CZ on stakewatch

Binance is dead. CEX are dead. CZ is shitpantted. Stakenet Vortex is coming.

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cointelegraph.com/news/binance-publishes-apology-letter-to-steemit-community-and-says-it-has-unvoted
twitter.com/SFWRedditImages

>please tell us how you did it please I suck your dick

Fuck Binance. After they did Blocknet dirty I am glad XSN is keeping their code private. Just the ltc/btc pair on xsn dex will do more volume than Binance "dex" when it launches.

What did they do to blocknet?

I've been out of the scene for quite a while but loved that project.

Basically Binance asked a lot of infos about Blocknet DEX so it could be added to the exchange. Except Binance cut all communication after the final form have been submitted from the team explaining how the dex would work.

> infos
ok chinaman

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funny thing is that once Stakenet launches, fuck Binance.

Stakenet is building bridges not islands. Their hub will cover LN and Raiden so that takes care of BTC and ETH. Also Binance already blew their scam load on Blocknet and XSN won't fall for that same bullshit.

Stakenet will be like Bancor in the way that the platform becomes a liquidity sink for LN and Raiden. Once people start using the 2nd Layer they won't want to deal with layer 1 bullshit like $5 tx fees and 4 min wait times.

If you are not getting antshares/eth/link/snx or bancor vibes right now from XSN you are not going to make it.

At least Binance filled the gap for a big non-KYC exchange through 2018 and 2019 as Bittrex and Polo went south. Sunrise, sunset.
What will still be here in 5 years time? Waves? Probably. Bittrex? Who cares

High fees are not the future

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One question: why is the token needed?

Yeah, CEXs are gatekeeping middlemen that charge high fees.
Fees on Lightning are considerably cheaper and transfer much faster.
Having a massive pool of different, technically competing orderbooks in one spot should help Stakenet drive that point home I think :D

>spoonfeed me shit I can google in 5 seconds : the post

funny how LTO applied this concept when they did that waste management deal. Now LTO is going to do a face melting run up

exactly. Instead of deciding to source liquidity from each individual CEX, just use stakenet and it will aggregate everything for you.

1inch.exchange and Paraswap is doing the same thing and they are moving millions in volume.

CZ must be sweating bullets because he will be just another liquidity pool and can't pull his scams like the whole STEEM delegation scam that gave rise to HIVE.

>native coin for testing any other combination of ln pairs
>hosts mn network that runs the dex
>geared for cold staking (tpos), cold hosting, and cold swaps

kek I remember this but that was was the wrong fucking Erick Zhang.
Eric Zhang and Erick Zhang are different people so this was actually incorrec?

Might eventually be a race to the bottom for CEXs if they have to cut each other's throats to stay competitive with LN fees
I trust Blocknet far more than either NEO or Binance

lmao you faggots are just sharing incorrect info to shill your shitty dex? there are going to be thousands of dexes, why are do so many people retardedly think their shitty blocknet or nash or any other literal who losers are so special? seething bagholder copers with daddy issues

could you explain more about Binance's role in the STEEM implosion

kek binance on damage control

its better if you read this article it lays it out.

cointelegraph.com/news/binance-publishes-apology-letter-to-steemit-community-and-says-it-has-unvoted

tl:dr

Steemit is an app on the Steem blockchain, a Reddit-like social media platform, which uses a consensus mechanism called delegated proof-of-stake. This protocol means that the blockchain is governed by a set number of “witnesses,” elected by STEEM holders, whose voting influence is proportional to the number of tokens they hold.

Following news of Sun’s apparent acquisition, the Steem community orchestrated what it called coordinated and preemptive “due diligence” to soft fork the blockchain in order to deactivate a major stake — known as the “ninja-mined stake,” which is owned by Steemit.

The ninja-mined stake comprised roughly 74 million tokens and the community feared that Sun would be in a position to wield excessive control over the platform if he were now to able to dispense of the voting rights attached to a stake of this size.

Sun responded to the soft fork by controversially declaring it to be a “criminal” action by “malicious hackers” and enlisted three exchanges — Binance, Huobi and Tron-owned Poloniex — to vote the STEEM tokens deposited by their own users to vote for a hard fork that would reverse the community’s action.

These are exactly the kinds of people that prop garbage up and do their worst to keep good projects down. All that matters is whether or not they'll pay to play.

chect & rekt BLOCK bag holder, nobody uses your shitty exchange.
yep, I use binance hurr durr centralized. it's more about losers like you spreading false info to justify your COPE

>.006 BNB has been deposited in your account

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CZ paying you overtime to fud XSN?

WHAT IS CZ SCARED OF?

liquidity sinks
t b h

>XSN
quite literally who?

This is bullish for chainlink

binance upkeeps a liquidity faucet
binance likes to turn the water on and then pull the drain plug right before it overflows. it likes to drain old volume and run fresh volume/water in at the same time
now there is a dex that can take as much of thay water as it wants. cexs with kyc can be accessed without registering an account
hi user

OH NONONONO
SO MANY AMERIFAGS STILL BUTTHURT BINANCE LEFT THEIR CORONA DYING COUNTRY
HAHAHAHAHAH

Layer 2 protocols are liquidity sinks because most times its one way. This is why therewe is more wrappedbtc than there is btc on lightning network.

CZ is scared like a bitch because if Stakenet sucks up liquidity like a vortex, then people will choose to trade on a dex with low fees, fast execution and no kyc. That hurts Binance's bottom line. This why they fucked over Blocknet and why Binance cant be trusted.