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361  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: For serious investors (Daily Passive Incomes) on: August 20, 2019, 04:48:41 PM
Passive income is great!

I'm making passive income from my XSN masternodes, and soon when Stakenet launches their many dApps, I'll make even more in passive earnings.
Their multi currency lightning wallet with 1-click lightning swaps and TOR integration is one of their dApps.

Later this year they are releasing the first Lightning DEX, which are run on masternodes, which means you don't need to submit KYC, register, or sync with the DEX.
Instant anonymous trading.

Do your own research Wink
362  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoin features on: August 19, 2019, 06:24:43 PM
I'm looking for projects that enhances the Bitcoin and Litecoin investors, because they are the kings of crypto, and always will be, for a long long time.
Stakenet is my main bet right now for the reasons stated below:


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 MN 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.

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.
363  Alternate cryptocurrencies / Altcoin Discussion / Re: Stakenet makes The Lightning Network Decentralized Using Masternodes. Thoughts? on: August 19, 2019, 06:11:51 PM
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.

There's a lot of haters on Lightning, basically because it's a centralized solution on Bitcoin.
I'd like any doubters to join the discussion and share their thoughts on this. Seems like you know what you're talking about in regards to lightning, which is great.

The DEX idea is great, but if it doesn't provide INSTANT trades, nobody is gonna use it. That's why I'm bullish on this project overall.
364  Alternate cryptocurrencies / Altcoin Discussion / Re: Stakenet makes The Lightning Network Decentralized Using Masternodes. Thoughts? on: August 18, 2019, 12:56:20 AM
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?

Bitcoin and Litecoin is probably the most known crypto currencies around, they are also the oldest chains. They own the most reputation in the crypto industry, and is by far the most used (Not to forget ETH ofc).
As stated in my original post, it matters a lot that these blockchains can scale with the growing demand. If transactions takes too long, nobody will even bother to use it as a currency. There's a reason people call Bitcoin a "Store Of Value", it's a bullshit lame excuse. Bitcoin was meant to be used as peer to peer money, without any centralized entities involved. All these centralized exchanges and their KYC requirements is NOT how Bitcoin was supposed to be used in the first place (Read Satoshi's white paper).

Stakenet is promising because it enhances Bitcoin and Litecoin - Which means people invested in BTC and LTC will benefit hugely from services provided by Stakenet. So in other words, It's not a competitor per say, like most altcoin projects out there, who wants to be "the best", with as much transactions per second as possible.
Most projects only focus on a couple of things:

Privacy
Speed of transactions
Platform tokens
Oracles

- And the list goes on.

Trading, especially day trading has become VERY popular these days, because the market is as "boring" as it is. Trading on any centralized exchange is risky, since it can be hacked due to it's centralized point of failure.
Guess what happens once you can trade instantly, anonymously, and 100% trustlessly through a Lightning DEX, which offers lower fees than most centralized exchanges?

Now, with Stakenet's Multi Currency Lightning Wallet, you'll be able to catch a HUGE BTC pump on your way to work, tether up in an INSTANT, (Again without risking your funds on a centralized exchange), and exchange it back to BTC (or any other lightning compatible coin). You'll be able to do that with a simple click on your app while on the go.
All the technical parts is solved by the masternodes running the dApp. You wont even need to sync up with the DEX, nor register, or provide ANY personal informations.

Now THAT is freedom, and it's exactly why I'm accumulating this every chance I can.

Atomic swaps is cool and all, but if you think for one second, that the general public wants to wait even 2 minutes between each trade, you're delusional. Atomic swaps is NOT a great solution for a DEX, Lightning is.
365  Alternate cryptocurrencies / Altcoin Discussion / Stakenet makes The Lightning Network Decentralized Using Masternodes. Thoughts? on: August 17, 2019, 12:25:38 AM
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 MN 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.

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.




I'm a huge fan of Lightning, but don't like the centralized part of it - Seems like Stakenet got a solution to make it Decentralized, which is pretty damn cool.
The project aims to enhance the user experience of BTC and LTC payments with their upcoming dApps like their Lightning DEX, and Multi Currency Lightning Wallet.

