Hello,

I'm not a "shilling" service. I work for Stakenet and have done for nearly 2 years now.

I was contacted by Zentoshi to help them with their marketing. After talking with the team and checking everything out I agreed to help them as long as it didn't distract from my work with Stakenet as I was interested in their work on game services.

I helped them setup their Medium page, get their social channels organised, setup a social media promo for Twitter, Facebook and Medium.

When they launched their ANN thread I did indeed make 2 posts on it to give it a bump up to help give it some visibility. Sorry if this is such a huge no no on here. To be fair in regards to the testnet question I actually didn't know at the time so while I could have just asked in the Discord I posted here as I was looking through BTT at the time anyway when I thought about it.

So there you go I made 2 posts, one of which was actually a genuine question at the time, I am the devil lol

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.

I'm hooked on XSN. This project has got so much going on that most people out there would think something like "but they have way too much shit going on, and will probably never reach it", but truth is, they are working on it regardless of the time it takes and they have a greater vision than just completing the developments, because they already planned out the entire project out 5 years ahead and knows that everything they are working on now, will work together flawlessly. Such as cold storage/staking/exchanging/payments, their DEX, their hardware product, their online site, their light wallets, their masternodes - well, just everything will be one big, very easy to use platform.

I love it.

Stakenet activated segwit (p2sh and bech32) in summer 2018. Right after they enabled the lightning network and finally made their first atomic swap due to the lightning network a few weeks ago. The mainnet guide for the average linux operator was published a few days ago.

The decision to use segwit addresses is based on the previous risk of badly formatted transactions by bundling of micropayments in lightning channels which could cause different tx IDs for the same transaction. By avoiding this risk with the use of segwit addresses it is possible to upgrade the current masteenodes in so called watchtowers. These watchtowers are a combination of masternodes and lightning nodes and multi-payment-provider. Stakenet believes, that masternodes can be much more than just coinmixer, instant sender and governance provider. Therefore, we modify our masternoders (which already become watchtowers) again and empower them as lightning-channel manager and liquidity provider by using their colloteral to fund the lightning channel. Each masternodes will be a fullnode and lightning channel for at least stakenet with the possibility to add other fullnodes and lightning nodes on top of it for any other lightning compatible currency of your choice. In the end, every masternodes with the same fullnodes will act as a failover node for any other masternodes with the same specs. The result will be a highly liquid lightning network with no risk of coin hostage or delays of a pending channel opening/closing.

Best regards
JStarhead | X9 Dev

I am not selling you shit. I say at the beginning of every video, buy or don't buy the coin, it's irrelevant in the long term. We are here to build tech, and we hardly market for the love of baby Jesus.  We only hired a marketing manager last month! In your case, DO NOT BUY OUR COIN! Move on! We do not want you to be a part of the project.






Umm sry already in & there is no one to sell to on live coin at the moment so you're stuck with me . Glad to hear I'm wrong about so many assumptions about XSN tho .
        Truly sick of the. " , buy or don't buy the coin, it's irrelevant in the long term. We are here to build tech, and for the love of baby Jesus"  < see what I did there lol

Anyways, you're looking for believers ? Supporters ? Thats investors in this world . I know its more fun to just have hoodlers or grow the army" but what you need is investors & people to adopt your coin . You've always have the option of just working on other coins , but you made your own coin & have said want to make it the only coin one should need to own no ? So saying its irrelevant & you're here to build tech is a bit disingenuous . I'm here to make money supporting decentralized banking & got into XSN based on your statements prior to the release of stakenet.io. So along with the market have been disappointed with that release.
         Its as tho you're unaware of how it looks when you blur the line between TPOS and stakenet.io . not one time have I seen you say anything along the lines of TPOS IS NOT AVAILABLE THRU STAKENET.IO .... Rather its always we have implemented TPOS & stakenet.io is up and running , hop on and stake some coins . for me it wasn't till I sent some coins that I realized hmm maybe I should have just set up a node , this is not what I thought it would be....

