Okay fags, I thought you were all just Pajeets but after looking into the roadmap and the beta version of the DEX I’m willing to admit I was wrong. This shit is the exchange of the future.
But here’s the part I’m still skeptical about: will it have a fiat on-ramp? Think about it. The whole point of this dex is to do two things:
1) cross chain swap using layer 2 tech so waiting 80 years and/or paying 6 gorillion dollars in gas on uniswap becomes a thing of the past. Based on what I’ve seen they’ve already accomplished this in alpha, they just haven’t pushed Raiden integration to full release yet.
2) Help move crypto back into true decentralization, getting us away from cancerous KYC CEX’s. Of course, Stakenet isn’t unique in this regard since other DEX’s do the same thing...and they aren’t fully there yet since there’s no way to move (major amounts of) fiat into the system without going through a KYC CEX.
So what’s going to happen? The DEX seems cool but if true decentralization is indeed the goal, it seems like finding a way to have a fiat on-ramp not tied to a CEX is important.
Calling all XSN shills
Lightning is a failure
Fiat onramp without KYC is impossible and there isn't a country on the world that would allow its citizens to do this. It would be the money launderers wet dream. It would only really be possible through OTC cash trades, and nobody wants to do that unless they have money to hide
>Implying fiat holders won't be looking for the on-crypto ramp rather than the other way around, soon enough.
>Implying 1 XSN won't be equal to 1 XSN in a few years.
>Implying you would ever need fiat once this takes off.
ISHYGDDT, ngmi.
will it be possible to do a TPoS while keeping xsn on the ledger nano? Asking for a friend
P2P dex is a dead end idea for crypto trading. Liquidity pools on L2 will be the future.
Lightning is not a solution to btc’s scaling solution. It’s a terrible idea that goes against satoshi’s vision.
Raiden is a terrible layer 2 eth solution. Zkrollups will be the catalyst for the bullrun
Tl;dr just buy any other eth layer 2 solution if you want. Or any liquidity pool dex token just now, as they will all inevitably move over and go to the moon next year And will have staking rewards and or good pool fee pay out. Or, just buy link... which is the thing powering all of defi
yep. this was enabled a few days ago
>implying
xsn is already planning Tor integration and other privacy features for their platform. zk proof solutions are right at the crossroads of probably and scalability, and x9 devs are at the bleeding edge of scalability solutions. what makes you think the only currently functional layer 2 exchange wouldn't be on the forefront of that development curve?
They're literally the only developers who have implemented a functional cross-blockchain layer 2 solution - everyone will be going to X9 to ask how to build layer 2 interconnectivity platforms, and the devs will have their pick of the litter in terms of partnerships and solutions to implement.
how do you know that? there is no info nowhere about that
>also implying
Plus, p2p trading is a failure. You need a pool, either by a cex or from a pooled dex.