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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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26754839 No.26754839 [Reply] [Original]

Masternode Owners Shall Inherit The Earth Edition

>What is Stakenet(XSN)?
https://pastebin.com/jiMdEAN8

>Whats the easiest way to set up a Masternode?
https://www.youtube.com/watch?v=x9_YdU8vWrU

>Official Site
https://stakenet.io/

>Whitepaper
https://stakenet.io/Stakenet_Whitepaper.pdf

>Lightpaper
https://medium.com/stakenet/stakenet-light-paper-56552f8c07a2

>Developer updates
https://medium.com/stakenet

>Latest Development Update
https://medium.com/stakenet/xsn-core-update-jan-2021-1f2b1f585b58

>Hardware Wallet Cold Staking
https://medium.com/stakenet/trezor-tpos-guide-fb9ea90382fd

>Additional reading

>Quick rundown
https://medium.com/stakenet/multi-currency-wallet-and-lightning-swaps-stakenet-solution-7d0dafe99105
>X9's contributions to LTC
https://medium.com/stakenet/litecoin-foundation-and-x9-developers-announce-collaboration-510ca985b6
>Exertive Proof of Stake
https://medium.com/stakenet/exertive-proof-of-stake-epos-4a999807f9e4
>Great write-up of Cross Chain Proof of Stake (i.e. stake XSN, receive BTC)
https://medium.com/stakenet/posw-weekly-ccpos-cross-chain-proof-of-stake-de1ac87055cd
>The Cypherpunk Standard of Banking
https://medium.com/altcoin-magazine/the-cypherpunk-standard-of-banking-88f84a834180
>Ethereum Scalability Solutions, Connext and Stakenet | XSN Research Scalability Solutions
https://medium.com/stakenet/ethereum-scalability-solutions-connext-and-stakenet-xsn-research-4edb29267bb6

>NEW: updated masternode fee structure
https://medium.com/stakenet/hydra-dex-network-upgrade-proposal-4b00a3a3fb8

>> No.26755534

Lets get this out of the way as well.

>Rugpull on LiveCoin
>Exit scam PoSW
A CEX fucked the stakenet team and deligitimized their product, they decided to build a DEX with as close to CEX speed & fees as possible, so that this thing doesn't ever have to happen to anyone else.

>Fork of dash, fork of btc
Humans stand on the shoulders of giants, we pass down knowledge and grow as a group. Information Theory is a fork of Calculus, which is a fork of Complex Math, which is a fork of addition, which is a fork of counting how much copper you are selling to your byzantine neighbor, 3000 year old tech.
Facebook is a fork of react, which is a fork of JS, 18 year old tech

>L1 in 2021
Its L2, which means no gas fees, instant trades, less importance on delayed contracts

>Dumped 320k xsn without a vote
They did vote, every xsn in the treasury is there by approval, its a slush fund for this exact purpose. The dump? last week was <5% of today's trade volume, and was provided to the liquidity pool. Is staking in Uniswap's liquidity pool a dump?


Thats the standard fud, but what else?
> Always your keys, always your coin, always your money
> Working with BTC / USDT to pull millions in usd through the network and generate rewards
> Crosschain, no more wrapped btc, no yahoo btc. No barrier to entry for normies to pump your coin.
> Any trade on the network generates staking rewards.
> Auto staking just for owning the coins
> Ultra-staking for masternodes
> Swing trading? Instant trades, aggregated huge liquidity pools, no gas, less slippage, swings are profitable on 3% diff instead of 8%, less risk
> Private trades, no kyc, trustless

>> No.26755905
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26755905

>>26755534
Absolutely based.

I'm more bullish now than I've ever been.

>On the doorstep of release
>Official masternode fee estimates means a single masternode is a make it stack
>Bitfinex deal practically confirmed

We are going to fucking make it.

>> No.26756823

>>26755905
FUUUCK!! If this DEX truly takes off, anyone with a node will be swimming in money.
This smells like they next LINK, in terms of upside potential.
Only hold 10k coins, I'll definitely accumulate the remaining 5k asap before this beast takes off.

>> No.26757234

How is this better than Uniswap? Lol

>> No.26757450

>>26757234
it isn't. it's a POSW SCAM. Fork of DASH that can't even run evms.

>> No.26758033

The Monero of defi. This is absolutely going to blow the fuck up. Glad the liquidity hub stuff got sorted out, we will be trading anonymously on the DEX very soon

>> No.26758055
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26758055

Buy orders piling up, but nobody's selling.. Why?

Because it's severely undervalued, and everyone wants these life changing passive income fees from the best DEX on the market.

Instant trading, no fees. This is gonna moon so hard you guys have no idea, lol

>> No.26758534
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26758534

>>26754839
Bump, the devs BTFO'd fresh fud in less than a week. I'm glad the fudders did it so I could accumulate more at dirt cheap prices.

>> No.26758716

>>26757450
Calculus is just a fork of algebra, why would I even need calculus when I can multiply and do long division just fine.

All things are built upon what existed before.
A computer is a fork of a mechanical calculator
A laptop is a fork of a desktop pc
English is just a fork of German with some french and italian sprinkled on it

If you don't understand why being a fork of DASH isn't a problem, then you won't ever be able to understand any coins value will rise, and the crypto world in general is out of your grasp

>> No.26758932
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26758932

>>26757234
>>26757450
FRIENDLY WARNING TO ALL NEWFAGS

there has been an endless FUD campaign waged against XSN for years now. If you search the archives, you will see the same tired, baseless arguments copy and pasted again and again.

Stakenet (XSN) has now been listed on a tier 1 exchange, bitfinex. The 5th largest crypto exchange. These top exchanges have to perform a huge amount of due diligence and thorough research on any coin that wishes to get listed. Only if the coin meets their thorough criteria will they risk listing it.

In the case of bitfinex, owned by iFinex (the parent company of bitfinex and Tether), they are enormous influence on the crypto economy and under much scrutiny by law enforcement across the world as regulations tighten and governments look to restrict access to cryptocurrency. Bitfinex wouldn't risk listing anything even potentially worthy of litigation.

tldr; all FUD has been rendered obsolete by the bitfinex listing, you are being scammed by XSN whales who are trying to keep new investors out and suppress the price

>> No.26759379

>>26757234
Existing DEX's like UNI are mostly on the Ethereum blockchain and as such you can ONLY trade ERC-20 tokens. this is a problem because a) it restricts you to just ethereum and you cant seemlessly trade between ERC-20 and the other biggest blockchain BTC, and b) because theres so much trading occuring on these ERC-20 DEX's now the network is congested and you have to pay higher and higher fee's for every trade.

Stakenet DEX wanted to build a DEX where just like a CEX like binance, you can trade between ANY blockchain. It's an ambitious projects and its taken them a few years, but it looks like its nearly here.

If they succeed it will revolutionise crypto because for the first time ever you exchange between separate blockchains in a decentralised way. we can get rid of centralised exchanges and be our own banks.

>> No.26759419
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26759419

>30 cents broken.

How long are you gonna wait anon? The vast majority of people around here will be priced out soon enough. This project could EASILY replace Uniswap, since the DEX is way more user friendly to use (especially with the low fees, and instant transactions).

The same marketcap as UNI, would mean $30 XSN.

>100x from the current price.

If you sleep on this one, you're gonna regret it, guaranteed.

Don't buy based on the shills here, do your own research, and you'll realize how fucking HUGE this project is gonna be.

>> No.26759688

MASTERNODE FEE STRUCTURE UPDATED

WE NEED TO REMAKE THE WAGEKEKING GRAPHICS

y = 45 - 0.0225x
z = 90 - y
where:
x = daily volume of the DEX in million dollars.
y = % share of the Masternodes Hosts from trading fees.
z = % share of the OLP’s from trading fees.

To clarify, below are some rough estimations of what one Masternode Host could earn daily from DEX trading fees (estimated at a 2800 MN count of all running the DEX):
$1M daily volume, average daily fees to 1 MN ~ $0.40 (45%)
$10M daily volume, average daily fees to 1 MN ~ $3.99 (44.78%)
$200M daily volume, average daily fees to 1 MN ~ $72.32 (40.5%)
$400M daily volume, average daily fees to 1 MN ~ $128.57 (36%)
$800M daily volume, average daily fees to 1 MN ~ $192.85 (27%)
$1B daily volume, average daily fees to 1 MN ~ $200.89 (22.5%)

https://medium.com/stakenet/hydra-dex-network-upgrade-proposal-4b00a3a3fb8

>> No.26759906

At a conservative 200m daily volume, you would be doing 72.32 usd daily. 2169 monthly. One masternode costs right now 0.15 btc. If you want to be a XSN Jugend you better buy that masternode.

