/biz/ - Business & Finance

>>21590904
blocknet mad that no ones to use their shitty blockdx with shitty atomic swaps and no lightwallet.

he can eat a dick

>Indian scam is Indian scam
More at 11

haha glad i sold those shitcon back days

blocknet just angry their devs gave away their tech to binance trying to get listed LMAO

>>21590904
How can one person be so wrong about every single thing he says even down to oracles which is on the XSN roadmap. Must suck when a DEX is beta gets more daily volume than theirs that’s been out for 2 years. Blockcuks be seething at XSN guess that’s why they are where they are and XSN is flying above them.

>>21590904
That shit has been out for 2 years and nobody uses it. I can see why those cucks are so salty now

>>21590904
>caring about blockcucks
Ask them how CZs nuts taste

>>21591464
Hes fuckin fuming lmao

maybe he should apply for a job on stakenet, blocknet is done

>>21591010
this. it's just more on-chain shit, no liquidity, no adoption.

Nobody cares if you have a competitor in production - blocknet and nash are both sucking wind because they have no VOLUME.

That dev is just so wrong...
So glad I've backed XSN over that crap.

>XSN has no volume
checked

>On ThE rOaDmAp
kek... apparently everything is on the XSN roadmap

BetaNet much? Promise the world much? Hopium much? Attempting to hop on the latest trend to appear relevant much? You fags are behind no matter which way you look at it: DEX, Oracles, codebase, MaStErNoDeS, wallet, etc, etc, etc. How about finish some products before taking to the threads you fags

No real response yet, kek pajeet shills in shamples

>>21592726
Noice!
You showed them XSN fag-loving soibois!

>>21592555
checked

>>21590904
Weakest FUD attempt ever.
Want to accumulate? Just fucking buy it already, price is bound to move soon

the masternode code is a problem, so he's got that one. remember when some anon (possibly a dev) made the x9 devs come into the thread and show them a spork or some shit.

it's still not been answered in the stakenet discord. someone said it doesn't seem right that someone has a masterkey, but no one's addressed it.

Tell me anon.
What is Blocknets swap success rate? How likely is that a trade fails?

This whole thread is so bullish Im about to buy another 2k. Price will bounce to 70c soon.

>>21590904
Just everything about this reads like salt.
>supposed DEX (implying it's not functional)
>based solely on lightning network (wrong - its integrating raiden, the beta is open to linux users)
>not pursuing the oracle meme
>blatant lies ("not pursuing blockchain routers" - VIPER is xsn's blockchain router)
caps it off with this gem...
>tons of "hype", no substance

meanwhile, they've had their solution in place for 2 years (!!!), no volume, no adoption, no functional market.

someone help me understand what makes these guys think they're competitive, when they've had a functional product for two goddamn years, literally watched uniswap eat their milkshake for the last 10 months, and have made no effective action to stop it.

>>21592938
It’s not a problem XSN doesn’t use PIVX code like they assume they do in fact X9 devs were the ones that told PIVX back in December 2017 that they have a big problem with their seesaw mechanism which is why XSN didn’t use it and they never got credit from PIVX for bringing it to their attention. XSN is a first of class fork as show. Not going to lie and say it’s perfect as it isn’t but it does what needs to be done for now. Hydra is when the big upgrade comes to the chain and MN’s along with it but as announced just the other day a chain upgrade is coming in the next week or so to implement cold staking and MN management from ledger devices and during that they are using it as an opportunity to sort out some outstanding issues at the same time so it’s a non-issue.

Crab in a bucket mentality

Blockek failed and they don’t want to see XSN rise from their ashes because it will remind them of all the time, blood and sweat they put in; they’ll amount to nothing.

So by any mean they’ll try try and try to bring down XSN to their level, but in the end, just like their DEX - it’ll amount to nothing.

They should just pool resources to xsn and share some glory. Rather than go down in flames.

>>21593210
>>21593608
>>21593772

Typical XSN brainlet responses that clearly display the low IQ of everyone invested in this useless shitcoin. None of this shit spewed by any of you is remotely accurate. You idiots on this board don't know squat about tech, nor will you ever... but only if you convince the other brainlets on biz that you do, that's all that matters right? lel

That codebase issue has nothing to do with seesaw garbage you twat.

Last I check Uniswap is an ETH DEX right...? Oh, right. Even what you fags are building is 100x more difficult than what Uniswap or Kyber or any of those other lazy fucks have accomplished.

Whoever said Blocknet's DEX was promoted mainstream yet? It hasn't even been marketed yet you fools since the XRouter backend was being honed paving the way for all types of lite clients. Funny enough with full node trading this DEX sees far more than XSN will see this entire year (XSN seething and fake trading incoming based on this comment though).

>>21594422
Hello blockcuck, how are you doing mentally lately? Can't be easy being so emotionally invested into a project that is both pozzed and cucked at the same time. XSN is your daddy and you know it, which is why you're fuming so hard little blockcuck, go back and cry and suck on your little CZs dicklet cock just like your "MUH OPEN SURCEEEE" blockcuck devs.

