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https://twitter.com/Increasity/status/1368924041726287878
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Re: Instant BTC + ETH Trading Made Possible By Stakenet - XSN
So this project have its own blockchain ? And also we can stake the coin like we did on waves wallet ? Where did you get that the team help LTC yeam to implementing lightning network ?
Forgive the late reply. Yes, Stakenet has its own blockchain. Yes, you can stake it.The LTC Foundation and X9 formalized a partnership to collaborate on LN back in 2018.
https://litecoindotcom.medium.com/litecoin-foundation-x9-devs-partner-to-support-ltcd-and-lightning-network-19c37db23d70
LTC Partnership:
https://litecoindotcom.medium.com/litecoin-foundation-x9-devs-partner-to-support-ltcd-and-lightning-network-19c37db23d70
ARK Partnership:
https://ark.io/blog/ark-announces-partnership-with-stakenet
DuckDAO Partnership:
https://medium.com/duckdao/duckdao-stakenet-xsn-partnership-4a2a6e077aeb
And a TOP 5 Exchange on its way this month! What's not to like?
Re: Blocknet solving Ethereums Centralized Data Protocol - Infura
Ethereum went down because of Infura just the other day. SO many people panicked when they logged into metamask to see their balance at: 0.00
Blocknet's Infura solution could be integrated straight into Metamask and give people the option to use a completely decentralized data transmitter in the future, instead of relying so much on Infura itself!
Blocknet's Infura solution could be integrated straight into Metamask and give people the option to use a completely decentralized data transmitter in the future, instead of relying so much on Infura itself!
So if i understand this right. Blocknet has developed their own data transmission service which prevents such outages on the Ethereum network? Pretty insane that nobody seems to talk about this, guess we need to see it in action before people take notice, and actually make USE of it.
There's so many "concepts" and ideas that never reach completion, which is why I'm guessing so many people are sceptical.
The price touched $2 for a short moment. Holding up amazingly well in satoshi value right now, in fact even gained about 1000 satoshi as of lately.
With the current releases about being finished, I'm sure Blocknet will do amazingly well. Holding it with iron fists!
With the current releases about being finished, I'm sure Blocknet will do amazingly well. Holding it with iron fists!
Re: Blocknet solving Ethereums Centralized Data Protocol - Infura
Never heard of "infura" before, but it worries me a bit that Ethereum functions like this?
When is this ready for public use?
When is this ready for public use?
Devs said 2021, that's all we know for sure right now.
Never heard of "infura" before, but it worries me a bit that Ethereum functions like this?
When is this ready for public use?
When is this ready for public use?
Would like to know as well. A few weeks ago when I logged into my metamask account, it said I had 0 tokens on it. I freaked the FUCK out, lol. I thought I was hacked or something, almost got a heart attack, lol. I read about some "Infura outage", but didn't know the technicals behind it.
Ethereum has some centralized points of failures. Nobody cares until something like this happens, haha. Funny thing is, Infura processes millions of dollars worth of fees every day, fees which could be paid to service nodes on the Blocknet chain.
Thanks, guess I need to do some research into Ethereum and Blocknet, seems really interersting, especially because I've never really seen Infura being discussed before.
Only very few people know about Infura from what I've seen. Millions of dollars worth of fees is collected through this node, so it's a very profitable business, however if it goes down, you'll see people freak out, haha.
Blocknet's Infura replacement is just one aspect of their Oracle Network though, they can bridge any blockchain using their XRouter.
The amount of data flowing throug Infura is insane. Metamask is used by millions of people, and these millions of people rely on Infura.
Pretty crazy, since the CEO of Nexus was recently hacked on Metamask.
Source: https://decrypt.co/51355/hacker-steals-8-million-from-nexus-ceo-by-remotely-changing-metamask?utm_source=reddit&utm_medium=social&utm_campaign=sm
You could just trade on DEX's like Uniswap and get around that issue if you really wanted to, lol.
Uniswap is by far the most used DEX to this day, however it has a LOT of limitations, which you can read more about right here: https://cointelegraph.com/news/decentralized-exchange-vows-to-remove-defis-limitations
Pretty interesting read
Uniswap is by far the most used DEX to this day, however it has a LOT of limitations, which you can read more about right here: https://cointelegraph.com/news/decentralized-exchange-vows-to-remove-defis-limitations
Pretty interesting read
Why we need another one DEX? traditional DEX like IDEX are not popular anymore nowdays. And we have Yniswap and a lot hardfork of it which support multi-blockchains..
It's crazy how this project hasn't blowned up yet, gives you an idea of how uneducated people in crypto really is when it comes to tech.
I see where you are coming from. Although, to be fair it went 30x from March to August this year. T
30X? I've been holding since summer 2018, and I didn't see any 30x gains. The price has been at like $0.05 at it's lowest points, and saw a top around $0.70. That's not even close to 30x
Sorry, my bad, this was a typo and should say 20x - it was at 0.025 around March and topped at 0.56 when I am not wrong.
The 0.025 was a flash crash, you couldn't buy down there unless you had some buy order ready. It was selller who fat fingered when he sold. The bottom is at around 5 cents more or less.
