/biz/ - Business & Finance

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.

>>25821230
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.

>>25821230
>>25821324
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.

>>25821230
>>25821324
>>25821346
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.

>>25821230
>>25821324
>>25821346
>>25821366
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.

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, raiden is required.

(X) I know a DEX with atomic swaps is too slow to be commercially feasible. A lightning and raiden 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 raiden. 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 and you can beta test it right now in a private group in discord if you ask nicely.

(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 fucking buy me a nice big boat and quit wagecucking.

>As we head into the first month of 2021 we have exciting news and developments to share from the Stakenet ecosystem. Key developments being test builds deployed to our community with ETH integration, UX redesign and overhaul, major exchange news, partnerships and more.

>ERC-20 + USDT Support

>We now have Ethereum and ERC-20 (USDT) deployed to our community closed beta and in testing! This is in preparation for upcoming trading pairs BTC<>USDT and BTC<>ETH being added to the DEX.

>High gas fees and traffic on the Ethereum chain have caused strong demand for near term scaling solutions as of recent. Our DEX will assist in providing users with low cost, instant trading on ETH /ERC-20 to BTC via Connext and Lightning Network.


>Some key developments added to our latest builds:
>Transaction signing & UI for sending/receiving ETH & USDT
>Transaction fee calculations
>Fixes and deployments for Win & >OSX build to our testing groups
>In addition, lssd now supports Connext and is on the XSN DEX mainnet hub where our team is setting up automated trading environments for our newly added ETH and ERC-20 pairs.

>>25821490
>Exchanges
>XSN is now live with an XSN/USDT trading pair on WhiteBit Exchange. https://whitebit.com/trade Read more about why we chose WhiteBit over other tier 2 exchanges here: https://link.medium.com/TElqIlN7Ecb

>This month we will also be announcing a listing on a top tier exchange, make sure to keep an eye on socials and further exchange announcements to come.

WGMI.

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.

We're gonna fucking make it.

>>25821554
We are the stakeholders of the infrastructure that will facilitate the majority of crypto transactions in the future - And we got in at the ground level.

I couldn't afford enough LINK...

But LINK afforded me enough XSN.

And XSN will afford me whatever I want.

>>25821678
XSN $100 2021

>>25821800
Checked.

>Road Ahead

>Over the next month we will have a main focus on running stress tests of our newly integrated Connext client with cross-chain BTC LN to ETH, USDT trading pairs. Also, there will be a rollout of our new UI and news on official public launch dates set for the Stakenet wallet.

The full product will be here within the next 3 months.

No one has quite yet comprehended the full implications of this innovation on the crypto market, and crypto as a technology.

This DEX will render centralised exchanges obsolete.

It will render central governments powerless to enforce restrictions upon crypto - crypto trading.

When a privacy coin like XMR integrates the lightning network, which could be soon - you will be able to inter-trade directly between BTC and XMR, totally obscuring the origin of your funds. And you can do all this over the TOR network.

You are running out of fucking time to get in on this.

>>25822139
nubiz won't listen until it's already gone 50x

In before blockek devs spam copy/paste fud

>cope blockeks
>Stakelords to the moon

Multi-Currency Wallet and Lightning Swaps — Stakenet Solution

Whilst a lot of blockchain projects are struggling with scalability and trying to prove their decentralization, Stakenet (XSN) is swiftly moving forward in creating interchain capabilities and services that will help in fulfilling its vision of a trustless profit-driven economy. In this article, we will be discussing two important pillars that we are pioneering to provide a highly secure interchain economy for cryptocurrencies and making the world free of centralization.
>Stakenet Multi-Currency Wallet

A cryptocurrency wallet is an important and integral component of the cryptocurrency universe. It is a secure digital wallet which helps in storing and transacting digital currencies like Bitcoin and Ethereum. Most of the coins and tokens have their official wallets but with changing times a lot of independent third-party wallets have surfaced providing a variety of features. Here comes the problem; for every cryptocurrency that a user holds, he also requires a wallet to store it, thus making it cumbersome for the holder to have so many wallets.

Stakenet provides a solution to this problem as Stakenet’s Masternode Network will hold databases and run full nodes of multiple blockchains allowing Stakenet to create a wallet that can securely send, receive and confirm a transaction on separate blockchains. These separate blockchains are held in the second layer which communicates with the first layer nodes providing users a single wallet which can house multiple wallets.

