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/biz/ - Business & Finance


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25940864 No.25940864 [Reply] [Original]

Blocknet bagholders on suicide watch edition

>What is Stakenet(XSN)?
https://pastebin.com/jiMdEAN8

>Whats the easiest way to set up a Masternode?
https://www.youtube.com/watch?v=x9_YdU8vWrU

>Official Site
https://stakenet.io/

>Whitepaper
https://stakenet.io/Stakenet_Whitepaper.pdf

>Lightpaper
https://medium.com/stakenet/stakenet-light-paper-56552f8c07a2

>Developer updates
https://medium.com/stakenet

>Latest Development Update
https://medium.com/stakenet/xsn-core-update-jan-2021-1f2b1f585b58

>Hardware Wallet Cold Staking
https://medium.com/stakenet/trezor-tpos-guide-fb9ea90382fd

>Additional reading

>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
>Ethereum Scalability Solutions, Connext and Stakenet | XSN Research
Scalability Solutions
https://medium.com/stakenet/ethereum-scalability-solutions-connext-and-stakenet-xsn-research-4edb29267bb6

>> No.25940906
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25940906

The momentum of the cryptocurrency space has snowballed exponentially over the past decade. Each market cycle to this point has brought a cornucopia of new strides and breakthroughs in blockchain technology. The rapid growth has led to immense profits for an uncountable number of long-term participants.

Adoption continues to spread with increased institutional backing and consumer payment channels. Indeed, all signs point to cryptocurrencies reaching a new plateau on the stage of global commerce. An essential question must be asked at this transitory junction in what appears to be the early stages of another bull market. How far will profit allow the underlying blockchain technology to deviate away from the roots of its essence and justification? There is no better source to reflect upon than the Cypherpunk Manifesto.

That which ages among the best is that which only becomes more biting and significant over time. Originally published by Eric Hughes in March of 1993, the Cypherpunk Manifesto has a short, sweet, and directly to the point message with an especially understated foresight about it that’s decades ahead of its time. It is a must-read for any digital native. It emphasizes the essence of digital privacy, decentralization, censorship-resistance/immutability, and the freedom to remain anonymous at-will. It argues that these principles be made manifest for any form of communication or commerce. Its backbone lies with every individual coder who cherishes the fruits of civil liberties and dares to counter and obsolete the many intrusive and invasive forms of technology with open-source, cryptographically effective solutions for the greater good of society.

>> No.25941054

>>25940864
I like the project, any eta on eth level 2 integration?

>> No.25941257
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25941257

>>25940906
These were the principles that Bitcoin was constructed with and designed to honor. While its inherent technology stays true to this nature (mining aside), the infrastructure that has been built up around it is flawed by design and sacrifices a good number of strengths and freedoms. Most notably are the many vulnerable points of exchange run by central authorities on trust where funds are at risk to be frozen or stolen, KYC (know your customer) policies, and the traceability, restrictions, and risks that come from these two points.

Shortly after BTC found a value that could be directly pegged to the USD (and with the USD, every global currency), a number of exchanges offering trade between the two opened for business. The first of these exchanges was the infamous Mt. Gox which implemented KYC policies by 2011 before exit scamming in early 2014. KYC policies were initially introduced to comply with the many regulations regarding the exchange of various fiat currencies for crypto in addition to demanding a deeper sense of customer accountability. Up until the point that they were introduced, the only sure way it would have been possible to trace specific addresses is if the recipient publicly disclosed their wallet address. KYC brought a considerably more advanced form of traceability with it. In addition to e-mail addresses and bank accounts, everything from names, addresses, full ID info, and pictures of each and every customer became tethered to their respective deposit and withdrawal history. Though somewhat convoluted with the nature of exchange wallets, there are patterns that can be followed and traced.

As BTC continued to grow, so did the number of its forks and competing cryptocurrencies pegged to its value in satoshis. The forks grew to be numerous and with them, the number of centralized C2C exchanges where you could trade them for BTC. Like the fiat-to-crypto exchange points before them, KYC was implemented on numerous C2C exchanges as well.

>> No.25941831
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25941831

>>25940906
>>25941257
Centralized exchanges of all sorts are perhaps the weakest link in entire cryptocurrency space. They have repeatedly proven to be weak in terms of security. This year alone, the following exchanges have been compromised: Binance, Bithumb, Coinbene, Coinbin, Cryptopia, and QuadrigaCX. What’s worse, they’ve sacrificed many of the core principles of the cypherpunks that built Bitcoin in the first place.

How can crypto be censorship-resistant and immutable if exchanges can decide to freeze funds or put a certain wallet into maintenance at whim? How can it be private if every account has every bit of trade, deposit, and withdrawal history it has done tethered to its name? How can it be anonymous at-will if full documentation is demanded, sometimes as a ransom for frozen funds? How can it be secure when billions of dollars have been hijacked from weak security? It could be argued that these exchanges are the antithesis of the cypherpunks: an easily-exploitable honeypot of funds and user data with a central authority.

