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

[WhiteNotWright]

author=crackfoo link=topic=829576.msg9684439#msg9684439 date=1417208325

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

If you just own block, that might be part of the problem. Most the investor's pair against their coin that has been selected into the net in order to strengthen both and become part of a greater community and this next phase in crypto (like it or not) I would venture to say if you just own block, then you are wanting just the assets it will provide and thus the shares/dividends from those and really not an investment into the coin integration or you are again treating it like an investment coin, which it is not. Your voice then would then not have a proper channel. Think of it this way. You own a car and you need to drive it so you partner up with a regulating body so you have a voice in where the roads go and how much you pay to drive on those roads and all the rules and regulations that go with it. Otherwise you're in your backyard going on circles constantly walking back and forth to the service station for fuel. To me it's pretty clear you need to commit to a coin to have a channel for voting and concerns.

[crackfoo]

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.

no coin = no voice = what your saying.

[synechist]

no coin = no voice = what your saying.

Just contact a coin rep. It's not like you have to prove ownership of coins first.

If you don't want to work with the people involved in order to shape the Blocknet the way you'd hope it to be, then just leave. There's no sense in fussing over stuff here. Get involved.

[Revelation]

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.)

Maybe I've missed the replies on these questions, however would you mind answering the following:
Is the Board already formed? If yes, who are its members? Which parties have to approve an expenditure?

[crackfoo]

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.)

Maybe I've missed the replies on these questions, however would you mind answering the following:
Is the Board already formed? If yes, who are its members? Which parties have to approve an expenditure?

There is no Board:

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

However:

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

BOARD MEMBERS
- Are accountable to the Coin Representatives and function to mediate requests and make decisions upon these requests
- Are accountable to the public and are required to publish records of all decisions made
- Review and approve proposals for funding
- Submit their decisions to a third party auditor service (CoinGateway) for authorization
- Cannot spend funds without a majority vote in agreement to spend funds
- Cannot spend funds without the third party auditor’s authorisation to spend funds

I guess what some people are curious about are who the Board Member(s) are... that ultimately approve/deny funding?

[WhiteNotWright]

author=synechist link=topic=829576.msg9684561#msg9684561 date=1417209528

Thank you for keeping a level attitude in the face of this continued causation. I for one also agree you deserve to be paid to defend the innovation from those too incompetent to create something that I can understand takes time to formulate. Based on my assessment of the questions being tossed out, I highly doubt any of these folks have a clue as to the cost of securing legal retainers and all the paperwork involved in creating even a simple corporation. Obviously you need to have a corporation before you can have board members. This one actually had me in stitches earlier. Also, I do understand and appreciate the need to balance transparency with confidentiality and all the intellectual property and assignments. With that said, I do hope you will continue along the path you are going. From what I have listened to, it seems things are progressing nicely.

[BTCMILLIONAIRE]

no coin = no voice = what your saying.

Just contact a coin rep. It's not like you have to prove ownership of coins first.

If you don't want to work with the people involved in order to shape the Blocknet the way you'd hope it to be, then just leave. There's no sense in fussing over stuff here. Get involved.

If someone asks a legitimate concern or question ....you are told either you are a fudder or you are told to get out........  
There were things that were promised to be done by end of this month...still waitin

[devachelekar]

We have only one month left for legitimately called the end of the fourth quarter of 2014.

[BTCMILLIONAIRE]

We have only one month left for legitimately called the end of the fourth quarter of 2014.

Oh don't make me look for the posts from Dan the Man himself suggesting some developments before end of this month.  

[BTCMILLIONAIRE]

Hello all,

just wanted to provide an update, due to the amount of noise from the trolls creating FUD to lower the market price, its hard to communicate directly with real blocknet enthusiasts.

As I stated, we will have a test/prototype p2p daemon by the end of the month, if not sooner and with that a clear roadmap and other details regarding this project.

While things may seem to be in a lull currently, it is just part of the process of putting everything in order

I'm available via PM for any questions as its hard to keep up w/ all the noise from trolls.


