Blocknet Coin Price & Market Data
Blocknet price today is $1.39 with a 24-hour trading volume of $8,261.56. BLOCK price is down -4.3% in the last 24 hours. It has a circulating supply of 8 Million BLOCK coins and a total supply of ?. If you are looking to buy or sell Blocknet, Bittrex is currently the most active exchange.
The Internet of Blockchains
Blocknet is a decentralized network that connects blockchains, similar to how the internet connects computers.
Whether it’s through cross-chain dApps or using the protocol as a 2nd layer to extend blockchain functionality, Blocknet provides developers with the capability to create the applications of tomorrow.
What is the difference between the Blocknet and other blockchain interoperability projects?
The Blocknet is the only inter-blockchain (“interchain”) project that is not partisan with regard to the blockchains it integrates. While other projects “bridge” two chains via some middle chain, the Blocknet does not privilege its own chain above the chains it connects. Instead, it supports the construction of proofs of arbitrary strength about state on any chain. This way, users are not required to use any chains that they do not wish to, and the security of their interaction is not dependent upon some middle chain’s security. In a word, the Blocknet decentralizes the interchain.
Build with Blocknet Components
The Blocknet Protocol is designed to maximize interoperability between different blockchains through the use of these components. Just as the internet connected computers, the Blocknet Protocol is critical for blockchains to communicate and realize full potential.
XRouter is a decentralized communication layer that connects bulky blockchain networks to the lightweight multi-chain dApps of the future.
With XRouter, dApps can consume services and verify data on any blockchain, without the need to host blockchains locally.
By harnessing the Blocknet’s interchain overlay network (i.e. service nodes) and SPV proofs, XRouter empowers developers to build lightweight dApps that are decentralized from the ground up, and can be composed of services and contracts on many chains.
XBridge is a decentralized exchange layer that connects any blockchain asset via cross-chain atomic swaps.
XBridge was designed from the ground up to decentralize each component of the exchange process, including storage of funds, orderbooks, order broadcast and settlement.
The Blocknet’s interchain overlay network (i.e. service nodes) provides an additional layer of security checks and prevent network spam.
Powered by the Blocknet
Whether it’s through cross-chain dApps or using the protocol as a second layer to extend blockchain functionality, the Blocknet protocol provides developers with the capability to create the decentralized applications of tomorrow.