>>25822280
>Lightning Swaps

With decentralization slowly finding its roots in today’s world, people are showing an inclination towards replacing centralized intermediates with decentralized ones. Although the acceptance of a complete decentralized organization is still distant, there has been the emergence of a lot of services which now help people in carrying out transactions without an intermediate party. Atomic Swaps are one of these. In simple terms, an Atomic Swap is a smart contract technology that enables the exchange of one cryptocurrency for another without using centralized intermediaries, such as an exchange.
In August 2018, we released a new Lightning upgrade along with the implementation of Lightning Network and Atomic Swaps. The combination of Lightning Network along with Atomic Swap allowed the execution of “Lightning Swap” which is an instant and nearly fee-less cross chain trade. The successful execution of Lightning Swap has taken us a step closer to our trustless one-click Lightning Swap solution which provides the user with a unique interoperable peer to peer solution that is only available with Stakenet.
To elaborate, Lightning nodes validate transactions between two separate chains. A Lightning node is an endpoint communicator that should have data from both chains. In other words, it needs to monitor both chains and thus is able to validate the transaction. With the upcoming development of the Multicurrency Wallet, Masternodes will be holding the separate chains in a decentralized manner, so you won’t need to download both chains. The Masternodes will also provide Watchtower services, so if anything goes wrong it will execute automated scripts to claim the punishment rewards.

>>25822280
>>25822311
>Stakenet Solution

Crypto exchanges are the mainstay support for the cryptocurrency market as they allow trading of coins thus providing liquidity. Even after being such an important component of the crypto markets, most exchanges are centralized and are operated out of a single central server making them vulnerable to hacking or forced closure by the regulatory authorities. Also, once a user places a trade with a centralized exchange, their coins leave their possession and are stored with the exchange, thus making the user lose the utility and benefits that one receives from the coins. These are some of the potential risks which Stakenet aims to answer with its proposed Stakenet dx (Cross-Chain Lightning Swaps).

With important components such as the Multicurrency wallet and Lightning Swap in place, we are only a few steps away from creating this solution. There are some DEX’s which are currently operating but all of them have some vulnerabilities of centralization, whereas Stakenet would be the first to operate a completely decentralized solution which would be entirely run by Masternodes and not supported by a centralized entity.

>>25822280
>>25822311
>>25822389
Apart from that, the other advantages of the Stakenet’s Cross-Chain Lightning Swaps are:

>The coins which the users hold never leaves them unless the transaction is completed giving them unlimited access to their coins.
>With coin in their wallets, they also benefit from all the utilities, features and staking rewards of the coin.
>The user remains anonymous as he doesn’t have to provide any Know Your Customer (KYC) details to anyone providing the user with complete anonymity and freedom to trade fearlessly.
>Not being in hands of central authorities, the Stakenet dx cannot be shut down by anyone, not even Stakenet.
>All transactions are done on a peer to peer basis without the involvement of a central authority, making the transaction more secure and less expensive as the fees are lower.

>>25822280
>>25822311
>>25822389
>>25822417
The question is what’s the point of a native token on a chain that facilitates Lightning Swaps?
There have been two main criticisms of Lightning Network thus far:

1. Decentralization
2. Liquidity

By using the XSN native blockchain to host a one-click Lightning Swap solution, it gives the advantage of utilizing its second layer Masternode collateral to solve both of these issues.
Masternode collateral can only be achieved by using a native blockchain, since the rules need to be baked into the first layer to have secure Masternode’s in the first place, so you cannot use DApps or off-chain tokens to have the same effect or solve the problems that require a dedicated Masternode network.

With our native blockchain you will be able to take this collateral and allow Masternode owners to make that collateral work for them by generating fees from routing Lightning payments, becoming Watchtowers, holding other chains, providing Light Wallet TX broadcasting services and liquidity for the Lightning Network as a whole.
Furthermore, all major infrastructures will be built using Masternodes to provide a decentralized service without hurting normal users on the base protocol.

XSN users and owners will be rewarded accordingly via demands for XSN to set up these Masternodes or using it as a medium of exchange, because it will be one of the most liquid Lightning Networks necessary for high volume trading and general payments.

This is one of the major selling points along with other exciting capabilities our second layer will allow in the future. As new technologies regarding smart contracts, DApps, and scaling come into the scene we will also be able to uniquely solve problems that these technologies might face using the same approach we are taking with Lightning for example.

