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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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21570311 No.21570311 [Reply] [Original]

>Layer 1 DEX = onchain, wrapped/sidechain bangladesh street shitter micro penis DEX

>Layer 2 DEX = instant congestion free big dick DEX

If you don’t have a bag of XSN then FUCK YOU

>> No.21570462

>>21570311
I have a bag of XSN and also have a massive dick so the two are definitely related.

>> No.21570519

tech looks promising but the team/marketing is next level retarded

>> No.21570631

>>21570519
Cope harder.

>> No.21570647

>>21570519
Good job the tech markets itself then by being the only thing that’s capable of actually scaling to deal with what’s coming

>> No.21570832

>>21570311
Checked.

>>21570462
Dicklet detected

>> No.21570891
File: 27 KB, 313x316, HGFHHJG.jpg [View same] [iqdb] [saucenao] [google]
21570891

>>21570311
checked.
XSN gonna be massive. This dip is great for buying more. Whale here ;)

>> No.21571042

I just started reading about XSN a few days ago. How much will I need to make it?

>> No.21571053

>>21570311
I got 20,600 at around .20-.22
I don't know how the fuck I'm going to finish this second Masternode at these prices.
Sucks man

>> No.21571081

>>21571042
15K is Masternode level might end up a make it stack depending on future volume

>> No.21571104

>>21570311
Checked and big dick pilled. I got 11.7 nodes.

>> No.21571169

Only 3 mn here :(, am I gonna make it

>> No.21571291

>>21571169
Not enough to quit your day job honestly.

>> No.21571323

>>21571042
15kish - 1 MN is a good size make it stack. Some people are getting up to 3 incase it takes a few years for DEX volume to grow to predicted levels.

>> No.21571508

It’s good to see a lot of big dick energy in here

>> No.21571534

>>21571053
You can do what I'm planning on doing: save up mn and staking rewards for some amount of years till you have a second. This at least gives you good reason to get as close as possible.

>> No.21571555

>>21571169
There is a good chance.

>> No.21571572

>>21570519
what exactly is so bad about their team/marketing? do you believe they can pull off what they're claiming?

>> No.21571612

>>21571572
If you follow XSN threads you see constant baseless fudding from people who want a lower price before it takes off. You can sign up for a working beta of the DEX right now if you want, many anons here have used it and can vouch for its quality.

>> No.21571958

>>21571572
they don't have a real marketing/pr team. just, essentially, discord trannies. these discord trannies are overzealous in their approach and are bombarding serious potential investors with shite posts on twitter. you remember the threads on here weeks, if not months ago about 'yankee pump my bags' ... well yeah, he's a serious red flag. not just him though, all of them that make posts to twitter. they're all seriously low iq. the way they handle themselves is mindbogglingly unprofessional. there has been two major posts in which you can see this. the first one where yankee failed to succinctly address how the aggregator works to the binance employee. while funny, you've got to remember he's the paid PR guy right now, and it just makes stakenet look shady to an outsider. no one came off better from that twitter interaction. someone will have the screenshots of the most recent one, where Wolf forced the dex down Andreas' throat, and then wolf got btfo because of unprofessional ethics. again, making stakenet look shady as fuck to outsiders. it's so infuriating, because i have been watching them for the past 6 months. they must be american or something, they're so blaze and arrogant. no hate other americans, but when your culture dictates how you post online, you've got to to something about it.

this is why it'll take organic growth from users to get the dex up to a respectable volume. the current team won't be able to market it, they couldn't sell sand to an arab. they have a working product which can swap btc for erc20 all in L2 and still don't know how to sell it.

>>21571323
i said it from 700sats. the make it is 10MN. 1MN is suicide stack. i have 11. good luck to everyone else trying to get some. keep in mind, it'll be a long haul. so you've got time to get more than 3.

>> No.21572088

>>21571958
Reasonable and based anon

>> No.21572143

>>21570891
I will sale to you for only 15K XSN the most valuable asset on earth ... my friendship

>> No.21572281
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21572281

>>21571958
Isn't there plan to start marketing after the DEX is almost fully featured? From what I understand the team doesn't hold a significant amount of the tokens and therefore they aren't splurging at every step.

Right now there is no official advertising, so we have investors doing it, it would be better at this point if we had some more official advertising to keep up with the uptick in hype though I agree with that.