 If you're being genuine about your motivation maybe you can speculate about why these milestones are being widely disregarded by the market ? Idk dude , I've asked a bunch of questions here over the past 3 weeks that no one from your team has had time or interest in responding to & its got to the point of HAVING to consider the possibility I bought into some BS .
          While I actually know exactly what I have bought, its good for you to address your supporters concerns & answer their questions.  

For now XSN lay somewhere between the best possible investment in crypto & quite possibly ...................the worst........ Like if you feel the coin is irrelevant and you re only here to build the tech , put that in front of all your statements here & on Twitter & be flat out like honestly don't buy this coin right now its overpriced , but pls donate if you like the idea of a cross chain platform where all master nodes & POS chains can come together . I could have thrown you a couple grand & have still saved a few bucks

Honestly, this response is much more coherent and genuine, so I am happy to respond. Sorry if i came across as gruff in my original post, but your post frustrated me with significant, negative, and unfounded accusations. It's hard when you work hard, and someone comes across as dismissing it as a "scam". Hurts a bit to be honest.

Anyway, addressing your points: That's a great question why our advances have not seen the uptick in the market that we hoped for. That is a bit frustrating, and the team is discussing it regularly. We believe the issue may be in lack of marketing, or one of several other issues, including the general bear market. Phore, Alqo, and several other serious projects are seeing the same drops we are (which sucks). We are working on getting to the bottom as to "why".

I'd like to correct one point. I did not say the coin is irrelevant. I said whether you choose to buy or not buy is irrelevant. We are not "selling" as most do in crypto. We want to stand on the merits of what we make, and we do not shill.


"Wolf"
That's great! You've said your piece, you don't like us, move on! We are not selling anything to anyone. You either believe in what we are doing or don't. In your case, you obviously don't, so move on to another coin my friend

To be clear , much like the rest of investors I don't know who " us " is but I might not like you .. I certainly don't like the way you communicate or the fact that you seem to be the one handling the PR or you being the one that will be communicating with incoming investors .. But have hopes voting might end up being a thing & that changes

As I mentioned, I am sorry my post came off as gruff. This post seems much more genuine, and i appreciate that. So thanks.

When you say you don't know who "us" is. We have our identities on xsncoin.io. Why do you want to meet? Come to our discord and I am happy to connect you with any team member or role you wish.

"Falce"

for the mroe popular security option, which would also allow tpos, the ledger hardware wallets, i dont think we will see the integration too soon. no working wallet makes the integration somehow useless, the proclaimation of making a own device as competing product might not be very motivating to ledger as well. but if you wanted to get the word of tpos out to sec enthusiasts, i guess a ledger/trezor integration would have opened more doors than another xsn project

so to answer the question if tpos and stakenet cloud are innovative

yes, but not broadly applicable (tpos)

Agree bad move to. Suggest they would be comp to ledg , was meant to motivate them to speed things up ? Because that's crazy & still not convinced they have received everything from the team they need to get it integrated.... Bad move because how else do you prove cold staking ?  And as for TPOS being broadly applicable , I THOUGHT WE WERE ALL SUPPOSED TO BE PLAYING WITH A stakenet.io THAT WOULD ALLOW AT LEAST 3-4 DIFF COINS BY NOW.
        That would have made it broadly applicable. Fact is now losses of greater than 60% over the last month are about to be greatly compounded by bitcoins rise & I know I will be lucky to get my initial investment back out this trap if the team can't deliver the rest of Q2s road map by the end of Q3.      & if they don't its going to be disgruntled buyers from after the swap & whoever else that was around pre swap that isn't turned off by the shilly & pompous face of XSNs public relations

They did deliver ? Lol your shilling and trying to sell as much of this cheap as possible before BTC takes off ..& to WOLF ! The team has way way more $ than many many coins that did ICOs plenty sold above 50 cents & has seen another 20% gain in BTC since then . But FACT is if you actually did deliver your Q2 road map it would be written up on every crypto news site for free .. The fact that you didn't and you do have the funds to promote makes it look like you don't want to WASTE the money IE getting what you can for the coins NOW before BTC takes off is your real project

Honestly, the fact that i was dragged back in here when i have so much shit to do has annoyed me.

