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/biz/ - Business & Finance


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20488834 No.20488834 [Reply] [Original]

Anyone who has a masternode is going to make it.

>Lightning transactions across multiple blockchains on a decentralised exchange with TOR implementation

>> No.20488905

Why is this better than Kyber, Bancor or any other decentralised exchange?

>> No.20488942

>>20488905
>Kyber, Bancor
>decentralized

>> No.20488952

>>20488905

Can kyber, bencor or any other exchange do instant swaps between ETH/BTC(not wBTC)?

Aleo the DEX isn't everything, it's just a part of the project.

>> No.20489169
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20489169

>>20488905
Those are not decentralised. And even if they were, they do not have instant interchain swaps. They do not have to promise of TOR ingegration(which means totally obscured swaps/payments)

This is a more ambitions yet more concise project that already has a working product in BETA, with a proven team behind it. Raiden network testing will commence soon

>> No.20489205

It’s the first _real_ decentralized finance project. It’s going to spearhead the upcoming bullrun.

>> No.20489231
File: 159 KB, 893x836, xsn1002021.jpg [View same] [iqdb] [saucenao] [google]
20489231

>> No.20489316

>>20489231
Based. Helping /biz/ make it.

>> No.20489350

>>20488942
>>20488952
>>20489169
It's too good to be true. It would be much more expensive if this were true

>> No.20489856

Just wait bud if you think masternodes are cheap now try waiting a week from now and than tell me if the price is still cheap

>> No.20490049

>>20489350
We ade in price discovery my friend.

How many crypto sites, bloggers, tweeterz, or toobers are talking about it yet?
Thats why this is your next 100-1000x.

>> No.20490102

>>20490049
Checked

Google Stakenet and nobody is talking about it. Actually take a deep dive into the project and tech and you realise this is a sleeping giant that is starting to awaken

>> No.20490107

Wish you shillchads would wrap this bitch on eth and pop it on uniswap. That’d be more effective than nonstop shilling to those who only fuck with meta. Those exchanges are shit. Or petition the team to do it. Couldn’t this be done rather simply with RenVM?

>> No.20490350
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20490350

The biggest put off I get from people is that they look at the overall gains and its over -50%.
But they don't bother to research it up in detail to see what's coming.
Cope.

>> No.20490457

>>20489350
>It would be much more expensive if this were true

You think $25,000,000 is a high market cap for this? Give it time anon. You will see a high market cap.

>> No.20490703
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20490703

>>20489350
>Marketcap should be much higher for this
>Will wait for it to x10 to FOMO in

>> No.20490763

>>20488834
Based. Release by September.

>> No.20490919

>>20490350
checked.

>> No.20490950

>>20490102
>>20490919
That's not what checked means you fucking new/fags/

>> No.20491398

XSN-Core Dev Update July 12 2020

SUMMARY
We have had a great month of development progress as we executed our first community DEX beta tests which resulted in success as over 50+testers were on boarded with no significant errors hit. Our team is proud to have stabilized the technology behind our P2P Lightning DEX swaps, successfully showcased them to our community and now are able to look ahead to next developments. The first and foremost being the integration of Raiden, Ethereum’s off chain client into our ecosystem. Updates on this and more below

>Raiden Integration into the DEX has begun.

As the DEX and wallet are now stable, developers have begun work on integrating Raiden into the DEX. This will bring…
>Stablecoins (such as DAI)
>Leveraged trading (FTT + FTT Tokens )
>DeFi (COMP + more)
We have already executed cross trades from BTC to ETH via Lightning and Raiden and have a proof of concept in place. We look forward to working with the Raiden developers and community for this task of creating a much needed BTC<>ETH bridge over these 2nd layer protocols

>> No.20491431
File: 214 KB, 700x456, STAKENET DEX.png [View same] [iqdb] [saucenao] [google]
20491431

>>20491398
XSN VORTEX [ROADMAP UPDATE]

>With DEX technology stable we are able to look ahead now at various features and tools that become available. One of them is a DeFi feature we believe will have a very large impact called VORTEX, when enabled it will allow any funds in Lightning, Raiden etc to be Arbitraged with external exchanges directly from your wallet via our DEX

>Provide the user with simple and easy to use interface where they can create and test strategies for the best possible results and returns. Easily run the strategy with the push of a button

Up till now banking, trading, and investment firms have had a monopoly on Arbitrage, with a very high barrier to entry being required. Vortex will give the everyday users the tools and ability to compete against these firms. We see this as an important target as it effectively decentralizes the current multi trillion $ automated trading industry

>> No.20491455

>>20491431
Next Milestones

>Working with our aggregating partners to increase depth/liquidity + backend connections (to other exchanges, both decentral and centralized)
>Raiden integration onto the DEX allows for Ethereum + all Ethereum tokens to be added to the DEX, for instant exchanging into BTC
>Trezor/Ledger integration into the LW will allow trading on the DEX directly from your HW device. Trade with your keys safe and protected at all times
>Launch date Setting official launch date for the DEX

>> No.20491586

>>20489169
>promise of TOR integration
Anon, I got to beta test and TOR is active now with one click.

