/XSN/ Stakenet General

[Anonymous No.26013014]

$0.60 blitzkrieg edition

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

>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

>Developer updates
https://medium.com/stakenet

>Latest Development Update
https://medium.com/stakenet/xsn-core-update-jan-2021-1f2b1f585b58

>Hardware Wallet Cold Staking
https://medium.com/stakenet/trezor-tpos-guide-fb9ea90382fd

>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
>Ethereum Scalability Solutions, Connext and Stakenet | XSN Research
Scalability Solutions
https://medium.com/stakenet/ethereum-scalability-solutions-connext-and-stakenet-xsn-research-4edb29267bb6

[Anonymous No.26013105]

>>26013014
https://voca.ro/1UEBRxH8FQTE

[Anonymous No.26013139]

The momentum of the cryptocurrency space has snowballed exponentially over the past decade. Each market cycle to this point has brought a cornucopia of new strides and breakthroughs in blockchain technology. The rapid growth has led to immense profits for an uncountable number of long-term participants.

Adoption continues to spread with increased institutional backing and consumer payment channels. Indeed, all signs point to cryptocurrencies reaching a new plateau on the stage of global commerce. An essential question must be asked at this transitory junction in what appears to be the early stages of another bull market. How far will profit allow the underlying blockchain technology to deviate away from the roots of its essence and justification? There is no better source to reflect upon than the Cypherpunk Manifesto.

That which ages among the best is that which only becomes more biting and significant over time. Originally published by Eric Hughes in March of 1993, the Cypherpunk Manifesto has a short, sweet, and directly to the point message with an especially understated foresight about it that’s decades ahead of its time. It is a must-read for any digital native. It emphasizes the essence of digital privacy, decentralization, censorship-resistance/immutability, and the freedom to remain anonymous at-will. It argues that these principles be made manifest for any form of communication or commerce. Its backbone lies with every individual coder who cherishes the fruits of civil liberties and dares to counter and obsolete the many intrusive and invasive forms of technology with open-source, cryptographically effective solutions for the greater good of society.

[Anonymous No.26013200]

>>26013139
These were the principles that Bitcoin was constructed with and designed to honor. While its inherent technology stays true to this nature (mining aside), the infrastructure that has been built up around it is flawed by design and sacrifices a good number of strengths and freedoms. Most notably are the many vulnerable points of exchange run by central authorities on trust where funds are at risk to be frozen or stolen, KYC (know your customer) policies, and the traceability, restrictions, and risks that come from these two points.

Shortly after BTC found a value that could be directly pegged to the USD (and with the USD, every global currency), a number of exchanges offering trade between the two opened for business. The first of these exchanges was the infamous Mt. Gox which implemented KYC policies by 2011 before exit scamming in early 2014. KYC policies were initially introduced to comply with the many regulations regarding the exchange of various fiat currencies for crypto in addition to demanding a deeper sense of customer accountability. Up until the point that they were introduced, the only sure way it would have been possible to trace specific addresses is if the recipient publicly disclosed their wallet address. KYC brought a considerably more advanced form of traceability with it. In addition to e-mail addresses and bank accounts, everything from names, addresses, full ID info, and pictures of each and every customer became tethered to their respective deposit and withdrawal history. Though somewhat convoluted with the nature of exchange wallets, there are patterns that can be followed and traced.

As BTC continued to grow, so did the number of its forks and competing cryptocurrencies pegged to its value in satoshis. The forks grew to be numerous and with them, the number of centralized C2C exchanges where you could trade them for BTC. Like the fiat-to-crypto exchange points before them, KYC was implemented on numerous C2C exchanges as well.

[Anonymous No.26013252]

>>26013139
>>26013200
Centralized exchanges of all sorts are perhaps the weakest link in entire cryptocurrency space. They have repeatedly proven to be weak in terms of security. This year alone, the following exchanges have been compromised: Binance, Bithumb, Coinbene, Coinbin, Cryptopia, and QuadrigaCX. What’s worse, they’ve sacrificed many of the core principles of the cypherpunks that built Bitcoin in the first place.

