LINK and XSN

[Anonymous No.20315934]

LINK goes up
XSN dips
XSN goes up
LINK dips
Cycles continues on an upward trend.

I wouldn't be surprised if Sergey Nazarov is involved with Stakenet since he is Satoshi Nakamoto.

What do you think /biz/?

[Anonymous No.20316034]

>>20315934
very interesting

[Anonymous No.20316123]

>>20315934
source: my ass

[Anonymous No.20316162]

>>20315934
Suddenly it all makes sense, thanks for the tip

[Anonymous No.20316243]

LINK money accumulating XSN.

This is a LINK board, looks like xsn is top 5 discussed coin here, given its marketcap, this is pretty significant.

There is no other conclusion other than LINK money is buying in XSN

[Anonymous No.20316322]

>>20316243
Link profits moving into XSN would be enough to take it to $1 alone regardless of anything else

[Anonymous No.20316757]

>>20316243
pure larp

[Anonymous No.20316778]

>>20316243
PLEASE SIR DO THE NEEDFUL

[Anonymous No.20316777]

>>20315934
Based and redpilled.

[Anonymous No.20316851]

>>20316322
Don't do that just yet, us poorfags need to at least get some fucking XSN

[Anonymous No.20316877]

>>20316777
CHECKED.

[Anonymous No.20317272]

>>20316322
checked.
>>20316877
those digits...

[Anonymous No.20317399]

>>20316322
>>20316877
Checked, linkies and stakies will make it.

[Anonymous No.20317570]

>>20316322
>>20316777
>>20316877
Checked.
>>20317399
Checked retard. Blessed thread.

[Anonymous No.20317596]

XSN $1 before November

[Anonymous No.20317824]

>>20317596
holy shit

[Anonymous No.20317975]

>>20317596
Swear this thing's going to be over $2 before I can buy more

[Anonymous No.20318087]

>>20315934
Why would anyone by XSN, when BLOCK is so vastly superior?

[Anonymous No.20318347]

>>20318087
Keep losing please, you don't even deserve to make it.

[Anonymous No.20318463]

>>20318087
can BLOCK jack into other exchanges?

[Anonymous No.20318648]

>>20318087
Virgin Block vs the Chad XSN

[Anonymous No.20318933]

Can we get an actual confirmed date of the dex launch and if there will be eth pairs on day one?

[Anonymous No.20318948]

Lol all this new Block shill, without any clarity on why it's better.

Fuck off and get some facts on why slow on chain swaps are better than fast off-chain swaps before you come back.

XSN >>>>>>. Block, its not even a thing.

[Anonymous No.20318965]

>>20316778
>being a retarded 7th grade dropout who doesn't know how to present data

any graph is worthless without it's axes. People from first world countries know this you curry pajeet fudding scum sandnigger

[Anonymous No.20319250]

https://is2.4chan.org/biz/1594649283734.jpg

[Anonymous No.20319278]

[Anonymous No.20319311]

>>20318933
Checked. No, DEX should launch within 2 months. Raiden will come when it's ready.

[Anonymous No.20319333]

>>20319278
Fuck blocknet.

[Anonymous No.20319441]

>>20318933
>>20319311
>>20319333
Holy fuck these digits.

[Anonymous No.20319446]

>>20319441
reroll

[Anonymous No.20319690]

>>20318948
>facts on why slow on chain swaps are better than fast off-chain swaps
for the same reason you want your transactions to be on chain, either --your-- OTXOs are in a block or they are not

[Anonymous No.20319882]

Layer 1 solutions are not suited to an exchange.

Recommend you read up on lightning and other layer 2 solutions. And how they interact with layer 1 before saying things like it doesn't get recorded in the block chain. end result does for lightning when the channel is closed.

https://cointelegraph.com/lightning-network-101/what-is-lightning-network-and-how-it-works

[Anonymous No.20319985]

>>20319882
> Layer 1 solutions are not suited to an exchange.
they are, that's what atomic swaps are for, while benefiting all the security of layer 1

[Anonymous No.20320186]

>>20316243
>looks like xsn is top 5 discussed coin here
Can I get a quick rundown on XSN?

