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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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20637126 No.20637126 [Reply] [Original]

Tell me where I'm wrong.

(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, raiden is required.

(X) I know a DEX with atomic swaps is too slow to be commercially feasible. A lightning and raiden 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 raiden. 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 and you can beta test it right now in a private group in discord if you ask nicely.

(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.

>> No.20637291

>>20637126
>Tell me where I'm wrong.
captain planet.
everything else sounds pretty legit though/

>> No.20637434

It also allows the common person to participate in arbitrage trading, taking it away from large trading firms. This assumes you can code though. Their API uses scala, but I assume they'll eventually have an API for other languages

>> No.20637499

I was introduced to xsn a few weeks ago And I’m certain that if the DEX is what everyone says it is, then It will really transform how everyone trades.

Currently if you are an American You are either banned from certain exchanges or you have to let them know who you are and eventually the irs know all your trades.

I’m not paying taxes on trades . When I convert to fiat sure. Everyone will rush to the dex once it’s out and stabile.

>> No.20637510

>>20637126
We will make it boys!!!

>> No.20637554

>>20637434
Do you know if it will be possible to create a trading bot rental economy with Stakenet?
>enter a certain amount of XSN into an at-will TPOS-like contract
>terms - "if i lose 10%, end contract else continue"
If the bot works well, its programmer can lease it out

>> No.20637978

>>20637554
Yeah that's more of the long-term plan. They'll allow anyone to create dApps with their platform. That'll be on other developers to create something like that though.

>> No.20638089

Based. 10 nodes and comfy.

>> No.20638298

>>20638089
Friend and I sitting on 10 nodes as well and trying to make an 11th

>> No.20638569

>>20638089
>>20638298
>10 nodes

That is too much power for one man.

>> No.20638768

15 masternodes
+- 3,5 - 4 months now for +1 masternode from the rewards

>> No.20639013

15 masternodes. Makes my 8 look petty

>> No.20639102
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20639102

Does anyone read these blatant shill threads and actually buy? Honest question everyone in this thread is a moron with no understanding of what it takes to facilitate a cross-chain dex with liquidity.

>> No.20639266

>>20637499
checked. it's already very stable
iirc btc/ltc swaps had a 100% success rate during the last beta test i took part in
eth and raiden are like the cherry on top

>> No.20639307

>>20639102
Why? Nobody sell his coins this moment or next months.
The product is ready for launch and you can test the beta now!
I invest now every month in stakenet / xsn coins, why?
The team / devs work 100% and expanded everything in the discord if you have a question.
I'm now 30years old and go on my 35 to start 1 big holiday =

>> No.20639340
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20639340

>>20637126
>entire purpose of crypto
>he doesn’t know DeFi is just the first step to the final solution

>> No.20639378

>>20637126
You went wrong by thinking stakenet is defi. It’s not. I still don’t understand how so many people on this board still don’t understand what defi is yet

>> No.20639443

>>20639378
It's decentralized and it's a new way to do finance, but please do show us how big your brain is.

>> No.20639474 [DELETED] 
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20639474

>>20639307
>>20639378
>>20637126

>Buying the same things a smoothbrains like this

NEVER IN YOUR ENTIRE SHITTY LIFE YOU WILL MAKE IT

>> No.20639478

>>20639443
Based. Of course things can only begin once we have a proper DEX.

>> No.20639576

>>20639378
>A decentralised exchange in which you can swap between separate blockchains privately has nothing to do with decentralised finance

Ok anon

>> No.20639683

Anon really needs to read what defi means.

>> No.20639809

stupid question but do i store my coins to the stakenet wallet?

>> No.20639852

>>20639809
You can use ledger/trezor and xsn core.

>> No.20639864

>>20639809
Also the upcoming DEX.

>> No.20639973
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20639973

>>20638569

How about 23?

>> No.20640019

>>20639973
Enjoy your private islands.
Yes, plural.

>> No.20640307

>>20639973
What planet will you colonise first?

>> No.20640405

God bless stakenet

>> No.20641128

>>20640307
Uranus comes first right with cz.