/biz/ - Business & Finance

>>20420126
The paper thin sell walls, given enough exposure, should propel XSN much higher than anything we've seen.
If you have the money to spare a few MNs, by all means keep an eye out.
This collab with the Raiden devs who, from what I've heard have tested the DEX and are quite impressed, is rather fresh.
We've barely gotten exposure among BTC, ETH, and LTC diehards let alone the greater crypto community.
These recent developments could potentially change that fast.
That said, I wish you well with your LINK gains and hope your entry into XSN is graceful.

>>20086295
The Medium articles have always been good. I posted a few below. XSN Wire was particularly good too. I enjoyed reading those.

Cold Staking
>https://medium.com/stakenet/cold-staking-tpos-vs-lpos-vs-dpos-ebeef4f71c48?source=collection_home---4------4-----------------------
Big Brother, TPOS, and Atomic Swaps
>https://medium.com/stakenet/posw-weekly-big-brother-tpos-and-atomic-swaps-35642fddbd8d?source=collection_home---4------3-----------------------
Exertive Proof of Stake (EPoS) Proposal
>https://medium.com/stakenet/exertive-proof-of-stake-epos-4a999807f9e4?source=collection_home---4------2-----------------------
Cross Chain Proof of Stake
>https://medium.com/stakenet/posw-weekly-ccpos-cross-chain-proof-of-stake-de1ac87055cd?source=collection_home---4------1-----------------------
Trustless Proof of Stake
>https://medium.com/stakenet/tpos-55ae6c56f434?source=collection_home---4------0-----------------------
Stakenet Light Paper
>https://medium.com/stakenet/stakenet-light-paper-56552f8c07a2?source=collection_home---4------6-----------------------
LTC Foundation/X9 Collab
>https://medium.com/stakenet/litecoin-foundation-and-x9-developers-announce-collaboration-510ca985b6?source=collection_home---4------4-----------------------
Blockchain Scalability Solutions: Blockchain and Sharding
>https://medium.com/stakenet/blockchain-scalability-solutions-lightning-network-and-sharding-efdb9d5c6703?source=collection_home---4------3-----------------------
Stakenet Multi-Exchange Trades
>https://medium.com/stakenet/stakenet-dex-multi-exchange-trades-7193243f0c13?source=collection_home---4------1-----------------------

>>20068418
>>20068432
>>20068480

(1/2)

Question 1. How did you first become involved in the cryptocurrency industry? Please tell us a bit about your background.

As I was a former gold dealer for JPMorgan for most of my career, I was drawn to Bitcoin and its similar store of value properties. I initially bought in 2013 and then again in 2014 at the US Marshals Auction of Silk Road coins. I also joined Blockchain Capitals Angellist syndicate at that time and invested directly in around 15 blockchain startups (thinking “picks and shovels”).

Question 2. When did you first hear about XSN? What sparked your initial interest in the project?

Custody is such an important topic in crypto and I was initially drawn to the innovative Trustless Proof of Stake idea. Since then, the team has continually impressed me with their professionalism and dedication.

Question 3. Please tell us more about your advisory role with XSN. What have you been working on since joining the team back in May?

So far I have been assisting the team with vetting synergistic opportunities. We are at the initial stages of the DEX and are currently in big picture discussions around the features that it should have. Like most things in crypto, there is a give and take. With a DEX, pure decentralization can have an impact on latency / liquidity and fairness of execution. We recently polled some of our Discord community to feel what our users think is most important.

Question 4. How will your experience at companies such as JPMorgan and Bear Sterns help in your advisory role and the development of XSN DExchange?

I’ve been an institutional trader for most of my career. Many of the larger crypto exchanges lack basic simple features of traditional exchanges and I intend to work closely with the team to attain a more professional solution.

Question 5. How will XSN DExchange differentiate from other DEX’s in the market?

Nervos is the newest hottest coin all the miners are ranting about.
Get in fags

Before you filthy kike pajeets call this a scam.
You're erc-20 testnet token is a scam. Nervos is 100% Proof of work, unlike 99.99% of the shitcoins you faggots hodl.