[Anonymous No.20320412]

Blocknet is the Bitcoin of DEXes

[Anonymous No.20320433]

>>20320186
No KYC, non custodial, lightning swaps + raiden integration. Less than 10 clicks to setup. In beta testing atm.

>"We have already executed cross trades from BTC to ETH via Lightning and Raiden and have a proof of concept in place."

https://medium.com/stakenet/xsn-core-dev-update-july-12-2020-72cac6050377

[Anonymous No.20320449]

>>20320186
Also masternodes have a ton of uses.

[Anonymous No.20320545]

>>20318965
>>20316778

[Anonymous No.20320556]

>>20320412
depreciated: blocknet is the gold standard of DEXes
updated: blocknet is the bitcoin standard of DEXes

[Anonymous No.20320619]

>>20320186
>it swaps btc to eth

[Anonymous No.20320706]

>>20319985
"a significant reason for that failure is the unacceptably slow speed of finality for trading of ordinary amounts."

https://medium.com/sparkswap/atomic-cross-network-swaps-50c62b51d078


...

[Anonymous No.20320809]

>>20320556
Look I supported Blocknet for a long time and even used BlockDX when I could but after using Stakenets DEX myself last weekend it’s on a completely different level. In comparison it’s like BlocknetDX is a horse and cart, still a fine way to travel if you want too but let’s face most people are taking the car which is Stakenet’s DEX.

[Anonymous No.20320812]

scam

[Anonymous No.20320819]

>>20320706
there is 0 conf atomic swap trading, but most people don't buy and sell all the time anyway and will prefer the by far better security that only comes with the natural cost of waiting for on chain confirmations

[Anonymous No.20320821]

>>20320433
>>20320449
Yeah I did some reading on it. It looks like the next /ourcoin/. It is in stealth-mode like crazy, but being able to lightning swap cross chain is huge. Aside from what this dicknigger >>20320619 says, having a decentralized, scalable trade across chains almost instantaneously with virtually no fees will be extremely important to the future of crypto adoption.

one more question,
>raiden integration
wut dat?

[Anonymous No.20320834]

>>20319278
Meanwhile... XSN brainlets have to resort to manually shilling, so that their newfags can continue to shit up the board.

[Anonymous No.20320877]

>>20320821
it's what you need for

>swapping btc for eth

[Anonymous No.20320919]

>>20320809
not sure what a CEX would be in that picture but they are even more convenient

you only realize the cracks when the system is under stress

[Anonymous No.20320930]

>>20320834
oh nooo... he found out, this will be the end.

[Anonymous No.20321061]

>>20320834
/biz/ is naturally shilling XSN because they want their fellow bizlets to fucking make it. Blocknet cucks are shilling because they have to, by setting up fucking bots.

P A T H E T I C
A
T
H
E
T
I
C

[Anonymous No.20321076]

>>20320834
What am i supposed to read into a screen shot of a coupla threads posted 10 days ago? Nothing. Waste of time. Fuck off.

Stay poor retard, and stop wasting our time.

[Anonymous No.20321078]

>>20320919
>b-but muh no kyc

[Anonymous No.20321086]

Blocknet Chads will be driving lambos on the moon while XSN degens will still be manually shilling biz

[Anonymous No.20321106]

>>20320819
This is false. It's not 0.
>>20320821
old/biz/ knows, stealth mode is basically over
raiden is eth + tokens version of lightning on the stakenet roadmap it's at 35%

[Anonymous No.20321189]

>>20320919
Yeah but that’s exactly what Stakenet seem to have done though. You get all the convenience of a CEX in that it’s actually quick and easy to use but it’s a DEX so you keep your own keys and no KYC shit. Come on you can’t honestly tell me that using BlocknetDX is normie friendly.

[Anonymous No.20321248]

>>20321061
> I WANT TO BELIEVE

[Anonymous No.20321279]

>>20321086
>ironic
>blockcucks trying to insert themselves into XSN conversation because it’s the only way to try and get anyone to notice them
>pathetic
>shoo shoo pajeet

[Anonymous No.20321336]

>>20321279
>OH NONONONOO
>DELET THIS

[Anonymous No.20321339]

>>20321279
bitcoincucks trying to insert themselves into fiat conversations, baka

[Anonymous No.20321458]

>>20321086
I heard there will be a comparsion video soon :D
not sure who drives the lambo.
But it will not be blocknet. Thats for sure.

