Search content
Sort by

Showing 9 of 9 results by TDLM
Post
Topic
Board Speculation (Altcoins)
Re: Stakenet - Next short term 10x - Here's why.
by
TDLM
on 13/12/2020, 04:29:07 UTC
it is true, XSN has a big potential for 10x, but the target I achieved is 2-4x.
now the XSN price has gone up 7%, even though the Bitcoin price has not yet experienced a high pump again,
if Bitcoin is above $ 20k, the XSN price will go to $ 1

Liquidity has always been an issue with the DeFi space, imagine a project launching and because of Liquidity, it gets shut down  Sad Sad

Good thing is that in Stakenet you'll have all the liquidity you can ask for haha
Liquidity providers will ensure that there are crypto in volume on this DEX. You can trade straight from the Binance order books without even needing to log in. This is what makes Stakenet as the greatest Defi players we have now in the market.



P.S.

It's all thanks to liquidity providers. DeFi project is largely identical to the health of decentralized liquidity venues. I'm glad to see that a certain project or great teams from the space are attacking this key problem and striving to unlock a new phase of maturity and innovation in the cryptospace as a whole.  Cheesy Smiley

Stakenet already has solutions to problems that other 'dexs' have had before. Good to see them planning ahead, many projects die very quickly after launch.
Post
Topic
Board Speculation (Altcoins)
Re: Instant BTC + ETH Trading Made Possible By Stakenet - XSN
by
TDLM
on 13/12/2020, 04:17:51 UTC
Never really heard about this project before, but sounds pretty promising. Have they made successful ETH swaps on The Raiden Network yet? That's all I want to know  Cheesy

They dropped raiden for connext. Connext already has windows support and some pairs unlike raiden.
Post
Topic
Board Speculation (Altcoins)
Re: Instant BTC + ETH Trading Made Possible By Stakenet - XSN
by
TDLM
on 13/12/2020, 04:05:16 UTC
How much fees asked there for simple BTC to ethereum convertion ? Is this one working the same as shapeshift where you only need to transfer amount and you will recieve it in provided address .i use that website in early 2017 when they are not requiring kyc for easy trade but not now. Is that exchange also asking to be verified with identity required?


Can you also trade in that exchange from ethereum to BTC and vice versa?
Afaik, if you start with standard BTC you pay the on-chain tx and a tiny channel rental fee once (all automated) to move it to L2 and swap it into ETH. From there, it's on L2. The same is true in the case of Ethereum. Start with ETH on L1, pay the on-chain fee and tiny channel rental fee once. The rest is done on L2.
Was shapeshift a mixing coin mixing service? I remember there were a few places that acted as custodians and triggered exchanges immediately, but they are in a rather murky area legally-speaking and are also capable of pulling an exit scam.
The biggest appeals to using Stakenet DEX are: no accounts, no KYC, non-custodial wallets, fast sync times, and no need to manually download individual blockchains for every coin you want to swap into. Your wallets and your keys are always yours and yours alone.

This is exactly how Stakenet leading the innovation and stuff of defi and crypto. I love the backbone of their project which is building the infrastructure of allowing INSTANT virtually FEELESS transactions by using 2nd layer networks for BTC (The Lightning Network) and Ethereum. This is the main reason why it is backed by a rock-solid bunch of users

The problem with on-chain transactions is: Transactions need to be confirmed on the blockchain to be accepted on the network, this takes time sometimes even HOURS on Bitcoins congested blockchain with 1 MB blocks storing the data of transactions.

The advantage of off-chain transactions is that transactions are instant, and the fees MUCH lower, since a Lightning Network node used to verify transactions is WAY more powerful, and thus confirms transactions faster. Off-chain transactions are nearly instant, and works much much better in a trading environment, such as a DEX.

This. The time for bitcoin to confirm is the biggest issue.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XSN] Stakenet - The World's First Trustless Proof of Stake Coin
by
TDLM
on 13/12/2020, 03:55:05 UTC
Here is another exchange possibility.

