Quote from: cryptohunter on May 08, 2017, 10:01:20 PM

Quote from: synechist on May 08, 2017, 09:49:15 PM

Quote from: free-bit.co.in on May 08, 2017, 03:00:27 PM

Quote from: greyskies on May 08, 2017, 02:43:59 PM

Something I posted in WAVES topic earlier:

So there is no difference between Bitshares decentralised exchange from 2 years ago and Waves decentralised exchange other than the Waves one is prettier?

I suggest some of you take a look at Blocknet - they are building a decentralised exchange but not with an intermediary token. Instead it's through atomic swaps by the xbridge technology. It's directly peer to peer which will means lower cost to the users, less friction, faster and of course it's truly decentralised.

Blocknet has been around for 2 years and is launching the hardfork in 4-8 weeks. They have demonstrated the atomic swaps, it's been tested and the exchanges can be seen in the BTC/LTC blockchains (Charlie Litecoin dev tweeted about it). So this isn't imaginary tech.

That's just the beginning though. DAPPs are coming next:

- decentralised mixer (users can mix their BTC for ZCash in a completely decentralised way and master nodes collect service fees)
- margin trading
- microservice APIs

Blocknet is super cheap market cap, peanuts compared to Waves. Only on Bittrex atm.

Where did you get the infromation that the hardfork is launching in 4 to 8 weeks? Did I miss that news?

Good summary about the coin!

Quick clarification on this one:

- yes, a hard fork is planned soon. 4 to 8 weeks should be about right.

- this hard fork is in order to add OP_CHECKLOCKTIMEVERIFY to the Blocknet's chain.

- the functionality this will enable is trade fee collection and distribution by service nodes

- this is not "a production launch" in a general sense of the term. But it is the laying of infrastructure for service nodes, which is pretty big news for all the people buying multiples of 5000 BLOCK to run one of the first services in the world to exist as part of the token ecosystem.

Any rough rough production launch target date?

That's not how we are developing the Blocknet.

This is how we're doing it:

- it's live and working (maturity: "MVP")

- outstanding core features/"infrastructure" come first

- key features for the market come next

- and we'll just keep building from there

The idea of a "production release" doesn't make sense in this space for multiple reasons. Firstly, there's no server room or cloud production environment. Secondly, we're doing continuous deployment, not releasing software on, say, DVDs like Windows XP. Thirdly, we're working in an "agile" way where we knock off little milestones at a time, and just keep demonstrating progress. (Software development works quite well this way.) Finally, you can already use the decentralised exchange right now.