Dan

Found one such post above 

[WhiteNotWright]

author=BTCMILLIONAIRE link=topic=829576.msg9690030#msg9690030 date=1417271230]

Let us just go ahead and swap a few block on the chain so I can see if you really have a vested interest in this project or not. I will start first, just give me your addy. I am not saying all your post are "troll" but it seems to me that you have alternative interest in whipping up uncertainty, so I am going to leave it at U for now. You willing to put your coin where your mouth is Millionaire? It's not the end of the month yet according to all the calendars I have sitting in front of me and besides they never said " on December 1st we are going to have all this stuff", what they said was "..we will have a test/prototype p2p daemon by the end of the month, if not sooner and with that a clear roadmap and other details regarding this project." To me, this means they will release statement on if they have the test prototype and updated roadmaps and details. You guys are way too literal for a project that is in its infancy. I really appreciate you vetting these guys, but do it with a little class. Otherwise, it's just trolly and spew.

[BTCMILLIONAIRE]

author=BTCMILLIONAIRE link=topic=829576.msg9690030#msg9690030 date=1417271230]

Let us just go ahead and swap a few block on the chain so I can see if you really have a vested interest in this project or not. I will start first, just give me your addy. I am not saying all your post are "troll" but it seems to me that you have alternative interest in whipping up uncertainty, so I am going to leave it at U for now. You willing to put your coin where your mouth is Millionaire? It's not the end of the month yet according to all the calendars I have sitting in front of me and besides they never said " on December 1st we are going to have all this stuff", what they said was "..we will have a test/prototype p2p daemon by the end of the month, if not sooner and with that a clear roadmap and other details regarding this project." To me, this means they will release statement on if they have the test prototype and updated roadmaps and details. You guys are way too literal for a project that is in its infancy. I really appreciate you vetting these guys, but do it with a little class. Otherwise, it's just trolly and spew.

Yes send me blocks while u at it u want my btc address  BeJ31gM6UUmpqPpze8v4PfJEUf11HCn6R9

[WhiteNotWright]

author=_mr_e link=topic=829576.msg9690116#msg9690116 date=1417272189]

I now see where all the FUD has been coming from as of late. I totally don't understand why you just said that statement. I know a lot of folks involved with the SuperNEt project and they would call you a variety of words for saying that. I think both techs understand the importance of coexisting and each offers their own way. Grow up.

[WhiteNotWright]

author=BTCMILLIONAIRE link=topic=829576.msg9690030#msg9690030 date=1417271230]

Let us just go ahead and swap a few block on the chain so I can see if you really have a vested interest in this project or not. I will start first, just give me your addy. I am not saying all your post are "troll" but it seems to me that you have alternative interest in whipping up uncertainty, so I am going to leave it at U for now. You willing to put your coin where your mouth is Millionaire? It's not the end of the month yet according to all the calendars I have sitting in front of me and besides they never said " on December 1st we are going to have all this stuff", what they said was "..we will have a test/prototype p2p daemon by the end of the month, if not sooner and with that a clear roadmap and other details regarding this project." To me, this means they will release statement on if they have the test prototype and updated roadmaps and details. You guys are way too literal for a project that is in its infancy. I really appreciate you vetting these guys, but do it with a little class. Otherwise, it's just trolly and spew.

Yes send me blocks while u at it u want my btc address   BeJ31gM6UUmpqPpze8v4PfJEUf11HCn6R9

OK, because you are not really an investor in this innovation, I will unfortunately not be able to take anything you say serious. I was hoping you were earnest, but now you are just being an ass. Go troll some other coin and here is hoping you get banned soon.

[CryptoClub]

author=_mr_e link=topic=829576.msg9690116#msg9690116 date=1417272189]

I now see where all the FUD has been coming from as of late. I totally don't understand why you just said that statement. I know a lot of folks involved with the SuperNEt project and they would call you a variety of words for saying that. I think both techs understand the importance of coexisting and each offers their own way. Grow up.