XSN is incredibly promising.
You know how shills always say their coin has Antshares vibes and XRB? Well almost no one on /biz/ gave a shit about them before they pumped.
The vast majority of /biz/ was busy buying the top of long-dead memecoins while these projects quietly sat under the radar.
XSN has everything going for it in that regard.
>tremendous benefit to the industry
>obsoletes the CEX model
>uses LN to make Bitcoin more private again
>supports all LN-native coins and ERC20, so you never have to give up custody of your LINK or LTC and you can exchange it from your private wallet whenever you want to
I've been promoting this on /biz/ for well over a year and I'll continue to do so into 2021 because I think buying into this now will absolutely guarantee you making it by early 2022 at the latest.

>>15484260
Stakenet is helping to make Bitcoin faster to send/receive and have lower fees.
You can use their wallet with a bunch of different coins and you can trade coins without them ever leaving the wallet, which is really convenient.
It will also let you pay for anything priced in Bitcoin with a variety of alts.
If you're curious about it, I'll do my best to answer your questions.

XSN

>Instant one-click private swaps between BTC, LTC, and now Tether via LN swaps. Goods payable with BTC can be bought with LTC, Tether, or XSN.
>Re-establishes privacy that LN routers potentially compromise while re-establishing privacy for otherwise-traceable BTC funds
>Truly decentralized DEX - run by MNs, secured by the network - that hosts every blockchain for every coin available for trade so the end-user doesn't need to download them individually
>Pioneered TPoS (trustless proof of stake) - stake 24/7 while your computer is off or even from cold storage
>Working to make TPoS a one-click option
>Trustless MN hosting services payable directly in XSN. Run several MNs while your computer is off and receive a 16% annual ROI in XSN
>DEX Aggregator that intends to pool together numerous other DEXes that suffer from low volume
>CCPoS - stake XSN, receive BTC, LTC, Tether
>Dedicated hardware division.
>Intending to pool MN hardware into a collective supercomputer secured by the network. The DEX is the first dApp.
>No KYC to use the DEX, perform LN swaps, or use any of the other features mentioned above.
https://www.x9developers.com/
The X9 Developers are working to obsolete centralized exchanges. They've routinely delivered on all their ambitious goals to do so.
They're doing it in a way that honors the original cypherpunks that built Bitcoin.
Stakenet is being built for the collective benefit of the entire space.

>>14924855
Yes, we are the next elite.

At this very moment, Facebook is getting grilled by the House Financial Services Committee on every aspect of Libra's ecosystem. If they think a permissioned blockchain with mandatory KYC is scary, they have no clue what they're up against in the future.
Where Bitcoin is an immutable currency existing outside the law, Stakenet is a full-fledged immutable DEX and banking platform that exists outside the law. It will be impossible to shut down post-launch. It will never have KYC.

>Instant one-click private swaps between BTC, LTC, and now Tether via LN swaps. Goods payable with BTC can be bought with LTC, Tether, or XSN.
>Interoperability between LN coins, ETH/ERC20, and EOS tokens
>Re-establishes privacy that LN routers potentially compromise while re-establishing privacy for otherwise-traceable BTC funds
>Truly decentralized DEX - run by MNs, secured by the network - that hosts every blockchain for every coin available for trade so the end-user doesn't need to download them individually
>Pioneered TPoS (trustless proof of stake) - stake 24/7 while your computer is off or even from cold storage
>Working to make TPoS a one-click option
>Trustless MN hosting services payable directly in XSN. Run several MNs while your computer is off and receive a 16% annual ROI in XSN
>DEX Aggregator that intends to pool together numerous other DEXes that suffer from low volume
>CCPoS - stake XSN, receive BTC, LTC, Tether
>Dedicated hardware division.
>Intending to pool MN hardware into a collective supercomputer secured by the network. The DEX is the first dApp.
>No KYC to use the DEX, perform LN swaps, or use any of the other features mentioned above.
https://www.x9developers.com/
The X9 Developers are working to obsolete centralized exchanges. They've routinely delivered on all their ambitious goals to do so.
They're doing it in a way that honors the original cypherpunks that built Bitcoin.
Stakenet is being built for the collective benefit of the entire space.

