Post
Topic
Board Announcements (Altcoins)
Re: [ANN] SuperNET asset 12071612744977229797, trading symbol UNITY
by
RichardT
on 23/10/2014, 02:53:55 UTC
Hi guys, I just wanted to post something about blocknet. I don't want to troll their thread, so I thought I'd post it here.

Here is their claim:

Code:
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

1. SuperNET calls are made via rpc to the coin daemon, yet the network uses a kademlia dht, like bittorrent. Plus, is he saying that bitcoin is not 'true p2p' because it uses rpc calls? Does he think SuperNET has a point of centralization somewhere?

2. BitcoinDark is not 'the' central currency to SuperNET. Does he not realize that SuperNET runs on top of the NXT blockchain? BitcoinDark is the first coin with SuperNET integrated and has teleport, yes. Is he saying that individual coins cannot be integral parts of the network by offering their respective unique techs?

3. SuperNET purchased these coins on the open market, necessarily raising the NAV of the SuperNET asset.

Are the blocknet guys ignorant of the facts, or are they being intentionally misleading?

Hi folks

Just to say thanks for this post. It's insightful and we'll use it to reword our statements about SuperNET in comparison to the Blocknet.

Also, my apologies for how things were worded in the Blocknet OP. It was my writing and I see that I glossed over some details worth bringing out.

Finally, I have a lot of respect for the SuperNET. It's a fascinating idea, and although we're taking a different route (telehash v.3; mesh rather than DHT, etc.), that doesn't mean the SuperNET is a cheap trick.

Personally I'd love it if Supernet wallets contain the XBridge someday...

Good night

Synechist

How about giving James some credit rather than playing it off like it's all a brand new idea by XC devs