>>21594422
>Guise guise just wait another 2 years, we just arnt mainstream YET

Hahahahaha have a (you)

>>21590904
i will hold XSN all the way down to 0. Im already at peace with XSN going to 0. Fuck off, you are NOT getting my precious MN-coins.
EIther this thing makes me a multimillionaire, or i lose $1500, who the fuck cares

>>21593102
Ok guys...no response...i tell you.
About 50% of all trades on blockcuck are failing.

>>21594809
wait what, what price did you buy at that $1500 will make you a multimillionaire?

>>21594855
not true, i did hundreds of trades and probably 1-2% failed
you are referring to some dude that got 50% failing trades in a short period of time because the counterparty had a wrong configuration, it's security checks that made his trades fail, which is what any reasonable user wants

>>21593115
No doubt. Theres been a pattern since May where XSN will double in price and then bear crab for 2 weeks or so, before doubling again. $1 by mid September

>>21595022
Yep i was just about to say "this meme again" - I see these fags grasping onto that screenshot like it's gold, guess it's time to head into the XSN Discord and say the same and start posting it all over biz! Such low rent effort by these pajeets.

You all are desperate fags bagholding garbage that'll never go anywhere. Enjoy being just a DEX as the rest of us wave as we pass by. Look at you clowns... you're so legit that you can't even qualify as a legit project on CMC LMFAO.

>>21594937
Probably when masternodes were worth $300-400 bucks and considering rewards it could happen

>>21594422
Didn’t say it had anything to do with Seesaw just saying Seesaw was the reason why X9 didn’t fork PIVX for XSN and instead used Dash and Peercoin which had their own set of issues but were good enough to do what was needed at the time. Hydra has always been the big chain/MN upgrade so XSN can do its own thing but right now it isn’t needed. However as a chain upgrade is needed right now to add TPoS and MN management to Ledger via the new lightwallet it’s a good time to put some of those fixes in place at the same time so that’s what is being done.

Glad you appreciate that what XSN is doing by building a cross chain Layer 2 DEX is much more difficult than anything that has already been done before.

Lol you lot don't half get worked up about 1 post in the blocknet discord posted by a community member. Hardly a fud storm!

Is XSN currently using shitty PIVX code? Yes. Have XSN released any working products yet? No.

>>21595225
>Glad you appreciate that what XSN is doing by building a cross chain Layer 2 DEX is much more difficult than anything that has already been done before

False, that's not what I said... I said it's more difficult than any solely ETH-based DEX. Funny enough, building a Layer 2 is a lot easier than a real DEX cause you get to make your own rules... but hey, who's keeping score around here anymore.

>>21595189
You Blockeks arnt the only ones scared of XSN.

Guess who bought out CoinCap? Guess who fucked blockek in the ass? Guess who’s also scared of XSN? Guess who makes the rules? That’s right keep that seething mechanism moist lololol

>>21595237
Again no XSN isn’t a fork of PIVX. As for working products, TPoS is a working product, MNaaS is a working product, Cloud Staking is a working product. Even the DEX and lightwallet is a working product, over 200 people in the beta already trying it out and that’s a closed beta, going to open beta this week.

>>21594422
Hi Blockcuck dev. Kek

>>21595463
These losers are so sad that they built a bot to alert them every time theyre mentioned on 4chan so they all swarm in here and try to salvage whatever they can. I’m in their discord to watch them cry and drink their tears HAHAHAHA

>>21595364
If it’s so easy to do what XSN is doing on Layer 2 then why hd nobody else accomplished it yet? People are realising the issues with onchain dexes due to Uniswaps rise and what happens when a blockchain gets flooded and more and more are asking where are the Layer 2 dexes. Andreas gave a great talk on DEX at the weekend and even he said once Layer 2 dexes arrive it will make Layer 1 dexes redundant as they won’t be needed. If people are already thinking like that and it’s so easy why has nobody else knocked one out yet?

>>21595656
Simple - no further foresight and technical skill to accomplish such Visionary plans

Imagine having the choice to buy either BLOCK or XSN and comparing the facts:

XSN:

>Failed ICO project, had to rebrand cause rekt... tries to follow every single hype item but takes so long to build it that by the time it's in beta it's already 2 years old news (aka flawed LN)
>No public release DEX yet
>Outdated codebase
>Claims Oracles, zero progress
>Invalid listing on CMC
>Shitty exchanges

BLOCK:

>OG project that never had to rebrand to run away from its past
>One of the first in the BTC-based DEX space
>Working DEX + public release
>Oracles working
>XRouter product honed allowing any service node operator to become a infura-like provider of any chain or non-chain data source
>Valid listing on CMC
>Completely overhauled and updated basecode featuring state-of-the-art on-chain governance never seen before
>Litewallet built on breakthrough XRouter tech due to be released
>DEX mechanics and security checks that render layer 2 useless (check out Blocknet's 0-conf trading)
>ETH integration (done the right + secure way) in the works

Literal no brainer.

