/biz/ - Business & Finance

so its completely worthless now?

>>24091113
no they switched to a different thing thats actually ready unlike raiden which was shit from the start
this is a good thing

Found it pretty funny though that today XSN team basically said Raiden is a piece of shit and only works on Linux; the exact same thing fudders have been saying for months, but blindfolded shills claimed it's not true.

how does Raiden feel about being cucked?

>>24091083
RAIDEN was taking to too long. good thing I didn't buy that shit.

Now XSN can pump to $10 with liquidity mining and submarine swaps.

Problem with the announcement is that they still didn't give any timelines. Apparently it's "close", but it's been close before, and then they decided to pivot somewhere. Would it kill them to give an "ready by end of year" time table?

>>24091435
no promises in combat. it sucks but if they give hard deadlines and miss, the price tanks.

Financial independence is closer than we thought.
https://medium.com/stakenet/xsn-dev-update-november-20-215bfac3d127

>>24091113
Nope, this is wonderful news. Fuck Raiden, shillers btfo, but also very nice.

Stakeconneeeeeeeext.

what high-profile partnerships does XSN? any banks? any corporations?

why the FUCK aren't you putting your stakenet money into XRP you fucking RETARDS

Based, glad they dropped Raiden. Not having Windows support was a huge barrier.
Seems like they've been testing the new eth platform for a few weeks so hopefully the beta testers get it soon

>>24092122
>invest in jew shit goy
Fuck off Goldstein

>>24092122
>XgayP
Not even once. ISHYGDDT

We're gonna need new memes to replace all the Gayden shit.

what is this connext anyway? has nayone even heard of it before?

>>24092664
It is another L2 solution similar to lightning and raiden, they chose it over Raiden because of native windows support.
It also seems more tailored to how they want to use L2.

On the Connext discord one of the devs wrote this comparing it with Raiden.

"I don't think we have an easy to synthesize pros/cons out there. There's some big differences:
1. Connext doesn't support fully decentralized multihop transactions yet. We have held off on supporting that until p/m fit. For now, businesses/projects/protocols/service providers spin up a full node and then users connect to that node using clients (light nodes) in a hub-and-spoke fashion. Raiden, on the other hand, supports LN-style multihop which is awesome.

2. Connext is IMO a lot easier to use. We don't hard require syncing a ethereum node yourself and also our clients dont make assumptions about being always online (they're also very lightweight/run in the browser). I believe Raiden is working on a lightclient but I'm not sure of the status.

3. Connext is a state channel network, rather than a payment channel network like Raiden/LN. This means that we support more generalized state transitions both within the channel, and also when calling onchain contracts. So, for instance, you could create newer types of conditional transfers that resolve based on time, signatures, or even the outcome of a game rather than just HTLCs. You can also make the output of the channel a contract call with arbitrary params (though this is not fully supported yet).

4. We have slightly different philosophies towards how we support different currencies. On Raiden, each currency is its own "layered" network and so you need to find liquidity providers for your given asset to hop through. On Connext, you can route over channels that are collateralized in any asset (and also on any ethereum chain)"

This was 3 months ago though.

>>24092756
Well yeah I can read that. I'm asking has anyone ever heard of this shit before?
We all know *Raiden* was a "big name" and made people coom... Does con-next have the same power?

>>24092960
>Does con-next have the same power?
The name doesn't have the same ring to it, that's for sure.
>con-next
Also pic related.

>>24092122
hmmmm let me think about that one

This is incredibly bullish for XSN. Fudders BTFO, raiden shillers BTFO. Raiden was shit and they were having problems with it for a while hence why the info around ETH swaps was patchy.
Raiden team fucked Stakenet over doggystyle because they could only get their shit to work on Linux.

I can see in the Connext discord that Draper and Yuraolex entered and asked if they supported windows on this date: 07/29/2020

This means they have probably been considering switching away from Gayden for four months now. Perhaps they have already done a lot of work on the ETH-integration, and this switch doesn't set them back.

>>24093501
In the latest medium article you can see that the devs have been testing it in production for at least 3 weeks straight to make sure it is reliable.

>>24092960
arbitrum announced a partnership with connect today too

if they're not popular yet they will be soon - link shills will be dropping bread crumbs about them soon, and connext's twitter literally announced their partnership with xsn today (pic related).

EOY 2021:
1. LINK
2. XSN

>>24091543
The price tanked anyway. Still no forecast for any concrete release. I'm genuinely worried that if they ever do release, it'll be too little late. Bullrun is starting and time is running out.

Just found out that one of the Connext founders is a girl, and the CTO is a jeet. What are we in for?

