Stakenet XSN

[Anonymous No.21289201]

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/

XSN
>Digital money
>Decentralized
>Trust-less proof of stake
>Cold Staking

DEX
>Decentralized
>Masternodes
>45% block rewards
>90% Passive income from user fees
>Low fees
>NO KYC
>Instant settlements
>Infinite scalability
>Your Keys, Your Coins

>Lightning swaps
>Cross chain proof
>Raiden

[Anonymous No.21289212]

Stakenet has been dormant for years, during these years stakenet has constantly been working towards their product. DEX is going to released this year. They have a legit professional team with a real product. You can try the beta version for yourself. I really think it's going to be huge, I can see myself and the majority of crypto-currency using the DEX on a daily basis, its really easy to use. The best part is that you can always get the cheapest price on whatever you're investing into.

Stakenet is the future of money.


Good reads
>Whitepaper
https://stakenet.io/Stakenet_Whitepaper.pdf
>Quick rundown
https://medium.com/stakenet/multi-currency-wallet-and-lightning-swaps-stakenet-solution-7d0dafe99105
>X9's contributions to LTC
https://medium.com/stakenet/litecoin-foundation-and-x9-developers-announce-collaboration-510ca985b6
>Exertive Proof of Stake
https://medium.com/stakenet/exertive-proof-of-stake-epos-4a999807f9e4
>Great write-up of Cross Chain Proof of Stake (i.e. stake XSN, receive BTC)
https://medium.com/stakenet/posw-weekly-ccpos-cross-chain-proof-of-stake-de1ac87055cd
>The Cypherpunk Standard of Banking
https://medium.com/altcoin-magazine/the-cypherpunk-standard-of-banking-88f84a834180
>Most recent Dev Update
https://medium.com/stakenet/xsn-core-dev-update-july-12-2020-72cac6050377
https://medium.com/stakenet/xsn-core-ledger-update-july-20-2020-a446e7f7af4

Further reads
https://medium.com/stakenet

[Anonymous No.21289231]

You're unironically going to make it, if you hold a masternode in this.

>Stakenet is the third coin (Right after BTC/LTC) to implement lightning swaps on mainnet.
>They also partnered up with the Litecoin Foundation to help with lightning tech.
>They are working on their OWN Hardware Wallet- VIPER (Competing with Ledger, Trezor, and Xeeda) Which is the first crypto project EVER to work on that.
>Stakenet is soon launching a multi currency wallet with inbuilt lightning and atomic swaps (HUGE)
>Stakenet will also soon launch the first masternode powered DEX. Which requires NO registration, NO KYC, no bullshit at all.

[Anonymous No.21289278]

Once the DEX is out and raiden is slowly rolled out things like uniswap will die. Checked pic related. Other on-chains dexs and cexs will slowly be absorbed into Stakenets liquidity pool

[Anonymous No.21289392]

The treasury is controlled by masternode voting. Block rewards are split up as

45% Stacking
45% Masternode
10% Treasury

[Anonymous No.21289514]

>>21289201
In b4 "POSW rebrand" guy shows up.

[Anonymous No.21289603]

Every single on chain liquidity pool Dex will be rendered completely obsolete by Stakenet, and likewise every CEX.

You niggers still don't realise. Stakenet DEX will be THE crypto exchange by 2021.

[Anonymous No.21289655]

$XSN bank of the future.
$100 EOY 2021
$LINK $1000 EOY 2021

[Anonymous No.21289719]

>>21289655
Checked

[Anonymous No.21290372]

hail hydra

[Anonymous No.21290400]

It's a meeee Papafranku

[Anonymous No.21290431]

>>21289514
Probably a secretly bullish FUDder honestly

[Anonymous No.21290475]

>>21290431
everyone fuding this either ignorant or accumulating

[Anonymous No.21290721]

>>21289655
Checked.

[Anonymous No.21290809]

>>21289201
Not FUDing, actual question.
A true DEX like Stakenet’s should piss off (((centralized finance))), right? Binance is scared. Presumably most CEX’s would be scared, and presumably major banks and arms of the federal reserve should be scared.
So why would a fucking JP Morgan executive of all people be trusted to want this problem to succeed?
I hold 4 master nodes plus some additional XSN. But I can’t figure this part out.

[Anonymous No.21290936]

>>21290809
I’m no smart man but if he no longer works for anyone, why wouldn’t he want to get richer from xsn if he’s partnered with no strings attached to anyone else

[Anonymous No.21290976]

>>21290809
He could see it as a neccessary catalyst to something, or he could just work for banks because he believes in economics. Not everybody is Jewish

[Anonymous No.21291034]

>>21290809
He got shafted by BitMex after being an early investor.

I don't think he's a CEX advocate anymore after that.

[Anonymous No.21291065]

>>21289201
>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/

[Anonymous No.21291079]

How about you shut the fuck up

[Anonymous No.21291267]

>>21290809
CMC owned by binance removed stakenets trading pairs recently. It has been fixed though.

But yeah see >>21291034
Frank got shafted by cex scum and he wasn't impressed.

[Anonymous No.21291286]

>>21291065
Hello skadoosh
>>21291079
Cope. Did you buy the dip?

