/biz/ - Business & Finance

>>20160879
its going to be the cheapest, fastest, no kyc dex there is. This guarantees people will use it and masternode owners will make money. We don't need to shill XSN to anyone because we don't need them to own it, just encourage people to use the DEX when it is available

>>20161061
it needs to be as simple to use as Uniswap or people won't use it

>>20160879
Pic related.

how much xsn to make it and where buy

>>20161373
Livecoin, 1 Masternode is a make it stack (15000xsn). 10 nodes is fuck you money.

>>20161378
Why only 15k?
Can you shill me. I was planning to buy just from the little I know it sounds like it will be a revolutionary ramp like uniswap but beyond that I don't really know anything.

>>20161417
15000 is the amount need to make a masternode.

I can' be fucked explaining everything so i'll drop their light paper;

https://medium.com/stakenet/stakenet-light-paper-56552f8c07a2


As for the DEX (their latest and first Dapp), it is currently in beta testing (you can test if you go to discord and ask btw). It is fully decentralised with no KYC (check out pic related). Raiden is currently being worked on too (35% atm).

On stage 3 of pic related fees from the DEX will go to masternode owners (since nodes host the DEX) and 10% will be burnt (burnings happen on all 3 stages).

>>20161445
needed* can't*

I forgot to mention that the DEX is lightning enabled, for instant swaps (lightning swaps). You do not need to download every blockchain in order to trade.

>>20161445
>no kyc

Thats enough for me thx fren

>>20161117
it literally looks like any other exchange service that offers market or limit buys. only advantage of cexes at this point (for spot trades mind you) is more coin pairs and the ability to put stop limit orders on a trade.

>>20161471
No worries, if you like reading then check out the whitepaper, XSN has some bigdreams planned too like EPOS.

>>20161495
The only issues I had when testing the DEX

First time bitcoin LND sync took around 4 hours. After that it takes less than 5 minutes. (I think devs are working on this too)

Also channel rentals for bitcoin takes ages because of bitcoins slow confirmation times.

>>20161512
Regarding first time bitcoin LND sync, typical sync time was 20-40 minutes. Mine and a few others just happened to have a much longer wait. Devs did look at logs though.

Who thefuck knows how to run a node I’m not buying this shit dmg is simple

>>20161568
It's pretty anon.

Download XSNcore (found on their website stakenet.io)

Send 15000.99 (for fees) to xsncore

Follow instructions on xsncloud or youtube for MnasS.

If you need help go to the discord they will assist you.

how do i keep my xsn safe and make sure i never loose my crypto, this is what im most scared of

>>20161651
If you use XSNcore you can backup the wallet.dat file.

XSN can also be stored on ledger.

XSN is supposed to connect to centralized exchanges via multiple nodes making them decentralized.

This requires API keys and general identity bottlenecks. Why would those exchanges not cut those on a whim like they usually do?

Also, cross-chain swaps won't really be decentralized. They'll just get performed on a single machine on the network unless they use chainlink in some manner.

The swaps are totally decentralized using HTLC, Works great, and own your keys at all times. They are even going to enable trading from your ledger

Nodes themselves don't connect they have an open API where traders or whoever can connect so the DEX and liquidity cant really be stopped

>>20161929
>Nodes themselves don't connect
not decentralized then

>HTLC
cool intimidating abbreviation brah

>>20161697
>>20162012
Why are you telling baseless lies?

Did you not accumulate the last 5+ months?

Shill: it's actually really really good tech that a lot of people want if they pull it off in a timely manner.
Fud: 0 marketing besides the handful of absolute pajeets that have been annoyingly spamming shit from medium articles here after the last pump. No marketing means no adoption and someone could easily jump in and make their own version of the tech, taking the market share XSN should have. Devs say they'll market when the products done but they've been saying that for years.
Real talk though if the devs actually follow through and we get adoption anyone who buys under a dollar will be stupidly rich. Just the idea of a lightning exchange of such magnitude could revolutionize retail, think every single store with a second EFTPOS machine, one dedicated entirely to swapping any crypto that a customer wants to pay with to any crypto the retailer desires, instantly and safely. That's just one possible use case. Think for yourself how many more there can be. Daily fees being paid out with a percentage burned. All fully private, 0 kyc or regulatory hold ups. If this doesn't pull a DASH and moon violently I'd be very surprised.

