/biz/ - Business & Finance

>>24589154
XSN is not a scam btw

DEVS already exit scammed a project called PoSW.

Do not be led into this. This is their second attempt at creating bag holders.

They claim to be a Blockchain with several DAPPS that will be developed on it.

However, Stakenet blockchain is built on UTXO technology, the same tech that DASH and BTC is built on, meaning it can not support smart contracts or EVM compatible tokens.

Right now the Stakenet devs operate three separate lightning nodes. They operate one with BTC, one with LTC, and one with XSN.

You cannot run XSN on BTC lightning or BTC on XSN lightning. It is not possible.

The way it works is when you do a swap with BTC for LTC for example, your fee is in BTC. What they are doing is creating a "wallet" IE not a liquidity hub for ERC-20 tokens and are attempting to utilize offchain technology to do token swaps.

ERC-20 tokens are incompatible with UTXO blockchains, so there is not interaction with XSN unless a swap is performed for XSN for another token. Other than that, there is 0 UTILITY. So ask yourself, why would you hold XSN token if the ONLY utility is used for swaps for one asset for another.

You don't require XSN to use their wallet and instead can have any asset, (assuming they create their DEX), so it makes no sense to hold XSN.

Developers who scammed those in PoSW are claiming that those who run Masternodes, will have so-called liquidity hubs. This is SIMPLY not possible unless liquidity is held in XSN. Do your research. Furthermore, they use a governance protocol in which they hold many masternodes to vote to fund themselves from the treasury to fund their operations.

However, this code is not open sourced and has never been audited. There is no record of what is being done. Remember, these same developers were responsible for the PoSW coin. Do your research before you give these scammers money. XSN coin has NO value.

Look at PoSW, people lost a lot of money, sad!
https://coinmarketcap.com/currencies/posw-coin/
http://posw.io

>>24589221

>>24589310
absolutely bullish :D
XSN $100 2021

>>24589355
Until then i enjoy that delicious mn rewards.

>>24589474
nice
some of us can say we told biz to buy at 3 cents. we actually want anons to make it

>>24589551
This. I managed to get nodes for $500 at one point

>>24589880
good deal
i think my best was about $700
even then fudders were absolutely frothing at the mouth
>h-how DARE you make light of the covid pandemic to shill your bags
kek

>>24590047
Kek, wish I had more funds back in march, shit was too fucking good.

>>24589154
Coin is not needed.

You can't build any DAPPS on this tech.

There is no reason to by the coin. It's yet again another exit scam by the devs who are relentless pumping this pile of shit.

I've never seen a project like this before where the devs are so willing to do anything to pump the price. Most competent teams would be advised by their legal teams to not do this, but not these scammers.

I guess they think they can keep getting away with stealing people's money.

>>24590724
debunked/sweaty

>>24590724
lmao retard alert

>>24590784
It's NOT DEBUNKED.

Explain in DETAIL how the COIN is needed. You HAVE NO IDEA how this TECH WORKS.

You want to know what DAPPS you can build????

LOOK AT DASH. LOL!!!!

You can build JUNK FUCKING WALLETS THAT NOBODY USES.

THAT'S IT!!!!!

IT's a UTXO BLOCKCHAIN!!!

Can it run smart contracts????

NO!!!!

So explain in detail how the coin has any value.

>>24590930
stakenet in the business of connecting blockchains. Eth already does smart contracts well. xsn doesnt need to build dapps. It will exist alongside eth providing valuable infastructure

>>24590954
LOL.

So how in the FUCK does the COIN have ANY VALUE???

Don't you understand, it's NOT USED FOR ANYTHING. Just another DEV EXIT SCAM.

EXIT SCAM #2 for them THAT WE KNOW ABOUT.

PoSW was at least ONE of the exit scams.

>>24591075
How does bitcoin have any value?

xsn = bitcoin with the best pos mechanism. That alone motivates its use as a currency.

But that alone would not be sufficient to give it significant value. That is where the vision of connecting blockchains comes in. Xsn may well becomes the standard dex/mechanism for L2 off chain, instant, essentially feeless transactions. As the dex is run on masternodes which receive payments in xsn, this gives the coin value. People will want to stake/run nodes, this drives the price up. Then xsn becomes a currency in itself.