>> No.21572400
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21572400

>>21571958
>>21571958
Your wrong about the Binance employee and Yankee, he gave the Binance employee all the info he needed just the Binance employee could not understand the basics of how an aggregator can work on a DEX despite that. As for the wolf post on Twitter he was talking to someone else who was researching XSN and all he said in his deleted tweet was

“Have you seen what @aatonop has said about Layer 2 DEXES like $XSN in his stream earlier today”

Now that can be taken two ways one being:

“have you seen this vid which talks about Layer 2 DEXES? XSN is built using Layer 2 tech too.”

Or the way Andreas took it

“Have you seen this vid where Andreas talks about Layer 2 DEXES like XSN” meaning he’s talking about XSN directly when he wasn’t and in his apology he said as much.

The absolute state of fudders trying to desperately turn nothing into something is fucking hilarious

>> No.21572454

>>21572400
I've said it before and I'll say it again, to any fence anons reading this: If a project has this many baseless fudders constantly following it around you might want to consider getting in while its still early.

>> No.21572462
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21572462

>>21572281
>the team doesn't hold a significant amount of tokens
well, they could put to a masternode vote and mint millions if they wanted to.

>> No.21572495

XSN is worthless in a world where loopring exists

>> No.21572532
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21572532

>>21572462
Do you see the context of your own screencap?
>We can't just mint tokens out of thin air.
You realize this project is a fork? You know that creating tokens isn't the same as owning them?

>> No.21572543

>>21572400
you just sound like you have a massive erection for stakenet. are you so blind you can't see how these interactions make stakenet look to an outsider?

>> No.21572604

>>21571958
prove you have 11 mn

>> No.21572694

>>21572495
Yeah they are the biggest competitor I think and might actually be what makes this worthless

>> No.21572695
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21572695

>>21572454
>baseless fudders constantly following it
This. What the fuck is with all the weak straw grasp fudding of XSN in every goddamn thread? Is it from competitors? It seems XSN obsoletes all other in development DEXs because of its use of lightning and raiden. I've listened to pitches for other "next gen" DEXs and they all sound like convoluted dog shit compared to XSN. If you're bag holding a competing project, name drop it here and tell me why it's better you fucking pajeets.

>> No.21572731

>>21571958
I think you are forgetting one big thing. The DEX is a very grey area regarding legality and right now while it is in stage 1 the team have to be very careful about how much they push the DEX as while it’s still in their control until Hydra they have a big target on their back if anyone wants to try and shut them down. This is why they can’t advertise who the liquidity partners are and things like that as then it also puts a target on their backs too so everything has to be kept under wraps for now until it’s out of their control

>> No.21572748

i hate this posw scam and yankeeruinx will pay for all of this

>> No.21572859

>>21572495
is loopring really THAT effective?

>> No.21572929

Apparently the plan is to use dex fees from before hydra is released on marketing, partnerships, conferences, hype etc. Considering this is like the first project I've ever seen without a massive premine or ICO it makes sense to do it that way. Also the reason why they asked the community to allow them to mint 7 mil tokens during the bottom of the best market, so they could afford to pay their wages and keep working. Pretty based honestly, better than the countless shitcoins where the team owns half the supply and dumps on retards the moment any momentum happens so they can make a quick couple million.

>> No.21572941

>>21572859
It does what Stakenet wants to do on Raiden already

>> No.21572954

>>21572859
Loopring is ETH only, just batches up transactions onchain and also no reason why XSN can’t integrate it into Raiden so is not a threat at all.

>> No.21572993

stakenet sucks and the bggest bag holders got all their shit for free

stupid ass scam coin conartist yankeeruinx just look at the name stakenet and u know its fucking over

>> No.21573015

>>21572604
Are you the guy who says anyone with more than 1k chainlink is a larp? How do you stay so poor when you know about /biz/.

>> No.21573060

>>21572748
nope

>> No.21573091

>>21572993
This right here is what micro penis little dick energy looks like.

>> No.21573095

>>21572941
https://github.com/Loopring/protocols/blob/master/packages/loopring_v3/DESIGN.md#trading-with-off-chain-balances
>ctrl-f
>lightning
>raiden
no results. Looks interesting but its not on the same level as the xsn dex beta.

