Stakenet XSN/ DEVS Ask me anything Part 1

[Anonymous No.24852313]

There you go faggots;
https://medium.com/stakenet/stakenet-ama-part-i-bdfcb8997d6d

[Anonymous No.24852814]

>>24852313
So XMR will added to the DEX. Fucking mint

[Anonymous No.24853098]

>>24852313
The world is going layer 2, seething fudders will be left behind

[Anonymous No.24853621]

>>24853098
Doesn’t that mean XSN’s DEX will be pointless since its only touting point is that it’s layer 2? If kraken and other big names go layer 2, nobody will care about what some literally-who coin is doing.

[Anonymous No.24853840]

>>24853621
I sold about 40k XSN by the way so nearly 3 master nodes’ worth, but I like to play devils advocate to keep the community sharp. Circlejerks don’t accomplish anything.

[Anonymous No.24853989]

>>24853840
When did you sell? Did you sell based on that Kraken news?

[Anonymous No.24854055]

>>24853621
Well they might be going L2 for withdrawals and deposits but that comes no where close to covering the entire premise of Stakenet's DEX.
Kraken would still be a CEX.

[Anonymous No.24854576]

>>24853989
That was a bad typo. It was supposed to say “hold”, not “sold.”
>>24854055
I guess that’s fair. My main concern right now is getting the normie money in. We care about the idea of a non-KYC dex that’s actually fast via L2, but if L2 is the only differentiator, that doesn’t guarantee normies will migrate en masse to us or a similar platform. The only reason Uniswap is as popular as it is is because of its wide variety of available coins since you can pick up basically anything ERC-20. It’s been talked about before that what gets listed on the DEX will (potentially) be up to a MN vote - BTC to ETH is really cool, but it won’t bring in new people if we aren’t listing a ton as well.
I’m probably putting the cart before the horse but I am getting a bit worried that our massive head start on the technology may be dwindling.

[Anonymous No.24854892]

>>24852313
Staked currencies seem to be quite inflationary.
Especially with master nodes.
From what I've seen, most masternodes just sell whatever they earn and continuously drive the price down. What prevents the price from going to zero?
Is it actually worth the investment to run a masternode?
What kind of earnings could I expect if I ran a masternode?

[Anonymous No.24855179]

lol @ AMA
what a load of bulshit..
> We Cant say anything about exchange, muh NDA
kys, sheeeit

[Anonymous No.24855288]

>>24852313
not gonna help
lol look at the price, dropping like a stone.
People just realised that XSN just a fart in the crypto storm.
>from 1000 to 700 sats in just 7 days.

[Anonymous No.24855709]

>>24852313
sell the news

[Anonymous No.24856670]

>>24853621
Bitfinex has LN BTC and it's really convenient for sending BTC to another wallet, but LN or no LN it's from a CEX that has full custody of your funds. Kraken is no different.

[Anonymous No.24856998]

>>24853621
XSN is decentralized so it still has advantage over Kraken.

Not your keys, not your coins.

[Anonymous No.24857051]

>>24855288
>pricing shit in sats

why do faggots like this exist? Price it USD you dumb fuck. if the price stays at 15 cents regardless of sats, its still worth 15 cents you fuck face.

[Anonymous No.24857602]

>>24853621
This is correct or at least when Hydra is developed, which doesn't make any sense and seems to make a lot of assumptions. They didn't give an explanation of how they intend on storing liquidity. What does that mean anyway?

Are they referring to collateral used in a lightning node? That's all I can think of in terms of a "liquidity hub." Are they going to wait until BTC can run smart contracts which is possibly never, unless you ask a BTC maximalist?

And then, if BTC can ever run a smart contract, when is that going to take place in several years? So in several years from now, we get Hydra and then you're telling me that people need to convert their BTC into XSN in order to convert it to another token?

This is just totally convoluted. It doesn't make any sense. Kraken already has the advantage because it doesn't need to make an unnecessary conversion into XSN.

Then the DEVS are misleading by saying Dapps will be run on XSN blockchain. How? In 10 years? Doesn't make any sense.

[Anonymous No.24857806]

>>24857602
>t. seething bl*cknet dev
either trigger your "exploit" or get back to work

[Anonymous No.24857860]

>>24857806
What is this garbage? Who is seething? It doesn't make any sense.

Can you explain it? By the time "Hydra" is implemented if ever, other tech will be ahead.

You don't think this is a problem?

[Anonymous No.24858178]

>>24857860
>Who is seething?
The one who's been spamming reddit-spaced pasta like "XSN is based on a UTXO blockchain that can't execute smart contracts" in every Stakenet thread for weeks, well after it was proven wrong dozens of times.
Literally every other DEX is either slow and inaccessible as fuck or a Uniswap wannabe. They're very far behind imo

[Anonymous No.24858418]

>>24858178
Nothing has been proved wrong. You have unrealistic expectations.

You are insane to think that anyone is behind, but that's because you don't understand the tech. The price is currently low, so if i wanted to buy this, why wouldn't I just buy it?

Why is it when someone points out a legitimate flaw, you become enraged and attack the person that pointed it out?

[Anonymous No.24858557]

>>24857051
if you can't read sats wtf are you doing here?

[Anonymous No.24858580]

>>24858178
Just so you understand, as an XSN masternode holder, you're betting on the ability for smart contracts to not only be run on a BTC like blockchain, but to also be more efficient than what's on a smart contract compatible blockchain.