What are you guys thoughts on this? Honestly if crypto ever goes mainstream, you'd be waiting WEEKS, if not MONTHS for your BTC and LTC transactions to arrive, which is simply not sustainable, let alone the increasing high fees.
I know there are crypto alternatives like NANO, but BTC will play a HUGE role in crypto moving forward, and needs to scale properly.
366  Alternate cryptocurrencies / Altcoin Discussion / Re: Are you Bother of the latest Cryptocurrency price drop? on: August 17, 2019, 12:15:22 AM
History repeats itself guys...

Bitcoin takes the market dominance, then alts boom (because whales wants to accumulate more BTC), alts pump, then Bitcoin gains dominance again.

When the dominance of BTC is high => Diversify in Altcoins
When the dominance of BTC is low => Go all in BTC (or any stable coins you want)

You obviously can't time the bottom, but I'm buying as many ALT's as I possibly can right now. Scooped up another 100k ADA today, but a project I'm keeping a very very close eye on currently is XSN.

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 MN 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.
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 masternoses 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.

367  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Dex exchanges are safe? on: August 15, 2019, 06:54:25 PM
Keep an eye on Stakenet's Lightning DEX solution which quite frankly isn't working in such a way as you describe.
It's not gonna need your personal details, which means, NO KYC, NO registrations, or anything. Just straight up trading from the get go. Using the lightning network, you'll be able to trade via lightning channels to reduce transaction costs.

It's the only DEX solution out there, which I personally believe have a chance of being used by everyday people, and not just the community members themselves.
Nobody wants to use a DEX, and wait half an hour for their trades to go through. Off-chain transactions are important for the overall user experience.

Again, keep an eye on the project - It's legit since they actually partnered up with LTC to help them on Lightning as well. Wink
368  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoin today on: August 14, 2019, 06:51:21 PM
Everyone is panicking. Selling their alts at a 90% loss, meanwhile I'm buying as much as I can.

You really think BTC's dominance will keep going? Don't be delusional. Sure a lot of altcoins will die, but if you accumulate coins with a bright future and use case, you'll be golden once alts starts to dominate again.

Buy when there is BLOOD on the streets, that's what I'm doing.

I'm buying up as much XSN as I possibly can right now, due to the fact that their work on the Lightning Network has been incredible so far! In fact they helped the Litecoin team implementing Lightning on mainnet, through a partnership.

They're building the first Lightning DEX in the world, supporting cross chain capabilities, including cross chain proof of stake.
They invented cold staking as the first project
First project to implement Segwit, Masternodes, Atomic Swaps, and Lightning at the same time on mainnet.

The way Stakenet works on Lightning makes it completely decentralized (unlike BTC) with their genius setup using masternodes to host Lightning hubs that acts as service providers. This makes it possible to faciliate unlimted transactions/second, with next to 0 fees. Something that is needed for a DEX to succeed long term.

On top of that they are building their OWN hardware wallet, competing with Ledger, Trezor, and Xeeda.

Other than that, I'm accumulating ADA, ETH, and XMR Smiley

Just my 2 cents
369  Alternate cryptocurrencies / Speculation (Altcoins) / Re: How much will you get in return? on: August 12, 2019, 06:18:23 PM
Nobody here knows for sure. You gotta pick the right projects if you want to make the HUGE gains though, and by this I mean LOW marketcap projects with tons of potential.

Sure the top 50 coins will perform well, no doubt about that, but if you want to get a 100x or more, you gotta take a bigger risk.

A no brainer is Stakenet (XSN) sitting on a marketcap of just $8 mio.

They are a leading lightning network project, working on off-chain transactions that will make crypto way more convenient and user friendly.
Their Lightning DEX, And multi currency wallet is just a few dApps built on Lightning.