XSN Afrika Korps: less than 1 masternode
XSN Jugend: 1 masternode
XSN Storm trooper: 2 masternodes
XSN SS: 3 masternodes
XSN Gestapo: 5 masternodes
XSN Fuhrer: 10 masternodes

XSN lampshade: 0 xsn

>> No.26760007

>>26759688
And on TOP of that comes block rewards.
This is gonna be like printing your own fucking money on complete autopilot!

There's gonna be more income streams from other dApps in the future.

Anything under $1/coin is a fucking steal.

>> No.26760272

Nobody remembers the masternodes of 2017/2017

>> No.26760470

Its actually looking like a good day for XSN, the tides have begun to turn

>> No.26760494

Note to newfags: this is one of the only real projects on this board that you can get in at ground floor. Read the posts and do your research. XSN is undeniable and it is inevitable

>> No.26760905
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26760905

>he fell for the FUD

Wew lad

>> No.26760920

Finally got my MN setup and going bros. We are all gonna make it.

>> No.26761054
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26761054

>>26760920
Welcome aboard.

>> No.26761297 [DELETED] 

>>26761054
Thats the old graphic retard.

>> No.26761444

>>26761297
Those are BLOCK REWARDS and they are still accurate

>> No.26761725
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26761725

>>26760920
You are gonna make it.

>> No.26761809
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26761809

>>26754839
Guys just wanted to let you all know.
I bought in to this project in 2019 at $0.13. Loved the idea, at the time it was pretty unique. Was so excited for Raiden.
Then 2020 came... and wait Raiden doesn't even work? What have they been doing this whole time? Okay... well I guess on to the next solution...
And then 2021 came... and RUNE... and UNI... and SUSHI... and still no update from XSN...
But boys when that Biftinex announcement came through, I knew the pump would come. And it did. And I dumped my bags on all of you between $0.60-$0.80.
And I just want to say to all you believers, all of you who called the legit criticism that after YEARS XSN has yet to achieve fucking ANYTHING while other projects like RUNE are eating their lunch, I just want to say
>thanks for playing
>enjoy the bags

>> No.26762375

>>26761809
Im here since posw and Im never selling.

>> No.26763101

>>26761809
>Implying Bitfinex listed a dead project
>Implying huge developments and innovations haven't been made and launch is right around the corner
>He sold his grandchildrens birthright for a measly 5x
>His FUD won't stick so he has to larp as a bitter former stakeholder

Added to the collage of anons who inevitably commited suicide.

>> No.26763501
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26763501

>>26761809
What part of Bitfinex listing makes all FUD obsolete don't you niggers understand?

$100 EOY

>> No.26764352
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26764352

(X) I know DEFI is the entire purpose of crypto. Its why btc was created. So we can be our own bank.

(X) I know BTC did not succeed because it didn't scale and for btc to succeed now it requires lightning network. For similar reasons, I know for eth to succeed, connext is required.

(X) I know a DEX with atomic swaps is too slow to be commercially feasible. A lightning and connext dex is required.

(X) I know people are fearful of trading on CEX due to situations like Cryptopia and Quadriga.

(X) I know XSN is the only project with a true dex integrating lightning and connext. It will allow people to trade peer to peer directly from their computer. They always hold their coin. Never transfer to an exchange.

(X) I know XSN has an actual working product available for public beta testing, and full launch date being announced this month

(X) I know XSN is not a project that talks. They just do. I don't have to worry about an exit scam.

(X) I know XSN masternodes will process transactions on the dex and will receive the fees.

If all of the above are true, FUDers will be swinging from lamp posts and Stakeholders will be sailing into the sunset on superyachts.

>> No.26765224

This is my biggest hodl and ive gone back and forth on whether i think its a scam or vaporware.. but im holding til hydra no matter what. If shit works out 1 mn is a make it stack. Trade fees and block rewards and channel fees will add up to a hell of a nice income..

>> No.26765487

Been in the Discord server for a while now, and have never seen so much optimism, and activity before on such a low cap coin as this, even beats most of the bigger caps ones like DASH.

I've got no doubt that this will fly off one day. Had a lot of worries after seeing the constant FUD here, so decided to ask a few questions I had RE the project, and got my answers pretty quickly.
Whoever it is fudding this project on the daily, is doing so for a reason.
Ignore whatever he says, as he's trying to buy in lower.

>> No.26765662

>>26765487
I don’t hit up the discord anymore but those fucks better shill this shit to high heaven when hydra comes, we fucking deserve it after enduring the long campaigns of various shitcoins, past and present

>> No.26766849

>>26765224
You think bitfinex listed a fucking scam? The FUD is getting to you anon. You have to be rational about all of this or you will cuck yourself out of the chance of a lifetime. TRUST ME. I've done it before, and it something you NEVER want to experience. Right now Stakenet is an asymmetrical bet. You could lose all of your money(unlikely), or multiply it over 100 times(likely). I think you know what to do.

>>26765487
>>26765662
Remember Chainlink? We had no contact from Devs for months on end, radio silence. No hype, no nothing. And then, one day, the fruits of their labour came to light and the investors were rewarded. It may have looked like it just 'happened' overnight but we know it didn't. The exact same thing is happening right now to Stakenet.

>> No.26766855

>>26765662
Well you should, quite an impressive community desu

>> No.26767178

>>26758033
>>26758055
>>26759688
>>26761444
>>26766855
Checked.

>> No.26767375
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26767375

Friendly reminder.

>> No.26767464
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26767464

>>26755534
S-s-scam???

>> No.26767565
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26767565

>>26767375
Pic related needs to be added. Also devs confirmed they will bootstrap volume/liquidity for launch.

>> No.26767906
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26767906

>>26766849
Once you see something with potential, act on it. I knew early on that LINK would be a massive player, since nobody else was doing what they planned to do.

It's the exact same thing with XSN.
Same scenario, if you sleep on this one, you'll be justed in a few years, guaranteed.

>Pic related

>> No.26767914

>>26767565
Holy FUCK I missed this!? I just checked the discord it's fucking legit. I bet Yankee was the /biz/ leaker... CONFIRMED.

>> No.26769394

>>26766849
Yeah, when XSN blows up every anon here will agonize over why they never got into it. More things change, more they stay the same.

>>26766855
Will do.

>> No.26769668

>>26769394
I can't believe it's not the official /biz/ coin. It has everything going for it. It's the ultimate tool to topple '''them'''.

>> No.26769974

>>26767914
kek

>> No.26770150

So why would anyone use this instead of Uniswap?

>> No.26770280

>>26770150
They won't. it's a POSW SCAM. Fork of DASH that can't even run evms. The dex is vaporware.

>> No.26770532

>>26770280
If it's a scam why is it on bitfinex? I thought the big exchanges aren't allowed to list scams

>> No.26770965

>>26770150
Stakenet DEX directly bridges Bitcoin and Ethereum and Lightning swaps are instant and very cheap when compared to onchain atomic swaps.
With the current model proposed, makers are given a lot of incentive to provide liquidity as they pay no fees themselves and directly profit from DEX volume. Takers only pay a 0.25% fee.
This has a lot of potential.

>> No.26771081

>>26770965
>This has a lot of potential.
Yea if it wasn't a POSW SCAM. Fork of DASH that can't even run evms. The dex is vaporware.

>> No.26771160

>>26770532

He’s seething. The dex is beautiful. 2021 is going to be glorious. FYI dex will be launching with liquidity partners to ensure thicc orderbook. Blast off frens.

>> No.26771405

>>26771081
wtf i hate XSN now
>>26771160
>FYI dex will be launching with liquidity partners to ensure thicc orderbook
XSN/BTC volume has gone up a lot

>> No.26771427

>>26769668

It’s shaping up to be our coin. Do you see the daily fud? If it was a nothing burger why are we rent free in their heads ??? They will continue to fud us at 3X then 5x then 10x.

>> No.26771967

>>26770965
Won't competition steals this?

>> No.26772246

>>26770965
So it's supposed to be cheaper than Uniswap and you can trade BTC? Any other coins?

>>26771081
Yeah but if it's clearly a scam than why did bitfinex list it? It doesn't even have much volume so it's not like they did it for money

>> No.26772394

>>26771967
They've been working on it non stop for 2.5 years, if other devs are going to try and steal it they're already so far behind.

>> No.26772500

>>26772246
Lite coin, Btc, tether, eth and all the erc20 tokens like link. They will work on monero too. Practically all of them.

