Stakenet (XSN) Thread

Stop shilling this literal scam and buy AAVE before you're priced out.

>missing out on the XRB of 2021
user

lol

>literal scam

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I heard Hydra slayed Hercules once back in the 80s
Good time/10

Wow you made another Stakenet thread. Do you feel bad holding this? You should. Repent, dump for PNK. We will welcome refugees from Mumbai.

Alright this shilling is just starting to look coordinated and desperate. Calm down guys.

No I feel quite comfy.
Negative.

If (when) all the xsn is running low on livecoin/coinall, will stakenet team dump xsn from the treasury into the exchanges?

I don't want to market buy 10 nodes and then a month later they jut add 10 million tokens to the exchange

No, since now fees from the DEX are going to be used to buy back XSN directly from livecoin.

>Alright this shilling is just starting to look coordinated and desperate.
No shit, the shilling was coordinated from day one. XSN early bagholders are desperate to pump this. All they can do is try to squeeze gullible morons on here for all they are worth

complete noob here. When you XSN, where do the rewarded XSN come from? Surely if its inflationary, and if there are 2000+ MN, then you'll have thousands/millions of new XSN coming into the market every day. Wouldn't the price of XSN go down over time?

meant to say "stake XSN"

cope

only consensus on the masternode network can release treassury funds. So no, that won't happen

this fud in here is so retarded. of course it's shilling here. that's what EVERY PERSON on biz does and what 95% of any threads are made of.

on stakenet.info you'll see that there are 9 more masternodes than yesterday (2255->2264). Nobody besides some short term profit fags is interested in dumping this, because the DEX will enable multiple streams of income that are way more profitable than selling a single time.

my brain hurts reading this fud "durr it's scam because they shill" "durr this scam, buy this erc20 token instead". There isn't even decent fud anymore

regarding that Lightning fud:

Stakenets Lightning network does not equal Bitcoins Lightning network, like your LAN is not your neighbours LAN

I took some arguments from a fud article on Lightning:

>letemspin.com/bitcoin-lightning-network-is-a-dead-end/

>But then…I started to hit some snags. I won money on online betting sites, but couldn’t withdraw the money because I needed incoming channels connecting to my node with money on the other side of the equation. I was like “what the fuck?”

Stakenet solved this by implementing a "Channel Rental Feature". You will just rent a channel that provides liquidity for you for a few cents

>Then I started trying to close some channels to get money back out of lightning. God what a hassle.

will be completly automated. Imagine having a switch next to your balance and moving it to the left puts e.g. 20% of your balance off-chain, moving it to the right puts it off-chain. Of course you'll have to give it a little wait for the work to be done in the background, but thats what it'll look like

>So I’d have to create a new lightning channel every month to pay my staff anyway, so I’d be doing onchain tx anyway

You'll just keep those channels open as they will allow you to send/receive via Lightning. Same for the staff. Yes, initially it's a on-chain transaction with on-chain fees, BUT after that one every following transaction will be instant, off-chain and with microfees

>But the staff don’t get paid enough to warrant $100 fees for each channel.

fees for opening a channel are around 20cents and depend HEAVILY on the blockchain used for that. I suggest paying via LTC or just using USDT. Stakenet will instantly swap it to whichever currency is wished for

>Plus what are they doing to do once I’ve paid them via LN? There’s no way I can expect them to run their own nodes.

Masternodes act as Lightning nodes. Stakenet connects the users to those nodes

YOU ARE INVESTING IN POSW

POSW was a known scam back in the day shilled hard on biz. Now they rebranded to XSN. It's really sad to see the same tactics being used from back then on noobs on here.

Its the same shit, they went on a shilling blitz on biz to pump their shit and then they dumped.

POSW PUMP AND DUMP

INVEST AT YOUR OWN RISK

Lightning is fundamentally flawed and Stakenet *cannot* scale. And none of your shilling is gonna change that

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Block rewards are slowly getting reduced overtime. No matter how many Masternodes and stakers, they will always share 45% to stakers 45% to masternode. So if their is 2500 masternode instead of 2000, each masternode will receive a reward less often.

>Never heard of XSN before
>See it start getting shilled here at around 1000 sats last week
>Look into the coin, the roadmap, the DEX
>Lurk the Discord
>Seems like a project that's actually going to deliver in some capacity which is rare in crypto
>Low marketcap, long accumulation period and set to breakout so seems like a no-brainer
>Buy in at 1200 sats
>Up almost 100%
>Lurk the (at most) 3 threads about XSN that get posted here each day
Why people seem to single XSN out as "coordinated shilling" is beyond me. Of course chatter about a coin wil intensify when they are delivering the product after years of laying low. Either buy in or ask about the coin if you're interested and discuss it with us in these threads. This salty "missed-the-boat muh sour-grapes cope" posting in these threads is getting stale.

>empty accusations
>no arguments
>no proof at all for anything
>desperately tries that posw narrative again

Does anyone have the formula to calculate rewards for a master node?
Like block reward, dex fees etc etc if xsn was 'insert price'?

>shrieking POSW SCAM and writing in a lot of CAPS
Ah yes, the oldest XSN fud of all. Nostalgic, really.

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