/biz/ - Business & Finance

Nov 1 Update Topics
>DEX bot operators have commenced stress tests
>DEX stats (more to come)
>Adding ETH Support
>Adding ETH to the DEX via L2
>DEX HUB ALLIANCE
>Core Wallet Update V1.0.26

FYI
I've updated the copy pasta with the new dev update.

/biz/ does not care, we all fucking know. Please stop spoon feeding the newfags and retards, let them in after we hit $100mil MC.

>>23671082
Cope.

Friendly reminder to hide all XSN and stakenet threads.

Do not respond to XSN and stakenet threads.

XSN is a vaporware scam project that pays shills to post here 24/7.

XSN is a classic “masternodes will make you rich”-scam. Protip: MN rewards cut into LP fees so LPs will go elsewhere.

If you're interested in cross-chain swaps take a look into THORChain RUNE. They do what XSN's team pretends they can do.

>>23672032
Thanks for the bump.

>>23672032
Xsn shillers are one thing, but why do you shill your shit coin here?

>>23672144
>>23672244
Checked.

Livecoin buy orders still creeping back up. 755k atm.

>>23672433
Checked.
>>23672652
DELETE

>>23670954
Jesus Christ prevents from telling a lie but please don't buy this while I accumulate.

>>23672741
Anon you got basically till Christmas. Price may be higher by then.

>>23672749
No fudders today?

>>23673026
Scamnet piece of shit wallet. Hold to get rekt.

>>23673047
Cheers, was waiting for it. Finally.

>>23673047
Based fudders.

>>23673047
Cope.

>>23670995
Where's the promised UI update? Draper promised Raiden but the DEX still ended up using wrapped tokens. lol

>inb4 fudder
Your developer failed dozens of promises. Literally every feature is ahead of deadlines.

>>23674244
>Where's the promised UI update
It's coming, closed beta testing is going well. Ironing out bugs atm.
>but the DEX still ended up using wrapped tokens
The Dex isn't using wrapped tokens.
>Literally every feature is ahead of deadlines.
Stakenet is literally the far ahead of other projects in terms of layer 2.

>>23674244
Also there's public and private beta. Why the private beta? Afraid that none of the features actually work? If anyone noticed, the members of private beta are mostly pump and dump whales. Draper doesn't even listen to the normal investors, ie. two or three masternode owners, and literally deletes any questions as fud. So basically, there's a modus going on that no one should see. What a fucking joke of a project, Draper is only going for money laundering its investors.

>>23674306
Thanks for the bump fudder.

>>23674265
>>23673956
>>23673358
>>23673165
>>23673026
>>23672749
>>23672741
cope. seethe.

>>23672244
>>23672433
>>23672032
>>23671053
>>23670995
based. checked. fudders seething

>>23674312
>>23674306
>>23674265
checked. based. thanks for the bump. seething. cope. etc.

Why do you keep on making xsn generals? You lost a lot of money on this garbage, didn't you?

>>23674366
No i bought sub 700 sats.

>>23674366
>>23674372
checked. based. thanks for the bump

>>23674306
Nope i'm a beta tester!
No pump and dump person...
Do you think Windows have no beta test support?

>>23675236
Hey man I'm also excited. But if you wouldn't mind my cash inflow comes over time so before I am able to spend as much time as possible purchasing this at its current price could we perhaps keep this from blowing up too much? Thanks a lot.

>>23675309
Shilling on /biz/ won't blow it up much, you'll just have to wait and see the dev work when it's done.

Fudders you had your chance, sentiment is coming back, the rocket is being refilled, the bull is getting prepped. If you haven't managed to buy in yet then you weren't gonna make it either way. Suck it bears.

Any newfags reading this, this used to be called POSW. What a scam that was.. They renamed in '18 to hide the fraud.

>>23675464
Thanks for the bump!