>> No.25942066
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25942066

>>25940906
>>25941257
>>25941831
Consider the efforts of the X9 Developers building Stakenet. True to the nature of the cypherpunks, they have been working to make these numerous vulnerabilities in the cryptocurrency infrastructure obsolete. To strengthen censorship-resistance and decentralization in this space, they have been implementing an immutable and purely decentralized exchange into their network where no central authority can freeze funds, where exit scamming is impossible, and where security is as tight as the blockchain technology it runs atop. To restore the principle of at-will anonymity, their immutable DEX will have no KYC, nor will it require registered accounts. In the interests of privacy, they have built a solution that allows for one-click TOR lightning swaps that strengthen the privacy of every participating coin and the Lightning Network itself. To strengthen the nature of the decentralized exchanges that are already out there, they are working on a DEX aggregator that pools together the offerings of many promising DEXes suffering from low volume or difficulty of use.

>> No.25942134
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25942134

>>25940906
>>25941257
>>25941831
>>25942066
Put briefly, this team has the foresight and skill to acknowledge and address the numerous risks and shortcomings that anyone coin may face the second it is sent from a private wallet to any other point in trust. They are compounding these solutions into one streamlined and convenient wallet where funds are firmly secured, trustlessly staked, and instantly tradable from one singular point.

To build up the world of cryptocurrency is to honor the ways of the cypherpunks and carry on their torch. It is to fight for freedom from the intrusiveness and corruption of centralized authorities by obsoleting them. It is preserving the privacy of funds, resisting mutability, and decentralizing any and everything which stands to benefit from it. Whether that be a store of value, the means by which that value is secured and traded, or the platforms on which these mechanisms are discussed. This era of mass-censorship, intrusiveness, digital balkanization, and monopolies from many of the premier digital spaces not only shows how right they were 26 years ago but that there is still a considerable amount of work to do.

>> No.25942245
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25942245

>>25941054
Please refer to the latest development update in the OP.

Connext mainnet is ready and will be launching soon. It is being integrated into the stakenet MCLW(multi coin light wallet) which means ERC-20 tokens will be able to be stored on the wallet and traded on the DEX.

The launch date announcement for the Stakenet wallet(of which the DEX will be accessible) will be this month. Most of us are expecting to see a live DEX by the end of march at the latest.

>> No.25942432
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25942432

(X) I know DEFI is the entire purpose of crypto. Its why btc was created. So we can be our own bank.

(X) I know BTC did not succeed because it didn't scale and for btc to succeed now it requires lightning network. For similar reasons, I know for eth to succeed, connext is required.

(X) I know a DEX with atomic swaps is too slow to be commercially feasible. A lightning and connext dex is required.

(X) I know people are fearful of trading on CEX due to situations like Cryptopia and Quadriga.

(X) I know XSN is the only project with a true dex integrating lightning and connext. It will allow people to trade peer to peer directly from their computer. They always hold their coin. Never transfer to an exchange.

(X) I know XSN has an actual working product available for public beta testing, and full launch date being announced this month

(X) I know XSN is not a project that talks. They just do. I don't have to worry about an exit scam.

(X) I know XSN masternodes will process transactions on the dex and will receive the fees.

If all of the above are true, my masternodes will buy me a fucking nice big boat and I will never wagecuck again.

>> No.25942553

If Bitcoin begins to soar again, it's going to need a powerful Lightning solution or it will quickly become lethargic and expensive to send money with.
On-chain tx bandwidth needs to be ruthlessly optimized with priority to large sums of money. Sending $1 million? Do it on-chain and screw the fees. Buying a beer? Lightning.

If done right, Lightning channels can handle the heavy load of small, irrelevant txs, freeing up the pipeline for tx that genuinely need the benefits of on-chain.

For Lightning nodes to do this effectively, they need liquidity. That source of liquidity remains a subject of controversy, and rightly so.
It burdens the end-user to provide their own liquidity in a way that's inconvenient and hardly profitable, which beckons centralization on a massive scale.
In other words, you either have something that's decentralized and doesn't work, or something that's extremely centralized and works well. 1000s of water pumps atop 1000s of drying and shallow wells that can't provide liquidity, or a massive water company that's monopolized the water supply. It could turn a desert green, but it could become corrupt and start ripping off the town.

What's the way forward? You can't change how LN was implemented on Bitcoin, but you can work with it independently.

Masternodes are excellent LN routers, namely because they're
>secure
>run 24/7
>evenly spread out all over the world
>provide collateral - "Alice and Bob" only have to worry about securing their wallets and making good backups

If you put an entire masternode network to the task of doing this, you get heavy collateral that provides serious liquidity for small off-chain Bitcoin tx.

tl;dr - LN flows like liquid, and your options to scale liquidity are
>1000 pumps on 1000 shallow wells
>a water company that holds the town hostage
>a deep underground water reserve that's in one pool, possessed by no one, directly accessible from the surface

This is what Stakenet has been building, /biz/. Don't miss out.