>>25822280
>>25822311
>>25822389
>>25822417
>>25822441
In short, all services running on the Masternode network will generate fee’s that will be paid in XSN in one way or another. Many users may not even realize they have paid in XSN as it will all be handled by Lightning swaps in the background. For example, if someone wants to trade BTC/LTC then the fee will be initially collected in BTC, however this BTC will be converted into XSN via a Lightning Swap in the background. That XSN will then be distributed back to the MN holders for providing the services.

This will happen for every service that is run on the XSN Masternode network, such as the Privacy features and upcoming DApps. We believe this economic model will provide a constant demand for XSN with fees collected constantly being converted to XSN and then distributed back to Masternode holders.

We have also partnered with professional trader Frank Amato (current Block 5 Capital Co-Founder, Former Executive Director of JP Morgan, Former Managing Director of Bear Stearns), to help design the Stakenet dx, as he provides insights on how the one-click Lightning Swaps can meet the expectations and requirements of seasoned traders. It will have a “Pro-Trader Mode” which will serve ambitious and also seasoned retail fund investors.

Do you reckon the volume increase is from the ivan on tech video? (that 5 second clip)

>>25822697
Please link what you're referring to

>>25822697
And without having seen it - no. The volume is coming from people who are buying because they know the DEX will be launched within 3 months and this will be in the top 20.

>>25822855
>https://youtu.be/YawVA0XoQZI?t=1863
It's at 31:00, it very short fyi.

>>25821198
Nice XSN general you got here.
It would be a shame if someone start a FUD.

>>25822929
5 seconds for the single most important innovation in crypto right now.

Other than LINK there isn't a single altcoin more important.

Lets fucking go my frens, 6mn reporting in, anyone in the whale group here?

when raiden?

>>25823000
checked and GMI.

>>25823000
10+ nodes here, nice digits.

>>25823089
your out of the loop. they ditched shitty raiden for connext, who have actually made big progress.

refer to >>25821490
>>25821509 for latest updates

Live Coin hack was a Perfectly hatched plan to fuck off fudding swingies while simultaneously making people realize that there's a fully functional LN DEX to use instead.

Essentially BTFO of two birds with a single hacking russian. Perfect, and unironically bullish as fuck. (not for swingies though kek, enjoy watching your frozen xsn in Cryptopia 2.0)

It was night of the long knives. Only long term holders loyal to the dex will make it. Kikes attempting to day trade for a measly profit on the trap cex laid for them were eliminated.
Their timing is perfect as the CEXs have already shown that they shit the fucking bed during times of high traffic.

>XSN is not just inevitable. It is necessary

>>25823177
Checked

Someone post the latest USDT swap they did

>>25823177
>>25823311
Checked.
https://streamable.com/codw1m

>>25823311
checked. here you go

https://streamable.com/codw1m

>>25821366
>>25821800
>>25822311
>>25822855
>>25823000
>>25823177
>>25823311
Checked.

>XSN/USDT pair has been on WhiteBit for 2 weeks now
>Price steadily rising
>212k volume
>Volume has been steadily rising
>Layer 1 is getting congested as fuck

ENTER:
>Stakenet Vortex/Aggregator
>TOP 10 CEX LISTING
>Xsn/Pairs; the dex is able to pull volume from any exchange that has instant settlement.
>Stakies go Brrrrrrrrrrrr
>Dex is fully released from beta to public.
>Dex has Lightning(BTC L2) / Connext(Eth L2)
>Aggregator go Brrrrrrrrrrr
>Vortex go sucki sucki
>Dex now has insane starting volume due to additional pairs.
>Dex go Brrrrrrrrrrrrrrrrrrrrrrrrrr
>More and more people come to Stakenet Dex to trade; this is due to it being the only Layer 2 with Native Bitcoin Trading.
>Dex is super light weight and has a Simple Swap feature for retards
>Layer 2 has privacy and low fees
>Because of privacy and built in Tor integration (you can turn off and on) tax jannies on suicide watch

StakeNeets now have insane diagonal growth of wallet sizes multiplying with each node.

Soon(TM):
>ENTER:
>Stakenet Mobile

EOY:
>ENTER:
>HYDRA

Pajeets and turckroaches must be asleep.

>>25821198
anybody noticed how easy it is to score dubs or trips on XSN threads?
Look at the current or at the one from yesterday
>>25768983

>>25823824
The meme magic is with us. It's no joke.

