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/biz/ - Business & Finance


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20654369 No.20654369 [Reply] [Original]

If you frequent /biz/ and you've noticed XSN getting mentioned more and more frequently in passing, this thread is for you.

The Cypherpunk Standard of Banking is a quick read and it effectively summarizes the reasons why X9 has been building Stakenet.
>https://medium.com/the-capital/the-cypherpunk-standard-of-banking-88f84a834180

Here's the XSN whitepaper.
>https://stakenet.io/Stakenet_Whitepaper.pdf

Here's a QRD
>Stakenet is making an ecosystem out of several promising crypto technologies that have been relatively underutilized up until this point - Lightning Network, staking, and masternodes - that should make way for a very powerful and infinitely upgradeable and scalable code-agnostic supercomputer that runs the definitive non-custodial no-KYC DEX that will save crypto from the scores of awful exchanges that have plagued it since its earliest days.

ETH Raiden will allow for every ERC to be directly available on the DEX with no placeholders. XMR support in the works. Full LN support.

>> No.20654559

What does XSN do?

What was the original purpose of btc? To allow us to become our own bank.

Did BTC achieve that? No. It wouldn't scale. Too slow and expensive. Same with eth.

So what happened? People don't actually use crypto to transact. It's really just speculative betting game right now.

So what does crypto need to really allow us to be our own bank? It needs to be fast and cheap to use.

That's why eth and btc built second layer solutions (raiden and lightning) to allow for commercially feasible transactions that are fast and cheap.

The problem? Notwithstanding lightning and raiden, Crypto are still islands.

XSN created the bridge between those island using lightning and raiden. And that is just the beginning.

Imagine when their hardware wallet is released and you can pay a pizza in btc with your xsn, and the swap happens automatically.

>> No.20654563

>>20654369
How about using one of the 4 open XSN threads?

>> No.20654852
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20654852

>>20654563
This thread is specifically for anons who are new to the project

>> No.20655241

>>20654369
10 mns here, been holding since the posw era. will try to answer questions

>> No.20655361

how do you deal with the fact you have the shittest memes ever? fucking hell lads, it's been 3 weeks of constant shilling here and still haven't managed to get any anons from here to join and make good memes for you.

fucking hell. it's like pictures from a 2004 forum or something. look at literally any other coin/token/shill thread here. they all have great meme pics. you guys don't. you have one dude making things in paint by the looks of it, and they're terrible.

get better memes and people will invest. you don't even need to try your hardest shill. just, good memes. fuck man, STA thanos and AAVE ghost memes were the best of this month I think. Ample has some good ones this week.

>> No.20655567

Are you good with chain of logic anon?

Follow it and make a conclusion.


(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.20655580
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20655580

>>20655361
>shittest memes ever?

>> No.20655603

>>20654369

Sorry but the tech just isn't there and never will be. Stay FAR away from this one

>> No.20655917

Rofl.

Anon says Tech isn't there as I am completing a trade right now on the tech.

That guy is woke.

>> No.20656053

>>20655361
XSN actually has substance so it doesnt have to compensate by copy-pasting coin logos over played out reddit memes.
OC counts and the seething anons who have been spamming fud for a month as XSN keeps pumping are a mature man's meme in their own right.

>> No.20656061

>>20655361
They don't seem to want to listen to criticism
>>20655603
It makes me think this is true

>> No.20656088

>>20656053
>copy pasting logos

That's literally what you're memes are tho. It's just the Stakenet logo (some of them even have the old logo) on top of a muscular chad, or old pepe pics. Lmao

>> No.20656159

>>20656053
You're becoming the mature man's meme dude your inside shill joke isn't everyone else's reality

>>20656088
And then they'll just scream at us SHILL

>> No.20656280

>>20656061
If all you care about is memes you should reconsider being an investor in anything at all. If you don't believe in xsn DYOR, join the discord, join the beta, still don't care? cool move on. fucking kids on this website I swear to god.

>> No.20656337
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20656337

>>20656280
>this website
>a Cambodian basket weaving image board which spawned the most popular memes of the past decade
>yeah don't care about memes bro. invest in the tech.

>> No.20656637
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20656637

>'XSN memes bad' is the best fud they can come up with now

>> No.20656700
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20656700

Here's the tech:

>> No.20657050

This is gonna be parab00000lic

>> No.20657060

>>20656637
Not trying to fud actually. Just looks super shit when you're outclassed by actual pajeets. Still amazes me that no one's making memes for this.

