/biz/ - Business & Finance

>>22561921
eplaine why please

>>22561921
I know this coin is a scam because it enhances bitcoin and ethereum the biggest scams since gold or pennies. Did you know pennies are worth more for their material than their monetary worth? I would stay far far far far far far far away from pennies, gold, ethereum, bitcoin, and XSN.

>>22561921
I am afraid of competitors (Link + Arbitrum)

>>22562212
Hey its Link + Arbitrum guy. He is really cool he never explains himself but has convinced me to buy two million linky stinkies because he posts this one liner so often! Good stuff!

>>22562117
checked

>>22562310
thanks for the check kind stranger

shut the fuck up i finalyl got more to pump to shitty livecoin for xsn with the unidrop

>>22562392
checked

FUCK CZ

XSN $100 2021

Any checkers?

question for cold stakers: how long does it take to start getting staking rewards? I have 300 xsn in the cloud, i have it setup in my xsn wallet, but it's been about 3 days and I still haven't gotten my MN staked (i have one MN). My cloud stuff is getting rewards though. I've read it can take a while.

>>22562992
after about 5 days rewards start coming in at the normal pace

>>22562247
>he never explains himself
what do you need to be explained? They are solving the eth scaling problem an alternative to raiden

>>22563114
i see, does the staking rewards go towards my cloud balance or in my wallet?

Man I wish I paid for the exclusive access to the block5 area at bitcoinfrence 2018

>>22562069
Hey man. I was eating breakfast.
Look at all the other DEX tokens, the DeFi ICOs, their tokenomics, and their market caps.
XSN is considerably more advanced than any of them and it has a market cap maybe 10%.
The downside of buying in is that it has haphazard volume and its still not on a decent exchange. The upside of buying in is that this entire market is heating up at a rapid rate and its sitting atop the most substance and a L2 DEX model that more and more experts are proposing as a good scalable, sustainable ecosystem.
It's taking a risk to invest in the grassroots future of crypto, despite the current status quo.

>>22563198
They go to the cloud's address.

>>22563553
makes sense, got it. thanks

>>22563340
>XSN is considerably more advanced than any of them
On XSN I can't lend assets out and do all sort of fancy shit

>>22563684
XSN's strength comes from
>native interoperability with other blockchains
>offsetting burdensome tx to allow for greater scaling on those networks
While XSN offers a code-agnostic dapp platform of its own, its not trying to compete but rather enhance multiple aspects of the Bitcoin and Ethereum economies.

>>22562310
>>22562334
>>22562448
Wtf is going on here? Am I being punked?

>>22563812
checked and cope pilled. seething.

>>22563922
checked

>>22563771
Yes, with integrated scaling solutions for btc and erc20 dApps can be built to do those fancy things on the large, and previously unavailable micro scale - offering a whole new market of financial tools that are fast and cheap.

>>22564328
BTC for payment.
ETH for settlement.
XSN for bridging infrastructure so the payment and settlement layers can both scale with as little resistance as possible.
I think BTC and ETH maxis will come around.
Half the perception is substance. The other half is money markets and backers. You don't need substance to get money markets, backers, and hype but you do need substance to stay around for longer than a week. In that regard, I believe XSN is very much heading in the right direction. It's already a sure thing. It just needs better money markets. Sooner or later, one of the big exchanges will list XSN and others will follow to compete.

>>22563771
>>native interoperability with other blockchains
>>offsetting burdensome tx to allow for greater scaling on those networks
there is Link +Arbitrum for scaling purposes

Also you can't access to all the DEFI lending opportunities with XSN

>>22564861
checked. seething. cope harder

>>22564861
You do understand that once the eth integration into the xsn light wallet is completed they can add any layer 2 solution? It doesn't just have to be raiden. Also LINK isn't a DEX. It's a framework for building decentralised oracles. XSN is a blockchain so any devs will be able to build on top of it too.
>Also you can't access to all the DEFI lending opportunities with XSN
Such as?

>>22563340
I spent $30 to attempt a uniswap tx before I went to bed last night.

I'm still waiting for that tx to process. it's been 7 hours.

eth is a shit show right now - what the actual fuck.

