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>> No.28915193 [View]
File: 437 KB, 828x804, lightningcode.jpg [View same] [iqdb] [saucenao] [google]
28915193

Stakenet (XSN) spent several years to get lightning swaps working, they went from pic related to a few clicks of a button (simple swap).

>> No.28476926 [View]
File: 437 KB, 828x804, lightningcode.jpg [View same] [iqdb] [saucenao] [google]
28476926

AMAs

>Stakenet AMA Part 1
https://medium.com/stakenet/stakenet-ama-part-i-bdfcb8997d6d
>Stakenet AMA Part 2
https://medium.com/stakenet/stakenet-ama-part-ii-4868cd33692b
>Stakenet AMA Part 3
https://medium.com/stakenet/stakenet-ama-part-iii-5ee01fd545e3
>Stakenet AMA with Duck D A O
https://medium.com/duck d a o/stakenet-ama-summary-a5e5816e087a
>Stakenet AMA with WhiteBit
https://medium.com/whitebit/ama-with-stakenet-xsn-transcript-fa6fcecade

>> No.27895588 [View]
File: 437 KB, 828x804, lightningcode.jpg [View same] [iqdb] [saucenao] [google]
27895588

>>27895344
>trade eth and btc right?
Yes, stakenet has worked on lighting swaps for several years pic related. After getting it stable they stress tested it showing that lightning can scale. Also if you go to
>https://orderbook.stakenet.io/monitor/xsn_btc
You can see that they made
>28766 trades in the last month
>12611 trades in the last 24 hours
>total of $25,352.37 in 24 hours
That's an average of $2 per trade. Meaning that btc can do micropayment on lightning

Now as for eth; connext testing has started in the closed beta. Currently we are waiting for the next update so we can testing the channels and hopefully trades too. But the devs have already done internal trades too using BTC/USDT
>https://orderbook.stakenet.io/monitor/btc_usdt
>change to 1 month

>anonymouse tech like xmr?
Layer 2 is more private than onchain, how much im not too sure. Also the dex has a built in tor button which you can turn on/off with a click.

>> No.27349963 [View]
File: 437 KB, 828x804, lightningcode.jpg [View same] [iqdb] [saucenao] [google]
27349963

>>27349848
Pic related, good thing the devs are very skilled.

>> No.26567681 [View]
File: 437 KB, 828x804, XSN lightning code.jpg [View same] [iqdb] [saucenao] [google]
26567681

>>26566020
>>26566038
>>26566092
I completely understand the sentiment of 'its too good to be true', thats exactly what i felt when i first discovered it. But the fact is these guys have innovating for a while(pic related) and innovating is hard, and takes time. They've been on the crypto scene for a while working on this. It's not like they just came along and started making these outrages claims. They have a visible track record and results to show for it.

>> No.26361644 [View]
File: 437 KB, 828x804, XSN lightning code.jpg [View same] [iqdb] [saucenao] [google]
26361644

>>26360811
>>26361466
cope

>> No.26360391 [View]
File: 437 KB, 828x804, XSN lightning code.jpg [View same] [iqdb] [saucenao] [google]
26360391

(X) I know DEFI is the entire purpose of crypto. Its why btc was created. So we can be our own bank.

(X) I know BTC did not succeed because it didn't scale and for btc to succeed now it requires lightning network. For similar reasons, I know for eth to succeed, connext is required.

(X) I know a DEX with atomic swaps is too slow to be commercially feasible. A lightning and connext dex is required.

(X) I know people are fearful of trading on CEX due to situations like Cryptopia and Quadriga.

(X) I know XSN is the only project with a true dex integrating lightning and connext. It will allow people to trade peer to peer directly from their computer. They always hold their coin. Never transfer to an exchange.

(X) I know XSN has an actual working product available for public beta testing, and full launch date being announced this month

(X) I know XSN is not a project that talks. They just do. I don't have to worry about an exit scam.

(X) I know XSN masternodes will process transactions on the dex and will receive the fees.

If all of the above are true, FUDers will be swinging from lamp posts and Stakeholders will be sailing into the sunset on superyachts.

>> No.26197514 [View]
File: 437 KB, 828x804, XSN lightning code.jpg [View same] [iqdb] [saucenao] [google]
26197514

BTC
ETH
LINK
you are here
XSN

>> No.26134738 [View]
File: 437 KB, 828x804, lightningcode.jpg [View same] [iqdb] [saucenao] [google]
26134738

>>26134694
>Yeah man any one ran totally run a lightning node
>yeah BRO just do it yourself
Pic related. Kys faggot.

