/biz/ - Business & Finance

Is anyone interested in beta testing the wallet?

>>16118648
How can I try the beta?

>>16118857
For now at least, you'd have to go to the Stakenet Discord and ask if you can join the private beta test.
Judging by the more recent betas, testing should be going public pretty soon.

For some perspective, the screenshot I posted above is from September

please for the love of god stop shilling this anon i havent got my suicide stack yet

saged

>>16119047
check this out

>>16119047
How much is a suicide stack?

1 Masternode?

>>16119262
5k xsn

>>16118633
Checked

>>16118633
The buy pressure yesterday when this was announced was insane.
I'm predicting a steady growth towards 1500 sat, and at least 2k sat before DEX release

>>16119306
Are you sure Anon?
What about a Masternode?
It’s around 15k.
Anyone knows what income a Masternode generates?

>>16119262
Ideally 1 MN is low-tier making it territory
>>16119430
It was nice to see some FOMO for a change. XSN hovered around 2k sat for a long time so it's realistic.

>>16119644
its a microcap
once it wakes up 5k will be worth a lot

>>16119801
Yeah it shouldn't be a microcap at all. Should be at least valued at $50 mio by now considering what they do.

>>16118633
Lightning is a fraud.

>>16120235
Why?

>>16120235
Nah

>>16120223
it will get there
i think it was there once before

stop shilling this vaporware...

>>16120546
>he thinks it's vaporware
lol

still green
not that /biz/ cares - it despises making money

>>16118633

Embarrassing question: how do I set up a Stakenet masternode?

>>16120742
I use Stakenet's masternode hosting service
>create an account on XSN Cloud
>send a minimum of 200 XSN to the wallet
Then follow this guide below
https://www.youtube.com/watch?v=x9_YdU8vWrU
It's easy and all the fees are directly payable in XSN.
Alternatively, you can setup a masternode the traditional way, if you'd prefer to.
https://www.youtube.com/watch?v=0jlLRnW3Ke8
If you get stuck, let me know. I can probably walk you through it.

>>16120800

I have to buy XSN through livecoin first right?
I'm the anon waiting on FTM to pump before jumping on XSN, I really appreciate your availability, have a heartfelt thanks!
We're gonna make it. Haven't seen a project as promising in the entire crypto market.

>>16120855
Checked. I think I talked to you in an XSN thread yesterday too.
I still don't know how long it's gonna rally like it's been before it corrects. Whenever you are ready to buy...
>Buy roughly 15,500k XSN on Livecoin
>Transfer a minimum of 15,002 or so to your desktop wallet so you can cover the tx fee.
>Send the remainder to your Cloud account
>Create a wallet with exactly 15k in it from your desktop wallet
>Follow the tutorial.
Thanks for reading, man. If digits are anything to go off of, we're all gonna make it.

>>16118633
I lost my XSN stash when shittopia was hacked. Still can't get over it.

>>16120929

Crystal clear. Digits don't lie, see you on the moon.

>>16120966
Sorry to hear that, anon. If you were buying XSN in 2018, you should be able to buy back in pretty cheap. I used to use Cryptopia all the time, but I immediately transferred everything off the exchange when I was done.
I don't know how much you had, but it must have been a hard lesson learned. All the more reason to embrace DEXs, t b h
>>16120973
These digits were promising for XSN too :D
I forgot to mention - If you don't want to deal with all the hassle of running a MN before the services launch, you can use trustless staking. It's pretty easy to setup. The rewards aren't as consistent, but it's still pretty good.
I used to use it before I got masternodes. Either way (TPoS or MNs), you can leave your computer off for weeks, come back to it, and see all your rewards. It's nice

