Re: Blocknet's XliteWallet Pushed Into "Open BETA" - 25% Gains last 48 hours
The bullishness of Blocknet means believing in the important things about their DEX... And I mean it's not just believing in the importance of Blocknets DEX things - it's believing that DEXes as a whole has solved a lot of crypto things...
Decentralization: No central authority can control a coin. Solved.
Scarcity: Nobody can forcibly change the algorithm and create a new coin or engage in other nefarious activities to the source code. Solved.
Security: Handled correctly by DEX, nobody can confiscate coins, short of coercion/torture of the individual. Solved.
These fundamentals are truly solved by most of the DEXs.
Decentralization: No central authority can control a coin. Solved.
Scarcity: Nobody can forcibly change the algorithm and create a new coin or engage in other nefarious activities to the source code. Solved.
Security: Handled correctly by DEX, nobody can confiscate coins, short of coercion/torture of the individual. Solved.
These fundamentals are truly solved by most of the DEXs.
The Blocknet DEX compatible multi-wallet XLite is NOW on track to move from public beta to a production release in Q1 2021.
Blocknet developers and the Active Community have been extensively testing and debugging XLite over the past several months and are working out the final details before moving forward with a production release. Everything is going awesome!