>> No.26097253 [View]
File: 437 KB, 828x804, XSN lightning code.jpg [View same] [iqdb] [saucenao] [google]
26097253

>>26096922
checked

>>26097085
most likely real. i mean what are the odds of getting a larp that specific right? it was over 4 fucking months ago.

>>26097194
also this. pic related.

>> No.26048981 [View]
File: 437 KB, 828x804, XSN lightning code.jpg [View same] [iqdb] [saucenao] [google]
26048981

>>26048607
>DEX adoption. First release of the DEX was sort of a flop since it was too complex to use but will the new SSUI fix that? You still have to download the DEX instead of having it on a webapp (I know for what reason they decided to do this but normies don't care).

there was no 'first release' of the DEX. we have only had beta products to assists with development. this is standard practice.

the fact that the DEX is downloadable is of no concern. are you suggesting that people arent capeable of downloading a platform and using it? even if this was a concern in regards to accessibility, a mobile version is currently underworks. but i dont believe they should make this a priority at all.

>DEX fees. Opening and renting channels wasn't that much cheaper than onchain txs (if those onchain txs were done in quieter times)

The most recent info suggest that fees will indeed be more affordable and of course they have streamlined the process of renting/closing channels etc so it all happens under the hood, at the click of a button.

>Regulation. This is probably general fud. It might hit any crypto but XSN might be on the radar earlier. No it won't stop XSN but if it's illegal in a lot of places a lot of people will pull out and the price and DEX usage will dump. Yeah you autist drug deep web users might not care but a whole lot do.

This is the only genuine FUD. there is no doubt we will become a target of law enforcement and regulation. This product, as large scale solution, is an existential threat to centralisation.

>>26048607
>Unachievable future goals. Hydra etc. are just theoretical concepts now. Maybe they'll never be able to be realised in any good way.

What they have accomplished so far was once described as unachievable. And it isn't just 'theory', they have the means of making it possible. of course it will be hard work and take time, just as it has taken time to reach this point.

>> No.26015169 [View]
File: 437 KB, 828x804, XSN lightning code.jpg [View same] [iqdb] [saucenao] [google]
26015169

>>26014689
Innovation is hard. It not only cost money - but time, skill, and passion. Just because something is obvious doesn't mean it is easy to profit from. A cure for cancer would obviously be immensely valuable, but the race to do so has costed enormous resources to little avail.

The XSN team have put in the hard work, day in day out. They have been innovating for years now and silently leading in the crypto space(pic related).

The accumulation of their hard work and skill can now clearly be seen. The recent listing on bitfinex confirms their legitimacy as a development team(they have a strict listing criteria and would only list a legitimate project)

The markets are not effecient, they are not rational and they often dont make sense. Look at the dogshit in the top 20 right now. Does it make any sense to you? Time is the ultimate equaliser and eventually these useless vapourware coins will fade into nothing, and only the projects with real utility will be left standing. XSN will be one of them. You have been handed an opportunity to get in early. Do not pass it up.

>> No.26007520 [View]
File: 437 KB, 828x804, XSN lightning code.jpg [View same] [iqdb] [saucenao] [google]
26007520

>>26007474
You dont even know what you dont know

retards like you confirm to me everyday that i am sitting future millions.

>> No.25645668 [View]
File: 437 KB, 828x804, lightningcode.jpg [View same] [iqdb] [saucenao] [google]
25645668

>>25645575
Yes. This Dex is basically like a race. Expect instead of horses running you get traders coming to the Dex.

Being the only Dex with Lighting + Connext is a huge lead for Stakenet. All the other "Dexs" don't even come close, because it took them a years to make it happen. Pic related. (Also the Dex is smooth as fuck)

>> No.24804975 [View]
File: 437 KB, 828x804, xsn.jpg [View same] [iqdb] [saucenao] [google]
24804975

>>24804912
Apart from that, the other advantages of the Stakenet’s Cross-Chain Lightning Swaps are:

>The coins which the users hold never leaves them unless the transaction is completed giving them unlimited access to their coins.
>With coin in their wallets, they also benefit from all the utilities, features and staking rewards of the coin.
>The user remains anonymous as he doesn’t have to provide any Know Your Customer (KYC) details to anyone providing the user with complete anonymity and freedom to trade fearlessly.
>Not being in hands of central authorities, the Stakenet dx cannot be shut down by anyone, not even Stakenet.
>All transactions are done on a peer to peer basis without the involvement of a central authority, making the transaction more secure and less expensive as the fees are lower.

