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Showing 8 of 8 results by notyouraverageTrader
BTC falls back to 56K after retesting the 60K strong resistance, ETH back to $1,900, and Binance below 400 again...
This is a good discount for me, I plan to buy MANA, DENT, and Stakenet (XSN)... Which coins are you eyeing
This is a good discount for me, I plan to buy MANA, DENT, and Stakenet (XSN)... Which coins are you eyeing
Re: Blocknet's Decentralized Oracle Network - XRouter
Blocknet has authored numerous innovative inventions and one example is XRouter. The invention of XRouter is like the invention of the internet.
The arrival of blockchain is like the creation of the first computers. Early mainframe computers were only able to run a single program at a time, lacked any form of the operating system, and couldn’t communicate with other computers. However, this soon began to change and these early computers eventually provided the platform on which operating systems would be built.
In this way, the blockchain is similar for it provided a common base principle that enabled the early blockchain ecosystem to evolve. One could liken the development of Ethereum to that of an operating system for blockchains. Just as the early computer operating systems enabled a computer to run software applications, Ethereum allows for smart contracts to function in a similar way because it has a Turing-complete programming language and smart contracts allow for systems and rules to be created so that execution of programs can take place. In the same way that applications could be built on dedicated operating systems on computers, developers could now create their own applications relatively easily on top of Ethereum.
One can conclude that XRouter is the creation of the internet. The internet-enabled all computers and operating systems to communicate together via the agnostic TCP/IP protocol. However, at this point, the analogy falters. There is currently no “Internet of Blockchains”. By the very nature of their design, blockchains cannot communicate with other blockchains. No data between different blockchain services can be transferred, and as a result blockchain technology is at a historical crossroads. It needs to evolve and expand. It needs to achieve the same reach and interconnectivity that the internet achieved.
This is what XRouter does. It enables any and all blockchains to communicate with each other creating a true Internet of Blockchains. XRouter utilizes the TCP/IP network to connect paths between different blockchains just as the internet does with computers, and all without having to download a single blockchain. Essentially, blockchain routing is similar to general smart contract calls. This allows for interactions between any smart contract platform and any other blockchain, even those that do not have smart contract capabilities.
The arrival of blockchain is like the creation of the first computers. Early mainframe computers were only able to run a single program at a time, lacked any form of the operating system, and couldn’t communicate with other computers. However, this soon began to change and these early computers eventually provided the platform on which operating systems would be built.
In this way, the blockchain is similar for it provided a common base principle that enabled the early blockchain ecosystem to evolve. One could liken the development of Ethereum to that of an operating system for blockchains. Just as the early computer operating systems enabled a computer to run software applications, Ethereum allows for smart contracts to function in a similar way because it has a Turing-complete programming language and smart contracts allow for systems and rules to be created so that execution of programs can take place. In the same way that applications could be built on dedicated operating systems on computers, developers could now create their own applications relatively easily on top of Ethereum.
One can conclude that XRouter is the creation of the internet. The internet-enabled all computers and operating systems to communicate together via the agnostic TCP/IP protocol. However, at this point, the analogy falters. There is currently no “Internet of Blockchains”. By the very nature of their design, blockchains cannot communicate with other blockchains. No data between different blockchain services can be transferred, and as a result blockchain technology is at a historical crossroads. It needs to evolve and expand. It needs to achieve the same reach and interconnectivity that the internet achieved.
This is what XRouter does. It enables any and all blockchains to communicate with each other creating a true Internet of Blockchains. XRouter utilizes the TCP/IP network to connect paths between different blockchains just as the internet does with computers, and all without having to download a single blockchain. Essentially, blockchain routing is similar to general smart contract calls. This allows for interactions between any smart contract platform and any other blockchain, even those that do not have smart contract capabilities.
Re: Blocknet's XliteWallet Pushed Into "Open BETA" - 25% Gains last 48 hours
The bullishness of Blocknet means believing in the important things about DEX... And I mean it's not just believing in the importance of DEX things - it's believing that DEX as a whole has solved a lot of crypto things...
Decentralization: No central authority can control a coin. Solved.
Scarcity: Nobody can forcibly change the algorithm and create a new coin or engage in other nefarious activities to the source code. Solved.
Security: Handled correctly by DEX, nobody can confiscate coins, short of coercion/torture of the individual. Solved.
These fundamentals are truly solved by most of the DEX's.
Decentralization: No central authority can control a coin. Solved.
Scarcity: Nobody can forcibly change the algorithm and create a new coin or engage in other nefarious activities to the source code. Solved.
Security: Handled correctly by DEX, nobody can confiscate coins, short of coercion/torture of the individual. Solved.
