Post
Topic
Board Announcements (Altcoins)
Re: [ANN][Blocknet] The internet of blockchains | XBridge | true cross-chain P2P
by
commenter
on 28/04/2017, 23:14:25 UTC
Hi all, I'm interested in the blocknet project. I see that ark also promises bridging between block chains, how does the blocknet bridging compare to theirs? Has Ark shown a working concept or is blocknet so far the only one with a working bridge?

Thereby what is the difference between cosmos and blocknet? So far it looks cosmos is a clone, it even has the same slogan. How does blocknet ensure to keep a lead in the race to launch a platform with bridging first?

Blocknet has already released a working bridge - Xbridge. If you look at the Ark Github it all looks very busy but it's basically a clone of Lisk and I don't see anything released yet which is novel or revolutionary, just lite wallets and things like that. The key part is they don't have a bridge.

Note work started on Blocknet started over 2 years ago, Ark is a new project. Note also we introduced the bridge teminology with our Xbridge and Ark is calling it Smartbridge.

The main difference between Cosmos and Blocknet is Cosmos requires the inter-chain services to run on it's chain only. Blocknet is true inter-chain services. And of course Cosmos is relatively new and if you look at their Github they have no actual coin code released yet - https://github.com/cosmos just code about their website and fundraising. I'm sure Cosmos won't be a clone of our code. But it will have the same ideas.

Btw there is plenty of room for all projects.

Slack invite: https://blocknet.herokuapp.com

Thanks for your answer. So blocknet is ahead of the others with their code. I think the first to launch a fully functional platform with bridging will gain a lot in market share/cap. That's why I'm trying to figure out where all the project stand and how quickly they are developing.

Yes, BLOCK is very ahead of its competitors. Also note that BLOCK is truly decentralized while Cosmos requires validators.

For more information, please refer to the BLOCK FAQ here: https://www.reddit.com/r/theblocknet/comments/676buj/ask_anything_about_blocknet_qa/

Thanks, I'll have a look. Are there any other applications block will launch with the bridging functionality?


    Question, so basically what your saying is block's interoperability feature works and it's the only working version of its kind ?