Damn you got lucky. My lowest entry point was like 5 cents, but I didn't get much at those prices.
As soon as we can trade LINK/BTC instantly on the DEX, I'm sure the price will 10x over night, if not moon even harder. This is among the best tech I've seen in the crypto space. Pretty exciting tbh.
Re: Stakenet (XSN) The KING of DEFI - Scaling solution for BTC and ETH
-snip-
This stakenet and a bunch user like @OP trying to shiling this token on different board.I already see a lot of thread about stakenet on almost trading/altcoin board, now they are shining the token by giving some statement about "DeFI" when right now this type investment was quite popular.
Looking at the pattern we can simply find the Idea of them shilling for this Riding for the popularity project.
Almost every New token are Pointing the Congestion in Bitcoin transactions Whenever there is a Hype ,But the truth is they are only gathering a prospective Victims.
It's sad that no one with influence is talking about what Stakenet DEX is doing. It's got a lot of promise to it as an L2 DEX that can swap real BTC and LTC for real ETH and ERCs off-chain, but most with influence in crypto continue to promote all the layer 2 components XSN is employing (i.e. Lightning Network or L2 ETH solutions) without giving them an ounce of recognition, or they back Uniswap clones with lots of ICO money instead.
I guess once Ethereum is integrated and you can trade BTC => LINK instantly that people will actually take notice, haha.
On top of that a new top tier exchange will certainly help as well, which is coming soon
I wish I could have bought more of that dip last week.
It dipped down below 600 satoshi for a brief moment. I didn't catch the bottom, got in around 620, and in the green currently. As soon as I saw a better exchange for this project I decided to get in, haha
Nice, I got some around 650, so pretty satisfied as well.
I'm sure the new exchange listing will add more liquidity and a higher price overall moving forward!
Why we need another one DEX? traditional DEX like IDEX are not popular anymore nowdays. And we have Yniswap and a lot hardfork of it which support multi-blockchains..
It's crazy how this project hasn't blowned up yet, gives you an idea of how uneducated people in crypto really is when it comes to tech.
I see where you are coming from. Although, to be fair it went 30x from March to August this year. T
30X? I've been holding since summer 2018, and I didn't see any 30x gains. The price has been at like $0.05 at it's lowest points, and saw a top around $0.70. That's not even close to 30x
Sorry, my bad, this was a typo and should say 20x - it was at 0.025 around March and topped at 0.56 when I am not wrong.
The 0.025 was a flash crash, you couldn't buy down there unless you had some buy order ready. It was selller who fat fingered when he sold. The bottom is at around 5 cents more or less.
Never heard of this project, but I'm pretty interested in DEX's since I try to avoid KYC at all costs.
The fact that you can earn from the trading fees as an investor is interesting, something which could jack the price up significantly in the right environment.
The fact that you can earn from the trading fees as an investor is interesting, something which could jack the price up significantly in the right environment.
That's a cool concept, but honestly believe Blocknet's XRouter could pull in way WAY more money to node owners, especially if they tap into being an Infura replacement. Infura proceses millions of transactions daily, and a ton of money (fees) as well, that if shared among nodes will make a pretty hefty sum of money for each node owner.
Exciting to see if they can pull off some partnerships in the near future.
Everything went up in the past day or so, there is nothing special about blocknet that made it go up and we can see that it wasn't even one of the top coins that went up most neither, it went up on average with the market.
This isn't to say that blocknet is a bad project, I find it quite refreshing and having an improved blockchain helps not only blocknet to get more investors, but also helps future projects as well, whenever there is an improvement on blockchain, next projects add that and their own thing on top so new projects becomes better, blocknet achieved something that could become standard for all projects in the future as well so I do like them.
I just want to point out this awesome blockchain wasn't the cause of the increase we just had, it was market movement.
This isn't to say that blocknet is a bad project, I find it quite refreshing and having an improved blockchain helps not only blocknet to get more investors, but also helps future projects as well, whenever there is an improvement on blockchain, next projects add that and their own thing on top so new projects becomes better, blocknet achieved something that could become standard for all projects in the future as well so I do like them.
I just want to point out this awesome blockchain wasn't the cause of the increase we just had, it was market movement.
Blocknet has a bunch of new tech coming out shortly, which is why It's a good play right now if you got some balls to buy the low.
It's funny how people seem to be so emotional. A shitcoin with no development, no progress, a dying community is a big red flag, but Blocknet is the quite the opposite of that.
Join their Discord server, and try out their new Xlitewallet which is in open BETA right now. It's gonna blow their total DEX trading volume through the roof!
https://xlitewallet.com/
Re: Instant BTC + ETH Trading Made Possible By Stakenet - XSN
Looks like the orderbook monitor got a nice new coat of paint the other day. Pulling almost 2x the volume too
https://i.imgur.com/S3uc1HC.png
https://i.imgur.com/S3uc1HC.png
I have been waiting for a DEX that can do everything for a long time, and yet I am not happy with what we have got and it is obvious the community agrees with me as they keep using CEXs, I really hope at this point that someone does it, we do not really need that hundreds of exchanges pull it off, as soon as one project is able to create a very good DEX the rest will know how to replicate it if it is open source and that is when a new era in this market will begin as we will not depend on CEX anymore to exchange our coins.
