[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 292 KB, 1920x1252, 20200706_073844.jpg [View same] [iqdb] [saucenao] [google]
20129919 No.20129919 [Reply] [Original]

Everyone want to know how the XSN blockchain ties into the DEX?

See our new post launch DEX Roadmap graphic. Starting with GAIA (DEX Launch) Ending with HYDRA, migration of DEX HUB’s zaponto the Stakenet blockchain for a global unstoppable network

All current XSN Masternodes will be upgraded to XSN HYDRA Nodes during Stage 3

Stage 1/ GAIA (DEX Launch)

At launch HUB network will start small with some restrictions in place. This is for final testing and to ensure security.

DEX HUB’s act as routers, it is not possible to steal funds even if only 1 HUB exists, $ remains in users wallet at all times.

Stage 2/ PROMETHEUS

Add multi hubs + expand network. Multi Hubs allow redundancy for uptime and greater liquidity.

Stage 3/ HYDRA

Final phase is dubbed HYDRA. Network offloaded to XSN HYDRA nodes (nodes run on top of the Stakenet blockchain) for a global unstoppable network.

>> No.20130823

>>20129919
HAIL HYDRA NIGGER

>> No.20130841

HAIL HYDRA

>> No.20130965

>>20129919
LIGHTNING NETWORK LMAO

FAIL

Not buying your bags stakeshit

Sick of these spam threads shitting up biz

>> No.20131145

>>20130965
first they ignore you then they laugh at you then they fight you then they suck your dick then you win

>> No.20131185

stop shilling this shit. I'm not buying your bags sandeep

>> No.20131243

>>20130965
Btrash tard or is it a BSV tard we have the honor of trolling in here?

Lightning + XSN has just solved the liquidity issue that ALL Dex's has and tards are still coming in here and try to make it sound like nothing.
One thing is the stupidity it takes to even type such stuff.
But it's a whole other lvl of stupidity if you actually believe it.

HAIL HYDRA

>> No.20131677

>>20131185

DR;NS

>> No.20131750
File: 198 KB, 964x1256, 1593157674906.png [View same] [iqdb] [saucenao] [google]
20131750

Over the last 15 days obtaining a masternode has gone from $600 to $1200 to $2000 and now it's at $3,000. Better get in now before it hits $5,000. Next year it'll be in the tens of thousands at least

>> No.20132271

>>20131677
checked

>> No.20133249

>>20129919
Stop shilling this literal scam and buy AAVE before you're priced out.

>> No.20133474

>>20133249
>missing out on the XRB of 2021
anon

>> No.20134308

>>20133249
lol

>> No.20134993
File: 53 KB, 600x800, 614.jpg [View same] [iqdb] [saucenao] [google]
20134993

>>20133249
>literal scam

>> No.20135005

>>20130841
I heard Hydra slayed Hercules once back in the 80s
Good time/10

>> No.20135939

>>20129919
Wow you made another Stakenet thread. Do you feel bad holding this? You should. Repent, dump for PNK. We will welcome refugees from Mumbai.

>> No.20136010

Alright this shilling is just starting to look coordinated and desperate. Calm down guys.

>> No.20136268

>>20135939
No I feel quite comfy.
>>20136010
Negative.

>> No.20136416

If (when) all the xsn is running low on livecoin/coinall, will stakenet team dump xsn from the treasury into the exchanges?

I don't want to market buy 10 nodes and then a month later they jut add 10 million tokens to the exchange

>> No.20136610

>>20136416

No, since now fees from the DEX are going to be used to buy back XSN directly from livecoin.

>> No.20136728

>>20136010
>Alright this shilling is just starting to look coordinated and desperate.
No shit, the shilling was coordinated from day one. XSN early bagholders are desperate to pump this. All they can do is try to squeeze gullible morons on here for all they are worth

>> No.20136746

>>20129919
complete noob here. When you XSN, where do the rewarded XSN come from? Surely if its inflationary, and if there are 2000+ MN, then you'll have thousands/millions of new XSN coming into the market every day. Wouldn't the price of XSN go down over time?

