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Re: [ANN][XSN] Stakenet - The World's First Trustless Proof of Stake Coin
BTC<->ETH still lacks a good interop bridge
ERC tokens form a massive economy and provide an immediate solution for stablecoins
ERC tokens form a massive economy and provide an immediate solution for stablecoins
Hi thank you for your answer I'd have another question
I have red this on their website
Treasury
The treasury is a cryptographically sealed public address that holds money allocated to it by the network
10% of the block rewards go to the treasury.
Used to fund any Stakenet related development, project, marketing campaign, et cetera
No centralized entity owns or has access to the money in the treasury.
Funds proposals must be submitted and voted democratically by the Masternodes.
It is effectively owned by no one and everyone at the same time.
what is this Treasury? Doesn't seem weirc that there is this public address ''used to fund any Stakenet activity? Could you einlight me on this?
I would be careful when if I would be investing in crypto startups . If we look at the old charts vs new ones only 2-3% of projects are still in 2020 . Most of startups from crypto failed
To it's credit, XSN got beat up almost immediately but it survived. Development never stopped.Hello... how can you say that it survived? Based on what?
actually this is a problem of the work system. where all use work methods that aim to provide good service to users. but if it reduces the working power of speed, of course this is a new problem
Not sure what you're trying to say here.
The Lightning Network doesn't have much incentive to run on BTC itself due to the low rewards for hosting a node
why low rewards for hosting a node?
Right now they are working on integrating ETH, and it's tokens to the platform, along with trading bots etc.
Yes. Like I said yesterday, it's too early to conclude that stakenet DEX aggregator will solve the problem with status quo DEX.
and who will do it? kyber?
From my research, Stakenet makes the Lightning Network decentralized, since the Lightning Nodes will be hosted on decentralized masternodes. So it's apparentely a different thing compared to Lightning directly on top of BTC, which could very well become centralized
but isn't the Masternode a centralized way to obtain consensu?
I don't see how this is going to do 10X before Bitcoin Halving in May, people need to be realistic unless you are just shilling your bags to other people. BTC halving is going to suppress the market for now, the way I am seeing things and I expect this to be
shouldn't BTC halvening pump the market?
For Dex to succeed and overtake the centralized exchanges there would have to be a big disaster that would scare people and make them withdraw from CEX and move to DEX. A ban on CEX that would make DEX trading the only way to exchange could work. Without it CEX will continue to dominate.
maybe whales can use them
Their DEX is pretty soon ready for a public release, which means that everyone can get to try it out, I expect a massive marketing push, which could catapult the price to 10x it's current value easily, since what they do here, is a world's first.
a x10 is too much in these market conditions.. this is not 2017
So if you wanted to pay someone, you can take advantage of LN, open a channel so that the other party can issue the payment without adding congestion to the network, p2p, off-chain transaction.
How can XSN help in this scenario?
Guess I need to do some research on Lightning, as this post above is pretty damn interesting.
I've seen a lot of hate on Lightning as of lately, but this seems like a cool implementation idea. Thanks for posting.
I've seen a lot of hate on Lightning as of lately, but this seems like a cool implementation idea. Thanks for posting.
Who is hating Lightning Network? when we can save a lot of transaction fees although it has some limitations. But it could really help in a way, specially if we go on another parabolic run choking the network.
So if you wanted to pay someone, you can take advantage of LN, open a channel so that the other party can issue the payment without adding congestion to the network, p2p, off-chain transaction.
Which limitation does LN have? How can they be solved?
Stakenet is by far one of the most promising projects I've seen as of lately. You'd have to have followed the project to truly understand it's potential, but I'll try to explain it briefly here.
1) They helped the Litecoin team with Lightning Network integration on the LTC chain.
2) Stakenet is the industry leader in terms of Lightning Network developments, building and improving the technology in a way that benefits everyone. Their new Lightning DEX, which is an integrated part of a multi currency wallet they've been working on for the past year is bound to be a huge success for the following reasons:
Speed
Ease Of Use
Option To Hold And Trade Multiple Coins
The whole eco-system is ran by masternodes, who will do the dirty work (routing transactions back and forth over the Lightning Network), this means that Lightning node operators already have an incentive to keep them running, since the masternodes is profitable to run from the get-go already.
USDT, Ethereum (and it's tokens) will be integrated as well.
This is just a small, yet important part of Stakenet.
Stakenet invented cold staking, which means that you can stake XSN through their "Trustless Proof Of Stake" protocol.
Please do yourself a favor, and watch this small presentation video:
https://www.youtube.com/watch?v=sXj3_qKSUBk&t=3s
1) They helped the Litecoin team with Lightning Network integration on the LTC chain.
2) Stakenet is the industry leader in terms of Lightning Network developments, building and improving the technology in a way that benefits everyone. Their new Lightning DEX, which is an integrated part of a multi currency wallet they've been working on for the past year is bound to be a huge success for the following reasons:
Speed
Ease Of Use
Option To Hold And Trade Multiple Coins
The whole eco-system is ran by masternodes, who will do the dirty work (routing transactions back and forth over the Lightning Network), this means that Lightning node operators already have an incentive to keep them running, since the masternodes is profitable to run from the get-go already.
