/biz/ - Business & Finance

how many master nodes to make it?
Only have four.

>>20105544
Having a masternode is already fuck you money

>>20105544
>people want to buy 1294667 xsn
>only 871094 xsn on sale
Yep, this shit it going to 100$

>>20105555
Checked

>>20105555
Damn I'm actually gonna make it

Redpill me on xsn

>>20105544
>>20105555
>>20105611
blessed thread

>>20105635
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.
>>20105555
checked

>>20105555
XSN is getting all of them numbers. CHECKED

>>20105555
Checked.

>building support level before next leg up

>>20105544
>>20105555
>>20105611

Holy KEK

>>20105839

>>20105876

>Tfw bought 13 MNs under 700sat

>>20105527
Started accumulating at 1c and finished at 7c. Feel COMFY AF with my 10mn

>>20105945
is that even legal?

>>20105555
Based

Anons, sifting through shit is the key to making it. DYOR. And get in. XSN could be face of DeFi. Be your own ducking exchange and trade P2P cross chain permission less.

>>20106007
>>20105945
Those are LARP comments trying to aggrieve you.
Don't fall for this

>>20106067
Cope faggot.

>>20106067
lol this guy. you won't get my stakies

>>20106111
Look at his posts. He shills and fuds. >>20106067
Having a hard time accumulating?

>>20105748
>>20106067

Accumulating fag spotted, kek.

>>20106111
Checked

Hah, for once I get to say: It’s still early! I think there are >100 beta testers atm., and this is a very good sign. They have a marketing campaign (yes, paid uutoob shills etc.) ready deploy alongside with the DEX launch in July. FOMO will be like nothing before.

>>20106291
*Sent from my iPhone

5 MN reporting in. I unironically feel I can make it. I’m selling shit coins ...for a loss to get further in Stakenet.

Let’s go 10k sat prelaunch . Once the light wallet is out it’s going to top 50 easy.

>>20105527
i have been looking at this for 2 years straight and never bought. i almost bought at 4 cents last month but was scared of all the crashes. the only thing i have is 30k uninvested on my bank

>>20106415

Damn sorry to hear that. Assuming you could have gotten an average price of 5 cents you would have been comfy like a mf rn. At these prices you would be considered a whale still but do you man don’t let

>>20106415
How did you not buy when they opened the DEX for testers?

Its great but if you didn't get in early or can't afford a MN then there's no reason to buy this anymore. Say you can buy 10k of these. The staking reqards for that on cloud wallet are beyond are horrible.

>>20106954
That's completely wrong. Block rewards are 45% Masternodes and 45% Staking.

Staking for example 15k in the cloud give you, minus the fees, almost as much as having a Masternode.

Staking 10k xsn on node will give you around 6 xsn per day where a Masternode of 15k gives you 9 xsn per day

I had 5k staked for a day and got 0.03 xsn after the full day. That's when I decided I'm out. I'd where you are getting your numbers.

>>20107044
You need to wait 24h to start to get decent rewards. I use to stake on cloud.stakenet.io since months and I can assure you that Staking is almost as good as Masternodes income.

>>20107044
>>20107044
Are you staking on cloud? Cloud is a pool and splits the rewards. You want to stake in xsncore or use a merchant. Or wait for ledger to do their job.

>>20106827
i said i was looking at it. i never went deep into the product but i knew it was something decent

>>20107080
Yeah I mean that was my rewards after a day of getting rewards after the waiting period. 0.03xsn. Not worth it for me. Much better staking options.

>>20107136
Staking 5k on cloud will give you around 3xsn PER day. You get a reward of each block reward earned by the cloud pool.
In total thoses 5k xsn would as said give you between 2.5 and 3xsn per day.

That's a fact

>>20106988
>Staking 10k xsn on node will give you around 6 xsn per day where a Masternode of 15k gives you 9 xsn per day
Stop saying this, because it's wrong. Staking and MN receive 45% of the rewards each per block, which is 9 XSN. Per BLOCK, not per DAY. With the number of blocks mined every day, and the rewards going to a random node for each block, the rewards work out to about 6.9 XSN per day, per node. Stop saying it's 9 per day.

>>20107253
I say that because it's what it is. I have Masternodes and each of them give me one reward of 9 xsn per day.

Concerning Staking that a simple math calculation

>>20107294
>I have Masternodes and each of them give me one reward of 9 xsn per day.
No they don't, you idiot. They give an average of 9 XSN every 31 hours. That's not "per day". I also have master nodes, and you can just fucking Google it if you don't believe me.

>>20107350
That was an approximation.. :facepalm:
Usually I get a reward each day, that's all I am saying. Of course rewards doesn't depend on days but how many Masternodes there is on the network but atm it's close of 1 reward per day, making it easier understandable

>>20107383
https://masternodes.online/currencies/XSN/
What's that number under "daily income", retard? You don't know what the fuck you're talking about. You don't earn one reward per day on average. Stop saying it and stop digging yourself in deeper. You've lost this fight.

>>20107397
What part of 'that's an approximation' don't you understand? Keep your anger issues for yourself

see you at next stop 2649 fags

Can someone help me dyor on this? Ahhhh should I just fomo. Why use this other than Kyber and shit like that????? Fuck I wish I was smart

>>20107587
Kyber and uniswap stuff only work with eth chain.