How can crypto be censorship-resistant and immutable if exchanges can decide to freeze funds or put a certain wallet into maintenance at whim? How can it be private if every account has every bit of trade, deposit, and withdrawal history it has done tethered to its name? How can it be anonymous at-will if full documentation is demanded, sometimes as a ransom for frozen funds? How can it be secure when billions of dollars have been hijacked from weak security? It could be argued that these exchanges are the antithesis of the cypherpunks: an easily-exploitable honeypot of funds and user data with a central authority.

[Anonymous No.26013314]

>>26013139
>>26013200
>>26013252
Consider the efforts of the X9 Developers building Stakenet. True to the nature of the cypherpunks, they have been working to make these numerous vulnerabilities in the cryptocurrency infrastructure obsolete. To strengthen censorship-resistance and decentralization in this space, they have been implementing an immutable and purely decentralized exchange into their network where no central authority can freeze funds, where exit scamming is impossible, and where security is as tight as the blockchain technology it runs atop. To restore the principle of at-will anonymity, their immutable DEX will have no KYC, nor will it require registered accounts. In the interests of privacy, they have built a solution that allows for one-click TOR lightning swaps that strengthen the privacy of every participating coin and the Lightning Network itself. To strengthen the nature of the decentralized exchanges that are already out there, they are working on a DEX aggregator that pools together the offerings of many promising DEXes suffering from low volume or difficulty of use.

[Anonymous No.26013405]

>>26013139
>>26013200
>>26013252
>>26013314
Put briefly, this team has the foresight and skill to acknowledge and address the numerous risks and shortcomings that anyone coin may face the second it is sent from a private wallet to any other point in trust. They are compounding these solutions into one streamlined and convenient wallet where funds are firmly secured, trustlessly staked, and instantly tradable from one singular point.

To build up the world of cryptocurrency is to honor the ways of the cypherpunks and carry on their torch. It is to fight for freedom from the intrusiveness and corruption of centralized authorities by obsoleting them. It is preserving the privacy of funds, resisting mutability, and decentralizing any and everything which stands to benefit from it. Whether that be a store of value, the means by which that value is secured and traded, or the platforms on which these mechanisms are discussed. This era of mass-censorship, intrusiveness, digital balkanization, and monopolies from many of the premier digital spaces not only shows how right they were 26 years ago but that there is still a considerable amount of work to do.

[Anonymous No.26013446]

>>26013014
YFW BIZ SHILLED THE NEXT LINK

[Anonymous No.26013559]

(X) I know DEFI is the entire purpose of crypto. Its why btc was created. So we can be our own bank.

(X) I know BTC did not succeed because it didn't scale and for btc to succeed now it requires lightning network. For similar reasons, I know for eth to succeed, connext is required.

(X) I know a DEX with atomic swaps is too slow to be commercially feasible. A lightning and connext dex is required.

(X) I know people are fearful of trading on CEX due to situations like Cryptopia and Quadriga.

(X) I know XSN is the only project with a true dex integrating lightning and connext. It will allow people to trade peer to peer directly from their computer. They always hold their coin. Never transfer to an exchange.

(X) I know XSN has an actual working product available for public beta testing, and full launch date being announced this month

(X) I know XSN is not a project that talks. They just do. I don't have to worry about an exit scam.

(X) I know XSN masternodes will process transactions on the dex and will receive the fees.

If all of the above are true, my masternodes will buy me a fucking nice big boat and I will never wagecuck again.

[Anonymous No.26013697]

If Bitcoin begins to soar again, it's going to need a powerful Lightning solution or it will quickly become lethargic and expensive to send money with.
On-chain tx bandwidth needs to be ruthlessly optimized with priority to large sums of money. Sending $1 million? Do it on-chain and screw the fees. Buying a beer? Lightning.

If done right, Lightning channels can handle the heavy load of small, irrelevant txs, freeing up the pipeline for tx that genuinely need the benefits of on-chain.

