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/biz/ - Business & Finance


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22675796 No.22675796 [Reply] [Original]

Prove me wrong: Stakenet has quietly had a major impact on the industry and it will spearhead some of the biggest gains in all of decentralized finance as the vast chasm narrows between the concepts its been inventing and building upon for years and the general understanding of these concepts grows and moves closer to the center and away from the fringes.
XSN threads were quietly on /biz/ all through the depths of the 2018-19 bear market. They were usually one-off generals.
Through 2020 and especially since June as the DEX progressed from private to open beta, there has been a notable uptick in XSN threads.
It's no coincidence that within a few weeks of Stakenet making some waves like
>aggregating orders from Binance, Livecoin, and Bitfinex's orderbooks
>getting one coin deposit working
>exhibiting time and time again - pretty much everyday - why Layer 1 is not a good idea for on-chain tx
It was only after this that you began to see ICOs come out of the woodwork offering the same ideas and concepts - on an ERC20, at that, and oftentimes backed by very moneyed and influential people who quite frankly should know better.
It's only been in the past few weeks that Layer 2 has become a popular topic of discussion. Now more and more recognizable experts are admitting L2 is the natural way forward, and with it comes the interest of those who bank on their word.

Don't let the experts "inform" you in another 8 months that building directly on Ethereum (rather than for Ethereum) and being co-dependent on its network and future plans for everything (rather than being independent) "might actually stunt" native interchain L2 interoperability.
I have posted this twice and no one has yet to convince me otherwise.

>> No.22675995

Anon too long didn’t read. Is this live or soon TM? Is there KYC?

>> No.22676133

Listen carefully fags. Fuck all this defi craze if your not going to ride the moonshot.

Stakenet literally built the first crosschain no kyc Dex.

It’s going to take all the volume from from Binance, atleast with btc pairs.

Imagine being able to trade btc/usdt on uniswap. Just a fraction of the daily volume and this project will do a 100x. If you missed out on uniswap then get in on Stakenet. It’s layer 2 solving the scalability and congestion problem.

>> No.22676375

>>22675995
Yes/Yes & No KYC

>> No.22676699

>>22676133
checked

>> No.22676951

>>22675796
>major impact on the industry
in what way?
>between the concepts its been inventing and building upon for years
trying to invent a working exchange?

>> No.22677208
File: 1.20 MB, 1160x630, vortex.png [View same] [iqdb] [saucenao] [google]
22677208

>>22676951
XSN was building towards L2, Lightning, and Raiden well over a year ago and it was only a few weeks after XSN started attracting industry attention from Vortex and some of the things listed in the OP that you had several ICOs pop up offering to do exactly what XSN has been working to do alone all this time.

>> No.22677363

nice shill, you put some time into it, let wikipedia tell you why stakenet has no chance: https://en.wikipedia.org/wiki/First-mover_advantage

>> No.22677416

>>22677363
Stakenet actually HAS first mover advantage, you absolute retard, lmao

>> No.22677552

>>22677363
Retard. Stakenet is first.

>> No.22677733

farming shitcoins is where the money is at, uniswap is king, show me how to farm shitcoins with Stakenet RN

>> No.22677773

>>22677363
Taking into consideration the work that XSN has already accomplished on LN and Raiden - years of work.. What would be more the more sensible investment here?
Working ecosystems that are already built, or the promise of one eventually?

>> No.22678253

>>22677363
who is first mover in your estimation? where is your money going?

>> No.22678714

>>22677363
what a retard kek

>> No.22678776

>>22675796
I'd consider buying this but never used any of the exchanges it's listed on. Why is it on 3 literal who exchanges and that's it?

>> No.22678882
File: 41 KB, 470x470, haha.jpg [View same] [iqdb] [saucenao] [google]
22678882

>>22677733
>skips the x100 so he can farm curry scams
ngmi

>> No.22678907

>>22675796
I think stakenet is gay

>> No.22678979

>>22675796
This shitcoin is down 80% from ATH it's literally WORTHLESS.

>> No.22679485

>>22678907
you sir are the big gay, perhaps the biggest gay on this thread.

>> No.22680383

>>22678979
Unbased low IQ cope ngmi

XSN $100 2021

>> No.22680696

>>22680383
>you had 2 years
Coin remained worthless in 2 years and will remain worthless for another 2 years. Fuck you, even your cloud is a scam, we were still paying for the MN hosting despite the VPNs were down. I sold all my masternodes and bought 6k UNI.

>> No.22680712
File: 26 KB, 332x1024, 1596874209186.jpg [View same] [iqdb] [saucenao] [google]
22680712

>>22675796
>not even $1
>will blame this on BTC
HAHAHAHAHHAHAHAHAHAHAH

>> No.22681052

>>22676133
Bought 15MN at $0.05 comfy as fuck.

>> No.22681406

Stakenet is building an ecosystem ,the DEX is just one part of that.

>> No.22681633

>>22680696
Yeah cause every coin goes big in 2 years or its failed lmao

>> No.22681669

>>22675796
>n00b00nt00
arch, gentoo or bust

>> No.22681782

>>22675796
Yeah but where do I even buy it? Spoonfeed me plz

>> No.22682000

>>22677363
>>22677416
lol that guy, wtf.. indeed stakenet is the first doing this shit...

>> No.22682047

>>22675796
Listen, the only reason stakenet generals got juicy again was Scott from Statera, he put xsn into the crypto blue chip pool, his arguments for undervaluation were sharp and on point. Statera is the only reason I secured myself 5 MN without knowing to much about it. Whats the make it stack with stakenet. 10 MN?

>> No.22682465

>>22677733
*flipping

>> No.22682653

>>22682047
1 MN is the make it stack.