>>20105555
Nice

>>20107587

Kyber is eth Tokens only And They have regulations. It’s not permission less. They must know who you are I order to use it. StakeNet dex is permissionless.

bump

>>20105527

buy orders amount is now going towards 1.5 million XSN, while sells stayed pretty much the same

>>20107587
source on image?

What's the difference in XSN you get when you stake with a rented VPS vs cloud staking?

>>20108722
see all you faggots at the next stop; 30c.

>>20105527
test

i havent paid attention to crypto in a few years
are the new ones all just blatant ponzi schemes like this one appears to be
it makes a ton sense for this space to have gone in that direction

>>20106078
You ballsy ass nigga

>>20106078
now that's a /biz/ wallet never change anon

>>20108763
cloud staking takes a fee and is pooled staking. TPOS or staking yourself will yield better earnings. There is a tutorial on how to stake with a raspberry pi too

is it even worth buying if I can't get a MN?

>>20108937
yes, having a masternode it's like having 10k linkies. Just a small bag it's gonna make you financially independent

>>20109007
I just can't bring myself to buy at an ATH. Can someone dump already?

>>20109087
it's x6 till its ATH, which they had without having a product at all. Now the DEX is about to be released and you saw what it's capable of. Do the math

you have been warned

I can only afford 1.5k stakies right now. Should I?

>>20105555
Checked. At binance trading levels on the Stakenet DEX we are talking $1200 per day going to your MN. That's retire money

>>20109207

How tf are you getting $1200 per day? Not fudding, I just want to know the calculations so I can work out an exit point for myself

>>20106078
Based wallet anon. Put your middle finger high in the sky

>>20105527
I just bought some pin money's worth of xsn, and already impressed with the result
Genuinely wish I had some cash to piss away hard on this, some of you folk are going to be quite wealthy, a lot

>>20106411
And this doesn't include the hype from mobile versions of the wallet and dex ehich should come out not too much longer after the initial release

>>20109182
Short answer: Yes
Long answer: Yes, do.

>>20109247
The value of XSN based on Masternode income, so

Daily Volume: $1B
Trading Fees: $2.5M
To Masternodes: (90%) $2.25M
Burn (10%) $250k worth of XSN
Per MN: (Assuming 2000): $1125 per day

The value of 1 XSN = $1125*365/15000 XSN = $27.3 given the DEX runs at $1b volume per day, binance levels.

One masternode true worth: $409.5k
One masternode revenue from DEX: $410k per year per $1b volume on the DEX
Block rewards: $80k per year

Stakenet DEX is just one DApp on XSN, and DApps are only one aspect of the entire Stakenet project.

Imagine $2b volume, or $3b to beat Binance. But even with $250m volume, that is still nice income for doing nothing.

Takeaway: An XSN masternode is not just a masternode, it's a BUSINESS.

Will LiveCoin steal my money after deposit?

no they just slow

How are these wallets still a thing? It feels like 2014 all over again with this shit.

QUICK SELL IT'S CRASHING

>>20109617
Ozzy here

>>20109182

Imagine having 1.5k eth

>>20109666
i bought but let's not compare this to eth that's a bit of a stretch

>>20109666

Checked and satanpilled

>>20109672

Have some faith boi, can't you see lord KEK is with us? It's only a matter of time...

I’m in the DEX test group right now shit is legit, have done at least 200 trades over the last few hours with no issues at all and then they go and drop this bomb on us. The entire time we were trading against their aggregator tech that was doing trades in Binance and Livecoin at the same time.

Mind is fucking blow no doubt in my mind now this is the next big thing in crypto

>pic related

>>20109760
What the fuck does this mean?

I feel so out of place here. This is me on the left right now

>>20109672
XSN can at least reach the price point of current ETH in the next 2-3 years especially if the DEX becomes the "blue chip" crypto stock exchange

>>20108731

>>20106954
>muh only reason to buy is masternodes
You absolute brainlet...
You want to buy it because this thing will easily go 20x at least, not necessarily because you can or cannot get a masternode.
You had years to accumulate - literal years.

>>20105555
1 XSN MN = 1 DASH MN in 2021

>>20106078
nice /biz/raeli wallet

>>20109533
no. get in and get out quick. sometime withdrawals are stopped but you can check the health of each token in the dashboard. If that happens just wait Livecoin will eventually allow withdrawals.

>>20108767
It's unironically more like $0.5
Once we eat up the sell wall, it'll really start taking off. There might be another 2-4x before we even get to any meaningful release from the devs.

>>20109608
lol thats the core wallet. The Stakenet DEX wallet looks much slicker and normie friendly.

>>20109760
nice

>>20110859
>Stakenet DEX wallet
This hasn't been released yet right? If so do you own the private key? I'm not trusting them to hold my coins for me.

Wanted to buy but what the fuck are those scammy exchanges it is listed. Livecoin wtf

>>20110872

It’s a multi currency light wallet that has a DEX built in. DYOR. Node up anon and don’t sell. Reap the dex fees if you don’t care about xsn itself. Or just use the no kyc dex. Win win win.

>>20110872
They intend to implement a feature wherein you can hold your coins in a physical wallet while also staking and running MNs (I believe).