>>25822928
where'd you read about DEX launching in three months.
It was suppose to launch with the BIG CEX announcement.

>>25821800
>>25822311
>>25822855
>>25823000
>>25823177
>>25823311
>>25823688
All those fucking DIGITS. XSN is holding really well during this dump and with all the information that's already out and more coming we are going past the moon. Even Ivan on tech mentioned Stakenet on stated the importance of the DEX. Literally an intergalactic pump is due.

duckNET

>>25821800
>>25822311
>>25822855
>>25823000
>>25823177
>>25823311
>>25823688
All those fucking DIGITS. XSN is holding really well during this dump and with all the information that's already out and more coming we are going past the moon. Even Ivan on tech mentioned Stakenet and stated the importance of the DEX. Literally an intergalactic pump is due.

>>25823824
>>25823837
See >>25821816
Look at the time and date.

>>25821421
>copy pasta still mentions raiden

>>25824083
From the latest dev update. I think they want full Dex launch by end if February.
>https://medium.com/stakenet/xsn-core-update-jan-2021-1f2b1f585b58

>>25824339
I'll change it next time

>>25824274
Blessed image

Test

>>25824083
>It was suppose to launch with the BIG CEX announcement.

? not sure where you got this from. This month they allow announce the big CEX listing, and the launch date of the DEX. straight from the recent update

>>25824455
Checked. Anon please stop shilling this scam. I need more time to buy.

>>25824563
2 late

>>25824563
accumulation phase is over. it's time.

>>25821366
>>25821800
>>25822311
>>25822855
>>25823000
>>25823177
>>25823311
>>25823688
>>25824455

Digits are back on the menu boys.

With the Top 10 exchange listing THIS MONTH and DEX launch date announcement, there's no way we're not flying through the fucking roof this Q.

>Imagine not market buying this shit like an ape

>>25822929
Why does he give it 5 seconds? Why is this project so fucking unrecognized still? He clearly fucking knows about it and hardly even mentioned it. All these fucking influencers, what is their game in relation to XSN? They can't be that retarded to just gloss over Stakenet, can they?

>>25824666
CHECKED

ITS TIME

TONIGHT
TONIGHT
TONIGHT!

>>25824781
>They can't be that retarded to just gloss over Stakenet, can they?

This is such a clown world anons on /biz/ are unironically the intellectual investing elite and 10 steps ahead of everyone else.

>>25824788
and CHECKED!

TONIGHT
TONIGHT
TONIGHT!

>>25823311
It’s a video of a swap. It’s not actually a swap lmao.

>>25824666
>>25824788
checked
>>25824781
most of them have a price on their head
>>25824870
/biz/ is good at being early but there's only a few diamonds in the rough

>>25821800
>>25822311
>>25822855
>>25823000
>>25823177
>>25823311
>>25823688
>>25824455
>>25824666

How can one single thread have some many GODLY DIGITS? Looks like fudders can't fight destiny.

>>25824970
dont worry anon, you can just by in at $10

>>25824781
Have you ever looked at portfolio rating threads on biz?

No one. And I mean LITERALLY not one single screenshot will ever contain XSN. Its a miracle if you find even one mention of XSN in those threads.

Its not just the influencers, even the majority of biz itself ignores XSN. Outside of these XSN copypasta threads, there is hardly any mention of whatsoever it.

Considering XSN is around 85% of my portfolio, at times I think "Am I the crazy one? Is XSN really not worth it after all? Why does no one have even a small bag? Why is no one else talking about it?"

It just doesn't make sense to me...

>>25824666
What did satan mean by this?

>>25824666
>>25824788
>>25825100
Cooom

>>25825100
Most portifio threads are data mines or shitcoin shilling.

Go, go, go, go, go, go
Go, Stakenet
It's your launch day
We gon' party like it's your launch day
We gon' sip sodi pop like it's your launch day
And you know we don't give a fuck it's not your launchday
You can find me on the DEX, wallet full of coin
Look, mami, I got the DEX, if you into makin' money
I'm into makin' moons, I ain't into workin' hard
So come give me a bump, fuder's dead now thats funny

You can find me in the DEX, wallet full of coin
Look, mami, I got the DEX, if you into makin' money
I'm into makin' moons, I ain't into workin' hard
So come give me a bump, fuder's dead now thats funny

>>25825100
This is what being early feels like anon. Embrace it.