>>20162017
cool rebuttal brah

XSN is now officially the current buzzword soup project of biz

https://uniswap.info/token/0x6ad03307fd545a68a391f99efdd31cec86569a4c

Stakestreet.co

>>20161697
Exchanges can’t cut API’s as API trading is where the bulk of there volume comes from by way of market makers and arbitrage bots all using them. XSN are the ones connected to the exchange themselves users, they just built the tools so that anyone can do so. Anyone that choose to use them and bridge the gap between DEX and exchange then makes their own profit the same way any MM, ARB or Aggregator trader does so there is big incentive to do so as these can be very profitable by trading the spread between multiple exchanges.

Cross-Chain Proof of Stake is also not going to be run from a single machine it will use Lightning Swaps from the DEX to convert rewards to whatever the user wants so you are wrong about that too.

>>20161697
Exchanges can’t cut API’s as API trading is where the bulk of there volume comes from by way of market makers and arbitrage bots all using them. XSN aren’t the ones connected to the exchange themselves, users are. They just built the tools so that anyone can do so. Anyone that choose to use them and bridge the gap between DEX and exchange then makes their own profit the same way any MM, ARB or Aggregator trader does so there is big incentive to do so as these can be very profitable by trading the spread between multiple exchanges.

Cross-Chain Proof of Stake is also not going to be run from a single machine it will use Lightning Swaps from the DEX to convert rewards to whatever the user wants so you are wrong about that too.

>>20162270
How much is cz paying you?

>>20160879
Node cost? And why are these shit coins not on Uniswap?

>>20162794
Cause it's not an erc-20 copy paste trash. Stakenet will have their own DEX where people will be able to move between ETH and actual BTC(not some tokenized bs) for the first time ever.

>>20162012
hashed timelock contracts are very old technology. shoo shoo pajeet

>>20160879

it has a scammy name

>>20163078
they're very old because they don't work

Non-custodial no-kyc leverage trading

except it does work and you can test it yourself...

Fuk off troll

>>20163137
after that he also asked them on Twitter how it works

>>20163531
kek

>>20163531
LMAO

>>20163152
Stakenet stands for Stakeholders Network basically means that everyone who holds XSN is a stakeholder and gets rewards based on how the network performs. This is why 90% of trading fees go back to the MN owners running it and not some greedy chinese company. The remaining 10% is used to buy XSN and burn it again something that benefits all stakeholders (anyone with XSN)

>>20160879
Their discord has a biz-channel where users talk about coming to biz and shill it heavily. That's all you need to know

>>20163776
that's some raw 2019 fud
2020 is all vision.

Don’t the exchanges all require kyc? Wont the aggregators/masternodes end up absorbing or washing all of the crypto associated with crime and make the owner a criminal associate?

>>20163933
Does getting a drug dealer's old cash in change at the gas station make the gas station a criminal, or me?

>>20163961
Just look at HSBC. Biggest criminal bank there is. And no one cares.

>>20163776
The discord has hundred if not thousands of biz users and last message posted on that channel was 2 days ago. Please post screenshots where they are encouraging people to come to biz and shill as I all see is people asking questions about the validity of fud coming from biz

>>20163961
I think so but I’m not a lawyer
>>20163987
No one cares because the actual point of the rules is preventing competition

>>20161929
>The swaps are totally decentralized using HTLC
what the fuck is HTLC?

>>20163997
THIS

>>20163997
He's talking about last year
I can confirm that.
They were deutche / oland guys
not that white =/= scammers but maybe they only wanted to advertize their bags
XSN has not the behaviour of a scam pump and dump
THOSE FAGGOTS REALLY BELIEVA IN DA PROJETTE

>>20160879
>>20163997
XSN has several different negative factors contributing to it, which make it a very poor buy IMO.