Agreed. There are dozens of competitors at this moment in time. Whoever creates the DEX with a Uniswap-like interface, quick swap times, low fees, and near-zero swap failure rates will own this market. True, and Stakenet is 2 years ahead of everyone else, as they started working on this in 2018.
For instant trading to be feasible on a REAL DEX, you need to make use of second layer transactions.
It has done this up and down around 25% for almost every day the past two weeks or so. I wonder what that means.
I expect XSN to take off in the next few weeks. It may get hit first! BTC is shooting back to ATH quickly.What is your reason for this assumption of take off? I don't see much positive written about this coin, expect from the two or three people in this thread who are making these claims all over again.
You'd have to actually follow the project to understand why. Ethereum is getting integrated next, which is a HUGE deal, as it allows instant BTC + ETH trading on the DEX, which is basically everyones WET DREAM.
Uniswap is EXTREMELY popular, but has 2 MAJOR flaws.
1) INSANE trading costs (up to $40/trade due to ETH network congestion)
2) BTC/LTC/XMR and many other projects isn't tradeable, as it's an ETH-based DEX.
Re: Instant BTC + ETH Trading Made Possible By Stakenet - XSN
Uniswap was easy to make, since it's "just" an ETH-based DEX.
To pull off a DEX like the one Stakenet is being, takes 10x more time, but once it's successful, it will absorb a LOT of volume, due to convenience alone.
You think stakenet can pull this off?
Join Stakenets Discord server: https://discord.gg/cyF5yCA
Next download the DEX - It's extremely user friendly, a website version will be available at full release, however YES, they can easily become the BIGGEST DEX in the world, since instant virtually feeless trading among BTC and ETH is every traders wet dream
I understand that in the past 3-4 months it has reached from 4k+ levels to now 1k levels and that is why people are thinking like this is a bad investment and it was a mistake to get involved with it. However what they are forgetting is that this is a "tech" coin, which means the value of the coin is tied to what you can do with it and how the tech improves on it.
So, they started out with a great idea and everyone fell in love with it but the idea was just an idea and execution wasn't there so the love people have turned into sour and they left. Now that it is cheaper, I feel like it could be a better time to get involved because we are talking about actually achieving what they want to do and that could make the price go x2 at least or even back to 4k+ levels as well.
So, they started out with a great idea and everyone fell in love with it but the idea was just an idea and execution wasn't there so the love people have turned into sour and they left. Now that it is cheaper, I feel like it could be a better time to get involved because we are talking about actually achieving what they want to do and that could make the price go x2 at least or even back to 4k+ levels as well.
Do you think they will start delivering on their "idea"?
They have already. You can join their Discord server, and download the DEX which is in open BETA and perform instant BTC transactions. Ethereum is getting integrated soon, which is the last important piece of the puzzle before a full release.
Re: Blocknet solving Ethereums Centralized Data Protocol - Infura
Infura seems like a very bad setup for Ethereum. Never been aware of this, and made me curious about Blocknet, which I remember from back in early 2018. Did a quick glance at it, but never really paid too much attention to the project.
Thanks for sharing this useful info, time to do some research!
Thanks for sharing this useful info, time to do some research!
Re: Stakenet's Lightning DEX In Action Arbitraging Straight From Binance!
This project got a nice push, took some profits and buying back in.
Once ETH is integrated I'm sure we'll see Stakenet taking some massive exposure from the rest of the cryptocurrency community, as instant BTC and ETH trading is important moving forward.
Once ETH is integrated I'm sure we'll see Stakenet taking some massive exposure from the rest of the cryptocurrency community, as instant BTC and ETH trading is important moving forward.
Re: Stakenet (XSN) The KING of DEFI - Scaling solution for BTC and ETH
I cant believe most staking coins are already considered DEFI. Its like they are chasing for some hype to pump the value of the coin.
I guess the one making high gas fees on ETH network is this defi projects listed on Uniswap, we have a trend on Defi now that goes directly to uniswap and they are fighting for gas price increasing it little by little to be prioritize. I am just curious why you called Stakenet as the king of defi? Do they have already a working defi project on stakenet blockchain? Upon checking stakenet explorer some of the supply are on cryptopia which is a hacked exchange.
There is no king of defi, Shouldn't it be UNI token? since its literally caused the community to notice it and made Eth miners happy.Uniswaps exchange is a fucking mess. Why? Because Ethereum can't scale at all. Take a few mins and research XSN. I can't believe how many people here who fail to do actual research on projects that will change the way we trade in the future.
INSTANT Ethereum trading
INSTANT Bitcoin trading
EXTREMELY low fees
What's not to like here? And all this, while remaining 100% decentralized.
This is just ONE of Stakenet's dApps, with many more to come, which will benefit the whole ecosystem.
Any word on upcoming exchange listings?
Devs cannot disclose that, due to NDA's, but it's coming.
It's not their biggest priority, since you can access all CEX's via their DEX very soon