>>20110914
Yeah, Livecoin is the only place you can really buy it.

>>20110872
its in live beta testing right now. Team started dropping video bread crumbs of the dex in action, sourcing liquidity from Binance and Livecoin.

Anons are unironically getting antshare vibes and are pilling in. OG Ironhands who bought masternodes sub 1000 sats will be lambo shopping in 2020.

>>20110935
It's more like 2022, but yes, we will be.
I got my MN when it was under $.02 and had bought in a few times under $.05, but not enough for another MN.
I plan to get another one with some gains I get from other sources, but I ultimately want to get up to three at least and maybe five if I get unprecedented gains.

>>20110917
Right but where do you keep the XSN safe for now? Does the core wallet have a private key? I don't want to leave them on an exchange, and I don't have a ledger.

>>20109760

Welp this really is the last time to get in near bottom. I’m not in test group so no idea it’s this far along already.

>>20111071
Anon.. core wallets have been around for years. You're telling me you've never used one?

>>20111103
No....

>>20111160
Yes you have your private key with the core wallet. Do a bit of research they have been around forever.

>>20111180
Where can I find my keys at?

>>20111231

>>20111160
>>20111231

There are no keys for the core wallet. Just a passphrase and encryption. Save the wallet.dat file to a thumb drive after you encrypt it with your passphrase and you'll be fine if your computer crashes or anything like that.

>>20111288
I have the wallet.dat file.
How do I encrypt the wallet.dat file?

>>20111308
Just by encrypting the wallet it'll encrypt the wallet.dat file

>>20111308
open the waller, settings > encrypt wallet

>>20110935
I suppose I'd be considered an OG whale. Had 7.5k at the original swap and built up to 10 MNs between 2018 and 2020. I don't see the point in selling a single coin for at least another year. My bigger concern is buying a few more MNs to crack 200k.
I've been following the same basic goal since January 2019 ~ DCA into XSN MNs and BTC.
Welcome to all the newcomers and congratulations to anyone who bought in under 7 cents.
>t. bought some at 22 cents and 12 cents and 8 cents and then a lot at 5 cents and 3 cents

>>20111414
I have one MN, bought in at .05. Trying to accumulate more but it's not easy with no sellers.

>>20111538
exact same situation, we should still be good

>>20111538
>1MN
>bought in at 1900sats 3 days ago

>>20111557
I'll be happy with a 1500-2000 more xsn for staking I guess. If for some stupid reason it drops to .10 I'll go all in on another.

>>20111584
At least you got in man. Welcome.

2025 price per xsn? No memes

when is this getting listed on a real exchange? I mean sub 100BTC volume on livecoin aint doing shit for me.

>>20111692
They have a new exchange listing in the next week or two so they said

>>20111692

Are you about to stunt on us with multiple btc buy?

>>20111742

source? If it gets listed on binance, that would be a game changer and it can go on a legit run as the hype builds but livecoin alone is weak as fuck.

>>20111692
Exchange doesn’t matter if no one wants to sell.

This thread is seriously giving me anxiety abot sending a whole MN worth over the network. I've never sent around this much value.

I need to keep the stuff on the corewallet on my PC if I want to run the MN. I don't like having that on there while it's connected to the internet. God this is getting stressful. I wish the price would drop even though I have enough already.

Oh buddy I'm loading

>>20112004
>has a MN
>afraid

>>20110914
Livecoin isn't scammy. Been a while since the crypto beginning. XSN competitors aren't going to list it just yet but they will to allow more market cap into their own sites

>>20112004
Just stake and leave it alone then. You'll still earn

>>20112467
I need to put it on the core wallet for that. And leave it on my PC. Connected to the internet.

>>20112004
Sounds like TPoS was meant for you fren
https://stakenet.io/faq/#what_is_trustless_proof_of_stake_tpos_how_does_it_work

>>20112595
Yeah I'm scared too. I want to buy but it doesn't look like it's going down, and downloading the blockchain takes a while, plus you need to do it again after bootstrap, then again after encrpyting afaik.
I will probably hold off on the staking until I fully understand the tpos, hopefully locking the wallet with the xsn there is safe enough for the future.

>>20112626
just get a ledger

How’s it going to be listed on other exchanges if there’s none left for the exchanges to sell?

>>20112217
Not if there isn’t XSN for them to sell

>>20112677
How long is that gonna take to arrive. I don't want my money sitting on some random exchange. Even then, I don't see any videos about how to send it to a ledger

>>20112004
Bought a brand new Dell just to keep core wallet for MNs. This comp will only ever use corewallet, visit livecoin and visit stakenet cloud. Thats it.

>>20112769
But it's connected to the internet. That's a vulnerability. I want to do this while storing it on my ledger ffs

>>20112766
I don't know where you live man
>Even then, I don't see any videos about how to send it to a ledger
Connect ledger with PC, open Ledger Live, create a new XSN wallet and send your XSN to your wallet

>>20106415
lol

dollar cost average bro

trading is the only consistent income generating tool in this market - dunno what took you so long to decide this was "worth it"

>>20112829
Supposedly that is in the works. In the meantime you have to do what you can.