Check it out, and do your own research of course Smiley
370  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Most undervalued & most promising coins of 2019 & 2020 (TOP 3) on: August 11, 2019, 03:13:04 PM
My best bet in terms of upside potential if you want to get into alts right now is Stakenet (XSN)

I'm NOT saying this is the next "LINK", but this one DO have MASSIVE potential - 50x is not unrealistic given the fact that it's sitting at a $8 mio marketcap currently.
It's a fairly new project established in march 2018.

* Stakenet invented Cold staking (Trustless Proof Of Stake)
* Third project to implement lightning, next to BTC and LTC
* Multi Currency Wallet with 1-click lightning transactions and TOR integration for privacy is in public beta
* They've got a pooled staking service for small amounts of XSN
* Masternode as a service feature, making it extremely easy for anyone to trustlessly host their masternode
* Masternode monitoring tool, which let you know by email if your node goes down, also let's you know how many rewards you've accumulated and more!


later this year they will launch the first TRUE Lightning DEX, which will run on masternodes. All the masternodes will host the chains, which means nobody needs to sync with the network, submit KYC, or register anywhere.

If you're looking for a low cap gem, this is a good bet. IMHO

Biggest reason this will take off, is because the project itself enhances BTC and LTC by using the lightning network as a medium of exchange.
Imagine yourself being at work, you check the price of BTC, and notice it spiked $1000 in a few mins, and the first thought you have is: SELL and tether up! You can do that in seconds using the multi currency wallet, once USDT moves to lightning (they did announce that recently). All this at next to no fees, and with 100% privacy and safety, since you dont need to trust a third party to exchange your coins.

Masternodes will be rewarded with all the trading fees happening on all the dApps running on this ecosystem. So if this lightning exchange takes off, which is probably gonna be the most user friendly DEX out there, it's gonna pay off BIG time.
371  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Good NEW Staking Coins? on: August 08, 2019, 03:53:34 PM
You gotta look into Stakenet (XSN) if you want a good and reliable staking coin. Best part? You can COLD stake it - Stakenet literally invented their own solution, which is completely trustless.

Proof of stake coins is nice, they add a nice extra passive income, but if you want to be truly wise about your decision, pick a project with an actual future, a project which develops stuff.
You'll be burned HARD if you stake high percentage proof of stake coins, since they fall in price WAY too fast.

Stakenet was launched march 2018.
First POS coin to implement Segwit, Masternodes, Atomic Swaps, and Lightning on mainnet.
Partnered up with Litecoin to help them integrate Lightning on mainnet. Source: https://litecoin-foundation.org/lightning-network-collaboration-with-x-9-developers/
Fixed a huge flaw in Pivx code which made it possible to exploit their seesaw mechanism between staking and masternodes
Building the first world LIGHTNING DEX, which means instant transactions, and lower fees.
Their Multi Currency wallet with 1-click lightning swaps is in public beta. TOR integration as well for privacy.
Developing their own hardware wallet to compete with Ledger, Trezor, and Xeeda (Even though they are supported by all of them already).


This project is a TRUE gem, and it's marketcap is insanely LOW.
I'm still accumulating this hard. Wink
372  Alternate cryptocurrencies / Altcoin Discussion / Re: THE FUTURE HOLD FOR ALTCOINS? on: August 07, 2019, 04:06:58 PM
The way I see it, is that you need to invest in altcoins who actually innovates either by making crypto easier to transact with (platform coins like: ARK, NEO, Ethereum, etc.) Or projects which builds on privacy, (XMR, DASH, Zcash)

The days are over for literal SHITCOINS with no purpose. You need to bring something to the table, like any real company (Just like the stock market basically).
The market needs to mature, and it's a long long process.

Personally I'm betting my money on Lightning Development for a couple of reasons:

Speed of transactions
Lower fees

A true gem, I've been eyeing is Stakenet (XSN) who's leading the development of Lightning with their upcoming Lightning DEX, and Lightning Multi Currency Wallet (With TOR integration for privacy).
I can see this project becoming really useful for transacting peer to peer, without the risk of getting your funds stolen in exchange hacks etc.
Also, no need for KYC, Registrations, or syncing up with their DEX.