[Anonymous No.20321621]

>>20321458
do you mention which one is open source?

[Anonymous No.20321836]

>>20320819

Have you tried out the beta version of the stakenet dex ?

I appreciate what blocknet has done. I truly do. But anyone who looks at without rose glasses on will realise it isnt the best choice for the average user.

[Anonymous No.20321953]

the UI and UX offered by stakenet blows blocknet out of the water.

add to it that Stakenet dex can very easily add atomic swaps, and then what is left to make blocknet stand out ?

besides the "you get to download the entire chain of both coins you want to swap" factor.

even blocknet realises that it isnt for everybody, which is why there is a lite wallet in the works. correct ?

[Anonymous No.20322004]

>>20321836
the average user strongly prefers centralized exchanges i fear

link to the beta? any docs on this? i hope they release the code before launch

[Anonymous No.20322005]

There is no point to a lightning DEX when the on-chain fees are minimal, unless you are poor

[Anonymous No.20322081]

>>20321953
> even blocknet realises that it isnt for everybody, which is why there is a lite wallet in the works. correct ?

the lite wallet is actually in beta since last year, the gui is currently being made

also blocknet is much more than the DEX with xrouter which is like a decentralized infura

[Anonymous No.20322089]

>>20316877
Bunch of 4channers tried to force it as /ourcoin/, during the presale ico phase of chainlink there was a minimum requirement of 300eth to enter the presale. Bunch of anons pooled up together and shared presale links to fill them with their eth.

Coin continued to get shilled and pumped up and hyped for the sibios event that link was attended, whole event turned out to be a flop chainlink had a presentation in a room of like 18 people next to the public toilets, literally no news or partnership came from the event and the coin dumped back to below ico prices and created 1000's of bagholder anons.

Now during this alt bull run lots of anons and took advantage of this and shilling this coin to all the new money and newfags that joined in december and don't know this story.

The coin is HEAVILY manipulated and the supply is dried up from huge whales who accumulated below ICO price to create a artificially lower supply (a lot like REQ) and these people have so much room to dump on all of you faggots to still be in profit when the time comes.

In regards to actual project that chainlink aiming to achieve it's nothing more than a basic json parser for smart contracts, would take like a day to add to ethereum by itself.. literally making links whole concept pointless and definitely no need for a token. Would take a lot longer to get it working with bitcoin but the bitcoin core devs would be able to work out the solution a lot quicker than chainlink will, think that's something worth noting that literally nothing is completed and you're literally just buying a whitepaper, they have only 2 developers and they don't communicate at all with no proven background on either, in fact sergey was involved in a project before chainlink called NxT that he since been abandoned until it was took over by a new developer team

[Anonymous No.20322213]

>>20322005
You say that but what happens if crypto has another run like 2017? I mean the end goal here is mass adoption right? This is where onchain falls apart completely as it can’t scale and transaction fees go through the roof

[Anonymous No.20322223]

blocknet offers atomic swaps.

stakenet offers lightning swaps (which are atomic swaps on ln) + atomic swaps.

besides, it offers easy liquidity via its aggregator....an entire ecosystem set up resulting in one shop to buy the crypto of your choice.

1. Anon walks in.
2. pays.
3. Anon leaves with crypto of choice.

No waiting for chain sync or any of that.

If one sets aside the tribalism that comes with being fully invested in particular coin, one will realise the beauty of the structure.

see it with me, anon.

a vast global network.
a spider web without a network, and also no spiders.

instant, pure freedom of money movement.

forget the xsn coin, or the MN returns or whatever. you dont need the coin to use the DEX.

Walk in with the crypto you have.
walk out with the crypto you want.

beautiful.

satoshi would be proud.