>> No.26773109
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26773109

Each of the following coins below are layer 1 DEX's with a native currency, or otherwise has a use case that will be rendered obsolete by Stakenet DEX:

UNI $2,000,000,000
SNX $1,850,000,000
SUSHI $850,000,000
LRC $470,000,000
ZRX $405,000,000
KNC $240,000,000
CRV $215,000,000
BNT $178,000,000
1INCH $100,000,000

This is a combined market share of roughly $6,300,000,000. There are many more layer 1 projects, and the real number is much higher.

Stakenet DEX will render all layer 1 DEX's obsolete.

https://streamable.com/kzpimj

And unlike the majority of these shitcoins, Stakenet actually has utility and is required to run the network.

I expect XSN to exceed this valuation by the end of the year. And this is not even taking into account the market share of the existing CEX's that XSN will absorb.

>> No.26773325

>>26771427
>It’s shaping up to be our coin
I thought that was really funny for some reason
>>26771967
Maybe XSN will have a genuine competitor on L2 at some point, but I don't see how anything could catch up with it this cycle.
>>26772246
Any LN-compatible coin is supported. BTC/LTC are the major ones. ETH and ERCs token are natively compatible too.
At this point in time, the DEX itself is almost past beta and into pre-release territory. It is concentrated around a few pairs at the moment. Currently, XSN, BTC, LTC, ETH, wETH, and USDT. Plans to add more ERCs/LN coins and XMR.

>> No.26773570

>>26759419
>32 cents broken.

The charts look healthy, nice steady move up.
Best performing asset in my portfolio

>> No.26774123
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26774123

I can't believe biz is sleeping on this.

Look at what UNI and SNX have achieved in terms of price performance.

Now look at what XSN will be providing in terms of utility to the blockchain. It is immensely more valuable, and scalable.

There is no doubt in my mind that we will surpass their market caps within just a few months of the public DEX release.

In 2+ years the Devs have committed little to no resources towards marketing and getting a major CEX listing. We have seen both in the last few weeks. Why? They have stressed that they will not put any resources towards marketing until the product is ready for public release. That time is now.

Stay strong, remember the value of your investment and don't sell your grandchildrens birthright for a measly 10-20x. We are on the doorstep of a parabolic price acension that few ever get to even witness, let alone partake in.

>> No.26774205

>>26773325

I got nodes. And I got buy orders on .20 and .25. 100x is the minimum look at the fundamentals . A shitty governance coin can be 1b. We are going to soar past that.

>> No.26774575

>>26774123
Fucking hype, this shit gets me steamy

>> No.26774688

fuck this fucking scam coin to hell

i hate all pajeets

NEWFAGS THE RUG WAS ALREADY PULLED ON THIS TWICE

holy shit they're gonna get you guys and dump on you a 3rd time. shadiest devs out there.

I feel guilty for bumping this garbage scam coin.

>> No.26774750

>>26774205
>>26774575
Fuck it feels so good to have got in something so big so early.

>> No.26774795

>>26774205
By governance token, you mean Uniswap? As in, UNI?

>> No.26774854

>>26774688
>>26757450
FRIENDLY WARNING TO ALL NEWFAGS

there has been an endless FUD campaign waged against XSN for years now. If you search the archives, you will see the same tired, baseless arguments copy and pasted again and again.

Stakenet (XSN) has now been listed on a tier 1 exchange, bitfinex. The 5th largest crypto exchange. These top exchanges have to perform a huge amount of due diligence and thorough research on any coin that wishes to get listed. Only if the coin meets their thorough criteria will they risk listing it.

In the case of bitfinex, owned by iFinex (the parent company of bitfinex and Tether), they are enormous influence on the crypto economy and under much scrutiny by law enforcement across the world as regulations tighten and governments look to restrict access to cryptocurrency. Bitfinex wouldn't risk listing anything even potentially worthy of litigation.

tldr; all FUD has been rendered obsolete by the bitfinex listing, you are being scammed by XSN whales who are trying to keep new investors out and suppress the price

>> No.26774921

>>26774688
Fuck you and your shitty lies all over every single XSN thread. Your bullshit FUD doesn't work anymore, deal with it faggot

>> No.26774940
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26774940

>>26774205
>A shitty governance coin can be 1b. We are going to soar past that.
Add to that, we're early man. ETH hasn't even broken its ATH yet.
>>26774123
>I can't believe biz is sleeping on this.
Old /biz/ went to XSN after reddit colonized /biz/

>> No.26775005

>>26774750
So true. I got in at 65c so I'm down 50% right now, and compared to some that is straight up LATE to the party, but fuck this thing is going to explode. People are going to feel good about buying the dip at $5

>> No.26775386

>>26774123

Lots of new comers in discord are from shilling on biz. It's not being slept on its being accumulated. I'm happy I'm strapped In. And ready to ride this to the moon. The no selling meme is real life with xsn. It generates actual crypto income from the Dex. A node is worth many fucking multiples of the fee income!! 1000x

>> No.26775487

>>26772394
Can't they steal the taker maker idea?

>> No.26775631

>>26774940
But eth did break ath recently

>> No.26775636

>>26775386
1000x would be fucking insane, $300 XSN.. Not impossible if this truly takes off, and becomes THE DEX to rule them all, in fact, it could reach the price of ETH one day.

>> No.26775646

>>26775386
1000x is 100% on the cards here. Think about it - this is going to be THE DEX. Not only is it going to be the biggest DEX by far it will help popularise DEX's more than UNI or any layer 1 bullshit ever could. $10 billion + market cap is a reality.

>> No.26775720

>>26775005
>People are going to feel good about buying the dip at $5
That happened with NEO. Antshares had threads on /biz/ and most people ignored them or told them to fuck off for tricking summerfags.
A few months later and half the board had sizable NEO stacks.

>> No.26775722

but it will never take off

devs are total scammers

good luck being forever bag holders though

>> No.26775741

>>26775631
No, it didn't . It's FAR from the ATH measured in BTC..

>> No.26775805

>>26775722
Thanks for the bump

>> No.26775834

>>26775722
Let me guess... You're a Blocknet dev?
Keep seething.. lmao

>> No.26775924

>>26775005

It's called dollar cost averaging faggot, so do like me and buy it low .

>> No.26775955

>>26775631
Bullish.

>> No.26775964

>>26755534
>>Fork of dash, fork of btc
>Humans stand on the shoulders of giants, we pass down knowledge and grow as a group. Information Theory is a fork of Calculus, which is a fork of Complex Math, which is a fork of addition, which is a fork of counting how much copper you are selling to your byzantine neighbor, 3000 year old tech.
>Facebook is a fork of react, which is a fork of JS, 18 year old tech

Love how you didn’t do anything to disprove this fud. Just talked in circles about random shite for a minute.

It’s almost like you know the Stakenet blockchain is entirely worthless and the only reason this ‘project’ is alive is because of lightning and connext.

Tell me shill. If Opendex are doing exactly the same thing, and are at exactly the same point as xsn. What’s super secret tech have they been building for the last 3 years?

>> No.26776017

>>26775005
>>26775720
Btc, Eth, Link, Antshares all were shilled on 4chan and mostly dismissed at first.
This is a 50 bucks coin. Thats the minimum it can go.

>> No.26776065
File: 93 KB, 385x390, 1610229690161.jpg [View same] [iqdb] [saucenao] [google]
26776065

>>26775722
Look at this pathetic seething fucking retard

Imagine spending your entire existence FUDing this thing... You literally have less importance to the earth's ecosystem than a single mayfly

>> No.26776170

>>26776065
>>26775834
>>26775805

bagholders

get rugpulled by the this pajeet scam coin again after another year of accumulating.
so funny every time

imagine missing the real opportunities for this shit pajeet coin

>> No.26776278

>>26776170
>>26775964
Thanks for the bump!

>> No.26776379

where do I buy this shit

>> No.26776496

>>26776379
Only in one of the top 5 exchanges of course. Bitifinex.

>> No.26776575

>>26771967
You can trade btc and usdt on using Opendex now, which also uses lightning network and connext lol. They are at the same point Stakenet is; working on a gui

Also note. Open dex did. this cross chain in November last year. Stakenet made a sonyvegas video a month ago which is literally fake. Since Yankee said that cross chain swaps had just began testing recently.

>> No.26777123

>>26776017
It's quite remarkable that XSN survived the entire bear market, the fork wars, and the massive shift towards ETH DeFi. Without an ICO at that.
It was risky to bet on Lightning in late 2017 and it was risky to focus on bridging Ethereum with Lightning because it meant waiting longer for a working build of the DEX instead of just launching with BTC/LTC pairs.
Crypto needs what X9 has been building all this time and that basic truth only becomes more evident with every passing week.

