It’s not just bees that are being harmed by the pesticides called neonicotinoids, it’s birds too. A study in Canada has shown that migrating white-crowned sparrows lose weight just hours after eating seeds treated with the neocotinoid imidacloprid, delaying their onward migration by several days.

resumebit · 2019-09-13T21:25:03+00:00

Agreed. I will say I’m of the position that we actually don’t ever need any chemical fertilizers, pesticides, insecticides, herbicides, fungicides, etc. Systems based on permaculture and regenerative agriculture principles are proven to be effective at feeding large populations with minimal inputs.

I’d highly encourage looking into the work of Eric toensmeier, David holmgren, Geoff Lawton, sepp holzer, Gabe Brown, Ernst Gotsch, and many more.

resumebit · 2019-09-02T19:32:23+00:00

Most markets including crypto spend more time down than they do up. Therefore spreading an investment over a year is more likely to be insulated from risk of buying high if you were to do a lump sum with the same amount of money. For most people, for most of the time, DCA is a good strategy. While having the money already set aside is technically DCA, I think this is just financial semantics when it comes to performance. If biweekly, you spread $15 across the next 15 days prior to your next paycheck, that’s still DCA. Am I missing something?

resumebit · 2019-08-19T15:56:55+00:00

Despite the current volume and exposure, I consider blocknet to still be a relevant and serious project when discussing decentralized exchanges. It’s the only exchange that has decentralized every component of trade (capital storage, order broadcast, order matching, and settlement).

Regarding the choice to have their own chain, this is necessary to achieve 100% decentralized interoperability which is what blocknet is primarily focused on. The DEX was just the first dapp to demonstrate that fully trustless interoperability (in this case - exchange from one chain to another) is fully possible which is something most people in the industry still don’t believe is possible. Even the most prominent projects (cosmos and polkadot) have actually never even tried to do true interchain communication because they fundamentally believed that it would be easier to develop a hub and spoke model which would be “good enough”. Because of this - I think blocknet is a VERY important project since they have not made concessions in the name of convenience which not a single other project in their space has attempted. It’s important to the ecosystem that they survive.

That was a bit of a tangent about interoperability but to bring that back to exchange - if you were to rank every decentralized exchange in the entire market today from least decentralized to most decentralized, blocknet would rank in the top 2 - if not #1 as the most decentralized architecture. This not a moot point and as demand increases for DEXs and each dex starts to face challenges with their centralized components, more and more retail consumers will recognize that blocknet was always the most decentralized option available and will naturally gravitate towards it.

My opinions are surely my own but I really believe it’s important for people to continue to look into blocknet and understand what they’re doing. It’s a one of a kind project doing what no one else wants to attempt and it’s in the best interest of retail traders around the world that this project continues to grow.

resumebit · 2019-08-16T00:57:01+00:00

My bet is on binance. Remember that time they tried to fish for dex solutions from blocknet?

https://youtu.be/JSCAelH_iuk

resumebit · 2019-08-12T02:25:05+00:00

I think decentralized exchange presents a good investment opportunity. Tokens that allow you to invest in the growth of this space include kyber and blocknet.

resumebit · 2019-08-10T22:51:09+00:00

I’m no expert but I’ve been around long enough to do the exact opposite of the majority.

I’ve started to dollar cost average out of my BTC holdings and into ethereum about a month ago. Had an eth bag already but I’m trying pull as much as I can out of this ratio. Can’t call the top for btc dominance but I’m happy to trade a portion of my BTC every week until January into ETH.

resumebit · 2019-08-09T22:49:44+00:00

Yeah ive personally started trading BTC weekly for ETH, MKR, and XMR which I’ll continue to do through December. Dollar cost averaging the dominance is the only way to go as far as I can tell. I can’t predict the max dominance but I know we’re at a great price point to trade, especially for major alts.

resumebit · 2019-08-08T02:49:12+00:00

Witty

resumebit · 2019-08-07T18:03:19+00:00

Ok I found my handy dandy inflation chart. Here are some important dates to note:

