/XSN/ Stakenet General

[Anonymous No.26305153]

The path to mainstream adoption 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 [Embed] [Open]

>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.26305161]

>Stakenet has built a true next-generation DEX solving many of the issues that currently plague the DEX industry, such as ever-increasing costs and transaction times. Stakenet has built their DEX from the ground up using time-tested Layer 2 technologies such as the Lightning Network and Connext Network.

>Using Stakenet’s technology it’s possible to make a layer 2 instant swap between BTC and USDT, and that’s just the beginning. Their tireless efforts have rendered them irreplaceable for crypto.

Key highlights of Stakenet’s Layer 2 DEX:

>It provides instant and virtually feeless cross-chain trading.
>Users retain full custody of their funds at all times as they own the private key for their wallet.
>Projects and users can run their own hub of the DEX which adds further liquidity to it and can support their chosen currencies.
>“Vortex” enables the DEX to share liquidity with other exchanges, both centralized and decentralized.
>It is run entirely on their decentralized Masternode network.
>The community members who run a master node will earn a share of the fees earned from the DEX.

[Anonymous No.26305218]

>Layer 2 allows Stakenet DEX users to trade faster, cheaper, and more privately than any other DEX available today. Professional trading tools can also be used on Stakenet DEX opening the door for decentralized high-frequency trading. With Stakenet DEX there are only two “expensive” on-chain transactions. Moving your funds off of their main chain to Layer 2 and moving them back on-chain to their main blockchain. Once off-chain, there are no on-chain/gas fees and transactions are settled instantly making it ideal for high-frequency trading.

>With more users going towards Layer 2 solutions, Stakenet is a great choice because of its inevitable connection to all other chains.
>They’ve ensured their long term survival because of Bitcoin’s lightning network infrastructure. Any other project that implements the lightning network is instantly compatible with Stakenet.
Stakenet utilizes their arbitrage/liquidity mining functionality dubbed “Vortex” by their community which is connected to any Centralized Exchange (CEX) or Decentralized Exchange (DEX) that allows API access. Vortex allows users to trade on the DEX and access the liquidity within the other exchanges order books, such as Binance, by utilizing the instant transactions to complete orders on the opposing exchange with confidence.

https://medium.com/stakenet/bitfinex-exchange-listing-announcement-jan-12-2021-9745c885a170

[Anonymous No.26305362]

>>26305218

Don't miss out on a great investment because of spam FUD. Think back to link in 2017, full of FUD and they were ALL wrong.

Decentralized exchanges are the future as crypto becomes more mainstream.

[Punjabi Rashmahassiir No.26305482]

>>26305153
https://orderbook.stakenet.io/monitor/btc_usdt

One of the most traded pairs in crypto will soon be traded offchain on the dex. Time to do the needful sirs

[Anonymous No.26305593]

>>26305482

Each of the following coins below are layer 1 DEX's with a native currency, or otherwise has a use case that will be rendered obsolete by Stakenet DEX:

UNI $2,000,000,000
SNX $1,850,000,000
SUSHI $850,000,000
LRC $470,000,000
ZRX $405,000,000
KNC $240,000,000
CRV $215,000,000
BNT $178,000,000
1INCH $100,000,000

This is a combined market share of roughly $6,300,000,000. There are many more layer 1 projects, and the real number is much higher.

Stakenet DEX will render all layer 1 DEX's obsolete.

https://streamable.com/kzpimj

And unlike the majority of these shitcoins, Stakenet actually has utility and is required to run the network.

I expect XSN to exceed this valuation by the end of the year. And this is not even taking into account the market share of the existing CEX's that XSN will absorb.

[Anonymous No.26305664]

>>26305153
THE PoSW EXIT SCAM IS BACK!!!!!

IMAGINE BUYING THIS PIECE OF SHIT FORK OF DASH WHICH IS A FORK OF BTC IN 2021!!!!!

IT'S 10 YEAR OLD TECH!!!!!

LOL!!!!!

AND LET'S SEE WHAT THE SCAMMER DEVS ARE UP TO.

OH THAT'S RIGHT, DUMPING 300K!!! WITH NO VOTE!!!!

https://stakenet.info/governance/treasury

[Anonymous No.26305692]

bump

[Punjabi Rashmahassiir No.26305719]

>>26305664
Lol good morning, wondering where you were. How's them new capital gains taxes treating you?

[Anonymous No.26305727]

>>26305664

I hope you are getting paid enough for this. Hope all your cousins named Rakesh get to eat tonight.

[Anonymous No.26305761]

>>26305593
LOL!!!!

IMAGINE COMPARING A FORK OF DASH TO NETWORKS BUILT ON ETHEREUM, WHICH IS AN EVM COMPATIBLE BLOCKCHAIN, MEANING IT CAN RUN COMPLEX LOGIC.