>>21593608
damn anon nice answer thank you for taking the time.

have a (you)

>>21595938
thanks just bought another XSN masternode

>>21595938
>0 conf trading
Yeah because no one is trading.

>>21595938
imagine putting this much effort into shilling for a 9 mil market cap shitcoin, literally moving a toyota corolla worth of volume daily, how pathetic

>>21596202
Imagine thinking XSN volume is remotely real... definitely doesn't have anything to do with the CMC invalid listing... rr-r-rright?

>>21595938
God this fud is so old. X9 devs of XSN were nothing to do with the POSW business they were hired to build the blockchain for POSW and that’s it. When POSW the business failed X9 kept the POSW blockchain as they had built up a relationship with the POSW community and used it for their own plans turning it into XSN. X9 could have easily left and just did an ICO for their plans but instead they stayed and salvaged POSW, if they hadn’t then all those POSW holders would have lost everything. I don’t see how people can try and use what X9 did as a source of fud as they didn’t have to do what they did and could have easily took the easy ICO route for a quick payday but they didn’t they stayed.

You say they jump on every hype item but a Layer 2 DEX was always what was being built as the first dApp on the platform and it’s only just now that people are starting to realise the benefits of a Layer 2 DEX so to me that shows incredible foresight in the market as they knew way back then that this was going to be needed in the future.

Codebase has been explained in this thread multiple times

Oracles are on the roadmap and have been since the beginning so they didn’t just add them but the lightwallet and DEX has been priority over everything else. Blocknet of all people should know that a working lightwallet something that is needed for adoption.

CMC have been fucking around with Stakenet page for the last month or so at one point they removed all of their active markets for over a week for no reason then they mysteriously came back after they started getting called out on it.

Shitty exchanges, yep XSN has never been one to pursue exchanges as what’s the point when the best place to buy/sell XSN will be the DEX so better to direct people to that to trade over some CEX.

>>21596397
Nobody who holds XSN thinks that volume is real.

>>21595022
Ok, that’s interesting.
How much time did you spend to do those 100 trades?

>>21596397
everyone knows the volume is faked. who knows where it comes from, but the consensus in the discord is that it's livecoin doing 'laundry'... not even the whale discord, just the normal one, for everyone to see.

>>21596698
It is Livecoin as the trades just appear in the trade history nothing ever shows up for sale. A 2BTC buy/sell will just appear out of nowhere on the history and only Livecoin can do that.

Livecoin roughly 10x’s all the top 10 coin volumes. I know.

>>21596554
trading was pretty fast (about 1-2 minutes on average for a BLOCK/LTC trade, as far as I know it also depends on the configured minimum of required confirmations), the bigger problem was not only to download the litecoin blockchain but that the litecoin chain got corrupted a few times (over a span of maybe half a year), so I had to redownload parts of it (not a problem on blocknet side of course)

I also tested the litewallet alpha, some versions worked perfectly, others not at all, but it were pretty early releases some months ago

>>21596868
See there is nothing wrong with Atomic Swaps it’s good tech. The only issue with it is swapping on congested chains like BTC and ETH. As they are so busy swaps are slow and can be expensive, swapping on low traffic chains however is fine.

>>21597183
as far as I understand the DEX is only one Blocknet use case and it's less about atomic swaps per se (that are arguably the most secure way of exchanging tokens) but the network that lets you set them up in a decentralized way, and with xrouter (used in the litewallet) even without any local blockchain copies

but hey, I'm all up for competition and a variety of solutions, there is probably space for many and it's way too early to call something like a winner

>>21595938
I wish I had this self confidence lol

>>21595938
wow, it's like blocknet really is the dunning-kruger of dex shitcoins.

Face Palm.

We know the fees for on chain trading like blocknet are insane. Look at uniswap same shit. And we aren't even in a real golden bull yet.

It has to be off chain. Andreas confirmed l2 dexes are the future and XSN is way ahead of anyone else.

>>21597183

Only problems with swapping coins based on Btc or Eth.. So you mean basically all of crypto lol

>>21598142
some anon = decentralized project
ok

>>21598357
>We know the fees for on chain trading like blocknet are insane. Look at uniswap same shit.
you can't compare atomic swap fees with gas for eth contract execution
if the former are too high you will most likely not use the currency at all, not even to mention that you have to pay fees to open a payment channel for any level 2 solution as well

buy LCX

>>21598410
lol blockcuck

face it your project is dead. fudding is a waste of time

HOL UP GUYS, HOL UP NOW.... NEW PREMIUM VIDEO FOOTAGE OF THE BLOCKNET STATE OF THE ART DEX HAS BEEN LOCALIZATED ONTO THE YOUTUBE.
https://www.youtube.com/watch?v=1ovElIKQDls
IT'S FUCKING... IT'S FUCKING BEAUTIFUL GUYS, HOW WILL WE EVER BE ABLE TO COPE?