If you trade between BTC and LTC alone, this will have a tremendous amount of benefits to it.
>No bid orders
>No buying down sell walls
>No need to transfer
Funds and keys remain secured and completely in your control whether you wish to hold, trade, spend, or cold stake.

>Instant one-click private swaps between BTC, LTC, and now Tether via LN swaps. Goods payable with BTC can be bought with LTC, Tether, or XSN.
>Interoperability between LN coins, ETH/ERC20, and EOS tokens
>Re-establishes privacy that LN routers potentially compromise while re-establishing privacy for otherwise-traceable BTC funds
>Truly decentralized DEX - run by MNs, secured by the network - that hosts every blockchain for every coin available for trade so the end-user doesn't need to download them individually
>Pioneered TPoS (trustless proof of stake) - stake 24/7 while your computer is off or even from cold storage
>Working to make TPoS a one-click option
>Trustless MN hosting services payable directly in XSN. Run several MNs while your computer is off and receive a 16% annual ROI in XSN
>DEX Aggregator that intends to pool together numerous other DEXes that suffer from low volume
>CCPoS - stake XSN, receive BTC, LTC, Tether
>Dedicated hardware division.
>Intending to pool MN hardware into a collective supercomputer secured by the network. The DEX is the first dApp.
>No KYC to use the DEX, perform LN swaps, or use any of the other features mentioned above.
https://www.x9developers.com/
The X9 Developers are working to obsolete centralized exchanges. They've routinely delivered on all their ambitious goals to do so.
They're doing it in a way that honors the original cypherpunks that built Bitcoin.
Stakenet is being built for the collective benefit of the entire space.

If you trade between BTC and LTC alone, this will have a tremendous amount of benefits to it.
>No bid orders
>No buying down sell walls
>No need to transfer
Funds and keys remain secured and completely in your control whether you wish to hold, trade, spend, or cold stake.

>>14765382
That's stills low volume, but it will soon change.

>Instant one-click private swaps between BTC, LTC, and now Tether via LN swaps. Goods payable with BTC can be bought with LTC, Tether, or XSN.
>Interoperability between LN coins, ETH/ERC20, and EOS tokens
>Re-establishes privacy that LN routers potentially compromise while re-establishing privacy for otherwise-traceable BTC funds
>Truly decentralized DEX - run by MNs, secured by the network - that hosts every blockchain for every coin available for trade so the end-user doesn't need to download them individually
>Pioneered TPoS (trustless proof of stake) - stake 24/7 while your computer is off or even from cold storage
>Working to make TPoS a one-click option
>Trustless MN hosting services payable directly in XSN. Run several MNs while your computer is off and receive a 16% annual ROI in XSN
>DEX Aggregator that intends to pool together numerous other DEXes that suffer from low volume
>CCPoS - stake XSN, receive BTC, LTC, Tether
>Dedicated hardware division.
>Intending to pool MN hardware into a collective supercomputer secured by the network. The DEX is the first dApp.
>No KYC to use the DEX, perform LN swaps, or use any of the other features mentioned above.
https://www.x9developers.com/
The X9 Developers are working to obsolete centralized exchanges. They've routinely delivered on all their ambitious goals to do so.
They're doing it in a way that honors the original cypherpunks that built Bitcoin.
Stakenet is being built for the collective benefit of the entire space.

If you trade between BTC and LTC alone, this will have a tremendous amount of benefits to it.
>No bid orders
>No buying down sell walls
>No need to transfer
Funds and keys remain secured and completely in your control whether you wish to hold, trade, spend, or cold stake.