[Anonymous No.21291333]

>>21290809
Ex JP Morgan executive who got cucked big time in the 2008 crash and by bittrex.

Revenge time kiddo.

[Anonymous No.21291367]

Font forget that the cex is only the first dapp to roll out. One goal is to be able to provide instant feeless payments to vendors (think Amazon) where the buyer can use any currency they want and the the vendor can receive any coin they want in return (usdc for ex)

[Anonymous No.21291820]

>>21291065
Cope.

[Anonymous No.21291901]

How do I buy XSN in New York State?

[Anonymous No.21292025]

How does a token/coin afd liquidity / get listed on something like this? With a cex, I assume the company sends loads of coins to a cex wallet and that’s it done. And for a dex, the company puts loads of coins initially in a pool like uniswap/Bancor etc.

How do they get listed on this? It’s p2p?

[Anonymous No.21292048]

>>21291065
Silk is tasty I don't get this

[Anonymous No.21292417]

>>21289201
Maybe you should stop shilling this guy. I have nothing against him or the project, but it's like you're shilling your own resume in this board and it's becoming pathetic. He's a big guy in the finance world okay, but with or without his blessing the DEX is still gonna push through.

[Anonymous No.21292554]

>>21292025
Read up on aggregators. Stakenet will have binances and others liquidity

[Anonymous No.21292623]

>>21292554
Yeah I read that part. That’s fine, but how would a new token/coin launch on the dex if no one would have any of the token to aggregate in the first place?

What’s the system involved for getting ‘listed’ or providing a duck ton of liquidity. Not just bot software arb’ing.... if someone could answer me that, I’ll buy a couple masternodes. Looks great otherwise!

[Anonymous No.21292742]

>>21291333
I get an insane amount of digits with XSN. Meme magic is real and it's with us.

[Anonymous No.21293111]

>>21291333
checked.

[Anonymous No.21293137]

>>21293111
checked

[Anonymous No.21293155]

>>21292623
The dex does not need aggregation it is like any normal exchange where users can place buy/sell orders. The aggregator is purely there to fill gaps in liquidity, so like at launch when users first start using it there won't be empty orderbooks as the aggregator will be there. As more an more people move to the dex and start placing their own orders on the dex then reliance on the aggregator drops
So if a new project lists and XSN DEX is the only place it's traded so aggregators can't work between other exchange then it would just be like any other coin when it first launches on it's first exchange and it would be users filling the books which they would have to as where else could they trade it
The aggregator is just a user like anyone else, it's just an automated one (bot) that follows prices on other exchanges and sets it's orders accordingly inline with what other exchanges are doing
Anyone can run one too
The cool thing about our DEX is that currently nearly all projects are forced to launch on ERC20 for initial token distribution. With us they can use their own custom blockchains, which if they build in LN support or something like it from the start then it makes things really easy. Means less reliance on ETH in the long term and we can start to see more variety in the market hopefully as devs can be more creative.

[Anonymous No.21293191]

>>21293155
Taken off discord

[Anonymous No.21293192]

>>21293155
checked

[Anonymous No.21293252]

>>21293111
>>21293155
Checked

God it feels so fucking good finally being in something big from the ground up.

[Anonymous No.21293339]

which CEX do your orders go to? or does it have it's own orderbook too? does that mean your order only shows up to other stakenet users?

[Anonymous No.21293355]

>>21293155
Yeah but how does a project list on the Stakenet dex if it’s P2P? I’m totally fine with everything else you said. Aggregation software works at the start to fill orders. Then it lessens etc etc.

But how would a new coin/token list on it if there is no place to provide a stable pool? The company producing the token would run their own arb software and the pool would be listed on a cex? So the company has to list on cex first, and then run the arb software so that users from the dex could get it?

Ty for responses

[Anonymous No.21293553]

>>21292417
Arthur is that you?

[Anonymous No.21293624]

>>21293355
Anon you're best off going to the discord and asking the Devs/mods directly,they will always answer. Speaking for myself, I'm not a technicals guy. I just invest in fundamental utility. I barely understand how Chainlink works I just know that it solves a big problem in a good way and I trust the nerds who are making it. Hasn't stopped me making a lot of money.

[Anonymous No.21293626]

>>21293355
I don't know what specifically is planned but for ERC-20 it should be doable with the etherscan address similar to uniswap and then the owner can create initial orders.

For own blockchains there will be integration work necessary to do anyway and they do need to implement LN as well.

[Anonymous No.21293674]

>>21293624
Alright, discord link in the website or something?

[Anonymous No.21293821]

>>21293674
Yeah bottom page stakenet.io

[Anonymous No.21294032]

>>21293674
Discord(dot)gg(slash)mkstJc
Can’t post properly cause of spam detector

[Anonymous No.21294146]

>>21293821
>>21294032
Thanks. Will join at some point today and ask.

Would be nice to know how they plan to solve p2p liquidity issues for new tokens. Would definitely invest or go 50% of my funds into it. Direct p2p trading has always been plagued for new listings, not to mention volume. And pool dex’s like uniswap and shit like that can suck my nuts. If I never have to use that stupid fucking unicorn site again I’ll be happy

[Anonymous No.21294241]

>didn't buy the dip