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

/biz/ - Business & Finance


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22939349 No.22939349 [Reply] [Original]

where is v4.0.4? It has been four weeks since "very soon". Like all previous updates, I'm just waiting to see how they'll dilute this somehow.

>> No.22939479

>>22939349
You might not be used to a crypto project making an actual, usable product, and not a speculative prospect, but making good software and technology takes time and is better not to be rushed.

>> No.22939595

>DEX public *release
*Beta link posted to discord
>Coin staking & *masternode management from HW wallets
*Only staking possible, and a botched core wallet release
>Order aggregation from *Binance
*Livecoin
>Mobile wallet *done 6 months ago
*Not done, not released
>Raiden support and one-click swaps
?????

>> No.22939692

>>22939479
>and not a speculative prospect
lmao maybe then they should stop doing announcements of announcements.

>> No.22939719
File: 9 KB, 231x218, jopark.png [View same] [iqdb] [saucenao] [google]
22939719

>i didn't announce September!!!

>> No.22939838

>>22939349
The problem i polkadot + arbitrium and chainlink

>> No.22939890

>>22939838
Not a problem, people care about what comes firsts, arbitrum and chainlink won't see a usable product in at least 6 months, and that's if someone decides to build a dex using them.

>> No.22939936
File: 220 KB, 601x602, beang.png [View same] [iqdb] [saucenao] [google]
22939936

>>22939349
I did your due diligence for you and scanned the team's messaging on V4.0.4.
First mention of it being worked on is three weeks ago; no 'very soon,' but they have released updates showing that they are working on it. Nice try.

>> No.22939975

>>22939936
You mean the gif where some graphics are moving?

>> No.22939992

>wen raiden?
Devs: Soon™

>> No.22940042

>>22939992
not coming in 2020. If it was, they'd be shilling it on twitter every single day.

>> No.22940241

Thank you for FUDing, you absolute brainlet.

>> No.22940308

>>22939349
Fuck xsn devs
Every week they shout "soon" its fucking tiresome

>> No.22940332

I remember when this was .50
Now it's bleeding out at .17
Maybe I'll buy in around .08, no reason to think it's going up anytime soon or even this year

>> No.22940436

>>22940308
They literally meme soon better than anyone in this thread. Devs are unphased by fudders. The fact that you pretend they actually string people along shows you don't actually hang out in our Tranny Discord.

>> No.22940461

WHAT THE FUCK WAS THAT?!?

>> No.22940478

>>22940332
Oh my fuck.
If prices went that low I would probably take out a loan...

>> No.22940727

>>22940478
people have been coping like this since 4k. discord was full of people "taking a loan" if it goes >2k, kek.

>> No.22940755

>>22940727
<

(piece of shit wallet)

>> No.22940906

>>22940727
So, the entire crypto market has been performing flawlessly this entire time and XSN dropping like a stone through water was completely unique in comparison to the rest of the market, right?

>> No.22940984

>>22940906
same old defense lifted straight from the discord. XSN started dumping weeks prior to the market taking a turn for the worse. It just keeps going down with little to no recovery.

>> No.22941027

what is the actual volume on Livecoin, if the washing-bot was turned of? I assume it's around 0.5 BTC

>> No.22941073

We get it, anon.
All of us want to accumulate too.
Is this desperate FUDing really worth your time?

>> No.22941227

POSW Coin

>> No.22941311

>>22941073
>All of us want to accumulate too.
lmao quite the opposite, price action says NO ONE wants to accumulate.

>> No.22941329

>>22939349
They're doing a hard fork to enable TPoS cold staking. This involved updating the core wallet, MN, and merchant nodes. It would be pretty retarded to push out 4.0.4 in the middle of that when it would only convolute the migration to the new fork.
The upgrades are slated to be finished by October 8. I expect to see the new UX and Raiden integration shortly after that.