Whatever you do, don't invest in projects with 0 to no development, and you should do fine once the market turns around Smiley
373  Alternate cryptocurrencies / Altcoin Discussion / Re: Why do we always have to pay fee? on: August 07, 2019, 03:52:24 PM
Transactions fees applies to a wide variety of services including crypto.
Is the fees too high? Yes

The very reason for this high fees, is because they can get away with it. Due to the nature of Bitcoin, everyone is used to see high fees, whenever they send and recieve BTC. Hopefully Lightning transactions will change the way people look at this fee model being forced down on us.

As soon as Stakenet (who's leading the development and innovation on Lightning) releases their multi currency wallet with inbuilt 1-click lightning swaps, you'll be able to trade and exchange your coins for a FRACTION of that. The coin you transact with needs to be lightning compatible though, however more and more coins is implementing it,  USDT for instance has announced they'll integrate it, making it possible to tether up inside your own wallet in seconds.
374  Alternate cryptocurrencies / Altcoin Discussion / Binance seems to be HACKED once again. KYC documents leaked on: August 07, 2019, 03:44:27 PM
https://www.cryptoinformers.info/news/10284-dedicated-telegram-channel-uploading-kyc-documents-which-it-claims-are-binance-user

I HATE KYC. I hate centralized exchanges, and even though this hack is labeled as FUD, it just goes to show how vulnerable these exchanges are.

I can't wait for the day, when the majority of our trading is perfomed on DE-centralized exchanges. We need centralized exchanges still, to move FIAT in and out, but when people can't trade without risking their personal details getting leaked left and right. Their funds getting frozen, or worse HACKED, and the government sending out TAX letters with ALL the info gathered from Coinbase and other exchanges.

Bitcoin was meant to be an ESCAPE from our current financial sector and banks, yet here we are 10 years later with the same problems we have with FIAT.

Bitcoin is getting slower and slower due to widespread adoption, and it's fees are crazy high. We need offchain transactions to eliminate those high fees, AND long transaction times.
The current DEX solutions using atomic swaps is too slow (Komodo is a great example of that). We need a lightning DEX - And thankfully there is one being built right now by the X9 devs behind Stakenet (XSN).


I still use centralized exchanges, but only to deposit FIAT into, my crypto is NEVER converted back to FIAT, instead I'll spend my crypto on goods and services.

What do you guys think? Smiley
375  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What does the future holds for crypto? on: August 06, 2019, 04:42:33 PM
I know one thing...

If Bitcoin gains more momentum, and LARGE scale adoption it's gonna be a PAIN in the ass to use. Expect to wait WEEKS for your transactions to be confirmed. Litecoin, and all the other popular crypto currencies will experinence the same thing.

We need lightning swaps, for instant transactions with low fees, which appeals to everyone - except for the old school Bitcoin maximalists who believes it's not decentralized enough as a solution.
- They may be right, but a project I've been eyeing lately has a great solution for that.

Stakenet is building and innovating upon the lightning network, in fact they helped the Litecoin team implement lightning on mainnet. Source: https://litecoin-foundation.org/lightning-network-collaboration-with-x-9-developers/

With Stakenet, you'll be able to trade anonymously, with next to 0 fees, instant and unlimited transactions/second using their Lightning DEX dApp, which is actually just ONE out of many dApps being controlled by 2100 masternodes (And growing)
This setup is genius, as NO ONE can take down the DEX once it's launched, not even the devs themselves, as it's decentralized - Would mean you had to stop all the nodes from running all at once. Good luck with that.

Stakenet enhances Bitcoin and Litecoin with it's services, so if you believe in crypto long term, XSN might actually be a decent hold.

They got way more to offer, like cross chain staking and their own hardware solution, but I challenge everyone interested to do their own research on this one.

Just my 2 cents.
376  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Almost all the altcoins in red again! on: August 05, 2019, 04:52:27 PM
Bitcoins dominance is hitting 2 year all time highs, and I believe we're getting closer and closer to a reversal of this pattern.