STAKENET ON THE OTHER HAND IS IT'S OWN FUCKING BLOCKCHAIN!!!!

IMAGINE BUYING AN L1 THAT IS UTXO SHIT CHAIN, MEANING IT CAN'T EVEN RUN SMART CONTRACTS!!!!

HOW FUCKING STUPID CAN YOU BE???

BUT IT'S PAR THE COURSE FOR THE TEAM THAT EXIT SCAMMED PoSW!!!!

YOU JUST CAN'T MAKE THIS SHIT UP!!!!!

[Anonymous No.26305837]

>>26305761

You getting paid enough for this Shivakumar? I hope so since it seems to be a full time job for you.

Keep posting, and thanks for the bump.

[Anonymous No.26305889]

>>26305153
Oh blocky blockies... it's time to start the FUD!

>DASH DASH!
>USELESS TOKEN!
>MUMBAI, INDIA
>X9 EXIT SCAMMERS!
>MASTERNODES ARE USELESS!

[Punjabi Rashmahassiir No.26305905]

Tomorrow AMA with whitebit at 1 PM UTC.

[Anonymous No.26305948]

I told you niggers to sell this scam when it pumped. If you actually lost money on this you deserve it.

[Anonymous No.26305970]

>>26305948

Did you buy high and sell low anon? You fell for the whale trap?

[Anonymous No.26306007]

Anyone else tired of the paid schizo fud for xsn? I stopped even replying, half the fud is laughably easy to disprove and has been done over and over again. Same fuckin shit gets copy pasted the next day. The other half is moving goalpost stupidity attempting to attack random obscure details and straw man arguments.

Fuck em. It's not dissuading my investment. This will be bull run #3 for me and I'm comfortable with my positions. I just mainly lurk now. This guy can eat my ass.

[Anonymous No.26306038]

>>26305664
>>26305761

damn, AfterBazar. You are a restless soab, you know that?
I know you got butthurt and priced out after being kicked from Discord, but hating on a project and fuding lies to oblivion is not gonna help lol

[Anonymous No.26306057]

>>26306007

No we have to provide him with new threads to reply, otherwise how will he earn his dollar for the day.

His whole village will starve. Do you want the death of his many cousins named Rakesh on your hands?

[Anonymous No.26306079]

>>26305664
>>26305761
This is just getting sad now.

[Anonymous No.26306121]

>>26306079

Let's see how many days we can keep him occupied shall we?

[Anonymous No.26306141]

>>26305905
I've noticed the AMAs usually cause a small pump followed by a dump for all the swingies wanting more MNs. Thanks for the info.

[Anonymous No.26306145]

I think XSN needs 4 things
>submarine swaps (bypass channel wait times)
>watchtowers that keep track of locally-sourced orders (like TPoS but for buy/sell orders to stay posted to the orderbooks until they are filled, even if/when the locally-hosted DEX wallet is offline)
>multiple hosts - uniswap has several backups, tor compatibility, and it can be hosted locally. any DEX that is solely reliant on one host like AWS or Cloudflare is in danger
>proper liquidity - ETH+USDT+LTC+LINK=$160 billion in 24h volume
Then it will do ok

[Anonymous No.26306171]

jesus chhrist why i didnt swing

[Anonymous No.26306202]

>>26306145
All those things are coming.
2 first are lightning
3rrd and 4th are coming soon(tm)
>>26306171
Because you ain't gay.

[Anonymous No.26306259]

>>26305970
I bought at 6 cents and sold at 50 because I know the team knows how to shill scams.

[Anonymous No.26306323]

>>26306171
btw im not satisfied with cloud, one of my mn's kept getting going offline, now i cannot even recreate it. Will probably move to vultr baka

[Anonymous No.26306399]

>tier 1 exchange listing
>FUDers still as desperate as ever

not sure if you kids are aware, but tier 1 exchanges have to do a high amount of due dilligence on any project they list. they have a strict critirea and will only list genuine products.

All fraudulent accusations were nullified the day Bitfinex, the exchange of iFinex, who also owns Tether and is one of the most influential forces in crypto, decided to list XSN.

[Anonymous No.26306435]

>>26306259

Good for you, always good to make cash on a few swings and that's a legitimate way to play the game.

But no risk no reward, if you look at crypto the biggest rewards have been long term.

[Anonymous No.26306443]

>>26306007
Actually pretty tired of the same copy pasta shill posts. It’s been 3 years. Getting rather annoying seeing a thread with 25+ replies and then realising that there’s only 6 of them non copy pasta.

[Anonymous No.26306525]

>>26306443

You don't have to buy if you don't want to, but 1 thread a day compared to 20 threads that the pajeet coins get is nothing.

Just don't post in the future going "I've got 30 XSN am I gonna make it bros?"

