About Block Collider
Cryptocurrencies are “walled gardens” which cannot reuse, trigger, or execute transactions with other blockchains. If Alice wants to execute Bob’s smart contract, she can only send cryptocurrency from the blockchain on which Bob deployed the smart contract. Block Collider lack of cooperation stifles innovation and forces users to place unwarranted trust in validators or centralized exchanges. Merging blockchains together into Block Collider is like building roads between buildings. Hypothetically, one could build a building that has everything, but in practice some buildings are built to work in, some are built to live in — as long as citizens want to be in multiple buildings at different points in time, roads are valuable and necessary.
Block Collider multichain is a high-speed distributed ledger built on sets of blocks from other blockchains, integrating those chains together and enabling many cross-chain features. The multichain supports ultra-low latency balance updates with the Financial Information eXchange (FIX) protocol and innovates on reduplication of work and incentives for miner network speed, so that the resulting multichain pushes the frontier of speed and throughput of blockchains. The Block Collider multichain is collaboratively created exclusively by decentralized peer-to-peer miners — with no centralized points of failure, oracles, or validators.
Block Collider Key Information
|Token Name||Block Collider|
|ICO start||17th Apr 2019|
|ICO end||30th Aug 2019|
|Whitelist/KYC||KYC & Whitelist|
|Token Type||Original Blockchain|
|Price in ICO||0.1790 USD|
|Whitepaper||Click Here For View Whitepaper|
|Website||Click Here For Visit ICO Homepage|
The Game Change Team Behind Block Collider
What is Overline?
Overline is the only mine able interoperability protocol that can connect all blockchains–including Bitcoin–to DeFi allowing users to move and trade freely. Block Collider No validators, no accounts, no wrapped tokens, no personal data, and no exchange/liquidity fees. Overline is entirely powered by mining (like Bitcoin) without centralized validators, APIs, or oracles. From the genesis block on May 28th 2018 Overline miners have mined 33,313,268 OL blocks, comprising 0.3% of the total OL supply of 9.8B coins from 4,476,596 blocks. Overline currently connects BTC, ETH, NEO, WAV, LSK, USDT, and DAI without validators, wrapped tokens, or centralization of any kind. Just pure cross-chain interoperability.
Overline is blockchain
Overline is an entirely custom-built multichain network that allows for genuine interactivity between disparate blockchain networks. To achieve interoperability Overline utilizes a unique proprietary consensus mechanism called Proof-of-Distance which builds upon Bitcoin’s Proof-of-Work. Block Collider are firm believers in the purity of Satoshi’s original model for decentralized finance pioneered in the form of Bitcoin’s Proof-of-Work consensus. Overline introduces cross-chain trade and interoperability with a Bitcoin-level standard of democratization and decentralization. In short, the Overline network represents trade as Satoshi would have intended.
Borderless Services Inc. (BSI) is the lead maintainer of the open source Overline Network and is an active contributor to the broader cryptocurrency ecosystem. Block Collider a user places an order on an exchange that is immediately filled, either partially or in its entirety, they are considered a “taker.” A user who does this is “taking” the price they want, right now, generally through buying or selling orders sitting on the books. Maker. When am exchange user places an order that doesn’t fill immediately, they are a “maker.” By placing orders on the books, the user helps to “make the market” and as such is considered a “market maker”.
Interchange introduces a new frontier in digital finance
Block Collider is an application interface that accesses Overline’s robust peer to peer digital asset trading network. Interchange enables cross-chain trading and interoperability without validator nodes or centralization of any kind. Interchange seeks to stay true to the pioneering ethos behind cryptocurrencies by introducing an unstoppable global marketplace and putting users back in control of their assets. Trading on Interchange is limitless. Users may trade and transact without any daily trade or withdrawal limits.
How does the interchange work?
The interchange interacts with Overline by allowing users to retrieve and place orders that exist on the multichain and presenting them in a human-readable format. An important distinction is that there are no components of the interface that risk centralization. Order books, wallet management, network fees, and every aspect of the interchange is completely on-chain and decentralized.
Each trade’s Block Collider fee will be minimal, but will vary depending on the length of the trade (meaning the longer the deposit and settlement period, the more expensive the transaction). This is because miners completing these transactions have to keep track of them longer in order to appropriately mark them for the child chains, extending the duration of computational effort and therefore the reward necessary.