Altcoins are oversold, buy when there is blood on the streets. It's impossible to catch the bottom of the market, but diversifying into altcoins right now, might be a good idea after all.

My best bet in terms of upside potential if you want to get into alts right now is Stakenet (XSN)

I'm NOT saying this is the next "LINK", but this one DO have MASSIVE potential - 50x is not unrealistic given the fact that it's sitting at a $8 mio marketcap currently.
It's a fairly new project established in march 2018.

* Stakenet invented Cold staking (Trustless Proof Of Stake)
* Third project to implement lightning, next to BTC and LTC
* Multi Currency Wallet with 1-click lightning transactions and TOR integration for privacy is in public beta
* They've got a pooled staking service for small amounts of XSN
* Masternode as a service feature, making it extremely easy for anyone to trustlessly host their masternode
* Masternode monitoring tool, which let you know by email if your node goes down, also let's you know how many rewards you've accumulated and more!


later this year they will launch the first TRUE Lightning DEX, which will run on masternodes. All the masternodes will host the chains, which means nobody needs to sync with the network, submit KYC, or register anywhere.

If you're looking for a low cap gem, this is a good bet. IMHO

Biggest reason this will take off, is because the project itself enhances BTC and LTC by using the lightning network as a medium of exchange.
Imagine yourself being at work, you check the price of BTC, and notice it spiked $1000 in a few mins, and the first thought you have is: SELL and tether up! You can do that in seconds using the multi currency wallet, once USDT moves to lightning (they did announce that recently). All this at next to no fees, and with 100% privacy and safety, since you dont need to trust a third party to exchange your coins.
377  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Best altcoins for buy now on: August 05, 2019, 04:46:23 PM
My best bet in terms of upside potential is Stakenet (XSN)

I'm NOT saying this is the next "LINK", but this one DO have MASSIVE potential - 50x is not unrealistic given the fact that it's sitting at a $10 mio marketcap currently.
New project established in march 2018.

* Stakenet invented Cold staking (Trustless Proof Of Stake)
* Third project to implement lightning, next to BTC and LTC
* Multi Currency Wallet with 1-click lightning transactions and TOR integration for privacy is in public beta
* They've got a pooled staking service for small amounts of XSN
* Masternode as a service feature, making it extremely easy for anyone to trustlessly host their masternode
* Masternode monitoring tool, which let you know by email if your node goes down, also let's you know how many rewards you've accumulated and more!


later this year they will launch the first TRUE Lightning DEX, which will run on masternodes. All the masternodes will host the chains, which means nobody needs to sync with the network, submit KYC, or register anywhere.

If you're looking for a low cap gem, this is a good bet. IMHO

Biggest reason this will take off, is because the project itself enhances BTC and LTC by using the lightning network as a medium of exchange.
Imagine yourself being at work, you check the price of BTC, and notice it spiked $1000 in a few mins, and the first thought you have is: SELL and tether up! You can do that in seconds using the multi currency wallet, once USDT moves to lightning (they did announce that recently). All this at next to no fees, and with 100% privacy and safety, since you dont need to trust a third party to exchange your coins.
378  Alternate cryptocurrencies / Speculation (Altcoins) / Bitcoin Dominance nearing 70% - When The Trend Reverses, Which ALTS To Pick? on: August 05, 2019, 04:41:39 PM
Everyone is shitting their pants over Bitcoin and it's high dominance currently.
Personally I believe this trend will reverse soon, as these mass sellings of altcoins are only due to FEAR. It's the final shakedown, and as a wise investor once said:
Buy, when there is blood on the streets.

So with that question in mind, which altcoins do you believe will make a great comeback eventually?

Personally I believe the PRODUCT is more important that the HYPE moving foward. Hype created PnD, while a working product creates long lasting demand.

One of my favourite projects out there is Stakenet. What they bring to the table is quite cool, and instead of trying to compete with everyone, they actually try to make Bitcoin and Litecoin BETTER, in other words, they'll be trying to enhance these coins with their Lightning DEX, Lightning Multi Currency Wallet etc.

