I dont know much about stakenet but do they have any actual products or DEX to try? Komodo just made their atomic dex beta public. So that is a product you can get your hands on and test right now. Seems like stakenet still has a long way to go before any tangible product is out. https://atomicdex.io/ works on both ios device and android They've got their staking platform for a while now. Cloud.Stakenet.io - XSN, Stratis, and PIVX is supported - Centralized solution to get newbies started with staking. They invented TPOS - Trustless Proof Of Stake. Works by staking through a merchant who will run a VPS for you, and take a commission for it. (Both parties gotta accept the percentage fee). The merchant wont be able to spend, or move your coins, just stake it. You can be your own merchant, or find someone who wants to stake your coins. Next in line is their multi currency lightning wallet - Which is gonna beat most other multi wallets out there, by providing lightning transactions by clicking on a button, no technical stuff needed. Masternodes will route the transactions in the backend. No need to sync, TOR-integration for privacy, and the DEX is gonna be integrated in the wallet later on. The multi currency wallet is completed, but currently in open BETA, will be released very soon. |
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I just curious about what's your opinion about how vertex can deal with the regulation? As far as i know, even DEX becomes CEX right now which must comply with the regulation that has already created by the government.
Im feeling doubt to see that is there a chance for your hybrid exchange to be full compliance with the regulation?
True story and this is what mostly do happen recently or even on the past where DEX ones being hitted up by some government issues which they do end up to comply with the law.Im not aware with those Hybrid exchangers yet im only aware with DEX and CEX.If we do talk about hybrid then it do works on both sides which is pretty impossible or come to think off to be a possible one without any facing legal issues as well. Centralize exchangers might be hated by anybody but on the current situation of the market we have seen that people do still make use of these centralized exchangers compared to DEX ones.We can eventually see the difference or the support with our own very eyes in terms of liquidity. Again, it's worth mentioning that once the Stakenet DEX is up and running, nobody will be able to take it down, not even the government. This is because it's gonna run on 2000+ masternodes, with servers located all over the world, it's the same principle, as if you'd want to shut down the internet. Good luck with that |
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A great small cap project that it seems most people is missing is: XSN - Stakenet.
Here's why:
BTC is king, and it always will be, but it has some major flaws, like it or not.
On-chain, Bitcoin is capped at 7 tx/sec. The more activity the network sees, the slower transactions become.
As it grows in value, fees increase as well.
Lightning allows for a theoretically unlimited number of transactions at near-zero fees, but it has seen stagnant growth because there's little financial incentive for individuals to adopt it on their own.
XSN's solution involves using its decentralized Masternode network and the collateral locked in them to rout payments, act as watchtowers, and provide a ton of liquidity for transactions.
This will bolster Lightning without centralizing it.
Most masternodes projects has no purpose, but Stakenet actually makes use of all these servers standing idle all around the world.
As XSN is inflationary, the supply will slowly increase over time and allow more masternodes to participate.
With this design and approach, BTC will be able to scale and take on much heavier workloads without hitting any major bottlenecks down the road.
Additionally, XSN's masternodes are going to use lightning to restore some of BTC's inherent privacy and anonymity that was compromised by CEXs and KYC.
By embedding TOR into the network and implementing lightning atomic swaps, anyone will be able to instantly and privately swap a wide variety of coins without ever having to send them somewhere that is out of their control. This will greatly minimize the need for businesses that accept crypto to adopt 10 different types of coins as so many of them can be instantly swapped into BTC.
Imagine a standard Bitcoin qt wallet with an extra tab that offers everything that a full scale exchange has and you have the essence of Stakenet.
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Without a single doubt: XSN - Stakenet.
Here's why:
BTC is king, and it always will be, but it has some major flaws, like it or not.
On-chain, Bitcoin is capped at 7 tx/sec. The more activity the network sees, the slower transactions become.
As it grows in value, fees increase as well.
Lightning allows for a theoretically unlimited number of transactions at near-zero fees, but it has seen stagnant growth because there's little financial incentive for individuals to adopt it on their own.
XSN's solution involves using its decentralized Masternode network and the collateral locked in them to rout payments, act as watchtowers, and provide a ton of liquidity for transactions.
This will bolster Lightning without centralizing it.
Most masternodes projects has no purpose, but Stakenet actually makes use of all these servers standing idle all around the world.
As XSN is inflationary, the supply will slowly increase over time and allow more masternodes to participate.
With this design and approach, BTC will be able to scale and take on much heavier workloads without hitting any major bottlenecks down the road.
Additionally, XSN's masternodes are going to use lightning to restore some of BTC's inherent privacy and anonymity that was compromised by CEXs and KYC.
By embedding TOR into the network and implementing lightning atomic swaps, anyone will be able to instantly and privately swap a wide variety of coins without ever having to send them somewhere that is out of their control. This will greatly minimize the need for businesses that accept crypto to adopt 10 different types of coins as so many of them can be instantly swapped into BTC.