TPOS and Stakenet Cloud are not new innovative tech? Who else has those?

How do you know we have "way way" more money than ICO's? This is not an "alternative facts" coin. Show your evidence, because I will bet my mother you are dead wrong.

     I also suspect Frank's hunt for retail investors has concluded as buy orders on live coin have been 1 BTC or less the last 4 days ? Would that be correct ?

He's been on the team for 2 months! We are on the phone regularly speaking to retail funds and ascertaining how to best work them in. You are not even close on this one.

    Guy with a nice stack of BTC joins the team & the price pumps 1400% after the swap. & wolf is still on here acting like that was due to the delivery of BREAKTHROUGH tech .. Its a basic staking wallet & that's all it is thus far . YOUR SAYING ITS GOING TO BE THIS OR THAT IS NOT WORTH ANYTHING . its BS.  Note the BS post I quoted here ... " they deliverd "   I'm holding & going to wait & see what happens "  I'm confident in xsn "   that's someone trying to sell coins not someone objectively looking at what's going on here ..

I am not selling you shit. I say at the beginning of every video, buy or don't buy the coin, it's irrelevant in the long term. We are here to build tech, and we hardly market for the love of baby Jesus.  We only hired a marketing manager last month! In your case, DO NOT BUY OUR COIN! Move on! We do not want you to be a part of the project.

& Wolf I have a question. HOW many nodes does the team own ? Because 1550 nodes?    &  the way Twitter and youtube look and bitcoin talk look your followers are in the hundreds .  I ask because the inflation rate , which I assume is 80% or more going to team owned nodes is HUGE for how its priced in conjunction with the small community ...

I have 3 nodes personally. I don't know the rest of the team as we are strictly precluded from talking price or holdings BECAUSE THEY DO NOT MATTER in the long term. The tech matters.

END THOUGHT FOR NOW IS YOU GUYS ARE PROMISING TO DELIVER S&IT THAT WOULD DEFF BE HUGE FOR CRYPTO & MAKE XSN A VERY VALUBLE/USEFULL COIN
  
AT THE SAME TIME YOURE FALSLY CLAIMING TO HAVE ALREADY DELIVERED SOMETHING YOU HAVE NOT  DELIVERED "

THE LACK OF INTEREST HERE ON THIS THREAD & THE FLUFF TO GENUINE POSTS RATIO HAS REACHED CRITICAL LEVELS , THE BOTTOM HAS DROPED OUT OF BUY ORDERS & THAT SEEMS TO BE THE ONLY REASON ITS NOT DROPPING FASTER ..

IM JUST SAYING HOW IT IS & WHAT IT LOOKS LIKE

That's great! You've said your piece, you don't like us, move on! We are not selling anything to anyone. You either believe in what we are doing or don't. In your case, you obviously don't, so move on to another coin my friend.


"

Hi there, i will try to answer all of your concerns in order.


You're right. The wallet launch was not flawless, and i agree (even as a team member). I hope you can understand this wallet has alot of "firsts" within the MN realm, and there is a notice in the wallet that this software is experimental. Thing is, we are pushing the envelope here. We aren't looking to be basic like most coins. When you push the envelope into new territory, there are bound to be hiccups in the dev realm.

