/biz/ - Business & Finance

The day will come when 1xsn=1xsn

>>21236278
Holy shit you’re rifht

1mn chad here. My $3k is now almost $8k. Feels good. A toast.

mmm based based, what other coins aren't eligible for ranking?

I live in a shithole country where 1mn is fuck you money. When this shit gets to $30 i'll never work anymore and travel the world

Getting my MNs soon bros
Fuck CZ

>>21236228
XSN, WAIFU, XDAI, PNK, BRR, TENDIES, its all the same to me.

Nice shill but I´m not buying p&d shitcoins.

>>21236768
This
BTC and BTC only

>>21236431
Imagine gloating over 8K lmao

Stakenet is a rebranded scamcoin from 2017. Don’t fall for it newfags.

>>21236278
dont let biz in on this redpill
they are not ready yet
>>21236831
>t. gay

>>21236874

>calling it a P&D scam
>laughing into my 800% gains over the last month and a half.

>>21236278
>2025
>1 xsn = 1 xsn
>dex is the broker tool standard to support the crypto economy
>eth 2.0, cardano, EOS, XMR and others seamlessly integrated via the dex interface
>NYSE adopted the crypto standard in 2024 after realizing resistance against the masses was futile, long after brokerages began adopting Master Node architecture alongside Bloomberg terminals
>Bilderbergs btfo, forced to fomo in after the collapse of the Petro Dollar in 2023; they now sit second seat to the /biz/deberg faction at the crypto council, fuming that their namesake is now a laughing stock, memed by a consortium of autistic white men who won out in the greatest intellectual battle of our generation
>traditional banking institutions replaced in large part by X9-developed products, with some early mover lending and insurance platforms such as akropolis and aave acting as reinsurance for liquidity providers on the dex
>the economy is booming, guided by the nascent yet iron hands of the /biz/debergs; as can be imagined, the white man has again risen to prominence in world political and economic affairs; how could any race hope to complete with the pure volume of genius held by white minds?
>all from the humble beginnings of an ambitious project, abandoned by its visionary yet ultimately fruitless founders, and picked up by fortuitous hands, capable of realizing an impossible dream to revolutionize finance as we know it

WOULD THESE FUCKING RUSSIAN SCAMMERS GIVE ME MY BITCOIN SO I CAN BUY FUCK

>>21236768
>Obsesses over the picture of the asshole he needs to lick in order to afford life

>>21237225
Who?

>>21237326
livecoin

>>21237194
>>21237158

Yeah ... problem is that noone will use this dex ... problem is also that you newfags who were not around during 2015-2018 actually believe in your coin, instead of believing the bubble will grow bigger and wait for the right moment to sell.

99,9999% won't leave places like binance, polo, coinbase etc. People also are not interested to pay fees to you.

Set your stoplosses, because it's a shitcoin in a big bubble.

>>21237334
Weird, I had no problems sending BTC and buying almost immediately after setting up an account.

>>21236228
so fuckin upset i didn't get back in this when it was .05 because i didnt know how to buy it.

>>21236831
> BTC only
> XSN makes lightning network user friendly and possible for everyone.
tell me again why you aren't interested in XSN? You must like paying huge fees and waiting forever for you transactions...

Why would anyone use a dex when you can just atomic swap the coin you hold into any coin you want?

>>21237577
on-chain atomic swaps are really slow

>>21237577
checked and why bother using the dex when you can just use a wrap token

>>21237375
>noStakie
your IP has been logged, your FUD will be accounted for on the day of enlightenment

>>21237650
Like 30s? It’s not slow. Saves time and Halles. Just *click* now I have btc. Didn’t need to use the dex or nothing.

>>21237375

Alas, stay poor

>>21237839
>hassle

>>21237771
Also this. Just wrap it and then your good to go.

>>21237771
wBTC != BTC
its just another flawed on chain solution. wrapped tokens are just a bandaid that are used because no one has put in the immense effort required to do what Stakenet is doing.

>>21237879
Retard detected. Its not wbtc

>>21237771
>>21237839
>>21237878
XSN is the solution that the ecosystem badly needs
pic related

>>21237926
wut?

>>21237976
Can’t you already swap between zcash and eth somehow? Why you need a dex to do this?

Pretty sure you can atomic swap to any coin you want in the top 10 no?

>>21237577
are you really that dumb?

>>21238103
he's trolling

>>21238080
i think the problem with atomic swaps is there is no liquidity. No one is using it, so there are bad exchange rates.
XSN will tap into liquidity from all major CEX's so you get tight spreads for your trades.

