Blocknet

Blocknet BLOCK

Semi-centralized org. structure
  • Blockchain as a service
  • Interoperability between blockchains
131 Rank
$34.75 Price
-12.19% % 24h
-0.58% % 1h
$172,963,508 Mkt. Cap
$237,725 Vol. 24h
You are currently following this coin

Blocknet project purpose and description

Blocknet purpose and aspects

interoperability between blockchains, peer-to-peer protocol between nodes on different blockchains, no central or core currency and is thus a truly open inter-blockchain framework that can be extended as widely as the internet

Short description

The Blocknet is a revolutionary advancement in cryptographic technology: a true peer-to-peer protocol between nodes on different blockchains. This is the foundation of a technology stack incorporating an API and an application platform, which enables open-ended application possibilities and vastly reduces development time.

Abstract

A new and ambitious project is being developed, and it aims to bring a conjuction between a variety of crypto currencies and their specific technology. Meet the internet of blockchains, The Blocknet! The Blocknet will provide an application platform for future development, while embracing the combined capabilities of all its nodes, developers and communities. It is an open platform where every one is invited to bring innovation to cryptos; Blocknet works through a Platform with a decentralized marketplace, combined with XBridge technology, which enables cross-chain P2P connectivity. The Blocknet will be used to deliver a wide range of services. The fee for a service goes to the nodes rendering it. However a portion of the fee also goes to the Blocknet for delivering the service. This portion will be distributed to Blocknet shareholders. This is a revenue-generating technology specific to the Blocknet.

Link to Roadmap: n/a
Enjoying our data? We have spent over 2000 hours on Coin Research and Development. Donations are welcome!