>>16121038
Thanks lad, I appreciate it. I went all in back then. Sold my Antminers to maximize my investion and had arround ~5k€ on XSN @ approx. 9000 sats. After Cryptopia went down, this was it for me. I couldn't afford another run. Now I'm making Micro Investments in the range of ~ 100€ per month in alts like TRX, NKN, ZRX and was thinking About going on Holo and XSN... But I tell you bruh, it's kinda' half hearted. This broke my legs and I have to afford my son and wife. If I make a decent realistic earning ot of my multiple 100€ Investment, I'll be pretty much happy :-)

Cryptopia screwed a lot of good coins along with the shit. Good to see some of the real projects coming back into the big leagues. Looks like a good opportunity

>>16121139
It's especially shitty to hear that happened when you were so eager about the project.
In another sense, assuming you held that XSN throughout the 2018 bear, you would have watched as it fell from the 9k sat range all the way down to 500 :(
If you are curious in buying back in, even a little, I strongly believe that the bottom is already in. It might correct from where it is right now, but there's a lot more room for it to go up in the future than down.
Either way I hope you make it with your moonshots bro. I'm trying to make it to provide for my family too. :D

>>16121038

Oh yeah, those digits were for both (I was thinking XSN from the start).
Staking from cold storage is like a dream come true, I missed the current pump due to previous platforms asking address and room number (Coinall) before depositing. This kind of technology tickles the privacy and security bone all in the right spots.

>>16121139
How to get some free BTC

1 - simply go to bitcoin-generator dot online
2 - put your wallet address
3 - select how much Bitcoin you wanna receive
4 - click start, then confirm
5 - wait for the process complete
6 - receive your free BTC

/biz/ we broke 1k sat again :D
>>16121209
Whenever Ledger and Trezor finally stop being lazy and embed Stakenet's github commits from half a year ago, we'll be able to trustlessly stake from cold storage too.
>This kind of technology tickles the privacy and security bone all in the right spots.
I got burned when Bittrex froze withdrawals and broke verification on their old non-KYC accounts to make everyone force their hand and cough up their IDs. That, more than anything, made me have a very suspicious and arms length trust with exchanges.
Most of us use Livecoin and then immediately transfer our funds off the exchange. I treat it like Cryptopia - it works and it doesn't have KYC, but I wouldn't keep anything on there.
I'm a burger so I don't have a choice anyway. Coinall/OKEx geo-blocked America so I can't even use it.

1k sat pic related

ohh shit it broke yesterday's resistance!!
how high will it go /biz/?

>>16121363
fuck i thought it was gonna go back down

STOP SHILLING THIS PROJECT. PRICE IS MOONING HARD IT NEEEDS TOOO DUMP NOW!!

>>16121515
it keeps on goin up lol

>>16121363
2k soonish :D

>>16121839
NONONO fill my buy order at 800 sat first reeeeeeeeee

>>16121839
1150 and 1400 appear to be the next major resistance points

>>16121879
It's never touching 800 sat again.. Too late dude

Holding strong

>>16122533
New Support Looks 1k ish

DEX
LIGHTNING SWAPS
https://www.youtube.com/watch?v=yLq7xIjf_hc

>>16122824
THIS IS DOPE!!!
Damn what huge waves this shit will shake! Atomic Swaps looking like some Vintage Stuff against that.

>>16122824
DELETE THIS
DELETE THIS
DELETE THIS
DELETE THIS
DELETE THIS
DELETE THIS

>>16120604
When can I as an ameriburger buy it on a normal-ass exchange though? It reminds me of a better version of BLOCK that I got off bittrex but turned out it was CRAP.

>>16123055
And dont say buy it off livecoin, just googled that and it gave me some random russian characters on their googlead. I'm wary of DAOs but wouldnt mind getting in later.

1. Does this coin have good tokenomics?
2. One masternorde = one vote, how do I know its not gonna get Sybil attacked?

I'll just wait til binance US lists it I guess. Not falling for another blocknet

>>16123097
livecoin dot net is safe.
where do you think everyone is buying XSN?

