You have 2 months left to get at least 1 master node. The window is closing soon. FUD all you want. Stakenet is very bullish.
XSN window is closing
Bentley Cook
Other urls found in this thread:
orderbook.stakenet.io
twitter.com
Brayden Brown
spoonfeed me
Benjamin Hall
The exchange of different assets between two remote 3rd parties has long-required either some sort of custodian to act as an intermediary or a potentially-unreliable pact of trust since ancient times.
As pioneered by Bitcoin itself, the blockchain allows for a "trustless" and cryptographically auditable P2P exchange of one particular asset (i.e. Bitcoin as P2P cash).
CEXs, which arose primarily as fiat ramps, are the direct antithesis of everything that Bitcoin stands for. They are not secure. They attempt to retrofit Bitcoin into the legacy system that Bitcoin seeks to destroy by instituting KYC/AML policies. They are custodial and run on an easily-exploitable honor system that has invited exit scams.
Crypto-to-crypto fell prey to the broken, vulnerable, honor system honeypot nature of CEXs.
A proper DEX solution - an exchange that is as secure and as trustless as Bitcoin itself and honors it's cypherpunk essence - has been sorely desired for ages.
HTLCs and atomic swaps were a major breakthrough in the earlier days of DEX technology that allowed, finally, for an exchange of one particular asset (BTC) for another (LTC).
Excellent, but with a catch...
Early DEXs, however, were largely inaccessible for 99% of those in crypto. Being totally decentralized, they not only required you to download multiple blockchains, but made you wait for someone else who downloaded multiple blockchains to fill your order. There was no central liquidity. Since there was no central liquidity, there was little incentive to go to all the effort involved in setting up a DEX environment.
Making matters even more confounded is the issue of interoperability. Different chains, different programming/scripting languages. Therefore, each "bridge" between a different blockchain has to be bespoke, so to say.
Uniswap has made some great strides in building a community and using Ethereum's blockchain along with wrapped assets to create a sophisticated on-chain DEX.
1/2
Hudson Lopez
2/2
Nearly every DEX that's surfaced post-ETH is basically attempting to clone what Uniswap has already successfully built.
The Stakenet developers took a different approach. They bet on the future of Lightning Network, itself a means for Bitcoin to scale beyond its limitations effectively and without bloating the size of the blockchain itself. They bet on Layer 2 solutions and started building their infrastructure around them back near the end of 2017.
Standalone Bitcoin Lightning nodes have long been a convoluted mess to setup. Traditional "Lightning swaps" are also very involved. They are, however, instant and with very low tx fees.
The Stakenet devs basically took LND's model and began working to automate what used to take hours down to a few clicks. Then they created a solution to open and organize multiple channels. Then they put orderbooks behind it. Then they implemented channel rentals so that you don't already need a little bit of the asset you want to swap into in the first place. Then they implemented liquidity aggregators to fill the orderbooks. Then they automated all that into a Uniswap UX while working on integrating L2 Ethereum solutions like Raiden and finally Connext, which allows for trustless L2 swaps between anything in the ERC ecosystem, ETH itself, ETC, TOMO, and a few others.
The end result and tl;dr of all this is a DEX that you can swap real BTC into real ETH with after a 20 minute sync time (specifically for BTC LND). You don't have to worry about liquidity. You don't have to download multiple chains. You don't have to use Metamask. You don't have to create an account, submit to KYC, wait hours/days for your order to be filled.
All you have to do is download the wallet, make a deposit, and either use the "Simple Swap" UI (SSUI) or the classic/pro trader DEX orderbooks. Filling orders is as fast as it is on a CEX. One recent demo had someone do 17 swaps in a minute.
Jacob Bailey
What these “but ETH 2.0” clowns fail to realise is that even with ETH scaling to 3000TPS all that will mean is that smart contracts can unload even more shit onto the chain and it will just get clogged up again. Layer 1 will never be scalable enough to meet the demands which is why Layer 2 is needed regardless of Layer 1 scaling solutions.
Hunter Bennett
Are the transactions instant?
Are the fees low?
Is it real crypto not derivative shit like fantom?
Do you need to wait for the initial transaction every time you start trading?
Will the service be complete soon before the market competition beats it out?
Is it secure?
Is the team good?
Is it easy to use? (You literally only need three or four things on your screen to trade shitcoins, binance for example is less popular than cuckbase for this reason. Fuck iff with your shitty charts I will go to coingecko for that.)
Is there KYC?
You anons do understand what a decent dex means right? You literally only need a way to use your coins for payments before banks are obsolete. Jews will fight this with everything they have (they own government, banks, insurance companies, media, the internet servers etc.) before they will hijack it if they cant ruin it.
So my question is, is it JEW resistant?
If yes to all these I’m all in. But doubt it.
Ian Collins
Based project. My first lambo will have "xsn" on it's license plate. 9MN's should be enough
Samuel Gomez
Yes to all these except kyc
Ryan Brooks
>forgot to change IP
uh oh
Caleb Ramirez
No I was correcting my original post
Answer my fucking questions
Evan James
I have thought about buying this for a long time. Looks to have potential
Jason James
daily reminder XSN is a SCAM
eth2 + uniswap + wrapped assets will lead the future
they all talk about how profitable masternodes are and do not understand the high inflation behind XSN shitcoin itself
Brayden Moore
Can’t wait to see the first burns here:
Elijah Rivera
dogecoin is also very inflationary, nothing stoped it from gaining value
Elijah Green
this is the coin for you user.