SPECIAL PROMOTION UNTIL DEC 31, 2020!

No listing fees for any asset we approve for listing between now and December 31st, 2020! Yes, you heard that right.... Oh, and no other weird fees either...


What's this?

Also will the Cryptopia stuff effect xsn? There are a lot of coins on there from what I understand.
Post
Topic
Board Speculation (Altcoins)
Re: Stakenet (XSN) The KING of DEFI - Scaling solution for BTC and ETH
by
TDLM
on 13/12/2020, 03:49:01 UTC
You're welcome, it's at the very bottom of that announcement.
Really excited to see which exchange they've made deals with!

I'm sure it will make it much more appealing for new investors to get onboard.
I'm more excited about the article they published on ETH scalability. A small part here:
Quote
What makes Connext the best choice for our DEX infrastructure is their recently released protocol, Vector, a cross-chain routing network that can bounce between other L2s, ETH shards, primary blockchains and even EVM-compatible chains such as Binance smart chain, Ethereum classic, TOMO chain, and others.

Vector supports conditional transfers routed over intermediary nodes, instant cross-chain and cross-asset transactions, plugin support for non-EVM turing-complete chains, zkRollups, easy deposit/withdraw interface, and low gas costs. All of this is packaged in a lightweight program, containing no more than 2500 lines of code.

Other advantages of Connext are client stability, supporting all operating systems including Windows, and live support for ETH, USDT and DAI. All these mean we will be able to easily add further pairs once we successfully implement and test Vector protocol, making us the first DEX adding support for BTC/USDT and other crypto-stablecoin pairs, without any need for wrapped coins on Ethereum mainnet.
A lot more is in play than I expected.  Grin

I'll be interested to see where this goes.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XSN] Stakenet - The World's First Trustless Proof of Stake Coin
by
TDLM
on 02/12/2020, 04:36:22 UTC
Any news on simple swap for the open beta group?
Post
Topic
Board Speculation (Altcoins)
Re: Stakenet - Next short term 10x - Here's why.
by
TDLM
on 02/12/2020, 04:27:48 UTC
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  Smiley

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.
It was very sudden. I went home from work early that night and put every remaining penny I had into sub-4¢ XSN.

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.

Nice, my average buy in is around 10cents. So I managed to get my nodes nice and cheap. Honestly this project could easily pump 10x from a big exchange listing alone. If you add in native eth trading plus everything else they want to do then it's hard not to be bullish on stakenet.
Post
Topic
Board Speculation (Altcoins)
Re: Instant BTC + ETH Trading Made Possible By Stakenet - XSN
by
TDLM
on 02/12/2020, 04:20:32 UTC
Stakenet is really a great DEXs platform that can support Defi projects, but at the moment Stakenet doesn't have many real users. Although the above articles are quite complete about the introduction of features and technology of Stakenet, that is not enough. It's best to create a bounty campaign and do AMA in communities in which you feel important.
So if you want to do AMA in large communities please contact me, I am managing a sizable community of about 13k people and lots of Vietnamese KOLs.
My telegram username: @ payheree88
Don't hesitate to PM me to get the big discount.

Well, the DEX volume has  increased a lot the past few months, more and more people trades on their platform, and I'm sure as soon as ETH is integrated that a LOT of Uniswap users will move over to a cheaper and faster alternative  Grin
I think most of that volume is bot stress testing, so they can push the lightning network more and see what it is capable of. This also allows them to show that lightning can scale.
Post
Topic
Board Speculation (Altcoins)
Re: Stakenet (XSN) The KING of DEFI - Scaling solution for BTC and ETH
by
TDLM
on 02/12/2020, 04:13:37 UTC


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

Any idea which one this could be?
From what I hear it's a top 20 exchange.

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'm more excited about the prospect of XMR/BTC atomic swaps being added to the DEX.  Grin
I think XMR is a long way away from being lightning ready. Of course normal atomic swaps are being worked on atm.