>>21599343
i would really like to address some of your arguments, i just dont see any

>>21599245
https://gitlab.com/blocknetdx/blocknet/activity

HOL UP, HOL UP..!
BLOCKNET NEWS OUT, BLOCKNET DEVS ARE LITERALLY SO FAR AHEAD OF THE CURVE THEY DECIDED TO HELP CZ BY GIVING HIM THEIR TECH, BECAUSE THEY ARE SO SMART THEY LITERALLY REAKUZE THEIR PROJECT NEEDS MORE COMPETITION. IT WILL BE MORE CHALLENGING AND FUN THAT WAY, WHICH IS MORE FUN LOL, OTHERWISE ONLY LIKE CRUSHING BABIES.
https://youtu.be/JSCAelH_iuk

This is so generous of Blocknet, I wish XSN devs would realize they can only win if they literally decide to bring all their competitors with them to the top.

XSN shills are laughable. XSN are literally trying to be Blocknet but are at least 2 years behind. They're codebase, which Blocknet were using up until this year is fucked. Blocknet knew this and spent most of 2019 correcting this by building off a bitcoin fork. The next 6 months will see Blocknet release of the Litewallet, a web 3.0 exchange, mobile app and eth oracles. Meanwhile XSN will continue to kick the can down the road and over promise and under deliver.

>>21600059

EPIC RAP BATTLES OF HISTORY
BLOCKNET
VERSUS
STINKNET
...
BEGIN!

Blocknet:
When I show ladies my DEX they go right into heat
Much hotter than your curry Raj, please, take a seat
Your coin’s a P O S Double-U scam
Piece of Shit Wallet? XSN’s a rebrand
Layer 2? More like Number 2!
Fake volume on Livecoin is all you do!
Can’t take the poo to the loo while I’m styling deez BLOCKS all over you!
I drop atomic bombs via atomic swaps
Your coin’s worth less than digital crops
Losing to YAMS, guess the ball was dropped
Change your name to LeBronNet cuz your team has flopped!

StinkNet:
Okay it’s true, do the needful poo, my current bitch lasagna of the Mumbai moons
*SHITS PANTS LOUDLY FOR FIVE MINUTES WHILE FAILING TO ADDRESS ANY ARGUMENTS*

Who won? Who’s next? You decide!
EEEEEEEEEEPIC RAPBATTLESOFHISTORY

>>21599709
>>21599783
On a serious note though, where can I find actual videos of the blocknet dex? I honestly can't find much, and I really don't feel like downloading it just to have a look.

This is the only one I can find, and it honestly looks like a pain in the ass to use.
https://www.youtube.com/watch?v=aFSl60KcaCk

>>21600283
Hope all that stuff gets more use than your DEX that’s been out for 2 years and still nobody uses it

>$500 daily volume
>13 trades
>pathetic

>>21600395
holy shit this is cringe! I LOVE BLOCKNET NOW THANKS JUST BOUGHT
100k

>>21600503
What are XSN stats out of curiosity,
>>21600571
Tfw no big tit brown gf

Where can I find XSN dex trade stats?

>>21600405
when using the litewallet (alpha) you only need to download the blocknet chain

the plan is to integrate everything into one application and at some point just into some browser addon or go web based, but this will likely take some time

there are currently some sketches for a redesign of Block DX, but thats looks only

and a technical achievement currently being implemented into Block DX (otherwise available via command line) are partial orders, so you can atomic swap only a part of an order (to more mimic how trading works on CEXs)

>>21600503
it's still not easy to use with all the chains you need to download, but hey, bitcoin was not easy to use at first as well; when did the first electrum wallet came out? 2011? 2012?

>>21600664
>>21600738

You can see some here if you want, still more usage than BlockDX and it’s still in beta lol

https://orderbook.stakenet.io/LTC_BTC

>>21600664
>>21600738
>XSN shills talk mad shit on blocknet’s trade volume
>won’t answer these posts
Hmm...

>>21601109
Just did, in the last hour more trades have been completed on LTC/BTC pair alone than the entirely of BlockDX in 24 hours lol

>>21600858
>>21600965
Oh well, good luck I guess. The rivalry between Blocknet and Stakenet is forced and retarded as fuck either way. Hope we will all can make it together. Either way, I hope you realize that you ought to invest a bit into XSN as well, in case they do take the top before blocknet, which to me honestly seems like the most possible outcome right now.

>>21592736

lmao a bunch of testers testing the beta version of your shitdex trading back and forth between each other is not trade volume. Nice try though

>>21601444
As opposed to no one using blockdx at all?