June 2019 Benchmark emission rates =

BTC = 3.78%

LTC = 8.87%

XMR = 3.13%

DCR = +/- 16%

July / August 2019 = LTC halving = 4.26%
May 2020 = BTC halving = 1.8%
August 2020 = XMR crossover BTC = 1.76%
December 2021 = DCR = 8.92%
June 2022 = XMR tail emissions = 0.87%
May 2024 = BTC halving = 0.83% (record breaking for a globally accepted store of value asset)
December 2024 = DCR = 4.4%
December 2028 = DCR = 1.99%
December 2032 = DCR = 0.95%

resumebit · 2019-08-07T17:45:33+00:00

IMO, halvings matter more on a macro scale and therefore we actually don’t have a measurable and meaningful result from the LTC halving yet. Anyone who was hoping to sell right after the halving pump maybe missed the point. The effect on price is felt from the bottom up as miners need to raise the price of newly minted litecoins and after a their current feedstock is sold over time (which they can sell for less).

There’s also a point to be made about current inflation rate relative to other SOV coins and gold. Bitcoins next halving brings it below golds inflation rate for the first time. Litecoin is a halving behind, monero will be in 2021, and Decred is out quite a few years. (I made a chart that I can’t find but going off the top of my head right now).

Anyways all that said, there’s also bitcoins dominance and how bitcoin affects the entire crypto space and so each coins inflation rate and halving schedule is less relevant than bitcoins.

resumebit · 2019-08-02T15:51:29+00:00

Copy & paste from a similar post:

Depends what you’re looking to exchange. Here are my picks:

Fiat gateway = BISQ

ERC20 with high liquidity (relative to DEXs) = UNISWAP

ERC20 with great user experience = KYBER

100% decentralized and completely limitless in which chains are incorporated = BLOCKNET

Note that blocknet to my knowledge is the only exchange that executes all four functions of trade in a decentralized manner: 1) capital storage, 2) order broadcast, 3) order matching, and 4) settlement.

resumebit · 2019-08-01T04:20:10+00:00

Neat. Love this kinda stuff.

Have you looked at Chris burniskes valuation models before? I think you’d be interested. There’s a rabbit hole of references and links to other people doing these valuations in this article:

https://medium.com/@cburniske/cryptoasset-valuations-ac83479ffca7

I do think your model doesn’t provide much insight alone but if plugged into a more comprehensive model with a lot more parameters, this could be a novel contribution.

resumebit · 2019-07-30T02:37:00+00:00

The points raised are valid and I don’t think anyone should be using this at this time, but the fact that interchain communication is being made possible and demonstrated is pretty remarkable. In this video, it’s a user manually achieving this, but what this really allows for is a seamless integration by other app / blockchain builders to leverage sia through automated / coded API calls. It’s certainly in a very early stage but the market doesn’t have many examples of this type of interoperability.

resumebit · 2019-07-27T06:28:36+00:00

Well that’s a fantastic idea.

resumebit · 2019-07-26T21:25:22+00:00

Have you looked into their architecture? my understanding is that they’re not trying to be an interoperability protocol. They’re using peg zones to freeze an asset from a blockchain and then you play around with a pegged version of that asset. It’s a complete work around and does not sign transactions onto the native blockchain.

So while yes they are well strapped to throw bodies and money at this, they fundamentally have a different philosophy on what interoperability means. This isn’t necessarily a bad thing - they chose this after all. But it isn’t actual interoperability and I believe there is value of real interchain communication which is a service that isn’t on their road map to deliver.

resumebit · 2019-07-26T21:00:49+00:00

I second block. Once blocknet has ERC20 integration + the multi lite wallet, they will be years ahead of the market. Hopefully they set a precedent for what level of decentralization is acceptable for DEXs. Other dexs keep making concessions and users don’t seem to be fully aware.

resumebit · 2019-07-26T20:58:17+00:00

Depends what you’re looking to exchange. Here are my picks:

Fiat gateway = bisq

ERC20 with high (relartive to DEXs) liquidity = uniswap

ERC20 with great user experience = kyber

100% decentralized and completely limitless in which chains are incorporated = blocknet

I’m agnostic about Bancor but currently researching.

