Everyone who understands Bitcoin and crypto-currencies knows the blockchain is an incredible technology that already is starting to revolutionize the world. Today a new coin is going on sale at Poloniex and Bittrex called BLOCKNET that is hoping to change the internet itself using the blockchain technology. We are always very excited to see growth in the Bitcoin sector with new innovative coins and ideas.

We also know we need to keep an eye on the developers, updates on success of moving forward with the project and more, but it sounds like a great project to attempt to work on.

On the official BLOCKNET news release they state “The Blocknet is a revolutionary advancement in cryptographic technology: a true peer-to-peer protocol between nodes on different blockchains. It is the “internet of blockchains,” enabling open-ended communication and delivery of services between users of different cryptocurrencies, and vastly increasing the user base ( and profit potential) of any given coin. Its ITO ( initial token offering) will take place on 29 October 2014.

Here at Bitcoin Galaxy we are always excited to see new technologies and projects using the power of the blockchain and we will keep our eyes on this one and other ground breaking ideas as well.

*This is not a message to influence buying or selling of this coin in any manner. It is data and personal opinions only. Please only trade crypto-currencies if you are knowledgeable and have the extra funds to do so. We are not responsible for anything related to this subject matter.