>> No.22683098

>>22675796
here is the thing, I don't like the fact that the dev made this video
it's like he's showing off.. but what he has in that video is nothing to be proud about
if the site would be available for everyone and would work it would be huge
but it's not
so I can't recommend I investing into the project, it makes no sense and the risk is too high

>> No.22683115

>>22682653
Cant be true, supply to high.

>> No.22683194

>>22683098
dumb post, it's working on linux and being ported. Glad you're not buying xsn pajeet

>> No.22683263

>>22683098
It's not a website brown id

>> No.22683302

>>22682653
1mn is suicide
3 is make it
10 is fuck you money.

Ofc there's a variation of 10 make it and 50 fuck you but that's just a meme

>> No.22683329

>>22675796
OP address this >>22680712
Right now you can't, your shit coin can't handle any big movements from BTC its a shit coin thats it. No one outside of the discord uses it and even then thats a stretch.

>> No.22683583

>>22683329
nobody knows what you're trying to say you smelly turkroach

>> No.22684033

>>22683194
>>22683263
why is it not a web based exchange
we've all seen what happened with standalone exchanges

>> No.22684116

>>22684033
Because hosting a web app is highly centralized. It's very easy to take those servers down - but eradicating a zip file is practically impossible.

>> No.22684223

>>22684116
good point, but that will keep it from taking off

>> No.22684467

>>22675796
does the team have plans to step up advertising/get on larger exchanges once raiden comes out? volume isn't going to magically appear on the dex

>> No.22684553

>>22684223
No it won't. People download bullshit without a second though these days. Tik tok/zoom chinese spyware. Windows microsoft spyware. And every other fucking program out there. XSN is extremely lightweight so people will download.

>> No.22685555

>>22684223
I see your point, but when you DYOR you see that Stakenet is so far ahead as a package than any other single project that this is a bit of a non-issue - the products will be worth the slight weirdness of it not being a web app, and the app itself is pretty comfy anyways.

>> No.22686105

WE STABLE COIN NOW

>> No.22686111

>>22685555
it definitely looks comfy, but as long as it's still not out I'm not buying anything

>> No.22686129

>>22685555
>>22686111
Checked. Typically you invest in something before they complete what they are doing.

>> No.22686479

>>22686129
or when no one knows about it
I know two solid projects with working products, only reason they aren't in the top 50 is because no one knows about them
those are your best bet to actually making it

if you invest in a unfinished product make sure the people who say they can do it actually have the experience to back it up

not shit like sta and similar bullshit

>> No.22686712

>>22686479
Its a fair strategy, but of course the risk reward is higher for unfinished projects. Being in the discord and seeing how the devs behave themselves and talk with members including myself has given me a lot of faith in them.

>> No.22687152

>>22686712
>the risk reward is higher
stake has a 20m mc
my pick has half of that, so the risk is lower and the reward higher
not trying to fud, I'd love for stake to succeed

>> No.22687418

is anyone here in the linux test goup. i have limited knowledge of linux so i don't know how intensive it is, but i'm going to ask a friend of mine to go in and test it. just because i have a feeling they're not showing the whole procedure for a reason. the webm in op show the very end steps. why isn't there a video of sending the eth onto raiden etc. that's my only gripe with xsn at this point.

>> No.22687921

>>22684467
yes. expectation is full live release once raiden is in place, and marketing/trade promotions to go with it.

>> No.22687954

>>22687152
That's not really how it works - your pick will never pump if no one ever hears about it, so you have to factor that in. What is it by the way?

>> No.22688015

>>22687418
>literally can't believe how advanced this project is
I sense a buyer.

>> No.22688098
File: 344 KB, 1440x1673, Screenshot_20200921-094409_Chrome.jpg [View same] [iqdb] [saucenao] [google]
22688098

>>22676699
Checked

>> No.22688165

>>22687954
prq and assblaser's second pick

>> No.22688308

>>22688165
what the fuck is assblaser, anon?

>> No.22688348

>>22688308
newfags get the rope
dyor lurk more ngmi

>> No.22688352

>>22688308
Newfag

>> No.22688482

>>22676133
Good quality shill, might actually buy

>> No.22688729

>>22688348
no :)

>> No.22689356

>>22688352
boomer

>> No.22690070

>>22683098
>>22687418
>dev
Last I heard, there were at least 2 dozen testers in the private Raiden group. Probably more than that.
>>22683329
XSN was 600 sat 3 months ago. It broke out for weeks and hit 4750 - pulling an almost 8x. Its been holding mostly between 1.8k-2.2k sat lately. It will more than likely break 5k sat and test upwards of 8k sat the next time it rallies. All in all, it has traded exceptionally well against Bitcoin these past few months.
>>22688308
I was led to believe it is a romhack of the Sunsoft classic 'Blaster Master' done by a mysterious coder named Serg Ayy

>> No.22690175

>>22675796
>Stakenet has quietly had a major impact on the industry
Prove yourself right. Some numbers on adoption please.

>> No.22690653

>>22690175
I can't wait to talk about Stakenet's biggest fud, its current adoption, after my stack has 5x'd.

>> No.22690762

>>22690175
>>22677208
Addressed here. I'd like to add that outside of Stakenet DEX, there is virtually 0 adoption of Lightning Network for atomic swaps and that the push for certain ERC tokens to become interoperable with Raiden mostly came weeks if not months after X9 and Raiden were working together.
The private testing room for the LN wallet started out with only a handful of testers. Less than 10 would not be surprising. By the week before Stakenet DEX went into open beta, there were at least 200 in the private test with many more asking to join. It essentially got too big to be private.
As it gets more usable and convenient, considerably more will adopt it.