>>25825388
Checked and kek

>>25825544

>>25825755
This is getting fucking silly now.

Only coin in my 'folio that hasn't shat the bed today but actually pumped.
Absolute chad price movement

Is that CEX listing confirmed? What CEX will it be? Am thinking of buying a stack for the listing pump

>>25825388
>>25825544
>>25825755
>>25825788
JESUS CHRIST THIS IS GOD TIER MEME MAGIC ITS ACTUALLY HAPPENING

>>25825805
It's confirmed by the devs. They'll also announce the DEX launch date this month. You definitely want to get in before then because it will probably pump to $1 on that alone.

>>25825100
>>25825388
>>25825544
>>25825755
>>25825788
checked

>>25825100
I felt the same but I think herds follows herds.


>>25825380
Data mines?

>>25823688
>>25824455
>>25824666
>>25824788
>>25825100
>>25825388
>>25825544
>>25825755
>>25825788
Checked & XSN pilled

>>25826084
People like green. Green attracts newcomers.

What kind of wall of text is this.

TL;DR

Tell me ONE reason. ONE. One reason to use this Dex over a high security CEX like binance.

>inb4 not your keys, not your coins. I believe for the average individual it is safer to use an actual Cex that has address whitelisting, 2fa, etc.

>>25826402
>high security
>CEX
>binance

>>25826402
>secure until the first hack, right anon?
How is something that you control your funds and have a software downloaded in your pc (not a fucking hackable website) not safer than a CEX website?

>>25826402
>typing this unironically

>>25826466
checked HOW MANY MORE FUCKING DIGITS WILL XSN GET? i'm hard anon

>>25826466
Tell me an instance where a person didn't get his funds back.

FUNDS ARE SAFU

Also what about livecoin hack? Are all those XSN stolen? In this case this is gonna be a glorious dump in the likes of Hotdog

>>25826402
>What kind of wall of text is this

You honestly should just be shot in the head. Not trying to be edgy or anything like that, but you really are just an ADHD brain-dead NPC. You can't even post an inane bullshit comment with out attaching an image of a neat naked woman. Heaven forbid your dopamine receptors should be deprived for a single second while your brain attempts to digest some new information.

>>25826595
> What about Livecoin hack?
Literally don't care
FUCK SKADOOSH
FUCK SWINGIES
FUCK CZ
FUCK LIVECOIN
XSN $100 EOY

>>25826513
what is malware...

>>25826697
These are some autistic kindergarten arguments right there. Have fun holding bags when everything moons, retard.

>>25826825
thanks for the bump

>>25826825
>These are some autistic kindergarten arguments right there.

Id insult the quality of your arguments, but I cant find any.

>>25826595
I fail to see how you can both support CEXs and pay mind to Livecoin getting hacked. It certainly isn't the first CEX that got hacked and it certainly won't be the last.

>>25826669
Listen here you little shit. I've lost over $2k dollars over XSN.

It's unethical for you to hide the facts of XSN and trick newfrens into buying this shit.

Do let's state the facts:
1.XSN is not necessarily used as long as people can use centralized exchanges
2.The exchange is gonna have zero volume natively and if I'm correct aggregating orders is gonna make it very costly. (Ex. You pay binance's fee+ Stakenet's fee on top)
3.The bagholders and the hackers are gonna dump this to the core of the earth.

>>25827116
thanks for the bump

>>25826967
You compare fake volume and literal who livecoin with Binance? Are you serious?

>>25827116
All of this is false but I have had enough of arguing with the same person for 6 months straight.

Thanks for the bump.

>>25827204
thanks for the bump

>>25827116
kek. livecoin had like 650k XSN
not good, but that is about the equivalent of having about 43 MNs (the network is currently at 2762)

>>25827116
correction: 1. XSN isn't necessarily needed as long as there are safe centralized exchanges around. (If government bans them, that another story)

>>25827116
>1.XSN is not necessarily used as long as people can use centralized exchanges
>2.The exchange is gonna have zero volume natively and if I'm correct aggregating orders is gonna make it very costly. (Ex. You pay binance's fee+ Stakenet's fee on top)
>3.The bagholders and the hackers are gonna dump this to the core of the earth.