[Anonymous No.20322360]

>>20322004
>>20322004

beta is open access.

all you have to do is join the discord and ask to test it. they'll get you in.

not even trying to seel you on xsn.
you dont have to buy a single xsn.

but you can contribute to the DEx development by testing it - be free to break it, with all our blessings.

open source eventually is the goal.

all relevant docs available on discord

[Anonymous No.20322555]

>>20322081
So is Stakenet you keep saying it’s just a DEX when it’s not, the DEX is just the first Dapp on their platform. A sort of showcase of what can be done. Both Blocknet and Stakenet are in the same market they just have different approaches and that’s absolutely fine. When it comes to just the Wallet/DEX though Stakenet from my experience with it so far is something I can actually see more people using. Like when they said to go check Binance and I would see my trades as I had actually been trading against the aggregator that shit blew my mind, I did a few more trades and straight away they would show up. That shits really cool and means that their dex doesn’t have to worry about liquidity which is a big issue not just limited to BlockDX but also other DEXs and Stakenet have solved it.

[Anonymous No.20322721]

Based. You do realise that you don't actually need to own any XSN to use the DEX (with blocknet you do need to own blocknet to use their DEX).....

You just need some of that XSN to run a MN if you want a comfy life and receive some of them DEX trading fees. Just saying.

[Anonymous No.20322859]

>>20322721
>(with blocknet you do need to own blocknet to use their DEX)
wrong, makers do not pay any fees and do not need any BLOCK at all

[Anonymous No.20323026]

>>20322859
what's a blocknet maker?

[Anonymous No.20323055]

>>20323026
what is a maker
what is a taker
what is trading

[Anonymous No.20323093]

>>20323055
ok so a taker has to pay fees?

[Anonymous No.20323115]

>>20323026
A maker is a user that makes orders (e.g. BTC/LTC). A taker is the one that takes existing orders. With the blocknet DX making orders is free. Taking orders takes a small fee. So you can get started with Block DX by selling XSN, BTC, LTC for BLOCK

[Anonymous No.20323119]

>>20322555
>Dapps

[Anonymous No.20323125]

>>20323093
correct

[Anonymous No.20323151]

>>20323115
thanks
>>20323125
how does a taker pay those fees?

[Anonymous No.20323322]

>>20323151
BLOCK for now, a percentage of tokens traded later possibly
it's not only a fee for the sake of a fee but an anti-spam meassure as well

[Anonymous No.20323456]

>>20323322
>block needed for takers
Ok, so this anon:
>>20322721
wasn't wrong. Block is needed for 50% of all use cases, you said so yourself. Moreover it uses atomic swaps.

Summarizing we can say it's significantly slower than Stakenets Dex and enforces users for 50% of all use cases to hold the token.

Just stop comparing yourself with Stakenet for your own sake. I won't spam Blocknet threads either, even tho there would be enough arguments mate

[Anonymous No.20323619]

>>20323456

just to clarify things, the fees in Stakenet DEx would be paid in the crypto being traded, but this would be immediately swapped into xsn before being distributed to MNs or burned.

So, the fee is paid in xsn in a round about kind of way, I guess, but one does not need xsn to simply use the dex in any way.

[Anonymous No.20323891]

>>20323456
you would be correct if we talked about fees in general, as it does not matter in which side the fees are paid

but it matters for "use case" a lot, since you don't need BLOCK to trade, you can just put up your order and let anyone take it (that of course has to pay with BLOCK)

but you as a single person can do thousands of trades without every holding any BLOCK

[Anonymous No.20323945]

>>20323619
so you buy 10 BTC und 0,1 BTC is fee (made up numbers)
0,1 BTC is automatically sold for XSN which contains a 0,001 BTC fee
which is automatically sold..
theres some dust threshold that is not converted anymore I guess, but that would be a trade with 0 fees then? so there is no minimal fee and 'low volume traders' don't pay fees?

[Anonymous No.20323986]

>>20323891
and to clarify, you as a user, could do EVERY trade on the Stakenet DEX, without ever holding any XSN.

[Anonymous No.20324000]

>>20323891
Apart from you can’t because well nobody actually uses BlockDX so you can’t do thousands of trades a day can you.

[Anonymous No.20324037]

>>20324000
just put up some discounted orders and i am happy to take them

[Anonymous No.20324168]

>>20323945

when we speak of lightning swaps, dust has a whole new meaning, anon.

like, one can do trade with a few sats.

but I see your point. I'm sure that is addressed, but I donno the answer there.
ill have to look into that.

