After Target Update
After Target Upgrade
Block Collider protocol upgrade and how to participate as a miner or market maker.
Summary
The team has successfully deployed an upgrade allowing Block Collider to automatically resolve inter-blockchain operations (such as trades) where one or more blockchains fail.
On January 31st, at 9PM EST, a 2-day public testnet will begin, RC3 to confirm the upgrade at scale.
The software to participate in the testnet will be available at https://borderless.blockcollider.org. To participate, join the Telegram group at http://t.me/blockcollideradvanced.
Once the testnet is complete we will review and then post a tweet from https://www.twitter.com/blockcollider 8 hours before we upload the final software.
What Was Built
One of Block Collider’s founding blockchains experienced downtime of more than 3 hours from January 7th — January 9th. This is unacceptable for users, so the team went to work on a solution that would allow the thousands of Block Collider miners worldwide to automatically “pause” a dead chain without interrupting cross-chain applications or trades. This solution is now implemented.
How Do I Prepare
“The truth is that it is more important to prepare than to adapt because by the time a particular trend gains enough traction for you to recognize it and take action, it is usually too late.” ~ Greg Satell
If you are not a developer, there are two ways to prepare “PIGs” or “Passive Income Generators” for the launch Borderless next month.
Mining: Mining has a long half life. This means that those who stick with it longest, even with the smallest hardware, often are rewarded with the most ownership of the network. This advantage is often skewed toward the earliest adopters. To mine Block Collider, you will need an internet connection with at least 5MB/s speed and a computer running Windows, Linux, or Mac with at least 8GB of memory. Learn more about how to mine Block Collider. https://docs.blockcollider.org/docs/beginners-guide-to-mining-block-collider
Market Making: Market making is one of the least discussed industries in modern financial markets. All the dramatization of “Wall Street” is just that, drama. In reality, those who create the most value are least likely to share their strategy. The silence around market making is an unmistakable indicator of its value. The Block Collider team have created a market making bot which will automatically trades on your behalf on major exchanges (like Binance) to clear profitable orders on Borderless. While we can’t guarantee significant returns, the idea of heading to work for the day while a hard working bot generates value is appealing. Irregardless, this is an excellent introduction to one of the most profitable and least-discussed areas of financial markets.
The market maker will be available through our Small Business Program or SBP. To be notified when the software is release sign up to the mailing list.
Next
The team is eager to get AT Mining up and running. Once this is complete, the team can move on to Borderless and the opening of Emblem / NRG markets. Take a moment to think about the impact of this technology that would not be possible without this community:
A market with no opening bell, operating 24 hours a day, 365 days a year. It can’t be turned off.
An immutable private ledger that can’t ask for personal data of any kind.
Any market running on Block Collider is available to anyone with an internet connection.
As nations begin to launch their own cryptocurrencies, Block Collider can serve the global community without political preference.
To learn more visit the new landing page for Borderless. https://borderless.blockcollider.org.
Freedom through cryptography,
Block Collider Core
P.s. In addition to Bitcoin, NRG, Ethereum, NEO, Waves, and Lisk Borderless will be launching with unlimited access to stable coin USDT, DAI, and Gold (Tether Gold).
After Target Update was originally published in Overline on Medium, where people are continuing the conversation by highlighting and responding to this story.