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Word on the BLOCK: Blocknet — A year in Review

With 2018 coming to an end, we wanted to provide the community with an overview of some of the accomplishments Blocknet has achieved over the last year and look forward to see what the future has in store for Blocknet.

2018 was a busy year for Blocknet. Between the launch of Block DX (the Blocknets’ decentralized exchange), winning best blockchain developer of 2018, and making blockchain history by sending a transaction without a blockchain installed, it has been a very productive year! This is what was achieved…

The year started out with a show of confidence and commitment to the project, when some of the team relocated to Austin, Texas, one of the fastest growing tech capitals of the world. BLOCK was added to the CryptoBridge exchange, the first roadmap of 2018 was published, Blocknet reached 15K followers on Twitter, and a support team for Block DX was created.

February saw the publication of our most popular article to date: Understanding a Decentralized Exchange, as well as the publication of the first Marketing plan of 2018.

The month of March was a productive and busy time for Blocknet with various milestones completed. On March 1st, the beta version of Block DX was released and this was shortly followed by the publication of the Blocknet Whitepaper. Additionally, there was a Blocknet branding reveal by VSA Partners, the release of a slick two minute introductory video to Blocknet and Block DX, the launch of the revamped Blocknet website, and the design reveal for the new Blocknet wallet. Blocknet also attended the Tokenfest event, and published an article on the Blocknet Protocol.

In April, BLOCK was added to the Cryptopia exchange and were the first to partner with the NIX project via their forthcoming DEX manager. On social media we held a Reddit AMA on Blockchain interoperability and released an article on Healthcare and Interoperability. Blocknet attended the Global Blockchain Expo in London where Arlyn Culwick was a sponsored speaker at the Expo giving a 30 minute lecture on the topic, “What should inter-blockchain infrastructure look like?” Many projects spoke highly of us, including kind words from our friends at the Decred project in the first part of their live stream (at around the 1:17 mark).

May marked the commencement of our first round of coin announcements for Block DX, as well as the start of our weekly coin recap series. Additionally, the first iteration of the Blocknet Coin Hub was unveiled. On the social media front, an Instagram presence was added to our online communication inventory and a new article was published on the need for interoperability. However the biggest event in May was the announcement of XRouter, an inter-blockchain SPV client (or “light wallet”) backend, enabling the verification of blockchain records from theoretically any blockchain without requiring users to download the blockchain in question. This accomplishment is nothing less than a huge leap forward for the whole blockchain ecosystem!

As May turned to June, innovations from Blocknet continued to roll out in quick succession. Blocknet released its alpha API for XRouter and presented its beautiful redesigned Qt wallet. Blocknet also gained recognition both from Blockfolio (when Blocknet was one of the first projects to be added to its Signal system) and the wider crypto community as a whole when it won the “Best blockchain developer of 2018” at the Block Awards Amsterdam while attending the European Blockchain Expo. From over 250 applicants, the judges felt that Blocknet was the most revolutionary advancement in blockchain technology in 2018! At the end of June, social media teams were established.

Midway through 2018, word about Blocknet was spreading rapidly as the project was covered on a number of crypto focused YouTube channels during July including the Crypto Tips channel here, the Crypto Investing channel here, the Crypto Candor channel here and the Crypto Zombie channel here. A new facebook group, the Internet of Blockchains, was created as an initiative to share ideas and facilitate discussions between communities that are part of the internet of blockchains.

Youtube coverage continued in August with Crypto Zombie reportinging yet another historical groundbreaking blockchain event made possible by Blocknet’s XRouter technology: the successful sending of a Syscoin transaction from one address to another, all without the SYS blockchain installed. This was the very first mainnet SPV transaction of it’s kind, ever! The Blocknet community continued to grow with Discord hitting the 2000 users mark.

In September, Brian D. Colwell (CryptoHobbit Twitter) published an in-depth interview and article with the Blocknet team and an article on how Blocknet represents a digital revolution for Blockchain was published. Block DX and the Blocknet wallet both received major updates with Block DX now having the ability for automated setup. Blocknet also had a representative at the IBM Blockchain summit in L.A. Blocknet community contributions continued to flow in thick and fast with community member ishkb1 continuing work on his Block Node Info site, Littleeagle creating, and Scott Wehman beginning a series of podcasts.

Recognition of Blocknet continued to grow, when in October Blocknet was invited to attend a selective high level European Union roundtable event in Brussels on the future of blockchain. Following our attendance at this event, the International Centre for Parliamentary Studies has invited us to create a second EU government roundtable, this time aimed specifically at blockchain interoperability and agreeing to an interchain standard. This will be explored further in the coming months. Blocknet was featured in the first screenshots of a new crypto-based arena shooter called CryptoBLAST. Block DX development continued when Ethereum trades commenced on testnet and Cloudchains Inc revealed they will be creating a decentralized lite multi-wallet dApp, which uses XRouter’s multi-chain SPV technology.

In November, the XRouter powered, Cloudchanis Inc. proof-of-concept decentralized lite multi-wallet was demonstrated at the North American Blockchain Expo in California. The first wallet of its kind anywhere! A demonstration of Ethereum, Syscoin, and many other blockchains running on XRouter also took place at the Expo and once again, Arlyn Culwick made a presentation at the expo titled “Blockchain interoperability and the inter-chain era: how decentralized API’s will transform the internet”, which will be released in December. Blocknet officially launched Coin Portals on its website and resumed coin announcements. Coin Portals showcase every token that is ready for cross-chain dApps, compatible with the Internet of Blockchains, and can be trustlessly traded on Block DX.

December saw the release of a new interview with Blocknet project coordinator Hanni and major updates to both the Blocknet wallet and Block DX. As the year ends and as the Blocknet tech stack draws ever closer to maturity, focus has now started to encompass mutually beneficial partnerships with many exciting leads already being explored as well as the beginning of the Block DX marketing push and various community outreach initiatives.


As 2018 turns to 2019, all development lines of the Blocknet Protocol will continue to mature as we lay the foundation for an “internet of blockchains”. Check out the latest Roadmap here to see what the future will bring. Additionally, there will be a marketing initiative for Block DX and a community engagement campaign and bounty programme. We hope that you are as excited as us for a Blocknet’s future and a Blocknet-powered blockchain ecosystem.

A decentralization project fundamentally requires an engaged community. If there’s anything you would like to help with, have something to add, have a problem, or would like to offer your professional skills, we want to know about it. This project, and the ecosystem as a whole, benefits when we all collaborate and work together.

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. You can view all previous newsletters here. Our next update is due on December 30th and normal service will be resumed with usual format with the latest news, proposals and all the usual regular features.

We look forward to sharing more groundbreaking blockchain tech next year and wish our supporters, community, partners and friends a very merry Christmas and a happy new year!

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The Blocknet Protocol

The Blocknet Protocol

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