/biz/ - Business & Finance

>>28198433
Rollups are a way of enabling more throughput on a smart contract compatible chain. So not for BTC for example. That's why there is Lightning for BTC.

For ETH for example it's rollups, sidechains of going off-chain (which is like BTCs Lightning). Sidechains are gay because they enforce third-party trust. Vitalik hates them because of that as well. Rollups don't work with BTC so you cannot build a bridge between ETH and BTC using rollups. So they are limited or require wrapping, which means not using real assets, but some Dr Skipper someone gave you for your Dr Pepper.

Only payment channel networks work cross-chain with native assets. For BTC that's Lightning and for ETH that's Connext. Stakenet buildt a bridge for those two, which let's them interconnect. Furthermore they buildt an orderbook-dex which will be hosted on their 2700 masternode network (so highly decentralized) and which makes use of that BTC-ETH bridge. So it's the only DEX supporting trades of pairs like BTC-USDT which does $40B in daily volume globally. BTC-ETH does another $20B daily globally. If Stakenet achieves aggregating only 0.1% of that volume, a single masternode will allow you to quit working in first world countries/regions like the US/EU

This thread is for brainlets who can't follow the high IQ conversations in XSN threads. So I will wrap it up for you in simple words:

>110M total supply
>45M marketcap
>cross-chain layer2 off-chain dex. Means instant, basically no tx fees, no wrapped assets, but real assets. Allows for trades like BTC - LINK
>No forced utility of XSN, all services can be used without XSN
>Having at least 15k XSN in a masternode though will enable you to profit from all income streams on the dex. These are dex trading fees and liquidity fees for example
>Trading BTC for ETH will require fees in BTC, these will be instantly used to market buy XSN. This is a price driver and will work for any trading pair on Stakenet DEX
>Total supply shrinks with burn mechanics via DEX starting from 35M daily volume. Again price driving
>The bare usage of the dex without ever touching XSN will therefor drive its price into the sky
>legit and doxed team, worked for almost 3 years on this throughout the whole bear market
>listed on tier 1 exchange Bitfinex
>burgers can buy on whitebit.com up 2 btc a day without kyc
>just one node, at conservative expectations, will let you quit wage slavery in the US and EU. In shithole countries you'll be a king, not even talking multiple masternodes

Masternode owners shall inherit the earth edition official sequel

>https://medium.com/stakenet/hydra-dex-network-upgrade-proposal-4b00a3a3fb8

Uniswap has 1.5B daily volume. If Stakenet DEX gets just 200M daily, I can stop wage cucking completly with just one node

ATH's in reach, and then.. price discovery :) All with a weak before any listing and the exchange still in beta.

When it comes to investing, the name of the game is to buy LOW, sell HIGH. Ideally, we want to buy something really low, that will rise really high. We want the potential reward to be enormously greater than the potential downside. This is called an ASYMMETRICAL RISK.

So you have to find something LOW that is fundamentally GOOD, and has the potential to rise HIGH.

Now an asset will often be LOW because it has not yet reached it's full fundamental potential, and there is an element of RISK. If you ever want to make a lot of money investing, you will always have to take on a certain element of risk.

The TRICK is to take ASYMMETRICAL RISKS, as described above.

Stakenet is one the greatest asymmetrical risks you will ever come across. Instead of choosing to make it, you're choosing to sit on the sidelines, and if it works out THEN you'll buy, at a medium price. But guess what? By that point - you're no longer making an asymmetrical play - you're holding potentially as much downside as upside.

We are getting in at the ground level.