>> No.20136756

>>20136746
meant to say "stake XSN"

>> No.20136760

>>20130965
>>20131185
>>20133249
>>20135939
>>20136010
>>20136728

cope

>> No.20136823

>>20136416
only consensus on the masternode network can release treassury funds. So no, that won't happen

>> No.20136901

this fud in here is so retarded. of course it's shilling here. that's what EVERY PERSON on biz does and what 95% of any threads are made of.

on stakenet.info you'll see that there are 9 more masternodes than yesterday (2255->2264). Nobody besides some short term profit fags is interested in dumping this, because the DEX will enable multiple streams of income that are way more profitable than selling a single time.

my brain hurts reading this fud "durr it's scam because they shill" "durr this scam, buy this erc20 token instead". There isn't even decent fud anymore

>> No.20136933

regarding that Lightning fud:

Stakenets Lightning network does not equal Bitcoins Lightning network, like your LAN is not your neighbours LAN

I took some arguments from a fud article on Lightning:

>https://letemspin.com/bitcoin-lightning-network-is-a-dead-end/

>But then…I started to hit some snags. I won money on online betting sites, but couldn’t withdraw the money because I needed incoming channels connecting to my node with money on the other side of the equation. I was like “what the fuck?”

Stakenet solved this by implementing a "Channel Rental Feature". You will just rent a channel that provides liquidity for you for a few cents

>Then I started trying to close some channels to get money back out of lightning. God what a hassle.

will be completly automated. Imagine having a switch next to your balance and moving it to the left puts e.g. 20% of your balance off-chain, moving it to the right puts it off-chain. Of course you'll have to give it a little wait for the work to be done in the background, but thats what it'll look like

>So I’d have to create a new lightning channel every month to pay my staff anyway, so I’d be doing onchain tx anyway

You'll just keep those channels open as they will allow you to send/receive via Lightning. Same for the staff. Yes, initially it's a on-chain transaction with on-chain fees, BUT after that one every following transaction will be instant, off-chain and with microfees

>But the staff don’t get paid enough to warrant $100 fees for each channel.

fees for opening a channel are around 20cents and depend HEAVILY on the blockchain used for that. I suggest paying via LTC or just using USDT. Stakenet will instantly swap it to whichever currency is wished for

>Plus what are they doing to do once I’ve paid them via LN? There’s no way I can expect them to run their own nodes.

Masternodes act as Lightning nodes. Stakenet connects the users to those nodes

>> No.20136994
File: 7 KB, 224x224, download (18).jpg [View same] [iqdb] [saucenao] [google]
20136994

>>20136760
>>20136823
>>20136901
>>20136933
YOU ARE INVESTING IN POSW

POSW was a known scam back in the day shilled hard on biz. Now they rebranded to XSN. It's really sad to see the same tactics being used from back then on noobs on here.

Its the same shit, they went on a shilling blitz on biz to pump their shit and then they dumped.

POSW PUMP AND DUMP

INVEST AT YOUR OWN RISK

>>20136933
Lightning is fundamentally flawed and Stakenet *cannot* scale. And none of your shilling is gonna change that

>> No.20137009

>>20136746
Block rewards are slowly getting reduced overtime. No matter how many Masternodes and stakers, they will always share 45% to stakers 45% to masternode. So if their is 2500 masternode instead of 2000, each masternode will receive a reward less often.

>> No.20137015

>>20129919
>Never heard of XSN before
>See it start getting shilled here at around 1000 sats last week
>Look into the coin, the roadmap, the DEX
>Lurk the Discord
>Seems like a project that's actually going to deliver in some capacity which is rare in crypto
>Low marketcap, long accumulation period and set to breakout so seems like a no-brainer
>Buy in at 1200 sats
>Up almost 100%
>Lurk the (at most) 3 threads about XSN that get posted here each day
Why people seem to single XSN out as "coordinated shilling" is beyond me. Of course chatter about a coin wil intensify when they are delivering the product after years of laying low. Either buy in or ask about the coin if you're interested and discuss it with us in these threads. This salty "missed-the-boat muh sour-grapes cope" posting in these threads is getting stale.

>> No.20137063

>>20136994
>empty accusations
>no arguments
>no proof at all for anything
>desperately tries that posw narrative again

>> No.20137110

>>20137009
Does anyone have the formula to calculate rewards for a master node?
Like block reward, dex fees etc etc if xsn was 'insert price'?

>> No.20137177
File: 51 KB, 383x367, 1457382710061.jpg [View same] [iqdb] [saucenao] [google]
20137177

>>20136994
>shrieking POSW SCAM and writing in a lot of CAPS
Ah yes, the oldest XSN fud of all. Nostalgic, really.