>>21601308
This is what I don’t get why there is even this rivalry between them. They should be working together to take on the CEX market not trying to knock each other down or neither will get anywhere it’s stupid

>>21601308
most of the fighting is pretty stupid and i prefer to not take part in it

does livecoin work without kyc? pretty sure beaxy enforces it

or i take my chance with the stakenet dex?

>>21601470
Its just blocknet devs talking shit. The XSN team ignores it. Only the XSN community that calls blocknet out on it etc.

Not really accurate to say the block dex has been out for 2 years. I mean yeah it's been possible to trade, but you need to download full blockchains for each coin so no one is going to bother doing that. It's already a lot more user friendly than that video posted above.

Integrated litewallet though will be be a game changer.

>>21601444
But they are trading their own actual assets and also using the aggregator too so whats the diff

>>21601470
This!

>>21601523
Why do you say devs talking shit? The devs won't be wasting their time posting on 4chan lol

>>21601470
>WHY CANT WE ALL JUST GET ALONG?!?!
>WHO CARES IF JAMAAL FUCKS MY GIRLFRIEND WE ARE ALL ON THE SAME TEAM, #ONERACETHEHUMANRACE #COMPETITIONISWHITEPATRIARCHY

>>21601517
I honestly don't know if livecoin has KYC or not, I've sent all my btc to it from other exchanges that do have kyc, though. You can get access to the dex by listing your name in the discord channel "beta-signups", after which you should easily be able to download and send funds to the light wallet for trading, I think.

>>21601733
Just check the OP. 86b is a blocknet dev iirc. The XSN team doesn't really bother answering that and also doesn't talk shit about blocknet

Yeah, i shit on XSN a lot too but to be honest there's more than room for one. Just like there are hundreds of centralized exchanges there will be hundreds of dexes. Although how many are true dexes is another story! (I believe XSN to be a true dex fwiw).

>>21601733
You’d be surprised anon

>>21601832
Livecoin is no KYC as long as you withdraw less than $20k a day. If you use the DEX the aggregator is setup onto Livecoin anyway so would be same as buying from it without actually going there

>>21601840
he's a team member, not a dev
not sure about every point, but it's not exactly hostile or toxic, he just raises some points

The devs on blocknet, Michael and Dan,are often too busy to post on discord. No chance you'll find them shit talking XSN on 4chan lol

>>21601981
A lot of the points are incorrect though. The DEX isn’t solely LN as Raiden integration is being done right now infact if you grab a Linux version of the beta you can do BTC/wETH swaps right now.

Codebase is outdated but it does what it needs to do for now, it has always been planned to do a big update with Hydra to bring it where it needs to be, however as there is a chain update coming in the next week or two to finally bring Cold Staking and MN management to ledger a lot of the shit bits are being resolved at that time until Hydra.

Oracles are on the roadmap and have always been on it, Devs only have so many resources so can’t pursue everything at once and all focus is on Lightwallet and DEX as that is the showcase for what dapps can be built on the platform for hydra.

Viper is a blockchain router but again on hold for now as devs were pulled off it to finish lightwallet and DEX.

>>21593210
But but but Sir!!
Muh XRouter Sir!
Wen XRouter everithin then Gud!

Legendary post.

>>21601981
Is not even a teammember was voted out on last superblock. Decentralized governance in action

>>21594422
Typical loser talk.
Should we ask Andreas Antonopoulos where your L1 shit Dex will be in a few years?? lel

>>21602685
POST IT MY BODY IS READY

>>21595022
Riiiiight!!
So no one can figure out how to use your crap properly.
uuuuhhh sounds like the perfect tech to throw in the head of retail investors lel

>>21602833
it's not that hard ;)

>>21602833
POST IT FAGGOT

>>21590904
Blocknet goes all the way back to Fibonacci litecoin miner scam days with their PR guy - can't remember his name

>>21602685
Hahahah ... Got my popcorn ready

the xsn street shitters vs the block cucks who will win?

>>21603113
Yes I'm sure none of you soft onions dick fags and queers can get it hard.
Sounds like these things goes hand in hand over there.

>>21603113
Yes I'm sure none of you soft Onions dick fags and queers can get it hard.
Sounds like these things goes hand in hand over there.

>>21590904
Wait is he being serious or sarcastic? Xsn has those products mentioned in development.....

>>21602685
For those that haven’t seen it Andreas said Layer 2 dexes will make Layer 1 dexes obsolete so don’t need to take XSN shills word for it, take it from an expert. 44mins in

https://youtu.be/ugPa1r2OdIU?t=2632

if there's one thing XSN's got going for them, it's your community. You're an enthusiastic bunch lol I see you guys shilling incessantly on 4chan and twitter. May even invest a little on that basis alone lol

>>21603932
Personally I would watch the vid above and see why people are excited. Andreas has no idea XSN has done exactly what he is talking about.

>>21603850

>>21590904
Has XSN opensourced their code?

>>21604224
Everything apart from the lightwallet/DEX for obvious reasons yep

>>21596698
>>21596782
The volume is from the DEX you retards.