>> No.20491630

1. the volume on livecoin is completely fake
2. why build this tech on top of the scamcoin posw instead of just starting over
3. the extensive shilling here makes absolutely no sense because if the product works as advertised everyone would be doing whatever they could to suppress the price and buy up as much as they can

>> No.20491754

RSR coin:
"can we have a bunch of money to go around buying up international assets as bigshot playboys while pretending the concept of collateral is a revolutionary development while ignoring the elephant in the room that we havent actually figured out scalable cheap and quick transactions with our shitcoin"

>> No.20491894

>>20491630
>1. the volume on livecoin is completely fake

do you have any proof of this whatsoever, and if it is true, why does it matter?

2. why build this tech on top of the scamcoin posw instead of just starting over
>Stakenet launched in March of 2018 by building off of a POSWallet (POSW) to Stakenet (XSN) coin swap. The Stakenet blockchain was created from the swap and is a modified blockchain based on Bitcoin. POSWallet was the original incarnation of Stakenet and offered a staking wallet that served over 100 of the most popular and common cryptocurrencies. The complete number of POSW coins in distribution grew to 250 million, so the developers burned coins from their wallet to lower the circulation to 70 million. Unfortunately, the website for the POSWallet was hacked, resulting in the team leaving the project. Instead of completely abandoning it, the developers rebuilt the blockchain from the ground up with better features and have now migrated POSW to the superior XSN.

basically, the x9 team aren't quitters.

3. the extensive shilling here makes absolutely no sense because if the product works as advertised everyone would be doing whatever they could to suppress the price and buy up as much as they can

I want my /biz/ bros to make it. Only a small percentage of holders are actively posting about XSN. the cats out of the bag anyway now, theres nothing we can do to suppress the price(but good luck)

>> No.20491952

>>20491630
>the extensive shilling here makes absolutely no sense because if the product works as advertised everyone would be doing whatever they could to suppress the price and buy up as much as they can
Like they did with Link at 0.15?

>> No.20492008

>>20491894
>do you have any proof of this whatsoever, and if it is true, why does it matter?
no but anyone would know its true by watching for 20 minutes

if the product works which i doubt, i think the aggregator accounts hooking into the exchanges will be shut down by the exchanges because otherwise the US govt will fuck them in the ass

>> No.20492040

>>20491952
>Like they did with Link at 0.15?
link NEEDED to be pumped to give sergey the ammo to build his vision
pumping a coin related to a valuable moneymaking product that is 99% complete makes no fucking sense

>> No.20492115

>>20492008
>if the product works which i doubt

it is literally working right now. I have used the beta DEX. you can even use it yourself if you ask in the discord. other anons here are using it >>20491586

>i think the aggregator accounts hooking into the exchanges will be shut down by the exchanges because otherwise the US govt will fuck them in the ass

now admittedly i honestly dont know what will happen here because once this DEX goes live it is going to make regulators completely obsolete. The government is not going to just sit back and watch its subjects bypass its bureaucracy.

Thats probably where TOR implementation comes in.

>> No.20492228
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20492228

>>20491894
The x9 team is fucking amazing. Raiden is at 50%. Once they integrate the raiden client into the wallet.... Boy i am excited.

>> No.20492297

>>20492115
>i honestly dont know what will happen here because once this DEX goes live it is going to make regulators completely obsolete
wrong, the aggregators need to hook into the cex's so thats where the pressure will be applied

>> No.20492323

Will we get another dip? Sure would like to get a MN for under 2k

>> No.20492439

>>20492297
The aggregator is just there to bring liquidity at the early stages of the DEX, when we will have enough volume and liquidity the price spread will be small making the aggregator unprofitable.

>> No.20492484

>>20492297
I do not agree with the notion that the aggregators could be "shut down", however, the aggregating function is only required during the bootstrap process. Before authorities are able to do anything about it, enough users have adopted the platform, and liquidity will come within, thus the aggregator is no longer required (at least at its full capacity).

>> No.20492595

>>20492323
i hope so, i need another cheap masternode.

