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

[vagabondz]

Hey guys,

Just wanted to share a new asset I've issued via the HZ Asset Exchange: HZmint.

For new investors looking at HZ or Blocknet, HZmint is a great asset to purchase and hold for weekly HZ payouts. Likewise for existing HZ holders, this asset will provide you a very reliable and steady weekly HZ payouts. The ROI period on each asset share is estimated to average 20 weeks (varying between 17-24 weeks). Essentially for each share costing 60 HZ, you will receive weekly payouts of ~3 HZ per week, per share in perpetuity.

Eventually, the ultimate goal of HZmint is to take the idea of dedicated multipools, expand and pivot it, and make the model available for participation by anyone, both traders and miners alike. Rather than allow only miners to participate in helping push up market prices via multipool mining, the HZmint asset bundles mining hardware into shares, and uses profits to support and push market prices, while paying out those coins to shareholders. The more investors we have, the bigger we will be able to upgrade our operations, thus meaning much larger and more stable market support a few months down the road (once investors have reached, or are approaching ROI).

With traditional market support and "pumps", the leading group will eventually need to lock profits in by dumping their altcoin for BTC. In the case of HZmint, the BTC inflow to the market is consistent and perpetual, as long as the operation is up and running. There is no need to "dump" because all of our HZ will either be held forever, or paid out to investors.

By working as a community, we can easily help increase the value of HZ to where it should be, thus bringing in both investors and interest to HZ, Blocknet, and all coins currently partnered with.

Official Thread: http://nhzcrypto.org/threads/hz-mint-new-asset-on-horizon-asset-exchange.795
Facebook Group: https://www.facebook.com/groups/728938563850326/
My Personal Twitter: www.twitter.com/jiapetz

Please help us raise awareness and interest by sharing and joining our groups/discussions. Feel free to contact me via any method about any concerns, feedback, or anything at all. Cheers and happy Thanksgiving guys!

Edit: I know account status is big on BCT, so wanted to clarify that I'm on a new account because my original Sr. account was hacked and unrecoverable since a few months ago.

[WhiteNotWright]

... so you can not just put out SOME code in the honey pot. Would not make sense.

I would imagine the coins members (devs) that are a part of blocknet would be exposed to the tech for the blocknet because they need to integrate. However, any coin that was not part of the system would not need to access that code. So why would you expose the secret sauce other than in a more restrictive manner that would benefit the core coin community? In the "real world" you expose API's and such (like Xbridge), not the foundation until you have exercised it's core existence and functionality. But to your point, some things need to be transparent and would agree it makes it obvious as too how things are progressing if that is the intent. To that end, I think the board (or early members) provided some guidance or communication on milestones and deliverable's. To me, anyone else looking for some code to sniff is up to something else within this particular setting, nefarious  or otherwise; but totally get wanting to look over the code to evaluate it's structure and beauty under the covers with a pure intellect at heart. Guess we'll see how it pans out...

[BTCMILLIONAIRE]

... so you can not just put out SOME code in the honey pot. Would not make sense.

I would imagine the coins members (devs) that are a part of blocknet would be exposed to the tech for the blocknet because they need to integrate. However, any coin that was not part of the system would not need to access that code. So why would you expose the secret sauce other than in a more restrictive manner that would benefit the core coin community? In the "real world" you expose API's and such (like Xbridge), not the foundation until you have exercised it's core existence and functionality. But to your point, some things need to be transparent and would agree it makes it obvious as too how things are progressing if that is the intent. To that end, I think the board (or early members) provided some guidance or communication on milestones and deliverable's. To me, anyone else looking for some code to sniff is up to something else within this particular setting, nefarious  or otherwise; but totally get wanting to look over the code to evaluate it's structure and beauty under the covers with a pure intellect at heart. Guess we'll see how it pans out...

Why do i feel blocknet is gonna collapse before it even begins 

[WhiteNotWright]

My guess is because you are part of the problem and not the solution. Other than that, you apparently lack insight and like to troll for cheaper coins?

[BTCMILLIONAIRE]

My guess is because you are part of the problem and not the solution. Other than that, you apparently lack insight and like to troll for cheaper coins?