For Lightning nodes to do this effectively, they need liquidity. That source of liquidity remains a subject of controversy, and rightly so.
It burdens the end-user to provide their own liquidity in a way that's inconvenient and hardly profitable, which beckons centralization on a massive scale.
In other words, you either have something that's decentralized and doesn't work, or something that's extremely centralized and works well. 1000s of water pumps atop 1000s of drying and shallow wells that can't provide liquidity, or a massive water company that's monopolized the water supply. It could turn a desert green, but it could become corrupt and start ripping off the town.

What's the way forward? You can't change how LN was implemented on Bitcoin, but you can work with it independently.

Masternodes are excellent LN routers, namely because they're
>secure
>run 24/7
>evenly spread out all over the world
>provide collateral - "Alice and Bob" only have to worry about securing their wallets and making good backups

If you put an entire masternode network to the task of doing this, you get heavy collateral that provides serious liquidity for small off-chain Bitcoin tx.

tl;dr - LN flows like liquid, and your options to scale liquidity are
>1000 pumps on 1000 shallow wells
>a water company that holds the town hostage
>a deep underground water reserve that's in one pool, possessed by no one, directly accessible from the surface

This is what Stakenet has been building, /biz/. Don't miss out.

[Anonymous No.26014045]

STOP!!!!

If true we already made it >>26012379

[Anonymous No.26014240]

[Anonymous No.26014288]

Why do you think Binance is scared of XSN? Because its existential threat to the entire world of not just centralised crypto, but centralised finance. It's time to act now and get in at the ground floor of the future cyberpunk infrastructure.

[Anonymous No.26014457]

>>26013446
Of course they did, they were the first to shill link as well.

[Anonymous No.26014611]

>>26013446
>>26014457

[Anonymous No.26014689]

I can't ignore this shit anymore. It's time to DMYOR.

Just tell me, why is no else innovating like this and creating the very same solution Stakenet is building? There's obviously a lot at stake(no pun intended). Surely anyone with the resources and interest in crypto could see the writing on the wall and capatilise. It just seems to easy. Too good to be true. I don't know what I'm missing.

[Anonymous No.26014766]

>>26014689
i am not that nerdy on the ICT part but i believe that the past 3 years they where actually constantly working on the project. and that somebody else would be at least 2 years behind them if they started now.

[Anonymous No.26015127]

>>26014766
checked

[Anonymous No.26015145]

Is it safe to move coins from whitebit to xsn core? What’s this stuff about legacy and segwit addresses. Does it matter when coming from an exchange?

[Anonymous No.26015169]

>>26014689
Innovation is hard. It not only cost money - but time, skill, and passion. Just because something is obvious doesn't mean it is easy to profit from. A cure for cancer would obviously be immensely valuable, but the race to do so has costed enormous resources to little avail.

The XSN team have put in the hard work, day in day out. They have been innovating for years now and silently leading in the crypto space(pic related).

The accumulation of their hard work and skill can now clearly be seen. The recent listing on bitfinex confirms their legitimacy as a development team(they have a strict listing criteria and would only list a legitimate project)

The markets are not effecient, they are not rational and they often dont make sense. Look at the dogshit in the top 20 right now. Does it make any sense to you? Time is the ultimate equaliser and eventually these useless vapourware coins will fade into nothing, and only the projects with real utility will be left standing. XSN will be one of them. You have been handed an opportunity to get in early. Do not pass it up.

[Anonymous No.26015179]

>>26015145
you can start by putting it on the cloud so its not on whitebit.
then figure the core out later

[Anonymous No.26015580]

Multi-Currency Wallet and Lightning Swaps — Stakenet Solution

Whilst a lot of blockchain projects are struggling with scalability and trying to prove their decentralization, Stakenet (XSN) is swiftly moving forward in creating interchain capabilities and services that will help in fulfilling its vision of a trustless profit-driven economy. In this article, we will be discussing two important pillars that we are pioneering to provide a highly secure interchain economy for cryptocurrencies and making the world free of centralization.
>Stakenet Multi-Currency Wallet

A cryptocurrency wallet is an important and integral component of the cryptocurrency universe. It is a secure digital wallet which helps in storing and transacting digital currencies like Bitcoin and Ethereum. Most of the coins and tokens have their official wallets but with changing times a lot of independent third-party wallets have surfaced providing a variety of features. Here comes the problem; for every cryptocurrency that a user holds, he also requires a wallet to store it, thus making it cumbersome for the holder to have so many wallets.