Realistically, whether you want to admit this or not, the only 'liquidity' that can be stored is collateral in lightning nodes. And each lightning node can only store collateral of the underlying asset. It's not capable of storing multiple assets in the same lightning nodes. That's how the tech works. So you have to admit that you're betting on some drastic technological changes to take place.

Why didn't the devs just create an erc-20 token on ethereum? The issue with that is, just finding a value proposition as it is something that's a large struggle for even the dominant players like Uniswap that have $500M in treasury.

[Anonymous No.24858677]

>>24857860
Why would any tech be ahead when no one else is doing what Stakenet is?
>>24858418
You've pointed out some qualms to do with timescale and competitors getting ahead, but I don't really buy that there are currently others operating in the niche that Stakenet is trying to that are ready to release something that 'kills' XSN as it were.
I don't think speculating on how long, in your opinion, certain developments will take is raising a legitimate flaw.

[Anonymous No.24858703]

>>24858418
All your 'crying out in pain as you strike' pilpul aside, your whole premise is based on the notion that TPoS (aka trustless staking smart contracts that have been in continuous operation since 2018) and Lightning swap technology - something you can use right now to execute dozens of swaps between BTC/LTC/XSN in under a minute - magically don't exist.

[Anonymous No.24859619]

>>24858677
checked
they had 3 years

[Anonymous No.24859745]

>>24854892
XSN will have a burn mechanism to not inflate so much. Don't know much about it, but heard something about burning fees or something.

[Anonymous No.24860208]

>>24859745
in live release, dex fees would be partially burned to limit xsn inflation. in prometheus/Hydra, the remainder of those fees would go to master node owners who are auditing LN channels and acting, functionally, as routing mechanisms for the dex.

amount of burn largely depends on volume and fee structure.

[Anonymous No.24861098]

>>24859745
>>24860208
10% of the block rewards go to the treasury, 45% to staking, 45% to masternodes.
10% of the DEX fees are burned and the rest go to the masternodes.

[Anonymous No.24861680]

>>24860208
i think hydra could be a possibility by EO 2021 if alts pump a lot and X9 continues to direct all its treasury money into development

[Anonymous No.24861720]

Project would be great if it has devs that aren't pajeet copy paste frontend tier.

[Anonymous No.24862480]

what a trash AMA. Literally answered nothing.

[Anonymous No.24863261]

>>24862480
more like they avoided all of the pressing questions. didn't expect them to answer about the posw exit scam fud, but like NO AUDIT?

[Anonymous No.24863264]

>>24852313
BLOCK will eat your lunch losers

[Anonymous No.24863505]

>>24863264

[Anonymous No.24864351]

>>24863261
>posw exit scam fud
Like the UTXO pasta, it wasn't true in 2018 and has been refuted countless times but continues to be spammed non-stop as if it isn't a non-issue based upon a lie.
>>24863264
Do you still have to download three blockchains, locally host them, and wait for confirmations on each individual blockchain to go through for every atomic swap?
https://www.youtube.com/watch?v=aFSl60KcaCk

[Anonymous No.24865239]

>>24863264
>>24863505
kek

[Anonymous No.24865930]

...what do we have here?
hmmmmmmmmmmmmmm

[Anonymous No.24866056]

>>24854576
Agreed, I want the possibility to add new coins to be completely up to each and every user, I really fucking hope it won't be a fucking circlejerk about keeping the dex clean from shitty coins. Perhaps they wouldn't have to show a standard list of every erc/other coin but at least the ability for every person to add whatever they wish to their own list.

[Anonymous No.24866058]

>>24865930

[Anonymous No.24866129]

>>24865930
Honestly was fudding XSN only because this wasn't a thing already. CEXs are obsolete. Buy XRP and XSN as the new standards for transactions to actually own the new wealth.

[Anonymous No.24866168]

>>24865930
Oh no no NO NO NONONONO HAAAAAAAAAAAAAHAHAHAHAHAHAHAA FUUUUUDDERS WHEEEEEEERE AAAAAAAAARE YOU, HAHAHHAHA! FUDDERS BTFOOOOO.

[Anonymous No.24866190]

>>24861098
not true! the 90% don't go to MNs, they go to liquidity providers

[Anonymous No.24866238]

>>24866058
A moment of silence for the two impressionable anons that got scared away by the aggressive fudders.
>>24866129
>XRP and XSN
Kek. Polar opposites. Interesting strategy, actually.

[Anonymous No.24866280]

>>24865930

>fake fake fake fake fake fake fake fake fake fake fake
fake hopium

[Anonymous No.24866326]

>>24866238
Yeah that's the whole point, you have the institutional and the independent creating a loophole for your wealth. Freebie advice.

[Anonymous No.24866433]

>>24866168
I'm an Photoshop expert anx and I can attest that its Photoshoped.
go home Arjun kumar
>>24865930

[Anonymous No.24866622]

>>24866280
>>24866433
>nooooo everything i dont agree with is photoshopped
>n-no i dont have evidence
>>24866326
Best of luck to you in your gains anon.

[Anonymous No.24866655]

>>24866433
Checked, and i would load quickly anon :D

[Anonymous No.24866826]

>>24863264
I just started reading about Blocknet due to constant FUDing, and I'm still wrapping my head around it, but I think you're on to something. Apparently, the primary Blocknet Dev's opinion is sought out for his expertise in the field, instead of being some obscure development team best known for the PoSW exit scam. It seems as if everything XSN is trying to accomplish was just copied from Blocknet. Now, I can understand the extreme vitriol aimed at Blocknet by XSN supporters.