>> No.26777757

>>26776379
Whitebit, Bitfinex.
$100 is genuinely in play.

>> No.26777814

>>26775964

> Deep liquidity partners for launch

> Professional trading ux or simple swap interface

> mclw integration with Dex

> Global order book distributed amongst incentivised mastnodes ensure stable and decentralized exchange

> Shoutout to open Dex . Plenty of room in the space! That's the point even just 10% means we all winning! And we gonna buy connext coin too!

Your mom thinks you are a loser. And it's clear you didn't make it. We not hating just stating the FACTSsssss!!!

Yo imagine this fool checking for xsn threads while we just spreading the word baby! Lolololol.

LETS GET THIS !!!$$$$$$

>> No.26778548

>>26776575
Yep, I've seen a lot of XSN FUD over the years and never bought... But I think this is the one that finally made me pull the trigger

>> No.26778668

>>26777814
Fudders use OpenDEX to pick fights in XSN threads but none of them appear to have ever used it once. Then when people don't care and the thread keeps going, they forget about OpenDEX completely and go back to re,ddit spaced pasta.
They're like clowns that don't realize we're living in a clown world

>> No.26778859
File: 1.96 MB, 500x380, 11ce.gif [View same] [iqdb] [saucenao] [google]
26778859

1 masternode holder here...bought in at .09 and .03 to get my masternode....held for like 2 years...never selling...never will

>> No.26779179
File: 753 KB, 1024x455, bd.png [View same] [iqdb] [saucenao] [google]
26779179

>>26778859

>> No.26779386

>>26776575
I can't find anything about this opendex shit. Fuck it in going in XSN. There's not much volume on bitfinex though

>> No.26779471

>>26775741
Usd.

>> No.26779636

>>26779386
There's heaps of liquidity on bitfinex wtf you on? Nearly 100 mns before $1

>> No.26779804

>>26779386
Thats all there is. Most XSN is stacked or in masternodes already. There is no more XSN available. I dont know if thats good or bad tho.

>> No.26779882

>>26776575

Send link to their DEX i want to test it.

Pro tip, you can't.

>> No.26779950

>>26775722
Anon don't be so mean to blocknet like that. Cz has already fucked them enough.

>> No.26780233
File: 652 KB, 900x900, 1605344275349.png [View same] [iqdb] [saucenao] [google]
26780233

>>26779950
Blockcucks

>> No.26780398
File: 416 KB, 1241x628, 1608398680654.png [View same] [iqdb] [saucenao] [google]
26780398

>>26779386
it's old
>>/biz/thread/24944913

>> No.26781562
File: 121 KB, 1007x1024, 1611077338781.jpg [View same] [iqdb] [saucenao] [google]
26781562

>>26754839
Bumpo, fudders are now especially quiet.

>> No.26781694

>>26781562
They saw the latest article about fees and got btfo.

>> No.26782070

>>26780233
checked and kekd
>>26781562
>>26781694
one day soon they will be laughing and celebrating as XSN crashes from $20 to only $15/coin

>> No.26782096
File: 11 KB, 240x240, 1611788063336.jpg [View same] [iqdb] [saucenao] [google]
26782096

>>26781694
Fudders swingies and no stakers will unironically kill themselves

>> No.26782190
File: 12 KB, 250x248, 1611228889573.jpg [View same] [iqdb] [saucenao] [google]
26782190

Lmao at everyone who sold because of the fud, you sheeps are so easy to manipulate it scares me.

With 1/2 the volume of Uniswap I'll be making 1400$ a day holy fucking shit.

>> No.26782673

>>26782096
Correct
>>26782190
Kek imagine selling xsn

>> No.26783421

>>26782190
Imagine holding for years and then getting cucked by recent FUD...

>> No.26783932
File: 125 KB, 838x384, 1611307014582.jpg [View same] [iqdb] [saucenao] [google]
26783932

>>26782673
>>26783421
I got nearly two extra masternodes because of the recent FUD. I'm going to keep fudding and accumulate until I have 15

>> No.26783949
File: 578 KB, 1080x2148, SmartSelect_20210128-141243_null.jpg [View same] [iqdb] [saucenao] [google]
26783949

>>26779804
orderbook looking juicy

only about 80 nodes left on the books

>> No.26784032

>>26783932
>I'm going to keep fudding and accumulate until I have 15

Can you please give us some refreshing FUD, dash fork etc is getting real old

>> No.26784394

>>26759906
what if I have 24 MNs?

>> No.26784537

My 2nd masternode is coming.
This is the dippest price ever for XSN.
Their last announcement kill all the fucking FUDs.

>> No.26784573

>>26784032
The newest FUD was shit on by the devs really fucking fast and it was the only one that had any speculatory ground to it. I don't think there will be any new fud for a very long time. Let's brainstorm here /biz/... we have the "poojeet rug puller exit scammers", we have the "it won't work because of DASH fork", and we have the "only liquid nodes will get any trading fees" which was recently disproven swiftly. Talking about the price won't work because the DEX has yet to release and is entirely up to the market buyers. Maybe just say "the devs are keeping the tech secret because it doesn't work"?

>> No.26784595

>>26784032
I didn't make that FUD. I created the fake fee chart before the Devs released the actual one. I also made lots of other FUD

>> No.26784694

>>26784573
It's hard because the bitfinex listing pretty much completely legitimises XSN and any and all FUD attempts are skeptical right off the bat

>>26784595
Based. Thanks for the cheapies

>> No.26784752

>>26784394
20+ nodes will be the XSN citadel sentinel.

>> No.26784826

>>26784394
Based. I only have 4. And I think Im selling one to buy a house when the price is at 30 bucks. Then I will live from the rest.

>> No.26784849

>>26784394
1 masternode will be larp tier in 6 months so anything more than 10 is obscene.

>> No.26785596

>>26784826

>Only 4

Ooohh poor you... On 200m daily volume (which is kinda pathetic) you'll only make 280$ a day. And why the fuck would you sell one of your money printers for a house? Just pay mortgage on the house from your rewards and get both.

>> No.26785633

Can someone post the screencap of the AMA confirming launch in Q1?

>> No.26785717

>>26785596
>On 200m daily volume (which is kinda pathetic)

It's bizzare how most of us would consider anything sub $500 million volume a day a failure. It speaks about the scope of this project.

>> No.26786325

How do I buy this as an American?

>> No.26787021

>>26786325
You can get it through the whitebit phone app without a VPN (you can only withdraw up to 2 BTC worth a day) or you could use bitfinex with a VPN via the Opera browser's VPN or a paid VPN. Transfer your BTC from goybase or whatever wallet you have them in and trade them for USDT and then purchase XSN with the USDT from either exchange.

>> No.26787278
File: 9 KB, 224x216, 1611389745811s.jpg [View same] [iqdb] [saucenao] [google]
26787278

>>26786325

Well you got 2 options:

1) You can use VPN and don't do kyc, you have daily withdrawal limit of 2BTC it's more than enough.

2) you can wait for the DEX official release and buy there at X10 premium.

>> No.26787552
File: 2.15 MB, 2560x1440, STAKEGOLD.png [View same] [iqdb] [saucenao] [google]
26787552

>>26754839
KAN

>> No.26788039

>>26775005
>>26775924
anon i got in at 13 cent for 3 nodes a week before the pumping so i was never truly in the red, but i also fomod in 5k$ at .56 cent to be able to swing a bit when we hit 1$
then it fumped at listing and i bought 2k$ more at 40 cent and it pumped back to 69 before dumping down hard.

i then bought 1k$ at 34 cents and yesterday i market bought another 2k$ (last of my spendable money) at 27 cent as soon as the article came out.

yes i wished i didnt fomo at 56 and 40 but at the same time i reduced my buy in of those afterwards.
again i know it was not truly in the red so you had it harder but if you have a good project you should buy more when it dumps.

if i had done this with vidt i would have 20 masternodes right now.

>> No.26788105

>>26773109
>BNB $6,500,000,000
XSN has more utility than BNB

>> No.26788125

>>26781562
maybe they are happy enough to have gotten their stack at 25 cent, i mean they where really pushing it and it probably went lower then they expected so they might just be done now.

>> No.26788248

>>26787278
I just realized that when the DEX releases, all of the Americlaps that don't know how to buy XSN will FOMO in at an extreme premium, this adds more to my bull meter.