>>21603850
Thanks!
Now that's a great laugh and a half!

>>21590904
Kek. Pic related is from the day the Blocknet devs got caught making up lies about "being able to hijack the MN rewards" to trigger a panic sell. They tried to act nice after their larp fell apart
Same guy as in OPs pic. What happened to the "partnership"? Ahahahahahahahahahahahaha

>>21604912
What a little snake.

>>21604912
What a fucking snake, this is a blockek dev. Disgusting liar

>>21604912
Proof that he made those claims? Without context your screenshot just shows him not knowing who XSN is whenever you took that screenshot, which going off his posting history in discord was definitely before OP’s post.
Do you have screenshots of him making claims MN nodes could be breached?

>>21605269
It just so happened that the "expert coder" larp began immediately after Blocknet was mentioned in a Stakenet thread and BlockDX's discord bot picked up mention of it. Immediately after this, the "expert coder" showed up and started demanding technologically heavy answers in-between concern shilling and playing the victim. It was quite aggressive.
His threat turned out to be a larp. Then he pivoted and said that "getting a reaction out of people was the larp :)"
They also stayed in the thread and continued FUDing long after they got thoroughly BTFO to get the last word in after the thread went past bump limit.
It was disgraceful.

>>21605269
I'd like to see proof of that as well, otherwise it's just weak ass FUD

>>21605174
He's not a blocknet dev you u spastic infact he's not even on the blocknet team full stop so drop the narrative.

>>21605911
I'm pretty sure he is. Prove me wrong

>>21605911
>block shills make this very thread
>use discord screenshots from the same guy to spread fud
>post screenshot of the same guy talking up xsn
>d-drop the narrative hes not even on the team
kek

>>21605911

>86b is Jeff Madgett and is listed on Blocknet website as a team member

>>21606352
Confirmed, thanks anon

Further proof

Majority of those people have been voted out actually.

New website coming soon likely won’t have them listed.

BLOCK holder here and respect L2 and atomic swaps for what they are. Some people just can’t cope

>>21606486
You know XSN are doing Atomic Swaps too right, just they do them on L2 instead of L1.

Yah I know this, L1 and L2 swaps both have their place

>>21606580
They do indeed

>>21605911
HAHAHAHAHAHAHAHAHAHAHAHAHAHA

literally on Medium.


> https://medium.com/@theblocknetchannel/understanding-the-blocknet-and-interoperability-a-reddit-ama-on-friday-4th-may-9c1d387b6555

Blocknet is a fucking joke lol

>>21605911
UH OH

Your source is from 2018, he WAS on the team

>>21606633
Lmao what a fucking retard. He should atleast dyor before telling lies.

>>21606730
So you mean the site wasn't updated since 2018? Not surprised Stakenet's Beta Dex has more volume than Blocknet's even after 2 years.

> https://docs.blocknet.co/project/contributors/

>>21590904
>First they ignore you
>then they laugh at you
>>then they fight you (we are here)
>then you win.

He was a team member not a dev and was voted out by the superblock.

Im a little confused here. You have an ex team member make relatively accurate claims about XSN and this same team member was messaging someone about possible collab months prior? Not sure what the issue is here so i must be missing something

>>21607320
apparently he was messaging with someone that immediately posted the conversation on biz, that alone makes me think it was no XSN team member

no surprise this hypothetical partnership never came to life (to my knowledge)

>>21605499
there is not a single proof that any blocknet dev was involved in this incident, that alone speaks volumes of anyone claiming it

>>21590904
Imagine feeling the need to defend yourself against the #200 coin totally unprovoked

>>21601210
kek, let these faggots stay poor. $5 EOY

>>21590904
>Tons of hype, little substance

As apposed to blocknet? KEK

stakenet already have a functional layer 2 DEX in public beta. Raiden integration is being publicly tested also. Wake me up when blockshit is actually doing anything revolutionary

>>21608234
At least!!

Imagine buying this dogshit over XSN.

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

>>21608898
Is that the DEX?

>>21609294
Yes, it's the Linux version that has Raiden intergration.

>>21609660
are masternodes running full eth nodes or how does it work?

>>21609294

>>21590904
lmfao blocknet is fucking shit dude. the dev is assblasted xsn is going to $5 EOY and his shit project is going nowhere.

>>21599343
>480p

>>21609721
Masternodes don't host the dex yet and the user is trading with the aggregator, don't think they need eth nodes or anything.

>>21609721
I think they are integrating the raiden client directly into the wallet like they did for LND.

>>21610077
>>21610104
so what is hosting the "DEX"? and how can you trade eth at all without eth nodes in a decentralized way?

nobody?

>>21610867
It scam that why not replt

>>21610183
Masternodes.

Masternode owners will receive the fees to run the dex

>>21611022
even i, asking the question, don't think it's just a scam

i mean.. it should not be hard to answer the question "how is X decentralized" when you claim it is decentralized, even with a scam you should have some explanation

>>21611214
so masternodes do run full eth nodes? or who checks if payment channels are created correctly?