[Anonymous No.20324292]

>>20324168
guess it plays are large role how much of this low volume trading one does (without leaving)
but sure, some kind of solution has to be already in place

[Anonymous No.20324539]

>>20324037
You should use that on your marketing

>Sell your shit at heavily discounted rates because it’s the only way to get people to go to the trouble of using it
>BlockDX

[Anonymous No.20324581]

>>20324168
LN channels can have zero fees, so for the DEX converting other assets and dust into XSN they can set it to zero.

[Anonymous No.20324632]

>>20324292

yea...im guessing the code wouldnt charge fees to itself...? donno. too low iq to guess anything different

but yes, the fee structure is interesting.

One pays for the ln channel, but can do millions of trades without closing it, so it'll be worth it ?

One walks in with btc, for eg, to buy ltc.
opens btc ln channel.
has no ltc to open ltc ln channel.
hence, one rents a ltc channel temporarily for a very VERY nominaL charge and completes the trade.

all with a few clicks on a dashboard.

i think like 10 clicks from starting a trade to ending one.

is beautiful.

[Anonymous No.20324633]

>>20324539
i actually more than once was happy to buy with a premium, knowing that the trade was fully decentralized

your argument is like saying you can't buy anything with bitcoin 10 years ago, all this shit is not about current levels of adoption/usage

[Anonymous No.20324660]

>>20324581
yet it doesn't make sense to get 1 SAT out of it, right

[Anonymous No.20324670]

>>20324581

ah.

right. thanks.

[Anonymous No.20324683]

Lmao at the desperate stakenet shills not realising that as well as blocknet having a world class dex it is also a LINK beating world class interoperability platform.

[Anonymous No.20324922]

>>20324683
lmao at the desparate blocknet cry for attention.

[Anonymous No.20324933]

>>20324683
Stakenet DEX will be the definitive LINK exchange

[Anonymous No.20324975]

>>20324633
Stakenet DEX is fully decentralised, even if it was run on 1 single hub it would still be decentralised as you are always in control of your assets and nobody can interfere or steal them even with 1 hub, you are not trusting anyone. When testing is done and it migrates to Hydra it is still exactly the same it just means from a global standpoint it can’t ever be taken down because it would require all MN’s to be taken offline but even if that happened you wouldn’t lose any funds and can just move them somewhere else.

[Anonymous No.20324987]

Is stakenet DEX closed source lol

[Anonymous No.20325031]

>>20324987
Is ledger closed source lol. Seems to work out fine for them Vs Trezor which is open source and has hacked/broken much more.

[Anonymous No.20325051]

>>20324975
>Stakenet DEX is fully decentralised
never denied that
although, being closed source, we cannot know

also: don't confuse non-custodial with decentralized

[Anonymous No.20325224]

>>20325031
there's a difference between 'is desired with decentralization in mind' and 'works out fine for them'
XRP works also fine for them lul

[Anonymous No.20325231]

>>20325051
If you follow Blocknet as much as it seems like you do then you should know first hand why sometimes it’s better to keep your code to yourself until you are ready. It seem like they must have a private repository of their own too

[Anonymous No.20325271]

>>20325231
that's like the devs having private files, not releasing binaries based on closed source code

[Anonymous No.20325300]

Closed source is the exact opposite of decentralized lul

[Anonymous No.20325395]

>>20325300
*Closed source until release

[Anonymous No.20325397]

That was binance ASKING for private repository

Blocknet is fully decentralized and open source

[Anonymous No.20325417]

>>20325300
no, the exact opposite is "centralized" lul

[Anonymous No.20325486]

>>20325417
and every single centralized component makes a system centralized

[Anonymous No.20325495]

>>20325397
As is Stakenet everything is on the github when released

[Anonymous No.20325553]

closed source till release.

once its out in the wild, living in a thousand MNs all around the globe...<shrug>

after that fiasco with binance stealing blocknet info to use on their Dex, one would assume blocknet followers would understand playing things safe.

[Anonymous No.20325611]

>>20325553
No no. They only understand that POV when it involves them, not when it involves others.

Simples.

[Anonymous No.20325710]

That was binance ASKING for private repository

Blocknet is fully decentralized and open source

[Anonymous No.20325779]

>>20320449
for those with MNs, how long after start up did you start earning? going on 4 days active for one of my MNaaS addresses, still waiting on rewards.