>>24093807
We shall see, I'm hoping now that Gayden is fucked off that the development will happen quicker

>>24091083
is this pos going to do anything. its literally the worst performing coin on biz

>>24093950
>literally the worst performing coin on biz
we are the biz standard then. This is where all paths lead to, doom & gloom. What goes down, must come up.

>>24093615
It's actually, literally going to happen isn't it? I'm getting bullish as a mofo.

>>24094063
>>24094278
It's so close to happening, I really think X9 are going to do it bros

>>24092948
#4 is really interesting and would solve my biggest gripe about the dex right now - channel rentals.

channel rentals are a pain and create some weird hiccups in the ux right now where you can't effectively trade 100% of the coins in the state channel.

>>24094412
Just need LN to follow suit then I guess right?

>>24091083
ride the BadgerDAO train instead. did you miss the train? well dont worry, the thing you dont want to miss is the ship bc then you will swim with all the small fishes

>>24094447
or it seems connext may support cross chain swaps natively (or intends to in future state, at least), which would allow for a simplified layer 2 experience with fewer rentals or channel creation regardless of the coin you intend to swap to (or from)

I'll have to research, maybe hit their discord

>>24094647
niggerniggernigger
fuck off with your shitcoin shilling

>>24094733
Because I'm ngl that's the main thing that concerns me about the DEX. It just seems too complicated and annoying to use as you need to set up the channel X minutes before you actually need it. I'll have a look at the Connext discord, cheers lad

>>24094858
I mean you'd still be reliant on having the liquidity in L2 somewhere in BTC

not sure if only requiring one channel would create challenges for vortex implementation or liquidity partners who currently use LN to fulfill trades

You guys are bullish about a last minute protocol swap when we're supposedly "close to release? You guys were preaching about raiden being the best thing ever and now it's dog shit? Fuck off this is the worst news yet.

>>24095178
Because they haven't implemented ETH keys yet so it only improves further development from here.

>>24091083
got out of this one and invested into mirror.one

>>24095324
>food.finance
no, prabeesh

>>24095324
Best of luck with that. I'm sticking with XSN thanks

>>24091133
Oh boy I can't wait for another year of not being launched while they work on integration! Lol this is the ultimate "soon" coin.

>>24096623
It's one of the few coins with an actual use case trying to build an ecosystem, go play with unishit pnds.

>>24096623
Seethe more CZ, we're gonna conneXt your asshole together with the big fat Stakenet dick, and you're gonna like it.

Pretty big news, kind of a shame Raiden didn’t work out but at least things will move along quicker now

>>24092040
Kek

>>24091133
>>24091300
>>24092122
>>24092199
>>24092600
>>24093822
>>24094733
>>24095777
>>24097199
Xsn getting the digits.

Been telling you faggots for months now that big things were coming and they are. Pack you bags and just hold, stakies are going to MAKE IT.

Anyone know whether Connext not (yet( supporting multi-hop transactions has any practical implications on the dex/stakenet implementation compared with Raiden? Someone care to explain what the benefits/disadvantages of the switch are for the end-user (if any)?

>>24098978
>>24099078
>78 two times in a row
Can you feel him? He's definitely watching us.

>>24095178
If you actually read the dev update you'll understand that they have been testing connext for the last 3 weeks.

So i guess connext eoy is the new raiden eoy?

>>24095178
>he doesn't know

xsn has been ahead of this for 3 months now mein nigga.

>>24100596
When will they add LINK to the DEX?

>>24100843
depends on how xsn plays. smart play would be to release the top 50 eth projects on the dex right away.

the faggot way would be to hold voting which makes no fucking sense but exchanges get hard on people voting on shit that is already at top 10.

they better not fuck this up.

>>24092948
god damn this is bullish as fuck

need to get my hands on another masternode by EOY

also i cant believe there are STILL pajeets fuding this 24/7. you so much as mention XSN and they come out of the woodwork wtf

>>24093615
$100 2021
Fudders more jelly than the Smuckers factory

>>24101760
Indeed, Christmas will be interesting this year.

>>24099137
Kek has always been with us, nubiz doesn't know.
>>24101000
Checked.

>>24101000
Nice digits.

It is now time for the ritual to summon the blockkeks.......
AHEM
Blocknet

>>24103266
Checked, how will blockkeks ever recover from todays announcement?

>>24103266
Checked
>>24103374
Based
>>24091178
Kek. Fudders said that the Raiden demos were made in Sony Vegas

>>24097565
The Raiden devs should keep going and building up. Theyre a really talented dev team.

How will onchain dexs cope now?

>>24103629
By fudding xsn.