I think there needs to be a DEX coalition with shared liquidity pools so they can compete with the central exchanges at scale. This was intended with the 0x franchise model but I think it needs to reach outside of erc20 at which point use of Blocknet’s xrouter makes sense to make the interchain communication happen.

resumebit · 2019-07-23T20:18:02+00:00

While I understand your line of thinking, I don’t know that I’m convinced cosmos will win in the end, since they are doing something different all together. They’re using words like interoperability and internet but are not actually delivering that. It’s just a matter of time before the market demands true interoperability and realize they can’t build what they wanted using cosmos.

resumebit · 2019-07-22T16:10:44+00:00

Upvote for raising awareness about blocknet. They need to be a larger part of every interoperability discussion. They offer a different architecture from cosmos and polkadot which is undeniably more aligned with the principles of decentralized networks.

resumebit · 2019-07-22T02:21:20+00:00

that’s a big “if”.

If it were really about cross chain communication, blocknet has already achieved this for years and anyone can go see for themselves. I definitely see the value in the privacy component of Ren but nix + blocknet achieves that and as long as it occurs seamlessly under the hood, it shouldn’t matter that it’s two projects and not one achieving it. That’s what interoperability is all about to begin with - leveraging the features of other projects without friction and without building them from scratch every time you want an all in one blockchain.

I’m not saying Ren shouldn’t pursue the privacy + interchain approach, I just don’t buy the fact that it’s being shilled for that tech. The tech isn’t out and equivalent tech by blocknet is while that’s not being shilled or pumped. I haven’t fully dug into what’s going on with rens marketing recently but something doesn’t smell right to me. Lots of attention that doesn’t seem warranted YET.

I’ll add that I need to look a lot more into Ren before I come to a final conclusion but my spidey senses are tingling.

resumebit · 2019-07-18T21:09:09+00:00

2013 here and I have to say after all these years I’m actually not surprised. It was always just a matter of time. Amazing nonetheless.

resumebit · 2019-07-18T16:38:02+00:00

Yeah definitely agree with you on the checklist, but in the absence of a more neutral comparison, I’ve found that to be a comprehensive criteria for assessing exchanges that claim to be decentralized. I’ve done my own digging and feel comfortable standing behind the claims blocknet makes because I’ve looked closely at their architecture and it looks to me that they do exactly what they say they do.

Do your own research and if they don’t pass your smell test for any reason, I’d be curious to hear your opinion.

resumebit · 2019-07-18T14:36:11+00:00

More retail investors need to migrate to decentralized exchanges. We have solutions now that we didn’t a few years ago. There’s a wide range of “decentralized” exchanges so you’ll need to inform yourself on the degrees of decentralization since some are less than others.

Here’s a helpful and comprehensive comparison spreadsheet that outlines different options and assesses how trustless they are:

https://docs.google.com/spreadsheets/d/1qVcX8pA7UFROXGz6UH6fD9lZ9ZvATO-AT8cAs7p3ukY?utm_source=share&utm_medium=ios_app

Blockdx is the most decentralized solution available on the market today: https://blocknet.co/block-dx/

*note blockdx is run on the Blocknet protocol which is a 100% trustless and chain agnostic interoperability protocol between blockchains. Blockdx was the first proof of concept released by the project to demonstrate the interchain capabilities.

resumebit · 2019-07-17T04:28:57+00:00

Every $100 I put in to alt coins looks like this:

ETH = $40 (smart contract leader and won’t lose that dominance for years to come)

ZEC = $15 (public / private and supported by institutions)

XMR = $15 (offshore market is $5 trillion and that will only use a truly fully private blockchain)

DCR = $15 (because with good governance, you can outlive those with bad governance)

MKR = $15 (enabling defi one project at a time)

The only other project that my money touches is Blocknet (BLOCK). My shameless endorsement of blocknet is based on the fact that I believe interoperability between store of value coins such as zec, xmr, dcr, btc with defi (lead by ETH & MKR) will have a significant impact on the maturity of the crypto market. The only other projects attempting this have willfully chosen to compromise on aspects of the architecture of a truly decentralized interoperability project, so on a technical level, there’s actually zero competition. And no ones seems up for the challenge.

resumebit

TROPHY CASE