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What we don't like:

Investing in decentralized exchanges is always risky. The Blocknet site talks about other uses for interchain swaps, outside of a decentralized exchange. It is  hard to picture the intention. For Blocknet to grow even further, we will have to see an increase in those using the decentralized exchange. This will require an interface update first.

What we like:

The technology for inter-blockchain communication is necessary. Blocknet provides this technology in a way that is profitable for those running service nodes. This gives the Blocknet decentralized exchange an infrastructure for success. The decentralized exchange can exchange between all major blockchains and most of the smaller ones. They are constantly adding Blockchains to be exchanged on the platform. Running a Blocknet master node could be a good source of income.

 

Similar Coins: BitShares, Bancor, Enigma, Kyber Network, Loopring, OmiseGO, 0x

Blockchain: Blocknet

Current Supply: 29,505,549,297

Algorithm: proof-of-stake