>this is the best FUD'ers can come up with

we are going to be rich as fuck.

so tell it to me straight lads, how many XSN do I need to make it?
what's the suicide stack, what's the good middle ground, and what's gonna make me a millionaire?
Thinking on grabbing my bags but its not on any exchanges I use yet, I think i'll make an account on whitebit exchange

>>25827204
Binance already got hacked before, anon, and they're gradually making their way into the rearview mirror along with Bittrex and Polo. Stakenet DEX is exactly what they fear

>>25827317
thanks for the bump

>>25827314
Can you even counter my arguments? Do it and I buy XSN again. Deal?

>>25827334
1 Masternode (15,000) is the short term(3-12 months) suicide stack, and the long term(12 months+) make it stack.

>>25827397
thanks for the bump

>>25827397
You don't HAVE any arguments. An argument is a reason or set of reasons given in support of an idea. All you've done is make totally arbitrary claims and expect anyone to take you seriously

>>25821198
>Exit scammed PoSW
>Didn't have any institutional interest or investment and no ICO (can be verified on Messari)
>Submits votes for themselves to mint more tokens, so they can dump on investors to pay for their 'operations' in textbook Principle Agent Problem

XSN token will never be needed. You can use the no volume, closed source, 'DEX' right now without XSN. Why? Because it doesn't require XSN and XSN is incompatible with a separate currency network. For example, you can't transact in XSN on BTC lightning. That's not how the network works.

How does it work? Well let's say you want to swap BTC for LTC via lightning. The developers currently own and collateralize a BTC and LTC lightning node, so if you want to trade BTC for LTC via lightning, you rent one of their channels where they receive 100% of the transaction fees that are required in the token that is being sent for a swap. So if you want to swap BTC for LTC, the fee is BTC.

THERE IS NO XSN INVOLVED IN THIS PROCESS NOR WILL THERE EVER BE.

Furthermore, developers say there will be DAPP developers that will drive utility for this token. However, this is a UTXO based blockchain which is EXTREMELY LIMITED and NOT EVM compatible, so there will NEVER be DAPPS.

So to summarize: TEAM EXIT SCAMMED PoSW. DUMPS ON INVESTORS TO FINANCE SCAM. XSN COIN NOT NEEDED.

>>25827477
thanks for the bump

if you fall for the FUD at this point you genuinely deserve not to make it

>>25827521
WRONG!!!

LOL!!!

HOW STUPID CAN YOU BE!!! You can't see through this????

LOL. Think about it. They created PoSW as a separate LLC to X9 and then contracted work from PoSW LLC to X9, so that way they could LIMIT THEIR LIABILITY WHEN THEY EXIT SCAMMED!!!

LOL!!!!!

These guys DID THE SAME THING WITH STAKENET LLC!!!! SO WHEN THEY EXIT SCAM STAKENET, THEY WILL JUST SAY, X9 HAD NOTHING TO DO WITH IT!!!!

LOL!!!!

YOU JUST CAN'T MAKE THIS SHIT UP!!!!!

AND YOU BELIEVE IT!!! WHAT A FUCKING IMBECILE!!!!

>>25827477
Cope

>>25827695
thanks for the bump

>>25827719
I'm not coping. I'm educating people, so they don't give their HARD EARNED MONEY TO SCAMMERS!!!!

I'm sorry if that hurts you feelings, but go fuck yourself. People need to see the truth.

>>25827772
Cope

>>25827772
thanks for the bump

>>25827772
>People need to see the truth.
no need. we already know you're a colossal faggot.

>>25827955
checked

Every single FUDer, whale or no, WILL be physically removed from the free city of Stakehold

>>25825388
Checked and keked.
>>25825544
Ahhhhhhhhhhhh
>>25825755
WTF
>>25825788
Fffffffffuck
>>25826084
>He doesn't know about data mine threads

>>25826466
Checked, cex faggot rekt.
>>25826700
Checked. Keep you machines safe anon.
>>25826669
Fucking based.
>>25827116
Kys faggot, go back.

>>25826700
What is having a brain...?

>>25827334
It's always been three.
>>25827344
>>25827477
>>25827766
>>25827955
Fucking checked.

>>25828029
The 'city of Stakehold'

WHAT THE FUCK IS THAT???

A FUCKIN PORTA POTTY AFTER THE DEVS EXIT SCAM YET AGAIN, AND DIAPER SHITS ALL OVER YOU???

LOL

LOL

YOU JUST CAN'T MAKE THIS SHIT UP!!!!!

KEEP HOLDING THAT DIAPER FULL OF SHIT!!!!