[Anonymous No.24867196]

>>24866826
Lmao I was right! >>24857806 You are just a bunch of angry, jealous BLOCK shills.
>the primary Blocknet Dev's opinion is sought out for his expertise in the field
Don't tell me you're one of their devs... If this is how they spend their time - spamming 2018 fud on a Mongolian GNU/waterboarding consortium - fuck me... the absolute state. XSN's community was one of the only ones that gave a damn or acknowledged what you were doing and you routinely coordinated to attack them whenever they find success?
Speaking of BLOCK DX... can you answer my question from earlier?
>Do you still have to download three blockchains, locally host them, and wait for confirmations on each individual blockchain to go through for every atomic swap?
>>24866655
Checked.

[Anonymous No.24867564]

>>24865930
>soon!!!!!!

[Anonymous No.24867658]

>>24866433
Kek, seethe more CZ. (very rekt)

[Anonymous No.24867661]

>>24867196
I'm sorry to disappoint you, but I have no affiliation whatsoever with Blocknet. I was merely doing research and discovered this. Just because someone has an opinion that differs from yours, it does not mean that it's some sort of conspiracy. Have you considered that you might be ignorant about Blocknet? This isn't a football game where you're rooting for teams. This is an investment. There is opportunity cost in not making the correct choice.

[Anonymous No.24867747]

>>24865930
>Connext offline
So it’s not even layer 2 for eth? How useful.

[Anonymous No.24868172]

>>24867661
>I was merely stalking the XSN thread for hours to spam tired old FUD and ad hominems but now that I've been called out I'm going to pretend to be the better person, accuse you of ignorance, and tell you to DYOR more diligently - I-I'm the victim
A cesspool couldn't be more full of shit.
Can one of you at least answer the legit question I have about using Block DX? Do I have to download 3 chains, host them on my SSD, and wait for confirmations on all 3 chains before doing an atomic swap on this day in the year of our Lord MMXX?
>>24867747
Connext is coming along just fine.

[Anonymous No.24868649]

>>24867564
soon indeed

[Anonymous No.24868709]

>>24866190
Trading fees are separate to Lightning 'fees'. The MNs receive trading fees from the DEX.

[Anonymous No.24868740]

>>24866826
See pic related for a quick reminder.

[Anonymous No.24868817]

>>24868740
HAHAHAHA

[Anonymous No.24869088]

>>24868172
Man, you are delusional. I don't know what else to say. If you have questions about Blocknet, ask the devs.

I just noticed that some thought leaders requested information from one of the Blocknet Devs. In particular, they were arguing about the inapplicability of smart contracts on BTC. If you didn't have on horse blinders and participate in an echo chamber, it might be something that you would have already been on top of. Unfortunately for you, you can't get over your own biases, so you have to create some sort of false narrative.

Again, I'm sorry to disappoint you.

[Anonymous No.24869256]

>>24869088
>tfw you have to enter every single stakenet thread to shill your own coin because no one really cares about you any longer.
I really feel a ton of pity for you blocknet investors, I really do. Why don't you get yourselves a stack of XSN just to hedge yourselves in the worst case scenario?

pic related, >tfw (for you)

[Anonymous No.24869552]

>>24869088
What, to you, is delusional?
Asking a rather simple question about what's involved in setting up Block DX on my computer as illustrated by their own guides (which I've now asked 3 times and still gotten no answer for), or pointing out that XSN has been executing smart contracts continuously since 2018 - invalidating FUD that is spammed in every XSN thread for hours on end everyday?
You said you've "done your research" on Block and you're set on it, right? Surely, you'd be able to answer a very basic question about your investment instead of deflecting, resorting to ad hominems, and doubling down on what's already been proven wrong about XSN time and time again...
The pilpul you are engaging in here is disgustingly transparent.

[Anonymous No.24869596]

>>24869256
I don't know what the value proposition of Blocknet is yet. I know I've been disappointing people, but I doubt I'll put any money in Blocknet either. Unlike you, I understand volatility harvesting and it would be more preferable to hold an asset like Eth than have a substantial amount of collateral necessary to operate lightning nodes. It's a race to the bottom in terms of fees. It's not attractive to me.

Your mistake is that you hold XSN instead of BTC. Nobody wants XSN, nor will anyone ever want XSN. It literally has no value and adds an additional abstraction which makes it economically unviable in comparison to solutions that don't require an additional conversion.

Your investment in XSN is going to go to 0. I haven't read enough about Blocknet to have an informed opinion on it. Regardless, I doubt I'll be interested, but I can understand that people who hold a considerable amount of BTC might find it to be attractive as they can get a return on their investment. Still, I'd probably rather convert it into a wrapped version of BTC and lend it out for liquidity.

[Anonymous No.24869865]

>>24869552
You're delusional in thinking that I'm a member of the Blocknet team just because I mentioned that one of the developers is held in high regard in the community and appears to be a though leader. I don't know why you feel the need to accuse me of being something I'm not, but you must feel very insecure.