>>20112829
Run the core wallet from a Linux distro on an isolated SSD.
>t. run 10 mns from cold storage

>>20112766

XSN is one of the few coins available on Ledger and trezor

>>20112893
The fuck does that mean

>>20112866
i am still not buying, but i somehow always knew this was probably gonna be good.

just thinking about putting my 30k in binck and let them invest it

>>20112970
The true thoughts of a brainlet
Durrrr me let other people handle money. Nothin go wrong. They smart. Me stupid hurrrr

>>20112927
>install an easy Linux distro
>install the Linux version of XSN core
>setup MNaaS from your wallet and activate your MNs
>setup e-mail notifications
>turn the computer off
>unplug, disable, or lock the HDD
There. Now you host MNs trustlessly from cold storage.
You can do this on Windows too. The only thing I'd recommend different if you go that route is to disable all telemetry and let Windows install security updates before you open the wallet to sync it.

>>20113070
Nice and simple

>>20113766
Checked. Setting up MNs the old way is a lot more involved in every regard

>>20113070
>There. Now you host MNs trustlessly from cold storage.
And you can't access your masternode rewards.

>>20113825
>plug the SSD in/enable it from the BIOS/unlock it
>let the wallet sync
I just did this yesterday. Last time I sync'd my wallet was 2 months ago. It took maybe 5 minutes for it to sync and be ready. The wait is made rather enjoyable because you get to watch tons of MN rewards pour in.

So running the mnaS... my xsn is in my core wallet, locked and offiline right? I get rewards paid to it in the form of xsn, which i then top up the could service with every so often so that my node stays running...

So so far it's only when getting connected to the internet to send xsn to the could that I can get corrupted or funds stolen?

>>20113941
Yes. But you won't get your funds stolen like that unless you're a porn regular user. Even tho someone would access your wallet he would need the passphrase to access thoses.

>>20113941
If, in some extreme scenario, your computer has 80 viruses and someone is logging your keystrokes from halfway around the world, you could cut network acces, backup your wallet/mncache and start fresh after a reformat or on another PC. Even if they somehow remoted in and stole your wallet.dat, it's useless to them without your key.

>>20114369
Isn't the key in the wallet dat? Incrypted by your password which you'd get with the keylogger?

>>20114509
Sounds right to me. Make a good password, keep it in a safe place (or two), only connect from a secure environment, and no one will get your funds.

>>20113070
Great post to follow.

>>20113070
How can you stake without connecting to internet?

>>20114794
Thanks anon.
Setting up a MN like this makes most other ways feel archaic and dated to me.
It's the difference between installing an OS from floppies and spending hours getting drivers to work and popping in a flash drive that does all that in 10 minutes.
>t. installed Windows 3.x/95 from floppies and would take XSN MNs over it any day

>>20115063
You can use TPoS or cloud staking (cloud.staking.io) also once ledger upgrade code on their hand you'll be able to cold stake from the ledger device (100% of the code is done just need ledger update)

think xsn is worth buying still?

>>20115193
LMAO

>>20115063
Determine first if you have enough to do TPoS (trustless staking) with a merchant.
If you do, you can probably find a merchant to enter an at-will contract with.
Instead of setting up a MN, you'll setup a TPoS contract. Once it's setup, your funds will be staked 24/7 by the merchant for a commission until one of you ends the contract.
At that point, you can follow the same instructions.
>unplug the SSD or disable it from the board
>monitor the address that your TPoS rewards get paid out to (you could even bookmark it on your phone)
>plug it in occasionally to sync or if you feel like watching a bunch of staking rewards come in
The procedure for cold staking and cold MN hosting is, more or less, the same.
Alternatively, you could stake the old way and keep your wallet running or deposit XSN to a Cloud account and stake in the pool.

>>20115208
What's so funny? im new to crypto just found this thread

>>20115298

Long tory short, yes it's an amazing project.

You can join discord if you want to try the open beta DEX.


Stakenet is the first lightning DEX. that means a contrario of other DEX they can offer instant swaps - > all the benefits of a CEX like binance.

Their DEX is already 90% done and available in public beta (anyone can join and test it by himself)

The DEX is lightning fast, have high liquidity thanks to vortex agregator, is 100% anonymous, no KYC, never. Low fees, DEX will be hosted by each Masternode on the network making it by analogy like a Hydra. cut one head two grow back, so that means no downtime, never. Once DEX is hosted by the Masternodes no one can stop it not even the devs.
Next milestones is Raiden integration which will allow to instant trade Eth and any erc20.
For other coins like monero etc.. That doesn't support Raiden or lightning, atomic swaps will be available.


In overall this DEX has all advantages of a CEX like binance with no KYC and you keep your keys at all time.

>>20115298
XSN is still relatively unknown in the crypto industry. It has a lot of room to grow over this next year or two. Plan your moves wisely. Make a strategy and stick with it.
Crypto is extremely volatile and it can be hard to keep your head about you when your investments are on a rollercoaster. A plan on a time frame can really help to make that volatility work in your favor.

>>20115566
>trip dubs
checked

>>20115566
>>20116122
Checked

>>20116377
checked

>>20111660
about $350

>>20112004
A little late here anon, but it's always a good rule of thumb to do a test deposit to your wallet first - especially if you've never sent to it before. TX are quick with XSN so you dont have to worry about long wait times.

could ya' all stop spamming this cause I woudda coomulate moar?