>> No.24644235 [View]
File: 437 KB, 828x804, lightningcode.jpg [View same] [iqdb] [saucenao] [google]
24644235

>>24642832
Are the transactions instant?
>Once funds are on layer 2 then yes.
>Is it real crypto not derivative shit like fantom?
No wrapped bullshit, native bitcoin/ eth etc.
>Do you need to wait for the initial transaction every time you start trading?
If you leave your channels open you don't have to wait for funds to move to layer 2 since it's already on them. See >>24641381 "watchtowers and submarine swaps" DYOR.
>Will the service be complete soon before the market competition beats it out?
No other project is capable of lightning swaps, they aren't even close. Stakenet is extremely far a head. (2 years ahead fyi). Eth swaps is expected to be tested by the closed beta group in the coming weeks.
>Is it secure?
Yes/No, it's a downloadable light wallet with built in dex function. Password protection / pin is yet to be added, though it shouldn't be too difficult to do (i think they want to do eth swaps first) (they are currently doing an AMA in the discord (it's a several day thing) so you could ask in there.
>Is the team good?
Yes, see pic related. Also they have had no ico because they took over posw which was dying and saved the investors. They have helped litecoin with their lightning and worked with the raiden/connext team who have all praised their work.

>Is it easy to use?
Yes, no KYC. Just
>download
>transfer funds
>move to layer 2 (how long this takes depends on layer 1 speed which should reduce as layer 2 is adopted.
>trade

>You anons do understand what a decent dex means right?
>You literally only need a way to use your coins for payments before banks are obsolete. >Jews will fight this with everything they have (they own government, banks, insurance companies, media, the internet servers etc.) before they will hijack it if they cant ruin it.
We know anon, during stage 3 of the dex (HYDRA), the entire dex will be hosted on the masternode layer FULLY. Meaning unless you shutdown all 2700+ nodes (currently) you can't shut it down.

>> No.24170020 [View]
File: 437 KB, 828x804, lightningcode.jpg [View same] [iqdb] [saucenao] [google]
24170020

>>24169999
Checked.
https://link.medium.com/f9N6jcE067

>> No.23920344 [View]
File: 437 KB, 828x804, lightningcode.jpg [View same] [iqdb] [saucenao] [google]
23920344

There is no other DEX that can perform lightning swaps. Not a single one. Stakenet DEX is the only project capable of this feat as they build this tech from the ground up. Other 'dexs' wish they could be what stakenet has already built.

XSN is the future of trading.

>> No.23755710 [View]
File: 437 KB, 828x804, lightningcode.jpg [View same] [iqdb] [saucenao] [google]
23755710

>>23755623
Very talented pic related.

>https://link.medium.com/f9N6jcE067
>This is guide how to do a raw Lightning Swap. It’s pretty remarkable that Stakenet have been able to go from requiring to do all that to do them to just simply clicking a few buttons when you think about it

>> No.23658280 [View]
File: 437 KB, 828x804, lightningcode.jpg [View same] [iqdb] [saucenao] [google]
23658280

>>23658233
Checked.
>>23658264
They have achieved amazing results and progress. Have a read of pic related.

>> No.23616152 [View]
File: 437 KB, 828x804, lightningcode.jpg [View same] [iqdb] [saucenao] [google]
23616152

>>23616062
>Soon
Don't forget to wait for chainlink staking too.
>Soon
Is not an argument. real dev work takes time. This ain't some quick pump and dump scam or rugpull that faggots on /biz/ love to waste their money on. This is a legitimate first of it's kind project.

>> No.23599189 [View]
File: 437 KB, 828x804, lightningcode.jpg [View same] [iqdb] [saucenao] [google]
23599189

>>23598945
>stress testing what? that lightning channels work as lightning channels?
Stress testing large amounts over lightning on the DEX so they can prepare for more volume when the dex is fully released.

>bit fucking shady imo to be using bots on a dex.
Nothing shady about stress testing. A usable Lightning Dex has never been done before. Link below and pic related is what xsn has done.
>https://link.medium.com/f9N6jcE067

>totally undermines the reason for having a dex in the first place.
No it doesn't look at pic related here
>, are planning to push the limits and publish our result that prove LN/L2 DEX can handle mass traffic and the integrity to compete with CEX's
>mass traffic and the integrity to compete with CEX's
>>>23598850

>when is burn function coming
Soon(tm)

>> No.23571700 [View]
File: 437 KB, 828x804, lightningcode.jpg [View same] [iqdb] [saucenao] [google]
23571700

>>23571678
Probs some shitcoin. I haven't heard of any projects that came near to what stakenet has done. Pic related.

>> No.22903546 [View]
File: 437 KB, 828x804, lightningcode.jpg [View same] [iqdb] [saucenao] [google]
22903546

>>22903324
>kleros
Kys
>>22903438
Your fud is pretty bad.
>>22903528
Implying XSN is a scam. Neck.

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