And again, I'm sorry to disappoint you, but the smart contract that is relevant, unlike what you continually break up, is one that is capable of holding liquidity similar to an AMM like Uniswap, which is currently not possible. In fact, the only person that argued that it could be developed in detail was the primary developer of Blocknet. Perhaps, if you are lucky, he will design one in the future for you that XSN can utilize. Doesn't appear to be something that will be designed anytime soon though, unfortunately for you.

[Anonymous No.24869898]

>>24869596
You really think I give a single fuck about anything you say to me?

I'm literally all in Stakenet and I couldn't fucking be happier. I literally don't care about petty faggot 10x gains from btc or ethereum. I'm fucking gambling for the moon of my life here, not scraping the remains in the asshole of buttniggercoin.

[Anonymous No.24870020]

>>24869898
You remind me of someone who invests in pink sheets. 99/100 times the investment goes to 0. You should expect to lose it all.

[Anonymous No.24870132]

In your own words...
>>24867661
>Have you considered that you might be ignorant about Blocknet? This isn't a football game where you're rooting for teams. This is an investment. There is opportunity cost in not making the correct choice.
>>24869596
>I don't know what the value proposition of Blocknet is yet. I know I've been disappointing people, but I doubt I'll put any money in Blocknet either.
At least own up to your position ffs. You look foolish changing the ground you're arguing from every 2 seconds in some futile effort to keep bashing XSN. You wouldn't be playing this game where you rave about BLOCK devs and their "thought leaders" (lmao) in-between slandering XSN and claiming it will "go to 0 and that no one wants it" (XSN has a higher mcap and much more trading volume btw) if you didn't have a very obvious agenda at hand.
>>24869898
Absolutely based.

[Anonymous No.24870246]

>>24870020
>huuurpa durp duerp derp deeeerp blurp?

[Anonymous No.24870453]

>>24870132
From what I've read, it makes a lot more sense than XSN. Holding XSN makes 0 sense. In Blocknet, the lightning nodes with collateral receive 100% of the profits. So it makes sense if I have BTC, I might be compelled to stake collateral in a Blocknet node and be a service provider.

The problem with XSN, at least according to the what the devs wrote, is that apparently, in the 'upgrade' to Hydra, you need to convert your Btc into XSN order to make a trade. But why would I do that when I can just run a node myself on Blocknet with the collateral of my choice and collect 100% of the fees.

It makes 0 sense for me to share fees with someone holding XSN shitcoins. Don't you agree?

It's pretty simple. I know you very irritated, but maybe you should do your own research about what I'm referring to in particular instead of directing your anger towards me. It would probably interest you, especially since you want to know about the applicability of smart contracts on BTC.

Again, I have no affiliation with Blocknet. That's a delusion you need to depart with.

[Anonymous No.24870507]

>>24870453
>10 posts by this ID

faggot

[Anonymous No.24870820]

>>24865930
HOODRA
HOLY FUCK

[Anonymous No.24871209]

>>24866655
checked back at ya son

[Anonymous No.24871271]

>>24870453
>Don't you agree?
No, now gtfo and KYS

[Anonymous No.24871298]

>>24870453
Fuck off with your blockek shill attempts, blockucks are dead because they rely on unscalable tech with atomic swaps. BTC, USDT and ETH are the primary trading pairs and all are to expensive to swap Onchain as soon as congestion builds. Offchain/Layer 2 has always been the future and XSN are the only ones doing it.

Plus don’t even try and say XSN copy Blockmongs, XSN built everything into a litewallet from the start and now those regards realised that’s actually an amazing idea they are scrambling to release their own, then their is Hydra and also adding Lightning Network to the roadmap amongst other things.

How long had block been around? 2014 and this is all they have to show for it? A DEX nobody give a fuck about and copying XSN at every chance they get.

[Anonymous No.24871455]

Oh and as for smart contracts in UTXO suggest you read this by Cardano team IOHK

https://iohk.io/en/research/library/papers/the-extended-utxo-model/

Oh that reminds me doesn’t Alex from XSN dev team also work for IOHK? Weird coincidence that.....

[Anonymous No.24871464]

>>24866655
checked back at ya son

>>24869898
hello based dep.

[Anonymous No.24871480]

>>24870453
Kek. Blocknet shills used to FUD XSN by attacking L2 as a basis for executing swaps in the first place... They were adamantly against using L2 protocols when they set out to build their L1-based atomic swap infrastructure.
Assuming they've bent the knee 6 years into its development and quietly come around to the idea that Stakenet had the right idea from the get-go without ever admitting it... have they executed LN swaps at all, or is that tech that XSN had in rough form as far back as 2018 and polished by this time last year still "coming soon" on their roadmap?
Will Block DX even have LN swaps by the time XSN has BTC/ETH swaps, or will people still have to download and locally host 3+ blockchains and wait for confirmations on all 3 before 1 single atomic swap has a chance at being executed?
There's a place for people like you who pretend to speak on authority and insist on running their mouths well after every point and everything they've argued has been thoroughly btfo. It's called reddit, and it's >>> that way >>>

[Anonymous No.24871551]

>>24870453
You are talking about 100% and 45% or whatever without regards to the absolute figure that is getting split anyway.
>It makes 0 sense for me to share fees with someone holding XSN shitcoins. Don't you agree?
This kind of seems like a misunderstanding of the network and just a bit of a confusing thing to say
I mean at the end of the day BLOCK is not going to be able to match Stakenet in many things soon, particularly when it comes to L2, so their $0.50 daily volume is likely here to stay. They've been around for more than twice as long as Stakenet. If the DEX has volume then the coin is valuable as people want to run the network and get profit?

