XCurrency Introduces the "Internet of Blockchains" - Blocknet
To paraphrase Gil Scott-Heron, "the revolution will not be televised." "The revolution will be live; it will be blockchained." Xcurrency has broken new ground with the introduction of the internet of blockchains. This project is perhaps bound to unrecognizably alter crypto-currency as we presently know it. Cryptocurrency projects all share a common vision. The vision is one of a future free of centralized control. Today, cryptocurrencies function as isolated islands with separate blockchains, nodes and users. As a result, all of the projects currently ongoing are limited in terms of their....
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The Blocknet, which touts itself as an advancement in cryptographic technology, has begun offering peer-to-peer (p2p), cross-chain communication, marking the first stage of a new era in p2p protocol between nodes on different blockchains. The Blocknet describes itself as the "internet of blockchains," enabling open-ended communication and delivery of services between users of different cryptocurrencies, and vastly increasing the user base (and profit potential) of any given coin. In addition to announcing the availability of its first stage services, Blocknet invites any interested party....
It has been described as revolutionary, and indeed it is. The Blocknet, which is a true peer-to-peer protocol between nodes on different blockchains, enables open-ended communication and delivery of services between users of different cryptocurrencies. It also increases the potential user base of any coin. It is for that reason that it has come to earn the moniker "the internet of blockchains." Its ITO (Initial Token Offering) will take place on 29 October 2014. Blocknet: How the Idea Began. The idea of the Blocknet began with Dan Metcalf, a developer at XCurrency. He had been trying to....
The development team behind 'privacy platform' alt coin XCurrency has announced that they will soon release a BlockNet enabled mobile phone app, which will allow users to send instant messages between different block chains. BlockNet, which recently completed the first ever successful data transfers between block chains, describes itself as an 'internet of block chains' that will eventually provide a high degree of interoperability between the different cryptocurrencies which choose to take part. Sending messages between the nodes of different coins is the next step along the path towards....
XCurrency. XCurrency is an altcoin with a focus on user anonymity. After rising quite a bit during mid-2014, the XCurrency price has been locked in a prolonged decline. However, the XCurrency price has risen 20% this week. Is this the start of a recovery? Also read: Nxttycoin Price Plummets As Encrypted Messaging App Fails to Catch On. XCurrency Price Up 20% This Week. The XCurrency price rose 20% this week after enduring a multi-month decline. The XCurrency price began the week at 31,219 satoshis. The downward skid continued until November 28, when the XCurrency price hit 30,314 satoshis.....
A few projects are working to get the various blockchains out there to talk among one another, and XCurrency unveiled the details of its own project Monday, Ian DeMartino reported. On Monday, Diana Ngo reported on some big developments from China’s cryptocurrency mining industry. We are combining these two stories because they are examples of a larger trend: Capital is pouring into payment platforms right now. “Every time a coin joins BlockNet, every other coin in the network can use its features. Ideally, this means that the isolated laboratories that altcoins currently serve as can now....