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.
lol what do you think an order book is, if not a pool of funds for a coin pair?
seriously, of all the fud, liquidity fud has to be the most retarded
Just add an ERC-20 token that is backed by $250 Amazon/Visa gift cards. Fiat Onramp problem solved
This is why I have 30k Dether to go with my 50k XSN.
>Dether
that's a meme token that simply does not need to exist. Look at PFR if you want to see the future of your shitcoin. I advise you to dump it while you can
Ill look into it.
But 30k DTH is cheap AF as far as a bet on a new idea goes, particularly one that solves the fiat problem.
Wow, looked into it, website doesnt even exist anymore, volume $1,200.
No thanks.
Almost shat myself when I checked the price this afternoon. Too bad it was a bug.
lol your mega shitcoin has been around for years and has less than $2k volume. you must be joking
I saw this too I had a heart attack.
Some day though
Based on this
I assume that
is a dev/shill or just a dumb larp
exactly, dether will end up like Payfair in the end. The projects are practically identical. All I'm saying is, you'll never find anybody who can give you a convincing explanation as to why the token needs to exist, because it doesn't. Nobody will use it. My advice would be to dump it asap, but I'll leave it for you to decide
Checked. Basically every country in the world hates its citizens and needs to obsessively spy on and attack them with an endless barrage of maddening propaganda to keep everyone some mix of scared, submissive, corrupt, arrogant, deluded, demoralized, and complicit.
P2P is the natural way. There are a growing number of participants and I expect that culture in itself to skyrocket if governments keep nosediving the way they are.
Fuck off Pajeet, don't pump this shit yet. Still accumulating
xsn shills are getting desperate
bullish
Desperate to increase our bag size
This is a very good point. XSN would be a great buy if it were possible to implement L2 liquidity pools on their platform. Is that something that the team is looking at? Will it be possible?
Don't listen to the other retard.
Tpos on nano is not yet possible.
But after Dex release they will make sure it happens.
May take a few months of coding I think.
Running a MN from the nano will also be possible.
I think even trading directly from your nano will also be a option.
Masternode scam
Too late to FUD down the price.
I'm sorry if you are priced out already.
But you had two years.