Word on the BLOCK: 15th February 2020

The Blocknet Protocol
Feb 15 · 7 min read

Hello everybody and welcome to the latest Blocknet newsletter! This newsletter is released twice per month to keep the community up-to-date on what is happening with Blocknet. You can view all previous newsletters here.

  • We are delighted to announce the release of Blocknet Comet, the biggest Blocknet release to date! For a very brief overview, this release includes a new Service Node design, governance system, and staking protocol, but there’s much much more included. Read all the full details and update instructions here. This update is MANDATORY for everyone, regardless if you’re a holder, staker, service provider, or Service Node operator. Everyone must update by February 20th 6pm UTC +0.
  • Block DX 1.6.0 has been released! Download it here. This release includes:
  1. The ability to easily create new addresses with the “Generate New Address” buttons in the order form
  2. Support for new assets: Argoneum (AGM) Emercoin (EMC)
  3. Updated support for: BCZ, BLOCK, BTC, BZX, COLX, D, DASH, DIVI, DOGEC, DYN, FLO, GXX, HTML, INN, LBC, NIX, NOR, NORT, ODIN, PIVX, POLIS, QTUM, RVN, SCN, SEQ, SYS, VSX, XZC
  • If you are trading any of these, make sure you check the updated wallet version compatibility list and update to a supported version: https://blockdx.com/listings/
  • Service Nodes supporting XBridge should update to the latest configs. You can see the details on the most recent updates here, here, and here. To follow all updates, you can subscribe to the blockchain-configuration-files repo to receive alerts and check out the commit history.
  • The recent Blocknet Comet release includes a change to the staking reward system. Instead of splitting the block rewards so that 0.3 BLOCK is awarded to the staker and 0.7 BLOCK is awarded to a Service Node, now Service Nodes can participate in staking and the block reward is 1 BLOCK. You can read more about this change and why it was made in the release article.
  • Blocknet Comet also includes an update to the governance system so that everyone with 5k BLOCK can vote on proposals without the needing to have an active Service Node. You can read more about this change and why it was made in the release article as well.
  • A new article on The Capital has been published about Blocknet Cometcheck it out here and don’t forget to give it some claps and shares!
  • A new article was published on Hackernoon covering the Blocknet Protocol and decentralization, take a look here.
  • Blocknet was covered in a paper titled “Interledger Approaches” from the Institute of Electrical and Electronics Engineers (IEEE). Blocknet is discussed on page 9. Read the full paper here.
  • A new Service Node Operation page has been published for reference on how to go about common Service Node operations such as staking, updating, restarting, and checking your Service Node configs. Read it here.
  • The documentation portal has had various other updates published including guides for creating proposals, viewing proposals, voting on proposals, and Service Node setup.
  • The API Docs have also been updated to include the new dxGetTradingData call that will be replacing the gettradingdata call which is in progress towards being deprecated, and a new Core APIs section with featured wallet calls that are deemed useful such as getnetworkinfo, servicenodelist, and listproposals. If you have requests for any other calls you think would be useful to feature in the Core API section, ping @hanniabu on Discord so we can get them added. You can view the changelog for a full list on updates to the API documentation.
  • The Blocknet Forum has been updated to include a countdown for the voting deadline as well as the new proposal submission deadline.
  • With block-node.info being shut down, we are working on creating API calls for current proposals and current open Block DX orders, which will be used to create monitoring pages on the Blocknet website and Block DX website respectively.
  • New and updated content is still being developed for the blocknet.co homepage to provide a better overview of the protocol, governance, Service Nodes, and other aspects of the project.
  • Website / Block DX Website / Documentation Portal / API Docs / Discord / Twitter / Medium / Telegram / Reddit / Newsletter / Blocknet Facebook / Block DX Facebook / YouTube / DTube / Instagram / Minds / BitcoinTalk / Proposal Forum / Blockdx.co
  • We want to extend a huge thanks to @ishkb1 for building and maintaining block-node.info over the last few years. An invaluable resource to the community! Due to lack of time to maintain the site, it has recently been shut down. The team and community wish you good luck in your future endeavours!
  • We want to highlight the contributions by miky, baedrik, and all others that have been helping not only in the transition to Comet, but also with answering general questions about the project. These actions create a warm welcome for newcomers to the project and really help add more value to the ecosystem, so a big thank you to all!
  • The Blocknet crew continues to shout about Blocknet from the social media rooftops! Be sure to follow the various Blocknet associated Twitter accounts so you can retweet, like, and share: Blocknet, Block DX, XCloud, XRouter. If you want to help this effort and spread the word about Blocknet then you can find out about the Blocknet Crew by speaking to @TheVoice in our Discord and find out what the expectations of being a member are. Why Join Blocknet Crew? Find out here: http://bit.ly/33MmaMa
  • The proposals for Superblock 1339200 can now be viewed here. Voting will close on block 1339140, but your voting inputs must not be spent until block 1339200 for your vote to remain valid (staking is okay).
  • A guide to submitting and voting on proposals can be found here.
  • The in-progress (and previous) proposals can be viewed on the proposal forum or within the Proposals screen of the wallet.
  • Please note, proposals are being submitted to the forum individually so please make sure you scroll down and take your time to look over each proposal.
  • Voting has changed with the release of Comet. Please view these instructions on how to vote in the new system.
  • For Service Node notifications such as critical updates or voting reminders, join this mailing list (separate from the Word on the BLOCK newsletter email list).
  • Blocknet Service Node stats can be viewed on Master Nodes Pro, on Masternodes Directory, and on Block Core.

Many thanks for reading. We hope that you are as excited as us with what the future holds for Blocknet. A decentralization project fundamentally requires an engaged community, and so if you would like to help with anything, have something to add, use your professional skills or have a problem, we want to know about it.

Please also be aware that a community project is run by a diverse group of people with varying time-constraints (in a number of time-zones) and personal lives, so remember to be kind and patient!

If you want to be the first see these updates, you can receive the newsletters directly to your email by subscribing here. Our next update is due on February 29th. Until then we look forward to hearing from you!

Sincerely,

The Blocknet Team.

— — — — — —

Website / Block DX Website / Documentation Portal / API Docs / Discord / Twitter / Medium / Telegram / Reddit / Newsletter / Blocknet Facebook / Block DX Facebook / YouTube / DTube / Instagram / Minds / BitcoinTalk / Proposal Forum / Blockdx.co

Word on the BLOCK

The Internet of Blockchains.

The Blocknet Protocol

Written by

Blocknet is a 2nd layer blockchain interoperability protocol that enables communication, interaction & exchange between different blockchains. WWW.BLOCKNET.CO

Word on the BLOCK

The Internet of Blockchains. The Blocknet protocol is a revolutionary advancement in cryptographic technology: a true peer-to-peer protocol between nodes on different blockchains. www.blocknet.co

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