Post
Topic
Board Announcements (Altcoins)
Re: [ANN][Blocknet] The internet of blockchains / XBridge / true cross-chain P2P
by
synechist
on 21/10/2014, 10:45:22 UTC
i was merely commenting on others points that they brought up while injecting my own point of view that i don't think tokens are needed in order to do currency conversions, which both supernet and blocknet use. Bit/Black halo has already shown that crosschain trading can be done without the need for a token. This is merely my opinion as a person.


You're right, Blocknet tokens are not used for currency conversions.

They're used to allocated fee-revenue to holders.

They're also used to express the value of the Blocknet.

And, lastly, they're used to enable community-ownership of Blocknet assets.