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1  Alternate cryptocurrencies / Altcoin Discussion / Re: Stakenet makes The Lightning Network Decentralized Using Masternodes. Thoughts? on: August 18, 2019, 08:40:40 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?

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.
2  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XSN] Stakenet - The World's First Trustless Proof of Stake Coin on: January 08, 2019, 11:39:48 AM
Check out this XSN Investor Factsheet, it highlights all the different ways you can earn passive income with XSN

https://stakenet.io/Project_Summary.pdf

Edit: updated link
3  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XSN] Stakenet - The World's First Trustless Proof of Stake Coin on: December 22, 2018, 03:12:33 PM
Win the first ever Stakenet Ledger Nano S in the giveaway later today, currently have a giveaway for an Xeeda Hardware wallet too that you still have a few hours left to enter:

https://twitter.com/xsnofficial/status/1076478959657857024?s=21



These are the three last days of the contest, so don't forget to participate on Twitter, Facebook and Reddit Wink
Day 10 (until 9pm UTC tonight): you can win a Xeeda Hardware Wallet
Day 11 (from tonight 9pm UTC): you can win a Stakenet XSN Ledger Nano S
Day 12 (from December 23rd, 9pm UTC): you can win a Stakenet Masternode = 15,000 XSN

Good luck!
4  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XSN] Stakenet - The World's First Trustless Proof of Stake Coin on: November 22, 2018, 12:21:32 AM
Nik Patel has released his Coin Report about Stakenet.
You can read the review here: https://www.altcointradershandbook.com/coin-report-stakenet/
5  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XSN] Stakenet - The World's First Trustless Proof of Stake Coin on: November 11, 2018, 04:32:16 PM
PickACrypto.com has published today their Research & Analysis (review) on Stakenet:
https://www.pickacrypto.com/coins/stakenet-xsn-review/

It is a good review of Stakenet.
I would just add that Lightning Swaps (Swaps over Lightning Network) are functional on mainnet.
Public can test this feature by following the LTC/XSN lightning swap guide published two weeks ago: https://medium.com/stakenet/dex-lightning-swap-guide-stakenet-mainchain-cf12760a46f8
This stage of development is very important because it is the first phase of the Decentralized Exchange (Stakenet dx).
6  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XSN] Stakenet - The World's First Trustless Proof of Stake Coin on: November 06, 2018, 04:57:14 PM
21Cryptos' coverage of the XSN cold staking technology: Trustless Proof of Stake (TPoS)

https://twitter.com/XSNofficial/status/1059850615180943362

Quote

The November edition of 21Cryptos is here, featuring an in-depth 4-page feature on XSN titled 'The Staking Revolution'. Read the full feature here:

https://medium.com/stakenet/the-staking-revolution-21-cryptos-magazine-feature-7dc1f507f300

7  Alternate cryptocurrencies / Altcoin Discussion / Re: XSN just destroyed Atomic Swaps with Lightning Swaps on: November 02, 2018, 02:18:33 PM
Lightning Swaps are not only the first stage of the Decentralized Exchange ("Stakenet dx").
They are also the first step towards Cross-Chain capabilities such as Cross-Chain Proof of Stake.
Cross-Chain PoS will allow you to stake XSN but be rewarded in any other Bitcoin Core-based coin.
8  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Altcoin of 2019 on: November 02, 2018, 01:55:06 PM
Stakenet (XSN) has just launched the Lightning Swaps publicly on their mainnet, along with the first complete public guide to perform a Lightning Swap on their mainnet.

Lightning Swaps are different from regular "Atomic Swaps", since on Lightning you are not limited to on chain confirmation times, which allows you to instantly trade your assets through a virtually infinitely scalable P2P network (Lightning Network).

This is the first step in their Decentralized Exchange ("Stakenet dx").
9  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XSN] Stakenet - The World's First Trustless Proof of Stake Coin on: November 02, 2018, 10:47:30 AM
I've updated the Raspberry Pi guide for XSN wallet.
You can either run the Qt wallet (xsn-qt) for wallet staking, or the headless wallet (xsnd) for TPoS cold staking (using the RPi as merchantnode).

https://github.com/hermesesus/XSN/wiki
10  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XSN] Stakenet - The World's First Trustless Proof of Stake Coin on: November 01, 2018, 09:50:43 PM
Stakenet featured as a Top-20 Masternode in the CoinGecko Q3 2018 Quarterly Report with data from Masternodes online:

https://assets.coingecko.com/reports/2018-Q3-Report/CoinGecko-2018-Q3-Report-EN.pdf

11  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XSN] Stakenet - The World's First Trustless Proof of Stake Coin on: October 29, 2018, 12:30:21 PM

Quote
Lightning Swaps are live! Trustlessly exchange $XSN for $LTC on Mainnet now and earn rewards. Merlin dx is underway. Join Discord and try it first-hand https://discord.gg/cyF5yCA  #LightningNetwork #AtomicSwap
12  Alternate cryptocurrencies / Speculation (Altcoins) / Re: LET'S TALK ABOUT "SLEEPING GIANTS" FOR 2019 on: October 26, 2018, 01:01:21 PM
In my opinion, Stakenet (XSN) is a sleeping giant. It is a very ambitious project whose objective is to create a trustless ecosystem that allows interactions between different blockchains, one of the objectives being to build a DEX entirely managed by masternodes and which cannot be closed by a third party.

It's an innovative project: with Trustless Proof of Stake, you can already stake your XSN coins on an offline wallet (trustless cold staking). Ledger and Xeeda have already announced that their hardware wallets will support XSN.