>> No.25942945
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25942945

>Stakelords
>assemble

>> No.25943035

>>25942945
>Stakelords

Cringe. It's Stakeholders. We are literally Stakeholders in the infrastructure that will seamlessly connect each and every Blockchain.

>> No.25943083
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25943083

>>25942432
>fucking nice big boat

>> No.25943172
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25943172

>>25943035
>Stakeholders
That's fucking cringe, normie tier. I prefer Stakeneets.

>> No.25943285

FUDERS ON SUICIDE WATCH
BLOCKNET BAGHOLDERS ON SUICIDE WATCH
BINANCE ON SUICIDE WATCH

>> No.25943323
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25943323

>>25943285
>Pic related

>> No.25943381

>>25943285
>15 replies
>12 posts by this id
draper on suicide watch

>> No.25943671

>>25943381
Thanks for the bump

>> No.25943812
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25943812

I don't follow Twitter bullshit so I don't know who this fag is, but he just shilled XSN. Starting to finally get main stream exposure.

>> No.25944116

>>25943812
He's one of the BIGGEST Crypto YouTubers out there..

>> No.25944233
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25944233

>>25944116
I wonder why he had in interest in that particular partnership all of a sudden? Imagine being passionate about crypto and not knowing about XSN...

>> No.25944306

>>25944233
Well, imagine if Vitalik mentions us, as Stakenet literally built what he's describing there.
Insta moon

>> No.25944405

>>25944306
Thing is, there was someone named Vitalik.Eth or something that joined the discord looking for a dev to talk with, a few months back, upon which Draper answered him that they would speak directly. Nothing seems to have come out of it though. Who knows.

>> No.25944845
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25944845

>>25944306
It's inevitable.

>> No.25945050
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25945050

>> No.25945066 [DELETED] 
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25945066

Watch and lrn in 30 seconds why XSN is going revolutionize cryptocurrency. In you arnt in now you’re ngmi
https://youtube.com/watch?v=AJKMxra-BXM&feature=youtu.be [Open]

>> No.25945175
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25945175

Watch and lrn in 30 seconds why XSN is going revolutionize cryptocurrency or you’re ngmi
https://youtube.com/watch?v=AJKMxra-BXM&feature=youtu.be

>> No.25945790

where the fuck do I buy this shit?
not listed on bitfinex (yet)
eu trash whitebit only accepts trades with USDT

trying to toss some big money at this

>> No.25945871

>>25945790
You bite the bullet and buy on whitebit, or wait for bitfinex and buy at $1+.

>> No.25946009

>>25945871
no btc pairing... have to buy some shitcoin with my btc, sell the shitcoin immediately for usdt and then finally buy xsn...

>> No.25946015

>>25945790
Stakecube
Coinall

>> No.25946063

>>25940864
>18/29 posts
Holy shit just neck already

>> No.25946272

>>25946063
Thanks for the bump

>> No.25946533
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25946533

>>25943172
I second StakeNeets

>> No.25946576

>>25946063
sir he is the hero we need

>> No.25946765

aight someone give me the fud on this

>> No.25946782
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25946782

>A network is defined as a system consisting of many similar parts that
are connected.
>A stake is defined as a vital interest in a business or its activities.
>A stakeholder is any person or society at large that has an internal or external stake in the vision and mission of a business.

Thus, anyone who is actively or passively influenced by the activities of cryptocurrencies becomes a stakeholder of the blockchain economy. This includes ownership and holding of coins, property and legal interests, economic and social
dependencies, developer and community activity, and any other crypto related work or interest. That way, cryptocurrency stakeholders:
>Affect the blockchain economy.
>Are affected by the blockchain economy.
>Be both affected the blockchain economy and affect the blockchain economy.

Putting all this together, we can start to see the vision Stakenet is pursuing. A technical architecture to connect all the stakeholders of the blockchain economy into one giant network - the Stakenet.

>> No.25947046

>>25946533
we r SNenX

hiss hiss

>> No.25947670

>>25947046
You a SNEX bagholder?

>> No.25947798

>>25947670
No, 1 man chad here. First time reading the pasta at the top. I’m ready for the futures.

LETS GO STAKENEETS

>> No.25947817

no more wage cucking

>> No.25948075

>>25947798
1 MN is good.. that's a tonne of money right now, nice.

I'm just staking thinkg i'm gonna make it too

>> No.25948438

>>25942066
Checked.
>>25942245
Based.

>> No.25948486

>>25946009
>Transfer btc to white bit
>Trade btc for usdt
> Buy xsn with usdt
Is this not possible for you?

