The only DEX capable of lightning - Stakenet

[Anonymous No.23920344]

There is no other DEX that can perform lightning swaps. Not a single one. Stakenet DEX is the only project capable of this feat as they build this tech from the ground up. Other 'dexs' wish they could be what stakenet has already built.

XSN is the future of trading.

[Anonymous No.23920365]

>>23920344
Checked. Stakenet also helped the litecoin foundation with their lightning network. Stakenet has heavy experience in layer 2 technology, they are even working directly with the raiden team.
>https://old.reddit.com/r/raidennetwork/comments/huj2fa/git_weekly_update_127/

[Anonymous No.23920392]

A lot of other projects claim to be a superior 'dex' but are severely lacking.

Take Nash for example, in their terms and conditions they state that they can freeze user funds are any time......... With Stakenet you control the private keys.

[Anonymous No.23920418]

Many other 'dexs' rely on sidechains or wrapped assets such as avax. This is a far inferior method to layer 2 as sidechains and wrapping does nothing to reduce onchain network congestion and with wrapping you have 'trust' the entity wrapping the assets to do the right thing.

[Anonymous No.23920451]

Have a look at this webm, this is a proof of concept native BTC/ETH swap. This PoC was made several months ago to show that native swaps between BTC/ETH is possible through lightning + raiden.

[Anonymous No.23920468]

DELETE THIS RIGHT FUCKING NOW!

[Anonymous No.23920488]

Fudders will tell you that cz doesn't care about this project but that is untrue. Stakenet keeps cz up at night as he as regular nightmares regarding xsn. See pic related.
>>23920468
No, you had about 3 years to buy faggot.

[Anonymous No.23920517]

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

>How do I buy XSN?
https://i.imgur.com/13KzQ3n.jpg

>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

>XSN DEX Volume
https://orderbook.stakenet.io/monitor/xsn_btc

>Good Community site
https://stakenet.info/

>Masternode History
https://stakenet.info/masternodes/history

>Latest Development Update
https://medium.com/stakenet/xsn-core-update-nov-1-2020-b6f648d5bdcd

>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

[Anonymous No.23920546]

The above post is some great resources for anyone who would like to DYOR.
>>23920488
Checked again.

Pic related is a new ATH for the number for masternode. That means the amount of XSN locked up in nodes has also hit an ATH, despite the poor market conditions this is great news for stakenet as it shows that people are interested in the project.

[Anonymous No.23920583]

Bitcoin and eth will not go anywhere without layer 2 solutions. We've seen in 2017 and the mini defi run recently that onchain congestion skyrockets with only a small amount of usage. This has to be dealt with or crypto will not be usable. Stakenet aims to solves the congestion problem by using layer 2 methods such as lightning and raiden. Not only is stakenet far ahead of ALL competition but they are also helping the wider crypto space prepare for the upcoming GBR by adopting and making these L2 solutions usable.

[Anonymous No.23920624]

This webm shows the SIMPLE SWAP UI to buy LTC with BTC, as you can see the order also shows up on binance. Stakenet has an aggregator technology they developed called VORTEX.

[Anonymous No.23920654]

>>23920624
Not only is the SSUI normie friendly but stat page has also seen a recent ui update.
>https://orderbook.stakenet.io/monitor/xsn_btc

[Anonymous No.23920666]

All in all, stakenet is the only team developing layer 2 with a working product. They have vast experience from working with other team/projects such as litecoin and raiden.


And remember vortex go sucki sucki

[Anonymous No.23920684]

>>23920344
>>23920488
>>23920666
Ok checked and nice info drop op, byt seriously delete.

[Anonymous No.23920707]

[Anonymous No.23920804]

>DeFi for Bitcoin
we're gonna make it

[Anonymous No.23920906]

>>23920804
See that lightning pool stuff recently has made me even more bullish. I think people are severely underestimating how much work has been done on lightning.
>https://lightning.engineering/posts/2020-11-02-lightning-pool/

BTC defi will be amazing.

[Anonymous No.23921056]

>>23920906
Assuming ETH 2 comes out by EOY 2021 and DeFi/wBTC gives Lightning BTC a run for it's money, guess who's selling shovels and pick axes? The interop bridging platform that can communicate with both of them.

[Anonymous No.23921145]

>>23921056
>DeFi/wBTC
Won't wrapped btc be limited to onchain? And having to rely on who wraps it?

[Anonymous No.23921210]

>>23920344
Kyc?

