It's way more than a rebrand/swap from POSW, XSN is pretty much a completely new project at this point, entire new team running the show that are smashing their milestone targets so far.

XSN have been on fire lately, smashing out updates and news and yet they are still massively under the radar and undervalued in my opinion with only a $30M marketcap.

Yesterday they announced a new Hardware Division, solid progress on the next phase of tech, more devs joining an already very talented team, advisors coming on board and partnerships being formed.

https://medium.com/stakenet/xsn-operations-update-5-30-18-e41a23bde76

XSN are looking to build essentially the world's first decentralised crypto bank with profit driven economy. They are rolling out a multi-currency wallet, mobile wallets, DEX and StakeNet.io soon which when combined with the tech they have built like TPoS (worlds first) and CCPoS will allow things never before done in the crypto space like Cold Exchanging, all of it powered by XSN's Masternode Network keeping everything fully decentralized.

https://twitter.com/XSNofficial/status/998587975616335872

They aren't even stopping there as the tech they are building for all this will serve a dual purpose by allowing a multitude of Cross Chain solutions essentially allowing other projects to build on top of the XSN Masternode Network to bring new features without the need for troublesome forks among many other things. You can read more about it in the article below by there Director of Operations which gives a brief glance at how much of an impact these Cross Chain interactions will have on the entire crypto industry in the near future.

https://medium.com/stakenet/xsn-2018-roadmap-ccpos-part-2-548d27958ebb

Add to all this the incoming privacy features and the fact XSN is a DAPPs platform XSN has all the ingredients to be a huge player in the crypto space. Of course this is only if they can deliver but from what I have seen this year from the XSN team I have no doubt they can especially after they are the world's first to bring TPoS to crypto with it working flawlessly.

A quick summary can be found here that covers some of XSN's goals:

https://xsncoin.io/Summary_of_Stakenet.pdf

The Whitepaper can be found here but it is apparently going to be updated shortly to add on the latest developments:

https://xsncoin.io/Whitepaper_2.0.pdf

VEN for a the slow and steady gains.
XSN for a highly likely x10
COLX for moonshoot shitcoin

Thats a great Dev update, lots of stuff going on in the background and they are hammering out the updates. Announcing a Hardware Division is pretty big news and they are also hinting at new partnerships being formed so hopefully some news on that will be announced soon. More devs joining an already amazing team, XSN just keeps getting better and better

XSN - StakeNet for sure. They are absolutely smashing their roadmap, first in the world to launch TPoS which is amazing, StakeNet.io and DEX coming very soon, DAPPs, Privacy features, CCPoS and much more.

XSN aim to build a Cross Chain platform which will allow PoS coins to run on top of their MN Network to implement new features, this will be a huge deal later this year when Cross Chain solutions will become the buzz words in the crypto sector and XSN will be leading the field in that respect. The tech they are building for it though also has opened the door to allow them to do many other things like essentially become a decentralised bank with their Multi Currency Wallet and other innovations like being able to stake while keeping your coins on your Ledger/cold wallet etc.

Tinfoil hat theory but I think this is institutional money getting in, the dumps are too clean and systematical. The news in the crypto space has been really positive as of late yet the price of BTC is tanking so why would that happen.

Well my theory is that big money is buying OTC, then systematically dumping to cause a market price drop and then placing a huge buy order OTC at the new lower price.

For example someone could buy $100M worth of BTC at $10k, keep throwing in dumps on exchanges to break supports and push it down to $8k. Maximum they would lose is $20M but more realistically it would be nearer $10M, of course they could offset the losses by taking out short positions while doing this too. Then they place a buy OTC for $1B worth of BTC at $8k, thanks for the extra 20% BTC which when back at $10k would be worth $200M more than they had if they straight bought at $10k. Easy money for them really $190M profit on a $10M cost.

I second XSN, not sure if it will be the next to go to the moon but it will defs be travelling there at some point soon. The dev team are absolutely smashing through their roadmap. They are the worlds first to bring TPoS tech to the crypto space and it works amazing. They are also releasing StakeNet.io soon and the UI looks very slick from what they have already shown us. A DEX is also near release along with privacy features, DAPPs, CCPoS and much more.

What makes XSN appealing to me though is that they are laser focussed on providing a Cross Chain platform via their MN Network, this will enable all POS coins to layer on top of it to add features to their own coin without the need to fork or anything like that. This I think will be huge later this year and push XSN to be a big player in the crypto sector.

