In other news...


The ITO will also be taking place on Bter!

I see a few posts that are harping on why certain coins were chosen to join Blocknet.  Some are citing small marketcap blah blah blah.

Atcsecure mentioned that the development of the technology was priority.  With this in mind, let us take a look at what each of the coins represented in the Blocknet Foundation have done…in no particular order.

SSD – First steganograpic anon transaction over mobile.  This means that you can embed a transfer of SSD into an image that you take from your mobile and not have it traced – the image doesn’t suggest that a transaction has occurred.  That is pretty freaking stout in my opinion.  Development ongoing.

XST – World’s First anonymous SMS transaction.  Again, a mobile transaction that is anonymous. Development ongoing (this is a theme with everyone here so I won't repeat it).

APEX – In wallet developments – everything from social networking to casinos.  Aggressive dev team with an eye towards enabling web merchant transactions within their wallet.

UTIL – Content filtering to protect exit nodes from malicious and illegal content.  A great business feature.

SWIFT – geoSwift, a way to GPS locate and connect sellers/buyers via mobile. 

LXC – Working on BlueTooth transactions…meaning mobile transactions without internet connection.  Sidechain research and implementation planned.

FIBRE – An Aggressive dev team that has already created their own OS and have integrated FibreLock (an android style password system that renders keyloggers obsolete) into a BTC Modded wallet in addition to their own. 

NHZ – Asset Exchange and further expansion of NXT code.

XC – Working on some cool stuff with a dev who has proven himself through a mountain of accusations.  Not sure I need to list the features and development here.

The best part of my summaries are this – it’s not comprehensive!!!  It’s a miniscule aspect of what each coin has to offer and not a complete picture of what each respective coins developers are capable of.  My point was to make an attempt to list a unique feature of each coin to demonstrate the very broad based level of expertise represented here.  There are many talented devs here with many ‘firsts’ represented.  All of them together can combine into a seamless user experience that can’t be claimed ANYWHERE.  All of these features together create a potential user experience that is unrivaled and will be for some time.

The marketcap of each coin, at this time, is irrelevant to me. That is not what defines their worth. The devs are pretty stout and it is the technology that is being developed that is the main issue and what will drive their relevance.

None of the posts that I see are even focusing on what the development teams are doing.  That needs to be corrected.

In fact, Blocknet has a group of talented people who will collaborate on making something that is something that Crypto has never seen before.  And I think that is something that isn't being done elsewhere.