/biz/ - Business & Finance

>>24032260
It's been being tested in the dev group for months. I expect it to hit the closed beta group that's currently testing the SSUI shortly. We just had this exact same conversation the other day. In memory of that, here is your favorite webm demonstrating BTC/WETH swaps from back in July.

>>23848585
I don't believe there's a wrapped version of XSN itself, though it's been suggested as coins like DASH are doing that.
Early Raiden tests involved swapping BTC and wETH. Argument for using wETH being
>wETH is unique because it is backed by the security of ETH itself, so no loss of security or use of any side chains (it uses a smart contract on ETH to wrap the ETH, so it can go off chain/ have ERC-20 characteristics)
It will have native interoperability with ERC20s.
Goal being to swap real assets and avoid wrapped assets and sidechains as much as possible.

>>23830128
Going off the way X9 has worked in the past, broader ETH tests will likely come once SSUI stress-testing is finished. Whenever they introduce something new to the wallet, it goes through heavy stress testing first.
>"hard" LN swaps between LTC/XSN in October 2018
https://www.youtube.com/watch?v=vOjuSurGkLQ
>consolidate it into a multi-platform light wallet by September 2019
At that point (0.0.4.7), you needed a "swap buddy" to send you an invoice and the wallet itself was pretty barebones.
>successfully implement auto-channels and DEX orderbooks by November 2019
https://www.youtube.com/watch?v=yLq7xIjf_hc
Now you could swap tiny amounts of XSN/LTC on your own if you had both.
>intense swap testing on XSN/LTC (cheaper to test with LTC) until it was hardened and near-perfect
>move it to BTC once stable enough and repeat
>implement channel renting for 1 coin deposit swaps
>implement the front-end of SSUI (executes swaps once channels are manually opened)
>implement the back-end (automatically opens/rents/closes channels and swaps)
>rigorous testing
I've seen every stage of this as it has come along and have yet to be disappointed.
>>23828779
>>23830114
24-word seed phrase and auto-backups atm. There have been requests to add an additional level of password protection atop that before public launch.
BTC/ETH swaps have been in testing since July or possibly even earlier. Webm related is from a few months ago.

This DEX will make cz seeth bitch and moan by EoY.

>>23658722

>>23641471
>Sorry, in fact, they haven't even started to integrate Raiden.

do you have any evidence to support this?

>>23634142
clearly.

You niggers still dont fucking understand. This is THE DEX. This is going to become THE primary cryptocurrency exchange and you have a chance to get in at the ground level.

>>23481826
thanks for the bump, please take your pajeet shitcoin back to where you came

Based.

One day gentlemen, all these crypto ponzi schemes will come crashing down and whatever capital is left will desperately rush into REAL infrastructure that facilitates TANGIBLE use cases that the market needs to move forward.

We have already seen the rise of Chainlink, which is building infrastructure that allows smart contracts to actually work in the real world.

Stakenet is building infrastructure that connects the most important blockchains and allows seemless, instant connectivity between them. If you cant see the value here than this isn't the asset class for you.

>>23330894
>he doesnt know

>>23326160
yeah that isn't p2p interchain trading

>>23296840
Where are you getting your info? Vid related is where Raiden was in the summer. At this point, trivate keys are already embedded in the wallet.
Wasn't that supposed to take until 2022 or whatever like the DEX? Fudders forgot about that one quick.

>>23287840
thanks for the bump.

>If someone on /biz/ is working full time to try and persuade you NOT to buy something, its probably worth looking into.

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-core-dev-update-july-12-2020-72cac6050377
https://medium.com/stakenet/xsn-core-ledger-update-july-20-2020-a446e7f7af4

Further reads
https://medium.com/stakenet

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, raiden is required.

(X) I know a DEX with atomic swaps is too slow to be commercially feasible. A lightning and raiden 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 raiden. 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 and you can beta test it right now in a private group in discord if you ask nicely.

(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, my masternodes will fucking buy me a nice big boat and quit wagecucking.

DEX: $1+
RAIDEN: $10+
HYDRA: $100+

>>22827915
>>22827969
keep stacking gentlemen.

Theres a lot of technical questions ITT that can be addressed and you are best off directly asking the developers who are very transparent.

Dont loose sight of the big picture. A lightning DEX with Raiden integration is very much the absolute priority right now and they are working on it at full pace. This alone will bring about a multi billion dollar evaluation. Once this technical milestone is reached and the dev's start bringing in income from DEX fee's, the project will gain a snowball effect of momentum and it will be onwards to hydra.

stakenet will make uniswap obsolete

>>22499566
Stakenet (XSN)
- Team is X9, collaborated with litecoin team and raiden team for L2 solutions.
- Partnered with Frank Amato
> Executive Director J.P.Morgan March /7 years, 1 month/
> Managing Director Bear Stearns & co. /11months/
> Vice President J.P Morgan /10 years, 4months/
- Market cap: $26 million
- Has working Decentralized Second-layer Exchange in public beta right now. See pic related.

>roadmap
https://stakenet.io/roadmap/

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

>Introductory video
https://www.youtube.com/watch?v=sXj3_qKSUBk&t=94s
>Video explaining the DEX architecture
https://www.youtube.com/watch?v=e2MKOXXg048

>>22459826
>>22459940
July
>guys ETH privkey integration is gonna take 2 years
>privkey integration in 2 builds!
>guys its gonna take them 2 years to port it to Windows
lol. keep seeting