/biz/ - Business & Finance

You know what's crazy bros? Even fucking btc maxis are going to love this coin, I just can't get over how crazy that is. Comfiest hold

>>20612315
https://medium.com/the-capital/the-cypherpunk-standard-of-banking-88f84a834180

(3/3)

Looking ahead…Post launch DEX roadmap

Our post launch roadmap will have 3 stages. GAIA, PROMETHEUS, and HYDRA:

GAIA (DEX launch): At launch HUB network will start small with some restrictions in place. This is for final testing and to ensure security. DEX HUB’s act as routers, it is not possible to steal funds even if only one HUB exists, funds remain in users wallet at all times.

PROMETHEUS: Add multi hubs and expanding the network. Multi Hubs allow redundancy for uptime and greater liquidity.

HYDRA: Final phase is dubbed HYDRA. Network offloaded to XSN HYDRA nodes (nodes run on top of the Stakenet blockchain) for a global unstoppable network.

All current XSN Masternodes will be upgraded to XSN HYDRA nodes during Stage 3.
Next Milestones

Working with our aggregating partners to increase depth/liquidity + backend connections (to other exchanges, both decentral and centralized).

Raiden integration onto the DEX allows for Ethereum + all Ethereum tokens to be added to the DEX, for instant exchanging into BTC.

Trezor/Ledger integration into the LW will allow trading on the DEX directly from your HW device. Trade with your keys safe and protected at all times.

Launch date: Setting official launch date for the DEX.

For more information, updates, and news, follow us on Twitter or join the Stakenet discord.

THREADLY REMINDER
>LN was poorly implemented
I don't see how Lightning will take off beyond a hobbyist phase without massively centralized interests getting involved.
>Stakenet designed an ecosystem that takes what Bitcoin implemented for LN and makes extraordinarily powerful use of it
Stakenet's solution is notable for embedding LN nodes into masternodes so the LN nodes have access to all the collateral locked in the MNs (quasi-centralized liquidity pool within a purely decentralized network). The nodes will be running 24/7 in the background atop all that liquidity to rout payments and should take very little maintenance to keep up.

It could very well solve multiple problems in the industry by meshing the gears of many underutilized together.

Lightning?
>Lack of liquidity. Not profitable enough at the individual level.
Staking?
>Inflationary. Sometimes to an extreme. Underutilized use-case outside of securing the integrity of the network.
DEXs?
>Low liquidity, low volume, paper-thin orderbooks, AND difficult to access for 99.9x% of the world.
Atomic swaps?
>A big win for DEXs but still potentially very slow depending on which coins are being swapped.
Masternodes?
>Like so many staking coins, what do they do other than secure the integrity of the network and inflate the circulating supply?

Using m a s t e r n o d e s and the collateral locked within them to power L i g h t n i n g A t o m i c S w a p s which serve as the infrastructure for what could very well become the speediest and most liquid D E X in the industry and using a conservative inflationary supply to gradually produce more m a s t e r n o d e s which, in a way, provide an opening to expand the exchange with additional servers so it doesn't hit a bottleneck. It's both genius and shocking that no one in crypto seems to even know that it exists.

Are you in Bitcoin? Do you think Bitcoin is going to scale? It can't without Lightning. The sooner we can get it fully up and working, the better it is for everyone in crypto.

Every tool we need to build a truly sustainable decentralized system, we have. If, by chance, there's some missing gaps, they can surely be programmed.