>Instant one-click private swaps between BTC, LTC, and theoretically any LN coin (Tether soon) via LN swaps. Goods payable with BTC can be bought with LTC, Tether, or XSN.
>Interoperability between LN coins, ETH/ERC20, and EOS tokens
>Re-establishes privacy that LN routers potentially compromise while re-establishing privacy for otherwise-traceable BTC funds
>Truly decentralized DEX - run by MNs, secured by the network - that hosts every blockchain for every coin available for trade so the end-user doesn't need to download them individually
>Pioneered TPoS (trustless proof of stake) - stake 24/7 while your computer is off or even from cold storage
>Working to make TPoS a one-click option
>Trustless MN hosting services payable directly in XSN. Run several MNs while your computer is off and receive a 16% annual ROI in XSN
>DEX Aggregator that intends to pool together numerous other DEXes that suffer from low volume
>CCPoS - stake XSN, receive BTC, LTC, Tether
>Dedicated hardware division.
>Intending to pool MN hardware into a collective supercomputer secured by the network. The DEX is the first dApp.
>No KYC to use the DEX, perform LN swaps, or use any of the other features mentioned above.
https://www.x9developers.com/
The X9 Developers are working to obsolete centralized exchanges. They've routinely delivered on all their ambitious goals to do so.
They're doing it in a way that honors the original cypherpunks that built Bitcoin.
Stakenet is being built for the collective benefit of the entire space.

If you trade between BTC and LTC alone, this will have a tremendous amount of benefits to it.
>No bid orders
>No buying down sell walls
>No need to transfer
Funds and keys remain secured and completely in your control whether you wish to hold, trade, spend, or cold stake.

>Instant one-click private swaps between BTC, LTC, and theoretically any LN coin (Tether soon) via LN swaps. Goods payable with BTC can be bought with LTC, Tether, or XSN.
>Interoperability between LN coins, ETH/ERC20, and EOS tokens
>Re-establishes privacy that LN routers potentially compromise while re-establishing privacy for otherwise-traceable BTC funds
>Truly decentralized DEX - run by MNs, secured by the network - that hosts every blockchain for every coin available for trade so the end-user doesn't need to download them individually
>Pioneered TPoS (trustless proof of stake) - stake 24/7 while your computer is off or even from cold storage
>Working to make TPoS a one-click option
>Trustless MN hosting services payable directly in XSN. Run several MNs while your computer is off and receive a 16% annual ROI in XSN
>DEX Aggregator that intends to pool together numerous other DEXes that suffer from low volume
>CCPoS - stake XSN, receive BTC, LTC, Tether
>Dedicated hardware division.
>Intending to pool MN hardware into a collective supercomputer secured by the network. The DEX is the first dApp.
>No KYC to use the DEX, perform LN swaps, or use any of the other features mentioned above.
https://www.x9developers.com/
The X9 Developers are working to obsolete centralized exchanges. They've routinely delivered on all their ambitious goals to do so.
They're doing it in a way that honors the original cypherpunks that built Bitcoin.
Stakenet is being built for the collective benefit of the entire space.

If you trade between BTC and LTC alone, this will have a tremendous amount of benefits to it.
>No bid orders
>No buying down sell walls
>No need to transfer
Funds and keys remain secured and completely in your control whether you wish to hold, trade, spend, or cold stake.

Good reads
>Whitepaper
https://stakenet.io/Stakenet_Whitepaper.pdf
>Quick rundown
https://medium.com/stakenet/multi-currency-wallet-and-lightning-swaps-stakenet-solution-7d0dafe99105
>X9's contributions to LTC
https://medium.com/stakenet/litecoin-foundation-and-x9-developers-announce-collaboration-510ca985b6
>Exertive Proof of Stake
https://medium.com/stakenet/exertive-proof-of-stake-epos-4a999807f9e4
>Great write-up of Cross Chain Proof of Stake (i.e. stake XSN, receive BTC)
https://medium.com/stakenet/posw-weekly-ccpos-cross-chain-proof-of-stake-de1ac87055cd
>The Cypherpunk Standard of Banking
https://medium.com/altcoin-magazine/the-cypherpunk-standard-of-banking-88f84a834180
>Most recent Dev Update
https://medium.com/stakenet/xsn-dev-update-july-1st-c80b1975a58

Further reads
https://medium.com/stakenet