>>21611311
Oh shit, goyim knows
SHUT IT DOWN.

Checked.

>>21610077
>>21611022

>>21611311
Ask the devs? Like 20 people are testing Raiden integration

>>21611545
a dozen of people shilling this project and no one can fucking tell me how it is decentralized? do they even do basic research before investing?

>>21611545
i did watch the 6 minute raiden mechanics video on their webseite

not a single word about anything that lets me assume you don't need a full eth node yourself to use it, but please enlighten me

>>21611630
DEX will be fully decentralised after Hydra, bro.
rn is the testing phase which is centralised obviously.

>>21611743
not obvious at all, but ok

so when this hydra goes live (when is that planned?) masternode owners will need to run full eth nodes?

>>21611785
>not obvious at all
lurk moar nigger.

>>21590904
THANK GOD I HATE XSN PAJEET SCAM CREW THEY SUCK SO BAD

>>21611952
this was not about knowing the dex is still centralized, it is about that fact that such a way of doing it is in fact not obvious at all

>>21595938
holy shit you are getting QINTUPLE TEAMED BY THE PAJEETS FROM XSN DISCORD YOU HAVE THEM SO MAD LOOOL

>>21612289
Goto the Discord and ask all the questions your heart desires.
They won't bite u blockdev.

>>21612410
if i was some dev i would have better things to do

it is one thing to get the information..
it is another that apparently not a single one of all the xsn shills seem to know

the fact the xsn kids hate when their project is fuded so vehemently and have such an adverse redditor reaction to any fud in their threads proves to me its a scam. like if you have a legit project you dont scroll through and attempt to correct every single fud one by one so more people buy in, you just thank the fuders, accumulate and wait for the inevitable moon landing

>>21608898
>>21609294
>>21609660
Wait why's it using WETH?

still nothing beyond "of course it is centralized"? nothing about how it will be decentralized?

>>21611785
no they're not running full eth nodes. full eth nodes are only used to provide consensus for layer 1 transactions, and no single party needs to run a node to transact; the dex hubs will obviously interact with them, but there's no requirement to run them to execute layer 2 transactions via raiden.

here's an architecture overview of what a dex hub is, and how hubs will transition to Master Nodes between now and Hydra (planned for near the end of 2021). right now the nodes are basically just VPCs linked to the blockchain to enable rewards; in the long run, they will be required to run hubs to earn trading fees.

https://medium.com/stakenet/xsn-%EF%B8%8Fdex-architecture-3e78a9017ef5

>>21597183


That's like almost all of crypto lol

>>21613061
It will become decentralized when the efforts of the network is translated to MNs via Hydra, the last phase of the DEX integration with the XSN Blockchain

>>21613089
>Hydra (planned for near the end of 2021)
Where does it say this at?

>>21611785
to clarify, I know you're concern trolling that xsn hubs will for some unfathomable reason be required to run eth nodes (just like they'd be required to run BTC mining nodes, right? lol)

that said there are plenty of resources available to anyone genuinely interested; just Google "xsn medium", there's TONS of articles, covering everything from staking concepts to technical implementations for the platform.

>>21613123
and the effort does not contain verifying eth transactions (like opening payment channels) that you can only verify with an ethereum node?

>>21613038
ETH doesn't conform to erc20 standards. they can do any erc20 swap, but not ETH until 2.0 rolls out

>>21613089
> full eth nodes are only used to provide consensus for layer 1 transactions

like opening payment channels?

>>21613301
You don't know what Raiden is, do you?

>>21613311
Oh yeah... oops.
Checked.

>>21613299
> just like they'd be required to run BTC mining nodes

not sure what a mining node is supposed to be, but yes, in order to verify bitcoin transactions (payment channels, hello?) you need a full node

>>21613191
sorry, I'm wrong. there's no firm date for Hydra implementation. I feel like I've seen a comment to that effect by the team recently, but it's not in any official resources I can find, so I shouldn't speculate.

>>21613411
>You don't know what Raiden is, do you?
as i stated i only watched the 6 minute explanation of their mechanics, which was not very insightful, so to repeat myself
> not a single word about anything that lets me assume you don't need a full eth node yourself to use it, but please enlighten me

>>21613416
you don't need to run the node yourself you just need to rent the channel from someone running a node

>>21613477
Have you tried going to the Discord server and asking them about the questions you have?

>>21613503
i was never talking about the traders perspective but a mosternodes one

>>21613536
i am here, where dozens of xsn shills are telling me to put money into this, so i assumed they at least understand the tech

>>21613477
you don't need to run a node to initiate a transaction that calls to the beacon chain.

seriously this is some stupid concern trolling.