>>20112595
you don't need to leave your coins in the core wallet to stake. keep your coins on a hardware wallet and use their tpos staking. slightly lower yield, but significantly more secure.

https://medium.com/stakenet/xsn-coin-tpos-setup-guide-f0bd142a275a

>>20112893
anyone have the tutorial to put your own mn on a pi? I have one laying around that I'd like to put to use. this is really good advice tho.

>>20113825
literally just plug it in ya nig. it'll take a couple minutes to update and you have full access to your coins.

could literally put it on an sd card and keep it in your butthole if you wanted.

>>20117719
https://github.com/hermesesus/XSN-pi/wiki
This is impressive. I didn't know you could host a merchant node from a Pi as well.

>>20108824
>>20108897
>>20109275
>>20110823
Thanks frens. I've only been in the game for 5 months

>>20118592
Good luck to you anon
>t. 10 MNs

>>20118319
Can I always run only one MN on a MN address, so I would need one Pi for one MN?
Or can I just send more XSN to a MN address?

Kek

>>20118717
You can run multiple MNs in a wallet but you need them to be on different xsn addresses and ip adresses.

I get the feeling this shit is either gonna moon like fuckin mad and pull a DASH or slowly crab downwards for months. Here's hoping we see some actual adoption. Nobody knows about it and we all know normies will only use what is blasted in front of their faces.
That being said, if it does moon, my 50k stack is fucking comfy. I can easily see $10 for minor adoption, $50 for mid level and if it hits Binance tier usage I'm gonna be a multi-millionaire. Probably sell 1 node to buy real life assets and live off the other 2 if we ever hit that point.

>>20118717
It may be possible. How to do so is beyond my head. MNaaS is so easy and low-maintenance. I went that route.

>>20119052
DeFi appears to be the next bubble that everyone is bandwagonning on and XSN is, perhaps, the strongest contender to be at the epicenter of it. Raiden integration has massive implications.
BTC and ETH still have no interop bridge. Vitalik still complains about it.

>>20119403
Doesn't matter if nobody knows about it. Hell even /biz/ is ignoring this shit because of how much you ESL faggots shill here, doing gay shit like copypasting medium articles.

>>20119412
So you have 3 MNs, you're mad that people are talking about XSN on /biz/, and you're mad that no one knows about XSN? Zero sense.

>>20119481
>you're mad that people are talking about XSN on /biz/
Not at all, I found it thanks to /biz/, but you can't tell me pajeet tier shillery full of broken English and "you will be very rich sirs" tier shit doesn't turn a lot of people off. Feels like I'm reading fucking cryptotwitter posts.

>>20119520
>find XSN thanks to XSN thread on /biz/
>go into XSN thread on /biz/ and start screaming pajeet
One day XSN is Chinese, the next day it's German bagholders, the next day it's ye olde Pajeet, the next day it's satsgang. Good variety.

So how does the liquidity thing work, I don't wanna post in discord and look stupid as fuck. So being anon here helps.

>something is plugged into binance

So, we're leveraging Binance's platform to make trades or something. Can't Binance just write a line of code and lock xsn out? Does xsn need to be 'plugged in' to all other exchanges? Won't they all just say nah and not allow it? Surely Binance is working on a way to stop this from working.... Cause everyone using the xsn dex just now is trading on binance for free...

Help me out bros

>>20119659
>everyone using the xsn dex just now is trading on binance for free...
No they are not. Binance charges fees and XSN aggregates multiple orderbooks that could very well offer more competitive market prices than Binance would alone.
Of course, Binance wouldn't want to cut itself off from being a major provider of liquidity. Why would they cut off their own arm?

>>20119659
They can’t block it unless they disable API trading on the exchanges and that’s where most of their volume comes from so if an exchange did that they would be done for

>>20119705
Can't they just cut it off to xsn? what does the 'plugged in' bit mean in the tweet by xsn. Can't binance just remove that plug and keep liquidity for their own users?

>>20119719
see >>20119713

>>20119763
So they can't just disable a part of the API which is allowing this to happen? If not, then that's cool as fuck.

So they need to do this with all large exchanges?

>>20119837
Binance still profits off trades made by the aggregator, they still take their fees.

>>20119837
If they were able to pull from Binance (and Livecoin), pulling from elsewhere should be relatively easy.
There were talks of pulling from Bittrex next.

>>20120094
They can pull from any exchange with API trading which is pretty much all of them

>>20119713
so you can just buy coins that are sitting on Binance? How can you even withdraw them?

>>20120449
The aggregator has a pool on the xsn network which he transfers the crypto you bought and on binance he buys it at whatever price you paid for.

>>20120532
so you can theoretically circumvent Binance's KYC regulation, when you want to withdraw more than 2 BTC daily for example?

>>20120555
Yeah because you are trading with the aggregator not Binance so no KYC needed ever

>>20120555
Yea.
If the agreggator has that much crypto in his pool on the xsn DEX then it'll work

>>20120569
>>20120580
holy shit

>>20119659
source on girl?

>>20119659
how many master nodes for that girl?

>w-why is it dumping

>>20120890
>pumps from 1.85k to 2.1k
>dumping
Anon c'mon
Just buy with the rest of us.

This is Sunday Special offer Anon. Not a dump!!!!