Not sure if it's highest paying but I am certainly very happy with my returns on XSN - StakeNet. You can either stake your coins via TPoS which works great or get an MN for 15k XSN. MN and TPoS payout is currently very similar at the moment but XSN will be releasing their DEX soon which is run from the MN Network so all trading fee's generated on the DEX will go back to the MN holders which will massively increase their returns. Their MN network will also host DAPPs and many Cross Chain applications which again will provide MN holders with more avenues for returns from fees generated. With all that running I can see XSN MN's having a very high rate of return.

Yep they seem have been checking off the boxes to comply so hopefully it leads somewhere soon.

Are you using TPoS to stake you bag? If not get it done, super simple to setup and rewards are great.

I had heard the WP and a legal opinion were both the things that they were waiting for to get listed on the bigger exchanges, both of which they have now so I assume now they will begin talking to them if they haven't been already. They can't really announce things like that though as all big exchanges make you sign NDA's after a certain point of talks.

Check this chart located here:

https://medium.com/stakenet/cold-staking-tpos-vs-lpos-vs-dpos-ebeef4f71c48

XSN are truly decentralised unlike others that rely on a few specially selected nodes. Plus the DEX is just a side bonus made possible by the tech XSN are building to move forward with their cross chain ambitions. XSN will be the foundation for a multitude of cross chain solutions that will all be built on top of their MN network. The industry is slowly shifting to cross chain support and XSN are looking to be at the forefront of that just like they were with TPoS being the world's first to launch it.

XSN released their Whitepaper yesterday and it looks great, you can check it out here:

https://xsncoin.io/Whitepaper_2.0.pdf

I really like what they are building and their vision for the future. Their ideas for Cross Chain solutions I think will be where the industry eventually shifts for scalability and functionality so it's great that they should be at the forefront of this. As the industry moves they will already have solutions in place to cater to the larger blockchain industry to provide a solid foundation for all these chains to build on. Their lead dev put out a great article last week about the importance of Cross Chain functionality which is definitely worth a read to understand the why and how of what XSN is moving towards.

https://medium.com/stakenet/xsn-2018-roadmap-ccpos-part-2-548d27958ebb

They have some great ideas but would mean nothing if they can't deliver the goods but so far they have hit every target set with XSN, swap and burn complete, WP released and TPoS release, TPoS being worlds first as well. TPoS is such a brilliant idea and their implementation of it has worked flawlessly for me for the last week or so since I started using it. The XSN team seem to have all these little idea's when you look at it on the surface but when you put them all together you realise that what they are building could be truly revolutionary in the crypto space.

They also released a video about how they are aiming to be the world's first decentralised bank which can be found here which is a very interesting idea as well:

https://youtu.be/v80MT7-RY6I

Definitely one to keep an eye on this year and see how things develop

Didn't know XSN had someone at Consensus, where they able to make any connections there or are they not allowed to talk about it?

They just hired a marketing manager who is assembling a team to do all that and put XSN on the map

Not sure if I misunderstand but you know you will be able to stake your XSN from Ledger directly using TPoS and soon do even more directly from it like Cold Exchanging.

Yeah for sure they got a bunch a of new devs too now I believe so things have been rapidly progressing since the swap.

The XSN team have confirmed the coin burn from the swap is complete, 3.5M got burnt so that more than I expected. They have sent the update and final supply to CMC so hopefully the new supply will be reflected soon.

The devs have confirmed 3.5M coins were burnt from the swap, that is a lot that has been taken out of circulation. They have sent update to CMC but CMC are notoriously slow at updating these things.

I am really liking XSN StakeNet at the minute. They have just finished the swap from POSW and have completed the coin burn, burnt 3.5M coins. They have already deployed TPoS, first in the world to do so. I think TPoS is a game changer due to is ease of use and security, being able to stake offline is great.

That is just the beginning however, they are releasing their WP in a few days (countdown on website) and are working on getting their DEX online which will be run via their MN network and Multi Currency Wallet. Eventually they will be adding privacy features and a platform for DAPPS.

They have been laser focussed on Cross Chain Solutions since the start and it's seems the rest of the industry is also making this shift now which give XSN an advantage as they have been heading down this route for a while now.

Their Head of Operations put out this article a few days ago which I think is a great read and show the overall vision and direction of XSN which you can check out here:

https://medium.com/stakenet/xsn-2018-roadmap-ccpos-part-2-548d27958ebb

Now to answer the question of why do I think it's a good Alt to invest in, well it's marketcap is only around $20M which is laughably low for what they are building so has a lot of room to grow. Currently only available on smaller exchanges due to swap and burn but now they are complete they can now move forward with listings on bigger exchanges which will give XSN more attention.

Swap is over and it's expected the burn amount will be announced very shortly.