/biz/ - Business & Finance

All the FUD in this thread is months-old.
Go dig through some threads from the past few months. You will find the same OpenDEX/boltz/liquidity/Hydra FUD all throughout.
There's a reason why XSN has survived all this time and continues to grow.

>>23868522
Vortex sucks... the liquidity from CEXs

>>23857806
>full-fledged LN swap DEX
>also pulls from CEXs for additional liquidity
Have your cake and eat it too approach

>>22676951
XSN was building towards L2, Lightning, and Raiden well over a year ago and it was only a few weeks after XSN started attracting industry attention from Vortex and some of the things listed in the OP that you had several ICOs pop up offering to do exactly what XSN has been working to do alone all this time.

>>21204427
You don’t CZ so start lubing up your asshole chink

I don't see a single competitor that's as far advanced or as far along in any way, shape, or form.
XSN is fundamentally choice.
Get your MNs in before Raiden integration goes public. Now is the time to accumulate. XSN is the future and the future is now.

what's so special about it

>>20794318
The momentum of the cryptocurrency space has snowballed exponentially over the past decade. Each market cycle to this point has brought a cornucopia of new strides and breakthroughs in blockchain technology. The rapid growth has led to immense profits for an uncountable number of long-term participants.

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That which ages among the best is that which only becomes more biting and significant over time. Originally published by Eric Hughes in March of 1993, the Cypherpunk Manifesto has a short, sweet, and directly to the point message with an especially understated foresight about it that’s decades ahead of its time. It is a must-read for any digital native. It emphasizes the essence of digital privacy, decentralization, censorship-resistance/immutability, and the freedom to remain anonymous at-will. It argues that these principles be made manifest for any form of communication or commerce. Its backbone lies with every individual coder who cherishes the fruits of civil liberties and dares to counter and obsolete the many intrusive and invasive forms of technology with open-source, cryptographically effective solutions for the greater good of society.

>>20634696
Anons newer to crypto, take note of this post. It exhibits the difference between trying your hand in crypto and getting burned or doing well.
Strategize before you invest. Make a solid plan first and be sure you want to stick to it before you open your wallet.
Avoid taking positions irrationally at all costs - especially if you're dealing with large amounts of money. Do not let mood or sentiment influence your decisions. That's how you get overconfident rookies who buy the top or sell at a loss and miss out on gains due to impatience or a sudden change of interest from one alt to another.
The more you own your own head, the more you gain a unique perspective on the market to help you plan ahead more effectively.
If you insist on a more impulsive style of trading that involves staring at price charts more than doing research or fundamental analysis, I recommend throwing $100 or so at random alts occasionally just to see what happens.

>>20389075
XSN always has organic enthusiasm.

Raiden Integration into the DEX has begun

As the DEX and wallet are now stable, developers have begun work on integrating Raiden into the DEX. This will bring…

Stablecoins (such as DAI)
Leveraged trading (FTT + FTT Tokens )
DeFi (COMP + more)

We have already executed cross trades from BTC to ETH via Lightning and Raiden and have a proof of concept in place. We look forward to working with the Raiden developers and community for this task of creating a much needed BTC<>ETH bridge over these 2nd layer protocols

https://medium.com/stakenet/xsn-core-dev-update-july-12-2020-72cac6050377

>>20249561
It's all a part of the plan!

>>20195737
THREADLY REMINDER
>LN was poorly implemented
I don't see how Lightning will take off beyond a hobbyist phase without massively centralized interests getting involved.
>Stakenet designed an ecosystem that takes what Bitcoin implemented for LN and makes extraordinarily powerful use of it
Stakenet's solution is notable for embedding LN nodes into masternodes so the LN nodes have access to all the collateral locked in the MNs (quasi-centralized liquidity pool within a purely decentralized network). The nodes will be running 24/7 in the background atop all that liquidity to rout payments and should take very little maintenance to keep up.

It could very well solve multiple problems in the industry by meshing the gears of many underutilized together.

Lightning?
>Lack of liquidity. Not profitable enough at the individual level.
Staking?
>Inflationary. Sometimes to an extreme. Underutilized use-case outside of securing the integrity of the network.
DEXs?
>Low liquidity, low volume, paper-thin orderbooks, AND difficult to access for 99.9x% of the world.
Atomic swaps?
>A big win for DEXs but still potentially very slow depending on which coins are being swapped.
Masternodes?
>Like so many staking coins, what do they do other than secure the integrity of the network and inflate the circulating supply?

Using m a s t e r n o d e s and the collateral locked within them to power L i g h t n i n g A t o m i c S w a p s which serve as the infrastructure for what could very well become the speediest and most liquid D E X in the industry and using a conservative inflationary supply to gradually produce more m a s t e r n o d e s which, in a way, provide an opening to expand the exchange with additional servers so it doesn't hit a bottleneck. It's both genius and shocking that no one in crypto seems to even know that it exists.

Over the last 15 days obtaining a masternode has gone from $600 to $1200 to $2000 and now it's at $3,000. Better get in now before it hits $5,000. Next year it'll be in the tens of thousands at least

>>20114058
Absolutely beautiful system

WHAT THE FUCK WAS THAT!

>>20081142
You can literally only buy XSN on livecoon. Wait until either you can buy it on CEX or the DEX is fully released this year and becomes the default trading platform. If Stakenet was smart they'd create a mobile app like coinbase but decentralized obviously and allow people to connect with their bank IF THEY WANT TO. Don't make it a requirement. Not sure if this is possible but crypto trading is evolving and XSN/Stakenet is leading that charge

This is the last one I have.

Whales are eyeing XSN more than ever since the DEX pulled orders off of Binance. We want more masternodes.
The impact this can have on the entire industry is especially powerful for it's tiny market cap and the available supply for sale is <1%

Stakenet Vortex is the exchange that every DEX tries to mimic and every CEX wants to be. Old /biz/ knows
https://www.youtube.com/watch?v=TsHE2rqIH9A
Get in before Raiden interop and the general crypto market really start to wake up. This is going to be at the forefront of the next bubble.

If they're fudding, they're only trying to accumulate more.