[Anonymous No.23921227]

>>23920451
Kmd did this in 2018...

[Anonymous No.23921232]

>>23921210
No kyc.
>>23921227
I don't believe so, show me the proof.

[Anonymous No.23921307]

>>23921145
It's definitely got some limitations compared to LN BTC. The only reason I bring it up is that there's a healthy level of competition between proponents of LN and DeFi/wrapped assets. I remember articles bragging about how there was more BTC in wBTC than LN about a year ago. XSN, being capable of native interoperability both, stands to benefit the most imo.
>>23921227
Doesn't KMD do layer 1 atomic swaps though? I remember when AtomicDEX came out. It looked really cool, but I haven't heard a lot from those guys in awhile.

[Anonymous No.23921323]

>>23921307
*native interoperability with both

[Anonymous No.23921683]

[Anonymous No.23921770]

>>23921307
Yes world first atomic swap done on Komodo years ago. This was before lightning was invented though so can can do that. The price of just goes to show you no one gives a f*** about technology.

[Anonymous No.23921808]

>>23921770
I hope steaknet succeeds but it doesn't look like it right now. I'm here to make gains not invest in experimental technology and you should be too.

[Anonymous No.23922009]

>>23921770
I respect KMD. AtomicDEX was definitely a big step forward for accessibility. It was a lot easier to use than some of the older DEXs but it ultimately ran into the same problem that a lot of L1 DEXs did with low liquidity.
In late 2019, I was expecting to hear a lot more from them in terms of developments but it's gone somewhat quiet. I wish them well.
>>23921808
I disagree anon. The L2 model XSN has been building on all this time only becomes more and more relevant.
ETH integration, BTC/ETH swaps, and a trustless bridge between BTC and ERC20s (inc. stablecoins) is pretty massive.
Once this is implemented, it should be relatively easy to add additional coin pairs.
Some of us want to make Stakenet DEX the definitive LINK exchange as EtherDelta and IDEX both suffered unfortunate fates.

[Anonymous No.23922091]

>>23921808
You make gainz by investing in new tech that will be adopted. I think layer 2 is the correct way forward in crypto because of onchain congestion. Stakenet is st the forefront of this tech hence why i own xsn.

[Anonymous No.23922347]

>>23922091
Add to that, it looks like Uniswap is down right now.

[Anonymous No.23922435]

>>23922347
What do you mean? Like it's not working or something?

[Anonymous No.23922457]

>>23922347
Lmao, isn't it a real 'dex'.

[Anonymous No.23922487]

>>23922435
Codependence on Cloudfare
...but 4chan runs on Cloudfare...

[Anonymous No.23922500]

>>23922457
To its credit, it looks like they have some backup solutions that allow it to keep running in some form.

[Anonymous No.23923060]

>>23922500
Interesting. Are these publicly disclosed?

[Anonymous No.23923231]

>>23920344
ANOTHER stakenet scam thread. Wew.

Give it up. It's over.

Go look at the DMG chart. Then the Stakenet chart. Yep.

[Anonymous No.23923254]

>>23923231
>Comparing Dmg to xsn
Bro kys nigger. Fudding xsn is gay.

[Anonymous No.23923806]

>>23923231
lol dmg.

[Anonymous No.23923811]

>>23923060
There's another link in Uniswap's tweet that still works.
It says a lot about how a DEX is hosted.
Rather potent way to get the point across.
>>23923231
Have you ever stopped to think that maybe people make XSN threads just so that you come in and throw a tantrum like a 3 year old?
It's a mainstay.

[Anonymous No.23923865]

no one gives a fuck about lightning swaps. this is not a real problem anyone faces. and the gas fees problem is trivial compared to the "downloading a desktop application with extremely low liquidity and dated UI to do swaps without walletconnect instead of just using uniswap" problem.

[Anonymous No.23923945]

>>23922487
You know it runs on eth mainnet and you can interact with it without the website right? You can write a simple smart contact. It’s actually even better writing your own smart contract, because you can take advantage of flash loans and actually make decent money without having to wait for a shilled coin to moon.

Not that any of the Stakenet shills would know how eth works or anything like that, so whatever

[Anonymous No.23923994]

>>23923865
That's some major cope. Lightning is required for bitcoin to scale. Being the first platform to have working lightning swap is huge. Not to mention no one is even close to making lightning swaps a reality except for stakenet.