I see you are providing excellent solutions in your posts 

[newb4now]

Is there an ETA for when Blocknet will be complete? Before or after Supernet?

[WhiteNotWright]

I see you are providing excellent solutions in your posts  

OK, fine but this is what happens when you try and do things off the cuff without having a solid plan going forward. These guys are doing it right, just not the way you want it done:

[BTCMILLIONAIRE]

I see you are providing excellent solutions in your posts  

OK, fine but this is what happens when you try and do things off the cuff without having a solid plan going forward. These guys are doing it right, just not the way you want it done:

I wanna get it done right obviously  

[synechist]

Hi PaidFudder.

You're banned.

Don't post here again.

[crackfoo]

Is there an ETA for when Blocknet will be complete? Before or after Supernet?

Are you not following SuperNET? Perhaps you should and you'll have a clear answer.

[Revelation]

http://wiki.blocknet.co/index.php/Record_of_Accounts

PR - 10.736btc
I believe synechist said that he is volunteering as a PR person, so who got almost 4k USD and for what? Moreover, who approved these expenses if the Foundation has not been formed yet. What about multi-sig address?

Development - 8btc
Is this Dan's salary? For what specific work or code was someone paid 8 BTC.


These expenses are rather vague as there is no explanation behind them. Why were the payments in BTC and not in alts?

[traumschiff]

http://wiki.blocknet.co/index.php/Record_of_Accounts

PR - 10.736btc
I believe synechist said that he is volunteering as a PR person, so who got almost 4k USD and for what? Moreover, who approved these expenses if the Foundation has not been formed yet. What about multi-sig address?

What PR did blocknet have except BCT posts and twitter?

[stealth923]

Evening all

Just to let you know that we'll be maintaining a record of accounts for the Blocknet here: http://wiki.blocknet.co/index.php/Record_of_Accounts.

Wow what detailed and accurate book keeping you have produced /sarcasm....You need to be more transparent with the funds that people are expecting you to use wisely.

10.7btc already on PR?? care to explain in more detail - you went to a $900 lunch with one of your mates to tell him what Block is?

8btc on development - what development?, a website?? an app??, you have no code to show for Blocknet - I dont care how much you say is going on behind the scenes - prove it

0.65btc - You say the foundation is being setup and things done properly. You must have some very cheap legal.

Call me a fudder, ban me ...I dont care, but just remember you are playing with real peoples money - this is not a game of monopoly.

[itod]

Evening all

Just to let you know that we'll be maintaining a record of accounts for the Blocknet here: http://wiki.blocknet.co/index.php/Record_of_Accounts.

Wow what detailed and accurate book keeping you have produced /sarcasm....You need to be more transparent with the funds that people are expecting you to use wisely.

10.7btc already on PR?? care to explain in more detail - you went to a $900 lunch with one of your mates to tell him what Block is?

For a change I'm on synechist side on this issue, he earned every single satoshi from those 10.736 BTC. Shilling hard for ever-absent developers, turning completely reasonable questions into FUD, discrediting everyone who is not loudly cheering for the project... It's not an easy thing to do and you have to have a stomach to do it successfully.

[traumschiff]

Evening all

Just to let you know that we'll be maintaining a record of accounts for the Blocknet here: http://wiki.blocknet.co/index.php/Record_of_Accounts.

Wow what detailed and accurate book keeping you have produced /sarcasm....You need to be more transparent with the funds that people are expecting you to use wisely.

10.7btc already on PR?? care to explain in more detail - you went to a $900 lunch with one of your mates to tell him what Block is?

For a change I'm on synechist side on this issue, he earned every single satoshi from those 10.736 BTC. Shilling hard for ever-absent developers, turning completely reasonable questions into FUD, discrediting everyone who is not loudly cheering for the project... It's not an easy thing to do and you have to have a stomach to do it successfully.

Anyone would have done that for 1k in the crypto community. Where people build websites for 0.1 BTC and develop coins with mixers/chat/voip for 0.5 BTC.

[WhiteNotWright]

Concerning the funds, I would imagine you couldn't really examine in great detail where funds go within those categories listed. I think stating what is being spent is a good start and having the milestones and deliverable's is good. I don't ask most of the companies I invest in on the stock market in great detail the funds.