>> No.26788802
File: 332 KB, 1064x641, Stakenet liquidity solution.png [View same] [iqdb] [saucenao] [google]
26788802

DO YOU NIGGERS REALISE HOW RICH WE ARE GOING TO BE?

$100 EOY IS FUD

>> No.26789316
File: 247 KB, 979x566, Stakenet masternodes.png [View same] [iqdb] [saucenao] [google]
26789316

WHERE ARE ALL YOU FUDDERS NOW?

Thats right, they're accumulating as they always have been. profiting from anyone stupid enough to listen to them.

>> No.26790165
File: 401 KB, 623x629, 1600675048348.png [View same] [iqdb] [saucenao] [google]
26790165

>>26778859
>held for 2 years
Why didn't you buy more?

>> No.26790303

I'm so fucking bullish on XSN. I would have been as bullish on LINK if I knew what I had been invested when I bought it at $0.50

>> No.26790602

>>26785717
Like the devs said, 90% of all trading is bots. Uniswap doesn't really have bots because of high ETH fees, meaning their reaching an average daily volume of $200 million even without bots.
Now imagine the volume Stakenet dex can reach when it's the perfect platform for bots to trade on

>> No.26790695

>>26790602
100 Billion trading volume before hydra kek

>> No.26790837

>>26790602
I only just realised this.... We're actually going to make it aren't we? I'm getting nervous. I really hope the DEX works and it's released on time...

>> No.26791944

>>26788802
>>26789316
this
If you haven't realized that the fudders come in when right as they're about to dump and start accumulating, you're ngmi.

Also what do you guys think the price will be in a week? I feel like we're hitting 40c

>> No.26791948

how much it takes to stake 1 full masternode while having 8K XSN?

>> No.26792112

>>26791948
Like 10 years or so.

>> No.26792252
File: 1.27 MB, 1920x1200, cyberpunkfuture.jpg [View same] [iqdb] [saucenao] [google]
26792252

The momentum of the cryptocurrency space has snowballed exponentially over the past decade. Each market cycle to this point has brought a cornucopia of new strides and breakthroughs in blockchain technology. The rapid growth has led to immense profits for an uncountable number of long-term participants.

Adoption continues to spread with increased institutional backing and consumer payment channels. Indeed, all signs point to cryptocurrencies reaching a new plateau on the stage of global commerce. An essential question must be asked at this transitory junction in what appears to be the early stages of another bull market. How far will profit allow the underlying blockchain technology to deviate away from the roots of its essence and justification? There is no better source to reflect upon than the Cypherpunk Manifesto.

That which ages among the best is that which only becomes more biting and significant over time. Originally published by Eric Hughes in March of 1993, the Cypherpunk Manifesto has a short, sweet, and directly to the point message with an especially understated foresight about it that’s decades ahead of its time. It is a must-read for any digital native. It emphasizes the essence of digital privacy, decentralization, censorship-resistance/immutability, and the freedom to remain anonymous at-will. It argues that these principles be made manifest for any form of communication or commerce. Its backbone lies with every individual coder who cherishes the fruits of civil liberties and dares to counter and obsolete the many intrusive and invasive forms of technology with open-source, cryptographically effective solutions for the greater good of society.

>> No.26792357
File: 1.77 MB, 1920x1080, cyberpunk2.jpg [View same] [iqdb] [saucenao] [google]
26792357

>>26792252
These were the principles that Bitcoin was constructed with and designed to honor. While its inherent technology stays true to this nature (mining aside), the infrastructure that has been built up around it is flawed by design and sacrifices a good number of strengths and freedoms. Most notably are the many vulnerable points of exchange run by central authorities on trust where funds are at risk to be frozen or stolen, KYC (know your customer) policies, and the traceability, restrictions, and risks that come from these two points.

Shortly after BTC found a value that could be directly pegged to the USD (and with the USD, every global currency), a number of exchanges offering trade between the two opened for business. The first of these exchanges was the infamous Mt. Gox which implemented KYC policies by 2011 before exit scamming in early 2014. KYC policies were initially introduced to comply with the many regulations regarding the exchange of various fiat currencies for crypto in addition to demanding a deeper sense of customer accountability. Up until the point that they were introduced, the only sure way it would have been possible to trace specific addresses is if the recipient publicly disclosed their wallet address. KYC brought a considerably more advanced form of traceability with it. In addition to e-mail addresses and bank accounts, everything from names, addresses, full ID info, and pictures of each and every customer became tethered to their respective deposit and withdrawal history. Though somewhat convoluted with the nature of exchange wallets, there are patterns that can be followed and traced.

As BTC continued to grow, so did the number of its forks and competing cryptocurrencies pegged to its value in satoshis. The forks grew to be numerous and with them, the number of centralized C2C exchanges where you could trade them for BTC. Like the fiat-to-crypto exchange points before them, KYC was implemented on numerous C2C exchanges as well.

>> No.26792437
File: 420 KB, 1400x678, cyberpunk3.jpg [View same] [iqdb] [saucenao] [google]
26792437

>>26792252
>>26792357
Centralized exchanges of all sorts are perhaps the weakest link in entire cryptocurrency space. They have repeatedly proven to be weak in terms of security. This year alone, the following exchanges have been compromised: Binance, Bithumb, Coinbene, Coinbin, Cryptopia, and QuadrigaCX. What’s worse, they’ve sacrificed many of the core principles of the cypherpunks that built Bitcoin in the first place.

How can crypto be censorship-resistant and immutable if exchanges can decide to freeze funds or put a certain wallet into maintenance at whim? How can it be private if every account has every bit of trade, deposit, and withdrawal history it has done tethered to its name? How can it be anonymous at-will if full documentation is demanded, sometimes as a ransom for frozen funds? How can it be secure when billions of dollars have been hijacked from weak security? It could be argued that these exchanges are the antithesis of the cypherpunks: an easily-exploitable honeypot of funds and user data with a central authority.

>> No.26792468

>>26786325
There's some XSN up for sale on the DEX right now. That is the best way. If you don't want to wait for the DEX launch and heavier liquidity, you can use a VPN and buy from whitebit

>> No.26792577
File: 30 KB, 1024x1024, 1611626945551.png [View same] [iqdb] [saucenao] [google]
26792577

>>26760920
Same bro. Set it up last night.

>> No.26792707
File: 485 KB, 1920x1080, cyberpunk4.jpg [View same] [iqdb] [saucenao] [google]
26792707

>>26792252
>>26792357
>>26792437
Consider the efforts of the X9 Developers building Stakenet. True to the nature of the cypherpunks, they have been working to make these numerous vulnerabilities in the cryptocurrency infrastructure obsolete. To strengthen censorship-resistance and decentralization in this space, they have been implementing an immutable and purely decentralized exchange into their network where no central authority can freeze funds, where exit scamming is impossible, and where security is as tight as the blockchain technology it runs atop. To restore the principle of at-will anonymity, their immutable DEX will have no KYC, nor will it require registered accounts. In the interests of privacy, they have built a solution that allows for one-click TOR lightning swaps that strengthen the privacy of every participating coin and the Lightning Network itself. To strengthen the nature of the decentralized exchanges that are already out there, they are working on a DEX aggregator that pools together the offerings of many promising DEXes suffering from low volume or difficulty of use.

>> No.26792791
File: 1.63 MB, 3840x2160, cyberpunk5.jpg [View same] [iqdb] [saucenao] [google]
26792791

>>26792252
>>26792357
>>26792437
>>26792707
Put briefly, this team has the foresight and skill to acknowledge and address the numerous risks and shortcomings that anyone coin may face the second it is sent from a private wallet to any other point in trust. They are compounding these solutions into one streamlined and convenient wallet where funds are firmly secured, trustlessly staked, and instantly tradable from one singular point.

To build up the world of cryptocurrency is to honor the ways of the cypherpunks and carry on their torch. It is to fight for freedom from the intrusiveness and corruption of centralized authorities by obsoleting them. It is preserving the privacy of funds, resisting mutability, and decentralizing any and everything which stands to benefit from it. Whether that be a store of value, the means by which that value is secured and traded, or the platforms on which these mechanisms are discussed. This era of mass-censorship, intrusiveness, digital balkanization, and monopolies from many of the premier digital spaces not only shows how right they were 26 years ago but that there is still a considerable amount of work to do.

>> No.26792827

>Keeps increasing in price..

What the fuck are you guys waiting for? A dump? Hahaha, not happening anytime soon

>> No.26792946

>>26792577
checked and welcome

>> No.26792959

Should I dump my 1.4k linkies for some more MNs? Seems like this has way more space to grow than link still does.