>> No.22941453

>>22941329
>and Raiden integration shortly after that
I think we need to define "shortly" here. XSN is now delivering what was in their 2018 roadmap for that year, so shortly could be 2022. Raiden doesn't work on Windows.

>> No.22941619

>>22941311
>>22941453
We can always tell when you're FUDing so that you can accumulate.

>> No.22941756

Its never coming youve already been rugged. devs left at 50 cents. big brains left at 40 cents.

>> No.22941867

>>22941453
I think one thing to point out about the 2018 roadmap was that it was made at a time before the bear market kicked in and alts lost 95%+ of the wealth invested in them.
A lot of alts much larger were erased by the bear market. XSN, by contrast, kept developing but on a shoestring budget. Their efforts back then were truly commendable. I know some old whales were upset that development didn't happen as fast as it would have with lots of CEX money. One even ragequit and sold his MNs at 3 cents.
I started buying up a lot of XSN in early 2019.

Raiden can currently be run on Windows with some extra steps, but I agree that most will not go out of the way to use it and a native port is essential. X9 and the Raiden devs both have a lot of experience porting between different platforms (Raiden on OSX/Linux, XSN on Windows/OSX/Linux), so I don't see that being an issue.

>> No.22941994

>>22941867
less funds for team = slower progress
only brainlets aren't prepared to wait until this thing really shines.

>> No.22942165

>>22941994
>less funds for team = slower progress
How is this a good thing? Devs minted 7 million XSN (yeah) in 2019, so they're not exactly poor.

>> No.22942377

>>22942165
The devs proposed a budget to the MN owners asking for an emergency fund after 18 months of hardcore development in the bear market.
It was probably the most controversial MN vote XSN has had and it was talked about/fudded similarly on here at the time it happened.
I liked the progress made on XSN/LTC LN swaps at the time so I voted in favor of it.

>> No.22942416

>>22941867
>7 million freshly minted coins
>shoe string budget
>at 0.05c the team of 6 people earned around 300k for a year of doing nothing

>> No.22942476

>>22942416
inb4 "hey guys, we need another 7 million, vote YES!". Repeat until it's 2030. Kek'd at the thought of them not being able to release any bugfixes on the DEX, since it's on v4.0.3, and literally would force them to backpedal if they want to do a new "typo fix" update.

>> No.22942519

>>22942377
>the most controversial MN vote
yeah, only 99% voted yes.

>> No.22942683
File: 85 KB, 862x1092, scam_map.jpg [View same] [iqdb] [saucenao] [google]
22942683

>> No.22942693
File: 478 KB, 777x897, xsn.png [View same] [iqdb] [saucenao] [google]
22942693

>>22942416
>Six people working on revolutionary technology splitting 300k a year.
Cope. That is shoe string.
>>22942476
Coins delegated for development are not minted, they are put into a fund every block and released when holders vote on it. People who have invested the most in the coin have shown where their faith lies. If anyone reading this thinks Pajeet larpers on biz have a better read on the situation then they are dumb coomers, plain and simple.

>> No.22942724
File: 213 KB, 1555x315, director_of_scam.jpg [View same] [iqdb] [saucenao] [google]
22942724

this guy is the head of marketing at XSN, uhh-ohh.

>> No.22942788

>>22942416
The budget proposal came in the second half of 2019, again - 18 months after initial development started and some time after capitulation.
>>22942476
>>22942519
You are just here to nitpick, magnify, whine, and slander. None of your questions or posts are genuine. Either you capitulated and you slander XSN everyday to justify your poor investment decisions, or you're just fudding to accumulate.

>> No.22942862

>>22942724
>He wants a nerd who doesn't know how to gamble to market his coins.
So you're telling me a shitcoin gambler is now attached to a single project for multiple years? Seems bullish. If XSN was run by scammers the team would have exited a long time ago - you could have made at least 5 ERC-20 shit tokens in the time it took X9 to put together their one of a kind network.

