/biz/ - Business & Finance

They are probably the project that has developed the most upon Lightning Transctions.
The Lightning Network is supposed to be able to scale Bitcoin, and while there has been a lot of problems along the way the X9 team behind Stakenet never gave up on it.

They helped Litecoin implementing it on mainnet, before they did it on their own. Source: https://litecoin-foundation.org/lightning-network-collaboration-with-x-9-developers/

This means XSN was the third project next to BTC and LTC to implement Lightning Transactions onto mainnet.

When implementing lightning channels on a network of 2000+ masternodes it all becomes very very powerful and useful. While most masternode projects are complete trash, Stakenet actually innovated on the idea of creating a whole eco-system based on masternodes who's gonna run everything in the background. Decentralization is KEY, and this solution makes one of the most decentralized networks out there by utilizing a wide variety of jobs attached to all these masternodes.

Jobs of XSN Masternodes:

>Lightning Dex
>One click instant Lightning Swaps (NOT Atomic Swaps)
>DEX Aggregator
>Masternode escrow services
>Masternode based oracles/arbitration
>CCPoS - Staking rewards in any other coins
>Tor, PrivateSend, random hop secrets
>Masternode's collateral backed stable coin
>Lightning dApps
>TPoS - Hosting of Trustless Cold staking contracts
>Voting Delegates
>Automated payment of node operators
>Masternode Managers
>Multiple keys for Masternodes
>Enhancements for Smart Contracts and dApps
>Masternode reward split
>Masternodes Quorums Autonomous Swaps
>Cross-Chain dApp infrastructure
>Watchtower services

Who's holding XSN here? Please report in!
Feels good investing in the literal future.

IDEX just announced that they will force KYC on it's users - RIP
Binance is GEO blocking countries

If you care about privacy, look no further. Stakenet has privacy features, both as a coin, but also in it's eco-system, which is built on masternodes.
This is by far one of the best masternode projects, actually as good, if not better than DASH if you ask me, and for several reasons:

>Multi Currency Lightning Wallet with TOR-integration and 1-click lightning transactions. First time lightning transactions is made easily available to everyone with a click of a button.
- Will support stable coins, like USDT which is moving to lightning soon, this is awesome, since you'll be able to tether up inside your own wallet in seconds soon!

>Lightning DEX.
The team behind Stakenet hired Frank Amato, Former Executive Director for JPMorgan and Managing Director at Bear Sterns to help them build the DEX from the ground up, as an advisor.
As the DEX is running on masternodes with no central weakness points, the devs CAN'T shut down the DEX once it's launched, even if they wanted to!
You wont need to:

Register
Sync with the network
Submit any forms of KYC (Know your customer)

You will be able to trade anonymously.

Do your own research biz.. This one is a fucking gem, can't believe I didn't find it earlier than I did.