>> No.25948521

>>25942945
Cringe. Stakelords is reddit tier.
Stakeholders is normie tier
>>25946533
Checked. Stakeneets is /biz/ tier.

>> No.25948522

when 1$ per stakie

>> No.25948814

>>25948522
it's at 47c now, so soon?

>> No.25948844

>>25948521
kk

StakeNEETs biz approved

>> No.25949082

just bought enough for a MN.
Even with bootstrap, syncing the wallet is taking hours on 1Gbps.

>> No.25949567

>>25948522
Checked. $1 EOM for sure

>>25949082
Welcome aboard

>> No.25949716

>>25949082
Do you have many connections? Any firewall issues?

Are lots of peers being banned?

That happened to me, and for some reason it just stopped being an issue with the latest wallet.

They should really do an updated bootstrap

>> No.25949784

>>25949082
>>25949716
Let the Devs know in the discord. They will look into it immediately. Anytime someone in the community raises an issue I have seen them solve it near instantly.

>> No.25949808

>>25949784
I've asked for an updated bootstrap. While should fix this most quickly.

>> No.25950279

>>25944233
Please, I am so close to buying into this project.
But I am brianlet and scared of losing my money.
Explain, as you would to a literal retard, exactly what XSN have ALREADY accomplished or are PROVABLY CLOSE TO accomplishing, and how unique these things are. Is there anybody who has done what XSN claims to have done? Is this stuff really as revolutionary as you guys are making it out to be? I'm literally considering going all in on this fucking coin, I wanna make it so bad bros

>> No.25950350

>>25950279
There is always risk.

What is key about XSN is they solve a clearn problem (Dex) which is bottlenecked (L1 i.e. uniswap), and that they have a working product (you can test).

Others have now added these to their development plans, as they belatedly realised how important it is. They are years behind.

People call Opendex competition, it just isn't. It's a mess.

Try the dex, nderstand you want to find high reward vs the risk plays, and that this is, in my view, one of them.

Go on discord, do some research and buy if you like what you see. If you go in and beta test the dex tommorow it should be fine. Bitfinex is Monday.

>> No.25950569

>>25950279
Mate I've just posted a shit tonne of resources in the OP and there are several posts ITT explaining EXACTLY what it is they are doing and have already done... Go to the discord and get your hands on the beta DEX so you can see it for yourself

Read the whitepaper, which isnt very long, and form your opinion.

Ask yourself; would bitfinex list a scam? Would dukdao partner with a scam?

I can only lead you to the fresh water, you have to drink it yourself.

>> No.25950761

>>25950569
>would bitfinex list a scam?
why would they list what appears to be an existential threat to their entire business model?

>> No.25950951

>>25950761
Binance listed Unidex and other Dex tokens.

$$$$ is $$$$.

>> No.25951314

I dropped 1k. Fuck it.
Not a fan on whitebit but hopefully I can get it off this garbage

>> No.25951455

>>25951314
you can move it to your Ledger if you have one. you'll have to install the XSN app on Ledger Live first

>> No.25951746

>>25951314
Welcome to the StakeNeet club.

But do read some of the stuff posted, try the Dex...

Make sure you're happy with what you invested in.

>> No.25951857

>>25951314
Based.

>> No.25951989
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25951989

>>25950761
That's a great question. I can think of many answers, but it's all speculation. I doubt we'll ever know for sure.

My best bet is simply that they are an exchange, and they make money when people buy and sell on their exchange. They see XSN as likely having high volume, and they want in on the action.

Binance are the least likely to list something like XSN because they are the least capable of adapting. Chinks are not capable of innovating or creating anything themselves. Pic related. CZ fears the Stakeholder.

>> No.25952153

>>25951314
Based and welcome aboard. Remember to read all the resources in the OP so you truly understand what you're getting into, and the value of what it is your holding.

>> No.25952486

>>25950761
If bitfinex partners with Stakenet and runs a hub think about how much money they will make. I expect other big Cexs to bend the knee eventually.

>> No.25952533

>>25951989
Is XSN the only project that has a working lightning/ l2 dex solution? Why has nobody implemented this before, what stands in the way of other people doing this?
Also, it seems to me like the real value would be a BTC<->Eth DEX, I know that's what they are working on but do we have any proof outside of their promo video that they are close to achieving this? Has anybody else achieved this? Where does XSN stand compard to everyone else?

>> No.25952766

>>25952533
>Is XSN the only project that has a working lightning/ l2 dex solution?
Yes.
>Why has nobody implemented this before, what stands in the way of other people doing this?
Because it's all brand new tech and new tech is hard and big cexs are lazy as fuck and even a dex so. Consider that stakenet has been working on this for nearly 3 years.
>do we have any proof outside of their promo video that they are close to achieving this?
The old raiden clips should a working btc-eth pair. They are testing currently in private groups. Once it comes to the closed beta you will see for yourself.
>Has anybody else achieved this?
No
>Where does XSN stand compared to everyone else?
3 years ahead with brand new tech they made themselves.