Stakenet provides a solution to this problem as Stakenet’s Masternode Network will hold databases and run full nodes of multiple blockchains allowing Stakenet to create a wallet that can securely send, receive and confirm a transaction on separate blockchains. These separate blockchains are held in the second layer which communicates with the first layer nodes providing users a single wallet which can house multiple wallets.

[Anonymous No.26015650]

>>26015580
>Lightning Swaps

With decentralization slowly finding its roots in today’s world, people are showing an inclination towards replacing centralized intermediates with decentralized ones. Although the acceptance of a complete decentralized organization is still distant, there has been the emergence of a lot of services which now help people in carrying out transactions without an intermediate party. Atomic Swaps are one of these. In simple terms, an Atomic Swap is a smart contract technology that enables the exchange of one cryptocurrency for another without using centralized intermediaries, such as an exchange.
In August 2018, we released a new Lightning upgrade along with the implementation of Lightning Network and Atomic Swaps. The combination of Lightning Network along with Atomic Swap allowed the execution of “Lightning Swap” which is an instant and nearly fee-less cross chain trade. The successful execution of Lightning Swap has taken us a step closer to our trustless one-click Lightning Swap solution which provides the user with a unique interoperable peer to peer solution that is only available with Stakenet.
To elaborate, Lightning nodes validate transactions between two separate chains. A Lightning node is an endpoint communicator that should have data from both chains. In other words, it needs to monitor both chains and thus is able to validate the transaction. With the upcoming development of the Multicurrency Wallet, Masternodes will be holding the separate chains in a decentralized manner, so you won’t need to download both chains. The Masternodes will also provide Watchtower services, so if anything goes wrong it will execute automated scripts to claim the punishment rewards.

[Anonymous No.26015699]

>>26015580
>>26015650
>Stakenet Solution

Crypto exchanges are the mainstay support for the cryptocurrency market as they allow trading of coins thus providing liquidity. Even after being such an important component of the crypto markets, most exchanges are centralized and are operated out of a single central server making them vulnerable to hacking or forced closure by the regulatory authorities. Also, once a user places a trade with a centralized exchange, their coins leave their possession and are stored with the exchange, thus making the user lose the utility and benefits that one receives from the coins. These are some of the potential risks which Stakenet aims to answer with its proposed Stakenet dx (Cross-Chain Lightning Swaps).

With important components such as the Multicurrency wallet and Lightning Swap in place, we are only a few steps away from creating this solution. There are some DEX’s which are currently operating but all of them have some vulnerabilities of centralization, whereas Stakenet would be the first to operate a completely decentralized solution which would be entirely run by Masternodes and not supported by a centralized entity.

[Anonymous No.26015754]

>>26015580
>>26015650
>>26015699
Apart from that, the other advantages of the Stakenet’s Cross-Chain Lightning Swaps are:

>The coins which the users hold never leaves them unless the transaction is completed giving them unlimited access to their coins.
>With coin in their wallets, they also benefit from all the utilities, features and staking rewards of the coin.
>The user remains anonymous as he doesn’t have to provide any Know Your Customer (KYC) details to anyone providing the user with complete anonymity and freedom to trade fearlessly.
>Not being in hands of central authorities, the Stakenet dx cannot be shut down by anyone, not even Stakenet.
>All transactions are done on a peer to peer basis without the involvement of a central authority, making the transaction more secure and less expensive as the fees are lower.

