>holding a little baby bag of BLOCK It's better than nothing I guess.
Hudson Roberts
No, it's not. BlockNet decentralizes all 4 functions of an exchange, including order book matching.
BitShares is not fully decentralized. Not even close.
Christian Bennett
I hold 5050 BLOCK I can run a node :^) Gonna make $300K / year on fees alone You jelly, cuckhold?
Jace Ortiz
got 140 of these, am i gonna make it
Aaron Murphy
The funny thing is that's actually a good estimate based on what BlockNet can and will do, enjoy those trading fees you lucky fuck.
Holding a small amount wishing I bought more.
Grayson Nguyen
Yes... Block is going to $100
Alexander Martin
OP do you know the general calculation of how much a node can earn in dex fee's reletive to a certain mktcap?
Brody Flores
everytime i see faggots shilling coin on /biz it's about to fucking crash and they luring newfags in. >what have we became /biz >we sold all last humanity for cryptos
Alexander Jones
fuck up you will hear about blocknet a lot in the future atleast think long term brainlet
Cooper Roberts
I can get 5k block. What makes you say you will get 300k off of running a node? Also how would this be more profitable than other coins with master nodes?
Because it's an exchnage node, not a masternode. For every transaction their is a 0.30% fee, which is collected in BLOCK.
Now there can only be 2016 exchange nodes. Say this exchange has an average tx volume of 5000 BTC, quite conservative even still for a fully equip DEX.
5000 BTC = currently 125 million, equals 375,000 of of fee's, distributed for a maximum 2016 potential DEX nodes.
That's 186 dollars a day in DEX fee's, not their most likely will never be 2016 DEX nodes for many reasons, so this figure is likely to be distributed among fewer nodes.
Given what POLO and TREX bring in in fee's, if BlockNet's tech does what we all think it's capable of, then yeah, these nodes will be as valuable as a STRATIS one.
Luke White
This post is the definition of blind hope and zero substance... or it's a good parody.
Noah Cooper
>he thinks interoperability is a joke
Short sighted huh? Still believing in the beans?
Whether you like it or not blockchain is heading for an inter-chain era, BlockNet is already years ahead of it's "competition".
Colton King
There is no saving you spastics, enjoy the pink wojaks.
Samuel Diaz
You gonna make a rebuttle or can yo admit you are too stupid to even do your own research?
Bentley Rivera
Is this about to explode with all the exchange trouble that's going on? I should've bought more.
Isaiah Cooper
Shit, I REALLY should've bought more.
Lucas Campbell
here we go again it's on biz on it's ath...
Landon Long
>implying
Nolan Bailey
how does that work, can you explain or link me somewhere? thanks
Christopher Thompson
holy shit i'm buying 10k of it for two nodes, and then i will laugh at all you fuckers, virtual and IRL ones
"Thirdly, the rollout of service nodes includes a voting system, which will provide for decentralized governance of network and protocol-related changes. Pending community support, this will provide a solid financial basis for the Blocknet's future, by creating new funds to pay developers and to cover marketing costs."
Isaac Parker
Isn't Blocknet limited to a handful of coins?
Adrian Watson
I thought I was smart selling at around 31k
Elijah James
work in progress
Jackson Roberts
Thanks for the heads up just sold it all to new bagholders
Jaxon Howard
When Lightning Network is operative and decentralized exchanges can be run without trusting the project of a former scammer people will realize they just can dump this shit and make BTC fees by running LN hubs.
Oliver Robinson
What about the owner being a scammer?
Brayden Gray
This is the FUD I sold on
Isaiah Lopez
It's not FUD, developer is a former scammer.
Also, in order to run this, you need full nodes of each coin you want to trade in.
They will never be able to get a normie-friendly internet browser layout so people will stuck to fast, browser-based centralized exchanges because people are fucking stupid.
Brandon Campbell
SPV Dev+ mobile app are wip
Nathan Watson
so fucking keen to buy OP's bags thanks for the tip
Juan Stewart
1) Why do you think it's ran by a former scammer? 2) A decentralized exchange is more than just atomic swaps. You still need order book matching.
>red herring after red herring Whatever, faggot, the guy is right >everytime i see faggots shilling coin on /biz it's about to fucking crash and they luring newfags in.
Camden Morgan
How is it decentralized if you have to rely on SPV or mobile apps lol
>2) A decentralized exchange is more than just atomic swaps. You still need order book matching.
Which can be achieved with LN sidechains etc
What do we need another token for?
Ayden Reed
>HAHA NOT FALLING FOR THIS SHILLING THIS TIME >ATH >OK OK ILL SELL I LEARNT MY LESSON BUYING SHILLED ATH BAGS BEFORE >SELL HAHAHA EASY GAINS >INSTANTLY GOES HIGHER JUST