>> No.22942920

>>22942693
if you think the devs didn't immediately converted the 7 million XSN to masternodes, you're completely delusional. That's 466 masternodes right out of the gate. Devs are probably operating ~1000 masternodes, a nice 250k XSN every month, or ~20 new MN's every month for the devs. Are you getting how this game is played?

>> No.22942956

>>22942862
-Yankee Ruin X

>> No.22943059

>>22942920
So you're telling me that the devs invested all their funds into their own project. And you're also telling me its a scam. Funny, I feel all the fudders would still be telling me its a scam if the devs took the 7 million and cashed out immediately. Somehow the developers of a project heavily investing themselves in it doesn't bother me very much.

>> No.22943221

>>22939890
T-sig and Arbitrium is coming end of the year

>> No.22943269

>>22941027
>I assume it's around 0.5 BTC
Based on what o you say that?

>> No.22943297

>>22941311
>price action says NO ONE wants to accumulate
explaine why lmao.. the entire market i crashing

>> No.22943356
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22943356

>>22943269

>> No.22943384
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22943384

>>22943297
Absolute state of fudders. I'd respect them a lot more if they were just honest about trying to supress the price. The fudders (for the most part) and the shillers are both after the same thing, more XSN, its just that one group bought their stack and the other group hasn't yet - and we do this dance to try and make the number go up or down.

>> No.22943594

>>22942476
>implying
funds are locked until node owners vote to release. they get ~90,000 xsn per month to spend on dev salaries, development expenses, compute space, and ancillary expenses. that's a pretty slow burn rate. they're not gonna go through 7m anytime soon at that rate.

>> No.22943617

can't wait for that next announcement of an announcement. What's it going to be? Maybe Ethereum running on the XSN network? Wow, amazing!

>> No.22943771

Someone on discord should ask about the price manipulation "whale channel" that's moderated by the devs. They don't like to talk about that anymore, for some reason?

>> No.22943781

>>22943617
did you ever hold xsn?

>> No.22943832

>>22943771
people asked about it earlier this week. it's whatever, nobody pretend it doesn't exist or that it's taboo. it's for early investors and large holders to have some project influence.

>> No.22943860

>>22939936
yo this fucking shit coin actually got me into crypto back in 2016/17

>> No.22943873

>>22943059
there's no need for the xsn coin. you don't need it to use lighting, you don't need it to interact with raiden. the only reason they created xsn (same as almost every other btc fork) is to be able to make money lol. there's just no point in denying it. the devs could ask again for 500000million xsn to be minted, of course the masternode vote would be yes lmao. it's always going to be yes, decentralized organizations are a fucking meme lmao.

>> No.22943982

>>22943873
>approve this or we will pull the rug
yeah, they could literally mint a billion XSN tomorrow and MN holders would have no choice but to vote yes. That's why minting 7 million new XSN was so fucked.

>> No.22944056

>>22943873
>more lies
tokenomics are well defined. the coin is integral to hosting the dex, and trade fees are paid in xsn.

>> No.22944127

>>22943873
...so why are you here? you're clearly a bitcoin millionaire just shit posting right?
because BTC is literally the only crypto project that was delivered as a decentralized product.

>> No.22944136

>>22943873
XSN's core purpose is to bridge at L2 in the same way BTC's intended purpose is in functioning as P2P cash and ETH's is in executing smart contracts.
It got to work on an L2 solution early on, and now L2 is becoming increasingly important.
I would argue that ETH and BTC are capable, but not ideal, platforms for L1 atomic swaps.

>> No.22944137

>>22944056
>integral to hosting the dex, and trade fees are paid in xsn.
literally none of this is true.