It's beginning, public beta, wETH lightning swap proof of concept. Raiden integration on it's way, allowing for ERC-tokens to be integrated and traded on the DEX. Good coins like XMR are starting to implement lightning network, allowing them to be integrated into the dex.
The future is bright faggots, and you'll be kicking yourself in a years time if you don't get the fuck in while you still can. The vision is there, the tech is there, the team is there, the product is there, and the hype will follow, just like with BTC, ETH, and LINK. OG /biz/ knows, which is why the FUD is so insane. Ask yourself this, would someone who's not invested spend hours upon hours fudding a coin because it was fun and to "save their fellow bizlets"? Of course not, don't be naive.

https://streamable.com/lb3quc

>>23675555
WASTED FUCK YOU

>>23675555
FUCKING BASED AS FUCK AND CHECKED.
>tfw fudders have already lost hard ITT

>>23675571
>Getting this upset about sequential digits

Thanks for the bump!

>>23675555
I got 55k xsn. What can i expect?

There's a race to create a layer 2 DEX that solves the problems of existing DEX's and CEX's, and finally create an exchange where any pair can be traded- instantly, privately, securely, cheaply.

The first project that can successfully create a layer 2 interchain DEX is going to rock the crypto world. FINALLY, we will have a DEX that actually works.

With monero and other privacy coins now working on lightning network integration, and getting closer, the possibility of having direct trades between say BTC-XMR is now on the horizon. Can you imagine what this will do for the crypto world? The meme of 'be your own banker' will soon be a reality.

If you look at almost all of the existing DEX's today they all fall short of overcoming the technological inadequacies that are holding the space back. Any project that isn't actively building a solution to these problems will fade into nothing. Bancor isn't doing enough. Kyber isn't doing enough. Loopring isn't doing enough. There's only one project that is building an all encompassing solution, that already has a public beta. I've told you all exactly what that project is, but only a handful have listened and only a handful will share the immense gains.

Imagine investing in the infrastructure that will facilitate the cyberpunk crypto renaissance, and host billions of dollars worth of transactions, from the ground level.

The momentum of the cryptocurrency space has snowballed exponentially over the past decade. Each market cycle to this point has brought a cornucopia of new strides and breakthroughs in blockchain technology. The rapid growth has led to immense profits for an uncountable number of long-term participants.

Adoption continues to spread with increased institutional backing and consumer payment channels. Indeed, all signs point to cryptocurrencies reaching a new plateau on the stage of global commerce. An essential question must be asked at this transitory junction in what appears to be the early stages of another bull market. How far will profit allow the underlying blockchain technology to deviate away from the roots of its essence and justification? There is no better source to reflect upon than the Cypherpunk Manifesto.

That which ages among the best is that which only becomes more biting and significant over time. Originally published by Eric Hughes in March of 1993, the Cypherpunk Manifesto has a short, sweet, and directly to the point message with an especially understated foresight about it that’s decades ahead of its time. It is a must-read for any digital native. It emphasizes the essence of digital privacy, decentralization, censorship-resistance/immutability, and the freedom to remain anonymous at-will. It argues that these principles be made manifest for any form of communication or commerce. Its backbone lies with every individual coder who cherishes the fruits of civil liberties and dares to counter and obsolete the many intrusive and invasive forms of technology with open-source, cryptographically effective solutions for the greater good of society.

>>23675755
These were the principles that Bitcoin was constructed with and designed to honor. While its inherent technology stays true to this nature (mining aside), the infrastructure that has been built up around it is flawed by design and sacrifices a good number of strengths and freedoms. Most notably are the many vulnerable points of exchange run by central authorities on trust where funds are at risk to be frozen or stolen, KYC (know your customer) policies, and the traceability, restrictions, and risks that come from these two points.

