/biz/ - Business & Finance

>>27241578
It's well on its way, we've had a beta working for a while now, devs have been hard at work to integrate Connext and the simple swap GUI, two of the most essential parts for adoption.
See pic related. I recommend reading their latest 3~5 medium articles for current status.

Also this is their newest promo showcasing their erc-20 <-> btc lightning <-> connext atomic swap (intentionally over the top of course).
https://www.youtube.com/watch?v=AJKMxra-BXM

And yes, you can download the beta dex from here: https://medium.com/stakenet/stakenet-dex-open-beta-dd5c78175608

>>24805118
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.

It's beginning, public beta, wETH lightning swap proof of concept. Raiden integration on it's way, allowing for ERC-tokens to be integrated and traded on the DEX. Good coins like XMR are starting to implement lightning network, allowing them to be integrated into the dex.
The future is bright faggots, and you'll be kicking yourself in a years time if you don't get the fuck in while you still can. The vision is there, the tech is there, the team is there, the product is there, and the hype will follow, just like with BTC, ETH, and LINK. OG /biz/ knows, which is why the FUD is so insane. Ask yourself this, would someone who's not invested spend hours upon hours fudding a coin because it was fun and to "save their fellow bizlets"? Of course not, don't be naive.

https://streamable.com/lb3quc

FUD'ers were trying to shit on the swap UI yesterday lmao

It's beginning, public beta, wETH lightning swap proof of concept. Raiden integration on it's way, allowing for ERC-tokens to be integrated and traded on the DEX. Good coins like XMR are starting to implement lightning network, allowing them to be integrated into the dex.
The future is bright faggots, and you'll be kicking yourself in a years time if you don't get the fuck in while you still can. The vision is there, the tech is there, the team is there, the product is there, and the hype will follow, just like with BTC, ETH, and LINK. OG /biz/ knows, which is why the FUD is so insane. Ask yourself this, would someone who's not invested spend hours upon hours fudding a coin because it was fun and to "save their fellow bizlets"? Of course not, don't be naive.

https://streamable.com/lb3quc

>>23640182
Ah gotcha. Here u go