Word on the BLOCK: 30th January

The Blocknet Protocol
Blocknet
Published in
7 min readJan 30, 2019

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.

  • Stay tuned for a MANDATORY wallet and Block DX update. If not updated to this upcoming wallet release, YOU WILL END UP ON A FORK. This update is undergoing final QA and will be released soon!
  • Block DX has many new updates ready for the next release (coming very soon!). Here is a list of items that have already been completed, QA’d, and merged:
  • In-app auto updater so users can easily check for updates and upgrade from within Block DX.
  • Improved price chart with better active focus, a data legend, and volume bars.
  • Orderbook revamp to display buy and sell orders as separate lists, new design for size indication bars, and a way to easily identify your own orders.
  • Simplified order statuses replacing the API order states with user-friendly statuses.
  • “My orders” revamp for “Active” and “Inactive” tabs with new order filtering, update order statuses indicators, ability to view the order status on hover, and a unified table structure so data is aligned when changing tabs.
  • Depth chart update to fill the entire panel and reversed sell/buy sides to match with the orderbook.
  • Market pricing settings screen updated to have CryptoCompare as the default price source, shorter default refresh frequency, and indications and error messaging to let a user know when an API key is and isn’t required.
  • Bug fixes including correcting the market pair statistics data (information above the price chart) and correcting price chart data.
  • UX improvements including updated datetime format, reorganization of columns, naming conventions, and text updates.
  • There are also a few more Block DX features in development including improved error messaging so the user has a better idea of what’s wrong when an issue occurs, an informational screen to help onboard new users, and a revamped depth chart.
  • The upcoming release of the Blocknet wallet includes many XBridge updates. In addition to the items listed in the last newsletter, the following updates have been completed, QA’d, and merged:
  • Improved wallet syncing time to roughly twice as fast.
  • We have created and moved on to Testnet 5.
  • The change in Superblock amount has been successfully tested on testnet and the available Superblock amount has been changed to 40k BLOCK on mainnet and 20k tBLOCK on testnet.
  • Improve Service Node list stability including: 1) Newly started Service Nodes only need to wait 135 minutes to enter the queue instead of 20 hours, 2) Service node vin must have confirmations in excess of total number of Service Nodes on the network 3) Recently started Service Nodes are no longer part of the ranking.
  • New disconnectpeer RPC command to disconnect from a peer by specifying the peer ID from getpeerinfo.
  • Trade locktime drifts have been improved.
  • Fixed dxgetorderhistory call to not mix historical orders from cache, open/close/high/low determination, and changed volume to report denomination in the maker’s market.
  • A check has been added to make sure Service Nodes have seen the order before processing.
  • Orders are now put in rollback state if redeem is required.
  • Fixed getbalance RPC crash on account alias, remote activation, dxLoadXBridgeConf bug, state verification and fee checks, and order cancellation checks.
  • Pulled in various upstream updates.
  • Check out a preview of the new trading screen above.
  • Following these releases, a large marketing push including articles, how to videos, planned grassroot initiatives, a relaunch of Coin Announcements and collaboration with previously announced projects will begin. This will be accompanied by market makers to increase liquidity on Block DX and BLOCK airdrops so new users can begin trading right away. Block DX is the fastest, most secure, most reliable, most user-friendly, and most decentralized DEX. We’re eager to make the world aware of this.
  • Project coordinator Hanni has recorded a podcast with Allen from Darc Network (formally Stake and Nodes) discussing all aspects of Blocknet. Check it out here.
  • Blocknet will have a featured interview with Crypto Candor in the next issue of The Blockchain Brief, which is scheduled for release the day after tomorrow (February 1st) so be sure to check it out!
  • Part 1 of the 51% report on interoperability has been released and Blocknet’s Arlyn Culwick has the leading quotation. This is an influential financial research publication and is taken seriously by professionals. Check it out here.
  • The talk by Arlyn Culwick from the North American Blockchain Expo has been released! Check out this fascinating talk here and find how Blocknet’s interoperability protocol is removing the barriers of entry to the Internet of Blockchains via decentralized API’s to herald a new era of Interchain Services.
  • Receive free BLOCK in the Blocknet Social media bounty campaign! Read more here.
  • A new landing page has been added to Blockdx.co to welcome new visitors.
  • The proposals for Superblock 777600 can now be viewed here. Voting will close on block 774720, but your node must remain active until block 777600 for your vote to count.
  • The in-progress (and previous) proposals can be viewed on block-node.info or within the Proposals screen of the wallet. The in-progress proposals can also be viewed on blockdx.co.
  • 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.
  • An introduction to Superblocks and a guide to submitting and voting for proposals, can be found here. There is also a proposal category in the Blocknet Discord for focused and specific discussion of proposals and ideas. Within this category, there is a channel called #anon-snode-feedback for Service Node owners to provide anonymous feedback on proposals.
  • For Service Node notifications such as critical updates or voting reminders, join this mailing list. (Separate to 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.
  • The Blocknet Protocol currently supports 93 blockchains, all of which can be traded on Block DX. A full list of the supported blockchains can be found on the Blocknet’s Coin Hub. You can also view the current prices, ranking and market cap of of these assets (including BLOCK) on the same page.
  • In addition to this list, there are another 30 blockchains that are unannounced.
  • 137 blockchains are in progress for error resolution + finalization.
  • Besides Block DX, BLOCK is also listed on the following exchanges: Bittrex / CryptoBridge / UPbit / CoinSwitch / Cryptopia / Nova

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 15th. Until then we look forward to hearing from you!

Sincerely,

The Blocknet Team.

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The Blocknet Protocol
Blocknet

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