[Anonymous No.23924268]

>>23923945
Chill man. If you read any of the posts I made after that one, I gave them proper credit for backup mirrors and alternatives.
>>23923865
>download a wallet in 10 seconds
>avoid paying $40 gas fees and hope hope hoping that my swap doesn't fail
Kek. I think that's well worth it.

[Anonymous No.23924294]

>>23920707
That's not how you use this format

[Anonymous No.23924313]

>>23923254
Shilling it is also gay?

[Anonymous No.23924316]

>>23924294
Cope
>>23924313
Seethe

[Anonymous No.23924343]

>>23924313
>t. richard simmons

[Anonymous No.23924377]

18 confirmations and funds still not showing up in the cloud wallet. MNAAS takes like 35 xsn/day and I have <200 left. How many days does it usually take to send? It's always been pretty quick for me in the past.

[Anonymous No.23924435]

>>23924377
>35 XSN/day
That'd host about 30 masternodes at these prices.
Funds always showed up after 6 confirmations for me. Worse comes to worse, contact the team. It could be a side effect of the hard fork from a few weeks back.

[Anonymous No.23924526]

>>23924377
nvm, looks like 32 minutes. Guess we really are the next bitcoin now.25 confirmations before it finally deposited.
>>23924435
Must be, it's never taken this long before. Still faster than ETH at least. Just highlights how important L2 is I guess. Wouldn't help here, but once you get used to instant anything more feels like an eternity.

[Anonymous No.23924546]

>>23924526
Lmao that fucking meme

[Anonymous No.23924621]

>>23924526
Kek'd. Sending to XSN Cloud has always been pretty slow to be fair.
Sending to the Core wallet or the DEX, it usually transfers in a few seconds

[Anonymous No.23925478]

bump

[Anonymous No.23925550]

>>23924526
anal is disgusting

[Anonymous No.23925657]

>>23925550
Most based anon in this thread.

[Anonymous No.23925886]

Remember when they did a hard fork to enable staking from cold wallets, but then scrapped the idea after the HF? You still can't stake from ledger. LOL

[Anonymous No.23925919]

whoever is in charge of the operations, should be sent to a gulag immediately.

[Anonymous No.23925933]

>>23925550
True.
>>23925886
>scrapped the idea
No they didn't. They're embedding it into the MCLW.

[Anonymous No.23925984]

>>23925933
>They're embedding it into the MCLW.
Sure they are. Why is it not available on the closed beta then?

[Anonymous No.23926019]

>>23925984
... Also it was clearly implied that this feature would be available immediately after the HF. Now it's, what, 8 weeks and still nothing? Just shows you how out of touch the "management" is in regards to actual development. I'm beginning to think Diaper has almost 0 communications with the Ukrainian devs.

[Anonymous No.23926072]

>>23925984
>>23926019
Cold staking has been greenlit from Trezor devices since the HF. Ledger cold staking will likely function in a very similar way. It probably won't be all too much longer.
Same goes for ETH integration.

[Anonymous No.23926085]

why did they remove linkedin profiles from the team site?

[Anonymous No.23926105]

>>23926085
Maybe they got tired of you stalking them?

[Anonymous No.23926139]

>>23920583
>We need atomic-quantum gold bars that can be split instantly without melting and punching smaller coins or gold will go nowhere.
"If you care about fees, you aren't transferring enough money" - Michael Saylor

[Anonymous No.23926178]

>>23926139
Nice cope faggot. Bitcoin needs layer 2 to scale.

[Anonymous No.23926193]

>>23926178
It really doesn't though. Coinbase and paypal are centralized layer 2 solutions. They have internal databases that swap coins off chain. They are very fast and reliable.

[Anonymous No.23926196]

>>23926139
I like how that logic somehow doesn't apply to Western Union vs. on-chain BTC, but does apply
to on-chain BTC vs LN BTC.
The same principle can be applied to wait times.

[Anonymous No.23926224]

>>23926196
Why would I use Western union to transfer my gold bars? I can just mail someone a nano ledger. Oh wow, FedEx is my next day layer 2 solution.

[Anonymous No.23926283]

>>23926193
>Just use a cex
Kys retard. Paypal doesn't even let you withdraw.

[Anonymous No.23926304]

>>23926085
Because its a jeet scam
There is a reason this never went anywhere, because the tech is shit and centralized.