>> No.26792989
File: 198 KB, 964x1256, linkrank1xsnrank2.png [View same] [iqdb] [saucenao] [google]
26792989

>>26792959
Retard.
Pic related.

>> No.26793036

>>26792989
Yes, XSN going to rank 2 would be exponentially larger growth than link going to 1.

>> No.26793080
File: 498 KB, 1000x750, 1610590821870.png [View same] [iqdb] [saucenao] [google]
26793080

>>26792827
It's gonna be a long time before any fresh fud too. The fudders have gone radio silent now that the dev team has announced that master nodes are fucking MONEY PRINTERS.

>> No.26793082

>>26793036
>derivatives market
Long term i think link will be much higher, but it's hard to say how high both will go this year.

>> No.26793618
File: 90 KB, 952x453, moneyprinter.png [View same] [iqdb] [saucenao] [google]
26793618

Larger amounts

>> No.26793653
File: 20 KB, 589x358, chart3.png [View same] [iqdb] [saucenao] [google]
26793653

>> No.26793678
File: 73 KB, 1499x819, chart4.jfif.jpg [View same] [iqdb] [saucenao] [google]
26793678

Community made images
1/3

>> No.26793708
File: 13 KB, 601x372, chart1.png [View same] [iqdb] [saucenao] [google]
26793708

2/3

>> No.26793741
File: 28 KB, 686x876, chart2.png [View same] [iqdb] [saucenao] [google]
26793741

3/3

>> No.26793875
File: 210 KB, 400x400, XSNEED.png [View same] [iqdb] [saucenao] [google]
26793875

Thanks to fuders price already pumped 20%.
I think we can see 50c next week.

>> No.26794049

>>26792112
but I mean not staking full 15K XSN but the remaining 7K needed. I assume that would be 5 years then?

>> No.26794057
File: 74 KB, 500x500, 1608167575855.jpg [View same] [iqdb] [saucenao] [google]
26794057

>>26793875
Possibly. It depends on whether the whalefags decide to put a 173k buywall at .35

>> No.26794148

You must be a complete moron if you havnt bought XSN desu. Buy it and hold, there will always be an exit if you are afriad. The volatility is absurd(good).

Im holding tho, all the way to 100$ atleast. Longterm investment for me.

DEX is released end of Q1, which means that we might reach new ATH, if we dont - i dont care.

As a MN owner im going to rich, its just a matther of time.

>> No.26794562
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26794562

>> No.26794625
File: 61 KB, 800x450, moneyprintergobrrr2.jpg [View same] [iqdb] [saucenao] [google]
26794625

>> No.26795049

>>26794049
Stakenet.info

Look for staking calculator

>> No.26795050

So with the dex being a program, does it have an api? I'm not a coder but i can script, maybe a little python etc. Is this how bot trading will be done, and does this mean i can make my own scripts like the old old mirc days? this is the dream

>> No.26795109

>>26795050
You should probs ask the devs in discord. The dex does support bot trading of course. That's how they run stress testing.

>> No.26795246
File: 40 KB, 403x408, 1610631472216.jpg [View same] [iqdb] [saucenao] [google]
26795246

>>26795050
I believe so. ask in the discord.

>> No.26795333

>>26775005
Don't worry mate, we're many who bought in high but don't even care about the dumps. Considering where we are potentially going a 50% temporary loss is like a piss in the ocean. Ygmi.

>> No.26795954

>>26794057
Whale fags like that should be killed

>> No.26796119

>>26795954
Agreed. I'll never forget the day I saw them do that when the devs announced the BTC 》USDT swap stress tests and the whales kept it there for 3 hours.

>> No.26796242
File: 41 KB, 479x363, af5be2871b3dd5e00b1a1590100b7889cd899645.jpg [View same] [iqdb] [saucenao] [google]
26796242

>>26787552
KAN da to, NAANI?!

>> No.26796366
File: 347 KB, 800x670, 1595077875362.png [View same] [iqdb] [saucenao] [google]
26796366

>>26795333
checked

>> No.26796524
File: 101 KB, 768x768, IMG_20210125_141532_529.jpg [View same] [iqdb] [saucenao] [google]
26796524

>>26795050
Yes. They will have an API just like other CEXs

>> No.26797060

>>26795109
Good point - suggests there must be a API

>> No.26797093

Fuck man all these crypto projects are looking like the exact same product and website to my monkeybrain

>> No.26797105

Multi-Currency Wallet and Lightning Swaps — Stakenet Solution

Whilst a lot of blockchain projects are struggling with scalability and trying to prove their decentralization, Stakenet (XSN) is swiftly moving forward in creating interchain capabilities and services that will help in fulfilling its vision of a trustless profit-driven economy. In this article, we will be discussing two important pillars that we are pioneering to provide a highly secure interchain economy for cryptocurrencies and making the world free of centralization.
>Stakenet Multi-Currency Wallet

A cryptocurrency wallet is an important and integral component of the cryptocurrency universe. It is a secure digital wallet which helps in storing and transacting digital currencies like Bitcoin and Ethereum. Most of the coins and tokens have their official wallets but with changing times a lot of independent third-party wallets have surfaced providing a variety of features. Here comes the problem; for every cryptocurrency that a user holds, he also requires a wallet to store it, thus making it cumbersome for the holder to have so many wallets.

Stakenet provides a solution to this problem as Stakenet’s Masternode Network will hold databases and run full nodes of multiple blockchains allowing Stakenet to create a wallet that can securely send, receive and confirm a transaction on separate blockchains. These separate blockchains are held in the second layer which communicates with the first layer nodes providing users a single wallet which can house multiple wallets.

>> No.26797168

>>26797105
>Lightning Swaps

With decentralization slowly finding its roots in today’s world, people are showing an inclination towards replacing centralized intermediates with decentralized ones. Although the acceptance of a complete decentralized organization is still distant, there has been the emergence of a lot of services which now help people in carrying out transactions without an intermediate party. Atomic Swaps are one of these. In simple terms, an Atomic Swap is a smart contract technology that enables the exchange of one cryptocurrency for another without using centralized intermediaries, such as an exchange.
In August 2018, we released a new Lightning upgrade along with the implementation of Lightning Network and Atomic Swaps. The combination of Lightning Network along with Atomic Swap allowed the execution of “Lightning Swap” which is an instant and nearly fee-less cross chain trade. The successful execution of Lightning Swap has taken us a step closer to our trustless one-click Lightning Swap solution which provides the user with a unique interoperable peer to peer solution that is only available with Stakenet.
To elaborate, Lightning nodes validate transactions between two separate chains. A Lightning node is an endpoint communicator that should have data from both chains. In other words, it needs to monitor both chains and thus is able to validate the transaction. With the upcoming development of the Multicurrency Wallet, Masternodes will be holding the separate chains in a decentralized manner, so you won’t need to download both chains. The Masternodes will also provide Watchtower services, so if anything goes wrong it will execute automated scripts to claim the punishment rewards.

>> No.26797486

>>26797105
>>26797168
>Stakenet Solution

Crypto exchanges are the mainstay support for the cryptocurrency market as they allow trading of coins thus providing liquidity. Even after being such an important component of the crypto markets, most exchanges are centralized and are operated out of a single central server making them vulnerable to hacking or forced closure by the regulatory authorities. Also, once a user places a trade with a centralized exchange, their coins leave their possession and are stored with the exchange, thus making the user lose the utility and benefits that one receives from the coins. These are some of the potential risks which Stakenet aims to answer with its proposed Stakenet dx (Cross-Chain Lightning Swaps).

With important components such as the Multicurrency wallet and Lightning Swap in place, we are only a few steps away from creating this solution. There are some DEX’s which are currently operating but all of them have some vulnerabilities of centralization, whereas Stakenet would be the first to operate a completely decentralized solution which would be entirely run by Masternodes and not supported by a centralized entity.

>> No.26797555 [DELETED] 

>>26797105
>>26797168
>>26797486
In short, all services running on the Masternode network will generate fee’s that will be paid in XSN in one way or another. Many users may not even realize they have paid in XSN as it will all be handled by Lightning swaps in the background. For example, if someone wants to trade BTC/LTC then the fee will be initially collected in BTC, however this BTC will be converted into XSN via a Lightning Swap in the background. That XSN will then be distributed back to the MN holders for providing the services.

This will happen for every service that is run on the XSN Masternode network, such as the Privacy features and upcoming DApps. We believe this economic model will provide a constant demand for XSN with fees collected constantly being converted to XSN and then distributed back to Masternode holders.