LOL

LOL

>>25828237
yes I don't.
tell me moar nigger

>>25821366
>>25821800
>>25822311
>>25822855
>>25823000
>>25823177
>>25823311
>>25823688
>>25824455
>>25824666
>>25824788
>>25825100
>>25825388
>>25825544
>>25825755
>>25825788
>>25826466
>>25826700
>>25827344
>>25827477
>>25827766
Checked look at these digits. /Biz/lets if you're still sleeping on xsn then maybe you don't belong on this board.

>>25827116

I'll make it short cause im a lazy neet

1. That's like saying why use bitcoin when you have a credit card.

2. I don't even think you're being serious about this, nigga you buy and sell you pay the fees twice anyway. Just instead of paying the fee twice on *CEX* you pay one time on the DEX and one on the CEX.

3. I got a friend who holds more than all the XSN that was on livecoin so i don't give a fuck about that, and neither should you.

And about the hackers, they still need to know your seed frase so it's like any other wallet. If you mean hacking the LN, good luck messing with the 'Justice Protocol'.

Fudders the fuck out of juice, we're going to make it. Let the faggots fomo in at 1$

>>25828529
thanks for the bump

>>25828529
this is what mental illness looks like

>>25828529
AfterBazaar is back, it is past 5PM now in Turkey after all.

Keep this thread up there Stakeholders - im signing out.

XSN $100 2021.

>>25829006
LOOK AT THIS SHILL!!!!!

WHAT A FUCKIN IDIOT!!!!!

LOL!!!

How LITTLE can you respect yourself to allow OBVIOUS SCAMMERS TO SHIT ALL OVER YOU!!!!!

Probably a team member. In that case, GFYO PIECE OF SHIT!!!!

LOL!!!!

But promise me one thing, if you're not part of the team after they exit scam.

DON'T TAKE OUT YOUR ANGER ON OTHERS AND SHOOT UP A SCHOOL!!!!

DON'T GO FULL WOJAK!!!!

PROMISE ME THAT!!!!

>>25829509
Thanks for the bump

>>25827474
Okay. The three points I wrote are arguments against buying XSN.
I thought you could offer me some insight why would people hold XSN while they know that:

1)Safe CEXes are very secure. No one has lost money from binance or coin base.
2)Worse trading experience than top CEXes due to low volume and extra XSN fees on top of the exchange fees of the aggregated liquidity.
3)The price before the litecoin hack was lowish 10c. That along with bagholders that bought at 60c and the hacked funds is a probable dumpfest.

These are reasonable worries for a person to choose NOT to invest in XSN.
Other than that I think it's a okay project and I hoped that you could offer me some insight in case my points are not accurate/false. If you do I will seriously consider investing in thos project. Since you ain't doing any of this this means these are legitimate downsides of XSN not to be ignored!

You continue answering to me like this and you devolve more to the schizo-statera-discord level of shill. Your choice.

>>25829651
Thanks for the bump

>>25828843
Ok. I'm satisfied with 1. And 3.

What about 2.

When I trade on CEX I pay the fee ONCE when I make a trade. What are you talking about?

>>25829651
I'll help you out even further.

A) Devs exit scammed PoSW. (HUGE RED FLAG)

B) COIN NOT NEEDED. You can't route XSN on BTC lightning. THERE IS 0 XSN involved in the transaction.

C) The exchange is CLOSED SOURCE

D) XSN Masternodes are WORTHLESS. They're 100% not necessary for trading. The DEVS also said they intend on each masternode to be its own DEX which would require an individual to open up multiple currency networks and then collateralize it for lightning, but even then, IT DOES NOT USE XSN unless you're using XSN SHIT COIN to swap for another token.

BUT WHO IN THE FUCK WOULD USE XSN for ANYTHING????? There will never be DAPPS on this UTXO chain.

It's a SCAM. VERY EASY TO SEE. Look at their shill army.

>>25829884
Thanks for the bump

>>25829881

If you are just buying a shitcoin on spot then you're right, you just pay one fee for the buying.

But When you aggregate(doing arbitrage trading) you are doing 2 trades simultaneously, one is buying on the CEX and one is selling on the DEX (depends on prices).
So you pay 2 fees anyway.

>>25827334
15150 XSN minimum

Oh look blockek fudders have woken up.

Here is a reason why they are seething and spend all day fudding here.

>Lucien wrote the blockek mentions bot
>Lucien sold the bottom
>Lucien can’t stop seething
>Stakelords to the moon