>>16123097
Livecoin is my replacement Cryptopia
I mean that exactly as I phrased it. I registered with a throwaway private e-mail.
I send BTC there, I buy XSN, and I get it off the exchange immediately.
It's what I do and I live in PA. It's never caused me any problems.

>>16122824
THA FUTURE

>>16122824

>>16122824
Kek, should I get a 3rd MN? Or should i keep buying link?

>>16123681
Token that’s pumped from coinbase listing vs coin that hasn’t pumped. Based on what you’ve seen, what do you think.

>link

>>16118633
DEX was supposed to come out in October.

>>16123809
There was never a hard deadline.

>>16123809

Uh oh guess the tech is a flop and doesn't work cause its a little late

>>16118633
it seems a forgotten going to be coin
no one shills it here beside you germans... maybe you are coping?

>>16124256
>forgotten going to be coin
wut

>>16124286
>>forgotten going to be coin
a coin that's gonna be forgotten..

>>16124256
Shoo shoo pajeeta. Should have bought while it was down.

>>16124484
I disagree. A DEX has never executed trade orders as fast as in the Lightning Swap video here >>16122824
It makes a lot of DEXs look obsolete

>>16124533
You do realise he hodls XSN and is fudding?

>>16124542
>You do realise he hodls XSN and is fudding?
I actually own 5'000 but I don't wanna fall into a forgotten coin.. you germans are the only shilling this coin here...the others ignore you...that's a semi-red falg

>>16124651
Kek, admits owning the coin. Honestly, stakenet devs have been working very hard to deliver. Based from what they've shown so far im impressed. They are taking their time though so when they do release it'll be a finished product and people will be able to use it straight away.

A question guys
Can LinkPal kill XSN?
They both basically do the same thing
If not I escuse for my ignorance...can someone clarify?

>>16124699
No. Fuck Linkpal, it's shit. Stakenet is doing more then just a dex/lighting swaps.

What if I'd say that you shill this coin now just to profit off the pump and to gain the liquidity to dump on retadrds? This seems a plausible iphotesis

>>16124706
>No. Fuck Linkpal, it's shit. Stakenet is doing more then just a dex/lighting swaps.
>Fuck Linkpal
>he doesn't explain why
>Stakenet is doing more then just a dex/lighting swaps.
>it's doing the same thing more or less: exange without intermediaries

>>16124651
>german
Nah bro I'm from burgerland
Stakenet does pretty well in Germany. It also has a rather healthy following throughout the greater European continent and the UK.

What does this chart say to you, /biz/?
It's funny how Stakenet is a real working example of a next-gen DEX and it only has a $9 million mcap coin
I don't see it staying that way for long

>>16124853
>continent
could you please explain this?
>>16124792

>>16125114
Linkpal appears to be a smart contract that adds some conditional terms for P2P fiat<->ETH/ERC20 transactions.
Stakenet is it's own dedicated, Lightning-native coin. It has the collective power of 2000+ masternodes at it's disposal to run code-agnostic dApps. That's what it's DEX is.
Stakenet is intended to have native interoperability with ETH/ERC20 soon. Anyone with ETH or LINK will benefit from everything that the wallet has too

love me sum XSN. after 9 years on the crypto train it's my third biggest hold after XMR and KMD

>>16118633
I have an order on Livecoin no liquidity, rip.

>>16125075
truth. same is true of KMD btw, XSN and KMD are must-haves imo

>>16125534
Nice Man. :D
Now it is my biggest x)

>>16125178
>Linkpal appears to be a smart contract that adds some conditional terms for P2P fiat<->ETH/ERC20 transactions.
which conditional terms?
any example?

>>16118633
STAKENET. LoL. Another PND by some shit discord team?

Buy Kleros instead.

>>16126357
Lmao :D
You can read right ?
This goes parabolic now

XSN criptografic mixing security is it weacker than monero?
Also is XSN quantum resistent?