[Anonymous No.26015806]

>>26015580
>>26015650
>>26015699
>>26015754
The question is what’s the point of a native token on a chain that facilitates Lightning Swaps?
There have been two main criticisms of Lightning Network thus far:

1. Decentralization
2. Liquidity

By using the XSN native blockchain to host a one-click Lightning Swap solution, it gives the advantage of utilizing its second layer Masternode collateral to solve both of these issues.
Masternode collateral can only be achieved by using a native blockchain, since the rules need to be baked into the first layer to have secure Masternode’s in the first place, so you cannot use DApps or off-chain tokens to have the same effect or solve the problems that require a dedicated Masternode network.

With our native blockchain you will be able to take this collateral and allow Masternode owners to make that collateral work for them by generating fees from routing Lightning payments, becoming Watchtowers, holding other chains, providing Light Wallet TX broadcasting services and liquidity for the Lightning Network as a whole.
Furthermore, all major infrastructures will be built using Masternodes to provide a decentralized service without hurting normal users on the base protocol.

XSN users and owners will be rewarded accordingly via demands for XSN to set up these Masternodes or using it as a medium of exchange, because it will be one of the most liquid Lightning Networks necessary for high volume trading and general payments.

This is one of the major selling points along with other exciting capabilities our second layer will allow in the future. As new technologies regarding smart contracts, DApps, and scaling come into the scene we will also be able to uniquely solve problems that these technologies might face using the same approach we are taking with Lightning for example.

[Anonymous No.26015856]

>>26015580
>>26015650
>>26015699
>>26015754
>>26015806
The question is what’s the point of a native token on a chain that facilitates Lightning Swaps?
There have been two main criticisms of Lightning Network thus far:

1. Decentralization
2. Liquidity

By using the XSN native blockchain to host a one-click Lightning Swap solution, it gives the advantage of utilizing its second layer Masternode collateral to solve both of these issues.
Masternode collateral can only be achieved by using a native blockchain, since the rules need to be baked into the first layer to have secure Masternode’s in the first place, so you cannot use DApps or off-chain tokens to have the same effect or solve the problems that require a dedicated Masternode network.

With our native blockchain you will be able to take this collateral and allow Masternode owners to make that collateral work for them by generating fees from routing Lightning payments, becoming Watchtowers, holding other chains, providing Light Wallet TX broadcasting services and liquidity for the Lightning Network as a whole.
Furthermore, all major infrastructures will be built using Masternodes to provide a decentralized service without hurting normal users on the base protocol.

XSN users and owners will be rewarded accordingly via demands for XSN to set up these Masternodes or using it as a medium of exchange, because it will be one of the most liquid Lightning Networks necessary for high volume trading and general payments.

This is one of the major selling points along with other exciting capabilities our second layer will allow in the future. As new technologies regarding smart contracts, DApps, and scaling come into the scene we will also be able to uniquely solve problems that these technologies might face using the same approach we are taking with Lightning for example.

[Anonymous No.26015958]

>>26013405
>>26015856
I really appreciate your enthusiasm anon but would you consider condensing your copypastas into a single screenshot? They take up a lot of space in these threads

[Anonymous No.26016017]

How/where to buy??

[Anonymous No.26016076]

>>26016017
whitebit

[Anonymous No.26016284]

>>26015958
no one will read it. /biz/ just scrolls past info-graphs.

[Anonymous No.26016307]

>>26016017
>whitebit.com/trade/XSN_USDT

no kyc for up to 2 btc per day, even for burgers

[Anonymous No.26016550]

>>26014689
>Just tell me, why is no else innovating like this and creating the very same solution Stakenet is building? There's obviously a lot at stake(no pun intended). Surely anyone with the resources and interest in crypto could see the writing on the wall and capatilise. It just seems to easy. Too good to be true. I don't know what I'm missing.

people have been saying the same shit about Link for years now and look where that shit is

[Anonymous No.26016709]

>>26016550
My guess is that XSN was obscure and all the influential people in crypto with lots of money to spend saw Uniswap doing well and figured, "hey, lets copy that", not knowing what Stakenet was building this whole time.

