/biz/ - Business & Finance

>>24586377
I've held bags of ARK and OMG for so long that I know that XSN is just another bag. The blockchain will solve the connection problem by itself and you don't need any connectivity coins (i.e. WBTC on Ethereum and the other two already are Ethereum Token, so who the fuck needs XSN) All of the big three coins are already connected and even if Kleros actually becomes a thing and is needed it's also already integrated so who the fuck needs coins who have the sole purpose of connecting them.

>>24586377
>So what's the verdict on XSN?
centralized shitcoin

>>24586377
>>24586577
Wew

the year 2025

this list is now 50 problems and no end in sight

blockchain seems to create more problems than we knew existed

>>24586690
There really is only one problem and one solution. Regarding money nobody can be trusted and blockchain works without trust

>>24586690
The year is 2020

The list stops at chainlink

Blockchain is literally more important than electicity

>>24586491
Enjoy your wrapped garbage, and centralised point of failure. Lmao

>>24586491
>>24586577
checked for being retarded
xsn is not centralized and wrapped assets on ETH will be slow and expensive as fuck to swap

xsn is a scam.

>>24588540
Price bleeding to 0 as devs sell all they can and abandon the project. Sell now if you have this garbage, cut your losses

>>24588540
>>24588697
gay

Reminder that fudders get the rope.

>>24588697
Seems to be climbing again :)

>>24589244
Checked, why do you think fudders are so desperate lately?

>>24587310
>>24587697

Just like DEXes replaced CEXes the wrapped coin economy can easily be decentralized too. And even if not, atomic swaps are a thing too.
Explain how XSN is needed.

>>24589329
It's not about wrapped assets being decentralized so much as it is about L1 BTC being painfully slow, LN BTC being a mess on its own, damn near every other DEX project being a L1-based ERC token when Uniswap showed how poorly equipped ETH is for running a DEX.
XSN's infrastructure is perfectly geared for making L2 easy, restoring BTC's essence as P2P cash, and offsetting burdesome tx from L1 BTC (increasingly ideal for large tx) and ETH so that it doesnt cost $50 and take 12 hrs to send $100 in funds. Add to that, XSN's core essence is in hosting a profitable MN network and DEX - inviting anyone to use its infrastructure without having to buy any XSN itself. Why else do you think it took Uniswap and so many others til late 2020 to realize they needed an L2 solution to stay relevant? They all want to have what XSN has been building but they were far too late.

>>24589523
fees will kill crypto, xsn as L2 is key.

>>24586377
I mean XRP, Polkadot and cosmost kinda already do this. those seem more trusty imo. i already got soo many shitcoin gamble bags. cant do anymore

>>24589869
No they dont, none of those projects can do lightning swaps.

>>24589869
Eliminate L1 atomic swaps and centralized custodial services and XSN is basically the only thing standing

>>24589774
>what are channel opening and rental fees???
XSN misinformation at full throttle on biz. It’s a scam.

>>24590073
We both know this is being worked on by X9 and improving with time, and WILL be the cheapest option for transactions before long.

>>24590073
>doing 1 on-chain tx is somehow worse than doing an on-chain tx everytime you trade $15 of some defi token when the blockchain is clogged to all hell
kek. ok