Folks listen, you are either in or out. Please stop trying with the FUD already. This is not a scam and not a P&D, it's competition and obvious you are feeling it or have lost your coins by dumping.

[synechist]

http://wiki.blocknet.co/index.php/Record_of_Accounts

PR - 10.736btc
I believe synechist said that he is volunteering as a PR person, so who got almost 4k USD and for what? Moreover, who approved these expenses if the Foundation has not been formed yet. What about multi-sig address?

Development - 8btc
Is this Dan's salary? For what specific work or code was someone paid 8 BTC.


These expenses are rather vague as there is no explanation behind them. Why were the payments in BTC and not in alts?

+1

The incipient Foundation - i.e. the coin representatives - meet on roughly a weekly basis.

Last week it was decided that some expenses needed to be paid in advance of the Foundation being formalised.

If you're not happy with either:
- the degree of information provided about expenditures
- the expenditures themselves,

then take it up with your Coin Representative. Perhaps in future we'll give more details on expenditures - that is, if there's a majority vote for this.

Let's approach this as a community and in an orderly, productive fashion.

If you want things to work your way, you'll need to communicate this in such a way that the necessary people hear it. So speak to your Coin Representatives and let's get this thing going.

[crackfoo]

http://wiki.blocknet.co/index.php/Record_of_Accounts

PR - 10.736btc
I believe synechist said that he is volunteering as a PR person, so who got almost 4k USD and for what? Moreover, who approved these expenses if the Foundation has not been formed yet. What about multi-sig address?

Development - 8btc
Is this Dan's salary? For what specific work or code was someone paid 8 BTC.


These expenses are rather vague as there is no explanation behind them. Why were the payments in BTC and not in alts?

+1

The incipient Foundation - i.e. the coin representatives - meet on roughly a weekly basis.

Last week it was decided that some expenses needed to be paid in advance of the Foundation being formalised.

If you're not happy with either:
- the degree of information provided about expenditures
- the expenditures themselves,

then take it up with your Coin Representative. Perhaps in future we'll give more details on expenditures - that is, if there's a majority vote for this.

Let's approach this as a community and in an orderly, productive fashion.

If you want things to work your way, you'll need to communicate this in such a way that the necessary people hear it. So speak to your Coin Representatives and let's get this thing going.

so you're saying, if you just own block, you're voiceless? Seems like passing the buck...

[stealth923]

http://wiki.blocknet.co/index.php/Record_of_Accounts

PR - 10.736btc
I believe synechist said that he is volunteering as a PR person, so who got almost 4k USD and for what? Moreover, who approved these expenses if the Foundation has not been formed yet. What about multi-sig address?

Development - 8btc
Is this Dan's salary? For what specific work or code was someone paid 8 BTC.


These expenses are rather vague as there is no explanation behind them. Why were the payments in BTC and not in alts?

+1

The incipient Foundation - i.e. the coin representatives - meet on roughly a weekly basis.

Last week it was decided that some expenses needed to be paid in advance of the Foundation being formalised.

If you're not happy with either:
- the degree of information provided about expenditures
- the expenditures themselves,

then take it up with your Coin Representative. Perhaps in future we'll give more details on expenditures - that is, if there's a majority vote for this.

Let's approach this as a community and in an orderly, productive fashion.

If you want things to work your way, you'll need to communicate this in such a way that the necessary people hear it. So speak to your Coin Representatives and let's get this thing going.

so you're saying, if you just own block, you're voiceless? Seems like passing the buck...

alarm bells....

[synechist]

so you're saying, if you just own block, you're voiceless? Seems like passing the buck...

That's precisely the opposite of what I said.

Read it again: you have a voice; speak to your coin representative so your view can be tabled and brought up.

A Coin Representative's function is to stand for the interest of their communities and dev teams.

Furthermore if CoinGateway receives word from Coin Representatives that there are concerns or complaints about a proposed action by the board, then their responsibility is to refuse to sign the relevant transaction until the concern or complaint is successfully resolved.

Read about the process here: http://wiki.blocknet.co/index.php/Multisig_Escrow_of_Funds
(And if you want to suggest amendments to the process itself, you know what to do.)