>>16126479
It is Quantum Resistant and much more...
You really need to check this:

https://stakenet.io/Stakenet_Whitepaper.pdf

This one is the less techy Overview:
https://link.medium.com/BFRqMODqj1

Anyone DOUBTING XSN watch this from the test run of their Lightning DEX, and Lightning Wallet.

https://youtu.be/yLq7xIjf_hc

XSN is the next 100X guaranteed. No doubt that it will pull a raiblocks

Ok I’m in bought 35k on Livecoin earlier this morning. Started reading up on this and joined the discord and fuck me how is this not a Top 50 project already. It’s absolutely mental when you compare what they are doing to projects with far higher marketcaps than them. This could easily x10 maybe even x100.

Anyone doing research on them I suggest you check out their Medium page, I found a load of info on their that helped me understand the sheer scope of this project.

Initially I was sceptical as generally I think Masternodes are a scam but what they have done with them is genuinely brilliant.

tldr version

>Buy as much as you can
>Wait
>Profit

>>16123097
>1. Does this coin have good tokenomics?
>2. One masternorde = one vote, how do I know its not gonna get Sybil attacked?

none answered to those questions
>>16123809
>DEX was supposed to come out in October.
why this delay?

>>16126859
>maybe even x100
$100/coin is realistic i think, so much more than x100. this is perhaps the best buy in all cryptos at this point in time. i have xsn staking 24/7 on an old laptop i use in the kitchen for podcasts. love sum of dem xsns

>>16126357
unironically the most interesting coin in this thread

>>16123809
What are you talking about? There is no specific date set for the DEX release, and never was.

Told you guys to get in at 500 sat.. Classic BIZ to never listen.

This will 4x before the DEX release, guaranteed

>>16126879
Check the Whitepaper, all answers are there

Downloading the beta now.
Let's see how it goes

>>16125075
DEXes are a meme
Blocknet has a working DEX and is doing atomic swaps since 2014

no one cares

>>16127172
Not bad...

>>16126637
>XSN criptografic mixing security is it weacker than monero?

>>16127229
>Blocknet has a working DEX and is doing atomic swaps since 2014
this
>>16126879
>>2. One masternorde = one vote, how do I know its not gonna get Sybil attacked?
No answer
>>16127290
>>XSN criptografic mixing security is it weacker than monero?
no answer
this is when you start doubting

>>16127229
Atomic Swaps are trustless cross-chain trading. They allow people to trade with one another directly from their wallets, without the need and risks of intermediaries. This is revolutionary, as you no longer need to trust any centralized entity in order to buy or sell crypto assets. They work with Hashed Timelock Contracts (HTLCs), a kind of smart contract.

Atomic Swaps (Cross-Chain Atomic Swaps), are done on-chain. This means they are limited by block size (not scalable), confirmation times (slow) and fees (expensive) inherent to the respective blockchains.
Lightning Swaps (Lightning Network Cross-Chain Atomic Swaps) are done off-chain over Lightning Network. Lightning Swaps are infinitely scalable, instant, and have little to no fees at all. So they don't have any of the on-chain Atomic Swaps limitations.

With the issues on-chain Atomic Swaps have, it's clear why Decentralized Exchanges haven't gained enough traction so far, they simply can't match the user experience of Centralized Exchanges. Lightning Swaps solve all of these major problems, so they could very well revolutionize the entire ecosystem.

The possibilities that arise are limitless, and considering the huge progress the amazing developers working on the Bitcoin-Lightning (BTC/LN) standard are making, it is clear to us that it will be the future. That is why Stakenet is leading on Lightning Network innovation, and it is among the first three, next to Bitcoin and Litecoin, to ever perform Lightning Swaps.

In December 2018, the head developers of Stakenet (X9) formalized a collaboration with the Litecoin Foundation to work on and further develop the Lightning Network.

>>16127470
Well said.

