what's your excuse for not owning BlockNet ? shit's

shit's market cap is pathethic right now
this will go 100x

supply is extremely limited (4 mil)

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>>2852309
But anon, I already have my 5000 block for a node :)

nice volume

>>2852309
tell me why I need tokens to use a decentralized exchange.

only 85k block left on trex

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>>2852481
Need 5000 to run a service node a.k.a master node. Service nodes get a cut of the trade fees from a trade on the dex. Good incentive to hold as an increase in trade volume on the dex = direct profit for the node provider.

More nodes=less supply of tokens for trade = higher scarcity= higher price.

>>2852502
Again, why do I need to buy tokens to use a decentralized exchange? Do I NEED the tokens to use their exchange?

>>2852387
5000 BLOCK = 1 LAMBO very soon.

Volume decreased a lot, it was 70 yesterday. Probably gonna dip soon

Because it's shit. You need a full node for every coin you want to trade.

They promise workarounds but they don't become decentralized anymore.

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>>2852513
No you don't need to use BLOCK token to use the DEX.

The token is used to facilitate a trade. Say I want to buy 1eth @ market rate. The trade fee for this trade (say 0.001%) is converted from eth -> BLOCK and the block is transferred to the master nodes.

The purpose of this is to incentive the upkeep of nodes running and avoid a centralised cartel. More nodes=healthier network.

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>>2852681
SPV implementation is in the works. Rome wasn't built in a day anon.

Masternodes+DEX is rolling out in a few days. A new trading UI has been announced and will rollout next month. After this SPV will be implemented meaning no wallet downloads which is schedules for release in around 2 months.

>>2852709
At least use an attractive girl if you want people to pay attention to your post.

>>2852730
You would still need to download the SPV wallets for each coin?

In any case, how is it decentralized at that point? With SPV you are trusting someone else.


When I see this thing working in a WEB BROWSER so normies can use it then I will consider it a Poloniex killer.

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>>2852808
No, you wouldn't need to download every SPV wallet.

SPV as a concept is actually mentioned in satoshi's whitepaper so if that level of decentralisation works for him it's fine for 99.99% of the population.

Maybe cuz Dan Metcalf is a scam artist?