Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XSN] Stakenet - The World's First Trustless Proof of Stake Coin
by
falce
on 15/12/2019, 12:58:29 UTC
so since the team lets its own ann thread die, here the accomplishments from q1-q3:

unlock for staking only
trezor integration (no tpos)

oh and as a bonus 100% xeeda-integration - you know the smartphone hwwallet that never came to be. the mclw was at 100% for almost a quarter, but is finally back to 99% gonna be interesting if it goes to 98% next.

but hey the next shilllists are being prepared i assume


there are 16 days of 2019 left and the team deployed - according to their roadmap - the following useable items:

ledger integration (no tpos)
trezor integration (no tpos)

as well as some not useable items:

One-click Lightning Network swaps [M] - not useable due to having no Stakenet Wallet(formerly mclw) deployed beyond the testphase
One-click Lightning Network privacy swaps [M] - same thing
Stakenet Wallet: TOR integration [M] - same thing
Stakenet Wallet auto updates [M] - same thing
Xeeda hardware wallet XSN support [V] - not useable due to no xeeda device

so all in all this year has brought us nothing really useable besides ledger/trezor integration. the testwallet is not a finished product - or to quote the team "During periods of hardcore backend development it is hard to show the larger audience the progress you are making, especially as there are no products they can use to see or measure that progress as nearly everything is done on the backend." (https://medium.com/stakenet/stakenet-2-0-a-new-era-e60288bf90c0 emphasis mine) and don't get me wrong, i would be happy if i would have been wrong with what was called fud. but in the end of the year my treasury analysis (https://bitcointalk.org/index.php?topic=3213013.msg50709268#msg50709268) was even too positive as recent developments showed, as well as my interpretation that 100% items will need about 1-2 quarters to being deployed (wallet was at 100% in may for example). the decentralized teams working on different parts of the stakenet infrastructure/environment don't really show as well. the only thing being developed seems to be the coin, there is no wp for anything but the coin, epos (XSN EPoS whitepaper and roadmap [V] at 20% on the roadmap) has not been heard of for quite some while, the fund for the hardwaredev (XSN Viper) did not materialize in anything seeable but 35% on the roadmap. so the decentralized teams working around different parts of the stakenet environment are rarely spotted. one of my favorites from the beginning CCPOS, which would allow to stake xsn and get rewards in for example btc, is at 10%. in the end the roadmap was too packed and too ambitious.

so what would my christmas wishes be?

firstly some realism. don't get items to 100%, which are not deployed/finished. don't cram the roadmap with stuff that gets no attention from the devs for one reason or another, don't add any more funds unless there are finished products. and either get rebecca back or hire someone new. so i guess i mainly wish for a more professional appearance, which would enable people to follow development without the necessity of being in a testing channel.

secondly - any release. but since i think that that can be butchered by having bad marketing first things first.

thirdly since i don't care too much for the hardware(if i remember correctly the vote back in slack times was 5mio coins in funds) or epos anyway, don't invest in those unless they become more than some acronyms and flashy names - for decentralized teams it should be possible to write a whitepaper on the whys of them. if they still have some funds don't touch them until the price increases.

or to put my wishlist into one word - i wish for professionalism