DUDE...THIS WALLET WITH ALL THESE FIRSTS IS A PIPE DREAM AT BEST & A SALES TACTIC FOR JUST ANOTHER ERC20 TOKEN AT WORST FOR ALL ANYONE KNOWS . WHEN YOUR DEALING WITH A DEV TEAM THAT SHAMELESSLY CLAIMS TO HAVE JUST MADE A GROUNDBREAKING RELEASE IT LOOKS MORE LIKE THE LATTER EVERY DAY .

again from wolf "All of these features are coming my friend. It's been like 3 weeks since release, and again none of this has been done before in crypto! If you know us, you know we deliver. and we will.

SERIOUSLY NO ONE KNOWS YOU !! AND ITS BEEN 3 WEEKS SINCE YOU CLAIMED YOU RELEASED A FIRST OF ITS KIND TPOS WALLET lol. ITS JUST A RUN OF THE MILL STAKING WALLET WITH SOME GREYED OUT FUNCTIONS . WHY DID YOU EVEN RELEASE IT IF YOU SAY YOU NEVER UNDER DELIVER ? 


This isn't accurate most of our promises are delivered on time, although i acknowledge that we need to strive to be on time 100%, which we currently are not.


DELIVER WHAT ? YOUR SWAP ? YOU JUST TALK LIKE YOU HAVE A TRACK RECORD & YA DONT ITS CREEPY . I REALLY DONT KNOW WHAT YOURE REFERING TO , WALLET UPDATES ? JUST TO GET STAKING WORKING ? QUARTERLY UPDATES PACKED WITH FLUFF ? OR THE SWAP ? DUDE ITS THE FIRST OF ITS KIND STUFF THAT YOU HAVE DELIVERED ZERO OF THAT MATTERS .


All of these features are coming my friend. It's been like 3 weeks since release, and again none of this has been done before in crypto! If you know us, you know we deliver. and we will

AGAIN NONE OF THESE FEATURES HAVE BEEN DELIVERED . ITS BEEN 3 WEEKS SINCE YOU FOOLISHLY MISSED YOURE RELEASE DATE & PUT OUT A MEDIOCRE WALLET.  & IT LOOKS LIKE THE ONLY REASON TO DO THAT WAS TO AT LEAST PUT SOMETHING OUT & CLAIM ITS ABOUT TO GET ITS FEATURES THAT WOULD MAKE IT WORTH SOMETHING , BUY YOURSELF SOME MORE TIME TO SELL ....

if i wasnt with this coin(and its predecessor) since jan2017, i'd just dump too i guess. the devs did not deliver a working product for anything from the q2 coins development and stakenet.io still is - as poswallet2.0 - nothing but an online staking wallet for their own coin.

So for the coin part i'm not really that pessimistic, but the lack of sense in some decisions around the coin is incredible. the first release of the 1.0.10 wallet was just awful. it simply did not work, and opened scammers doors to very gullible people wanting a fix. the wallet is said to have been tested, the testnet itself was made private though. so instead of using a public testnet - as announced - to at least minimize the risks of all kinds of errors, they tested on their own, in their own environment, all of them being demanded to be tech savvy, which is for sure not the wrong group of people in the beginning of testing, but before the release, it should have been tested by "normies" as well. that would have been thoroughly. anyways after waiting a few days for the fix, which as always was promised for far too soon - "underpromising - overdelivering" - there is a release, again without any proper public testnet announcement, but by just releasing it as pre-release. people downloaded it again, it has about the same flaws as the release before - at least when reading up on discord. all of that combined with messages since the first release, that everyone, who will not update until 24th will get banned. so we have a two-times not working product, which is forced on the community without thourough community testing, but as a beta on the mainchain. most fun is that the devs are just not willing to move the date for getting banned with the working wallet, because fu it seems. i really dont know what else goes through their minds, when not being able to fullfil their own deadlines, leads to insisting everybody else has to...  

Hi there, i will try to answer all of your concerns in order.

You're right. The wallet launch was not flawless, and i agree (even as a team member). I hope you can understand this wallet has alot of "firsts" within the MN realm, and there is a notice in the wallet that this software is experimental. Thing is, we are pushing the envelope here. We aren't looking to be basic like most coins. When you push the envelope into new territory, there are bound to be hiccups in the dev realm.