>> No.21573133

>>21573095
shut up retard dicksucker scammer

>> No.21573153

>>21573095
They use zkrollup as its solution. Not sure how it is compared to raiden

>> No.21573154

>>21573133
still not too late to convert your bags, friend.

>> No.21573173

>>21572941
>>21572954
„ETH only” is not really that bad since we can have bridged assets from other blockchains as erc-20 tokens on ETH i guess. Ren is doing well in this area afaik, are there any major flaws to wrapping/bridging?

>> No.21573176

>>21573154
i will convert ur dog into a dogburger

>> No.21573183
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21573183

>>21572954
>Loopring just batches up transactions onchain
Really, that's it? If true XSN has already won.

>> No.21573219

>>21573173
>any major flaws to wrapping/bridging
It's centralized for one.

>> No.21573227

>>21573176
How much lrc do you own and for how long?

>> No.21573239

>>21573219
so is the XSN Orderbook

>> No.21573256
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21573256

>>21573173
Yes there are lots of issues with wrapping assets not backed by there own blockchains but don’t take it from me take it from mr big dick himself

>> No.21573260

>>21573239
based

>> No.21573261

>>21573173
Doesn't wrapping assets involve losing control of those assets?

>> No.21573329

>>21573239
A centralised orderbook means nothing you can’t lose all your fucking money if an orderbook goes down retard plus with hydra that shit gets distributed over the MNs anyway. These weak fud attempts have such tiny dick energy I almost feel sorry for them

>> No.21573349

>>21570311
how does L2 even work?
Does it mean my shitcoins would be on their wallet instead of mine?

>> No.21573417

>>21573349
In really basic terms as far as I understand: Rather than pushing every little transaction to the main blockchain of whatever token, all the little trades are summed up and then every once in a while the total sum is added to the main blockchain. This way the time and cost of pushing to the chain is only endured when the lightning channel closes, rather than for every single trade.
I know this is mostly correct but someone correct me if I'm wrong about specifics.

>> No.21573430

>>21573261
Absolutely in nearly all cases you are trusting a 3rd party with the actual assets while you just get some arbitrary token that is supposed to represent its value. Think of USDT, that’s a wrapped asset and it’s supposed to be backed by USD. Now if you were to cash out all of the USDT in circulation to USD do you think you would get 1:1 value? I don’t think so, USDT at this point only keeps its value because nobody can prove without a doubt they don’t have the $’s to back it but if someone eventually does it’s value goes to zero and that’s the same with any wrapped asset.

Pretty much the only exception to this is wETH which is backed by its own blockchain ETH so no trust needed

>> No.21573464

>>21573417
thanks

>>21573256
does this mean I shouldn't trust WBTC?

>> No.21573495

>>21572731
Baseless fud again. You can't ban aggregators unless you ban apis.

>> No.21573510

>>21573349
L2s use smart contracts that update the state of a network of channels, there is no "their wallet" your coins are always in your wallet. It wouldn't be a DEX if there was a 3rd party centralized wallet like a CEX. L2s like raiden can even handle high frequency trading completely decentralized, obviously unlike a L1 blockchain. L2 DEX like XSN will kill fucking everything else no wonder it has so many enemies.

>> No.21573523

Whoops meant to reply to >>21573495

>>21571958

>> No.21573530

>>21573430
Thought so. Can't wait until one of the team's backing wrapped BTC scams the fuck out of everyone using them then, it's a shit solution to the problem.

>> No.21573637

>>21573349
Basically L1 is onchain so a typical Bangladesh road and you want to get to the other end of the road so you can swap your Lambo for a Koenigsegg but you can’t because street shitters are clogging up the road trying to sell you carpets and curry.

So what you do?

Easy you move to Layer 2 which is a highway away from street shitters on Layer 1. On this highway you can go anywhere you want and then at the end of your journey you get to the garage and swap your Lambo skipping all the pajeets that we’re blocking your path.

>> No.21573908

>>21573510
I get it, thanks

>>21573637
>

>> No.21573960

>>21573430
what is the use-case of WETH?

Should I swap my WBTC for real BTC?
I have several thousand USD worth of it.

>> No.21574029

>>21572929
>No massive premine
PSOW was basically an ico, fuck the team pay the node/stake holders.