USDT, Ethereum (and it's tokens) will be integrated as well.
This is just a small, yet important part of Stakenet.
Stakenet invented cold staking, which means that you can stake XSN through their "Trustless Proof Of Stake" protocol.
Please do yourself a favor, and watch this small presentation video:
https://www.youtube.com/watch?v=sXj3_qKSUBk&t=3s
ok but why do you shill it so much?
also I have red that masternodes make it centralized in some way
Here's the MNs running a DEX that natively executes instant BTC/LTC swaps! 
https://www.youtube.com/watch?v=wSNFhFBKmsc
https://www.youtube.com/watch?v=wSNFhFBKmsc
I'd love to see actual trading bots executing orders on the DEX itself. Since we'll have a DEX aggregator combining DEX order books from other DEX's (such as Komodo), liquidity will be of no problem if you want to do some arbitrage. Pretty exciting to see how it plays out
As far I understand... only orders from decentralized exanges can be taped into XSN... this thing can not compete with the liquidity provided by centralized exanges
Here's the MNs running a DEX that natively executes instant BTC/LTC swaps!
https://www.youtube.com/watch?v=wSNFhFBKmsc
https://www.youtube.com/watch?v=wSNFhFBKmsc
Imagine when USDT (Tether) implements Lightning to their chain. You'll be able to tether up in seconds whenever you see a massive BTC pump. As this will be available as a phone app, you'll be able to tether up while on the go. Absolutely mind blown!!
can't this already be done now without XSN? ''theterng up in seconds''
XSN's solution is capable of effectively solving the Lightning Network's current liquidity problems
How? With Masternodes? But they are centralized.. masternodes make the coin centralized
Stakenet's using masternodes for some interesting purposes
https://i.imgur.com/G6IypAd.png
1.) High liquidity
2.) Code agnostic dApps
3.) Native Lightning compatibility
It's a powerful mix.
https://i.imgur.com/G6IypAd.png
1.) High liquidity
2.) Code agnostic dApps
3.) Native Lightning compatibility
It's a powerful mix.
is the team of x9 the same of XSN?
Re: [ANN][XSN] Stakenet - The World's First Trustless Proof of Stake Coin
The recent dev update is truly amazing. Being able to tap into Binance's order books with a trading bot applied to the DEX itself is pretty amazing. I can't wait for the official launch of this!
What does this mean? That order sitting on binance can be executed on the XSN dex? How can binance allow this?
Also another question: when will the dex go live?
here I read 2018... why didn't they deliver?
https://i.ibb.co/FWjLszK/dx2018.png
Re: [ANN][XSN] Stakenet - The World's First Trustless Proof of Stake Coin
True, I've been loading up my truck recently, and got a few more nodes. I'm sure it's gonna pay off BIG time long term! 
Nice. Even if XSN suddenly pumped 3x-5x, I think it will stay undervalued until it gets certain recognition from higher ups in the crypto industry. Vitalik described exactly what XSN has been building for 2 years earlier and said we really need it: https://i.imgur.com/iDxyGXy.png
Unfortunately, he doesn't seem to know that Stakenet exists yet. It's frustrating, but also reassuring. XSN really is out on the forefront.
Once Raiden interoperability is a go on the wallet, native, full-scale BTC/LN <-> ETH/ERC20/Raiden interoperability will be a powerful reality too impossible to deny.
I just finished beta testing the new build. I wasn't expecting to see LTC/BTC and XSN/BTC pairs up so soon.
https://i.imgur.com/jOnvkXY.png
I'm sure this is one of the few projects that ACTUALLY could do a 100x from here.. That's $4/coin which isn't too far fetched. Am I buying more? HELL Yes!
why do we need raiden for XSN?
Are replacements for CfB & Ralf board seats announced yet?
http://iotaarchive.com offers an up to date overview about all relevant news related to IOTA including IF announcements. Both seats have not been staffed yet.
Self-Amending Upgrades IOTA
can someone tells me what is this please? I have red it on the IOTA news, what does this mean for iota, can help please?
IOTA Foundation develops crypto wallet secured with biometric authentication
https://app.algory.io/app/cryptonews/836946/iota-foundation-develops-crypto-wallet
I think such features and use of the latest technology should boost IOTA position in cryptospace!
IOTA Fundamentals Growing; Azimuth And Coordicide Could Ignite Bulls Aiming At 55 Cents
https://app.algory.io/app/cryptonews/835807/iota-fundamentals-growing-azimuth-and
I hope we will see even better IOTA price rise at last!
https://app.algory.io/app/cryptonews/836946/iota-foundation-develops-crypto-wallet
I think such features and use of the latest technology should boost IOTA position in cryptospace!
IOTA Fundamentals Growing; Azimuth And Coordicide Could Ignite Bulls Aiming At 55 Cents
https://app.algory.io/app/cryptonews/835807/iota-fundamentals-growing-azimuth-and
I hope we will see even better IOTA price rise at last!
Hello I have red of a method implemented by IOTA to secure it, basically when idle the network is spammed with 0 $ transactions... can you describe better this method?