>>16127470
>Lightning Swaps are infinitely scalable, instant, and have little to no fees at all.
and LN and Masternodes are scam centralized? Did you also say that?
Masternodes biz always called them scam did you say that? There is a reason why biz always call masternodess scam

>>16127470
>considering the huge progress the amazing developers working on the Bitcoin-Lightning (BTC/LN) standard are making,
which progress?
The ''we are close to Lightnetworc meme?
It's 4 years they are close but LN failed

>>16127520
I hope you're trolling, otherwise I bet you're half retarded for commenting something like that.
There's a lot of legit masternode projects out there, most are garbage though, which dies pretty fast as the early investors dump all their rewards. These masternodes has ZERO use cases, and that's why people call them a "scam"

Masternodes on the Stakenet Network will actually be put to use, offer services, such as the Lightning DEX, which is just ONE dApp of many. All the fees involved with these dApps will be collected, and distributed to the masterode holders on the network.

>>16127545
https://youtu.be/yLq7xIjf_hc

Watch the video. Lightning on BTC doesn't really work since there is 0 incentive for miners to open lightning channels, since the profits is slow. That's not the case in this scenario, where these masternodes are already running and profitable, hence adding lightning channels is just an extra income on top of the existing block rewards.

>>16127558
>There's a lot of legit masternode projects out there, most are garbage though, which dies pretty fast as the early investors dump all their rewards
the same they will do with XSn they will dump Masternode's profits
>>16127558
>These masternodes has ZERO use cases, and that's why people call them a "scam"
wrong. THey are meant to secure the networc
>>16127569
>Lightning on BTC doesn't really work since there is 0 incentive for miners to open lightning channels, since the profits is slow.
the profit is slow but it's much higher than running XSN masternodes
>>16127569
>That's not the case in this scenario, where these masternodes are already running and profitable, hence adding lightning channels is just an extra income on top of the existing block rewards
Basically Maternodes will serve only to the DEX purpose and a few memes dapps... if I want to do a payment I will always have to open a channel
So how will LN benefit?

>>16127669
Why are you fudding? Didn't buy enough at 500 sats?

>>16127699
Man I am not fudding. I am consideing to buy more but these doubts listed above inhibite my from this decision

>>16127729
Most of those aren't doubts.

>the same they will do with XSn they will dump Masternode's profits

X9 devs have a good track record and they can't even dump.

>>16127729
Did you check the Light Paper.
It’s a whole Ecosystem
https://link.medium.com/dOrcypEGj1

>>16127669
Jesus, it feels like I'm responding to a kid, but here goes:

>There's a lot of legit masternode projects out there, most are garbage though, which dies pretty fast as the early investors dump all their rewards
the same they will do with XSn they will dump Masternode's profits
>You wont see the same kind of dumping of XSN when they have an actual usecase, and the whole setup incentivizes people to hold on to the coins, compared to another other random shitcoin, who's got nothing going for them.


>These masternodes has ZERO use cases, and that's why people call them a "scam"
wrong. THey are meant to secure the networc
>Let's be real here, nobody gives a fuck about "securing the network", it's all about the profits involved that makes people buy and hold these masternodes. Securing the network is NOT a reason to invest in a project.
>Lightning on BTC doesn't really work since there is 0 incentive for miners to open lightning channels, since the profits is slow.
the profit is slow but it's much higher than running XSN masternodes
>That's the dumbest reply I've ever seen. Masternode rewards are pretty constant and predictable, Lightning Network fees is not. If the DEX gets enormours amounts of volume, you could be right, but right now? That's not the case at all.

>That's not the case in this scenario, where these masternodes are already running and profitable, hence adding lightning channels is just an extra income on top of the existing block rewards
Basically Maternodes will serve only to the DEX purpose and a few memes dapps... if I want to do a payment I will always have to open a channel
So how will LN benefit?
You don't need to open a channel. There will be TONS of open channels ready for your disposal, since the masternodes will operate them. Did you even see the video above? Guess not.