The worst thing you could do is invest in any exchange in 2020, let alone XSN. Regulations are being passed as we speak and all DEX's will be banned. Why do you think CEX's started doing KYC? The government is gonna buttfuck *all* exchanges. Unless they have their ducks in a row the exchange will be outlawed and anything coming in and out of it will be policed.

Theres also the fact that normies are not going to like XSN. They are going up against established exchanges in the space that not only have a headstart but offer services that XSN wont and cant offer. No KYC sounds nice but biz is suffering from echo-chamber syndrome, the rest of the crypto and financial world enjoys the security and the additional features a CEX offers. I'm sure XSN will get some real world adoption from enthusiasts but their reach will probably stop there.

Theres also the problem of LN scaling. This is a fundamental problem with LN and cannot be solved. Giving users the ability to rent out channels for money is absurd, its ridiculous, that doesnt truly solve the problem by creating more fees on top of more fees.

Considering the amount of awesome projects out there in the space, I see no reason to drop any fucking money on XSN, the reward just isnt worth the risk. They also have a channel dedicated to shilling on here just like what they did on POSW, the guys at the bottom have spent years accumulating and they want their pump.

>>20164257
>>20164584
>>20164270
Ah yes, screenshots of public chatrooms. The 2nd oldest XSN FUD after yelling POSW SCAM and seething in broken English.
>Regulations are being passed as we speak and all DEX's will be banned. Why do you think CEX's started doing KYC? The government is gonna buttfuck *all* exchanges. Unless they have their ducks in a row the exchange will be outlawed and anything coming in and out of it will be policed.
Nah, fuck that.

>>20164257
>>20164584
>s-someone posted a thread 10 hrs after it was posted on DISCORD - SCAM
>>20164270
>s-someone said something about biz once in a GERMAN chatroom in 2019 - SCAM
lol
if you could go back in time 2 weeks, would you buy 550 sat xsn, or would you devote all your time doing this all over again?
there is still time to accumulate

>if amazon accepts bitcoin, XSN will automatically be accepted due to instant swaps

>>20165156
Probably not because regulations will mean you need to tie it to your own bitcoin address which this would prevent.

>>20165318
>instant swap XSN or any other currency for that matter, for BTC in stakenet's BTC wallet
>use that wallet for amazon purchases

>>20163735
Has anyone replied to that with the Stakenet DEX

>>20165575
There are some XSN comments in there but IIRC NASH blew up the comments immediately

>>20163735
Isn't LOKI doing some shit with this?
Ah no, it's just better than ETH and BTC

How secure is setting up a masternode with mnaS... Surely generating this 'genkey' and the cloud knowing your address that has 15000xsn can't be a good sign.

>>20161568
lol they literally give you a step by step. if you can't watch a YouTube video and follow basic instructions I don't know that anyone here can help you bro

>>20165761
>Surely generating this 'genkey' and the cloud knowing your address that has 15000xsn can't be a good sign.
that crossed my mind as well
But when smarter people than me are doing it this way it can't be that unsafe

>>20162070
think they'll scale marketing after the dex release?

seems to me the lack of centralized funds/ico probably shot them in the foot because now the product will have to reach market penetration without any specific organization advocating for it. How do we, as investors, help fix this? anywhere specific we should shill?

>>20165761
>>20165867
it seems safe to me, that being said I still rent a VPS for my MN just so I control everything and my genkey is kept as safe as possible

>>20162794
xsn is its own block chain. not based on eth, hence no uniswap integration (yet - raiden integration is on the roadmap).

if you want to buy you need to buy either through their dex (by getting access to the test version) or via livecoin or one of the other cexes that carries it (most major ones don't because the team didn't reserve a bunch of coins to bribe exchanges for liquidity).

>>20163165
>old things don't work
what is this I don't even

>>20164584
>Regulations are being passed as we speak and all DEX's will be banned.
it only takes about 100 IQ to understand why this scenario would be bullish for XSN.

> the rest of the crypto and financial world enjoys the security and the additional features a CEX offers.
CEX Security? dont tell me.. you have all your funds on an exchange, dont you? Topkek

>>20164016
>the actual point is to prevent competition
no kidding. imagine trying to set up proper kyc as part of establishing any type of internet banking venture. it's absolutely ridiculous the lengths financial services are required to go to in validating the identity of their users. not only is it invasive and time consuming for the user, it's going to necessarily be highly manual due to astronomical costs of accurate facial recognition software.