>> No.21574117

>>21574029
POSW devs are not the same ones as now dummy, current devs built the blockchain for the POSW devs and when that project collapsed they decided to use it to make their own fully fledged project. The fact they offered a token swap at all when they didn't have to and basically bailed out all the POSW holders when they had no duty to is amazingly charitable of them.

>> No.21574304

>>21573960
ETH does not conform to its own ERC20 standards so in order for it to it is “wrapped” into an ERC20 token in wETH. This means it then can use all the protocols ERC20 can use that ETH can’t.

>> No.21574418

>>21574304
It's so fucking funny to me that ETHs own native token doesn't even conform to their own standards. What a shitcoin.

>> No.21574431

>>21574117
That's how you know they are legit. Jews do not do that.

>> No.21574512

>>21574431
Exactly, they had two choices. Bail out POSW holders or just hard fork, premine 100 mil tokens, ICO another 100mil and laugh all the way to the bank. They picked the first and as far as I can tell they're the only team I've ever seen do that. Name another crypto project that's done that. Not a single one. They all have flashy charts and pie graphs and shit explaining how their premine totally isn't a premine and other bullshit to get away with dumping on anyone who likes their project. Its sickening kikery.

>> No.21574547

>>21573349
Think of going to a busy restaurant.

Layer 1 would be having to queue up and ordering your food and drinks individually, each time paying a $0.50 transaction charge. Every drink you buy you have to queue up for and pay the transaction charge.

Layer 2 would be opening a tab and at the end of the night paying for all your food and drink in one go. Every time you want a drink you just order through the app and it appears and is added to your tab. At the end of the night you just settle your tab.

>> No.21574554

>>21574512
Also what the fuck is up with blocknet, they are incredibly hostile.

>> No.21574578

>>21574431
The kikes fear XSN.

>> No.21574597

>>21574554
Their tech is outdated, i'd be angry too if i invested.

l2 dex ftw

>> No.21574621
File: 536 KB, 640x360, 1592944429707.gif [View same] [iqdb] [saucenao] [google]
21574621

I HATE XSN SCAM I HATE THEM ALL I HATE REDDIT I HATE DISCORD FUCK U FAGGOTS DIE DIE DIE DIE DIE

>> No.21574644

>>21574597
Just saw the discord posts, was that an actual blocknet dev?
>>21574621
Dude come clean, how much xsn do you own?

>> No.21574677

>>21574554
Blockcucks are most likely the cause of a lot of FUD since they are backing an inferior product. They also have a discord bot that alerts them to any mention on 4chan

Hi blocknet cucks

>> No.21574686
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21574686

>>21574621
>I HATE XSN SCAM I HATE THEM ALL I HATE REDDIT I HATE DISCORD FUCK U FAGGOTS DIE DIE DIE DIE DIE
What are you bag holding mad cunt?

>> No.21574708

When will this trash finally pump
Literally the entire market is pumping except XSN

>> No.21574758

>>21570519
>lest spend development resources on marketing the product that isn't ready for public release yet!

you must be a business genius.

>> No.21574864

>>21574431
Jews do frontload profits for themselves on the holder's backs.

>> No.21574878

>>21574864
Jews also market and try to sell incomplete products.

>> No.21574943

>>21574878
>pajeet trips up and proves my point

>> No.21574993

>>21574943
What the fuck are you talking about?

>> No.21575001

>>21574943
I assume you are shilling xsn
>>21574864 since stakent arent doing what you said here.

>> No.21575051

>>21574993
>>21575001
>jeet now spergs out realizing he looks like a fucking idiot

>> No.21575064

>>21575051
Nigger you shill xsn then you fud. Don't be a fucking fagot.

>> No.21575073

>>21574644
I didn't source it but that was what I was told - was terribly disappointed..

>> No.21575100

>>21574708
link dropped 20% :(

>> No.21575105

>>21571555
CHECKED

>> No.21575269
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21575269

>>21571169
Don’t listen to
>>21571291

This fag. 3 MNs is definitely making it.

>> No.21575501

>>21575064
I would never shill this shitcoin Vandeep

>> No.21575519

>>21575501
Cope harder nigger, you've probably got more than 1 node.