[Anonymous No.26306571]

>>26306443
then fuck off.

[Anonymous No.26306730]

>>26306145
The only alternative to submarine swaps would be getting more CEXs onboard with LN. They deal with on-chain lag for transfers just as anyone else does so I think they would go for it.
Vortex can successfully aggregate from CEX orderbooks. Bitfinex, Binance, and Livecoin have been demonstrated.
As far as I know, Hydra will have the MN network host the DEX infrastructure, watchtowers, and orderbooks.
I guess we will see.

[Anonymous No.26306732]

>>26305153
Does anyone have any DEX release predictions or should we just say "when it happens, it happens"?

[Anonymous No.26306767]

>>26306202
meant for >>26306730

[Punjabi Rashmahassiir No.26306980]

>>26306732
Launch date will be revealed by the 11th of feb, or within a month from since they said that. Before that there'll be the AMA with whitebit tomorrow, stress testing of the USDT BTC pair and a few more yet unknown things.

Sincerely yours,
Mr. Punjabi

[Anonymous No.26306981]

>>26306732
Looks like they have been testing the BTC/USDT swaps (which is promising as fuck), so maybe they're finishing it up and soon will begin stress testing?
>https://orderbook.stakenet.io/monitor/btc_usdt

[Anonymous No.26307774]

>>26306981
b-but I thought it was a scam. how can they test a scam feature...

[Anonymous No.26307862]

>>26307774

[Anonymous No.26308423]

>>26306981
good

[Anonymous No.26309424]

This is what weak hands look like

[Punjabi Rashmahassiir No.26309559]

>>26309424
Buying all that loose xsn is a big brain move, who ever is doing that knows whats coming.

[Anonymous No.26310122]

>>26305761
>tfw you just feel sad for the fudder at this point
Imagine waking up every single day for a whole year, as a neet, just to spend every waking moment to fud projects for your black company boss to but cheaper. Can't be easy living in India.

[Anonymous No.26310736]

>>26309424

My bot is very happy, i like this coin.

[Anonymous No.26311262]

>>26310736
If you dyor you'll like this coin even more.

[Anonymous No.26311900]

>>26311262

Already did some, that's why I'm taking bags from noobs at a fair discount.

[Anonymous No.26311906]

>>26306079
LOL!!!!

POOR SHILL!!!!

DOESN'T EVEN UNDERSTAND THE TECH HE PUT HIS ENTIRE LIVE SAVINGS IN!!!!

IN A YEAR, YOU'LL PICK UP A PISTOL AND ASK YOURSELF, WHY YOU BELIEVED SOME SCAMMERS ABOUT THEIR FORK OF DASH!!!!

YOU'LL THINK, WHY THE FUCK DID I BUY A DASH FORK IN 2021????

THAT NICE GENTLEMAN THAT WARNED ME WAS RIGHT THAT IT CAN'T RUN SMART CONTRACTS AND IS COMPLETELY USELESS. ESPECIALLY NOT EVEN CONSIDERING THE OPPORTUNITY COST OF USING YOUR BTC AS COLLATERAL IN LIGHTNING, WHICH OF COURSE HAS NOTHING TO DO WITH XSN SHITCOIN WHICH IS NOT INVOLVED, BUT THE FACT THAT LIGHTNING HAS SIGNIFICANT AND UNRESOLVED ATTACK VECTORS.

https://twitter.com/BitcoinMagazine/status/1351302139147120644

BUT 'WRAPPED ASSETS AND DERIVATIVE BTC' MAKES NO SENSE SAYS THE STAKENET SHILL. YET THE MARKET SAYS OTHERWISE AS THERE IS 100X MORE BTC ON ETHEREUM THAN THEIR IS IN LIGHTNING.

SO I SAY TO YOU, IN A YEAR WHEN YOU PUT THAT GUN TO YOUR HEAD, DON'T PULL THE TRIGGER AND DON'T GO FULL WOJAK AND TURN THAT PISTOL ON INNOCENT BYSTANDERS. INSTEAD, REDIRECT YOUR ANGER IN A COURT OF LAW AGAINST THE SHITBAGS THAT SCAMMED YOU OUT OF YOUR MONEY.

[Anonymous No.26311963]

>>26310736
>>26311900

Went out of the house ip switched

[Anonymous No.26312004]

>>26311906
>he's back

[Anonymous No.26312071]

>>26311906
JUST IMAGINE HOW GULLIBLE ONE HAS TO BE TO BUY 10 YEAR OLD TECH IN 2021!!!!

HOW FUCKING STUPID CAN YOU BE????

AND THEN TO COMPARE IT TO NETWORKS THAT CAN RUN COMPLEX LOGIC!!!!!

LOL!!!!!!