We have also partnered with professional trader Frank Amato (current Block 5 Capital Co-Founder, Former Executive Director of JP Morgan, Former Managing Director of Bear Stearns), to help design the Stakenet dx, as he provides insights on how the one-click Lightning Swaps can meet the expectations and requirements of seasoned traders. It will have a “Pro-Trader Mode” which will serve ambitious and also seasoned retail fund investors.

>> No.26797658

>>26797105
>>26797168
>>26797486
Apart from that, the other advantages of the Stakenet’s Cross-Chain Lightning Swaps are:

>The coins which the users hold never leaves them unless the transaction is completed giving them unlimited access to their coins.
>With coin in their wallets, they also benefit from all the utilities, features and staking rewards of the coin.
>The user remains anonymous as he doesn’t have to provide any Know Your Customer (KYC) details to anyone providing the user with complete anonymity and freedom to trade fearlessly.
>Not being in hands of central authorities, the Stakenet dx cannot be shut down by anyone, not even Stakenet.
>All transactions are done on a peer to peer basis without the involvement of a central authority, making the transaction more secure and less expensive as the fees are lower.

>> No.26797665
File: 761 KB, 1125x1104, 1611389349456.jpg [View same] [iqdb] [saucenao] [google]
26797665

Holy fuggggg the buys. I wanted them to slow down for my funds coming in today. It really isn't dumping anytime soon.

>> No.26797722

>>26797105
>>26797168
>>26797486
>>26797658
The question is what’s the point of a native token on a chain that facilitates Lightning Swaps?
There have been two main criticisms of Lightning Network thus far:

1. Decentralization
2. Liquidity

By using the XSN native blockchain to host a one-click Lightning Swap solution, it gives the advantage of utilizing its second layer Masternode collateral to solve both of these issues.
Masternode collateral can only be achieved by using a native blockchain, since the rules need to be baked into the first layer to have secure Masternode’s in the first place, so you cannot use DApps or off-chain tokens to have the same effect or solve the problems that require a dedicated Masternode network.

With our native blockchain you will be able to take this collateral and allow Masternode owners to make that collateral work for them by generating fees from routing Lightning payments, becoming Watchtowers, holding other chains, providing Light Wallet TX broadcasting services and liquidity for the Lightning Network as a whole.
Furthermore, all major infrastructures will be built using Masternodes to provide a decentralized service without hurting normal users on the base protocol.

XSN users and owners will be rewarded accordingly via demands for XSN to set up these Masternodes or using it as a medium of exchange, because it will be one of the most liquid Lightning Networks necessary for high volume trading and general payments.

This is one of the major selling points along with other exciting capabilities our second layer will allow in the future. As new technologies regarding smart contracts, DApps, and scaling come into the scene we will also be able to uniquely solve problems that these technologies might face using the same approach we are taking with Lightning for example.

>> No.26797781

>>26797105
>>26797168
>>26797486
>>26797658
>>26797722
In short, all services running on the Masternode network will generate fee’s that will be paid in XSN in one way or another. Many users may not even realize they have paid in XSN as it will all be handled by Lightning swaps in the background. For example, if someone wants to trade BTC/LTC then the fee will be initially collected in BTC, however this BTC will be converted into XSN via a Lightning Swap in the background. That XSN will then be distributed back to the MN holders for providing the services.

This will happen for every service that is run on the XSN Masternode network, such as the Privacy features and upcoming DApps. We believe this economic model will provide a constant demand for XSN with fees collected constantly being converted to XSN and then distributed back to Masternode holders.

We have also partnered with professional trader Frank Amato (current Block 5 Capital Co-Founder, Former Executive Director of JP Morgan, Former Managing Director of Bear Stearns), to help design the Stakenet dx, as he provides insights on how the one-click Lightning Swaps can meet the expectations and requirements of seasoned traders. It will have a “Pro-Trader Mode” which will serve ambitious and also seasoned retail fund investors.

>> No.26797898

>>26767565
Ok didnt see this one, it really looks like its connected to the mysterious deal

>> No.26797900

>>26795333
Checked.
>>26795954
Don't buy walls stop it from dumping?

>> No.26797965

>>26797093
Then you need to dyor.

>> No.26798079
File: 16 KB, 259x194, 1497303616516.jpg [View same] [iqdb] [saucenao] [google]
26798079

>>26794562
Ebin :^) :^) :^)

>> No.26798283

>>26797093
If Stakenet looks the exact same as every other coin to you, than you are blind.

>> No.26798485

>>26797900
I suppose I meant it as you have to buy the wall in order to get past it. Is it called a sellwall? I'm tired as fuck anyway, apologies if I mixed them.

>> No.26798744
File: 48 KB, 600x632, 1610966646926.jpg [View same] [iqdb] [saucenao] [google]
26798744

When did you realize that there are currently hundreds of low-tier and likely high-tier exchanges that would benefit greatly by just up and moving their resources to our decentralized platform? Allowing them to forgo much of their current business management worries? What do you guys think will happen when all these smaller exchanges decide that owning a few masternodes will be easier for them than owning and running their own websites with all the liabilities that brings them? Stakenet paves the concrete highway, Bitfinex carries the vanguard, more will follow, stragglers might fall off the road and die or be shot. Unbelievers will be purged.
> Pic related: our faces when upholding the infrastructure and seeing the plebs deciding to use the dirt road instead.

>> No.26798824
File: 86 KB, 528x492, 1611399718151.jpg [View same] [iqdb] [saucenao] [google]
26798824

>>26798744
checked and based as fuck.

>> No.26798977

>>26798485
Yeah, buy walls catch dumpers, sell walls block pumpers.

>> No.26799188

>>26798744
Checked but please delete. /Biz/ isn't ready.

>> No.26799197
File: 76 KB, 881x1024, 1608467924882.jpg [View same] [iqdb] [saucenao] [google]
26799197

>>26798977
checked, thanks for the correction.

>> No.26799261

>>26798744
Checked.

>> No.26800598
File: 15 KB, 480x266, 1608499777068.jpg [View same] [iqdb] [saucenao] [google]
26800598

Bump. A nigger put a sell wall at .348 for 32k.

>> No.26800762
File: 125 KB, 500x331, 1610617143540.png [View same] [iqdb] [saucenao] [google]
26800762

>>26798744
>>26798977
>>26799188
CHECKED

XSN $100 2021

IT IS KNOWN

>> No.26800907

delete this thread, i need more time

>> No.26800981

>>26793080
>master nodes are fucking MONEY PRINTERS
They aren't exactly money printers.

>> No.26800989
File: 691 KB, 590x745, elonmakeit.png [View same] [iqdb] [saucenao] [google]
26800989

No fudders in sight. They got btfo.
wagmi stakebros

>> No.26801090
File: 112 KB, 390x390, 1595892534134.png [View same] [iqdb] [saucenao] [google]
26801090

>>26800907
We all need more time, but there are unfortunately no brakes on this train. It doesn't stop for anyone. At times it might slide off the road temporarily, but it'll just be picked up and set to roll again.

>> No.26801091

>>26800981
Yeah it's better, they're stakie printers.

>> No.26801188

>>26797093
They copied from xsn.

>> No.26801250

please anons, dont be a retard and buy and sell. Hold this as a longterm investment. This is priceless, the market doesnt even know about this yet.

Paolo A at bitfinex, CTO even tweeted about this last year, he didnt mention XSN by name, but all of it techs.

Jesus this cant get any easier. Just dont sell and wait, you never know when the pump starts.

>> No.26801280

>>26800981
Yeah, they're more like a mining rig.

>> No.26801338

Beta DEX is realesed march.

>> No.26801394

>>26801338
February

>> No.26801430

>>26754839
why did it dump that much?

>> No.26801517

>>26801430
Because of the Bitfinex listing and a ton of very bullish news and happenings lately.

>> No.26801522

>>26801430
What goes up must go down. Why did LINK dump from 20 to 10?

>> No.26801553

>>26801430
Rinse and repeat, bigger players want all the coins they can get as cheap as possible. Its classic move. Shake out the weak hands.

Happends in stonks aswell

>> No.26801587

I don't understand why anyone is selling even a single XSN right now. There's not gonna be a moment to buy back in cheaper anytime soon. Maybe swingies taking profits? But even THEY have to know the potential.

>> No.26801747

>>26801430
Oh no, wait. I thought you meant pumped. The reason it dumped is because of newfags panic selling and whales selling once they realized momentum was not picking up after the listing -> naturally it dumps. If there's not a large enough influx of people to pump in their money, and a lot of them don't DYOR about the project and sell during their emotional high, then naturally it dumps. It's just temporary though. The project's prospects haven't changed, in fact they've gotten even more realistic and bullish due to the latest debates/announcements.