>> No.25953109

>>25950761
They realized what's going to happen and that they can't compete in the long run. So they joined them.
Lot's of other cexes will follow suite to get a piece of the money Stakenet will generate.
Just look at all the validator nodes cexes run for a lot of the top blockchains because they're reasonably well trusted by the communities

>> No.25953297

>>25950761

Because the exchanges can run their own hub on our dex and collect a majority of the trading fees. We are happy cause they are bringing volume to use and they happy cause they get to shift to the lightning network and still make money off of their trading volume through. You'll be able to select their exchange from a drop down menu in our wallet is what I'm assuming.

>> No.25953420

>>25952533
>Is XSN the only project that has a working lightning/ l2 dex solution?
Yes. Try find another one.
>Why has nobody implemented this before, what stands in the way of other people doing this?
Because innovation is fucking hard. Look at how long it's taken the team to get to this point. All we have to do is throw money at it. They have to grind day in, night out.
>Also, it seems to me like the real value would be a BTC<->Eth DEX, I know that's what they are working on but do we have any proof outside of their promo video that they are close to achieving this? Has anybody else achieved this? Where does XSN stand compard to everyone else?
Nobody else is remotely close to the progress XSN is making and has made so far. Connext are launching their Mainnet and this is being integrated Into the Stakenet wallet as we speak. Stakenet truly has the first mover advantage, and their 10 steps ahead of everyone else.

>> No.25954060
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25954060

Thoughts on pic related?

>> No.25954183

>>25953420
But why oes the stakenet chain even have to exist? This is what I am failing to understand. The real power behind this idea is connext/ lightning, that is where the innovation is. I struggle to understand what it is that XSN actually brings to the table.
Why can't uniswap integrate connext on day 1 of their launch and just smother XSN before it ever even takes off? Or any other DEX?

>> No.25954304

>>25954183
For stage 3, Hydra, the DEX is offloaded to masternodes that operate the blockchain.

>> No.25954335

>>25954183
Masternodes are now useful. They host the blockchaim + the dex (currently as a dex hub).

>> No.25955133

>>25954183
that's just the DEX portion. They will have other items in their ecosystem also. You will need to own XSN to earn fees from providing the services of MNs

>> No.25955685

>>25954183
>Why can't uniswap integrate connext

Uniswap is an Ethereum DEX. It already has ERC-20 capabilities, but because it's on the Ethereum Blockchain it is LIMITED to just that Blockchain, and it's tokens.

Stakenet DEX is on the Stakenet Blockchain, but it has been built from the ground up to have interconnectability to ALL Blockchains. This is the value proposition here, and this is what you're missing. You will be able to seamlessly exchange say bitcoin, for ERC-20 tokens.

Stakenet will be a Blockchain HUB so to speak, where every blockchain can connect itself into and become part of the greater crypto ecosystem.

Bitcoin and Ethereum are the two biggest and most important established Blockchains right now, and we havent had any means of connecting between the two. Until now. The DEX will launch most likely by the end of march and will become one of the most important pieces of infrastructure in the blockchain economy.

READ THE WHITEPAPER.

>> No.25956202

Guys I think I see what is happening. Binance fucked up with their dex and can’t change it heavily enough to compete at this point without starting from scratch with BNB. Bitfinex has no DEX and instead decided to use XSN as their DEX. If the rumours are true about a partnership then this is the logical conclusion that Bitfinex will use XSN DEX as their entry into the DEX game.

>> No.25956224

>>25940864
Is one MN enough to make it? I could kick myself for not buying one month ago, but the fudders got to me.

>> No.25956291

>>25955685
Based. Good info.

>> No.25956318

>>25956224
1 node has always been a suicide stack. 3 nodes is a make it stack.

>> No.25956565
File: 104 KB, 606x800, 715.jpg [View same] [iqdb] [saucenao] [google]
25956565

>>25942066
>>25944233
>>25946533
>>25948522
>>25948844
>>25951455
>>25952533
>>25952766
>>25955133

>Checked

Blocucks and fudders on suicide watch

>> No.25956595
File: 55 KB, 653x300, 1D045A86-3D18-4CC3-BDE2-167E56FC2B48.jpg [View same] [iqdb] [saucenao] [google]
25956595

>>25956565
> pic related

>> No.25956685

>>25956318
1 MN has always been make it stack.. in the long term.

The more MN you have, the quicker you'll make it though.

>> No.25956703

>>25947046
Xsneks

>> No.25956950

>>25954060
Are there any low mccap coins that actually have leveraged trading?

