Post
Topic
Board Speculation (Altcoins)
Re: Blocknet's XRouter Can Pull In MASSIVE Amounts Of Fee's To Node Owners
by
GucciBoy
on 01/04/2020, 15:16:12 UTC
Interesting. So basically you can collect XRouter AND DEX fee's along with the traditional block rewards from holding a node?
Might need a deeper look into it. Wasn't aware of all these passive ways of income through the network, just parts of them.

I'm sure it will take a while before we see any major adoption of these services on the larger scale though, long term perhaps.

Forgot I even made this thread, haha.

Yes, you'll be able to profit passively from all 3 sources if you run a node. If you can't afford a node you can stake your coins like any other Proof Of Stake coin out there.

If Blocknet truly takes off with partnerships etc. in the future, you could make a hefty sum of profits from a node or two, especially from the XRouter.

Nice, that's actually pretty cool. I'm eyeing a lot of great opportunities to take advantage off with these low prices. Think I'll buy some BLOCK, been accumulating a lot of ADA, ETH, and BTC lately, so I think I'm pretty well diversified for the next run up.

Diversification is key! I'm doing a ton of research on other DEX related projects as well as of recently. Also looking into DEFI projects, as it seems like decentralization is the next step forward, these projects will likely be the biggest gainers next bull run.

Good luck!

DEFI is definitely getting a lot of attention recently, anything that goes with decentralization is, which is obviously why Binance, and CZ is getting so much critisism lately for their bold behavior on everything. They want control, power, and monopoly, something that goes completely against the whole crypto community, which I guess they'll be punished for eventually, once people wake up.

I'd love to hear about alternatives to Blocknet, as I want to put my money into projects that builds on the idea of decentralization.
Anyone?