I ADMIT I WOULD FEEL SORRY FOR THE POOR WOJAKS THAT BELIEVE IN THIS PILE OF SHIT, BUT THEY'VE BEEN WARNED TIME AND TIME AGAIN, YET STILL PUT ALL THEIR FAITH IN A LITERAL FORK OF DASH, WHICH IS A FORK OF BTC.

IT'S THE FUTURE!!!! THAT'S WHAT THEY SAY.

IMAGINE HOW DELUDED YOU HAVE TO BE TO THINK A FORK OF DASH IS THE FUTURE. IMAGINE HOW GULLIBLE YOU HAVE TO BE TO TRUST A GROUP OF SCAMMERS THAT EXIT SCAMMED ANOTHER PROJECT BY THE NAME OF PoSW AND DUMP ON YOU ON A CONSISTENT BASIS!!!!!

YOU JUST CAN'T MAKE THIS SHIT UP!!!!!!

[Punjabi Rashmahassiir No.26312105]

>>26311906
Only niggers buy BTC forks

[Anonymous No.26312232]

>>26312004

Let him do his thing Fudders are extremely important, especially at this stage.
They are the gate keepers who scares the dumb money away, only the smart ones who can read between the lines deserve to buy at these prices.

[Anonymous No.26312381]

>>26312232

[Anonymous No.26312517]

>>26312232
LOL!!!!

YOU DONT' REALIZE YOU'RE THE DUMB MONEY, DO YOU????

I ASK OF YOU, SEE THE DESPERATION OF YANKEE THE SHIT BAG AS HE TRIES TO GASLIGHT PEOPLE INTO THINKING THAT OTHER SUPERIOR PROJECTS THAT CAN RUN COMPLEX SMART CONTRACT LOGIC AREN'T UTILIZING L2 SOLUTIONS.

FORTUNATELY FOR HIM, HE HAS PEOPLE LIKE YOU TO DUMP HIS BAGS ON WHO ARE COMPLETELY IGNORANT AND GULLIBLE.

THEY PREY ON THE WEAK AND STUPID.

BUT THE DESPERATION IS CLEAR. HE KNOWS HIS FORK OF DASH STANDS NO CHANCE AGAINST ALL THE OTHER LAYER 2 IMPLEMENTATIONS THAT WERE ALWAYS PLANNED, BUT NOT EXECUTED BECAUSE THE TECH WAS NOT YET DEVELOPED.

NOW THAT THE TECH IS DEVELOPED, IT'S DEVELOPED TO BE MODULAR.

BUT YET, YOU ARE FOOLED INTO BELIEVING THAT STAKENET SCAMMERS ARE DOING SOMETHING MAGICAL WHEN IN REALITY THEY ARE JUST USING EXISTING SOLUTIONS. HOWEVER, THEIR SHITCHAIN IS BASED ON 10 YEAR OLD TECHNOLOGY AND CANNOT RUN SMART CONTRACTS.

BUT HERE YOU ARE, INVESTING NOT ONLY ALL YOUR LIVE SAVINGS, BUT ALL YOUR EMOTIONS IN THE SHIT THAT CAME OUT OF THE DEVELOPERS DIAPER, APTLY NAMED DIAPER.

YOU JUST CAN'T MAKE THIS SHIT UP!!!!!

[Anonymous No.26312536]

>>26312232
I also just realized that he seems to do it as soon as there's around 20+ sells in the order book. It really makes me think he's a giga whale trying to shake the tree.

[Anonymous No.26312873]

>>26312517

You're doing gods work, i salute you.

>>26312536

He's a professional, extra confusion for the normies with that semi technical talk lol.

[Anonymous No.26312877]

Truly the most embarrassing general on this shithole site

[Anonymous No.26313229]

>>26312877
It'll be much more lively once you fomo in at $1500

[Anonymous No.26313386]

>>26312877
bump the for thanks

[Anonymous No.26313545]

>>26312071
>>26312071

Yeah I mean look nobody out there is buying bitcoin because it's too old! Fucking kek

do you have any better arguments?

[Anonymous No.26313773]

>>26313545
BITCOIN HAS NETWORK EFFECTS AND IS DEFLATIONARY BY DESIGN, IN CONTRAST TO THIS SHITCOIN WHERE DEVS ARBITRARILY MINT NEW TOKENS AND DUMP THEM ON BAGHOLDERS.

BITCOIN ALSO ISN'T PRETENDING TO BE SOMETHING IT'S NOT.

COMPARING STAKESHIT SCAM TO BITCOIN IS IDIOTIC AND IF YOU BELIEVE STAKESHIT SCAM IS GOING TO BE THE NEXT BITCOIN, YOU SHOULD REEVALUATE YOUR THOUGHT PROCESS IMMEDIATELY.

[Anonymous No.26314078]

>>26313773
Exactly, you don't see Grayscale buying XSN lmao