>> No.20492609

>>20492008
The aggregator is just a tool to bring liquidity to the DEX, anyone can use one and there is absolutely zero reason why it is illegal to use one on a CEX. A CEX would have no interest in shutting one down as most of the volume comes from trading in this way and they still make their profits from that.

By the time this would even become a blip on anyone radar and IF some government or something decided to do something about it the DEX would already be at critical mass and people would be trading directly on it so they wouldn’t need to use aggregators to fill liquidity gaps anyway.

>> No.20492771

>>20492323
>>20492595
>playing with fire

you have maaaaaaybe a month before product goes live. less, if they implement raiden as a live platform update instead of shipping with raiden day 1.

dollar cost average until it's hit a price target you don't think is sustainable (hint: even $5 would be a value buy over the long term).

>> No.20493210

>>20492008
>>20492297
Being non-custodial makes Stakenet DEX bound to a different set of rules than the ones ordinary exchanges have to follow.

>> No.20493307

>>20493210
whatever account/identity the dex uses to trade on the cex is subject to the laws that the ordinary exchanges need to follow

>> No.20493624

>>20493307
>ARB bot on Binance buys/takes ownership of crypto in a country with no KYC
>swaps P2P in agreement with a 3rd party through a non-custodial DEX
I believe you'd have to work off the 2nd step here to get a good idea of what laws apply. Binance and the regulations that Binance adheres to in various parts of the world are irrelevant.

>> No.20494139

>>20490950
newfag here, what does checked mean i see it all the time

>> No.20494212

>>20494139
lurk more

>> No.20494255

>>20492008
would us govt really care about 20m in volume, when not even all of the 20m is from the us?

>> No.20494477

>>20494139
You say checked when someone posts a picture of a nice ass, it means you're checking the girl out.
Also if he posts a pic of nice big boobs you say nice digits, because in 4channel we measure boob size in digits from 1 to 10.

>> No.20494500

>>20494477
checked

>> No.20494515
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20494515

>>20494500
checked as well fren

>> No.20494616

>>20494477
>>20494500
double checked

>> No.20494641

>>20494515
>>20494616
Sequenced

>> No.20494854
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20494854

>>20494641
noted

>> No.20495531
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20495531

>>20488834
i only have 5 mns will i make it

>> No.20495567

>>20495531
No lad, you'll only be earning $300,000 a year

>> No.20495633
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20495633

>>20494477
checked

>> No.20495819

Almost at 9 mn. I'm gonna make it

>> No.20495871

>>20495531
5 mns is elite tier

>> No.20495991

>>20495871
>>20495567
thank you anons

>> No.20496152

>>20495991
5 should net you around 10-12k XSN/yr, unless the MN network becomes profitable and MN count goes up. Then it's a little harder to say because you'd make less in block rewards but potentially much more in exchange fees.
It's a good spot to be in to acquire more MNs.

>> No.20496733

>>20494139
>newfag here, what does checked mean i see it all the time
you need to go back
checked means when you check the price of coin

>> No.20496796

>>20496733
checked

>> No.20497009

>>20492228
>Raiden is at 50%.
Immagine believing this ahahaah

>> No.20497329

Oh man doubter anon gon get rekt

>> No.20497357
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20497357

>>20497009
Oh man, for reals?

You heard him, it's over boys

>> No.20498028

>>20489231
Why the fuck has livecoin has bad reviews, I bought and sign up for it few weeks ago and it operates more than well,it has nice security 2FA, interface, everything is in place...

>> No.20498035

>>20489231
Have had no issues w Livecoin.

>> No.20498069

>>20489856
Price isn't cheap even now, don't know too many people being able to throw 3k$ just like that...

>> No.20498161

>>20498028
idk. no app, maybe? ice had fewer problems with live coin than most other cexes

>> No.20498195

>>20495633
>>20494500
checked

>> No.20498254

How do I get a master node? I bought a few thousand of the token already.

>> No.20498374

>>20498254
You need 15k XSN.
In the meantime you can stake from XSN Cloud or the old-fashioned way from a private wallet with a low-power computer

>> No.20498375

i had an entire damn year to accumalate fucking fuck its 25 cents damnit pisser down the drain. next shit im seeing below 10 im dropping g's at it no more this funnyt shit

>> No.20498408

>>20498254
go here:
https://stakenet.info/masternodes/

>> No.20498440

>>20498375
yeah you missed cheap xsn. you can still buy and ride the wave, though; product is due for release within the quarter.

>> No.20498489

Hey guys is this and orion protocol similar or competing standards? Am I dumb to be invested in both

>> No.20498495

>>20498440
>within the quarter
Where did you hear that?

