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23937258 No.23937258 [Reply] [Original]

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.

>> No.23937265
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23937265

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/

>> No.23937272

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.


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.

>> No.23937288
File: 2.80 MB, 1280x624, btc-weth.compressed.webm [View same] [iqdb] [saucenao] [google]
23937288

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.

>> No.23937305
File: 1.58 MB, 1680x1336, file.png [View same] [iqdb] [saucenao] [google]
23937305

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.

>>23937288
Checked.

>> No.23937313

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

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

>Whats the easiest way to set up a Masternode?
[YouTube] Stakenet (XSN) - Masternodes-as-a-Service (MNaaS) Setup Walkthrough (embed)

>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

>> No.23937321

>>23937258
What about THORchain? Just seen some gayboy post about it? What is it?

>> No.23937331
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23937331

The above post is some great resources for anyone who would like to DYOR.

>>23937321
No it's just another piece of trash.


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.

>> No.23937334

>>23937321
>>23937305
yeah what is THORchain?

>> No.23937346
File: 1.56 MB, 640x360, SSUIbinance.webm [View same] [iqdb] [saucenao] [google]
23937346

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

>>23937334
See >>23937331

>> No.23937368
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23937368

Pic related is the number of masternodes. Despite the poor market conditions the masternode has been increasing which is great for stakenet as it shows that people are interested in the project.

>> No.23937373
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23937373

>>23937346
Not only is the SSUI normie friendly but stat page has also seen a recent ui update.
>https://orderbook.stakenet.io/monitor/xsn_btc

>> No.23937380
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23937380

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

>> No.23937408
File: 612 KB, 900x900, mybuttholeforstakiesonly.png [View same] [iqdb] [saucenao] [google]
23937408

>>23937321
>>23937334
Thor chain and other 'dexs' are projects that wish they could be stakenet. A lot of 'dexs' have popped up recently (eg falcon swap) after seeing some of the videos stakenet has made. Expect to see stakenet 'killers' next year.

>> No.23937441

>>23937408
Fair. XSN $xxx 2021

>> No.23937462
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23937462

>>23937408
I dunno man. I was interested until you posted cuck stuff. Now I'm looking at everything you've posted in a new light

>> No.23937518

>>23937462
Cope. The project in pic related deserves it after stealing hydra. Fuck them, you would too.

>> No.23937541
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23937541

XSNEED

>> No.23937554

>>23937541
Kek and based

>> No.23937609
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23937609

Gonna get my 12th masternode boys, all from rewards from my other nodes.

>> No.23937637
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23937637

I didn't have to manually open the channels this time so the SSUI has seen improvements since I last used it. Although btc itself is still slow, in the future the options to use channels that are already open is a possibility.

>> No.23937640

>>23937609
Nice. I got my 11th last week.

>> No.23937805

I am half black/half indian and I own a stakenet master node.

>> No.23937870
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23937870

>>23937805
Based, you will make it.

>> No.23937964

>>23937805
M u m b a i Millionaires
u
m
b
a
i

>> No.23938213

>>23937964
Sirs please buy for my village.

>> No.23938324

sir, let me tell you about this gem called shitnet

>> No.23938602

>>23938213
Based ranjesh bringin the cash
>>23938324
>t. homosexual pseudo-intellectual

>> No.23938779
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23938779

>> No.23938981
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23938981

it's gonna happen

>> No.23939229

>>23937288
I heard people in the testing group have constant trading issues where every trade fails for months and still not fixed? That the ui swap is so buggy and unusable.

>> No.23939266

>>23939229
There has been some swap failure which the devs are working to completely remove (hence the open beta). The ui is pretty smooth however. If you meant SSUI then yes, it's had some issue which is why it's in the closed beta group before going to the open beta.

>> No.23939460

>>23939229
I haven't had a swap fail on the DEX itself since 2019. When the back-end auto channels were first implemented into the SSUI about 7 weeks ago, I had a few swaps fail but a fresh install fixed it. No troubles on my end since.

>> No.23939563

Can I buy HEX in this DEX? And how much for the fees, in comparison to UNI?

>> No.23939582

>>23939563
Eth trading hasnt been added just yet, but in the future you should be able to buy most eth tokens.

How much are uni fees? Fees on layer 2 are pretty cheap, the most expensive part of fees would be bitcoin.

>> No.23939602

>>23939582
Thats true, the UNI fees are cheap, its the fees from Metamask which are heavy.

>> No.23939614

>>23939602
The biggest issue with fees on onchain dexs is congestion. The more network activity the more fees will be for uni, eg the mini defi run.

>> No.23939656

>>23939614
This is agravated in Metamask.
If you swap through there, it can reach up to 2 dollars, whereas is half a dollar directly through UNI.

>> No.23940153

>>23939656
Weren't fees like $40 a few months ago?

>> No.23940442

>>23940153
They were a lot higher through July and August

>> No.23940949

MN count grows

>> No.23941651

>>23940949
Gonna get another one this week.

>> No.23941679

>>23937334
A project which the xsn shills don’t like to discuss or even acknowledge its existence. In absolute denial, because it’s a direct competitor, but unlike XSN, it has actually gained real traction, as evident by the 10x marketcap.

>> No.23941710

>>23937408
>wish they could be stakenet.
See, this is your typical answer to people pointing out that XSN has direct competition, which in many cases are further in development than XSN, e.g. RUNE

>> No.23941723

>>23941710
Thor chain is another shitcoin that does nothing to fix the dex problem. If it uses wrapped assests, side chains, or layer 1 then it's garbage.

>> No.23941751

>>23941723
You don’t even know how it works, yet you claim “it does nothing to solve the problem.” You seem to be married with XSN, and thus completely incapable of any real scrutiny of xsn.

>> No.23941756

>>23937258
Yawn Buy Bitcoin. Hodl forever. It's that easy. Altcoins are a shit distraction from the king. DCA up or down. Don't play with your money.

>> No.23941772

>>23937258
$50 Amazon Gift Card (Free & Verified)


https://twitter.com/tjeezyyy/status/1325751889934209024?s=19


I'm doing a minimum $50 giveaway every episode and as sponsors increase so will the prize amount. Something big planned for Episode 10.

All draws verifiable thanks to Random.org's third-party paid drawing service and made readily available.

Who doesn't like free?

>> No.23941812

>>23941751
Cope. Loki, thor, falcon etc all shit coins.
>>23941756
Xsn helps Bitcoin. Imagine earning interest on Bitcoin (not wrapped btc)