I would fully agree with you if this was actually a legitimate tech. Even if it was, the benefits to the investor is far greater with supernet given that it is backed by actual holdings and will produce a multitude of revenue streams that are all to be shared with investors. This is nothing more then friendly advice to people to do some serious research on these two projects and determine which investment will give you the greatest chance of returns.

Most especially take a look at the actual code repos before you make that decision. I think you will be surprised to find a massive difference. That chart above is nothing but hot air that could take 10 min to type up.

Let's not forget... https://bitcointalk.org/index.php?topic=841223.0.

The greatest chance of returns are the ones with the much lower marketcaps, and at least some real identities backing up the projects. Code is fine and dandy, but no major business deals will happen with mysterious people that won't share their real names, as they don't want you to know their past or real connections. I know the source of all of the FUD by the way, it is blatantly obvious it is coming from two specific camps that are competitors. Now, I already sold my BLOCK as the attacks have been so relentless, so, whatever, but high marketcap Ponzis live in glass houses and are backed by nothing but people hoping they can sucker more people in.

[chisefu]

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.

people build websites for 0.1 BTC and develop coins with mixers/chat/voip for 0.5 BTC.

Give examples

[mr_random]

author=_mr_e link=topic=829576.msg9690116#msg9690116 date=1417272189]

I now see where all the FUD has been coming from as of late. I totally don't understand why you just said that statement. I know a lot of folks involved with the SuperNEt project and they would call you a variety of words for saying that. I think both techs understand the importance of coexisting and each offers their own way. Grow up.

I would fully agree with you if this was actually a legitimate tech. Even if it was, the benefits to the investor is far greater with supernet given that it is backed by actual holdings and will produce a multitude of revenue streams that are all to be shared with investors. This is nothing more then friendly advice to people to do some serious research on these two projects and determine which investment will give you the greatest chance of returns.

Most especially take a look at the actual code repos before you make that decision. I think you will be surprised to find a massive difference. That chart above is nothing but hot air that could take 10 min to type up.

Let's not forget... https://bitcointalk.org/index.php?topic=841223.0.

Supernet started before Blocknet, it's unfair to make a comparison.

Also the last time I checked, Supernet was 10 times higher in market cap than Blocknet. Which would account for the current differences between the projects.

If Dan and the team delivers the tech as promised, then Block will offer greater returns. The difference in price reflects the market consensus of the likelihood of Dan and the team delivering. The FUD screwed that up because I can tell you, Dan delivered a ton of high quality tech for XC and he is a skilled coder and man manager.

Supernet holders would do well to hedge their risk by investing in Blocknet IMO.

[_mr_e]

author=_mr_e link=topic=829576.msg9690116#msg9690116 date=1417272189]

I now see where all the FUD has been coming from as of late. I totally don't understand why you just said that statement. I know a lot of folks involved with the SuperNEt project and they would call you a variety of words for saying that. I think both techs understand the importance of coexisting and each offers their own way. Grow up.

I would fully agree with you if this was actually a legitimate tech. Even if it was, the benefits to the investor is far greater with supernet given that it is backed by actual holdings and will produce a multitude of revenue streams that are all to be shared with investors. This is nothing more then friendly advice to people to do some serious research on these two projects and determine which investment will give you the greatest chance of returns.

Most especially take a look at the actual code repos before you make that decision. I think you will be surprised to find a massive difference. That chart above is nothing but hot air that could take 10 min to type up.

Let's not forget... https://bitcointalk.org/index.php?topic=841223.0.

Supernet started before Blocknet, it's unfair to make a comparison.

Also the last time I checked, Supernet was 10 times higher in market cap than Blocknet. Which would account for the current differences between the projects.

If Dan and the team delivers the tech as promised, then Block will offer greater returns. The difference in price reflects the market consensus of the likelihood of Dan and the team delivering. The FUD screwed that up because I can tell you, Dan delivered a ton of high quality tech for XC and he is a skilled coder and man manager.

