/biz/ - Business & Finance

>>26015580
>>26015650
>>26015699
>>26015754
>>26015806
The question is what’s the point of a native token on a chain that facilitates Lightning Swaps?
There have been two main criticisms of Lightning Network thus far:

1. Decentralization
2. Liquidity

By using the XSN native blockchain to host a one-click Lightning Swap solution, it gives the advantage of utilizing its second layer Masternode collateral to solve both of these issues.
Masternode collateral can only be achieved by using a native blockchain, since the rules need to be baked into the first layer to have secure Masternode’s in the first place, so you cannot use DApps or off-chain tokens to have the same effect or solve the problems that require a dedicated Masternode network.

With our native blockchain you will be able to take this collateral and allow Masternode owners to make that collateral work for them by generating fees from routing Lightning payments, becoming Watchtowers, holding other chains, providing Light Wallet TX broadcasting services and liquidity for the Lightning Network as a whole.
Furthermore, all major infrastructures will be built using Masternodes to provide a decentralized service without hurting normal users on the base protocol.

XSN users and owners will be rewarded accordingly via demands for XSN to set up these Masternodes or using it as a medium of exchange, because it will be one of the most liquid Lightning Networks necessary for high volume trading and general payments.

This is one of the major selling points along with other exciting capabilities our second layer will allow in the future. As new technologies regarding smart contracts, DApps, and scaling come into the scene we will also be able to uniquely solve problems that these technologies might face using the same approach we are taking with Lightning for example.

>>25866607
>>25866634
>>25866662
>>25866683
The question is what’s the point of a native token on a chain that facilitates Lightning Swaps?
There have been two main criticisms of Lightning Network thus far:

1. Decentralization
2. Liquidity

By using the XSN native blockchain to host a one-click Lightning Swap solution, it gives the advantage of utilizing its second layer Masternode collateral to solve both of these issues.
Masternode collateral can only be achieved by using a native blockchain, since the rules need to be baked into the first layer to have secure Masternode’s in the first place, so you cannot use DApps or off-chain tokens to have the same effect or solve the problems that require a dedicated Masternode network.

With our native blockchain you will be able to take this collateral and allow Masternode owners to make that collateral work for them by generating fees from routing Lightning payments, becoming Watchtowers, holding other chains, providing Light Wallet TX broadcasting services and liquidity for the Lightning Network as a whole.
Furthermore, all major infrastructures will be built using Masternodes to provide a decentralized service without hurting normal users on the base protocol.

XSN users and owners will be rewarded accordingly via demands for XSN to set up these Masternodes or using it as a medium of exchange, because it will be one of the most liquid Lightning Networks necessary for high volume trading and general payments.

This is one of the major selling points along with other exciting capabilities our second layer will allow in the future. As new technologies regarding smart contracts, DApps, and scaling come into the scene we will also be able to uniquely solve problems that these technologies might face using the same approach we are taking with Lightning for example.

>>25822280
>>25822311
>>25822389
>>25822417
>>25822441
In short, all services running on the Masternode network will generate fee’s that will be paid in XSN in one way or another. Many users may not even realize they have paid in XSN as it will all be handled by Lightning swaps in the background. For example, if someone wants to trade BTC/LTC then the fee will be initially collected in BTC, however this BTC will be converted into XSN via a Lightning Swap in the background. That XSN will then be distributed back to the MN holders for providing the services.

This will happen for every service that is run on the XSN Masternode network, such as the Privacy features and upcoming DApps. We believe this economic model will provide a constant demand for XSN with fees collected constantly being converted to XSN and then distributed back to Masternode holders.

We have also partnered with professional trader Frank Amato (current Block 5 Capital Co-Founder, Former Executive Director of JP Morgan, Former Managing Director of Bear Stearns), to help design the Stakenet dx, as he provides insights on how the one-click Lightning Swaps can meet the expectations and requirements of seasoned traders. It will have a “Pro-Trader Mode” which will serve ambitious and also seasoned retail fund investors.

>>20976133
>>20976157
>>20976181
Apart from that, the other advantages of the Stakenet’s Cross-Chain Lightning Swaps are:

>The coins which the users hold never leaves them unless the transaction is completed giving them unlimited access to their coins.
>With coin in their wallets, they also benefit from all the utilities, features and staking rewards of the coin.
>The user remains anonymous as he doesn’t have to provide any Know Your Customer (KYC) details to anyone providing the user with complete anonymity and freedom to trade fearlessly.
>Not being in hands of central authorities, the Stakenet dx cannot be shut down by anyone, not even Stakenet.
>All transactions are done on a peer to peer basis without the involvement of a central authority, making the transaction more secure and less expensive as the fees are lower.

>>20888522
>>20888545
>>20888573
>>20888581
>>20888593
The question is what’s the point of a native token on a chain that facilitates Lightning Swaps?
There have been two main criticisms of Lightning Network thus far:

1. Decentralization
2. Liquidity

By using the XSN native blockchain to host a one-click Lightning Swap solution, it gives the advantage of utilizing its second layer Masternode collateral to solve both of these issues.
Masternode collateral can only be achieved by using a native blockchain, since the rules need to be baked into the first layer to have secure Masternode’s in the first place, so you cannot use DApps or off-chain tokens to have the same effect or solve the problems that require a dedicated Masternode network.

With our native blockchain you will be able to take this collateral and allow Masternode owners to make that collateral work for them by generating fees from routing Lightning payments, becoming Watchtowers, holding other chains, providing Light Wallet TX broadcasting services and liquidity for the Lightning Network as a whole.
Furthermore, all major infrastructures will be built using Masternodes to provide a decentralized service without hurting normal users on the base protocol.

XSN users and owners will be rewarded accordingly via demands for XSN to set up these Masternodes or using it as a medium of exchange, because it will be one of the most liquid Lightning Networks necessary for high volume trading and general payments.

This is one of the major selling points along with other exciting capabilities our second layer will allow in the future. As new technologies regarding smart contracts, DApps, and scaling come into the scene we will also be able to uniquely solve problems that these technologies might face using the same approach we are taking with Lightning for example.

>>20863340
>>20863350
>>20863373
>>20863393
>>20863415
The question is what’s the point of a native token on a chain that facilitates Lightning Swaps?
There have been two main criticisms of Lightning Network thus far:

1. Decentralization
2. Liquidity

By using the XSN native blockchain to host a one-click Lightning Swap solution, it gives the advantage of utilizing its second layer Masternode collateral to solve both of these issues.
Masternode collateral can only be achieved by using a native blockchain, since the rules need to be baked into the first layer to have secure Masternode’s in the first place, so you cannot use DApps or off-chain tokens to have the same effect or solve the problems that require a dedicated Masternode network.

With our native blockchain you will be able to take this collateral and allow Masternode owners to make that collateral work for them by generating fees from routing Lightning payments, becoming Watchtowers, holding other chains, providing Light Wallet TX broadcasting services and liquidity for the Lightning Network as a whole.
Furthermore, all major infrastructures will be built using Masternodes to provide a decentralized service without hurting normal users on the base protocol.

XSN users and owners will be rewarded accordingly via demands for XSN to set up these Masternodes or using it as a medium of exchange, because it will be one of the most liquid Lightning Networks necessary for high volume trading and general payments.

This is one of the major selling points along with other exciting capabilities our second layer will allow in the future. As new technologies regarding smart contracts, DApps, and scaling come into the scene we will also be able to uniquely solve problems that these technologies might face using the same approach we are taking with Lightning for example.