>>20120981
XSN only has 3 stages
>Pumping
>Accumulation
>Pumping again

>>20120890
>Has 12 green daily candles in a row
>Price drops 10%

WHY IS IT DUMPING!!!!

>>20117658
Of course it has to be in the core wallet for that. Ledger didn't implement it yet.

are people in the us going to be arrested for running masternodes

>>20106078
NOICE

It's not going to be a smooth ride, but it will be a profitable ride. See Antshares for reference.

>>20121571
... And to drive the point home:

>>20121373
People can just use VPS outside of US

>>20119151
that's fair. I'll probably do one of each. I just have a pi kicking around so figured I'd give it a shot.

>>20121571
>>20121609
Based. This is exactly the kind of coin that OG anons see value in early on

Damnit. This is all too complicated for normies to buy into. I want to drop $5k, but i dont know any of this stuff works. i only know how to buy coins on uniswap

>>20122079
Go to live coin and buy the process is 5 min max, don’t be lazy as price moons

You can buy coins at livecoin.net and send them to cloud.stakenet.io for staking.

>>20122079
Unironically and literally extremely bullish.

>>20122097
but where do i store it safely? and i dont know anything about master nodes or staking

>>20122079
>>20122097
>>20122108
These are all the same discord faggots pumping their own threads. So pathetic

>>20122145
Why do you care, if you don’t think this is the next biz success story? Just filter out XSN.

>>20122166
Because you're so obvious with your fake shilling and so fucking desperate to pump this. Fuck off nigger

>>20122122
You can download the core wallet and set up a masternode in 3 click or use TPoS to stake without have the core wallet runnin 24/7. (join discord to have more info and help)

Otherwise you can also stake in cloud.stakenet.io

>>20122187
That's a salty little man. /biz/ fudders use to be better for fudding back then. fud quality is close to 0

>>20122212
>Responding to FUD this quickly
Absolutely pathetic not touching your bags

Shut up you psychopath!!! "Psychopathy is traditionally a personality disorder characterized by persistent antisocial behavior, impaired empathy and remorse, and bold, disinhibited, and egotistical traits. It is sometimes considered synonymous with sociopathy."

>>20122187
Of course I want this to pump, what’s wrong with that? I bought in early, and I’m sure if you had too, the tune you’re singing would be different.

Sent from my iPhone

>>20122290
You and your discord buds have been spamming biz for the last week it reeks of desperation. Not buying your bags.

>>20122108
is there a justifiable reason to only make your coin available on some dogshit exchange other than taking advantage of low liquidity and volume to pump it?

>>20122553
They dont even have the funding to even get it on a bigger exchange. This is why they are pumping it so hard on here

>>20119659
Stop posting ugly chinks reee

>>20122343
>>20122553
>>20122568
Man, why do FUDers so obsessively flock to XSN? We exist and we're carving out a spot in the top 20. Join us or deal with it.
If it's so unimportant, why do you give it such a great deal of your time and attention?

>>20122713
>Why do people point out the truth about our shitty project?

>>20122713
i dont know how exchanges work but it seems very bizarre that this coin would only be on this shady one

>>20122735
The only "truth" you've brought up is that Stakenet didn't pay Binance some absurd sum of money to get listed during a bear market. Pic related.
>>20122747
>i dont know how exchanges work
Centralized exchanges are immensely shady. If you don't already have enough volume for them to make some money off of, they won't lift a finger for you unless you bribe them. This largely explains why you have the crypto industry you see before you today.

>>20122747
Why the team would pay 1ml + to ge listed on binance since their DEX can already pull out liquidity from thoses big CEX ?

You wan volume on the DEX to have bigger gain with masternodes fees.

btw they are going to be listed on beaxy in few days.

Can I run a master node with the cloud service from my ledger?

>>20122892
From Ledger? No, unfortunately. Cold staking has been ready to go from Ledger for some time, if only Ledger would embed XSN's code.
You can buy a cheap SSD and follow these instructions here >>20113070 to cold host.

>>20122939
Thanks! I'll either do that or use a Raspberry Pi instead. Might even try run it a node directly from the Raspberry instead of using MNaaS in case that should work

>>20123049
You could probably find someone in the discord who knows the ins and outs of running MNs from a Raspberry Pi. I'm really not sure if you can run more than one node from one Pi. Now I'm curious.

bump

>>20122713
Its part of the process.

>He believes orderbooks are real

Take a look anons

>>20120790
Literally just a single MN will make you very wealthy by the end of the bullrun.
Once the DEX overtakes any other exhcange in volume by this time next year, you're not only never going to have to even consider working for the next couple of decades, you likely will never have to work again in your life.

I'd buy two or three, though... just in case.

>>20111835
Binance hates them lmao xsn completely mogged their "dex" and they know.

>>20123956
Those names are fucking dope!

I honestly don't know who to believe in this whole post

>>20124002

Fuck man I hate seeing posts like this. The FOMO, it's too much. God fucking dammit. Price go down please

>>20124452
Fren, go to their Discord/Telegram, read what they say, check their answers on questions from the community or new people. try out the DEX software and form your own opinion. Don't blindly listen to other people, always dyor

>>20124452
Listen to this anon(>>20124656)
and see for yourself.
Discord code: cyF5yCA

bump

20y old with 10k in savings
got 1 MN since october 2018
Should I get 2 more MNs rn? shouldve bought 2 months ago, such a dumbfuck
im uncertain as f

>>20125620

Do you believe DEXs can take away 10% of the volume CEXs do now? Now put a put a value on those fees. This is defi at its core.

