what the FUCK is stakenet?

[Anonymous No.21348762]

Stakenet will launch a non custodial multi coin light wallet(thats a place where you can store all of your coins and keep your private keys) that has an inbuilt Decentralised Exchange

All Decentralised Exchanges available now are shit. They are on-chain, congested and unscalable. Look at Uniswap fees right now. Stakenet DEX has been built from the ground up to be one DEX to rule them all.

Stakenet DEX is off chain and uses the lightning network meaning any coin that is lightning network compatible can be traded instantly and very cheap.

So in quick summary; Stakenet will allow you to store and trade all of your coins for any other coin all from one place - safely, instantly, cheaply, and privately.

[Anonymous No.21348797]

Stakenet DEX is working on integrating Raiden, which will allow cross chain - ERC20 trading (BTC for LINK for example)

Heres a list of coins that are lightning compatible:
BTC
LTC
XSN
XLM
DCR
ZCASH
USDT on OMNI-Chain (planned? )
VIA
RVN
With Raiden Network:
ETH
Stablecoins: USDT, USDC, EURS, DAI, MKR, PAX, BUSD, TUSD, HUSD, XAUT, SAI, PAXG
ERC-20: LINK, OKB, LEO, 0x, ICX, ENJ, KNC, HOT, ZB, OMG, SNT, CHZ, NEXO, LEND, BTM, HEDG, CRO, HT, INO, BAT, REP, INB, KCS, GT, MCO, MATIC, CEL, NEXO, CETH, MANA, GNT, TKX, HYN, EWT, UBT, REN, SEELE, POWR, BF, BTMX, CRPT, LA, CHSB, OXT, BEST, PANTOS, BNT, ONE, CET, WBTC, AWC.. Basically all of them: https://coinmarketcap.com/de/tokens/
FTX Tokens (for leverage)
Bitcoin forks: BTCP, BTG, BCD (BCH / BSV? )
Not very known:
VTC
NIM
FTC
PART

[Anonymous No.21348867]

How about Loopring? Isn't that offchain too?

[Anonymous No.21348905]

>>21348762
Explain like a dummy why this benefits me when the exchange opens

[Anonymous No.21348947]

>>21348905
And why I would need tokens of this shit?

[Anonymous No.21349057]

>>21348867
It's a layer 2 roll up.

[Anonymous No.21349243]

Dead project. Dead tech.

Lightning network is the most centralised thing about bitcoin. It’ll never be adopted

[Anonymous No.21349292]

>>21348905
You dont need to even invest in XSN to benefit greatly from this.

Anyone can use this DEX and save a lot of money and time trading cheap and quickly, and of course, privately.

Billions of $ worth of crypto will flock to the Stakenet DEX because of this.

The DEX infrastructure however, is built on top of the XSN blockchain(which is made up of XSN coins). The Stakenet network receives fee's from the DEX and uses 100% of these fee's to market buy XSN, 10% of this is burned and the other 90% is distributed to the Masternodes(who host the XSN network.

>>21349243
you had 2 years

[Anonymous No.21349381]

>>21349243
why are retards like you even in crypto?

>the biggest critique is the liquidity issue which with our architecture we would help resolve as a by product (DEX HuBs as by product provide liquidity and connectivity to LN)

>Another critique is routing which we believe could be solved with enough incentives, even if it deploys as few well connected hubs there’s constant tech and innovation happening to optimize. Raiden has a built in “pathfinding” feature that addresses this for example,& there’s so much talent and diff teams working on open source off chain scaling whether within ETH or BTC forked coins if one finds a breakthrough others will adopt

>it’s very easy to point a finger at an emerging network and critique it. You can look at any new invention in history recent or otherwise and see the same pattern. When they invented the telephone there was probably no realistic way to scale it, but they did, literally mapping the world with cables. Same with automobiles (no roads to drive on), internet (very slow low bandwith), microprocessors, and this critique of “cant scale” applies to every single crypto/ blockchain that has ever existed.

>The foundation of the technology works and is proven, off chain layer 2 is an easy safe way to decongest layer 1 of blockchains so we feel good about it especially with all talent and teams working on it

[Anonymous No.21349428]

>>21349243
Get a load of this retard. This is the same sort of guy who told you ETH would never get off the ground.

[Anonymous No.21349860]

>>21348762
Will XSN include all the shitcoins from Uniswap and with 0 gas fees?

[Anonymous No.21349924]

>>21349860
Yes. It'll be Uniswap in flawless and cross-chain with BTC and XMR support

[Anonymous No.21350005]

>>21349924
You still need to pay the gas fee to take it back on chain lmao. I dunno why you’re all getting hyped up about this.