Blocknet Price

Blocknet (BLOCK) price has declined today.

The price of Blocknet (BLOCK) is $0.087042947147 today with a 24-hour trading volume of $203.09. This represents a -1.00% price decline in the last 24 hours and a -0.20% price decline in the past 7 days. With a circulating supply of 9.9 Million BLOCK, Blocknet is valued at a market cap of $862,127.

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

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

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.

Where can you buy Blocknet?

BLOCK tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Blocknet is FinexBox, where the most active trading pair BLOCK/BTC has a trading volume of $166.42 in the last 24 hours. Other popular options include Bittrex Global and StakeCube Exchange.

What is the daily trading volume of Blocknet (BLOCK)?

The trading volume of Blocknet (BLOCK) is $203.09 in the last 24 hours, representing a -36.20% decrease from one day ago and signalling a recent fall in market activity.

What is the all-time high for Blocknet (BLOCK)?

The highest price paid for Blocknet (BLOCK) is $59.66, which was recorded on Jan 06, 2018 (over 5 years). Comparatively, the current price is -99.90% lower than the all-time high price.

What is the all-time low for Blocknet (BLOCK)?

The lowest price paid for Blocknet (BLOCK) is $0.017592736687, which was recorded on Nov 15, 2015 (over 7 years). Comparatively, the current price is 394.90% higher than the all-time low price.

What is the market cap of Blocknet (BLOCK)?

Market capitalization of Blocknet (BLOCK) is $862,127 and is ranked #2041 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of BLOCK tokens (9.9 Million tokens are tradable on the market today).

How does the price performance of Blocknet compare against its peers?

With a price decline of -0.20% in the last 7 days, Blocknet (BLOCK) is outperforming the global cryptocurrency market which is down -0.90%, while underperforming when compared to similar Masternodes cryptocurrencies which are up 18.90%.

What is the market sentiment of Blocknet today?

The community is bullish as more than 100% of users are feeling good about Blocknet (BLOCK) today.