Blocknet

>>24104167
tHe sTAndRd

>>24104167

>>24104285
Sneed

>>24104854
The DEX is the Feed
The 24-word phrase is the Seed
POSW is Chuck

High IQ chads hold XSN.

>>24105425
Based.

Just used the DEX and SSUI to buy some more XSN.
Success!

>>24105425
110 is blockcucks
120 is uniswap
<100 is the cex vortex pulls from

>>24106082
140 IQ
>having $20k+ in DOGE
150 IQ
>never stopped sprouting Bitbean
200 IQ
>some abstract form of Bitconnect derivatives trading involving the $5 in 24h volume it gets on shady Russian exchanges
Like Rick and Morty or Colbert's Late Night show, it's beyond my comprehension

>>24091083
Feeling comfy with my 15 Master Nodes.

>>24106379
12 nodes here.

>>24106740
Binance on suicide watch

>>24106755
Checked. From the latest dev update seems the team is trying to put xsn on a big exchange. I wonder who will list them.

>>24106763
If I recall correctly the team mentioned being listed on an exchange that had a top 10 coin.

>>24106842
Anything can happen, we don't know if any deals have been dropped like raiden or any new ones have been picked up. The dev update at least gave us a clue, that they are looking into it.

>>24106763
Someone huge from my understanding. Will be very bullish for xsn

Working on my 14th Node.
Is this the make it stack or should i go harder?

>>24106898
Buy as many as you want.

1 Mn = Long term make it stack
5 Mn = short term make it stack
10 Mn = Fuck you money

>>24106898
1 masternode had always been the make it stack.

>>24106379
>>24106740
Nice. I'm at 11. Goal is to make it to a dozen by EOY and crack 200k next year.
>>24106763
>>24106842
I think I am permanently done with CEXs. I say that as someone that has accounts on at least 10 of them.
>>24106898
The upgrade to Hydra would make 14 nodes some serious income. Block rewards are already pretty nice. DEX fees would be indescribably comfy.
>>24106949
>>24106950
Accurate.

what's the MN staking reward?
also, what's the best tutorial for setting up one?

stakenet.info

>>24108524
>what's the MN staking reward?
9 xsn per block reward, amount you get per week depends on how many nodes on the network. Currently im getting roughly 35 xsn per node per week.

>what's the best tutorial for setting up one?
Take a look at https://stakenet.info/masternodes/
It should help you setup a node. If you have issues ask the in discord, the team is very friendly and helpful.

Hi guys! Nice topic here!

Why you shill this? Please stop!!1!

>>24108668
Thanks??
>>24108708
Because it's bull season motherfucker. Hold onto your bags or you will be left behind.

Why you will this? Please stop!!1!

>>24108811
Why do you keep changing ip and bumping the thread then?

Hey, where I can buy it?

>>24108917
Livecoin or XSN DEX. Apparently a new exchange will be coming in the future although not sure if it's worth waiting for that.

>>24108917
DEX, LiveCoin or beaxy

>>24108981
Beaxy has fuck all volume, don't use it.

>>24108917
>>24108936
Be forewarned that new accounts on Livecoin have withdrawals disabled for a few days.
The open beta version of the DEX is overdue for an update.

>>24109183
>new accounts on Livecoin have withdrawals disabled for a few days
Not unless you do the second factor verification stuff right? Have they changed it?

>>24109343
I thought that 2FA just cut the wait time down by a few days.
Could be wrong. I made my account some time ago

>>24109418
Pretty sure I could deposit/withdraw the first day I made my account, but I remember seeing a lot of warnings here about the 2FA as that locks your account. This was 3~4 months ago though.

>>24109515
The last time I got locked out was when I reset my password after not using it for awhile. That was probably late 2019.

are we getting another dip? i was gonna buy more if it reached 10 cent.
though i am not sure about keeping 2k on livecoin until it does

>>24109908
If it goes up more you will neck. Up to you, risk management is what it's all about.

>>24109927
well my risk management was putting in 4k with an average buyin of 11.6 cent. to have 2 nodes plus 4k to stake on cloud

but i could afford to put in another 4k the coming time.

>>24109946
Up to you, you'll get more returns by staking with tpos btw.(assuming you have 5k+ xsn)

>>24109958
but i need to keep my core wallet always open for that right ?

>>24109958
This. I didn't bother staking with tpos until i had 7k coz i couldn't be fucked previously, but it got me a lot more rewards than the cloud staking.

>>24109968
Not if you use a vps. Which will cost you $5-10 a month. Though your staking rewards will be more than that per month.