>>20164714
>>20164895
So far you have no clear answer to my points. Of course you don't, because my case stands.
>>20166084
>it only takes about 100 IQ to understand why this scenario would be bullish for XSN.
No, its not bullish for XSN. It's actually the exact opposite. Why do you think XSN is shilling so hard on here? You'd have to be fucking delusional, talk about reddit/biz echo chamber delusions. No normie is gonna want to go on a DEX "unregulated exchange". All unregulated exchanges are going to be banned, period. Anything coming IN or OUT of them will be subject to scrutiny.

If you think you can evade the government on this, its absolutely laughable. They are the ones that fucking created this technology. Dont kid yourselves. You arent smarter than them.
> you have all your funds
No, I have all my funds on my paper wallets/secret keys and ledger. But you can go to CEX admin and ask to reset 2FA if you lose access, or email, etc. These options arent available with DEX.

>>20166164
>not only is it invasive and time consuming for the user, it's going to necessarily be highly manual due to astronomical costs of accurate facial recognition software.
This is also wrong. You guys are fucking wrong on this. Bigtime. They have *all* the software and technology in place.

The facial recognition and identity tech that is in place is far beyond what you know. Take for example thispersondoesnotexist.com.

Biometrics will all be automated and KYC will be quick and easy for people. People already use their fingerprint scanners on their phones. AI is going to take over the process of validating users, there are apps out there that already help automate the process. You really have no idea the kind of technology they have behind the scenes. Once the financial reset takes place, you will see.

DEX's are going to be a thing of the past, they already are. Once crypto mainstreams, which will be very soon, you'll probably see alot of exchanges close down because the market is gonna shrink.

>>20165443
It will be blocked by amazon because not tied to a specific identity

>>20166404
>No, its not bullish for XSN. It's actually the exact opposite.
yeah you are right. xsn is a scam dont buy it.

>No, I have all my funds on my paper wallets/secret keys and ledger.
but you can lose your paper wallets and ledger in a number of ways. why dont you just have it on a CEX? that way you can just email them if you lose access to your account

>>20166404
>>20166528

StakeNet's DEX takes advantage of arbitrage opportunities instantly which no one else can offer by the way.
read about that here
https://medium.com/stakenet/stakenet-dex-multi-exchange-trades-7193243f0c13


But anyway let's just say you are right. StakeNet is more than just a DEX. The DEX is a DAPP built on StakeNet. This is just the beginning, even if the DEX fails spectacularly (it won't) then just chose a different DAPP to run on your Masternode and rake in the money. You haven't touched on instant swaps, raiden integration, and viper which is a hardware Lightning router that allows users to set up Lightning Network hubs for XSN, BTC, LTC, and collect fees while their private keys remain safe and secure in cold storage. What about Stakenet Wallet's ETH + ERC token support that is in the works? You think the troglodytes here that trade ERC's are gonna wanna go through KYC and get taxed? You focus on the DEX because it's the easiest BOOMER-TEIR fud you can generate on the spot.

>>20166963
>arbitrage opportunities
Well, now you're just lying to people. Arbitrage is nothing new in the industry, people have plenty of tools that do arbitrage.
>instant swaps
Who cares? A nothingburger.
>Raiden/LN hubs
Lightning Network has major scaling issues. I would say that XSN would have a fighting chance if they built their platform on something other than LN, but they did.

This is a big, big mistake. Bitcoin is toast, its history. Litecoin's own founder actually put down his own creation. I mean, this is just laughable. I kinda feel bad for them, they spent years building this project from what I hear, but Bitcoin is the Yahoo of crypto, its fucking Alta Vista....its done and over with. Lightning Network cant scale

>But XSN came up with a scaling solution, its different
No its not different. It isnt and no amount of technobabble articles can solve its fundamental flaws. Renting out channels is retarded, adding fees on top of fees is NOT solving the problem. They cant solve the problem.

