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/biz/ - Business & Finance

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29389847 No.29389847 [Reply] [Original]

https://medium.com/stakenet/stakenet-dex-usecase-strategy-overview-162f844651a4

>DEXs will become the new industry standard for crypto trading and attain the dominant market share of trading volume crypto-wide, but only with the following improvements. DEXs must first:

>1. Coordinate high frequency, cross-chain bot trades effectively and with zero downtime.
>2. Settle trades instantly, ideally with a success rate >99.9%.
>3. Offer an experience that is better or, at minimum, comparable to the Centralised Exchanges in terms of ease of use, speed of deposits/withdrawals, and heavy liquidity.
>4. Execute cross-chain trades between multiple blockchains with native assets as opposed to wrapped assets. Native interoperability (i.e. Bitcoin/Ethereum) and code agnostic frameworks are ultimately the way forward. Wrapped assets and DEXs built towards codependence are stopgap solutions.

>All four of these principles are critical for attracting market makers. Combined, they lead to an ecosystem with drastically reduced operating overheads and aggressively-competitive incentives for both makers and takers.

>X9 devs have built an exchange that successfully honors every one of the requirements listed above.

>The Stakenet DEX will undoubtedly be a first of its kind. It has been precisely designed for high-frequency bot trading, and it’s coupled with a decentralized, lightning-speed, almost feeless (no blockchain transaction fees on Lightning or Connext) exchange built on Layer 2 – a solution which is urgently needed. The first version of the DEX will be launched soon to the public.

>> No.29390017
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29390017

Recommend reading the entire article. There's are lot of good stuff in there.

>> No.29390103

>>29389847
>>29390017
Thanks for the hopium. Dex release will be bullish as fuck.

>> No.29390175

>>29389847
If the dex was released then the market would have crashed this morning with everyone selling

>> No.29390202
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29390202

>>29389847
>The first version of the DEX will be launched soon

>soon

LOL. As per usual. That "Soon" is always following Stinknet wherever it goes.

>> No.29390808

>>29390175
>>29390202
Article is extremely bullish. Iykyk

>> No.29391113

>>29390808
Doesn't seem like it to me. Once again there is still no release date. As we've seen with these devs before, "soon" can mean literally months/years away.

>> No.29391265

>>29391113
>Liquidity providers confirmed
Doesn't matter when soon. Dex release we explode upwards.

>> No.29391313

>>29391113
This
Expect full dex release no earlier than 2025

>> No.29391490

>>29391313
>2025 release date fud
This fud only makes me more Bullish.

>> No.29391689

>>29389847
>The Stakenet DEX will undoubtedly be a first of its kind

at the rate they are going no it won't. ETH 3.0 will have launched, Elon Musk will have colonized Mars and Emperor Trump will have hanged all the traitors from construction cranes.

>> No.29392946

Boxmining:

"I've heard a lot about stakenet, but I haven't entered if that answers your question."

>> No.29393163

https://youtu.be/-6AnWoqx0Xk

>>29392946

>> No.29393216

>>29391490
You must be a Stakenet newfag then. They've been saying "soon" for two years now. And they're still not even close to being finished.
Instead of just saying "soon" they could be more specific on what's holding them back, what still need to be done before it's ready for release, etc.
But we're obviously in it for the long haul so get your buy orders ready at $0.15. It's going to be another rough year holding this.

>> No.29393661

>>29389847
PCG Poverty Coin General
XSN schizos are the new XRP schizos

>> No.29395007

>>29393163
timestamp?

>> No.29396093

>>29393216
xsn devs need to stop with the "soon" bullshit. they keep that up and they deserve to fail.

>> No.29396374

>>29396093
They saw the price dipping. They had to shit out an "announcement" and make new promises again, although they couldn't help themselves by adding in their trademark "soon" in there.