Today i tried my first time on setting up a BlockNet Wallet and the Blocknet-Exchange.
Maybe I am missing something completly but the way it seems to be there is no chance that this gets attraction.
The first and most important thing:
- The markets have to be visible and it seems they are not!!
I can not find any live market data on the blocknet-website.
Well that's a shame so I hoped that you will see all the market when you at least install the Blocknet Dx Exchange program.
Next problem I can not install it without installing a valid Block-Wallet too. The information that stacking will be disabled if I configure my Blocknet Wallet is very worry to me. It sounds like a definitive disableing once you configure it which then means you have to install 2 Blocknet wallets. I hope that is not the case and the disabeing is only happening while you are connected with the Block-DX Exchange program. I couldn't make it to the point to check and figure that out by myself.
The Blocknet wallet installed and configured (hit troubles doing that) done I still see no market data.
Seems I have to install and configure another coin wallet to see anything.
I can't mess my existing coins configurations so not going to do that. But I wonder does this mean I will see only that very specific market of my 2 coin pair when I do that and all other interesting markets I have no wallet connected I can not see??
The Blocknet Idea of a completly decentralized Exchange is excellent!
But the way it is done it is much too troublesome to deal with for non crypto enthusiasts to even go that path.
For myself if I want to use that exchange it means to setup new wallets for each coins (with the correct wallet version) I want to trade and put them unlocked on my 24/7 server with fully synchroniced (downloaded) blockchains. That's a lot to ask. Now when I had a glimps on the market and see that there is a big enough market I fully would do that. But my guess is that the market is rather empty because the hurdle to access it is too height and that means that I will stay out of it too. And if others think the same way :/