[Anonymous No.23926305]

>>23926224
Why would you transact on layer 1 - either with BTC or ETH - when there are faster, cheaper solutions?
Surely fees and wait times are a big incentive for using BTC as opposed to doing a wire transfer. L2 offers a similar incentive. Instant tx and much lower fees than L1.

[Anonymous No.23926386]

>>23926305
I'm just saying they aren't needed. and btc doesnt *need* to scale. Would be great if it did, and I'm sure people will make money doing it. But it isnt required for 10 trillion market cap.

[Anonymous No.23926414]

>>23926386
It needs to scale. People don't like paying $50+ network fees. Without scaling the price is serverly limit.

[Anonymous No.23926466]

>>23926386
Nonsense. If it didn't need to scale, you wouldn't have had the chaos of 2017 - half-day wait times, absurd fees, multiple schisms (BCH->BSV), dozens of coins claiming to be "BTC killers" with infinite TPS... Same thing applies to ETH.
On-chain BTC is like IPv4 in that it's tx pipeline, like the number of IP addresses, is a rather finite space that's aggressively competitive. LN offers a subnet-like solution that can effectively offset that burden while allowing far more participants to contribute.
Use of L1 should be as well-optimized as possible, specifically for very large sums of money. Miners can stand to make plenty of money. Without L2, people will get frustrated with high fees and long wait times again.

[Anonymous No.23926492]

>>23920488
>her assets
pozzed soiboi doesn't even deserve a reply

[Anonymous No.23926518]

>>23926414
>>23926466
>fees
Thats why they will just use paypal. Not a single friend of mine owns their coins. Its not important to them.

[Anonymous No.23926597]

>>23926518
Majority of people won't be using PayPal once they realise they cant withdraw. Even using PayPal, there will still be network congestion and expensive fees.

[Anonymous No.23926757]

>>23926518
>if you care about fees, you aren't transferring enough money - L2 is irrelevant
*shuffle cards
>paypal and coinbase use L2 - XSN is irrelevant
*shuffle cards
>people are only going to use paypal and coinbase
*shuffle cards
Uniswap was extremely popular despite its shortcomings and DEX traffic has skyrocketed this year. If XSN delivers the definitive DEX they've been building, it will do very well.

[Anonymous No.23926837]

They can’t figure out the eth key management. FACT.

[Anonymous No.23926845]

>>23926837
False.

[Anonymous No.23926848]

>>23926837
>jew id
Kek strikes again.

[Anonymous No.23926854]

>>23926597
I'm all pro XSN, but withdrawal will be enabled on Paypal, they changed it. Just to get that straight

[Anonymous No.23926869]

>>23926854
>withdrawal will be enabled on Paypal, they changed it. Just to get that straight
Proof? I don't believe they changed it.

[Anonymous No.23926878]

>>23926854
XSN turks always using smoke and mirrors.>>23926845

[Anonymous No.23926884]

>>23926854
https://www.paypal.com/us/webapps/mpp/ua/cryptocurrencies-tnc

>>23926878
Fuck off jew.

[Anonymous No.23927076]

>>23926878
there is not a single masternode in turkey

[Anonymous No.23927125]

>>23927076
They don't have any legit FUD other than throwing bitch fits in-between releases, making shit up, or screaming pajeet/turkroach.
>months leading up to DEX release
>i-it's vaporware
>DEX comes out
>i-it has low volume
>volume surges
>i-it's bots
we are here
>ETH integration done
>w-where's Hydra? they said it would be done in 2012 - SCAM
I don't think anyone is retarded enough to fall for it at this point, but it doesn't stop them.

[Anonymous No.23927135]

>>23927125
They are now saying that bitcoin doesn't need to scale and to use a cex...

[Anonymous No.23927256]

>>23927135
It makes sense come to think about it.
Most of these ERC DEXs that popped up in the last 4-5 months had ICOs and immediately ended up on a dozen big exchanges (which, btw, made almost 0 difference for them).
If they could afford to grease the wheels like that, they could probably afford to pay shills to attack legit projects like XSN on top of it.
If that's not the case and they're -actually- spend this of their much doing time it for free? Fucking kek. I can only think of one or two people who would be that obsessed, and they sold XSN at or very near the absolute bottom.

[Anonymous No.23927258]

>>23927125
>DEX comes out
Literally has not happened. It’s in eternal development hell, “beta, soon to be publicly released” as they say. Turknet Mastercope.

[Anonymous No.23927266]

>>23927258
The jew poster cries out in pain as he fuds.

