Word on the BLOCK: January 30th

  • DX UI Beta Launch is scheduled for March 1st.
  • Following the reveal of the redesigned Blocknet wallet on April 1st, the new wallet is scheduled to launch on June 15th.
  • We are pleased to announce that an official marketing and branding proposal for VSA was signed-off on Friday, January 26th. VSA will be helping Blocknet in an official capacity over the next several months. The total cost is $152,000 and is being paid from the marketing fund. As part of their agreement, VSA will be developing branding for the Blocknet DEX.

Blocknet Roadmap:

  • February 1st — Marketing Plan
  • March 1st — DX Brand Reveal & DX UI Beta Launch
  • March 1st — New Blocknet Website
  • March 15th — Blocknet Whitepaper
  • April 1st — Wallet Redesign Reveal
  • June 15th — Wallet Redesign Launch
  • July 1st — SPV Support
  • We are creating a Support team to ensure proper assistance is available for the DX. More information can be found in the previous Newsletter. The support team will be built from of a mixture of respected community members and local talent from Austin.
  • Shane(shane) and Jeff(86b) will begin contributing to Blocknet on a full-time basis.
  • A frontend team has been brought on to support the DEX launch on March 1st.
  • SPV support is scheduled for July 1st, 2018.
  • In parallel with the roadmap, new coins will be publicly unveiled throughout the year in conjunction with the community of that coin. Please see the Coins section below for more information as well as the current list of supported coins.
  • The trading fee structure and allocation is currently being developed.
  • The team has begun DX exploit testing.
  • Yesterday there was a problem where a number of wallets encountered an issue that required some wallets to resync from scratch. The problem was identified and will be addressed in the next official wallet update. More information will be provided after the wallet update.
  • The marketing team are looking ahead to the rest of the year and are in contact with various event organisers to find marketing opportunities through sponsorships.
  • An article titled “What is a decentralized exchange” aimed at newcomers to crypto and decentralized exchanges is expected in early / mid February and is being worked on by Philip(philipmarshall), Baron(redbaron), Hanni(hanniabu) and Justice(stormingj).
  • We are pleased to announce that an official marketing and branding proposal for VSA was signed-off on Friday, January 26th. VSA will be helping Blocknet in an official capacity over the next several months. The total cost is $152,000 and is being paid from the marketing fund.
  • Blocket has extended its relationship with VSA to further its marketing strategy and brand design.
  • So far 172 coins have been addressed. 50 are currently finalized (32 unannounced, 18 announced) The 18 announced are:
  • In addition 23 coins are being reviewed for possible custom integration.
  • 144 different coins have had orders placed on the DEX.
  • Market Cap + Ranking: $181M USD | 18233 BTC | Rank 111
  • Yesterday was the highest BLOCK trading volume to-date, amounting to $11.4M.
  • BLOCK was recently added to the CryptoBridge exchange and can now be traded there as well as on Bittrex and Upbit. Because Bittrex is not currently accepting new users, it makes strategic sense to have BLOCK available on more than one centralized exchange. However, until the whitepaper is completed the application process for additional exchanges has been put on hold since most applications require the Whitepaper for acceptance.
  • Block height: 249832
  • 368 Service Nodes are currently active.
  • 2679081 staked coins are currently active.
  • The APR 7-day average for Service Nodes is currently at 20.05% and for staking it is currently 15.6%.
  • Lockup percentage from Service Nodes: 36.85%
  • Blocknet has been added to MasterNodedPro.com; Stats can be viewed here.

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

The Blocknet Protocol

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

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