[Anonymous No.20325807]

>>20325495
this weak fud is tiring
>>20325710
nobody cares. you're still using atomic swaps. That's why it's predestined to fail. See Komodo, they have a nice, well-working otc atomic swap dex, that's hardly used and they didn't have a run, because it's slow. By the time trades on blocknets dex will be executed, some coins value might double. It will never be a high speed, high volume marketplace. It will be slow niche

[Anonymous No.20325821]

>>20325553
yet binance 'DEX' is a joke

[Anonymous No.20325833]

>>20325779
5 days +-

[Anonymous No.20325850]

>>20325779
5-6 for first reward on average currently and then should be more regular after that. There is a record number of MN’s currently running through so that will increase time between rewards

[Anonymous No.20326055]

>>20325833
>>20325850
ok thx guys just wanted to confirm. I heard 5 days at one point before but wanted to make sure I'm not running into issues due to the aforementioned investment surge.

[Anonymous No.20326063]

>>20325821

I agree.

you seem to be knowledgable about blocknet in general.

a query ? - has blocknet been open source since day 1 of development ?

[Anonymous No.20326112]

>>20325821
Yeah Binance is a joke of DEX which is why Stakenet are getting hassle off Binance employees asking how it all works already

[Anonymous No.20326223]

>>20325850
This is somewhat correct but please remember it is an average and your mileage may vary. You could be very lucky and get loads of rewards all at once then nothing for ages, etc but over time as an average I think they come in once every 36 hours or so with the current amount of MN’s running.

[Anonymous No.20326306]

>>20326063
i only started following blocknet in 2017, so i am not quite sure, but blocknet is pretty 'open' in general, specific superblock proposals for funding and decision making etc.

now that you say it.. i think the litewallet is still closed source, as it was supposed to be an external project based on the (open source) xrouter, but development seems to have moved inhouse, so it probably will be released

[Anonymous No.20326347]

>>20326112
i mean.. this 'aggregator' is just some kind of middleman taking the risk of losing its CEX-funds, right?!

i fucking love how this binance guy is explaining the word DEX

[Anonymous No.20326370]

>>20326306

there you go.

this would be the smart thing to do, yes ?
to lie low till ready ?

stakenet has proposals for funding through MN voting. MN can chose to vote against proposals and such....

[Anonymous No.20326383]

Saw this, very obnoxious, guy at the local McDonald's. What does it mean???

[Anonymous No.20326452]

some really good price action on the one shit exchange this is on! we're mooning lads!!

[Anonymous No.20326510]

>>20326306

I did not intend any "aha, gotcha" moment here.

But what I find amusing is how stakenet is being treated the same way blocknet was treated when first announced.

"scam", "close sourced" etc

pic related

[Anonymous No.20326541]

>>20326370
yeah, i guess both inherited it from dash (although, just as a side note, blocknet moved it on chain)

[Anonymous No.20326549]

>>20326383
eye
hurt myself today

[Anonymous No.20326610]

>>20326510
FUD first! also: buy XMR!

[Anonymous No.20326899]

>>20326510
>>20326610
I'm an XSN whale. XMR and BLOCK are both respectable projects that should be further interoperable with each other over time. All of them key in their own way to making crypto better.

[Anonymous No.20327253]

>>20326899
checked

[Anonymous No.20327279]

>>20326899
i can't wait for swaps with XMR, it should be possible: https://github.com/h4sh3d/xmr-btc-atomic-swap/blob/master/whitepaper/xmr-btc.pdf

[Anonymous No.20327351]

>>20327279
XMR has a bright future for on-chain swaps and L2

[Anonymous No.20327983]

>>20327351

xmr and L2 ?

i always thought xmr was not interested in L2

[Anonymous No.20328265]

>>20327983
XMR.to integrating LN for BTC tx was a major step forward for L2 interop.
The XMR devs themselves seem to be open to the idea if it benefits Monero. There is definitely an interest in adopting LN in the XMR community.

[Anonymous No.20328880]

>>20328265
all we need are xmr atms

[Anonymous No.20329254]

>>20328880
Fiat gateways still need a lot of work.
There's a lot of potential in building up P2P trading.