Frank Amato > Executive Director J.P.Morgan March /7 years, 1 month/ > Managing Director Bear Stearns & co. /11months/ > Vice President J.P Morgan /10 years, 4months/
XSN > Digital money > Decentralized > Trust-less proof of stake
DEX > Masternodes > 45% block rewards > 90% Passive income from user fees > Almost fee-less > No kyc > Instant transactions 24/7 > Infinite scalability > Decentralized > Lightning swaps > Cross chain proof
Stakenet has been dormant for years, during these years stakenet has constantly been working towards their product. DEX is going to released this year. They have a legit professional team with a real product. You can try the beta version for yourself. I really think it's going to be huge, I can see myself and the majority of crypto-currency using the DEX on a daily basis, its really easy to use. The best part is that you can always get the cheapest price on whatever you're investing into.
You're unironically going to make it, if you hold a masternode in this.
>Stakenet is the third coin (Right after BTC/LTC) to implement lightning swaps on mainnet. >They also partnered up with the Litecoin Foundation to help with lightning tech. >They are working on their OWN Hardware Wallet- VIPER (Competing with Ledger, Trezor, and Xeeda) Which is the first crypto project EVER to work on that. >Stakenet is soon launching a multi currency wallet with inbuilt lightning and atomic swaps (HUGE) >Stakenet will also soon launch the first masternode powered DEX. Which requires NO registration, NO KYC, no bullshit at all.
Joseph Martin
>pink id Buy pnk
Nicholas Barnes
3 years and done nothing reminder
Cameron Long
also reminder that the only way this dex gets liquidity is from having 'liquidity partners' which have accounts on Binance/Bitfiniex which buy and sell orders. You will not be able to trade any erc20 coin you want, like on 1inch/uniswap. Only the coins which the liquidity partners have in their CEX exchange wallets. Also take note that, that means if their account gets found out (ok unlikely) or the CEX goes down for whatever reason, you're not getting that liquidity anymore.
No one outside of Zig Forums is touching this shady ass project with a 10ft pole. And they never will. Don't fall for the BS 'oh you're so early' anons. You're not early, there's a reason that this hasn't gotten anywhere.
Sebastian Williams
>3 years and nothing What is TPoS, MNaaS, major DEX updates, 100% stable lightning swaps, 50% done raiden integration.
>also reminder that the only way this dex gets liquidity is from having 'liquidity partners' which have accounts on Binance/Bitfiniex which buy and sell orders.
NOPE. this is just one liquidity route, and an innovative one at that. i have already rebuked you one this several times and will not type the rest out, so i will just copy and paste from the whitepaper :
With important components such as Stakenet Wallet, Lightning Swaps and Tokenized Swaps in place, we are only a few steps away from creating this solution. There are some decentralizedexchanges which are currently operating, but all of them have some vulnerabilities of centralization. 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. The coins which the users hold in XSN Dex never leave them unless the transaction is completed, allowing for unlimited access. With these coins in their own wallets, users also benefit from all the utilities, features, and staking rewards of the coin. Furthermore, the user remains anonymous as they do not have to provide any Know Your Customer (KYC) details to anyone, providing complete anonymity and freedom to trade without worry or fear. All transactions are done on a peer to peer basis without the involvement of a central authority, making transactions more secure and less expensive as the fees are lower.
Another key point of the XSN Dex is its ability to aggregate other exchanges (decentralized or centralized) in it. By making use of its API and algorithms, we create a bridge between different exchanges order books, so XSN Dex captures further value for the Stakenet interchain economy. In the end, all Stakenet users can trade with any other compatible exchange through one interface.
Jacob Moore
This is false. The DEX has it's own orderbooks + the aggregator for bonus liquidity.
Once raiden is finished you will be able to trade any erc20 token you want.
Jacob Rogers
How can one post be so absolutely wrong in everything it says.
>what are aggregators >how do they work on ever other exchange
People can trade whatever they want P2P they aren’t reliant on the aggregator, the aggregator is just their to fill gaps in liquidity during launch while orderbooks are thin. As more users use the DEX then people will be placing their own buy/sells and not need to aggregator
why do you think there are anons who are literally working full time to fud XSN? this is literally the next ETH, and every single day this stays below $1 is precious
Kayden Lewis
So with the hardware wallet coming that integrates into the dex, do I understand that I can exchange xsn for btc to pay Papafranku for a pizza at Papafranku's Romanian Pizza Parlour?
>only way didn't read the white paper aggregation is primarily a tool at launch to ensure liquidity because until people start actually using it, liquidity will be limited. aggregation is used as a tool to support markets until p2p becomes viable, and to fill orders for coins with low volume.
regardless, aggregation only helps the platform in the short term. it also helps buyers by providing access to lowest possible price across multiple order books (a function that would have been impossible without a custom solution prior to stakenet).
Liam Nguyen
Maybe, I have no idea what the fuck you even said.
Grayson Flores
You can just buy with XSN, since it's lightning compatible, and everyone will accept lightning payments in 2022