The project aims to be at the forefront of blockchain technology. It is one of the first PoS/MN coins to integrate Segwit, Lightning Network and Atomic Swap technologies,
as a basis for instant payments, scalability and cross blockchain capabilities.

And apart from technology, Stakenet provides four ways to earn passive income: pooled staking (Stakenet Cloud), hot wallet staking, cold staking (Trustless PoS), and masternodes.
13  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Altcoin of 2019 on: October 24, 2018, 09:53:31 AM
As we make our way through Q4 2018, based on what has been seen among altcoins such as development, innovation, security, real-world use cases, and plans for the next year, what altcoins do you think will be big in 2019?

Stakenet (XSN), a PoS/Masternode coin with huge potential, yet underestimated.

The developers are really in the process of innovating:

Trustless PoS (TPoS) is their offline/cold staking solution. It's already available and works perfectly. You get staking rewards while your XSN coins are offline. This is obviously much safer than staking on a hot wallet. They have confirmed integration for Ledger and Xeeda hardware wallets so it will be soon possible to do the same with these devices, which will be even more secure.

They were the first PoS/Masternode coin to implement SegWit, Lightning Network and Atomic Swaps.
They recently achieved Lightning Network Payments and Lightning Swaps.
This is the first step towards true scalability and Cross-Chain capabilities (such as Cross-Chain PoS).

They are developing Cross Chain PoS which means you can stake XSN but be rewarded in any other Bitcoin Core based coin (Bitcoin, Litecoin, ...)

They are also developing a Decentralized Exchange (DEX) entirely managed by masternodes.
Masternodes will derive additional revenue from the operation of the DEX and from privacy functions (TOR network).

This is one of the projects to be closely followed in 2019.
14  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XSN] Stakenet - The World's First Trustless Proof of Stake Coin on: October 21, 2018, 10:12:39 AM
Check out this new video about the four ways to earn passive income with XSN Smiley
  • XSN Cloud Pooled Staking
  • Wallet Staking
  • TPoS Cold Staking
  • Masternodes

https://youtu.be/jz6-Meb46U8
15  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XSN] Stakenet - The World's First Trustless Proof of Stake Coin on: October 19, 2018, 09:23:10 AM
Hi,

My windows XSN wallet won't sync anymore. Also theC:\Users\Administrator\AppData\Roaming\XSNCore is filling up with loads of peers.datXXXX files.

Can anyone help please?

1. What's your wallet version? Make sure you have the latest one installed (1.0.16)
https://github.com/X9Developers/XSN/releases/

2. Close the wallet, open the \AppData\Roaming\XSNCore\ folder and delete:
  • peers.dat file
  • Blocks folder
  • Chainstate Folder

3. Download bootstrap.dat.zip (https://github.com/X9Developers/XSN/releases/download/v1.0.13/bootstrap.dat.zip)
Unzip it. Move the bootstrap.dat file into XSNCore folder.

4. Restart the wallet

If you need further help, come to Discord https://discord.gg/cyF5yCA (#wallet-support channel)
16  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XSN] Stakenet - The World's First Trustless Proof of Stake Coin on: October 18, 2018, 11:34:25 PM
The public test of Lightning Network Swaps on XSN testnet is ongoing!
Come to Stakenet Discord: https://discord.gg/cyF5yCA
and head for #lightning-tests channel to know more about it!

I tested the Lightning Network on XSN testnet Smiley
The developers did an excellent job. It works perfectly.

I opened a Lightning Network payment channel between two peers A and B, then carried out a transaction from A to B via the Lightning Network (in XSN and in LTC), then I carried out a cross-chain Atomic Swap (XSN for LTC) between A and B.

A step-by-step guide (for testnet) has been made so that you too can test the Lightning Network and the Atomic Swaps! Enjoy!
https://medium.com/stakenet/xsn-atomic-swaps-testnet-guide-dc1b5addf0e8

The next step is mainnet!
17  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XSN] Stakenet - The World's First Trustless Proof of Stake Coin on: October 18, 2018, 08:19:41 PM
The public test of Lightning Network Swaps on XSN testnet is ongoing!
Come to Stakenet Discord: https://discord.gg/cyF5yCA
and head for #lightning-tests channel to know more about it!
18  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XSN] Stakenet - The World's First Trustless Proof of Stake Coin on: October 18, 2018, 10:52:37 AM
New article about Lightning Network and Atomic Swaps on XSN!

https://medium.com/stakenet/lightning-network-and-atomic-swaps-f24eb4996eb9
The Lightning Network and Atomic Swaps on XSN network will help the coin catching more attention from crypto enthusiasts, which in turn will potentially lead to significant expansion of XSN ecosystem in the near future.
I think the team have made right decision.
I totally agree with you. XSN is on the right track.
Gradually, they are installing an ecosystem that will serve as a basis for more advanced functionalities such as Cross-Chain PoS and of course the DEX.
19  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XSN] Stakenet - The World's First Trustless Proof of Stake Coin on: October 17, 2018, 02:59:32 PM
New article about Lightning Network and Atomic Swaps on XSN!

https://medium.com/stakenet/lightning-network-and-atomic-swaps-f24eb4996eb9
20  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN][XSN] Stakenet - The World's First Trustless Proof of Stake Coin on: October 15, 2018, 03:18:31 PM
Thanks, finally I get my rewards (after almost 1month of waiting - I made no action and now I have already 3rewards for October (5days/rewards) so it had to be my very bad luck I think.
What I noticed reward amount is decreasing - is there any place where I can check further changes?

The current phase (phase 8 ) is the final phase, which means that there will be no further decrease in rewards.
The current (and now definitive) amount of the rewards is 20 XSN (9 XSN for MN, 9 XSN for staking node and 2 XSN for treasury).
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