[Anonymous No.24871613]

>>24871298
This is rich, especially considering the devs from Stakenet LITERALLY EXIT SCAMMED PoSW.

Nobody is shilling anything. I'm just observing you having a temper tantrum.

[Anonymous No.24871790]

>>24871613
PoSW was not exit scammed by X9.

>PoSW exists
>X9 contracted to build blockchain
>PoSW team fuck their website up
PoSW team give up project and X9 take over
>X9 want to rebrand so they initiate a swap for everyone to get their PoSW turned into XSN

[Anonymous No.24871815]

>>24871613
Hahahahaha the XSN dev team litterally had nothing to do with POSW apart from they were contracted to build and maintain the POSW blockchain which is exactly what they did. POSW collapse came from the actual POSW team running the staking/exchange website which they abandoned so X9 just carried on working on the blockchain and eventually took over the entire project and turned it into XSN.

All POSW was swapped to XSN so nobody lost any coins so please explain how they exit scammed?

[Anonymous No.24871882]

>>24871790
Exactly I think everyone forgets POSW started in early 2016 just as a staking/exchange website and wasn’t until early 2017 they decided they wanted their own coin which is where X9 came in and built it for them.

[Anonymous No.24872032]

>>24871613
Here we see the shill drop his fake sense of enlightened courtesy outright. Note how he goes from "merely doing research and humbly stating opinions", telling people to research and ask devs before they speak, and pretending to be the better person here >>24867661
However, after being pressed with very basic questions and being called out enough, you see him gradually meltdown to ad hominems and screaming POSW scam as he slowly begins to realize his multiple attempts to "covertly" shill BLOCK while slandering XSN and playing the victim have failed immensely.

[Anonymous No.24872302]

>>24868740
That reminds me blocktwats have also added XSN and Stakenet to their “Blocknet mentions” bot keywords so they can attempt to hijack any XSN threads like this clown is doing right now.

[Anonymous No.24872742]

>>24871882
i used to sprout beans on POSWExchange
newfags will never understand

[Anonymous No.24872864]

>>24872302
Big if true.
I feel bad for the blocknitters to be honest. They seem like a pretty alright project in reality. The way CZ stole their code by literally ju asking them about it (lol) makes me want to give them a hug. If they partnered up to fill a synergistic role with stakenet I would gladly welcome them as our (a bit) retarded brothers.

[Anonymous No.24873183]

>>24872864
>If they partnered up to fill a synergistic role with stakenet I would gladly welcome them as our (a bit) retarded brothers.
Agreed. Pic related was a regular staple of old XSN threads. Most of us used to stick up for Blocknet because they've been around for a long time and we remember when Binance and NEO screwed them.
In a way, I guess it wasn't too bad for BLOCK DX in hindsight because the best thing the Chinese managed to make out of what they stole was Binance DEX, which was pretty much a joke from the get-go.

[Anonymous No.24873196]

>>24872032
That's you on the left. You should never let yourself grow comfortable in this field. Things move fast. Again, I'm not shilling anything. Stop being so short sighted. I call things like I see them. I'm neutral on Blocknet because I don't know enough about it, but I can see that the lead developer is pretty brilliant. It doesn't do you any good to be so close minded. It doesn't do you any good to get your information from one source unless you want to remain ignorant.

[Anonymous No.24873270]

>>24868709
how are you gonna motivate liquidity providers?

[Anonymous No.24873505]

>>24854892
Current inflation is quite low. Dex will have a burn feature.

100% of trading fees get converted to xsn
10% of that is burnt, the rest goes to nodes/ node hubs.

[Anonymous No.24873624]

>>24858580
Holy fuck you're either a complete retard or a fudder.

[Anonymous No.24873672]

>>24861098
Ffs why do you always post this? This is wrong, you are referring to block rewards not the dex burn function. See >>24873505.

[Anonymous No.24873739]

>>24873624
Translation: I don't understand something, so I'm going to lash out uncontrollably like a toddler.

BAKA

[Anonymous No.24874144]

>>24862480
>Part 1 Of 4
It's like you can't read English rahesh.

[Anonymous No.24874234]

>>24865930
>A little sneak peek from our internal testnet version of the Light Wallet with Connext integration. Our devs are in the process of polishing off their code and verifying ETH transactions are up-to-scratch.

>Once this has completed and they are happy, they will begin compiling this for mainnet and testing within our closed beta group muscle.

>With Connext, you are able to trade directly without the need of wrapping it though for the testnet version in the below, we have included WETH as the testnet ERC-20 token.

From the discord, if anyone was wandering about weth.

[Anonymous No.24874279]

>>24866655
Checked, fudders and poorfags coping. You guys only have so much time left.

[Anonymous No.24874336]

>>24867661
>This isn't a football game where you're rooting for teams. This is an investment. There is opportunity cost in not making the correct choice.
100% block cuck confirmed, i remember them this line word for word.

[Anonymous No.24874357]

>>24873196
Right. With Blocknet, you're "neutral and objective" but glow about the devs even though you can't seem to explain how to even set up Block DX. With Stakenet, you resort to ad hominems, misguided info, and spamming long-refuted pasta about PoSW allegedly pulling an exit scam when they never did. Then you try to save face by calling whoever sees through your terrible sense of double think a Dunning-Kruger as if its a cunning thing to do. You're proving yourself more reddit with each post you make.
>>24873672
Excuse me, I forgot to include hubs.

