Stakenet XSN. Their DEX is coming out on December 10 and it's been one of the only coins in the green the past few days. Massively undervalued and finally gaining some recognition after 3 long years in development.
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BoardAnnouncements (Altcoins)
Re: [ANN][XSN] Stakenet - The World's First Trustless Proof of Stake Coin
by
nightflightcourt
on 06/12/2021, 15:27:44 UTC
It's been a little over 3 years in the making, but Stakenet DEX is due for release December 10th!
Indeed, however as far as insights, everybody has their own perspectives on this, since every individual who utilizes any stage has individual necessities so somebody needs to utilize the stage and that is autonomous of different things, for example, accommodation and highlights allies.
I think it just comes down to who has the fastest, safest, best working product for most.
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BoardAnnouncements (Altcoins)
Re: [ANN][XSN] Stakenet - The World's First Trustless Proof of Stake Coin
by
nightflightcourt
on 14/03/2021, 08:15:36 UTC
How come XSN didn't do anything special for it's 3rd birthday?
2020 showed us that Decentralized exchanges have a lot of advantages and they can be really comfortable to use. There is only one problem, which disturb to make it more popular - high fees. When it will be solved some way (some already have decisions like layer 2 etc), DEXes commuinty will grow and maybe CEX will be less populr than now. 2020 was a start year for DEXes. The main game starts only now, I think
Layer 2 is the next battleground for sure. It makes the difference between a DEX feeling like a CEX and it feeling slow and having no liquidity.
Getting listed on Bitfinex is like an investment and it was so goooood...
Everything needs to be good to go, keep moving forward. There will be more eyes soon as the team will continue to complete more of this Tier 1 exchange listing.
Are there good layer 2 DEXes coming out? Paying $100 for a trade on Uniswap seems like an anatham to the point of DEXes -- to allow cheap exchanges to happen fast.
Stakenet
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BoardSpeculation (Altcoins)
Re: Which DEX do you believe will be the most used 2 years from now, and why?
by
nightflightcourt
on 12/01/2021, 17:47:24 UTC
Another case for Stakenet DEX
Now that it has been listed on Bitfinex, and Bitfinex supports LN BTC, you can send BTC to the DEX and privately swap into other LN-based coins and ETH/ERCs instantly after buying it
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BoardSpeculation (Altcoins)
Re: Stakenet (XSN) The KING of DEFI - Scaling solution for BTC and ETH
The majority of CEX's currently on the market are going to lose a lot of value when new regulations are drafted and take effect by the SEC. You may not want to believe it, but this is the most probable outcome.
That has already been happening at an accelerating pace since 2017, especially 2018. The ones that are left will have intense KYC and no privacy coins.
I'm not sure whether all you stakenet shill(s) realise but when there's multiple newbie posts across close on a dozen threads shilling stakenet it's more likely to deter investors rather than attract them.
Going back a few years a couple of bagholders could attract new investors by posting on multiple threads but people are more cautious nowadays, you're doing more harm than good in attracting attention to the project regardless of its potential.
Sure man... The project just pumped 35% today. Call us shills all you want, but if you actually listened, you'd be WAY in the green right now. When this thread was made XSN was evaluated at $0.05. It's at $0.43 now, and soon it will do another 10x on top of that.
Bitfinex listings are powerful
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BoardSpeculation (Altcoins)
Re: Which DEX do you believe will be the most used 2 years from now, and why?
The title says it all basically. The DEX competition is HUGE, so many projects seems to be competing in this field. The first DEX on the market was Blocknet, pretty decent DEX, but there are so many out there.
What do you guys think?
Time has proven that swap based dexes have really become dominant and they were an instant hit as they provide ease of use for the traders and investors alongwith additional profiting features in the form of yield and liquidity mining.
Leaning heavily towards Stakenet DEX.
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BoardAnnouncements (Altcoins)
Re: [ANN][XSN] Stakenet - The World's First Trustless Proof of Stake Coin
DEV UPDATE We have integrated Ethereum and ERC-20 (USDT) into our closed beta builds now in community testing These also come with ConnextNetwork support to allow for L2 swaps on the Ethereum network
In 10 years, Lightning Network will be as obvious as Bitcoin... Only a few people understand what LN can do and what it can imply.
This is why I understand why a project like Stakenet doesn't get more attention. Soon they will realize how important Stakenet as it's the only project working on trustless instant BTC, ETH, LTC, transactions with next to 0 fees on their DEX and Multi-Currency Wallet (built in 1 dApp). People use Bitcoin to INVEST and NOT SPEND so they don't care much about the onchain fees/transaction fees.
No idea how many more times we'll see BTC and ETH clog to a crawl before people realize the potential of L2
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BoardExchanges
Re: It seems that KYC will be a must for all CEX users in Future
by
nightflightcourt
on 08/01/2021, 23:04:32 UTC
All these pairs are running on a lite wallet with a DEX embedded into it.
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 ?