>> No.25957086

>>25956703
Xsnekeks

>> No.25957232
File: 347 KB, 800x670, 1595077875362.png [View same] [iqdb] [saucenao] [google]
25957232

WE ARE THE FUTURE CYPHERPUNK MONEY LAUNDERING CRYPTO CARTEL BARONS

>> No.25957284
File: 17 KB, 249x243, 1610449464907.jpg [View same] [iqdb] [saucenao] [google]
25957284

>>25957232

You can only say stuff like that after hydra, Don't be stupid boi.

>> No.25957310
File: 36 KB, 800x450, pathetic.jpg [View same] [iqdb] [saucenao] [google]
25957310

>>25956224
>but the fudders got to me.

>> No.25957683
File: 235 KB, 1276x1038, 1610378450948.jpg [View same] [iqdb] [saucenao] [google]
25957683

>>25956224
>but the fudders got to me.

I tried to save you.

>> No.25958028

>>25946533
checked
>>25956224
anon, I..

>> No.25958318

>>25946533
>>25948844
The Dubs has decided
StakeNeets is final

>> No.25958436
File: 3.44 MB, 2048x1304, comfortable.png [View same] [iqdb] [saucenao] [google]
25958436

>>25958318

>> No.25958971

>>25958318
>>25958436
Based

>> No.25958978
File: 130 KB, 545x472, comfyxsn.jpg [View same] [iqdb] [saucenao] [google]
25958978

>>25958436
>$0.50

So comfy.

>> No.25959443
File: 181 KB, 1080x1542, IMG_20210114_193416.jpg [View same] [iqdb] [saucenao] [google]
25959443

FUDERS ARE YOU OK?

ARE YOU OK FUDERS?

WILL YOU TELL US IF YOUR OK?

>> No.25959466

>>25959443
53 cents now

>> No.25959503

>>25959466
Imagine when there's real price discovery and this thing actually becomes discovered by the investing public and not just /biz/ autists

>> No.25959522

>>25959503
That's why sub $1 is still cheap. This is the last chance for cheap stakies EVER. Bitfinex goes live on the 19th.

>> No.25959603
File: 974 KB, 2000x2000, 1594982602022.jpg [View same] [iqdb] [saucenao] [google]
25959603

>>25959443
https://www.youtube.com/watch?v=CDl9ZMfj6aE

>> No.25959827
File: 115 KB, 466x512, 1603711240982.png [View same] [iqdb] [saucenao] [google]
25959827

>>25959603
HE CAME INTO /XSN/
HE TYPED 'SOON'
HIS FUD WAS STRUCK DOWN
IT WAS HIS DOOM

FUDER ARE YOU OK?

WILL YOU TELL US IF YOUR OK?

>> No.25959865

>>25959522
Checked.

>>25959827
Kek. Someone make a MJ xsn Pepe

>> No.25959933
File: 13 KB, 225x225, 1535418273971.jpg [View same] [iqdb] [saucenao] [google]
25959933

>>25959503
The ambitious autists always win. Feels fucking good man. Let the retards wage-slave their lives away while the autistic neets rise in the shadows.

>> No.25959935

>>25959827
Based and kek.

>> No.25959957

>>25959466
>>25959522
>>25959933
Checked, we are all gonna make it.

>> No.25960002

>>25959933
Checked and based, wagies will never understand checking your masternode rewards drunk at 4 am

>> No.25960150
File: 250 KB, 652x946, 1594771282628.png [View same] [iqdb] [saucenao] [google]
25960150

>>25959933
Checked.

>> No.25960177

>$0.54

$1 EOM is a certainty. But i dont give a fuck what the price is, because i know we will be a top 20 coin upon release of the DEX.

>> No.25960218

>>25957232
delete this.

>> No.25960243

>>25960177
CHECKED.

it's fucking genuinly happening. I can feel it. This is some Chainlink tier meme magic shit.

>> No.25960309
File: 502 KB, 572x370, 1601323177824.png [View same] [iqdb] [saucenao] [google]
25960309

>>25960177
Checked, extremely based and truth-pilled. We're going to fucking rule the fucking crypto-world from behind the curtains. When you realize this, even a 10x seems like a drop in the ocean.

>> No.25960355
File: 198 KB, 964x1256, linkrank1xsnrank2.png [View same] [iqdb] [saucenao] [google]
25960355

>>25960243
LINK RANK 1
XSN RANK 2

>> No.25960406
File: 77 KB, 474x719, 1594640513491.jpg [View same] [iqdb] [saucenao] [google]
25960406

>>25960355
Checked.