Moving foward, everyone wants to see crypto getting adopted by the mainstream. HOWEVER, no one seems to bother about blockchain confirmations - Let me give you an example. Let's pretend Bitcoin, and Litecoin is suddenly accepted EVERYWHERE, used by everyone. Problem here is a single transaction could take WEEKS to confirm on BTC, and DAYS using Litecoin.

Off chain transactions is SO important moving forward, even if you aren't a fan of it. Instant transactions, low fees will actually make people adopt the technology into their day to day life.
Stakenet is the LEADING coin in terms of Lightning developments

Once the Stakenet Lightning DEX is up and running, NO ONE will be able to take it down, not even the devs themselves, due to it's decentralized solution. You'll be able to trade directly from your phone using the multi currency lightning app for android or IOS.

To compare already existing DEX solutions, you've got Komodos DEX, which they just ran a test on doing an Atomic Swap. Took them 9 minutes or so to do the swap, while if you traded on Stakenet's DEX, you would be able to do it for a lower fee, AND instantaneously.
Compare these 2 projects marketcap, and you'll see exactly WHY I'm betting a big portion of my money on this.

Feel free to share your favourite projects! I'd love to know! Smiley
379  Alternate cryptocurrencies / Altcoin Discussion / Re: What should I do with a 1000$ and what would you do? on: August 03, 2019, 01:06:30 AM
Everyone here will suggest you to invest in either Bitcoin, Ethereum, or perhaps even Ripple.
Safe bets, sure, but with $1000, don't expect to make TONS of money betting on these coins.

The lower the marketcap, the higher upside potential, but it also means more risk on your investment.

What I would do with $1000?

That's easy, I'd invest all of it in XSN. Why?

1) Low marketcap - $10 million
2) Building the FIRST Lightning DEX in the world. Which will provide INSTANT transactions, and low fees. They are leading in Lightning Network development, which is important for mainstream adoption.
3) Building a Multi Currency Lightning Wallet - 1-click lightning transactions, and TOR-integration for privacy.
4) Supported by: Ledger, Trezor, Xeeda - Yet is developing their own hardware solution (VIPER) to compete with these hardware solutions
5) Masternode based eco-system running all their dApps, including the DEX, and get's paid for it as an incentive to run them.


It's a solid project, extremely high potential - But with anything, do your own research Smiley
380  Alternate cryptocurrencies / Altcoin Discussion / Re: Spike in Average Transaction Fee on: August 01, 2019, 07:09:15 PM
This is the EXACT reason why I believe Lightning will be HUGE in the future.

Fee's are sky-high and will only increase as more and more people adobt Litecoin, and use it. Transaction times slow, which is a pain in the ass.

The Lightning Network solves both of these issues, and even though there are a LOT of people against off-chain transactions, I believe it's a huge key part element to get crypto adopted by mainstream people outside crypto.

Did you know, Stakenet actually helped the Litecoin team implement Lightning on mainnet? Source: https://litecoin-foundation.org/lightning-network-collaboration-with-x-9-developers/

Watch out for Stakenet's Lightning DEX solution which solves EVERYTHING I mentioned above.
With Lightning transactions, trades are near instant, and the fees are low.

They hired Frank Amato - Former JP. Morgan Executive Director, to help them build the DEX, with his many years of trading experience on wall street.
The DEX will run on 2100+ masternodes, making it completely decentralized, meaning even if the Devs wanted to, they CAN'T shut it down once it's up and running.

The DEX requires, NO KYC, NO need to sync with the DEX, NO Registration, and 100% Privacy

The DEX is really just 1 dApp running on their eco-system, but it's the one I'm the most excited for. All trading fees, are distributed to the masternodes running it all. So I'm sure these nodes are gonna run up greatly in price in the future.

Stakenet's DEX Aggregator solves the liquidity issue, by combining multiple DEX order books togehter, to give the user the best deal on his trades.

My point is. Stakenet will enhance Litecoin and BTC. So by mentioning this, I encourage anyone to move your trades over the lightning network to avoid these stupid high fees the OP is talking about. Smiley
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