Re: [ANN][Blocknet] The internet of blockchains / XBridge / true cross-chain P2P
You can 'hear hear' all you want but also "- BlockNET real value SHOULD equate the total combined value of every coin, mathematically, practically is another story, but still there is not promise out there" is idiotic.
It's not like you take-over each of the participating coins and their intrinsic value becomes Blocknets value. This is just plain retarded. You're just trying to copy Supernet's idea and try to make some money in between. At least Supernet's assets are backed by a 10% buy in, which DOES give it an intrinsic value.
You are just talking crap about that Blocknet's value is derived by it's so called 'incredible utility'. This is fine and all but you need to prove that first. Stating that mathematically (or practically) the value should be equal to the combined value of the participating coins is just a complete SCAM where you try to screw people over by luring them with a fictional ROI.
And I'm not stating anything about the concept or the technology, I support that, but the way you try to make money is just, well... Shame on you...
There are at least three fundamental differences between the Blocknet and Supernet:
- XBridge is not an RPC call protocol, it's a true P2P protocol
- There's no central or core currency, unlike SuperNET, which uses BTCD for this
- Joining the Blocknet does not involve 10% of a coin's money supply being bought and centrally controlled
Shame on you
I want to clarify, that although without some sort of tangible proof-of-concept I believe this is purely a vehicle for market manipulation, I also fully support this project and will be following it closely. 
Personally I'd love some proof-of-concept code to be released prior to the ITO.
Part of the XBridge code is actually completed so this might be possible.
Regardless of that, the XBridge protocol is based on the Xnode protocol that XC uses. If anyone is worried about development talent or the ability to deliver, take a look at XC's timeline.
Now pool all the developer talent from all the participating coins.
This code will get nailed down good and proper.
I have to agree with mxxxxxx overall, However, I believe having one currency as the central core or group of currencies that compose the core would be better than, "There's no central or core currency, unlike SuperNET, which uses BTCD for this"
Keep in mind this statement isn't true. SuperNET doesn't rely on BTCD. BTCD is simply the flagship coin that offers the Teleport technology. SuperNET can be run standalone and will do that along with being embedded into the core coins wallets. SuperNET actually runs on the NXT blockchain
Hmm... thanks for that.
Brevity demanded a fairly inaccurate summary of SuperNET's centralisation. Perhaps I should try expand on it to refer to NXT too...
Brevity is not excuse when you're asking for $1,000,000.