Supernet holders would do well to hedge their risk by investing in Blocknet IMO.

It's 10x higher for a reason... I'd love to hear how it can even come close to matching this potential or activity:

https://nxtforum.org/general-discussion/price-speculation/msg135685/#msg135685

https://bitcointalk.org/index.php?topic=762346.msg9690322#msg9690322

[WhiteNotWright]

author=_mr_e link=topic=829576.msg9690116#msg9690116 date=1417272189]

I now see where all the FUD has been coming from as of late. I totally don't understand why you just said that statement. I know a lot of folks involved with the SuperNEt project and they would call you a variety of words for saying that. I think both techs understand the importance of coexisting and each offers their own way. Grow up.

I would fully agree with you if this was actually a legitimate tech. Even if it was, the benefits to the investor is far greater with supernet given that it is backed by actual holdings and will produce a multitude of revenue streams that are all to be shared with investors. This is nothing more then friendly advice to people to do some serious research on these two projects and determine which investment will give you the greatest chance of returns.

Most especially take a look at the actual code repos before you make that decision. I think you will be surprised to find a massive difference. That chart above is nothing but hot air that could take 10 min to type up.

Let's not forget... https://bitcointalk.org/index.php?topic=841223.0.

Thanks, but way ahead of you on research and honestly think you should move on with the SuperNet promotions. This is the BlockNet forum for folks that are invested in this tech and the features this system will offer. Likewise the coins like XC, FIBRE, XCash and other are very solid coins and you're starting to sound like a salesperson that is hard up for my investment dollars. I invest in many things, Supernet is not one of them (for good or bad) based on my research, but thanks for looking out for our best interest. Unfortunately, I invest things that I feel have the ability to succeed and couple nicely with the type of systems I actually see getting mainstream acceptance with feature rich services. Again, both are great innovative ideas and certainly SuperNet has been out for a while now, but let's give Blocknet a chance before we start  dismissing it. The fact you are here leads me to believe folks are getting a little worried. I thank it's fantastic we have your attention and wish you well at your camp. Cheers!

[_mr_e]

author=_mr_e link=topic=829576.msg9690116#msg9690116 date=1417272189]

I now see where all the FUD has been coming from as of late. I totally don't understand why you just said that statement. I know a lot of folks involved with the SuperNEt project and they would call you a variety of words for saying that. I think both techs understand the importance of coexisting and each offers their own way. Grow up.

I would fully agree with you if this was actually a legitimate tech. Even if it was, the benefits to the investor is far greater with supernet given that it is backed by actual holdings and will produce a multitude of revenue streams that are all to be shared with investors. This is nothing more then friendly advice to people to do some serious research on these two projects and determine which investment will give you the greatest chance of returns.

Most especially take a look at the actual code repos before you make that decision. I think you will be surprised to find a massive difference. That chart above is nothing but hot air that could take 10 min to type up.

Let's not forget... https://bitcointalk.org/index.php?topic=841223.0.

Thanks, but way ahead of you on research and honestly think you should move on with the SuperNet promotions. This is the BlockNet forum for folks that are invested in this tech and the features this system will offer. Likewise the coins like XC, FIBRE, XCash and other are very solid coins and you're starting to sound like a salesperson that is hard up for my investment dollars. I invest in many things, Supernet is not one of them (for good or bad) based on my research, but thanks for looking out for our best interest. Unfortunately, I invest things that I feel have the ability to succeed and couple nicely with the type of systems I actually see getting mainstream acceptance with feature rich services. Again, both are great innovative ideas and certainly SuperNet has been out for a while now, but let's give Blocknet a chance before we start  dismissing it. The fact you are here leads me to believe folks are getting a little worried. I thank it's fantastic we have your attention and wish you well at your camp. Cheers!

Nope, not worried. Just wanted to sound some alarm bells to help prevent some people from getting hurt. But you're right, I'll move on.