>>22564861
>We are excited to announce the release of new capabilities for the larger Ethereum community by enabling the combined use of Arbitrum and Chainlink, which will enable Arbitrum’s unique form of trust-minimized smart contract computation to be used both securely and easily in the computation of any data-enabled Solidity based smart contract that uses Chainlink.
How does Link+Arbitrum communicate with chains outside of Ethereum? It appears to deal strictly with smart contracts written in Solidity, although if Arbitrum is run from VMs it should be able to offer code-agnosticism from the L2 end.

>>22561921
Hahahaha. THIS shitcoin will bleed 90% like all the rest and never recover. You should be mining Safex.

>>22565075
>your shitcoin is shit
>you should be buying my shitcoin instead!
yes sir please sir very good sir just bought 1000 time to do the needful

>>22565075
2 questions.
What does the "token lock-in" in phase 2 entail?
When will they get to phase 4? Specifically with regards to atomic swaps and DEX integration.

Transactions were all being done on chain and it got congested.

Uniswap currently has more than 1b daily volume, but transactions are on-chain so ETH gas fees are through the roof.

Stakenet is solving this by implementing the Raiden Network, AND the Lightning Network to perform instant off-chain transactions which are way cheaper.

All the fees that are collected from people trading is used to pay masternode owners, AND to buy up XSN and burn it from the total supply.

In other words, XSN will be deflationary, just like Bitcoin. Once people realize how EASY it is to use their DEX, volume is going to go through the roof.

>>22565075
>>22565170
CZ spotted, commencing elimination.

>>22565320
The most convincing fud was that normies would have a hard time opening/renting channels and then waiting for them to go active. There was truth in that. Now there is a straightforward way to immediately swap upon deposit to an L1 wallet with pic related. This took took the many contingencies and pre-reqs for making L2 trades and turned it into a one-stop "it'll be done in 25 minutes if you're sending from L1 but it's only $1" solution.

But it won't have a web version that normies can use via metamask. Shrug.

>run 15MNs off cold hw wallet
>automatically LN txs rewards into any coin of my liking and send to SXP wallet with 0 gas fees
>live life off crypto rewards

>>22565793
>normies
>metamask
I don't know, anon. Not to say there isn't money there but only to a point.
A bespoke app would attract more normies.
As far as I know the mobile version of the multi-currency light wallet will initially be for storage and cold-staking as LND and Raiden presently live on x86-64. Stakenet is capable of interacting with other layer 2 protocols outside of Lightning and Raiden. With interchain economy being the objective, there may be other protocols and mobile-friendly developments that could be bridged for deeper interop.

SCAM!

>>22566835
how

>>22567099
SCAM!!!

>>22561921
sir haven't you heard about ARPA?

>>22567244
why

>>22565793
normies don't use metamask and normies don't even use websites. normies have the coinbase app and nothing else

>>22566835
>>22567244
I believe you've been misinformed. Stakenet has been going for almost 3 years straight. Hardcore, non-stop development. No ICO. Grassroots community.
X9 was rather ahead of the curve in opting to develop on L2 back in 2018, when "CEXs were too big to be replaced". It will take years for everyone else to catch up to them.

>>22567457
>>22567892
SCAM
SCAM
SCAM

>>22565793
there will be a mobile version - unfortunately metamask wouldn't be extensible enough to function for the dex due to the interoperability of the lite wallet and dex.

there is no reason the dex couldn't be ported to a website - it just isn't a priority because the team wants the dex to be truly decentralized, and a website creates a single point of failure.

>>22568070
nah

>>22564984
>>Also you can't access to all the DEFI lending opportunities with XSN
>Such as?
lending (Avee)

>>22568636
I think my priorities are
>cross-platform Raiden interop
>Hydra
>XMR support
>mobile/web-based app development parlayed from a successfully working ecosystem
In that order.

>>22565064
>How does Link+Arbitrum communicate with chains outside of Ethereum?
Oracles are literally inter chain comunication channels

>>22569641
Is there more financial incentive in using Link+Arbitrum to do trades within the ERC space? Outside the ERC space?
Do they have working orderbooks? If not, how fast does it execute trustless one-off interchain trades between two unknown parties and how many steps are involved in doing this, specifically with regards to Bitcoin and non-ERC?

>>22569585
i just want to deposit btc/eth and swap to buy because im lazy
once i can do that with a good variety of coin pairs im happy

>>22563553
>>22563620
I set up my first MN a few weeks ago. Rewards started after about 4-5 days, and they were paid to my core wallet address.

>>22570730
Cool man. How much XSN have you made in rewards so far?