>>24591075
How do you have any value as a human being/ape?
Prove why you shouldn't be slaughtered like a rabid animal.

>>24591075
How’s POSW an exit scam when they coin swapped all POSW to XSN lol

Aralık ayı Yönetim & Oylama süreci başladı!

Masternode sahipleri blockchain yönetim platformumuzu kullanarak oy verebilirler.

>>24591290
This is not possible.

This assumes that the blockchain can run smart contract logic.

Again, YOU CAN'T RUN SMART CONTRACT logic on UTXO blockchains.

It's NOT POSSIBLE.

That's why ethereum was created. Are you NEW to crypto???

Have you never heard of Ethereum???

LOL

>>24589154
Why don't you 'investors' straight up ASK the devs to explain how XSN has any value. Have them explain in DETAIL how XSN token is utilized in the DEX.

Ask them how it can 'referee' anything without running smart contract logic.

Ask them if you have a wallet with an ERC-20 token and you want trade for another token that is not XSN, how the fuck does XSN come into play?

Ask them real fucking questions. You may not like the answers. Is that why you're afraid?

Ask them to explain liquidity hubs more in detail. What fucking liquidity hubs? What tokens are in the so-called liquidity hubs.

They talked about liquidity mining...but that requires smart contract logic. You can't fucking do that on a UTXO blockchain.

Ask them hard questions. Stop dreaming.

>>24592729
Also ask them what DAPPS they anticipate running on Stakenet blockchain.

For anyone that wants to know what DAPPS are capable, look at DASH dapps.

That's it.

>>24592867
What is your opinion regarding RGB?

That brings Smartcontracts and L2 only tokens on top of lightning.

As the future is real L2.
Wouldn’t it just make sense to use also Smartcontracts and tokens on L2?

https://rgb-org.github.io/

>>24593173
You shouldn't ask me anything. You're the one with skin in the game. Ask the DEVS.

Let them provide you with answers and you fact check those answers.

I can't believe nobody has asked them to break down their token incentive model so a 5 year old could understand it.

If they want to add something theoretical that has not yet been created, then that's their prerogative, and it's up to you as investor if you want to bet on things that may or may not be possible.

But at the end of the day the MOST IMPORTANT part to investors is the token utility of XSN. I would ask them every hard question you can think of and don't ask them leading questions.

>>24593173
But if you want some insight into your question, look at their github.

It's basically dead.

>>24590724
>>24590930
>>24591075
>>24592625
>>24592729
>>24592867
>>24593319
>>24593384

Schizo fudder. XSN is living in your head RENT FREE.

>>24593593
Developers already scammed people once.

The community is supposed to be vigilant against scams.

I'm sorry if you don't feel that way, but we each have different values that we live by. I don't want people to get scammed again.

>>24593631
They have never scammed before, take your meds before the visual hallucinations begin Schizo

>>24593384
I know very well what token incentive my investment has. Thank you :‘)

Here is a live presentation of rgb (4days ago)

https://twitter.com/pandoracoreag/status/1334161804239523841?s=21

So i assume it is not deaded right? ;)

I recommend to check other points to fud if you really like to do thst, because yours are very weak.

I have some buyorders too in the higher 500 range and even some on 150 on beaxy (book is thin af) in hope a fag dumps on me.

But fud is not the way real men go.
Just my 2c

>>24593761
LOL. The beauty about open source code is that you're free to inspect it yourself.

Look at their gibhub if you want to see the development. I can tell you that it 'might' be possible what they are trying to do, but it WILL NOT be them that does it.

Either way, what does any of this have to do with XSN???

Are you telling me that you're basing your entire investment about some protocol upgrade that will not work???

See, the difference between you and me is that I don't give a shit about videos or any of that bullshit.

Show me the code.

But wait...XSN doesn't do that. They are a closed source unaudited piece of shit.

You have NO idea what the token incentive model is.

Explain it to me in full detail.

>>24593761
Or better yet, STOP being SCARED and ask them to break down the token utility model that a 5 year old can understand.

Then you can come back and destroy everything I said.

Why are you so scared? Are you that afraid of the answers????

>>24593867
XSN blockchain is open source

>>24593867
Haha :D
What a waste of time.
Well i share this vid with you in hope you understand:

https://youtu.be/sXj3_qKSUBk


Did you use the Dex?