[Anonymous No.23927272]

>>23927256
Yeah it's pretty annoying, all these shitty 'dexs' eg. falcon swap, etc.

[Anonymous No.23927279]

ITT: 2 turkroaches having a battle of the bags. Trying to convince each other that their investment is sound and everything is going great.

[Anonymous No.23927305]

>>23927279
IIT 1 fudder grasping at straws desperately trying to convince /biz/nessmen that he is saving them from a 'scam'.

[Anonymous No.23927503]

>>23927279
Jew

[Anonymous No.23927537]

>>23927272
Kek. Yeah, it's a new one every other week. Might as well be some Saturday morning cartoon from the 70s or some shit.
>>23927305
You can tell he really really wants attention too.

[Anonymous No.23927744]

>>23927537
I guess all the xsn threads lately have been getting to them.

[Anonymous No.23927761]

I’m ready for XSN $100

[Anonymous No.23927781]

Two turks have written 90% of the messages in this thread. This is fine.

[Anonymous No.23927821]

>>23927781
One jew has written over 90% of the fud on all xsn threads. This is fine.

[Anonymous No.23927933]

XSN $100 2021

FUCK PAJEETS
FUCK TUCKROAHCES
FUCK BINANCE
FUCK THE FINANCIAL SYSTEM

MUHAMMAD TONGUE MY ANUS

[Anonymous No.23928222]

>>23920517
sending the articles to my ereader for later reading

[Anonymous No.23928238]

>>23928222
dedicated, took me like 6 months to get through them

[Anonymous No.23928249]

>>23928222
Checked, there is more stuff to read if you can find them btw.

[Anonymous No.23928401]

>>23923231
they're desperate

the turks are salivating over their pump and dump scheme sneaky bastards

[Anonymous No.23928409]

>>23928401
>1 post by this id
>muh turk fud
Not a single node is hosted in turkey

[Anonymous No.23929481]

>>23928409
lulz

[Anonymous No.23929548]

>>23928409
>Not a single node is hosted in turkey
misleading
/mJsˈliːdJŋ/
adjective
giving the wrong idea or impression.
"your article contains a number of misleading statements"

[Anonymous No.23929796]

>>23927933
checked.

we gonna make it

[Anonymous No.23930426]

>>23927744
>>23927933
>>23928222
Checked.
>>23929548
I checked the map for autism's sake. There are 11 MNs hosted out of Turkey. Out of 2702 masternodes that represents 0.4% of the total network.
I'm gonna tally the MN count by nation again, just for the fun of it.

[Anonymous No.23930778]

>>23930426
We got room to grow in China

[Anonymous No.23930879]

MN representation in terms of percentages.
United States - 40.5%
Germany - 14.5%
Japan - 10.8%
Netherlands - 6.1%
France - 5.7%
United Kingdom - 5.6%
Australia - 5.4%
Singapore - 3.7%
Canada - 3.3%
Finland - 1.1%
Italy - 1%
Ireland - 0.4%
Turkey - 0.4%
Lithuania - 0.2%
New Zealand - 0.2%
Poland - 0.2%
Slovenia - 0.2%
Belgium - 0.1%
Switzerland - 0.1%
Bulgaria - 0.1%
Estonia - 0.1%
Hong Kong - 0.07%
South Korea - 0.07%
Ukraine - 0.07%
Norway - 0.03%
Denmark - 0.03%
India - 0.03%
Moldova - 0.03%
Russia - 0.03%
>Margin of error .06%

[Anonymous No.23930959]

>>23930879
>Turkey - 0.4%
ah fuck they caught us.

YOUR RIGHT WE WHERE THE TURKS ALL ALONG YOU HAVE UNCOVERED OUR SCAM.

[Anonymous No.23930996]

>>23930879
WHITE COIN
H
I
T
E

C
O
I
N

+ Turkey

[Anonymous No.23931308]

>>23930879
lots of those MN might be on VPS so their distribution might not really tell where the owner truly lives
still
>Germany - 14.5%
that's a big share of turks already

[Anonymous No.23931500]

>>23930879
Typical XSN liar at it again. Those are the _server_ locations you fucking imbecile.

[Anonymous No.23931787]

>>23923865
>extremely low liquidity
wrong
>outdated ui
subjective and irrelevant

[Anonymous No.23932430]

>>23931500
So, in other words, what you're trying to say is that there aren't any MN owners in Turkey and that a tiny few just happened to be located there? Ok, if you insist.
Checked.
>>23931308
kek