[Anonymous No.26016795]

ironically XSN will supass Link, because it actually serves a functional purpose....and doesn't just larp about big "partnerships" of these shit companies no one's ever heard of.

Link's market cap is fucking 8 BILLION....and it doesn't even do anything.

XSN's market cap is 70 million and climbing. this shit is going to be massive. we're not even on main exchanges yet.

[Anonymous No.26016905]

>>26016795
>fudding link on xsn threads
Fuck off

[Anonymous No.26017015]

>>26016905
bitch you know Im right. and I bought Link when it was first talked about on this board. sold it on the way up.

Im sorry you just bought some 2 months ago, sweetie, but Im afraid it's going to be a failure in the end.

[Anonymous No.26017098]

>>26017015
>Fudding link this hard in an xsn thread
>link broke ath
Go away

[Anonymous No.26017193]

>>26017015
>>26017098
LINK and XSN are bros

[Anonymous No.26017206]

Shall I store in the core wallet then?

[Anonymous No.26017356]

>>26017206
Not too long after dex release you will be able to; stake from your leger through the mclw. Core wallet for now is fine.

[Anonymous No.26017489]

>>26016795
>>26017193
What LINK is doing for smart contracts, XSN is doing for the blockchain.

[Anonymous No.26017622]

>>26017489
based

[Anonymous No.26017677]

>>26017356
So I can't stake at the moment? (I don't have a MN)

[Anonymous No.26017688]

>>26013446
Centralized shitcoins like this arent the next Link lmao.

[Anonymous No.26017722]

>>26017677
you can if you hold your coins in cloud.stakenet

[Anonymous No.26017776]

>>26017677
checked, depends on how much you have. You can do TpoS in core wallet

[Anonymous No.26017820]

>>26013014
Wanted to buy yesterday but WHITEBIT would'nt confirme my account for whatever stupid reason
Fuck it

[Anonymous No.26017902]

>>26017722
>>26017776
So what's the preferred option? I only have a small amount (3.47) but don't want to hold it on WhiteBit
Cheers

[Anonymous No.26017935]

>>26017820
you don't need to do KYC on whitebit. just sign up with your email, send Tether over, swap for XSN, transfer to your wallet

[Anonymous No.26017954]

>>26017902
you have 3.47 xsn?

[Anonymous No.26017983]

>>26017902
3.47 coins? let it just stay there thats too little and it cost 5 xsn to move it to wallet anyway

[Anonymous No.26018015]

>>26017954
>>26017983
kek no sorry, I have 3,473 - I'm dividing my time between work and /biz/

[Anonymous No.26018068]

>>26018015
ok thats fine just send it to stakenet cloud and you ll get awards every 24 hours.

[Anonymous No.26018069]

>>26017688
Remember that the dex doesn’t work currently.
Remember that the devs hold the work key and it is not a true decentralised project.
Remember that the devs can help you recover lost coins in your wallet, meaning that the wallet is compromised from with.
Remember that tether and bitfinex will bring the market to a correction of levels unseen.

Now wonder why whales are getting out.

After the project being debunked a thousand times here, people must be retarded to not invest in the one truly ground breaking, technologically superior dex, blocknet

[Anonymous No.26018093]

>>26017902
You have 3.47 XSN? So like 3$? (lol) In that case it won't be worth it staking that. Also the withdrawal fee is 5 xsn I think, so you will have to leave it on WhiteBit

[Anonymous No.26018099]

>2 types of nodes
>nodes that participate in consensus and nodes that do nothing
>that way they can boost the numbers and make it look decentralized when it isnt

Literally one of the oldest tricks in the book and midwit XSN tards are falling for it.

