supernet etc. Um, you kind of left off Alta Vista man! Alta Vista was ordinary boring mainstream, "our kind" used astalavista instead Haha, oh yeah forgot about that... |
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georgeblair
Newbie
Offline
Activity: 46
Merit: 0
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November 20, 2014, 01:40:56 AM |
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webcrawler.com all the way. |
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BTCMILLIONAIRE
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November 20, 2014, 01:57:38 AM |
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webcrawler.com all the way. remember dogpile  |
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catotune
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November 20, 2014, 04:38:52 AM |
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webcrawler.com all the way. remember dogpile What, no love for excite.com? You can't spell that search engine without xc! |
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synechist (OP)
Legendary
Offline
Activity: 1190
Merit: 1000
To commodify ethicality is to ethicise the market
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November 20, 2014, 09:27:34 AM |
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webcrawler.com all the way. remember dogpile What, no love for excite.com? You can't spell that search engine without xc! Metacrawler was my search engine of choice. |
Co-Founder, the Blocknet
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ndrog
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November 20, 2014, 10:08:48 AM |
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Once the XBridge is completed and running, that’s when all the fun + real hard work will take place IMO. It will need constant tweaking, research, development, Clever managerial decisions, in order to mold the tech in an ever changing crypto landscape. That’s when I believe the true race amongst Blockchain Network ‘’providers’’ will start. Might we see competing tech merging? Are we going to be lucky enough we don’t have a ‘’single provider’’ (Like google) having 80% of the market share (at some point), but rather i.e. 10 players catering blockchain network with equal market share? As history has shown ‘us (with search engines), we are going down the same path, with all the obstacles, competitions and failures. Survival of the fittest. |
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mrp1
Newbie
Offline
Activity: 50
Merit: 0
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November 20, 2014, 06:53:39 PM |
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Once the XBridge is completed and running, that’s when all the fun + real hard work will take place IMO. It will need constant tweaking, research, development, Clever managerial decisions, in order to mold the tech in an ever changing crypto landscape. That’s when I believe the true race amongst Blockchain Network ‘’providers’’ will start. Might we see competing tech merging? Are we going to be lucky enough we don’t have a ‘’single provider’’ (Like google) having 80% of the market share (at some point), but rather i.e. 10 players catering blockchain network with equal market share? As history has shown ‘us (with search engines), we are going down the same path, with all the obstacles, competitions and failures. Survival of the fittest. It's been this way in EVERY industry and with EVERY disrupting technology since Gutenberg and probably earlier. The ONLY difference now is time-frames for emergence and then wide acceptance... Let the best of the techs win, I'm all in with BLOCK / XC and it's compatriot alts. |
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G-Bert
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November 20, 2014, 07:56:46 PM |
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Hows the forming of the foundation coming along? Would be nice to see things get started. I understand it must be hard getting everyone together. I saw this post in LXC yesterday
Supernet/Blocknet? We are in the Blocknet at the moment. We are looking to see if Supernet would be a better fit and if our community prefers one over the other. We ask our community to voice their opinion on this and state their preference and why?
Thanks
LXCdev
Do the team know which coins are 100% definitely in or out yet? |
XChat XJkVnYD4N4oSjNStgbAUD6UyWuBTWuMRgv
public key fuYPYmK4Sj57PkU2NKg1gKW91euMKkstQPeeexUcxnb8
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