>>24593957
WRONG.

Lol

Closed source unaudited piece of shit.

I already know how a UTXO blockchain works. What about the DEX?

LOL

Stop lying to people. Is the code for the DEX open source?

YES or NO

Alright then. LOL

>>24593984
I don't give a shit about that video. I don't see any smart contract logic being executed on BTC.

The github is dead. What are you even talking about?

I can't help you with your delusions. Are you part of the team? Is that why you're so resistant to asking the team hard questions?

If you're so confident, ask them to break the token utility model down so you can come back and destroy "FUDDERS" or aka TRUTH TELLERS.

What is so hard about that? I don't get it. Do you want to live in your delusions????

>>24593984
Dr. Maxim Orlovsky dr-orlovsky
Researcher, engineer, transhumanist. RGB protocol lead dev. #LNP/BP, #AI, #BICA, #NCI // MD, PhD (Neuroscience)

>>24594009
Haha :D you smart investor.

Would you audit a unfinished product?
Would you?

Would you open source all your work from years that someone with more money and power can copy then and give you the rope after?

Just tell me:
Would you?

>>24594009
LMAO denying facts now?
>XSN Blockchain is open source.
https://github.com/X9Developers/XSN
>WRONG LOL AHAHA LOL. LMAO. LOL YES OR NO LOL?
The blockchain is open source, the blockchain is closed source till it is released.
The github receives commits every month or so. It's not dead. You are not a 'TRUTH TELLER'. You are not even worth wasting time on.
If you matched your own standards you set for others in debate you might be something more than a larpy faggot shitposting fud on biz.

>>24594189
Why are you lying????

You're buddy up above just said it's closed source (WHICH IT IS).

The DEVS are being misleading in their medium post, just like they are with everything else.

>>24594281
The dex is closed source.
Blockchain is open source.
And im just a Investor like you.

You didn’t respond to my question above:


Now again:
Would you?

Yakında çıkacak olan "simple swap UI" özelliğimizin ilk sürümünü bu hafta sonu kapalı beta test grubumuza (~ 30 üye) sunduk.
Herkes için adım adım kullanıcı arayüzümüzü ve @lightning network’ü geliştirmeye devam edeceğiz.

>>24594281
>Attaches Github repo
>THAT'S CLOSED SOURCE EVENTHOUGH IT'S PUBLICALLY VISIBLE REEEEEEEEEEEEEEEEEEEEEE

>>24592729
you're an actual retard

>>24593384
another retard right here

>>24593631
another retard

>>24593900
congratulations retard, by your own question you have less IQ than a 5 year old

>>24594009
Waiting on the answer here from our truthteller.

Hard question?

oh wow all IDs are replies to the same MEGA RETARD who is heavily invested in this project

>>24594876
You won’t get one. Anon is desperate to lower the price hence the incessant fudding with copypastas for the last few days, or is absolutely schizophrenic and delusional. Either way it’s a bit tragic.

>>24594580
>PUBLICALLY
your average XSN investor.

XSN CORE GELİŞTİRME GÜNCELLEMESİ 13 EKİM | Bu yazıda:

1- Yeni özellikleri test etmek için topluluk testlerimizi tekrar başlatıyoruz
2- Core ve Light cüzdanların yeni versiyonları
3- Mevcut hedefler ve ilermeler ile ilgili güncellemeler
ve fazlası

Eğer MNaaS ile masternode kurduysanız, serverdaki cüzdanlar güncellendiği için, bilgisayarınızdaki cüzdanı güncellemeniz yeterlidir

Just remember that SSUI is coming with v 4.0.4. Does anyone know what the current version is?!

>>24595024
I think you will find that publically is a lesser used nonstandard spelling but accepted spelling variant of the word publicly.
https://www.collinsdictionary.com/dictionary/english/publically

>>24595165
muh nonstandard variants. degenerate nig-nog.

Soon

>>24593867
It’s very simple, they have been doing public demos and executing swaps on L2 using their hub architecture

The hub architecture directly is connected to how the blockchain will tie in (a referee and monitor policing the hubs and punishing bad actors)

It’s simple and easy to understand, and the team is clear about it. The lengths you have been going to FUD here is really something else