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1  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Stakenet (XSN) The KING of DEFI - Scaling solution for BTC and ETH on: November 30, 2020, 09:48:24 AM
-snip-
This stakenet and a bunch user like @OP trying to shiling this token on different board.

I already see a lot of thread about stakenet on almost trading/altcoin board, now they are shining the token by giving some statement about "DeFI" when right now this type investment was quite popular.
Just saw it also and Obviously the First replies comes from a Newbie that almost no post supporting the Post of another newbie that promoting a newbie project also.

Looking at the pattern we can simply find the Idea of them shilling for this Riding for the popularity project.

Almost every New token are Pointing the Congestion in Bitcoin transactions Whenever there is a Hype ,But the truth is they are only gathering a prospective Victims.


I am certainly not a newbie coming here to sell his product.
I've been reading this as a guest for more than 2 to 3 years because I never say anything.
Why should I log in if I only read about projects and lightning or other things?

I support the L2 lightning solution: Yes
I support no KYC: Yes
I support transporting your money as safely as possible: Yes
I support masternodes and the voting system to the team: Yes

Then it's simple, this has stakenet and from day 1 supported by Ledger and Trezor hard wallet.
2  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Stakenet (XSN) The KING of DEFI - Scaling solution for BTC and ETH on: November 30, 2020, 07:36:45 AM
There are many new exchanges available today that could replace UNISWAP like TOMOCHAIN's tomodex, KOMODO's atomic swap, Solana's SERUM DEX, and a few more coming in the future. They provide good service and have quite a high volume of transactions and are of particular interest to the community.
Stakenet may be a new project with a great idea but it needs a specific product with strong community interest. So far I have just learned about this project. This will hardly guarantee their success.

They are on-chain DEX's, which means high trading fees, and slow trading.

Doesn't compare the slightest to Stakenet

What does "on-chain" DEX's mean? I've seen these discussions for a while, and don't understand the logic behind on-chain and off-chain. Is it something related to The Lightning Network? A bit confused here.  Huh Cheesy


I just made an inquiry for you. And got a little more explanation about your question here:
Onchain DEXs: eg Komodo DEX, uniswap, block dex etc: atomic swaps that happen onchain. So they are limited to blocktime (btc blocktime: 10 minutes), every swap has to be confirmed by every miner, so you have to pay a normal transaction fee to the miners (rember Uniswap fees in july which were like 50-100 USD swap), is not very private as you can see every adress in every explorer and  not scalable

Offchain DEX: eg Stakenet Dex, they are using Lightning Network and Connext. These are layer 2 solutions, so it is network built on Blockchains (layer 1 == massive security by mining power), a network between nodes. So no miners are involved here, it is offchain=> more privacy as every tx is only stored in your node, never gets broadcasted to the public explorer. Less fees as you dont have to pay the miners, more scalable (eventually up to 1 Mio TX / second) and faster (~ instant) as you dont depend on block limit or blocktime.


I hope I have helped you further with this.
You can always test the dex yourself or wait for the SSUI of the mclw to be live for everyone. More info can be found in our discord.
3  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Stakenet - Next short term 10x - Here's why. on: March 10, 2020, 08:00:19 PM
I follow all these people from the past. POSW time... Grin

I test the new MCLW and UI is gorgeous!
The dex works as expected and masternodes have a great ROI.

The XSN cloud is awesome!

Buy coins? Livecoin is the best or you wait until the MCLW DEX comes out and buy it so!

Remember that Stakenet can be stored on ledger or trezor!

A little more patience and you can TPOS on Ledger or trezor! check the roadmap or github.

Why not stake coins for more coins?  Lips sealed
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