Noah Torres
sorry man, i don't invest in shitcoins
David Brooks
>orderbook.stakenet.io
yeah, bullish
Isaac James
>eth2 + uniswap + wrapped assets will lead the future
this is what the FUD has come to? this is just sad
Tyler Cook
desu, i have never felt so comfortable with my investmen as im with xsn. Just look at the chart, naver have seen somethin more bullis
Liam Taylor
Chainlink is jewcoin great reset bs
Charles Stewart
I need someone to spoonfeed me or i will come back as a fudder and do it that way
Gabriel Rodriguez
>tfw someone is assmad enough to fud XSN everyday for 6 months straight and all it does is make the MN count shoot up
2200 in June
2700+ in December
you will never get your time back
Benjamin Baker
AS ONE PERSON I CANNOT CHANGE THE WORLD, BUT I CAN CHANGE THE WORLD OF ONE PERSON.
Colton Morgan
Looks like a shitcoin, as I simoly asked “is this a proper dex” and you guys had no answer, the other thread even said no.
Kek
Shitcoin
Asher Bennett
>Are the transactions instant?
Y
>Are the fees low?
Y
>Is it real crypto not derivative shit like fantom?
All assets traded on Stakenet DEX will be with real assets. No wrapped BTC or ETH necessary.
>Do you need to wait for the initial transaction every time you start trading?
If you are sending from Layer 1 to Layer 2, you'll have to wait for 3 confirmations before it is available for trade. However, if more exchanges begin to adopt LN BTC as Bitfinex or xmr.to have, it will be instant.
Bitcoin, of course, has the longest wait times as it's blockchain is usually slow.
>Will the service be complete soon before the market competition beats it out?
Every ICO that's sprung up in the past few months only attempts to clone Uniswap (L1-based w/ ERC tokens). I don't know of any other DEX that's working towards coin pairs like BTC/ETH or BTC/USDT (itself a massive market)
>Is it secure?
As secure as the blockchain.
>Is the team good?
X9 did a tremendous lot for L2 interoperability for their relative obscurity within the crypto space and a lack of ICO money.
>Is it easy to use? (You literally only need three or four things on your screen to trade shitcoins, binance for example is less popular than cuckbase for this reason. Fuck iff with your shitty charts I will go to coingecko for that.)
Is there KYC?
1.) Deposit the coin of your choice
2.) Use SSUI to swap into something else (or manually send it to L2)
>You anons do understand what a decent dex means right? You literally only need a way to use your coins for payments before banks are obsolete. Jews will fight this with everything they have (they own government, banks, insurance companies, media, the internet servers etc.) before they will hijack it if they cant ruin it. So my question is, is it JEW resistant?
Being that the MN network is global, the only way I could see the powers that be stopping it is with KYC blacklists/punishing everyone who attempts to use it. That always fails. Even China can't ban BTC.
Brody Nelson
[GELİŞTİRİCİ GÜNCELLEMESİ]
#DEX 3.4.1 versiyonuna yükseltildi. Bu versiyonda gelen özellikler:
- Ücret ayarlaması
-kaydırma özelliği
- Arayüz/Swap geliştirmeleri
ve fazlası.
$XSN in önümüzdeki dönem için planı
Adam Adams
The token itself is centralised garbage. Not buying that.
Joshua Russell
1- **Donanım cüzdanı desteği** (light cüzdan üzerinden cold stake ve masternode yönetimi)
Bu hafta gelecek olan ana cüzdan güncellemesi ile birlikte, light cüzdanı kullanarak Ledger ve Trezor üzerinden masternode ve TPOS yönetimi yapılabilecek.
Julian Anderson
>dogecoin
>value
Jeremiah Foster
I remember when the window was closing because it was going to price out at a dollar by August. August hit and it was not a dollar and even then that's not pricing out. A dollar is not very much. If you don't have 15k to your name you should not be in crypto at all. Much less scammy $10mm microcrap 'gems' like this. At least Raiden is right around the corner and will propel us to $10, right? Then the fudshills will finally cope and be able to seethe out of Turkey.
All the talk about aggregator but their cloud service doesn't even use their dex's orderbook. Pricefeed comes straight from coinmarketcap which will often exclude livecoin price and use beaxy's $5 of volume price. Total joke, the dex is such shite even the devs refuse to use it and don't even know how to pull price info from an orderbook.
Brandon Smith
Kek. Take note: these people ran out of legit criticisms months ago. All they can do is make shit up and spam threads for hours - everyday - and hope someone is stupid enough to fall for it.
Legitimately bullish. If they had any real criticisms, they'd post them.
They don't and they're probably increasingly mad that their efforts haven't been able to discourage anyone. They're outright frothing at the mouth. Seethe harder.
Michael Brown
>Team was part of exit scam of PoSW where they left supporters holding a big bag of shit. Look at chart for confirmation.
>Coin has no value. It's not used in transactions for the DEX.
>You can't run any real DAPPS on it because it's build on BTC tech, so you can't run smart contracts on it
>DEVS are broke, but own the masternodes, so vote for themselves to mint money out of the treasury as often as they can
>Running scam marketing campaign that only low level, no funds, garbage projects, with no institutional investors run
>Blockchain not needed, Coin not needed, DEVS exit scammed
I'm all in.
Anthony Jenkins
>if i spam disinfo in every thread everyday, someone might believe me
Feel free to keep going. You'll be at this for another year.