Can masternodes run by giving out an FQDN instead of an IP for those of us that have changing IP addresses at home?

>>20125945
For Masternodes you use a virtual server with fix ip. Stakenet offer a hosting platform for Masternodes called MNaaS with allows you to create a Masternode in 3 clicks

>>20126012
Does your wallet have to stay online if you use Mnaas?

Does your wallet have to stay online all the time if you use MnaaS?

>>20125777
Checked

>>20126143
No

>>20126143
Nope.. The cloud will then rent a VPS which then host the MN on it.
That's the beauty of it.
It's so damn easy that anyone can do it.

bump

how come xsn is the only one without kyc? what's incentive of other DEXs to implement kyc?

>>20127745

DEX with KYC are fake DEX. They run it and earn trading fees. They are society that need to keep it regulated/complied.

The main difference here is that once HYDRA come in place the DEX won't be run by 1 or 10 nodes but by 2000+ nodes (Masternodes). Thoses Masternodes will earn the DEX fees. Once it's there nobody can shut it down. They would need to shut down every Masternode out there which is impossible to do.

Therefore the team will not be responsible for it and cannot shut it down.

Only way to make any modifications would be by a Masternode vote.

That's why there won't ba any KYC, never. SEC and other organizations can try to put pressure but nobody will be able to stop it. Cut one head two grow back.

>>20127745
To put it simply every other DEX is run by someone, a company or something like that as they want to make money off of their exchange. This means they are an easy target for regulators. XSN is different in that once the DEX is deployed there is no company running it, there is no money from it going to a central company, the money made off it goes to everyone running it with Masternodes, 2000 of them at the minute spread all over the world. If some government manages to shut some down then others will just pop up somewhere else to replace it as the incentive to do so is there from the profit to be made from trading fees. This is a new approach that hasn’t really been tried yet, instead of a greedy company making all the money they have created a huge incentive for others to take up the mantle and drive it forward.

>>20127745
Cause they’re pussies XSN devs are chads

>>20128866

Funny but sorta true. Also helps the fact that the devs aren’t really controlling the DEX. Once its going it can’t be stopped because it’s Decentralized, it belongs to the network. If you own a node you get to vote and be part of the network.

This is healthy progress for the defi ecosystem. I got 5 nodes the pump earlier this year and added 1. Good luck.

>>20129376
10 MNs trying to make it to 15

>>20129376
Really. They’re taking on the responsibilities that all the others pussies are too scared to do.

>>20129783
>non-KYC & non-custodial
Winning combo

>>20129970
I wonder how many sats or cents this coin has to reach before the Cryptubers starts taking notice and making daily videos about it.
Probably waaay past 10k sat and once they start talking about it and get their own bags to shill, then XSN will be a top 50 coin and they rest is history.
That's why it's so important to get skin in the game now before everyone else IMHO.

>>20130326
I think early adoption will come down to it passing the reddit test
>did someone they deem an expert vouch for it?
Once a few "experts" say XSN=good, then comes the bandwagon.
It's not a matter of "if", but when.

bump for HYDRA

How much volume do other dexs even get? How's this gonna get more than them

>>20131109
They get 0 volume. Only other true DEX is blocknet and they have 0 volume because is complicate to use.

You need to download each blockchian you want to trade with, it's only atomic swaps (can take up to 10min to confirm the trade) and there is no liquidity.

What change with stakenet DEX (and you can try it by yourself it's in open beta, you just have to join discord) is that it's CEX competitive, it is the same as if you use bittrex or binance.

Thanks to the vortex agregator there is no liquidity problem, transaction are instants, you don't have to download every blockchain, and there will be advantages tools like leverage trading and stop loss implemented.

>>20131273
Blocknet is a bit like Gentoo in that you have to do every basic thing (i.e. compiling a browser) by yourself. It's pretty open-ended in that regard being L1 and working solely off of C2C atomic swaps.
Stakenet DEX's orderbooks should be able to aggregate Blocknet's orderbooks and give them a much wider level of exposure. It's a win for both.

>>20131273
So current DEXs get 0 volume, which leads to low l iquidity, which leads to less people using them... and rinse and repeat?

When will the DEX be finished? Is Raiden when it's done?

>>20131984
It will continue being built up and supported to deepen interoperability between trading pairs and 2nd layers new and old.

>>20110859
where do u get the dex wallet?

>>20132609
just get the core wallet for now

>>20132609
Do you want to join the next community beta test round? All you have to do is ask to join on the discord

AKROpolis - 1000x potential DeFi coin

DeFi is ICO of 2020. It is the catalyst of next bull run which we are in the early stages. The DeFi will be multi trillion mcap in itself. AKRO is definitely undervalued and under the radar. Huge potential compared to similar projects. Top notch team. Chainlink and polkadot connection. Great tokeneconomics. Great fundamentals and pumpamentals. Those who is not buying at these prices will definitely be repenting later.