>> No.26801819

>>26801587
the price can be so easily manipulated, ppl dont realice.
As a non-trader, i stick to holding, this will get me a ton of money. Not sure about yacht money anytime soon but if i hold, i will make it.

You are braindead not to realice this, or u havnt researched enough about Paolo CTO of bitfinex tweets lastyear about a DEX that is the future, the Stakenet is the only one that has all of its components if you know the project and done your research.

>> No.26801887

>>26800907
you had THREE(3) years.

>>26801430
>pump asset
>dump asset
>accumulate cheap asset
>repeat

>> No.26802236

>>26801819
I think you misread what I said. I'm asking why people are selling considering that all fud is fake and gay. I know Paolo is going to use this DEX to create his new empire. If you're saying that people are selling to manipulate the price; I don't see how that would work because there's so many willing buyers after the recent masternode news.

>> No.26802430

>>26801517
>ton of very bullish news and happenings lately
which one

>> No.26802522

>>26801747
One question fren
What's the next swinging point?

>> No.26802843

>>26802236
sorry, i did.
Take care fren.

May the wealth be with you

>> No.26802902
File: 1.29 MB, 498x359, 1610723280801.gif [View same] [iqdb] [saucenao] [google]
26802902

The moment of truth has arrived. Will the bots eat the 32k buywall? Stay tuned.

>> No.26802905
File: 118 KB, 1420x544, 1611293618782.png [View same] [iqdb] [saucenao] [google]
26802905

Friendly reminder

>> No.26803002
File: 128 KB, 2048x2048, creepy_suspect.jpg [View same] [iqdb] [saucenao] [google]
26803002

give it to me straight.

Wen dex. Wen do we see $1 Billion daily volume. Wen does this dream come true?

I believe desu but it just seems like we get updates of updates. The team is very good at honey-dicking us along, pretending like this thing is being released next week.

>> No.26803008
File: 103 KB, 435x318, 1611386134262.png [View same] [iqdb] [saucenao] [google]
26803008

>>26802843
WGMI

>> No.26803111

I guarantee that ppl will still sell this and loose money. 100% coz ppl are stupid, they always will be.
HODL and see over 1$ in a couple of month.

>> No.26803159

>>26802902
Fuck, sell wall, I'm gonna just sleep now. It will take a while before it either lifts or Chad comes to crush if.

>> No.26803279

>>26803111
checked but $1 in a few months is FUD. $10 dex release.

>>26803002
I'd estimate by the end of Q2, that gives the DEX enough time to build momentum

>> No.26803371

Okay you fucks, I got an MN now.

>> No.26803453

>>26803002
>WGMI
The thing is that L2 has never been done before, this a new tech. They cant just launch a new DEX with all of its compontents and not be 100% sure that all works, imagine if it launch and there are major bugs, that would be devistating. The R/R are huuuge tho, so im taking the risks, plus i know the dev-time they had, its all good.. Plus Paolos tweet says that he is in on it aswell.

>> No.26803534

>>26803371
just dont sell, ive got one aswell, ive been holding this from 0.8 to 0.2 to 0.7. Rollercoaster, but i dont mind if this shit will get me rich in the future. Its just time well spent on longterm investment. Its almost impossible to catch the dip and sell on top everytime.

>> No.26804377

>>26803453
Good thing they have tested this shit for over a year.

>> No.26805174
File: 1018 KB, 827x676, xsnboo.png [View same] [iqdb] [saucenao] [google]
26805174

Got myself a MN and live in a shithole 3th world country.
Even if the Dex hits only 200m-400m I can quit wageslave and just save money to travel.
Feels good, bros

>> No.26805519

>>26803453
Thats why they're testing it rigorously before launch. They're not going to launch it in an inoperable state.

>>26805174
Based. Congrats.

>> No.26805657

>>26802522
I have no idea, no one knows. The idea of "buy the rumor, sell the news" very much applies here though. Right now there's a cool-off period since the last news about the Bitfinex listing. I'd say the prospects to buy are good now that it's already dumped. The price might very well stabilize here, or it might begin ascending due to rising levels of anticipation regarding the rollout of the DEX progressing. That'd be the "rumor", that the DEX is around the corner (within a few months perhaps). So now would be a good point to buy in, or at least start DCA'ing in.

>> No.26805901
File: 28 KB, 460x339, 1611816946571.jpg [View same] [iqdb] [saucenao] [google]
26805901

how much do MN's make per day atm? Just set mine up. Have no idea.

>> No.26806298

>>26802430
Oh for fuck sake, this website is fucking broken as fuck. I just wrote you a max word count post and it didn't get posted. This is the third time this has happened me. Fuck this shit.

Anyway. The bullish prospects that have been.
> A ton of fud has been dispelled:
> Bitfinex listing -> the project is credible
> DEX development has indeed been progressing hard -> Team is indeed working hard
> The team has taken their time to quickly dispel a ton of the most damning fud going around
> Prospects have been showed to be much more holistically and realistically anchored than previously thought and fudded by many.
> Their three-stage rollout plan seems to be progressing much quicker than we previously thought would be the case.
> Team is seemingly beginning to up their marketing game (which has been one of the main concerns for many)
> Many partnerships recently forming
> One of the largest crypto-influencers noticed and posted about XSN -> we're potentially gaining traction.

Upcoming bullish:
> Announcement of the DEX release around the corner.
> DEX (With finished SSUI, ETH/ERC-20<->BTC integration) release soon^tm
> Hydra release might happen earlier than expected.

>> No.26806325

>>26805901
If you average it out over time rn it's a little over 5 per day

>> No.26806482

>>26806298
>bullish prospects
>no mention of the iFinex deal, which is all but confirmed

other than that, good post anon

>> No.26806991
File: 242 KB, 500x500, 1594123962566.png [View same] [iqdb] [saucenao] [google]
26806991

>>26802430
Also, Livecoin getting rekt turned out bullish for us. it's been one of the most fudded points regarding XSN, that we were only listed on a scammy shit ass russian CEX that was conducting wash-trading and faked their volume.
This downfall lead to Whitebit taking the reams, showcasing that much of the hype (volume/liquidity) was indeed not just empty bullshit caused by Whitebit's shenanigans.
It probably fucked a lot of the swingies as well, which has perhaps allowed us to establish a higher stable price point than before.
Now that we're on Bitfinex though, we're fucking good, and the prospects for a future moon-mission of enormous scale have been prepped.
In other words, the Stakenet Bull has been fed, outfitted, and mentally prepared for complete and utter war. Let the best DEX/CEX win, this battle will be complete annihilation, and we're looking like the Romans before the rise of their empire. Google/Forex/Amazon level market shares are up for grabs in this space.

>> No.26807074

>>26806482
You're completely correct, I actually wrote that in the post that disappeared. The fact that the theory is being proven true is beyond bullish.

>> No.26807136

>>26807074
Ive had many posts disappear a lot lately.

>> No.26807465
File: 813 KB, 320x180, 1602917555711.gif [View same] [iqdb] [saucenao] [google]
26807465

>>26806991
>i somehow managed to stumble upon the key infrastructure that will facilitate the decentralised finance revolution
>and i invested in it at the ground level

>> No.26807703

>>26806991
Livecoin's shenanigans*, not whitbit, is what I meant to write.

>> No.26808152
File: 147 KB, 518x442, 1594769357007.jpg [View same] [iqdb] [saucenao] [google]
26808152

>>26806991
So... The bull has been prepped?

>> No.26808274

>>26754839
it's a scam just buy Blocknet instead

>> No.26808974

>>26806991
Based

>> No.26809137
File: 155 KB, 1050x1353, Bull.jpg [View same] [iqdb] [saucenao] [google]
26809137

>>26808152
I believe so.

>> No.26810247
File: 63 KB, 416x700, xsnpepereasonstolive.jpg [View same] [iqdb] [saucenao] [google]
26810247

>pic related

>> No.26810376

Am I too late to get in this?

>> No.26810439

>>26810376
>sub 100 mil mc
>sub $1
>too late
Come on anon, what do you think here?

>> No.26810597
File: 1.28 MB, 908x723, 1611807607514.png [View same] [iqdb] [saucenao] [google]
26810597

>>26810376
No.

>> No.26810999

>>26810376
You're very early. Think Link sub $0.10.

>> No.26811155

>>26810376
Nigger you're so early you have no idea.

>>26810999
Checked.

>> No.26811209

>>26810999
>>26811155
Checked!