>> No.25960467
File: 157 KB, 456x597, 1608815194420.jpg [View same] [iqdb] [saucenao] [google]
25960467

>>25959522
>>25959933
>>25960177
>>25960355

>CHECK CHECK CHECK CHECK CHECKK

>> No.25960577

It's about to break its last high from last summer. After that ATH and then road to 15$ IT'S HAPPENEEEEENG

>> No.25960626

>>25960577
ATH FOR XSN IS ONLY 88CENTS

>> No.25960715
File: 156 KB, 677x426, 1595335042815.jpg [View same] [iqdb] [saucenao] [google]
25960715

>>25960355
>>25960577
CHECKED

WGMI

>> No.25960898

I can't believe it got listed on Bitfinex, I totally forgot about my XSN stack

>> No.25960909
File: 745 B, 42x29, Screenshot_3.png [View same] [iqdb] [saucenao] [google]
25960909

PANIC SELL PANIC SELL PANIC SELL PANIC SELL PANIC SELL PANIC SELL PANIC SELL
for real tho should I invest more even after the POOMP?

>> No.25960999

112 stakies tell it to me straight will i make it? iam poorfag

>> No.25961066

>>25960999
well according to your numbers, even a 3 digit stack of XSN is enough to make it.

>> No.25961090

>>25961066
well according to those trips it might just be >>25960999

>> No.25961096
File: 79 KB, 225x225, previously chuck&#039;s.png [View same] [iqdb] [saucenao] [google]
25961096

>>25960577
>>25960999
>>25961066
checked

>> No.25961104

>>25960909
It's always risky to jump into an upward trend. My honest feeling is that soon enough anything under $1 will have felt like a steal, though.

>> No.25961360

>>25960999
how does 1.12 billion sound

>> No.25961662

Can't believe masternode shit coins are still a thing

>> No.25961715
File: 1018 KB, 827x676, xsnboo.png [View same] [iqdb] [saucenao] [google]
25961715

>>25961662
>a wild mcfuddster appears

You just missed the train. Better luck next time..

>> No.25961761
File: 53 KB, 680x635, 1594396498044.jpg [View same] [iqdb] [saucenao] [google]
25961761

>>25961662
Shoo shoo maggot CZ. Prepare to get your ass blown the fuck out by the Stakenet DEX + Bitfinex ultra combo. How will you ever be able to recover?

>> No.25961837

>>25961662
thanks for the bump

>> No.25961904
File: 984 KB, 604x1138, jannies_man.png [View same] [iqdb] [saucenao] [google]
25961904

>>25961761
(he can't)
too many hot pockets on the line

>> No.25962148

>>25960177
Checked and based. $1 is nothing for this coin.
Masternode holders will ascend to another plane of financial wealth.

>> No.25962635

>>25944845
Inflation will be terrible. If masternode owners get 225k DEX fees and 200k block rewards they might sell 400k a day while only 25k gets burned and 250k gets market bought. That leaves you with a sell pressure of 150k a day

>> No.25962956

>>25962635
Nah, you forget that the 200k DEX fees would be bought from the DEX too, creating a buy pressure before said sell pressure. Don't worry, I'm sure we'll find a good equilibrium with these tokenomics in time, and according to the DEFI market.

>> No.25963021

>>25962635
Dex burnings come in Hyda (i think). By that time we will burn more than we earn. Supply goes down.

>> No.25963093

blockkek?

More like blockpoor

>> No.25963272

>>25962956
No I accounted for that.

>> No.25963898

>>25963272
Inflation isn't a worry, no more than inlfation is a worry for ETH. there are built in deflationary mechanisms like the buy-backs and burning. dont have it on me but someones done the math and it ranges from slightly deflationary to slightly inflationary. will try and find the post in the archives or just pull it from the whitepaper/discord

>> No.25964366

>>25963021
perhabs way earlier because they can just use vortex to market buy with dex fees and send them to a burn address

>> No.25964425

>>25940864
kek enjoy your unlimited supply token

>> No.25964458

>>25964425
thanks for the bump

>> No.25964608

>>25964425
You had three years.

>> No.25965039

I want 1 dollar

>> No.25965184
File: 140 KB, 750x1334, 138512EB-B710-4921-A16C-42D26BE64CF5.png [View same] [iqdb] [saucenao] [google]
25965184

Fellow 1 mn chad here. We’re gonna make it.

>> No.25965392
File: 19 KB, 678x585, 1597128235590.png [View same] [iqdb] [saucenao] [google]
25965392

>>25965184
based.

>> No.25965772

Just reactivated my MN after it being offline for a few months and just bought another MN.
Did anything change with setting up Masternodes after the last update or is it still the same with the Stakenet cloud etc

>> No.25966149

>>25965772
Same shit ad always.

>> No.25966208

>>25965772
same, but now takes like 8 days to start getting rewards

>> No.25966575

>>25965772
>>25966149

I recently bought enough for a MN. is everyone just hosting it on that cloud site? are we not worried about not owning our own private keys anymore at that point? I don't feel good about that

>> No.25966666

>>25966575
You keep owning the private keys, because the collateral stays in your core wallet on your pc. The only thign the cloud does for you is to setup up the vps and you just need 150 xsn on the cloud to pay the hosting fees of 4.5$/month

>> No.25966753

>>25966666
thanks for the info

>> No.25967285

>>25966575
You're in control of your own private keys at all times, they just the the VPS for you, and maintain and keep it updated. It's actually really convenient and easy.
Also, you can pay for it using XSN. $0.16/node per day. Which with the current XSN price is nothing versus the rewards coming in!