>> No.21575588

>>21575519
I know you need the rupees but this is pretty rabid you retarded sandnigger

>> No.21575597
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21575597

>>21575588
Seethe harder.

>> No.21575682

>>21575597
So tell me Zenjesh, why do you shill the unfinished project if you aren't a kike enabler?

>> No.21575704

>>21575682
Because the devs are waiting to promote till its finished. Randos on 4chan are not the devs dumbass.

>> No.21575714
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21575714

>>21575682
What's wrong with shilling a project that has a incredible product in beta testing? I don't get paid for this, I do this because I want to. Something a dirty yellow jew like yourself would never understand.

>> No.21575809

>>21575704
>>21575714
>randos
>they do it for free
What a sad fucking life if true, but you'd have to be retarded to think any of this jeetspam is real

>> No.21575831

>>21575809
Cope, I have 10+ masternodes and am currently making over $200 a week FOR FREE. And that's only at the current marketcap of 50million.

>> No.21575839

>>21575809
Do you even browse /biz?

>> No.21575882

Cant even be bothered shilling XSN anymore. I just know that post Raiden i'll be a millionaire

>> No.21575980

>>21575882
I’m annoyed I didn’t buy a bag of RDN, so obvious Raiden was going to pump with XSN providing a perfect usecase for the network

>> No.21576788

>>21575831
>>21575839
fags

>> No.21576805
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21576805

>>21576788
Sucki sucki cz

>> No.21576881
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21576881

cope

>> No.21577016

>>21575980
Lol

>> No.21577077

what is a suicide stack and make it stack for XSN, poorfag edition

>> No.21577127

>>21577077
1 Node is a make it stack (longer term)
10 nodes is fuck you money

Not sure what a suicide stack would be. Could be 1 node.

>> No.21577181

>>21577077
Suicide 1MN make it 10MN

>> No.21577195

>>21577127
suicide is half a node then accumulate xsn over several years to make a mn

>> No.21577200

>>21577181
I disagree, 10 nodes is fuck you money.

>> No.21577241

>>21577195
According to https://stakenet.info/staking/calc?

staking 7500 xsn would only get you around 900xsn a year.

>> No.21577251

>>21577195
*accumulate through staking rewards

>> No.21577324

>>21577195
What does suicide stack mean exactly? Minimum amount that if you don't buy at least this much you'll want to commit suicide for missing out when it moons?

>> No.21577335

>>21574677
Piece of shit wallet scam. Masternodes are not decentralized, 0.2% fees, shit marketing, your pos dex won't get any adoption.

>> No.21577355

>>21577335
Cope. Everything you said is a lie, try harder kike.

>> No.21577403

>>21577324
I believe that's where it came from. I understand it as a sort of minimum amount to live off of after it peaks.

>> No.21577658

>>21577403
A suicide stack for me is anything that isn’t in XSN.

>> No.21577767

>>21577658
Stay poor

>> No.21578294

>>21577355
Explain, how are they not centralized? How will your 0.2% fees make people want to adopt the dex? What will your dear XSN do with Yankee and twatter gang?

>> No.21578387

>>21578294
Explain how masternodes are centralised. There are over 2400 active nodes, owned by different people. 0.2% is the starting fee and is very small, that fee can also be reduced as the product is adopted.
>Yankee twitter fud
Kill yourself cz

>> No.21578637

>>21578294
Uniswap is 0.3% and doing fine plus they have onchain fees for every single trade. Your argument about fees is retarded

>> No.21578711

Nash is L2
+
Nashpay

shit is a gem

>> No.21578743

>>21578711
Nash has KYC and can lock you're funds. Also they are not layer 2 they use state channels.

>> No.21578764

>>21578743
your*

>> No.21578870

>>21578294
How are Masternodes centralised? You obviously don’t know how a MN works and think that because MNaaS hosts them they control them. Well for one MNaaS uses different VPS providers to make sure MN’s are spread out over the world so let’s just clear that up first.

Now down to the MN owner. The MN owner is the one who controls the collateral of the MN. They control what the MN does. Every month when you vote do you log in to your MN to vote or do you do it from your wallet holding the MN collateral? The MN has no power, only the wallet holding the collateral does and they are held by the user/owner not MNaaS so again kindly fuck off with your weak as fud retard