>>20133213
go back to your own thread.. oh wait you don't have one

>>20133258
This is now AKRO thread.

>>20132637
yo guys i have the core wallet and im trying to transfer funds into there but i have my 15.2k XSN on the stakenet cloud wallet. Says the maximum daily withdrawal is $50.... is there any way to bypass this? i want to set up my MN.

>>20132637
Core wallet is ok. Nice for TPoS and running MNs. Would prefer to run from dedicated cold storage

uh. guys? did i get memed? i dont know how to get my xsn off of cloud.stakenet.io. it only lets me withdraw $50 a day? how do i get them off that shit

>>20133301
Put on 2FA, that will raise it to $2000.

>>20133785
oh phew thanks man

We are all going to make it bros

Buy akro plz sir rajesh here

Someone shill me, how much currently does it take to set up one node, and which trading site do you use? How do I set up the node and get paid?

>>20134254
Livecoin. 15000 xsn. Xsn core and xsn cloud. Check out discord for help

>>20134254
It's very easy. There's an 8 minute Youtube guide on MNaaS, a much longer one for traditional MN hosting, and a wiki guide for running a MN from a Pi

>>20134339
>>20134377
What do you do if you only have about 500-1000 to dump on this, is it worth it without MN?

>>20134563
Would you rather have 1000 link or no link?

>>20128866
Checked

>>20134563
Let it stake and build up in worth.
I was too broke to buy a PIVX MN back in 2017, but I was able to get in at 64 cents and ride it to >$10.
Now I could get a PIVX MN, but why would I? XSN is a much better guarantee on returns.

how the fuck do I install the Linux wallet

>>20134563
Let it stake to get extra free XSN while waiting for price to x10 and turn your 1000 into 10k+the free extra XSN you staked

>>20134563
Think long term mate.
The gains you make in this bull run until end of 2021 is gonna make u able to buy like 10 masternodes in the bear market of 2023.
Then you are set with passive income the rest of your life from block rewards much higher then in this bear and with Dex fee's and fee's from new dapps that has been added to their ecosystem.
You really need to think this through.

From the creator of Nuke Token

discord gg / WNW HHa

Discord has 1000 members. Token launching tomorrow. Second Presale happening now, only limited to first 50 people who join!

thread digits from most to least significant
>>20105555
>>20112888
>>20125777
>>20109666
>>20120555
>>20109333
>>20106111
>>20115566
>>20110022
>>20128866
>>20105544
>>20106411
>>20105611
>>20111288
>>20106988
>>20134377
>>20116377
>>20112677
>>20112766
>>20112866
>>20122166
>>20130433
>>20116122
>>20136822

>>20134713
>>20135031
>>20135552
How do I stake my coins?

>>20137137
Depends on how much u got.
Join the Stakenet discord and ask in there.
Link on Stakenet.io

>>20137137
if small amount I highly suggest cloud.stakenet.io
Deposit and it will start staking in less than 24h

Just make sure you enable 2fa

>>20137245
>>20137270
How often do you collect stake rewards? What if I'm only using 200 or 300 dollars, is it worth?

>>20137364

Since the cloud.stakenet.io is a pool of staking basically, the amount you put doens't matter. But this is the case only for cloud staking and not core wallet staking

>>20137402
How much do you get and how often though?

>>20137364

You'll get a % of each block reward won by the pool. Basically every few minutes

>>20137423
But it's based on how much you put in then right? I guess if it'll make more tokens it's not bad. How risky is the cloud?

>>20137137
First, it's good to know what balance you want between convenience and security.
You could stake on XSN Cloud with one deposit (ideally 2 - a small test deposit and then a full transfer), but keep in mind that it is a centralized staking pool.
XSN has an almost manifest destiny-like ambition for decentralized finance and the devs strongly recommend and prefer as many as possible are staking from wallets they have full ownership of.
Depending on how much XSN you have, you may be able to find a TPoS merchant to cold stake with. I did that back in 2018 and it felt like a multi-generational leap forward compared to manually staking PIVX from my tower just a year prior. The merchant took a small commission from my staking rewards and in return he staked my balance for me 24/7. The contract is at-will so no getting "locked" into anything.
You can also stake the old-fashioned way. Your choice.

>>20137495
How does old fashioned work, you have to be on top of it all day doing something? Never staked.

>>20137420
there is a staking calculator on stakenet.info

>>20137531
I guess old fashioned would be staking on your own in your core wallet. But your PC will have to be online all day for that. It does work on a raspberry pi too tho. So you have the choice:

- cloud (for low amounts sub 10k)
- tpos (for amounts greater 10k)
- core wallet (needs to be online 24/7)
- core wallet on rasp pi (needs to be online 24/7, but consumes less electricity)
(- staking by holding them on your Ledger; currently we're all waiting for Ledger to merge the code for that feature)

>>20137840
>10k for TPoS
Not exactly. As XSN's value appreciates, it becomes more profitable to do TPoS with smaller and smaller amounts. When I used it in 2018, I had maybe 7.5k XSN and I found a merchant easily.
If staking gets profitable enough, TPoS for 3-5k could be possible

>>20137945
You're right, I forgot to take the value increase into account. Well during the bear it was like 10k, but yea probably it's economically feasible for lower amounts already

>>20137055
Checked