This was an article from 2011.
The black market is much bigger now.
Remember 1 Trillion is 1000 Billions.
I think we all know crypto will replace most if not ALL finance... White or black.
We are doomed to grab a piece of this market.

>>20167124
Are you retarded or cz? But then again probs both.

>>20167124
confirmed lazy bait, this is something I'd write if I was only trying to get replies to validate my fud. glad that it's at least better fud than what XSN used to get lol.

>>20166907
>>20167124
dodging?

>>20164584
>>20166404
>>20166528
This guy is right. Xsn is being pushed on here really hard. When you look past the hype you'll see that it has major flaws. It gets me frustrated to see alot of naieve bizleys get roped into this thing. They have to push this hard cause they have no other connections or partnerships. You guys are being taken for a ride.

>>20167399
>1 Post by this ID.
COPE

>>20167399
dude come on, switching to your phone to agree with yourself? i know you can do better than that. please up your FUD game.

When is the DEX coming out?

>>20167713
https://stakenet.io/roadmap/

>>20161117
Of course because logging in and using binance is so god damn simple.

How many countries will it be ok to spend this black market crypto in five years from now? Serious question. Could have some really awesome vacations with it but would be scary to think what the banking system might have in store for you upon your return to a legit country.

>>20164584
DEX are not the future? Fuck thoses CEX and fake DEX exchange with their KYC
KEKKK

>>20167124
>Bitcoin is toast

This is a lie. Ask anyone on the street if they've ever heard of an altcoin such as Ethereum.

Bitcoin has been repeatedly attacked since 2008 and has been through a contentious hard fork. Bitcoin is battle hardened and has the most brand recognition.

Bitcoin will still be relevant in the next decades. Furthermore the scaling issues arent new, they've been around since 2008.

Yet here we are with Bitcoin as king, #1 markercap with billions of dollars of volume.

Your argument of Bitcoin being obsolete is baseless.

>>20168330
Ask them if they’ve ever heard of beanie babies

>>20161061
>masternode
This is the biggest red flag with any crypto project. Fucking YIKES

>>20161499
What's that? They already have TPOS.

>>20165942
you make aware of biz and reddit. shouldn't be hard for them to hire some marketing neets once the DEX is launched. they already have good graphic designers and picked some cool names for the various parts of the DEX

>>20168435
https://medium.com/stakenet/exertive-proof-of-stake-epos-4a999807f9e4

>>20168376
Actually this is the first coin that gives real value to Masternodes. With HYDRA all Masternodes will host the DEX and earn fees.

>>20168453
this is correct, until xsn masternodes were meh at best.

New copypasta

Do you realize xsn dex is gonna make arbitrage possible? Buy btc at 8450 from Bittrex and sell it at 8480 to Binance in a couple of seconds. Do you realize how much volume is gonna explode everytime a new exchange is connected to the dex? Do you realize fees are paid in xsn and given to masternodes? Do you realize how much money are masternodes gonna make? Do you realize how much masternodes are gonna be valuable? Do you realize how much is gonna cost to buy 15k xsn to make a masternode? Buy now idiot

>>20162425
>Exchanges can’t cut API’s
they can cut access to APIs to individual logins. That's enough to render the whole concept moot

>>20162516
nothing

XSN holders can't rebut even the easiest critique. red flag like a motherfucker

>>20168374
How is this relevant?

Go to coinmarketcap.com and tell me who is #1?

You can't refute this lol, Ethereum tried to take over and failed. Bitcoin has already won.

>>20164584
He knows what's up. Financial reset will not include bitcoin.
>>20168330
>Bitcoin will be relevant in the future
LMAO. Absolute denial. Bro can't you see it? Bitcoin is a smokescreen for the real king that will be revealed. Bitcoin is just a beta test. Maxis on suicide watch soon

The future involves crypto but not BTC. Nor LTC

These fools built on LN. Hahahahahha no wonder why it's being pushed by the NPCs on here

Not buying your bags

>>20166044
where they successfully implemented anywhere?

nope

>>20168534
I'm actually refuting an anon that stated Bitcoin us toast. And the only rebuttal I've gotten was beanie babies.

