XSN: Devs silently chugging along

[Anonymous No.21310668]

https://twitter.com/XSNofficial/status/1293537256888651777

Two years of waiting are finally coming to fruition this month.
i just payed $20 in gas fees this morning to unpool some liquidity and buy a dip. This problem is only going to get worse and the defi (new SweetPotato projects and YFI v5) keep rolling out clogging the ethereum network. Onchain solutions don't work and only L2 will sustainably fix that problem. But L2 integration isn't easily (let only cross chain L2 interactions), but XSN has proven it is not only possible, but that such a solution will be available to the public in a few short weeks.

Defi is the goldmine, XSN will sell the shovels

[Anonymous No.21310702]

Upcoming tasks from the devs:

1. **HF/ HW support in wallet** (enable Cold staking and MN mgmt from light wallet)

Beginning of our XSN chain upgrades, starting with a core wallet update (within the week) to allow TPoS and MN mgmt from HW such as Ledger & Trezor directly from our light wallet

2. **Ethereum support in wallet**

basic ETH and ERC-20 support (followed by
@raiden_network
in wallet support + $ETH trading pairs)

3. **Launch page & website launch** for public distribution of wallet + DEX

Leading up to #3 will begin live trading on the DEX as planned, also will release continuous build updates and improvements to our beta groups ensuring a hardened and stable candidate for release

[Anonymous No.21310770]

>>21310668
xsn is going to moon so hard if this dex works as well as anticipated. If this bullshit defi bubble keeps blowing, we're going to see $10 XSN purely from siphoning away Uniscam's volume

[Anonymous No.21311376]

Unironically going to be $5 end of month.

[Anonymous No.21311468]

>soon I will

[Anonymous No.21311649]

>>21311468
I think this might be a reason why XSN is slow to take off. Most people are used to the metamask -> uniswap system which is made ridiculously easy. But once volume picks up and people see the trade fees and speeds frm XSN they will eventually migrate. There are so many people here with 1-5 ETH stacks who are getting wrecked by fees

[Anonymous No.21311695]

I don’t think people quite realize yet.

Stakenet is the centralized exchange killer.

Everyone is going to use it. Why wouldn’t you? There’s no KYC.

[Anonymous No.21311858]

>>21311695
>There’s no KYC.
To be fair that’s not really a selling point since uniswap can also claim that.
However, every other point made in this thread makes it clear it kicks the shot out of uniswap.

[Anonymous No.21311860]

>>21311649
I get the feeling Uniswap and other ETH DEX’s are about to get fucked with this if XSN team are smart about it. Until it gets to hydra where MN owners make the fees the team still have control right?

If so what’s stopping the team from approaching hot new Defi projects and getting them to list first on XSN DEX? They could offer them sweetheart deals where the project get like 50% or even all of the trading fees generated by their coin back so projects would actually get paid to list there and would want everyone trading on it. They wouldn’t need to pay any other exchange for listing as that would take volume and money directly away from the project. In the mean time XSN team gain a fuck load of users who see how cheap and fast XSN DEX is and they never return to Uniswap or other exchanges because they can get what they want straight out their wallet.

[unique_id No.21311888]

>>21311695
because fiat on-ramp

[Anonymous No.21312206]

>>21311888
checked
Agoradesk needs more people
XSN actually makes BTC over LN usable. Hopefully that helps BTC scale and grow P2P fiat <-> BTC markets.

[Anonymous No.21312593]

>>21310668
how long do i have to buy MN? or will it drop far enough after the bullrun to buy in?

[Anonymous No.21312597]

>>21310668
>https://twitter.com/XSNofficial/status/1293537256888651777
>777
What did kek mean by this?

[Anonymous No.21312680]

40c shitcoin
$1 when

[Anonymous No.21312952]

>>21311860
This does seem like a really great idea, but i get the feeling that the team would be reluctant to do something like this. They want organic growth. they have plenty of money in the treasury (that they are nevertheless using conservatively which is great), so it doesn't seem like they'd be the type to cut deals and create shortcuts.

That said, i wish they would do something like this. Uniswap is in part so popular because it's an easy project onramp, if XSN can be the same (plus all its other features) it really will make uniswap obsolete

[Anonymous No.21313285]

>>21312597
It means we are going to be fucking rich lads. 1mn to retire everything else is gravy

[Anonymous No.21313814]

>>21310668
>https://twitter.com/XSNofficial/status/1293537256888651777
FUCKING DIGITS

[Anonymous No.21313953]

>>21312952
I know it’s not there style but if they take an aggressive approach on this it would essentially make XSN the worlds biggest DEX overnight and then they start taking marketshare away from CEX’s shortly after.

[Anonymous No.21314006]

>>21311649
The real question:
>are people willing to spend 30 mins to download & sync the dex, to save themselves $5/trade or more
depends on a lot of factors:
1) trust in the platform
2) annoyance with on-chain tx speed & cost
3) how difficult the dex is to set up, and whether X9 provide a "retard-proof" how-to in order to go from dex.exe to first trade.