XSN is much more than just dApps. They are developing their own Hardware wallet, will do Oracles, Cross Chain Staking, and much more.

>>16127669
Seriously just go read the WP, LightPaper and other stuff on their Medium page. I spent a few hours last night doing so and it’s impressive.

Do the research and maybe you won’t sound like a complete retard

>>16127237
do you have to download the blockchains or is it a light wallet?

>>16128306
It's the wallet that's in beta and still being developed.

>>16127870
>If the DEX gets enormours amounts of volume, you could be right, but right now? That's not the case at all.

I don't understand this point.. if the dex gets big volume wouldn't it be better than LN?
>>16127870
>You don't need to open a channel. There will be TONS of open channels ready for your disposal, since the masternodes will operate them. Did you even see the video above? Guess not.
so I can use an existing open channel? But I red that with LN you have to open a channel to do a transaction... so what's the point of Masternodes and channels?

>>16128306
about 270MB used in total.
It didn't seem to have downloaded any chains so I assume it's light.

>>16128306
It is a light Wallet. Ready in just 2-3 Sec after Startup

>>16128306

>>16128770
Nice Stuff :D

>>16128370
Hey retard, go read their medium page and leave us the fuck alone with your dumbass questions. You sound like an autist.

>>16127729
>inhibite
they're not sending their best...

>>16122533
Makes a higher Low now. Looks like a good entry again.

>>16130130
hopefully the hype will die and the price will drop to 500 sats again.

>>16128370
You don't need to open a channel on your own, since the masternodes in the network provides this service for you.
For the love of god, please do some research, and understand how all this works...

I've never heard of those exchanges before.. which one is the most legit and won't fuck me for transfering out to my own wallet?

>>16130621
Livecoin is solid. The sometimes bring the wallet down for maintenance which is annoying so make sure you get them off the exchange asap

Imagine a year after the DEX release, "Stakenet Futures". That Bitmex nigga had enough fun.

>>16130758
Yeah, that Bitmex Shit makes me just more Bullish on Stakenet. Im curios how the Dex aggregator will work? It should combine multiple Orderbooks of Dexs/Cexs to bring Liquidity? That would nail down most Cexs.

>>16130758
Could they do futures on a DEX?
That would be big

>>16131385
I guess thats possible.
They have Frank Amato on Board as Advisor for the Pro Version Dex Interface

This could be really big too

>>16131385
Well, I guess that's possible. Would be dope! Just saw the video made by Kuosumi or whatever his name is. Those trades are as fast as when I trade on Binance.. I'm sure something like this could blow up.
Is Livecoin the best exchange to buy from currently?

>>16132234
Yes livecoin is pretty good. Just don't keep your funds on there for long. Transfer, buy xsn then transfer away.

>>16131489
>>16132234
That would be a gigantic market if they could make a futures dApp. Bitmex alone gets absurd amounts of volume and profit

>>16132613
It's possible, Stakenet will do Oracle's as well, so the possibilities is endless

>>16132753
Ill believe it when I see it
Making truly decentralized oracles is no easy task

>>16132753
Source on this claim?

>>16133310
Its on their roadmap
https://stakenet.io/roadmap/
This anon capped it here >>16131752

>>16133642
What benefits would XSN oracles have? Is there any need for them because of chainlink?

>>16133706
Idk anon

>>16133706
Stakenet is not just a Dex. It's a platform and the Dex is the first dApp being built on it. Read the summary of the project here. Stakenet will need a compatible oracle framework for their future dApps is how I understand it.
https://stakenet.io/Project_Summary.pdf

>>16134029
Nice stuff. Guess i should get a 3rd masternode.

>>16134029
This guy gets it.

>>16134029
Will there be kind a Sdk?

>>16134693

The development of the dApps will be code agnostic so any programming language can be used. I'd imagine they will release all of the materials needed to make dApps once they get to that stage of development.

>>16134615
Yeah it’s really huge and not easy to understand at all.