Quote from: Dungor on October 23, 2014, 04:11:35 PM

Quote from: joebob999 on October 23, 2014, 02:54:37 PM

From the linked article.

Quote

Blocknet includes multiple developers, but ultimately Dan is the mastermind behind his platform.

This is another way of saying "Dans primary focus will be on BlockNET"

How can you say "Blocknet is a genius idea worth 2500 bitcoins. And will take a genius to build. And that genius is Dan. But it won't slow down XC (Dan's current primary project) at all?"

Honestly, how can you still not understand the simplicity in BlockNET from a technical viewpoint?
It is a one time development of an API that can connect the coins, with very little maintenance afterwards.
Let me explain it in "human" terms, imagine that you have a city. In that city there are several shops. Some are shady, some have a good renommé. One of the shops with a good renommé decides that it is gonna build a mall. The shop invites other shops with a good renommé to join him in this shopping mall, but only shops that he can vouch for.
To fund the building of this shopping mall he creates shares. The shares are entitled to rent, in this case the shops decides that rent should be a small % of revenue.

You might have heard this in your local paper, but do you know what happens to the other shops in a city where there is build a mall? They DIE. People will go where they have options, that is the primus motor of capitalism OPTIONS/Choice.

So will the BlockNET benefit XC? BlockNET will enable the average consumer that is new to bitcoin to flirt with altcoin services all in one safe place. (like an android market or iStore).

Will BlockNET take away from XC development time? It has been stated that Xbridge is build on XC-tech, in that case most of the developement is already done.

Will BlockNET be a good investment? That depends on if someone will buy at a higher price that you did, like with everything else. But it also depends on how much "rent" it can cash in.

Will XC benefit from BlockNET? Yes! where is the money?! in the app-stores or in the non-legit apps for your phone? Ever wondered why restaurants and barber shops are so close to each other? Hotellings law(Nash equilibrium) is part of that why, but also because they benefit each other by making the customers first choice easy, where should i go shop? after that the question is, what am I in the mood for.

It is not the Product that is being sold, it is the problem that is being provided a solution to, it is all about enhancing the customer experience.

/end rant

Excellent analysis there.

The Blocknet is going to be ridiculously huge.