>>21237375

>but nobody will use a DEX
>DEX volume massively growing month on month
>but nobody will use stakenet DEX
>onchain DEX volume growing has shown the flaws in the system.
>transaction times increasing
>onchain fees increasing
>trades failing and still being charged fees
>issues will only get worse as the market grows
>Stakenet has none of these issues because they are smart
>if you can’t see why Stakenet will capture a huge chunk of this market you’re a retard

>>21237771
>>21237839
L2 vs Sidechains

Bitcoin holds value in the hundreds of billions in its blockchain, and because of this it is widely regarded to be the most secure and tested public codebase ever to exist. There are clear limits to the on-chain scalability however and you are starting to see increasing needs for what are called Layer 2 (L2) solutions. Layer 2 occurs when you “Lock” funds usually as collateral, state channels, or in some other form using on chain smart contracts.

The contracts are created on Layer 1 of the native chain (directly supported by the underlying chains security) so although they are a able to have different traits (L2 tx’s are instant for example) users hold the same strength of ownership as any on-chain transaction. In all chains, including more complex ones where you find smart contracts, DAPPs and thriving ecosystems with huge appetites for tx throughput we see clear future growth of L1 + L2 in unison. One good example of this is the Ethereum blockchain.

ETHEREUM

ETH is a trial tested novel successor to BTC, even with ETH 2.0 and the scaling planned, due to the use of smart contracts/ DAPPs layer 1 has an ever increasing demand for higher throughput. When you consider the potential demand to disrupt not only global finance but an ambitious space such as IOT, scalability needs are virtually limitless leading to growth and demand for a strong L2 ecosystem. This crowding effect is already taking place with on chain DEX’s and DeFi which although nascent have had visible effects to longer confirmation times and higher gas prices on ETH’s first layer.

>>21238742
With that being said, it is also important to differentiate L2 with what are called “sidechains” or “pegs” seen in many DEX’s as “wrapped” assets. Layer 2 protocols such as Lightning (BTC) and Raiden (ETH) as mentioned earlier are backed by the chain itself. There are also other solutions such as cross chain “wrapped” assets (with the exception of WETH which is backed by its own ETH chain) that depend on a sub chain or side chain for consensus which results in an inherent loss of security, as opposed to L2 protocols mentioned above.

Sidechains

Sidechain networks and oracles for wrapping BTC or ownership of assets could be akin to holding gold in a strong, stable country, then the owner deliberately puts it through a contract where ownership depends on an external (smaller) government. If by chance this 3rd party (smaller, less stable) country gets corrupt, invaded, or dishonors its contracts ( Hong Kong or Venezuela in 2020) you would lose your asset. The question then becomes is this gold pegged to the smaller sub network the same asset as the unpegged native? Or does the loss of value, due to its loss of security create an inherently different asset in nature.

In conclusion we find the case of sidechains useful when usability and practicality outweigh L2. Functions such as sending, receiving, or exchanging can be done in L2 and provide far more value, however for experimental, and creative concepts where you apply consensus to real world events using oracle networks (applied to events not achievable via on chain consensus) there is great potential for breakthroughs and we look forward to seeing progress and development of both in the future.

>>21237577

Atomic swaps are useless.

Seen eth gas prices?

>>21238778
whats the deal with page 3? why would CMC start ranking not according to MC?

>>21238778
>>21239147

Is this to keep those random coins with 1 trillion supply for being bought for 1 dollar and becoming #1? How does CMC even sort these coins?

>>21238217
I thought we were talking about times? Why would you wait to open a lightning channel to change your btc to link. Then close the channel. Then open up another channel to change your link to xsn. Then close it. That’s much longer than just going *click* atomic swap done

Just atomic swap when/if you want and don’t have the hassle of opening channels/waiting for the wallet to sync. There’s a dapp that already swaps pretty fast.

>>21239422
You open a lightning channel and a raiden channel once and can then trade BTC/ETH/LINK/USDT instantly anonymously and trustlessly as many times as you want.

Just got my nodes. Getting 1 more then I'm done and I wait this out.

>>21239551
But why do that when you can just go atomic swap it for what you want lol?? I don’t get the point in the dex. So complicated when there’s literally dapps just now that do it for you in one button

>>21239635
Retard detected.
Stakenet solved scaling for btc and ethereum.

>>21239761
What do you mean scaling? They are pretty big already no? If people buy btc and it goes up to 100k it just got bigger, and now it scaled up

>>21239147
>>21239340
CoinMARKETCAP is actually CoinFeelingsCap

>>21239635
I think you can rent channels. You can open a btc channel and then rent a raiden channel. Bot sure how that works in detail. Haven't tried the beta yet.