I'm an XSN hodler

>>20168496
Over the month of June 2020, the cost of a Stakenet XSN Masternode has gone from $400 to $600, then $1000 to $1600, and now $2000 to over $3000 on 7/7/2020. By December 2020, the cost of 1 MN will be $15k minimum!

>>20168557
WHO IS #1 ON CMC?

>Bitcoin

>>20168618
Real wealth invests for the future not what is happening right now

You wouldn't understand

>>20168557
Bitcoin already won lol ask any normie if they can name anything else.

They can't.

Nice cope anon

>First mover advantage
>Survived a contentious hard fork
>Recovered from 3000$ drop
>It is Gold 2.0 period, it won already

>>20168725
i think it's safe to say bitcoin won too but anything can fall. bitcoin is essentially the reserve currency for the crypto market like the US Dollar is for paper money

>>20168653
Yeahhhhhh

Want to tell me how people predict the future?

Usually it involves looking at the history and inferring trends but it's ok keep coping.

>>20168725
Every normie knew beanie babies
Every normie knew 90s sports cards
Every normie was salivating over their assets “market cap” based on a stupid inflated valuation of Borneo delusion and hysteria
Bitcoin sucks ass as an actual crypto

>>20168653
People honestly don't give a fuck about payment transactions and blockchain.

They just care about speculative investments.

Right now people will look at past trends of Bitcoin performance and conclude that the value will only go up based on the scarcity and deflationary nature of the coin.

Isn't that how you "predict" the future? By looking at past performance and inferring trends lines?

Why don't you go ahead and check that with Bitcoin, do you know how to draw lines anon?

>>20168769
Yeah but you missed one crucial thing.

Normies dont give a fuck about crypto. Blockchain literally has no use case other than being the technology for Bitcoin.

>>20168861
>people not giving a shit about my thing that isn’t actually scarce is bullish

>>20168921
Where did I say Bitcoin isn't scarce?

I said people dont care about the technology. They just care about storing value and withdrawing some of it to USD/Euro/Yen.etc when it's high, period.

This post makes no sense.

>>20168823
You must be one of the xsn devs or a heavy investor to defend Bitcoin this feverishly. Look, bitcoin had its time in the sun and now it's time for the real world currency to take over. How stupid can you be, in 2007 past trends was the dollar, and look what happened.

World leaders don't like bitcoin. Donald Trump doesn't like Bitcoin nor does Christine Lagarde or any of the other world financial leaders.

Here is your warning...

This slightly better fud is refreshing, but when you dig deeper into their arguments they break down lmao

>>20169071

Woah woah woah, say it don't spray it.

Come back when it's dethroned ok?

Do you think world leaders wouldnt like Bitcoin if it weren't actually posing a threat? This is actually supporting evidence that Bitcoin will be around for a looooong time.

Taxi drivers don't like Uber, guess who is sticking around?

>>20166528
I didn't say it doesn't exist you turd farmer. I said it's expensive as fuck to implement, especially in a manner that complies with regulations and meets audit scrutiny.

I'm talking about cost here not feasibility. do you think the average startup has $10m to blow on kyc software for their platform? no they're hiring $40k "aml specialists" to scan photos all day every day.

you know nothing about aml-bsa or the finance industry, you fucking mongoloid.

>>20168986
That’s me saying it’s not scarce
Your false impression is why you’re delusional

>>20169071
Also consider that Trump's tweet caused a spike in BTC price, not a drop.

Literally I'm showing you evidence left and right about Bitcoin being king and all you can do is try to shift to a different argument when your reasoning fails.

>>20169189
>What is limited supply?

How many bitcoins are in circulation?

21 million

So can I use my own master node for arbitrage trades?
Is the 6xsn per day return set in stone or does it vary based on volume?

>>20169132
>bitcoin is a threat
You actually believe this? Oh my God people believe this. You are going to be in for a shock. Bitcoin sucks ass, no one is gonna wait 30 min for a tx no one wants the high fees and LN can't even scale properly. Xsns solution is more fees utter delusion, madness, so many poor simps on here are gonna get rekt soon

>Uber
Taxi drivers are not Presidents and World Bank leaders.