[Anonymous No.24874378]

>>24873739
>13 posts by this ID
Rent free

[Anonymous No.24874475]

>>24874336
Just ask this idiot to start turkposting again that was more fun than him trying to act all eloquent and pretentious

[Anonymous No.24874888]

>>24874357
If you would take the time to look up the person I was referring to, you would see that he was the only one sought out by thought leaders in this field that was capable of describing how liquidity could be utilized on BTC in the same way as it is on ETH. While respect his hustle, I disagree with him; however, you apparently think you're more wise than the most prominent thought leaders in this field.

That's the Dunning-Kruger effect? Then what is?

Also, no matter how justify the actions of the devs, they did pull an exit scam and they're going to pull another one because they won't be able to accomplish what they said, and you're too afraid to ask the right questions.

If anything, you should be thankful of the Blocknet dev because if anyone is capable of building a smart contract capable of holding liquidity similar to how it works on ETH, it's him. Maybe one day, you'll get lucky, and he'll build one for you.

Unfortunately for you, that day will never come. Your investment is going to 0 no matter how hard you try to justify if. And just so we're clear, I would never invest in Blocknet either. Just because I respect the Devs intelligence and transparency, doesn't mean that I see any utility in the product he's developing.

Unfortunately for you, you have to come up with crazy conspiracy theories to justify your terrible investment and trust in developers that are known scammers. They literally exit scammed PoSW and continue to release supply and sell on the open market when the project is dead. Considering that's investors money, I would say that's fraud.

The lengths you go to justify their actions makes you about as low as a man who lets another man have sex with his wife and sleep in his bed and then makes the man breakfast. I'm not sure what they call that, but I think you can imagine.

So for the record, PoSW or XSN, whatever they want to call it today, is not necessary. The coin is not needed and an unnecessary abstraction.

[Anonymous No.24874966]

>>24874378
Fudding XSN with bots and shitty copypastas? $5
Staying in a thread to FUD XSN for 9 hours straight? Priceless.
>>24874475
Kek. Only XSN rotates between Pajeet, Turk, Kraut, and Ukranian as deemed necessary.

[Anonymous No.24875079]

>>24869898
Holy fucking based anon.

[Anonymous No.24875354]

>>24874966
Giving all your money willingly to scammers and losing all your life's savings and all the while thinking you're a genius, but invested in a literal scam.

Hilarious.

[Anonymous No.24875385]

>>24874966
The best part was when you accused me of being a Blocknet developer.

[Anonymous No.24875402]

>>24873196
>>24873739
This is what projection looks like.

[Anonymous No.24875421]

Ok you steakheads. Assuming this shit launches and it’s not vaporware then theoretically this should be able to put Binance out of business or atleast take lots of market share . Why isn’t this price reacting?

[Anonymous No.24875477]

>>24875421
Because no one knows about stakenet outside of /biz/ and I'm sure you understand what the rest of the crypto community is like. It's not finished so they won't care. Also since it's only has volume on livecoin and the dex atm.

[Anonymous No.24875585]

>>24875477
I think the biggest reason is that it's a complete scam.

[Anonymous No.24875621]

>>24875421
Bro you have no idea how early we still are. The project hasn’t even gotten off the runway yet and has all the indicators of something that will be in current XMR price territory after the bull run

[Anonymous No.24875660]

>>24873270
they earn by arbitraging, same as they would on any existing arbitrage opportunity.

[Anonymous No.24875683]

Speaking of the blockeks
I SUMMON THEEEE
BLOCKNETS BLOCKEKS

[Anonymous No.24875737]

>>24867747
more useful than uniswap. direct btc-eth pair is live, which is more than any existing dex has.
>fudders get the rope

[Anonymous No.24875747]

>>24874888
Nothing you've said warrants doing any further research, especially when you still haven't answered the most basic question I asked you about Block DX.
>do I still have to download 3 blockchains, host them locally, and wait for confirmations on all 3 individual chains to execute one single atomic swap?
Seeing how you've spent almost half a day ITT, what's your excuse for the constant deflection? Being that you're a self-appointed authority on who is a Dunning-Kruger, cringe as that is aside, wouldn't that imply that you're "enlightened" beyond the rest of us, at least enough that it should be very easy to answer a very simple question about the investment you're "not in nor affiliated with" but seem to fight to the death to defend?

You've been ITT for almost half a day, dedicating your "powerful mind" towards inventing some angle to attack XSN and all you can do is elaborate upon the same lies you've already repeated several times and had multiple people refute.
>thought leaders
lmao. fucks sake anon.

[Anonymous No.24875823]

I'm a pedophile and I hold exclusively XSN and LINK.

[Anonymous No.24875834]

>>24869552
>no response
lol fudders get the rope
L2 is king, I'm trading out my btc for xsn after this run-up

[Anonymous No.24875841]

>>24854055
>>24855288
>>24858677
>>24866622
>>24866655
>>24869088
>>24871455
>>24874144
>>24874888
>>24875477
Checked.
>>24875477
Yes we are extremely earlier it's not even funny. That will all change after the DEX and exchange listing.

[Anonymous No.24875873]

>>24875841
early* stupid typo

[Anonymous No.24875959]

>>24871455
>alex works for iohk
oh shit, it's time to invest in ada isn't it?