Imagine a standard Bitcoin qt wallet with an extra tab that offers everything that a full scale exchange has and you have the essence of Stakenet.
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True, but by the looks of it, it seems like altcoins is starting to rally again as of today. XLM was up 40% earlier today, which is impressive. You gotta do your own research on the right alts though, because some of them will die for good, with no working products. ERC20 tokens is a great example of this, where the devs burned through their ICO money already, and is basically without any money left. High cap coins is probably the safest option in terms of profits, but if you're looking for something with insane upside potential, something that enhances BTC, and LTC through Lightning, you should take a look at Stakenet, who is soon ready with the first Lightning DEX. This DEX offers instant trading, low fees - Basically anything a centralized exchange offers (except FIAT gateways obviously).  |
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Do your own research, but I'm sure decentralized exchanges will grow over time. Look at the recent news where a lot of privacy coins have been delisted from centralized exchanges. Privacy coins will flourish well on DEX's, I'm sure.
Decentralized exchange truelly sounds attracting but in reality it isn't really that decentralized since all trade are still operating on a platform where a certain individual or company owns it. This is a fact that there is nothing absolute. Regarding privacy coins being delisted on centralized exchange, well I guess they are just complying to government AML and if ever this privacy coins migrated on these DEX'es, it is just a matter of time before regulatory board comes after them and shut them down. Stakenet's DEX isn't owned by anyone but the network of masternodes running it. Once the DEX is LIVE, even if the devs was FORCED to take down the DEX, they wouldn't be able to do so, as it's NOT controlled by them. Coins will be added to the DEX by voting, if the majority of the node owners reject the proposal, it simply wont be allowed to get traded on the DEX. It's true that there is a LOT of "fake" DEX's out there, but Stakenet is NOT one of them  As I said in my last post, please do your own research buddy. Most decentralized exchange isn't decentralized as its made people to understand. Idex currently is asking her users ti register on their exchange ti be able to use it. Until Dex is fully decentralized, its not functioning yet. Hybrid exchange if developed is good.
"IDEX" Is NOT a TRUE DEX, Nor is the Binance DEX. The main problem of decentralized exchanges in the dilemma: in any case, someone must serve the exchange, if someone serves it, then such a exchange can hardly be called decentralized. You need to research, now there are some interesting DEX's.
The Stakenet DEX will be controlled and run by masternodes, no one else. |
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Most times "decentralization" is just a fad,what concerns people is "CONVENIENCE"
Which is EXACTLY why Stakenet is such an awesome project. The Stakenet DEX don't need your personal info, accounts, or anything like that, but one of the best parts is, you don't need to sync up with the network before you start trading either, as all the chains is hosted by the nodes running the DEX. Not only that, but you'll be able to trade instantenously, with very very low fees. THAT's "CONVENIENCE" to me at least |
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Decentralized exchanges will grow over time, there is no doubt about it.
The current DEX solutions on the market doesn't really work that well. First of all, you need to sync up with the DEX, second you need to make an account on most of them (Which is not decentralized at all?), and 3rd, the transaction times is SLOW due to atomic swaps.
One of the most promising DEX solutions currently in the making is Stakenet's Lightning DEX - Which is a DEX powered by 2000+ masternodes, who's gonna host the chains on the network. This means you will never have to sync with the network. By utilizing Lightning, you'll be able to trade instantenously, and with next to no fees.
On Bitcoin however, there is really no incentive to run a lightning node, since the returns from fees are so small, but with masternodes already paid in block rewards from the network, the lightning channels is only an added "bonus" to the whole network in terms of profits.
Do your own research, but I'm sure decentralized exchanges will grow over time. Look at the recent news where a lot of privacy coins have been delisted from centralized exchanges. Privacy coins will flourish well on DEX's, I'm sure.
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I used to do cold staking, before I switched to masternodes. Really worth looking into cold staking projects, as it saves you a ton of electricity. Stakenet (XSN) developed the first cold staking tech on the market (And the best one I know actually, and it's been working ever since. I switched to masternodes, because they're soon getting 3-4 more passive revenue streams from dApps, cold staking contracts, privacy transactions, lightning transaction fees, and more. Mined some doge back in the days, but was never too profitable doing so, and my computer heated up like crazy, mining is definitely not for everyone |
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Privacy coins will flourish on decentralized exchanges, which will be a huge competiting market to all the centralied exchanges we've got today.
Most DEX solutions currently available just isn't good enough, or worth peoples times, which makes sense when you think about. All DEX solutions is based on Atomic swaps, or something even worse, which makes trading extremely slow on a peer to peer level.
Do some research on Stakenet (Which will add privacy as well), who's building a Lightning DEX. I personally believe that's one of the greatest ideas in crypto right now for a true working DEX with instant trading, low fees, and 100% privacy, as you don't need to submit KYC, open accounts, or even sync with the network.
