About Blocknet
Market Stats
Market Cap
No data
FDV
No data
Circulating Supply
No data
Max Supply
No data
Total Supply
9,095,347.865 BLOCK
Hold Time
No data
Performance
Popularity
No data
Dominance
No data
Volume (24H)
No data
All time high
$57.24
Additional info about Blocknet
Networks and details
The price of Blocknet has increased by 0.20% in the last hour and increased by 1.14% in the past 24 hours. Blocknet’s price has also risen by 134.45% in the past week. The current price is $0.0167 per BLOCK with a 24-hour trading volume of $0.00. Currently, Blocknet is valued at 99.97% below its all time high of $57.24. This all-time high was the highest price paid for Blocknet since its launch.
The current circulating supply of Blocknet is 0 BLOCK which means that Blocknet has as total market cap of $0.00.
Price history
Today | $0.0167 | ↗ 1.14% |
1 Day | $0.0165 | ↗ 1.14% |
1 Week | $0.0071 | ↗ 134.45% |
1 Month | $0.0194 | ↘ 13.87% |
1 Year | $0.0541 | ↘ 69.13% |
Market details
Performance against other markets | ↘ 69.53% |
Performance against BTC | ↘ 74.31% |
Performance against ETH | ↘ 39.24% |
Performance in the past year | ↘ 69.13% |
FAQ
Blocknet (BLOCK) is a multi-blockchain protocol that enables interaction, communication, and exchange between different private and public blockchains. The protocol connects to external off-chain APIs and services through an oracle with a decentralized token ecosystem. Application programming interface or API is a set of protocols to build a multichain software application. However, Blocknet aims to provide developers with the capability to create the application through cross-chain decentralized apps (DApps) or use the protocol as a 2nd layer to extend blockchain functionality. According to the whitepaper, the Blocknet is a foundational infrastructure for the token ecosystem.
Moreover, by creating an “internet of blockchains,” the Blocknet empowers blockchain technology by converting thousands of isolated chains into a token ecosystem. The Blocknet provides true peer-to-peer interoperability between nodes on different blockchains.
Furthermore, Blocknet is comprised of three main components;
· XBridge - XBridge gives the ability to perform trustless exchange between any digital assets supported by the Blocknet Protocol by API.
· XName - XName is a blockchain router. It is an ecosystem of inter-chain services that need a means of routing messages to the correct blockchain, which in the Blocknet shall be achieved by an inter-chain address system.
· XChat - XChat is an end-to-end-encrypted, peer-to-peer messaging module supporting both one-to-one messages and group messages.
Block DX is the first inter-chain decentralized app on the Blocknet that needs several blockchain services. Block DX aims to be fast, secure, and reliable, and it aims to be a DEX that mimics a centralized exchange experience but allows traders to exchange directly from their wallets. The Blocknet gets supported by a network of Service Nodes similar to masternodes but with increased participation. Service Nodes host full nodes of the supported blockchains and host microservices.
Blocknet is powered by the utility token called BLOCK. Fees are paid in BLOCK while using the network, and 100% of those fees get distributed to Service nodes for supporting the infrastructure and network. The transaction fees on the work are paid in BLOCK and awarded to stakers. Blocknet works on the proof-of-stake algorithm, with 1 BLOCK getting created every minute awarded to stakers. Users require BLOCK for collateral to operate a Service Node and use certain services on the network.
The whitepaper version 1.0 got launched on March 15, 2018. Dan Metcalf and Arlyn Culwick are the cofounders of Blocknet.
We update our Blocknet to USD currency in real-time. Get the live price of Blocknet on Coinbase.
The current market cap of Blocknet is $0.00. A high market cap implies that the asset is highly valued by the market.
The all-time high of Blocknet is $57.24. This all-time high is highest price paid for Blocknet since it was launched.
Over the last 24 hours, the trading volume of Blocknet is $0.00.
Assets that have a similar market cap to Blocknet include Rimbit, Crown, SpreadCoin, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Blocknet is 0.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Blocknet news
Trending articles
Social stats
Popularity in posts
#627
Contributors
229
Posts
602,417
% About Blocknet
0.056%
Hold times
0 days
X (Twitter)
39.51% bullish
Sentiment
2.6 ★
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Highlights
229 unique individuals are talking about Blocknet and it is ranked #627 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Blocknet has an average sentiment score of 2.6 out of 5. Finally, Blocknet is becoming more newsworthy, with 0 news articles published about Blocknet. This is a 0% increase in news volume compared to yesterday.
On Twitter, people are mostly neutral about Blocknet. There were 39.51% of tweets with bullish sentiment compared to 10.33% of tweets with a bearish sentiment about Blocknet. 50.15% of tweets were neutral about Blocknet. These sentiments are based on 327 tweets.
On Reddit, Blocknet was mentioned in 2 Reddit posts and there were 6 comments about Blocknet. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.