These fundamentals are truly solved by most of the DEX's.
Re: Stakenet - Next short term 10x - Here's why.
Altcoins are giving us a crazy life story haha
And in this 2020 New YEae (2021st) STAKENET is some of the best investing plays out there.
Btw, I hope everyone enjoyed the holidays and are having a great New Year.
And in this 2020 New YEae (2021st) STAKENET is some of the best investing plays out there.
Btw, I hope everyone enjoyed the holidays and are having a great New Year.
Re: Blocknet solving Ethereums Centralized Data Protocol - Infura
Okay, folks... I'm not a programmer so I can't interpret code but from a network perspective, this platform seems very innovative and inventive.
To put it simply. Blocknet has 3 main tech...
XBridge - A decentralized exchange layer that connects any blockchain asset via cross-chain atomic swaps.
Xrouter - A decentralized communication layer that connects bulky blockchain networks to the lightweight multi-chain dApps of the future.
XCloud - A decentralized microservice cloud network powered by XRouter that allows for interaction with microservices, blockchains, APIs, and cloud tech that's hosted by Service Nodes. Developers will be able to put both blockchain and non-blockchain microservices on Blocknet’s “public cloud” decentralized network. This allows applications to run entirely decentralized, opening the door to the possibility of monetizable, fully decentralized applications.
I Believe there's a lot of money to be gained from running nodes on these DEXs. This is why I recently accumulated a Blocknet node to cash in on DEX trading fees.
To put it simply. Blocknet has 3 main tech...
XBridge - A decentralized exchange layer that connects any blockchain asset via cross-chain atomic swaps.
Xrouter - A decentralized communication layer that connects bulky blockchain networks to the lightweight multi-chain dApps of the future.
XCloud - A decentralized microservice cloud network powered by XRouter that allows for interaction with microservices, blockchains, APIs, and cloud tech that's hosted by Service Nodes. Developers will be able to put both blockchain and non-blockchain microservices on Blocknet’s “public cloud” decentralized network. This allows applications to run entirely decentralized, opening the door to the possibility of monetizable, fully decentralized applications.
I Believe there's a lot of money to be gained from running nodes on these DEXs. This is why I recently accumulated a Blocknet node to cash in on DEX trading fees.
Re: Stakenet - Next short term 10x - Here's why.
XRP is down for a reason (SEC, Delisted, etc.). Last week I saw XRP shillers countering people telling most of the alts are down because BTC is down.
But now it is clear. Bitcoin price is higher because Bitcoin is already TECHNICALLY BETTER than any other altcoin and not because of the network effect. In 2017, Bitcoin dominance was lower, some altcoin reaches almost the same level as Bitcoin. So network effect is not what prevents an altcoin to take the lead but it is the fact that almost all altcoin that pretends to be better than Bitcoin are technically flawed. More projects will be recognized soon. As more people will be convinced by a project with a lot of innovations and achieve to be as the Decentralized KING...
Stakenet is not too bad. XSN who's soon ready with a DEX of their own featuring BTC LTC ETH XSN and many other projects. This is the ONLY instant tradeable DEX's in the world as it makes use of 2nd layer transactions. Uniswap-like interface, but an instant, and virtually feeless trading.
Their DEX's only has BTC LTC and XSN right now, but Ethereum is being integrated shortly. If you really want to be the guy selling shovels this coming Bullrun, get yourself a masternode, and profit off of the trading fees on the DEX. This is by far one of the best ''DEFI" projects out there, and getting listed on a top 20 exchange real soon.
But now it is clear. Bitcoin price is higher because Bitcoin is already TECHNICALLY BETTER than any other altcoin and not because of the network effect. In 2017, Bitcoin dominance was lower, some altcoin reaches almost the same level as Bitcoin. So network effect is not what prevents an altcoin to take the lead but it is the fact that almost all altcoin that pretends to be better than Bitcoin are technically flawed. More projects will be recognized soon. As more people will be convinced by a project with a lot of innovations and achieve to be as the Decentralized KING...
Stakenet is not too bad. XSN who's soon ready with a DEX of their own featuring BTC LTC ETH XSN and many other projects. This is the ONLY instant tradeable DEX's in the world as it makes use of 2nd layer transactions. Uniswap-like interface, but an instant, and virtually feeless trading.
Their DEX's only has BTC LTC and XSN right now, but Ethereum is being integrated shortly. If you really want to be the guy selling shovels this coming Bullrun, get yourself a masternode, and profit off of the trading fees on the DEX. This is by far one of the best ''DEFI" projects out there, and getting listed on a top 20 exchange real soon.