>> No.20137199

>>20137110
There is no such calculator, but you'll get around 9 XSN per reward for around 25 times a month. That equals more or less 6 XSN/day. So you can calc 6 XSN*25*(insert price) for that

Dex fees depend on the volume.

fee: .25%
volume example: 10.000.000$/day
volume p month: 300.000.000
fees p month: 750.000$
10% fees get burned: 75.000$
90% fees to MN holders: 675.000$
1950 active MN equals: 346$/month

That's reward and DEX fees. Then there will be Lightning fees and lending fees as MN holders will be able to lend their MN collateral and get further fees in return. It's a whole economy with multiple income streams for MN holders and staking for people with less than 15k XSN. Sounds too good? Read their medium, check their Discord, see how they answer to questions, ask critical/naiv questions, dyor

>> No.20137203

>>20137110
For now a block is 20 xsn. 9 xsn goes to stakers, 9 to masternode and 2 to treasury. ATM with a masternode you get around 1 reward each 30 hours.

Concerning DEX fees thoses will depend on volume. 0.25% of the volume will go to masternode owners once HYDRA is launched.

Until HYDRA is ready the DEX fees will be used to buy back XSN directly from livecoin.

>> No.20137209

>>20137199
fucked that first calc up there. it's 9*25*price

>> No.20137219

>>20137177
checked

>> No.20137228
File: 166 KB, 782x433, Facepalm-PNG-File.png [View same] [iqdb] [saucenao] [google]
20137228

>>20136994

Use to be a time were /biz/ fud was respected and even feared. The level of fud is now depressive and shameful..

>> No.20137265

3 MN enough to make it?

>> No.20137427

>>20137265
I think you are good as long as you have at least one.

>> No.20137666
File: 354 KB, 341x480, bulma.png [View same] [iqdb] [saucenao] [google]
20137666

>>20137265
1 is solid.
3 is getting serious.

>> No.20138397

>>20137666
checked

>> No.20138543
File: 181 KB, 869x767, XSN CHAD.jpg [View same] [iqdb] [saucenao] [google]
20138543

>> No.20138582

>>20129919
Stop trying to shill this so aggressively

>> No.20138644

Im wagecucking at the moment feeling miserable coming back to work after 3 weeks vaycay, can I end the suffering by getting a masternode?

>> No.20138646

>>20138582
Why?
Bags are heavy

>> No.20138906

>>20138646
>low level fud

meanwhile there are 3 more masternodes setup in total since two hours ago (2264 -> 2267; stakenet.info)

>> No.20139044
File: 63 KB, 604x608, 15635433466.jpg [View same] [iqdb] [saucenao] [google]
20139044

>> No.20139665

>get the XSN Core wallet
>open it the first time, works fine, so I send my stack to it
>open it again, it says it's "syncing headers" with the last block being from 2018
>transactions will only be effective once it's finished synchronizing
>progress is less than 0.1% per hour, so it would longer than a month
Did I fuck up? I was going to set up a masternode.

>> No.20139695

>>20139665
No, just wait a few hours until it syncs(2-4 hours)
If that doesnt help(it should) go to the discord to tech support and they will help you

>> No.20139880

>>20139665
took me about 1-2 hours to complete, but i used the bootstrap.

>> No.20139916

>>20139880
What's the bootstrap?

>> No.20140085

Never mind, it's picking up speed. Estimated time already went from 20 weeks to 8 days.

>> No.20140104

nice double top

>> No.20140167
File: 46 KB, 267x400, dexter.jpg [View same] [iqdb] [saucenao] [google]
20140167

>>20140104

>> No.20140364

>>20138582
>Aggressively
>18 hour old thread nearing 100 replies
>15 hour old thread with 50 replies
>1.5 hour old thread with 16 replies
If you call this aggressive shilling you must be new here

>> No.20140603
File: 31 KB, 500x333, 7E2CA26A-8CFB-4F48-BA4C-0D6284CF924E.jpg [View same] [iqdb] [saucenao] [google]
20140603

>>20129919
>>20130823
>>20130841
>>20131243

>> No.20140978
File: 143 KB, 800x600, hydralogo_139.jpg [View same] [iqdb] [saucenao] [google]
20140978

>>20140364
XSN never had an ICO, just a hardcore grassroots following.
>>20140603
based

>> No.20141184

I started staking a small amount yesterday and starting to see rewards coming in today... this is quite addicting. I can only imagine how it would be with a MN...

>> No.20141527

>>20141184
imagine 8

>> No.20142047

>>20140978
Kek imma ride that shit with my Masternode income

>> No.20142138

>>20141527
give me one?