[Anonymous No.24875961]

I'm feeling gracious because golden bull have arrive so I'll let you in on a secret.
Sometimes I FUD scamnet piece of shit wallet mk. 2 not for any financial gain, I don't ever look at it outside of these threads, but purely because I like harvesting (You)s.
You guys seethe instantly whenever somebody posts anything negative about it. It's especially funny when you sit on discord all day everyday organising shill threads then accuse fudders of being coordinated.
I don't know if it's a cultural thing in Turkey but if you want less fud all you guys have to do is stop chimping out at the slightest criticism.

[Anonymous No.24876034]

>>24875477
>>24875621

Basically people are just sleeping o. This coin. this coin has crazy utility and has shown a working layer 2 dex.

I guess people won’t believe it until the dex volume shows adoption. And I guess by then the price will be high.

[Anonymous No.24876077]

>>24873196
Projection, thy name is Dunning-Kruger

[Anonymous No.24876106]

>>24875421
XSN is a low market cap altcoin that's relatively obscure, so it's automatically grouped in with the worst of shitcoins. Add to that, most influencers and prominent figureheads that pretend to care about tech ultimately have a price on their head and will snub you if they're not directly profiting. Good example being how Binance plays the role of gatekeeper by suppressing coins on CMC under the guise of "caring about promising, legit tech" in-between listing and shilling garbage that bought their way into the clique with ICO money.
Still don't think XSN needs any of that to take off.

[Anonymous No.24876164]

>>24874888
holy fuck that reddit post - hold on a sec, I know how to take care of this boys.

*ahem*

DIDN'T READ; NEVER SELLING!!!

[Anonymous No.24876197]

>>24875961
Kys faggot, there is no organised shilling.

[Anonymous No.24876226]

>>24876034
Yeah current Market cap is around 10 million........

[Anonymous No.24876260]

>>24875421
it's already had a pump in q3 2020.

everyone is waiting for the product to release eth pairs, and the closed beta eth dex isn't released yet.

expect price action to pick up in early 2021, after btc bill run corrects after latest leg up, and as eth privkeys are released in closed/open beta.

if you buy now, you're essentially betting that this will outperform btc for the next month or two. given pace of releases for the dex, that's not likely.

[Anonymous No.24876288]

>>24875683
they've been here since the OP basically. didn't you see the guy "objectively assessing" xsn dex against block dx? lol

[Anonymous No.24876338]

>>24875621
>and has all the indicators of something that will be in current XMR price territory after the bull run
That seems dubious. I could see $5, MAYBE $10 XSN in the long run, $150 is a pipe dream and that’s putting it politely.

[Anonymous No.24876401]

>>24875747
How far is the Stakenet developer's dick up your ass? Can you taste it? Are they your only source of information? Is this your only investment? You must have not made any money in this at all, huh? Now, I can see why you're so defensive. You've been consistently losing money on this venture. Why didn't you sell during the last pump?

And you keep inferring that I'm somehow affiliated with Blocknet. Just because I think XSN is worthless and going to 0 because it makes no sense. Think about Open Dex, which essentially uses the same exact strategy as XSN and the same underlying technology, but doesn't need to rely on some unnecessary blockchain in which the fees are distributed to people that took no risk. In Open Dex, users get 100% of the fees, and it's structured EXACTLY the same way as it is on Stakenet, but run off an EVN compatible blockchain, capable of storing liquidity. You didn't know about that though did you? I guess that dick is so far in your ass, it popped out your eyeballs, because you can't see shit. That's a long dick.

Again, I told you to ask the developers about Blocknet. Stop asking me questions about it. Just because I respect one of the developers intelligence, doesn't mean that A) I agree with everything he says, and B) that I would invest in Blocknet. As I said about million times, Dex fees are a race to the bottom and there are too many competitors.

Just like Sushiswap was a fork of Uniswap, Open Dex is the same thing as XSN, but it can do everything now that Stakenet can't and never will be able to do. I know this hurts you to know that you invested all your life savings into something that has no value, but nobody told you to do that.

[Anonymous No.24876429]

>>24876226
>>24876260
The gamble with XSN in 2021 is how far wild speculation around DeFi combined with its novel tech (LN-based and trading real BTC/ERC assets) will take it during what appears to be another GBR.
In terms of utility and what's genuinely needed in crypto, it blows coins like NEO and NANO out of the water. Most of XSN's competition are too busy trying to be "Uniswap killers" by directly mimicking it down to its L1 ETH-based wrapped assets infrastructure. The potential to pump and the potential for staying power are particularly high.

[Anonymous No.24876810]

>>24876197
t. Turkish discord tranny

[Anonymous No.24877181]

>>24876401
>kindergarten insults and caps to emphasize
Holy shit. Have I struck a nerve with the most enlightened anon in the thread? How could a man of your euphoric-tier intelligence become so unnerved by a simple Dunning-Kruger/retard like me?
We're kind of going in circles with whether or not you're a Block shill or not. If you are, you're making the project look terrible by constantly deflecting away from basic questions about it in-between glowing about it's "thought leaders" (lmao). I already pointed out where you've changed the ground you're arguing from several times here... It's pretty obvious. >>24870132
If you're not as you claim, I have no clue what your motive is to stay in an XSN thread for now 10 hours. If it's going to 0 as you say, why have you invested so much of your time and effort towards attacking it? Time is money. Can't you be confident in your own convictions?
Assuming you're "totally not" a covert Block shill who wants to speak on authority by pretending to be objective about everything else while stubbornly attacking XSN with stale FUD and comparing it to more ERC-based DEXs... Is this time well-spent to the enlightened - attacking something you have $0 invested in with points no one believes for half a day, accomplishing nothing while the XSN MN network grows a little more? Congratulations, I guess.

