Details about Blocknet cryptocurrency
Blocknet
BLOCK
3+ (click to see list)
2014-10-21
Proof of Stake
1
€331,861 ( 7.03414%)
€80
10,623,047
1
Unknown
3553950x
€111024
Blocknet price charts
BLOCK exchanges
Blocknet, the crypto
Blocknet (BLOCK) is a peer-to-peer protocol and decentralized platform that aims to enable cross-blockchain communication and interoperability. It provides a way for different blockchain systems to work together seamlessly, without the need for intermediaries or centralized exchanges.
The point
The main point of Blocknet (BLOCK) is to create a decentralized infrastructure that allows different blockchains to communicate with each other and share their features and resources without sacrificing security or decentralization. This is accomplished through a combination of existing and novel technologies, such as atomic swaps, oracle services, and the XBridge protocol.
The problem
The problem that Blocknet (BLOCK) tries to solve is the lack of interoperability between blockchain networks, which hinders their adoption and growth. By creating a platform that enables cross-blockchain communication, Blocknet aims to remove barriers to entry for new projects and applications, increase liquidity and trading opportunities, and promote decentralization and security across the crypto ecosystem.
Compare BLOCK and BTC performance
| Timeframe | BLOCK | BTC |
|---|---|---|
| 1h change | 0.0423328 % | -0.113414 % |
| 24h change | 7.31 % | 0.280879 % |
| 7 day change | -3.2 % | -1.26201 % |
| 14 day change | -10.99 % | -9.72239 % |
| 30 day change | -37.91 % | -7.76318 % |
| 200 day change | -60.2 % | 126.331 % |
| Year change | -73.33 % | 132.257 % |