[Anonymous No.21314255]

>>21313953
They don’t want that because, it will take time. No doubt there will be unknown bugs and shit that come with launching a completely new product to thousands of people. They don’t want to spend millions promoting something and get all this attention and then something silly gets brought to light. The dex should actually I think, just be promoted through twitter and stuff and get organic growth.

Then in a few months when new bugs are ironed out and everything is sweet. They go full of shill mode when the android/iOS app drops. Then we explode do to higher adoption.

[Anonymous No.21314302]

>>21314006
Only have to do that once, once your channels are open you can leave them open and it syncs in seconds when you re-open it

[Anonymous No.21314307]

>>21314255
Green id and digits. Damn maybe 2021 I’ll make it. Praise Kek

[Anonymous No.21314688]

[Anonymous No.21314869]

>>21314688
2000 stakelet reporting in.
Will I make it?

[Anonymous No.21314900]

>>21314302
They really need to put out a video showing the whole process from start to finish fresh wallet install. Maybe they already have.

[Anonymous No.21314919]

>>21314869
How goes 200k sound

[Anonymous No.21315072]

>>21314919
If this shit actually hits $100 in the golden bull run I'm cashing out and retiring and investing in boomer shit

[Anonymous No.21315104]

>>21314919
what's that, 200k sats?

$25 XSN is pretty good.

[Anonymous No.21315157]

>>21315072
100$ is with hydra.Golden bull run would be even more

[Anonymous No.21315190]

>>21314869

[Anonymous No.21315204]

>>21314006

Yeah thats my only worry, that the devs dont understand that a large portion of their customer base is tech illiterate retards like me.

Their tutorial videos make me think they got it covered.

How much will they suffer not being fiat on-ramp?

[Anonymous No.21315800]

Stakenet vs Harmony One, which is better?

[Anonymous No.21315946]

2 MNs reporting in. Give it to me straight /biz/ will I make it?

[Anonymous No.21315980]

>>21314006
>>21315204
If only takes couple dozen of bots to arbitrage between cexes to sent trade volume into the moon.

[Anonymous No.21316071]

>>21315204
Next to no effect. Anyone willing to use a DEX atm will have an on-ramp somewhere else. It’s like asking how much will the Pirate Bay suffer due to not having a subscription streaming service.

[Anonymous No.21316132]

KEK better fucking deliver and do not come at me with the "we have to approve every shitcoin that comes on our platform" make it into a fucking casino Humans have loved casinos since they've existed you give them a cheap fee to gamble then give them the platform to gamble on. Loopring has like what 10 shitcoins? We want venom, the vile, the explosive, piss fuckers, black jacked hookers. Give me the program, let me play it proves to attract. The rest will come like flies

t. not buying back in until I can trade any shitcoin on it

[Anonymous No.21316412]

>>21315800
XSN has a better potential for returns.
ONE will do well, but it's not anywhere near as encapsulating.
This isn't really a good comparisons, though. They both do different things.

ONE solves the ETH scaling problem while XSN solves the BTC scaling problem and then combines BTC with ETH and gives us a much more convenient way to trade in a global manner.

ONE can certainly see generous adoption. There's no reason to count it out. It's unquestionably a top 20 token, but there's a chance that it sees the top 10 and stays there if it's able to suck a bit of MC away from ETH.

My guesses, considering I'm in both, are a peak $100 for XSN and a resting $40-50, whereas ONE should peak around $1-3 and rest around $0.4-0.6

[Anonymous No.21316589]

Its literally criminal how cheap XSN is at this price. If uniswap is this popular with enormous fees, XSN will do everything done by uniswap but faster, more profitable, safer and inexpensive.

So my price prediction is 3$ soon which places it at 300 mil market cap. So do your own research and do your own math. The guaranteed profit is out of this world, as it makes link appear like an overhyped coin.

[Anonymous No.21316652]

>>21310668
how stable are the LN channels and the whole tech of it? are the transactions guaranteed?
is the tech "production ready"?

same for raiden:
https://explorer.raiden.network/tokens/0x6B175474E89094C44Da98b954EedeAC495271d0F

low usage?

[Anonymous No.21316774]

>>21314006
>saving 5$

Pic related. From today

[Anonymous No.21317232]

>>21316132
Fair enough but what if its utility is so powerful that everyone buys your cheap XSN for you and you have to buy in at $7

[Anonymous No.21317559]

>>21316132
>trade any shit coin on it

Yeah I don’t think that’s gonna happen

[Anonymous No.21317601]

>>21316132
Very much agree that they need to go balls out, and “approve” everyone who wants listing. It’s basically going to be lottery on crack. People like crypto, because they like gambling. Admit it or not.

[Anonymous No.21317620]

>>21317232
I'm always watching, ready to buy back in. Same thing was said in 2018 when fees were getting expensive, idk how much they claimed they have done/were going to get done. everyone running off pure hype except maybe 10 coins