Your main point is still relevant however. In future, we will be labelling all test releases "As test" so community members who wish to assist with bug finding can, and those that don't will avoid it until a stable release is out.

for the page - yeah i dislike the idea of centralized staking within a project so proud of decentralization. no tpos, no pooled mn, no mn hosting, just nothing that makes any difference to poswallet2.0, and still a lot worse than the first poswallet. promising a shitload, marketing it a a way people think it will be more, even making a countdown - and then. Countdown disregarded and release of one function.

All of these features are coming my friend. It's been like 3 weeks since release, and again none of this has been done before in crypto! If you know us, you know we deliver. and we will.

i for one cannot remember a single time when the devs delivered some major update on time and i dont really care, because delays just happen. but thats the minority position, to not believe in marketing as much as tech. but i get the problem that not techy people, who are in the markets to simply earn money - and who are a big reason why most intelligent people in crypto are making money as well - who get advertised to with stakenet.io will have polled mn, mn hosting, ....  - then release - one function -> and then get something like "we never said anything will be implemented in the start, but an online staking wallet, dyor"(no actual quote) might want to sell.

This isn't accurate most of our promises are delivered on time, although i acknowledge that we need to strive to be on time 100%, which we currently are not.

so there are traders, who dont give too many shits about their tradeables anyways, and sell something because of smaller inconveniences
then there were some scammers, even less shits given about the coin itself
the team has huge bags as well, dont know what they do with the funds or treasury, its just not transparent, so there could be some market making as well (i dont think that they are malicious, but intransparency never leaves a good taste, especially when there are "votes" for treasury without options). and even if there was no market making, they will have to get some parts into fiat or btc as well, a lower xsn price does not lead to lower permanent costs (stakenet.io, hosting, ....), but to more xsn getting sold to pay for the teams expanses. that for example leads to higher downwards pressure, just for normal costs.

What's not transparent? We have been swapped for about 5 months and we have already delivered alot! We have a huge backend of developers that are not on the website.

also selling the rewards has the same effect, but looking at the coin distribution, not only should rewards be sold, but the centralization of xsn be stopped. the last few dumps just lead to a point, where the ten richest addresses hold more than a fourth(26.09%) of all xsn.

XSN is not centralized. Stakenet cloud is currently centralized, but it is just an option for people. They can also find a TPOS merchant (marketplace will be on Stakenet.io soon)

especially the last point combined with the exchanges xsn is listed on and the low volume would lead to me not investing into xsn right now.

oh and because i cant read the shit about how poor xsn is compared to icos anymore - you have got a fund consisting of 5 mio for the dev and additional 1,5 for some abscure hardware project, since if two projects hit bumps on the road, its best to just start another one... that would make 6.5 mio xsn which even at lower prices was not nothing (more like ~2mio usd even at the lower end of the price chart) plus the treasury since the swap, so i am not saying you are super fucking rich, but a certain douche stating multiple times on discord, that they would not have millions of dollars since no ico, is just bs because they just have more than (at least) 1 mio and have had multiple millions when the prices were higher.

XSN is not poor. We never said we were poor. We simply said we don't have the insane amounts of  capital you'd have if you ICO'd, which we didn't. Just means we have a careful budget, and we need to stick to it

so why price dump?
people not caring about the project itself, quite possibly traders.
scammers
people who lost faith - the turkish community of xsn seems to have almost vanquished
and an enourmous centralization of coins does not help either, even if you invest a lot, there is some wallets, who have invested next to nothing in the posw times, and might create market disturbances that are just not leading me to the thought, that i want to keep my wealth in tpos or whatsoever in this coin

I have very little amount of stakenet which I bought at $0.5 but I really support this project because they do something new and don't trick their supporters.