>>21613610
welcome to XSN threads anon (or threads overtaken by these XSN pajeets)

>>21613610
So, instead of asking people clearly better equipped than what you're already describing as some moonbois, you stay here, reluctant to pursue your troubles with any more efficiency, berating morans you know never really planned to help you about how irresponsible their investments are?

You must be a joy.

>>21613676
There are 3 seething, obsessed fudders (really 1 changing IPs) for every 1 XSN chad

>>21613662
of course i am assuming that a trader does not have to have the full blockchains stored locally, but it is impossible to setup anything stakenet claims without full chains, so they have to be somewhere where they can be accesses in a decentralized way

all this is supposed to be a dex, right? so not only does it neet to verify that anything that i am claiming to have is indeed some valid unspend onchain output, but also that everything i might receive is that

i am not "concern trolling" that traders need full nodes, i am asking who is running these nodes and how a trader verifies that he indeed gets reliable information about blockchain states in a decentralized way

>>21613728
it is actually quite funny to see all of this silence as soon as you even slightly need to understand some crypto basics to answer

>>21613572
>how does a wallet work
yeah. the trader is the one initiating the lightning channel or raiden connection, not the node.

the node services the order book, not the explicit transaction fulfillment. the transaction fulfillment happens via the lite wallet functionality, which is where the channel is initiated and maintained. the wallets sync and then initiate LN connections, but the nodes manage the order book and support the facilitation of order matching.

I cant wait for the Stakeholder vs Blokcuck war to end it total capitulation for the blockcucks.

https://streamable.com/kzpimj

'Once a layer 2 DEX arrives we wont need layer 1 DEX's' - Andreas Antonopoulos

>>21613841
Do you enjoy your pedantic autism, anon?

Most of us are just here for the memes.
It can't be that fun getting your dopamine like this.
Hopefully you enjoy yourself.

>>21613856
so where does the lite wallet get its information from?

>>21613893
if it wasn't for pedantic autism we would all still rely on fiat money

>>21613893
it's clearly just a concern troll. he has no interest in understanding the function of the dex, he's just trying to ask questions he doesn't think can be answered.

he's very aggressive and not actually seeking info. when it comes down to it he's just trying to start a fight and imply that the dex is not feasible to execute because
>eth nodes are really hard to service guise and this matters if you want to run an xsn matter node

>>21613867

if layer 2 was as secure as layer 1 it would just be the new layer 1, but it's layer 2 for a reason

>>21614068
i am very interested, it just seems these simple answers are too much to ask

when it comes down to it no one yet wanted to explain where and how the magic happens

>>21613998
it hooks into remote nodes - like literally any other lite wallet. in theory a master node could run eth nodes, but it's certainly not a requirement to manage functional erc swaps.

in order to maximize the decentralized nature of the planned deployment, it may make sense for them to deploy eth nodes in the VPCs for stakenet Master Nodes, but there are other ways to hook into the beacon chain using remote nodes to support the users.

>>21614145
I mean the question of how lite wallets are supported by nodes is not unique to this particular lite wallet. you don't need to build your own eth nodes to call back to the chain - you just need to connect to existing nodes.

with that said there isn't a ton of published detail on how the raiden architecture will work - it's still in early beta phase.

>>21614100
If you are thinking about buying this pajeet poo then wait a few days and see price action. Today is not a good day to buy.
I have buy order at 100 sats.

>>21614294
>but it's certainly not a requirement to manage functional erc swaps

it's one thing to do the swap, it's another thing to set it up trustless

> it hooks into remote nodes
run by stakenet devs?

>>21614145
>23 obsessive posts
>demanding answers in-between concern shilling
I bet 25 XSN this is the same person who larped as an "expert coder" a few weeks ago when XSN cracked and then fell beneath 2k sat. It doesn't really matter. Why can't you be happy for the success of others? Jealousy can be an evil thing.

>>21614521
>you just need to connect to existing nodes.
and trust them! spv + sybil attacks

>>21614656
Jeff Madgett is his name, remember it, he is master of faggots.

>>21614656
i am not and i don't mind anyone making money

i'm just trying to slap the thing to see if there are weak points, so to speak

>>21614656
Oh boy, I remember that day I completed my MN, thanks to >>21614612
Gota love this dedication

>>21614612
there are services you can connect to - see pic

>>21614704
i am not even a native english speaker, pretty sure he is

>>21614787
infura is centralized, it is literally controlled by a single entity that can just decide to turn it off

>>21614820
Maybe they will use Blockeks decentralised solution, oh wait they are being absolute pissy fags ranting on 4chan instead of working with XSN devs which they could have done on this

>>21614884
i do not belong to blocknet, but i'm sure i saw some screen caps that they would be open to something like that

but i don't want to say "xsn should use it", i just want to know "how does xsn solve this problem"

and i, personally, see this as a problem. not today, not tomorrow, but at some point in time you will see projects cracking that are not really decentralized. this whole space is not only about minimalizing single points of failure, but removing them at all

>>21614820
nice small blocks argument

>>21614748
Smart move.