/biz/ - Business & Finance

>stakenet

>>28743463
First you must know the problem:
https://youtu.be/9__pLF0MtmY

The solution looks like pic related

>>27306536
Why the FUD?
Yes FUD is inevitable, but in Stakenet's case, it is quite excessive.
There are plenty of suspects, some old, some more recent. Whales who sold the absolute bottom. Team members who ragequit. Bagholders, even developers, of other competing projects. Whales. Shitposters.
Does it even matter? They can't even stop anyone from shilling XSN here.

>>26903429
for me, it's XSN

XSN is based

>>26620061
XSN - We exist

XSN $100 2021

plan your buys wisely

(X) I know DEFI is the entire purpose of crypto. Its why btc was created. So we can be our own bank.

(X) I know BTC did not succeed because it didn't scale and for btc to succeed now it requires lightning network. For similar reasons, I know for eth to succeed, connext is required.

(X) I know a DEX with atomic swaps is too slow to be commercially feasible. A lightning and connext dex is required.

(X) I know people are fearful of trading on CEX due to situations like Cryptopia and Quadriga.

(X) I know XSN is the only project with a true dex integrating lightning and connext. It will allow people to trade peer to peer directly from their computer. They always hold their coin. Never transfer to an exchange.

(X) I know XSN has an actual working product available for public beta testing, and full launch date being announced this month

(X) I know XSN is not a project that talks. They just do. I don't have to worry about an exit scam.

(X) I know XSN masternodes will process transactions on the dex and will receive the fees.

If all of the above are true, my masternodes will fucking buy me a nice big boat and quit wagecucking.

I cannot fathom how ANYONE in the crypto-sphere with even a basic understanding of the industry is not balls deep in XSN.

For the first time ever, trading between blockchain will truly be decentralised. The two largest blockchains by market cap, BTC and ETH, will finally be able to be traded directly over a DEX.

What does this actually mean? It means you can directly trade BTC for ETH, safely, privately, instantly, and cheaper than ever.

The ENTIRE purpose of cryptocurrency is DECENTRALISED FINANCE, and this can only be accomplished when we can conduct our crypto affairs on a DEX that facilitates

This is a fucking game changer and its right under our noses, right around the corner.

Even if you dont invest in XSN, it's going to change your crypto experience for the better.

>>26011622
checked and redpilled.

>>25994517
Cope

>>25959933
Checked.

>>25946488
Stakenet is literally a perfect name for us.

>A network is defined as a system consisting of many similar parts that
are connected.
>A stake is defined as a vital interest in a business or its activities.
>A stakeholder is any person or society at large that has an internal or
external stake in the vision and mission of a business.

>Thus, anyone who is actively or passively influenced by the activities of cryptocurrencies becomes a stakeholder of the blockchain economy. This includes
ownership and holding of coins, property and legal interests, economic and social
dependencies, developer and community activity, and any other crypto related work or interest. That way, cryptocurrency stakeholders:
>Affect the blockchain economy.
>Are affected by the blockchain economy.
>Be both affected the blockchain economy and affect the blockchain economy.

>Putting all this together, we can start to see the vision Stakenet is pursuing. A
technical architecture to connect all the stakeholders of the blockchain economy
into one giant network - the Stakenet.

>>25870656
Let me explain something to you.

When it comes to investing, the name of the game is to buy LOW, sell HIGH. Ideally, we want to buy something really low, that will rise really high. We want the potential reward to be enormously greater than the potential downside. This is called an ASYMMETRICAL RISK.

So you have to find something LOW that is fundamentally GOOD, and has the potential to rise HIGH.

Now an asset will often be LOW because it has not yet reached it's full fundamental potential, and there is an element of RISK. If you ever want to make a lot of money investing, you will always have to take on a certain element of risk.

The TRICK is to take ASYMMETRICAL RISKS, as described above.

Stakenet is one the greatest asymmetrical risks you will ever come across. Instead of choosing to make it, you're choosing to sit on the sidelines, and if it works out THEN you'll buy, at a medium price. But guess what? By that point - you're no longer making an asymmetrical play - you're holding potentially as much downside as upside.

We are getting in at the ground level.

strongly recommend XSN btw

If Bitcoin begins to soar again, it's going to need a powerful Lightning solution or it will quickly become lethargic and expensive to send money with.
On-chain tx bandwidth needs to be ruthlessly optimized with priority to large sums of money. Sending $1 million? Do it on-chain and screw the fees. Buying a beer? Lightning.

If done right, Lightning channels can handle the heavy load of small, irrelevant txs, freeing up the pipeline for tx that genuinely need the benefits of on-chain.

For Lightning nodes to do this effectively, they need liquidity. That source of liquidity remains a subject of controversy, and rightly so.
It burdens the end-user to provide their own liquidity in a way that's inconvenient and hardly profitable, which beckons centralization on a massive scale.
In other words, you either have something that's decentralized and doesn't work, or something that's extremely centralized and works well. 1000s of water pumps atop 1000s of drying and shallow wells that can't provide liquidity, or a massive water company that's monopolized the water supply. It could turn a desert green, but it could become corrupt and start ripping off the town.

What's the way forward? You can't change how LN was implemented on Bitcoin, but you can work with it independently.

Masternodes are excellent LN routers, namely because they're
>secure
>run 24/7
>evenly spread out all over the world
>provide collateral - "Alice and Bob" only have to worry about securing their wallets and making good backups

If you put an entire masternode network to the task of doing this, you get heavy collateral that provides serious liquidity for small off-chain Bitcoin tx.

tl;dr - LN flows like liquid, and your options to scale liquidity are
>1000 pumps on 1000 shallow wells
>a water company that holds the town hostage
>a deep underground water reserve that's in one pool, possessed by no one, directly accessible from the surface

This is what Stakenet has been building, /biz/. Don't miss out.

>>25780333
>>25780399
>>25780777
checked.

>>25209801
i am never selling. suck my wang.

>>24941349
Didn't notice the xsn logo, however you are wrong. XSN is anti-jew you fucking abomination.