Shortly after BTC found a value that could be directly pegged to the USD (and with the USD, every global currency), a number of exchanges offering trade between the two opened for business. The first of these exchanges was the infamous Mt. Gox which implemented KYC policies by 2011 before exit scamming in early 2014. KYC policies were initially introduced to comply with the many regulations regarding the exchange of various fiat currencies for crypto in addition to demanding a deeper sense of customer accountability. Up until the point that they were introduced, the only sure way it would have been possible to trace specific addresses is if the recipient publicly disclosed their wallet address. KYC brought a considerably more advanced form of traceability with it. In addition to e-mail addresses and bank accounts, everything from names, addresses, full ID info, and pictures of each and every customer became tethered to their respective deposit and withdrawal history. Though somewhat convoluted with the nature of exchange wallets, there are patterns that can be followed and traced.

As BTC continued to grow, so did the number of its forks and competing cryptocurrencies pegged to its value in satoshis. The forks grew to be numerous and with them, the number of centralized C2C exchanges where you could trade them for BTC. Like the fiat-to-crypto exchange points before them, KYC was implemented on numerous C2C exchanges as well.

>>23675717
How does $5,5 million in a few years sound?
55,000 * $100. I'm hardly joking either. Link has 4 times our supply, and it reached $20~. If we reach the same market cap we'd be at around $80.

>>23675755
>>23675770
Centralized exchanges of all sorts are perhaps the weakest link in entire cryptocurrency space. They have repeatedly proven to be weak in terms of security. This year alone, the following exchanges have been compromised: Binance, Bithumb, Coinbene, Coinbin, Cryptopia, and QuadrigaCX. What’s worse, they’ve sacrificed many of the core principles of the cypherpunks that built Bitcoin in the first place.

How can crypto be censorship-resistant and immutable if exchanges can decide to freeze funds or put a certain wallet into maintenance at whim? How can it be private if every account has every bit of trade, deposit, and withdrawal history it has done tethered to its name? How can it be anonymous at-will if full documentation is demanded, sometimes as a ransom for frozen funds? How can it be secure when billions of dollars have been hijacked from weak security? It could be argued that these exchanges are the antithesis of the cypherpunks: an easily-exploitable honeypot of funds and user data with a central authority.

>>23675755
>>23675770
>>23675776
Consider the efforts of the X9 Developers building Stakenet. True to the nature of the cypherpunks, they have been working to make these numerous vulnerabilities in the cryptocurrency infrastructure obsolete. To strengthen censorship-resistance and decentralization in this space, they have been implementing an immutable and purely decentralized exchange into their network where no central authority can freeze funds, where exit scamming is impossible, and where security is as tight as the blockchain technology it runs atop. To restore the principle of at-will anonymity, their immutable DEX will have no KYC, nor will it require registered accounts. In the interests of privacy, they have built a solution that allows for one-click TOR lightning swaps that strengthen the privacy of every participating coin and the Lightning Network itself. To strengthen the nature of the decentralized exchanges that are already out there, they are working on a DEX aggregator that pools together the offerings of many promising DEXes suffering from low volume or difficulty of use.

>>23675755
>>23675770
>>23675776
>>23675789
>>23658559
Put briefly, this team has the foresight and skill to acknowledge and address the numerous risks and shortcomings that anyone coin may face the second it is sent from a private wallet to any other point in trust. They are compounding these solutions into one streamlined and convenient wallet where funds are firmly secured, trustlessly staked, and instantly tradable from one singular point.

To build up the world of cryptocurrency is to honor the ways of the cypherpunks and carry on their torch. It is to fight for freedom from the intrusiveness and corruption of centralized authorities by obsoleting them. It is preserving the privacy of funds, resisting mutability, and decentralizing any and everything which stands to benefit from it. Whether that be a store of value, the means by which that value is secured and traded, or the platforms on which these mechanisms are discussed. This era of mass-censorship, intrusiveness, digital balkanization, and monopolies from many of the premier digital spaces not only shows how right they were 26 years ago but that there is still a considerable amount of work to do.

>>23675755
>>23675770
>>23675776
>>23675789
Put briefly, this team has the foresight and skill to acknowledge and address the numerous risks and shortcomings that anyone coin may face the second it is sent from a private wallet to any other point in trust. They are compounding these solutions into one streamlined and convenient wallet where funds are firmly secured, trustlessly staked, and instantly tradable from one singular point.