Do your own research, but it's definitely one of the most promising projects out there currently in this space.
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It does look promising as a project "supporting" BTC and LTC in a way.
There are so many projects out there - It's hard to predict which way the market is turning short term, but in the long term I'm sure XSN will do just fine.
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I'm betting on XSN as it never pumped (launched in march 2018), AND was launched fairly. All time high of $0.7, which isn't crazy high. Down to like $0.07 now due to the altcoin bleed
Masternode coin (2100 active nodes)
Inventor of TPOS Cold Staking (Trustless Proof Of Stake)
Supported by: Ledger, Trezor, Xeeda, BUT they are developing their OWN Hardware wallet callet: VIPER
Multi Currency Wallet with inbuilt lightning swaps and TOR-integration for privacy (Worlds first) - In PUBLIC Beta testing right now
Developing a Lightning DEX - Instant trading, NO KYC, No accounts, NO syncing time, Close to NO fees
All dApps (including the 2 above is run by the masternodes, which are paid for their services, so by owning XSN masternodes you'll be paid a multitude of different rewards for hosting them, which is something never seen before in crypto, not to this extent at least).
There is MUCH more to tell, including Cross chain staking, masternode monitoring and hosting services etc. etc...
Do your own research, not gonna tell you how high of a price this project can reach, but you do the math. This is probably the next masternode to reach a very very high price due to it's multitude of different income streams from dApps, privacy transactions, cold staking contracts, and more.
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Although not less than 1 mio marketcap, it still deserves to be mentioned as one of the most undervalued projects I know.
I'll make it as short as possible, even though it's incredibly hard to do:
Masternode coin (2100 active nodes)
Inventor of TPOS Cold Staking (Trustless Proof Of Stake)
Supported by: Ledger, Trezor, Xeeda, BUT they are developing their OWN Hardware wallet callet: VIPER
Multi Currency Wallet with inbuilt lightning swaps and TOR-integration for privacy (Worlds first) - In PUBLIC Beta testing right now
Developing a Lightning DEX - Instant trading, NO KYC, No accounts, NO syncing time, Close to NO fees
All dApps (including the 2 above is run by the masternodes, which are paid for their services, so by owning XSN masternodes you'll be paid a multitude of different rewards for hosting them, which is something never seen before in crypto, not to this extent at least).
There is MUCH more to tell, including Cross chain staking, masternode monitoring and hosting services etc. etc...
$5 mio marketcap, and only this low because they launched in march 2018 (middle of the bear market).
Best of all? It's launched fairly, so no ICO.
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Removed Image
Why are you posting this here? Seems like spam more than anything. Removed the image, since I don't wanna clog up this thread more than it is. lol |
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These guys know a lot about the business. They will turn the blockchain industry upside down. Since all people will be able to start using bitcoin even more. I think the Lightning Network will kill the altcoin market. But it's not scary because we will be able to use bitcoin with lightning-fast transactions.
The Lightning Network will enhance the whole user experience of a TON of alts, as soon as people find out how FAST it is to interact with - In fact, we've seen a lot of projects move to Lightning recently, which is a good sign for further adoption of the technology |
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Its the same people who wants regulation on the open crypto markets. NO we don't!
I don't need uncle SAM to know what I'm trading, what I buy, or anything else for that matter. Bitcoin and crypto wasn't invented to regulate it, better buy stocks if you are in that belief!
Decentralized trading is gonna be huge soon, which is why I'm very excited to see Stakenet's Lightning DEX solution which will compete against against a LOT of other DEX solutions. It's gonna be superior in trading fees, speed, and liquidity, since it runs on Lightning through masternode lightning hubs.
Do your own research on this one, but this project aims to REMOVE all kinds of regulations from crypto, and will enhance BTC and LTC massviely with their dApps.