Have a bump from page 5.

>> No.20657194

>>20655603
lol k

>> No.20657205

>>20656159
>no u
How will XSN ever recover?

>> No.20657377

>>20656061
go to the discord, read their medium, review some of the content the devs have produced.

#dex-aggregator channel in discord, medium link below explains the aggregator:

https://medium.com/stakenet/stakenet-dex-multi-exchange-trades-7193243f0c13

>> No.20657725

>>20655580
>>20655361
fiGht!

>> No.20657749

>>20657377
Checked.
There are a lot of good Youtube guides as well.
I followed the MNaaS guide once and I never forgot how to setup another MN
https://www.youtube.com/watch?v=x9_YdU8vWrU

>> No.20657866
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20657866

>>20657725
>>20655580
>>20655361
>fiGht!

>> No.20658092

Alright anons. Meme off.

Go

>> No.20658276

As someone "in the know" I'll say this and I won't elaborate any further at the risk of being outed.
The head honchos you know, the ones at the top running XSN have not really marketed this. What they have done though is used some funds to commission cheap photoshop artists from the usual outsourcing hotspots like india and the phillipines to come up with memes specifically for /biz/. Don't ask me how I knowm, but trust me on this.

>> No.20658323

>>20658276
Yeah this coin does seem to have a shilling campaign for biz specifically

>> No.20658474

>>20658276
>Don't ask me how I knowm, but trust me on this.
Confirmed. My dad also works at Nintendo.

>> No.20658636

>>20658323
the promise of foreverneet masternode shit gets /biz/ anons specifically. recently stakeshit shills have been trying to say 'LOOK AT DASH NODES THEYRE EXPENSIVE AND WERE MILLIONS BULLRUN MUH NEET FOREVER'. i think this will go down as one of the great scams if it gets $1. especially this year, beating switch for sure.

>> No.20658733
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20658733

>>20658636
Why does this picture make certain people so angry?

>> No.20659034

>>2065873
man i can't wait for the 'oooohhhh how's your neet node now xsn anons' threads. it's gonna be glorious.

>> No.20659243

When xsn becomes 1 dollar, I wonder what people will put here.
Then a masternode is prohibitive!

>> No.20659653

Loool, when we hit 10$, fudder be liiike long con scam hahahaha!!

>> No.20659886
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20659886

>>20659653
they'll be like
>noooooo XSN doesn't have any good memes, this can't be happening

>> No.20659888

Is 10 dollar really possible?

>> No.20660122

>>20659888
With digits like these, absolutely.
Checked.

>> No.20660338

>>20660122
Is chainlink also coming to the dex? Then can I trade my link directly with xsn? Or not?

>> No.20660383
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20660383

>>20660338
>Chainlink
Yes, anon. Stakenet aims to be the definitive LINK exchange

>> No.20660692

>>20659888
>>20660122
checked

>> No.20660712

>>20660383
Nice, powerfull stakenet dex.

>> No.20661308

>>20660712
All these tokens just launching now (and on ETH) couldn't possibly hold a candle.

>> No.20661680

I wish i had bought more 3 weeks ago

>> No.20662670

>>20661680
Dident we all :)

>> No.20663256

>>20661680
Sucks but for those of you yet to join in, it is still really low

>> No.20663867

>>20661680
>>20662670
>>20663256
Im pretty sure even someone with 40 MNs still wants more

>> No.20664556

>>20662670
>>20663256
>>20663867
i am happy i got some

>> No.20665276

>>20664556
My best move was buying when it dipped below 3 cents.
My worst was expecting it to dip at 700 sat

>> No.20665408

is livecoin the only exchange I can buy this on?

>> No.20665655

>>20665408
You can buy through the DEX
Livecoin has the best spread to buy larger amounts at the moment.

>> No.20665919

>>20665655
checked

>> No.20666425

Why is this coin always pumping when I'm looking to buy lol

>> No.20666681

>>20666425
It only has 2 phases
Pumping
Accumulating
Pumping again

>> No.20666831

>>20655361
Cringe

>> No.20667355
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20667355

>>20659886


>>20658092


>>20658276

>> No.20667360

>>20666831
It's ok anon. Some people are going to invest based on who or what has the best Thanos memes. That's alright. DOGE still going strong

>> No.20668105
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20668105

>>20667355
i spent 14 hours making this rage comic please be nice as this is my first rage comic
i hope that ill have more time when school lets out to keep up the momentum
thank you