>> No.22944153

>>22944056
but it never had to be created in the first place. it's not needed for a lightning swap, and it's not needed to interact with raiden. the dex could have been built open source without the xsn coin. contributions to lightning or something they could have said.
just saying, it's literally only there to make money. it serves no other purpose. it's not like monero or btc which do things. hell even the transaction costs are creeping up just now, if you send xsn from the core to the light wallet you can see this because it's literally dash code. lmao

>> No.22944199

>>22944136
but this isn't true, it's not needed and has zero interaction when you do a btc/ltc swap on the dex. if it was a bridge, there would be wrapped assets (like stated in the stakenet whitepaper) but this isn't what's happening now.
> executing smart contracts.
literally no smart contract programming language exists that can run on xsn's network just now. so yeah, how's that gonna work?

>> No.22944228

>>22942683

Scammed people with POSW

>barely delivered on a roadmap from 2018
ALL IN.

>> No.22944393

>>22944199
Nonsense. Do you realize how difficult it was to do manual atomic swaps on Lightning before Stakenet drastically simplified it on multiple platforms? X9 refined LN swaps from something arguably experimental, developed upon it significantly, and made it something you can download right now and perform swaps with.
>literally no smart contract programming language exists that can run on xsn's network just now
TPoS contracts and code-agnostic dApps (i.e. the DEX) say otherwise.

>> No.22944435

>>22944199
>more fud
market takers pay trade fees, fees which get used to market buy xsn. 90% goes to nodes hosting the dex hubs.

>> No.22944462

>>22944137
op you didnt answer my question did you ever hold xsn?

>> No.22944475

>>22944393
Nonsense. Do you realize how difficult it was to do manual atomic swaps on Lightning before Stakenet drastically simplified it on multiple platforms?
.... right, but still you don't need the xsn coin. the actual xsn coin is not involved in that process.
>TPoS contracts and code-agnostic dApps (i.e. the DEX) say otherwise.
aight man, tpos isn't a smart contract. it's actually quite dumb. it's like 20 lines of code or something from what i can see.
>code-agnostic dApps (i.e. the DEX) say otherwise.
the dex itself isn't code agnostic lmfao. holy jesus.

>> No.22944476

>>22943873
You a coin for for a decentralized orderbooks to run an exchange. XSN is a decentralized cross chain swap that is scalable past wrapped assets and Etheruem 2. Every expert knows that L2 is necessary, Stakenet is combining the need for a DEX with the need for scalability, and the DEX is just the first DApp on the network.

>> No.22944532

>>22944153
>b-b-but the only reason it exists is to make money!
what even is your argument anymore? yes, the dex is designed to make money for its investors and developers. what's your point?

>> No.22944538

>>22944476
again, the coin didn't have to be created. it's not needed for anything else than making money. the swaps happen without the xsn coin/blockchain.
>>22944435
right? so it's made around making money? the coin is not needed to do a lightning swap, and it's not needed to integrate with raiden. it's ONLY there to make money lmao, everything you keep replying with backs this up.

>> No.22944584

>>22944538
I'll say its refreshing to argue with a genuine midwit rather than an intentional fudder. But you are being extremely stupid - go read the whitepaper as it seems you don't understand the full scope of the project.

>> No.22944587

>>22944532
that the coin is not needed, and the only reason it was created is to make money. that's why no one really talks about it. it's shady as fuck in that regard. just saying, could have done everything they've done so far without the xsn blockchain. to give contributions to l2. but they had to find a way to walk out with their pockets loaded i guess.

>> No.22944609
File: 112 KB, 645x957, art.jpg [View same] [iqdb] [saucenao] [google]
22944609

>>22944584
snippet from the amazing whitepaper

>> No.22944618

>>22944584
why would i go (re)read the whitepaper when it's 15 pages of shite and entire pages are obsolete?
>see, tokenization paragraph.
have you even read the whitepaper lmao? there's nothing in it to fucking read.

