Post
Topic
Board Announcements (Altcoins)
Re: [ANN][Blocknet] The internet of blockchains | XBridge | true cross-chain P2P
by
commenter
on 14/05/2017, 22:06:24 UTC
No. What I mean is, if you go to Bittrex to try to buy enough Block to become a node the price would be pushed up to .0015 (more or less) because there's not enough block available at the lower prices to become a node.

I meant the release of the exchange

Oh I've read it on here a few pages back mid summer in less then 4 weeks hold on I will find it.

Just wanna clarify the details of this:

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.




Ok I get it now, sorry, so the exchange is up and running. The user interface is bieng worked on and should be ready in the next three to six months. The hard fork in 4 weeks to midsummer will enable nodes to collect trade fees from the exchange. Is this correct ?