>> No.20498546

Dude. Join the discord and test the fucking thing and learn your ABCs

Be a Mexican, not a Mexicant

>> No.20498632

>>20498489
Orion appears to be a shameless rip-off and an ICO at that, but it's somewhat of a compliment that proves XSN has been building in the right direction this whole time.
XSN will also be immediately interoperable with any aggregation tools they may build via Raiden.

>> No.20498818

Just wanted to ask. Since stakenet runs on lightning. Are we ultimately at the mercy of blockstream when investing into xsn? I understand the entire protocol is decentralised but is there any existential threat posed by lightning being centralized?

>> No.20499115
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20499115

>dude, just join the discord and test the beta

>> No.20499138

>>20498818
I don't see how blockstream would even come close to having any control over Stakenet's LN

>> No.20499150
File: 2.68 MB, 1925x3188, stakenet.png [View same] [iqdb] [saucenao] [google]
20499150

>>20498818
blockstream fears LN and this fears XSN

>> No.20499175

>>20499138
I mean could blockstream pull the plug on lightning itself? That would spell doom for xsn. Is there a possibility however minute that this is possible?

>> No.20499184

>>20499150
thus*

>> No.20499197

>>20488834
this smells like vaporware.. is this DERO?

>> No.20499202

>>20499175
>I mean could blockstream pull the plug on lightning itself?
Yes they could, but the XSN devs keep dodging the question when asked.

>> No.20499210

>>20499175
Isn't Lightning open source? If their implementation is bad or short-sighted, surely it can be improved.

>> No.20499295

>>20499210
Yeah I think it is but I just don't trust blockstream. I already know their number one desire is to take every legacy bitcoin and give their L-btc side chain coin so you are basically stuck on the sidechain without their relative permission.

>> No.20499342

>>20499295
I mean fck the normies. Let blockstream do em dirty but I would never transfer all my btc onto the sidechain. For the same reason I can't be all in on xsn. I don't trust blockstream 100%

>> No.20499343

>>20499295
Stakenet uses Lightning Labs LND so I don't believe blockstream has any pull whatsoever

>> No.20499373

>>20499343
Oh OK. Thanks for that nugget

>> No.20499387

Stakenet's lightning network is not the liqiud chain by blockstream, big difference. they are working on lightning labs lnd, check the github

>> No.20499420

Rofl again with the vaporware bs.

Here's a nugget. Login to the godamn discord and ask to join the open beta to see the sex magic.

Bring a sock

>> No.20499488

check it out here: https://github.com/lightningnetwork/lnd/issues/4374

>> No.20499547

$_$ keep caĺling it a scam, soon I'll be selling to you personally at 50$ a piece and you'll swallow it

>> No.20499713

>>20492040

The absolute cognitive dissonance in this comment is off the charts.

>> No.20499721

>>20499547
based

>> No.20500477

>>20499547
>I'll be selling to you personally at 50$ a piece and you'll swallow i
delusional
I bet you dream of making "passive income" with your "masternode"

>> No.20500764

As you can see on that map. Lightning isn’t centralized or bound to any company.
It is a immutable p2p network as bitcoin is.

https://explorer.acinq.co/

Blockstream pushes the Liquid Network which is similar to Lightning as it is another Sidechain. They do that together with other companys.

In the end lightning will be more competitive as many goals are now achieved.

As example: In the past the size of a lightning channel was limited. Now with the integration of Wumbo there isn’t really a limitation to the size.
So btc can scale as much as needed and can be used as digital cash.
As it was the vision of his inventor.
No company needed for that and so there is no plug to pull.

https://github.com/lightningnetwork/lnd/pull/4429

>> No.20500915

>>20500477
Checked. Dare to dream, right?

>> No.20501519

>>20500764
cool map

>> No.20501682

XSN is aligned with Lightning labs not bloodstream

>> No.20502646

>>20491894
Super based ... The cat is fucking out of the bag , our /biz/ homie need to sell just a tini tiny small amount of link to buy just 1 MN to even make it even sooner.

>Bitcoin
>Xsn
>Link
>Eth

>> No.20502684

>>20500477
I don't dream about passive income when I'm already receiving passive income through my masternodes. What I do dream about is flying over your house over and over with all the different jets I could afford after selling some nodes

>> No.20502779

>>20502646
>>20502684
XSN is the bridging layer
Vastly superior interop

>> No.20502872

Saying XSN is superior is an understatement. Like saying your mom sucks decent Dick.

>> No.20503002

>>20502872
His mom sucks very good dick