To build up the world of cryptocurrency is to honor the ways of the cypherpunks and carry on their torch. It is to fight for freedom from the intrusiveness and corruption of centralized authorities by obsoleting them. It is preserving the privacy of funds, resisting mutability, and decentralizing any and everything which stands to benefit from it. Whether that be a store of value, the means by which that value is secured and traded, or the platforms on which these mechanisms are discussed. This era of mass-censorship, intrusiveness, digital balkanization, and monopolies from many of the premier digital spaces not only shows how right they were 26 years ago but that there is still a considerable amount of work to do.

FUDers on suicide watch!

>>23675717
Total financial independence and self actualisation.

Frank Amato
>Executive Director J.P.Morgan March /7 years, 1 month/
>Managing Director Bear Stearns & co. /11months/
>Vice President J.P Morgan /10 years, /4months/
>Stakenet Trading Platform Advisor /2018-current/

Why do you think our boy Frank is an advisor(and no doubt an investor)?

He got fucked over by BitMex - and now its payback time.

>>23676017
Based papa Franku. Imagine the smile on his lips when all the cexes get absolutely btfo by Stakenet.

>>23676066
Checked.

>>23675555
Checked. Have you seen the latest update? They made the SS UI even better, you can choose the $ amount as well as coin amont.
>>23675755
>>23676066
Checked.

>>23675555
Nice quads. Fudders are so mad. They had 3 years.

>>23676177
checked.

>>23676177
>>23676377
What the fuck CHECKED. We really do have meme magic on our side.

>>23676385
xsn always has the digits

This thread is high energy, can you feel it my fellow XSN chads?

>>23676177
>>23676377
>>23676677
Checked, holy fuck we're gonna make it bros.

Simply put what stakenet is, by jo park stakenet discord.
>Stakenet is trying to make Bitcoin and its principle mainstream, so everyone can be his own bank, own the private keys to his assets and spends them like they wish.
This will be made possible by a very up-to-date UI (look at our Multicurrency Light Wallet), adapting the latest technology and by this overcoming blockchain problems (Lightning Network) and all this easy to use for every user (eg simple swap UI).
So we are building an infrastructure / an ecosystem so crypto can be used, hold and spent by everyone.

>>23676746
Not quite checked but still pleasant digits fellow StakeChad. 10000000MN checking in, CZ sent me a Twitter dm asking for a shot glass of my testosterone fuelled ball sweat to make him anywhere close to the man that a XSN Chad is. Science has yet to discover our secret, no LARP

>>23676826
Based. I wonder how long until cz bends the knee.

>>23676807
Based and xsnpilled

>>23672144
>>23672244
>>23672433
>>23674244
>>23674366
>>23675555
>>23675755
>>23676066
>>23676177
>>23676377
>>23676677
>>23676844
He's here, and he's watching this coin.

bump

Can we talk about "crypto influencers" for a moment? Are they essentially all bought to shill shitcoins or something? I constantly see the lot of them shilling random shitcoins that I've never heard of, and they often do this at the same time intervals. Is it basically all coordinated/bought marketing?

Whats the matter shitskin FUD'ers? dont want to risk bumping this blessed thread?

>>23677414
Forgot to add. Meanwhile I see no "crypto influences" even mentioning XSN for years now, which completely baffles the shit out of me considering a ton of the shit they shill is seemingly complete garbage in comparison.

>>23677414
Yes they are all paid. They have absurdly high fees.

>>23677414
yes. and its the same on /biz/. unless you see a write up of this quality(OP pastebin) and clear due diligence and real arguments, you know its probably a scam.

LINK had a plethora of write ups and credible arguments long before its meteoric rise.

>>23677441
They are not talking about it, because no one is paying them to do so

>>23677766
CHECKED. I'm pretty sure stakenet paid a youtube once, he put the video on unlisted and showed the discord, then he removed the video after getting paid.........

>>23670954
bump

No more fudders?

>>23680311
>11
Checked.