>> No.22944648

>>22944609
>>22944618
out of date and cope

>> No.22944649

>>22944538
>it didn't have to be created
neither did eth. miners could have been paid in gwei.

point being, abstraction of fees and ecosystem costs to an extensible currency that links it all together is just simpler to transact and interact with.

plus, given Master Node capabilities and plans to truly decentralize the dApp architecture, having a single extensible currency to link the dApp ecosystem just makes good sense.

>> No.22944715

>>22944475
XSN is directly involved in incentivizing it.
Do I have to dig up old arguments from 2019 and blow the dust off of them so it can yet again be explained how manually running Lightning channels for Bitcoin let alone Litecoin isn't profitable enough to justify? How this beckons mass centralization and "LN channel farms"? How masternodes can power a DEX and simultaneously provide liquidity for it? How holders who have and never intend to buy XSN reap the benefits of interchain swaps at very low fees or how the fees swapped into XSN for those who power the masternode network running the DEX?
Old arguments.
XSN's MN network is indeed code-agnostic.

>> No.22944725

>>22944648
it's your whitepaper man, might wanna update it if you want some investment outside of /biz/

>>22944649
>neither did eth. miners could have been paid in gwei.
>paid in gwei
lmao what? my dude, what's a gwei in your mind? pfft lmao.

>> No.22944774

>>22944725
You just admitted you have no idea what you're fudding. Easy to verify the document you posted is not the official whitepaper.
https://stakenet.io/Stakenet_Whitepaper.pdf

>> No.22944832
File: 47 KB, 493x217, thispart.png [View same] [iqdb] [saucenao] [google]
22944832

>>22944774
no no, that was another anon (you can check the id's on 4chan dude). however it is in the original (maybe the second iteration) of the stakenet whitepaper. i could find it, but i've no inclination to. it's been 2 years man, long time.

i, infact was talking about the tokenization part. which is still there. but all the shills for it hate talking about wrapped assets. that's because, the xsn blockchain is no longer used in bridging.

>> No.22944882
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22944882

>> No.22944929
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22944929

>> No.22944930

>>22944882
why wont you say whether or not you held xsn?
i think youre hiding something
whatever you do, dont listen to this anon

>> No.22944942

>>22944715
it's intentionally misleading fud
>>22944725
my point is that gas costs are an abstraction, and eth as a coin only has value as a representation of the computation costs. in that sense you could have used literally any coin to pay compute costs. they arbitrarily choose eth because VB wanted eth to have value so he himself could be wealthy with his premined 70 million stack.

>> No.22944967
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22944967

>>22944930
these amazing memes totally turned me around, a 360 on XSN

>> No.22944975

>>22944832
my point stands - not sure what your ramblings have to do with it.

>> No.22944987

>>22939349
Starting to lose patience bros. Other devs are doing what they want to do quicker and better

>> No.22945017

>>22944987
no they aren't - sell your stack and stop spreading tjoma if you're so worried

>> No.22945044
File: 254 KB, 681x438, just.jpg [View same] [iqdb] [saucenao] [google]
22945044

>>22944987
just HODL!

>> No.22945139

>>22944987
It's funny how people worry about XSN when it's like 2 steps away from having this full-fledged ecosystem because ICOs that are 12 steps away decided to do something similar.

>> No.22945217

The discord “memes” channel is the ultimate cringe-pill. If you can scroll through that without selling, I’m applauding you.

>> No.22945293
File: 91 KB, 600x700, holydex.jpg [View same] [iqdb] [saucenao] [google]
22945293

silence

>> No.22945350

Did Livecoin turn off the bots?

>> No.22945409

>>22945217
the anime girl is ok

>> No.22945415

Polkadot dex solves this

>> No.22945462

>>22945415
Are you the same LINK + Arbitrum anon from the other threads? Why is Polkadot factored into that equation now?

>> No.22945497

>>22945415
lol no it doesn't

>> No.22945871

>>22945462
>>22937041

>> No.22946522

>>22945871
XSN is capable of doing layer 1 atomic swaps, too. The initiative to do them on layer 2 in the short-term are greater.