[Anonymous No.26018133]

>>26018093
I mistyped, I have 3.47k

[Anonymous No.26018154]

>>26018068
It's first reward after 24hrs and then every few minutes actually. But yea, cloud would be the way to go then

[Anonymous No.26018240]

>>26018154
fair enough i myself havent been holding for 24 hour yet

[Anonymous No.26018248]

>>26018099
There is just one type of node and that's "masternode" and they will facilitate every service in the whole network. The other "thing" would be staking and that's not a node and staking ensures the safety of the blockchain, that's why the block rewards for mns and staking are equal

[Anonymous No.26018307]

>>26018099
thanks for the bump

[Anonymous No.26018416]

>>26018069
this same copypasta fud, huh? don't you ever get tired? must be sick of losing and losing and missing out yet again

[Anonymous No.26018504]

>>26018154
Given my low amount of XSN will I be pooled staking?

[Anonymous No.26018505]

A Masternode is a dedicated fullnode of a blockchain that resides on servers around the world to ensure decentralization and redundancy. While a staking node is responsible for the validation of the blockchain, a Masternode provides several services for the network. To operate a Masternode a valid collateral output of 15 000 coins for each Masternode is required. This was made to counter a wild growth of the nodes and to avoid rogue nodes. In addition to
Masternode default features like instant send and decentralized democracy, our Masternodes are aimed to be one of the most powerful stations within the crypto industry and will earn a passive income based on the services they provide. They
will:
>Host and run XSN Dex.
>Host all needed blockchain explorers to ensure true decentralization.
>Host all blockchains needed to keep XSN Dex decentralized and light.
>Handle Lightning Swaps and Tokenized Swaps between different blockchains.
>Be used as watchtowers to host and monitor Lightning Channels.
>Use their collateral to provide Lightning Network liquidity.
>Authorize and secure the transfer of tokenized coins between different
blockchains.
>Facilitate instant and private on-chain transactions.
>Provide onion routing and ensure secure exit points for the network.
>Host dApps for Stakenet and other blockchains.
>Be used for the decentralized democracy of the network.
>Offload CPU and database capacities for everyone within the Stakenet
mesh.

Thanks to the Masternodes, the Stakenet blockchain becomes an ecosystem in which no single entity can govern and serve the entire network.

>>26018099
please commit suicide at the earliest convenience

[Anonymous No.26018528]

>>26018504
yes

[Anonymous No.26018581]

>>26018504
yea you will benefit from pooled staking. The cloud does have a little fee tho (obviously) so the roi would be a little less compared to staking yourself via core wallet or tpos

[Anonymous No.26018711]

>>26018581
but because of the low amount it makes more sense than staking myself or tpos right?

[Anonymous No.26018722]

>>26013014
I'm not to late to buy bros ?

[Anonymous No.26018763]

>>26018722
Everything under 1$ is a steal

[Anonymous No.26018788]

>>26018711
>>26018722
checked, it's not too late

[Anonymous No.26018855]

>>26018722
You have no idea how early you are.

[Anonymous No.26018916]

>>26018855
antshares vibes

[Anonymous No.26018970]

>>26018711
exactly

[Anonymous No.26019349]

How do i put money into whitebit to trade with?
Is there any way to link a wallet or anything?
I only know how to use Coinbase cuz newfag

[Anonymous No.26019620]

>>26019349
>buy eth on coinbase
>send eth from coinbase to whitebit
>exchange eth to usdt on whitebit
>exchange usdt to xsn on whitebit

[Anonymous No.26019646]

>>26019349
copy whitebit wallet of coin you want to be transfered to your whitebit account then on coinbase go to send/receive sections and paste that wallet and send amount you want to send

[Anonymous No.26019700]

My ultra poor ass could only afford $180. Better than nothing I guess.

[Anonymous No.26019765]

>>26019620
>>26019646
Tank you guys. Please forgive a newfag for being fagtarded. I hope theres room for me on the rocketship

[Anonymous No.26019810]

>>26019700
well iam all in with 60 dollar investment(already 70 now)... It doesnt matter theres always bigger(or smaller) fish in the sea
>>26019765
gl its pretty simple and easy once you get hang of it

[Anonymous No.26019928]

>>26019700
Money is money bro, only invest what you can afford

[Anonymous No.26019929]

>>26019700
checked.

>>26018916
feels good to be so early.

[Anonymous No.26020703]

>>26018722

>Checked

It just dipped a little get in fren