I'm gonna screencap this shit and laugh in your face once the market goes crazy later this year

>>20162070
About the marketing thing. This might doesn't count as marketing but there's #XSNonmyLedger on Twitter. They're trying to finally make ledger implement the code they already have from Stakenet to make TPOS possible from ledger.

>>20169257
Ok please do anon. Thanks for the stimulating argument, it's one of the better ones, I'll give you that.

I'll screencap this too

>>20169257
no one wants you to be the retard in pic related
you insist on it all your own

>>20166404
How are they going to ban XSN DEX?

1. They can't take it down because it's ran decentralized. If US bans it just let it run on a VPS somewhere in pakistan.

2. If we do get liquidity and Bitcoin is going in and out all the time they can tag all that Bitcoin. CEX won't take back the Bitcoin anymore (maybe). So what? We have the DEX now. No more need to CEX.

>>20169673
I've been waiting to hear the answer to this question all fucking day.

>>20169673
>How are they going to ban XSN DEX?
The same way China did 5 different times unsuccessfully.

>>20168158
>move to north korea
>jews can't get me

>>20169746
What did they do unsuccessfully?

Enough said... Time to DYOR on Stakenet.io
Don't mis out on the once in a lifetime opportunity.

>>20170016
cutting the bank's chains on the average joe

>>20160879
whats XSN?

>>20170173
stakenet.io/
https://medium.com/@stakenet.platform

Fucking hell i only put in 1250 at 7 cents, i should've fucking went all in. SELL YOU FUCKING ASSHOLES I NEED TO MAKE IT

>>20170640
I went all in and it feels good

>>20170640
it's still under .$25 though. it'll be at $1 by October because the DEX will be released by then. we are in the very early stages of a link-like bullrun

Question, I've got 3000€~, just enough for a masternode, should I go for that or just buy and hodl?

>>20171806
Why would you not stake it or put it in a MN while hodling? It’s free XSN so when it comes time to sell you have more

>>20171806
you hold the 15000 while you own the masternode its just locked so it cant move while the masternode is operational. so either way you are holding just, when you have a masternode, you are also getting sent passive income from block rewards. so go for the masternode.

>>20171895
>>20171925
Alright, you guys answered my doubts. I'm a bit retarded but thank you. That's what I'll do in that case. Is Livecoin.net the best way to get XSN right now?

What's the fetish with XSN? No one will use this "DEX" - the Lightning Network isn't decentralized nor is it practical

>>20171951
yes, buy it and move it to your wallet right after buying
>>20172004
>Lightning Network isn't decentralized nor is it practical
paid roger ver shill

>>20172094
ELI5 me then captain bigbrain. Who is opening these lightning channels? And at that who's paying for them? Let's say you want to trade VTC for EMC2... who the fuck would possibly be running that channel?

>>20172161
Shhh! You're not supposed to bring logic into this. You're just supposed to make XSN holders rich by being a gullible simp

>>20172161
let me grab the explanation from the devs real quick they haven't published an official page on the topic yet IIRC, thanks for your patience. will post here momentarily.

>>20172161
Why would anyone host that shit on the DEX. If something is in demand then people will host it. People want BTC there will be lots of channels for it, some new hot shitcoin that everyone wants, people will host it. Some shit thing with no demand, close the channel, simples.

>>20172530
"I prefer the abacus analogy, since the channels are in fact bidirectional.
Think of the channel as the wire of an abacus. The number of beads cannot be changed: this is the channel capacity.
However, you can slide the beads: this is the Lightning transaction, in which the ownership of the funds changes from your local balance (can send) to the remote balance (can receive), and vice versa.
When you open a channel, all the beads are on your side of the wire (local balance = can spend). This is why at the beginning you can only spend.
To be able to receive, you can either:
- spend some funds, to "balance" the channel = have beads on each side of the wire
- or ask someone (e.g. rent a channel from Stakenet's hub) to open an inbound channel (where all the beads will be on the other side = remote balance = can receive)."

tl;dr
They get paid in trading fees for opening/maintaining channels and liquidity

>>20173181
meant for
>>20172161

>>20172161
>>20173181
>pic related