Your coins stay in your wallet but the vps was stakes them for you.

and like clockwork around another bullrun the turkroach and afghan pajeet discord shill squad try yet again to peddle their eternally "soon" broken DEX. raiden was dropped and instead of keeling over and accepting reality it seems yet again they move the goalposts to another unachievable goal. dont give these third world cockroaches your money newfags. at least if you're giving free money to a scam, choose a convincing one.

>>24091083
You do know Glitch fixes what these idiots failed to do, right? Soon.

>>24110075
Kys faggot. Go make another xrp thread.

>>24110088
>Buy my shit coin please

https://twitter.com/connextnetwork/status/1329838032392916993?s=21

>>24110075
>keeling over and accepting reality
Is what all of you CZ shills will have to do very very soon. Continue seething until then. The five stages of grief will very soon be upon you, faggot. Don't come back and tell us we didn't warn you when we're ramming (aka Connexting) our big fat vortex dick into your ass for some incredibly bad CEX (for you). You're gonna take it bitch, and you're gonna learn to enjoy taking our arbitraged liquidity, but you're still gonna be sucking that sweet vortex dick EVERY SINGLE MOMENT for the coming fifty or perhaps even hundreds of years. Every single time our big fat vortex dick pumps your ass full of arbitraged opiate semen you're gonna be reminded of what you could've had. You could've had everything, but in the end you'll only amount to a little bitch craving for your next Stakenut injection.

How does it feel to know this is your future?

The switch to connext and partnership has been in the works for months it didn’t just happen overnight and they have been waiting to announce until they had ETH pretty much ready to show. This week you going to see some shit that will blow minds

>>24091083

I don't care about the transaction speed of my trades, not really. As long as I get good prices. What makes XSN so special? Devs act like they're doing great work when their dex only turns over like 12k USD daily volume since the whole project is super convoluted in how you must work with it.

Honestly other liqduity aggregators are much more accessible and get you better trades.

XRP >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

>>24110089
i have never created or posted on an xrp thread, try again
>>24110281
it's so fucking funny to see you shills use your new buzzword after flogging the "raiden" horse for so long. you look pathetic. go back and cry in discord because you genuinely believe microsoft is stealing and patenting your ideas LOL

>>24093822

Existential suffering as you watch the golden bullrun take off without you.

>>24110312
thats very coincidental given the timing with the bullrun. wow they really must have something cooked up and ready for real this time! this time will be different guys!

>>24097493

Is that why Binance partnered up with Orion Protocol recently?

>>24093822
mate cut your losses and move on from this perpetual scam project, you will feel better. honestly you will get left behind if you cling on and expect something major to be delivered in the before eoy. they've had 3 years and delivered what exactly? a broken DEX and a wallet? i have a sneaking suspicion they'll have nothing to offer this bullrun, like the last bullrun

>>24097493
you called him CZ haha very good ranjeesh!

Writing a state channel contract can be done in something like 15 lines, Why do they need raiden?

>>24110395
Seeeethe more CZ spy, you're obviously very well understood with the project. I wonder ((why)) indeed. Prepare your anus because all Pajeets will be thrown overboard at the soon to be held yacht parties. No exceptions.

>>24110388
why is there such immense shilling on /biz/ for this literal memecoin? NO ONE wants to your use your centralised bullshit '''currency'''. fuck off

>>24093822
Literally nothing, as usual.

>>24110493
what do you recommend and why do you work full time to FUD this project? whats your motive? are you just a burned bagholder? i need to know.

>>24110376
DEX is currently getting 40k usd daily volume due to stress testing. What makes xsn special is being first to do native btc-eth swaps. No wrapped bullshit. Also they have vortex.

>>24110075
>>24110395
>>24110425
>>24110493
>>24110509
hi skadoosh

>>24110639
I don't have a penny in XRP (sold the pump from 3c around 25c back in 2017) but the MSM thinks it's hip. I expect them to shill it to normies on daytime TV and buy out influencers again.
If XSN hit the market cap that XRP has right now, it would be worth about $150/coin.
If XRP doubled its current market cap, it would be worth 72 cents.
Market cap is critical, and XSN's low mcap is half the reason to be so bullish about it.

>>24091083
>>24091133
>>24110591
whats this Bulshit

>>24110432
>Is that why Binance partnered up with Orion Protocol recently?
You don't get it. This relationship is not a two-way street. CZ is gonna have to comply or die as his users and liquidity get forcefully sucked towards our dex.

>>24112210
Turks are all over DEXs, do you niggers believe every shithole has 100% only dumb people? Every country has a smart top 10% that prolly hate the goverment.

XSN is still a scam though

>>24112210
What can I say? Turkey and Pakistan surprisingly based as fuck?