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Greed will move the altcoin markets again eventually. This long bear market will make people capitulate near the bottom to move their funds into BTC, when the vast majority of people have sold to BTC, you'll see altcoins start to perform again, the whales will buy all your bags at a 99% discount, and will again make hundreds, or even thousands of BTC in return. Don't think we'll see a year like 2017 again anytime soon, but when the major altcoin projects starts to release their products, I have no doubt in my mind that we'll see some great movements again. The hype train seems to be long gone, people have lost confidence (for now) in the altcoin market, but greed will turn back, don't even worry about that. Personally I've diversified a small part of my BTC stack into LINK, ADA, and XSN. XSN being the most undervalued of all of them by a long shot. TPOS - Trustless Proof Of Stake Stakenet was the inventor of TPOS, which gives you the option to stake your coins trustlessly (offline) through a merchant who'll take a fee for doing so. (You can be your own merchant if you setup a VPS for it). Hardware Device: VIPER Stakenet is supported by Ledger, Trezor, and Xeeda, but despite the fact that they are nice hardware wallets, Stakenet aims to build an even better one. See the their roadmap for more info on that. Stakenet.io - Online Staking Platform, Masternode Monitor, and Masternode As A Service Platform Stakenet aims to make staking easy for the average newbie, providing a service where you can store your XSN on their website. This is a centralized solution, and it's strongly adviced that you only keep small amounts here. From here you can Stake XSN, PIVX, and Stratis (More POS coins coming) Besides that you can monitor your Masternodes, which means you'll get an email if one of your nodes goes down (extremely handy btw). You can also use their "Masternode As A Service" platform to host your masternodes on, while still having control over your coins. (They just setup a VPS for you, makes it easy to setup a masternode, even for a complete beginner to crypto). Lightning TransactionsStakenet was the 3rd project worldwide to implement lightning on mainnet. (Right after BTC/LTC), and they even helped the Litecoin developers with the final lightning integration. Source: https://litecoin.com/en/news/litecoin-foundation-x9-devs-partner-to-support-ltcd-and-lightning-networkMarketcap Total marketcap of XSN right now is below $7 Million. Upside potential is massive on this one. Apart from all of this, they also plan to work on Cross Chain Proof Of Stake (Stake XSN, Get your rewards in LTC/BTC/DASH or whatever you choose). Their DEX aggregator, Mobile Wallet, Multi Currency Light Wallet with inbuilt Lightning Swaps and TOR integration |
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I know BTC is king, and I know BTC and LTC are leading lightning network and I know XSN is one of the only projects innovating on lightning besides the other 2. However, I am unsure why it matters?Can someone explain to me why lightning matters? How does it work?
Why is masternodes collateral necessary?
Stakenet's idea is to put its second layers - the Masternode (MN) network and the Lightning Network (LN) - at the service of each other, and to bridge between the different blockchains with Lightning Network. Stakenet's MN will be: - LN nodes, providing more decentralization to the LN. - LN watchtowers, offering more security to the LN. - Bridge nodes between the different blockchains with Lightning Network (BTC, LTC, ...). Stakenet's MN will use their collateral to provide liquidity to LN, i.e. instead of having the collateral 'stuck' in the MN, it will be used to open large LN channels in order to route LN payments. Stakenet will offer Lightning Swaps, i.e. swaps between two different cryptocurrencies on the Lightning Network. Lightning swaps - which are off-chain and therefore instantaneous and with little fees - should not be confused with Atomic Swaps which are on-chain and therefore slow (need to wait for confirmation on both blockchains) and expensive in fees. Lightning Swaps will be the basis of Stakenet's Decentralized Exchange (DEX), which will run on Stakenet's Masternodes. Why can't people just swap directly to one another on LN? Why is a lightning node necessary? Users don’t need their own Lightning Node to do Swaps they just connect to the network we have. You need the network to keep track of all the transactions and monitor the balances otherwise what would verify everything In fact, each Stakenet wallet is a Lightning node, but the advantage of the Stakenet wallet is that it is a light multi-currency wallet (with desktop and mobile versions), which means that you don't have to download the 240 GB Bitcoin blockchain or the 22 GB Litecoin blockchain to be able to use the Lightning Network, or to make Lightning Swaps. Interesting, because the way I understood it, was that the masternodes running the dApps, host the blockhains on their servers, to make it easy to connect with the DEX (No syncing time), this sounds pretty cool actually, more decentralization isn't a bad thing, no? |
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Sounds like a promising project. One that I've been eyeing for the last couple of weeks. Lightning is a great tool to "make Bitcoin great again", since you'll be able to compile a huge number of transactions into a few using a second layer. I don't see why this wouldn't be popular amongst traders who wants to avoid KYC, and regulation. I mean, instant trading while in control of your own keys at all times is cool, and I wonder why nobody has ever thought about this before? Following this thread |
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Any altcoin right now is undervalued, and I'm sure a select few will perform way better than the rest of the market.
We'll run into huge scaling issues soon, if we don't make use of off-chain transactions through Lightning channels. It goes for any project wanting to go full scale really (with a few exceptions).
One of the project I'm having my eyes on is Stakenet. It's one of the projects focusing the most on Lightning Transactions, which opens up a wide range of possibilities, and removes a LOT of limits we currently have.
Lightning has been accused of being a "centralized" solution, but Stakenet uses masternodes to act as Lightning hubs, so their setup is actually genius when you think about it.
They are building the first Lightning DEX
First Lightning Multi Currency Wallet (With inbuilt TOR-integration), adding support for USDT (Which announched they'll be moving to lightning as well), this makes it possible to tether up inside your own wallet, without risking your assets to a centralized exchange. It's currently in open BETA.
Do your own research, but it's definitely one I'm keeping a close eye on!
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