[Anonymous No.24877272]

>>24877181
>>24876401
>he deleted his seethe post
lmao

[Anonymous No.24877771]

>>24876338
mcap is so small and the bull market is wild enough that $20+ by next year is a very realistic prospect

[Anonymous No.24878290]

>>24876338
if he's talking mcap comparable to xmr that is essentially $10-20 territory

[Anonymous No.24878390]

>>24877771
I agree. 100+ is pretty high dose of hopium, but a 2 bil mcap would make for ~ 20$ xsn. Given the logarithmic growth that would mean pretty much anything in the top 50 could hit that number without much effort. Link is already 6 bill plus. Right now, before the boom. Consider how congested everything got last run, and that scaling is pretty much just where it was in 2017... And now institutions are involved. Crypto ads are everywhere. Trust in government handling of money is faltering. It's the perfect shit storm, and tradition layer 1s will get clogged up way worse than last time, and earlier in the cycle. Ltc will also have a great shot this run. Just like last time. Because it's paired everywhere. As will doge. The network load will shift to these coins in the boom so people can continue trading. I used the xsn Dex, and once I did I threw 4k into it. Shit just works. And it's eth, btc and ltc first in line for integration.

[Anonymous No.24878602]

>>24877272
I didn't delete it because of that. That's the Dunning Kruger effect again. You didn't read it all the way. I just deleted because knowledge is power. Let's see if you can figure it out. I'm gonna go out on a limb and say you won't. And it has nothing to do with Blocknet. I don't give a shit about Blocknet. Please stop creating things in your mind about false realities.

I don't think I said anything that was directed at you that should have been taken as if I was angry. I just simply stated that they have you so manipulated it's as if they're fucking you. LIke, it's like you're their girl and you're in a controlling relationship, but they're cheating on you behind your back. Nothing angry about that, just stating facts. That's why you missed the most important I said.

[Anonymous No.24878713]

>>24878390
interesting point about ltc and doge. that was common practice in 2017 to avoid all the congestion and fees transferring funds from one exchange to another. i used to use etc quite a bit for that reason.
now kraken is following bitfinex in integrating LN BTC. that is a massive benefit for stakenet DEX imo. it would only take a few seconds to generate an invoice and transfer over. the dex is already the best way to buy xsn. the advantages of cexs are slowly diminishing..
you traded $4k on the dex? thats nice. the most i did in one swap was about $500 but it worked with the ssui

[Anonymous No.24878817]

>>24878602
didn't read never selling you pilpul projecting concern troll

[Anonymous No.24878987]

>>24867661
6 hours ago...
>Have you considered that you might be ignorant about Blocknet? This isn't a football game where you're rooting for teams. This is an investment. There is opportunity cost in not making the correct choice.
>>24873196
3 hours ago...
>I'm neutral on Blocknet because I don't know enough about it, but I can see that the lead developer is pretty brilliant.
>>24878602
Now...
>I don't give a shit about Blocknet. Please stop creating things in your mind about false realities.
Kek. All your words, not mine.
It's not my fault that you can't keep your position straight. Seeing how you've spent 12 hours in this thread, your "neutral, objective" facade that you keep trying to put on for everything that isn't XSN, in an XSN thread of all places, is an absolute joke. No one is buying it.
Just cut your losses and move on. You have nothing to gain by staying in this thread and acting the way you've been acting.

[Anonymous No.24879077]

>>24878713
Not in one swap no. But actually using the product and seeing the pairs that were incoming made me realize that if this boom is anything like the last, scaling will go from a talked about concern to an actual barrier. The pairs xsn are putting first in line pretty well cover the coins I expect to be utilized to avoid congestion. In a gold rush, sell shovels

[Anonymous No.24879315]

>>24871613
Man, it must've been tough to avoid using caps all this time, but your cover is blown. Mr. Pajeet.

[Anonymous No.24879399]

>>24879077
connext brings a lot of extra coins i wasnt expecting along for the ride, including etc and all these:
https://chainid.network/chains/
just btc/usdt alone has such a massive potential to it

[Anonymous No.24879536]

>>24879077
>>24879399
checked

[Anonymous No.24879546]

Another great thread by sandeep and the street-shitter gang

Hope you enjoy the $0.25 you got for making this sandeep!

[Anonymous No.24879655]

>>24879546
>sandeep and the street-shitter gang
Not gonna lie, that was pretty funny.
Some things never change, do they?

[Anonymous No.24880067]

>>24879546
me on the far right :D
grug is a true bro

[Anonymous No.24880740]

>>24876338
$150 is only a 15billion mc. That's extremely likely in a bullrun.

[Anonymous No.24880766]

>>24877272
Lmao what a gay cunt

[Anonymous No.24880800]

>>24878390
This post here explains why i think $100 xsn is possible. Possibly by next Christmas.

[Anonymous No.24881215]

>>24880766
>>24880800
Checked. Xsn gets the digits.