>> No.25967355
File: 25 KB, 200x200, xsn_stakenet_lightning_electricty_logo_transparent_oc.png [View same] [iqdb] [saucenao] [google]
25967355

Master node stakeneet reporting in...

>> No.25967440
File: 130 KB, 680x778, 1584634865927.jpg [View same] [iqdb] [saucenao] [google]
25967440

>>25966666
C-C-CHECKED HOLY FUCKING SHIT.

>> No.25967498

>>25967285
yep,I have 160 XSN coming in per month per node and like 9 XSN costs via MNaaS. Love that

>> No.25967531
File: 41 KB, 640x700, 1608113582306.jpg [View same] [iqdb] [saucenao] [google]
25967531

>>25966666
Checked.

>> No.25967758

>>25967355
>>25966666
>those evil quints
checked

>> No.25967780

>>25967285
I guess you have to keep your desktop wallet running do you?

>> No.25967937

>>25967780
No you don't. Turn off your computer, no issues.

>> No.25967996

>>25967937
passive income without even needing to have your PC on. Can this shit get any better.

>> No.25968037

>>25940864
Okay so my issue here is exactly how the hell the feeds work. So for starters, the fees are apparently paid mainly to nodes and each node is supposed to support the network by processing transactions. However, you yourself have to provide two different cryptos in order to even process that transaction. So lets say we do expect XSN to receive more use. Well we'll still need to provide btc and eth ourselves, and we if we don't that means we're just fucked? We just get no fees?

>> No.25968129
File: 86 KB, 1433x978, brave_2020-07-07_11-31-40.png [View same] [iqdb] [saucenao] [google]
25968129

>>25967996
Yes

>> No.25968146
File: 134 KB, 828x964, 4937170B-AE14-47CC-BB5F-9CA6502EC385.jpg [View same] [iqdb] [saucenao] [google]
25968146

>stakelet reporting in
i remember buying into this because I wanted to get into crypto and the project they’re working on makes so much sense. I bought in during the summer and forgot about it, wanted to get a MN but couldn’t afford it, i wish i added more when it was hovering around .11 but oh well, i’m here to ride this wave out.

>> No.25968167
File: 106 KB, 946x1024, 1610243056226.jpg [View same] [iqdb] [saucenao] [google]
25968167

/zgdw28mh
/tvn7xbkq
some xlm and COMP for you niggers on goybase

>> No.25968182
File: 195 KB, 798x770, 1551027974150.jpg [View same] [iqdb] [saucenao] [google]
25968182

just market bought another MN

>> No.25968217
File: 2.07 MB, 1329x1429, 1594117143409.png [View same] [iqdb] [saucenao] [google]
25968217

>>25968182
Unequivocally based.

>> No.25968220
File: 16 KB, 554x554, 1609840953662.png [View same] [iqdb] [saucenao] [google]
25968220

>>25968037
>Okay so my issue here is exactly how the hell the feeds work. So for starters, the fees are apparently paid mainly to nodes and each node is supposed to support the network by processing transactions. However, you yourself have to provide two different cryptos in order to even process that transaction. So lets say we do expect XSN to receive more use. Well we'll still need to provide btc and eth ourselves, and we if we don't that means we're just fucked? We just get no fees?

>> No.25968235

>>25968182
nice 59c :)

>> No.25968306

I can't believe just a couple of weeks ago I was hesitant on having to spend £1,500 to get a MN.

>> No.25968310

>>25968129
They are some chad numbers there anon. Congrats. YGMI

>> No.25968355
File: 620 KB, 680x680, 1571597034873.png [View same] [iqdb] [saucenao] [google]
25968355

>>25968146
>>25968182
based

>> No.25968361

>>25968306
Gotta take risks to get anywhere here in life. Good job.

>> No.25968438

>>25968037
this is correct. Masternodes will earn other fees through LN and other dApps. But unless you're providing liquidity, you're not gonna be earning the big fees

>> No.25968833

>>25968037
>>25968438
masternodes will be able to use their collateral for liquidity pairs and it will ofc be possible to add further liquidity to that. So via utilizing the collateral even poor fags will be able to take part in earning big

>> No.25968837
File: 550 KB, 822x777, 4B65FF05-A381-41BD-80FE-36B48D4684B4.png [View same] [iqdb] [saucenao] [google]
25968837

>>25963093
More like blockcuck

>> No.25968859

>>25968220
MN's also host the order book and confirm transactions, and there is liquidity on Connext and Lighting to use

>> No.25969183

>>25968837
rekt

>> No.25970029

>>25968182
This guy fucks and is already in profit