>>21239830
The MC went up but thats not scaling. When/if btc hits 100k there will be so much traffic that it will cost $100 to send a transaction. And it cant be easily turned into other tokens. Yes atomic swaps are a thing, but right now if you wanted to trade 1btc for eth you would get a really bad deal on that trade because atomic swaps have no liquidity (ie you'd be loosing lots of money is just the transfer between the two -- this is called slippage-- not to mention the fees)
XSN you can transfer between the two (and not just swap, but set limit orders/ pro trade) instantly,for minimal fees, and (once the aggregator is mature) with minimal slippage

>>21240041
Renting is supposed to be for when you don't have the coin of the channel you want to rent so you cannot pay the fees to open a permanent channel.

>>21240199
Because that's all you need to do. You open a channel for a one time on chain fee and then you can trade as much as you want for very low (comparable to CEX) fees while getting all the benefits of a dex

>>21240272
what i dont get though is that using the aggregator, don't XSN DEX users have to pay the CEX fee that their trade is coming from?

>>21240361
Perhaps.
Either that or the aggregators are paid from the general fee. Potentially they lose then if the CEX rates are higher but maybe they get a share of the XSN fees too.

>>21240272
So it costs me to open a channel and then cost me fees to swap my coin to another coin? And then is there a closing fee?

Viva Stakevegas!

>>21236228
it's exciting being this early on a stud project

>>21240494
There's no need to close the channel unless you rented it. Otherwise trades have a 0.25% fee

>>21240635
So I have btc. I want some link. I go to your dex and then I have to open a channel for link. Then I swap link and then close the channel cause I rented it. How much do I pay?

>>21240499
>>21240511
checked

>>21240825
The opening / renting fees are tiny. Your highest cost would be the trading fee by far

>>21240996
0.25% for any trade???? Who is going to do that more than 2x. That’s a lot of money gone just to change a coin.

>>21237375
Look at the numbers Uniswap is doing retard

SCAM

>>21236431
A toast good sir, i too hold 1 mn

>>21241493
SCAM! Sell sell selll sell sell.

>>21241546
priced out already?

>>21241658
SCAM! PoSW SCAM. DO NOT BUY. REEEEEEEEEEE

>>21242388
Checked! Have fudders been imitating /biz/lets the whole time?

>>21241225
people pay 1% or more to pay gas fees for trades all the time.

average gas fee has grown to almost $10 per transaction - which would require a $4000 trade to be only .25% of transaction costs.

most people aren't trading that much in one go.

>>21237375
>>21237778
>>21237846
>>21238263
>>21241379

Ah yes. Same old stuff. You know between 2017/2018 there was also a DEX which would perform very well according to the same kind of faggots you guys are? Guess who sold that near the top?

You are unironically not going to make it if you didn't understand what I was writing earlier.
You will move up with the pump but because you are emotionally attached to your shitcoin you are going down with the dump as well. And then you will be here posting pink wojacks why your shitty dex didn't become a succes.

/Biz never changes.

>>21242893
What DEX in 2017/2018?

>>21242985
Probably referring to POSW

>>21243150
Does anyone have a source on this POSW story. People referring to this all the time in those threads but no one actually explains what happened. I need a source.

>>21243246

Nothing happened. POSW failed. Had some usable code. X9 developers took over the project and did a straight coin swap to XSN.

Saved a lot of people. Fucking heroes

>>21242893
Sure thing cucko. There was definitely a DEX in 2017/2018 with interchain lightning swaps

You had TWO years.

>>21237158
The pump comes before the dump anon

>>21243246
>scamnet bag holders don't know about POSW
top lmao

>>21243354
Lol so you are saying that this whole POSW fud is actually speaking in favour of X9 and Stakenet?

>>21243246

>>21243570
There's a reason it failed anon
This is the future of scamnet
https://coinmarketcap.com/currencies/posw-coin/

>>21237976
RenVM is doing exactly this.

>>21242893
Why XSN?

(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.

>>21244143
if you know, you know

>>21244385
the following is a list of other DEXs that can do this:

>>21244413
BASED, we're going to be rich bros

>>21244385
based and stakeholder pilled. this is about to end some other exchanges like uniswap

>>21244458
its the only way

>>21244413
meant to quote this anon>>21244596

loading up until $1

>>21244633
checked

>>21243741
REN is like a mature stakenet. It's had massive VC, big market cap and volume and it's poised to be a first integrator into the state controlled digital yuan.
The two are going to be a VISA v Mastercard or East V West polarisation

>>21243647
>peaked over $.9
sounds good

if we hit $1 before a functional product I guess I'll sell my principle - which is like $3k for my 7 nodes.

>>21243741
>>21245378
stfu with that stupid erc20 useless token