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Author Topic: [ANN][XSN] Stakenet - The World's First Trustless Proof of Stake Coin  (Read 9999 times)
8489faustn
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March 28, 2018, 07:21:41 PM
 #1



Stakenet (XSN) is the world’s first Trustless Proof of Stake (TPoS) coin, based on the Bitcoin.core blockchain-architecture, that allows users to safely and conveniently stake their XSN coins in cold storage such as on a Ledger Nano S, while at the same time producing, validating and moving the XSN blockchain. TPoS is realized by the invention of the so-called “Merchantnodes” which allows users to stake their coins using the merchant’s high bandwidth, and continuous connectivity without having to share any spendable balances or private keys with the merchant. This allows for a truly trustless relationship between the client and the merchant. There are no requirements for becoming a merchant and TPoS is already a highly profitable business for hundreds of TPoS Merchants. In contrast to all previous solutions, 3rd parties in the XSN ecosystem have no exclusive or centralized advantage, but still have an incentive to offer their services because they can negotiate an individual commission with their costumer.

Along with TPoS, XSN has implemented masternodes which ensures a fully decentralized system while providing networkservices like Instant Send and a governance system. Furthermore the masternodes will host and manage the world first truly decentralized exchange in a profit driven ecosystem and enable Light Atomic Swaps between different blockchains, including the use of the Lightning Network. Last but not least the masternodes are used to offer Cross Chain Proof of Stake (CCPoS) services for other blockchains, based on the bitcoin.core blockchain-architecture.

The block rewards for XSN are split between masternodes, staking nodes, and treasury. Masternodes receive 45% of the block rewards for providing high bandwidth, 24/7 connections, and provide basic requirements for further XSN features such as CCPoS, Light Atomic Swaps and more. Staking rewards from TPoS and/or regular PoS receive 45% of the block rewards for leaving their nodes online securing the network. Lastly, 10% of the block rewards are rewarded to the treasury fund for future tech developments of XSN and for various upcoming Stakenet partnerships.

Next to TPoS and Masternodes, Stakenet will offer partnerships with multiple different businesses to implement the following services; Multiwallets/Staking as a Service Platform, Masternodes as a Service, Pooled Masternodes and Light Atomic Swaps Services. The profits from these businesses will then be used to buy & burn XSN though the monthly Revolving Stake Bonus (RSB) as a counterpart to the generated block rewards.

Unique Selling Propositions (USP’s):
⁃ Our current Trustless Proof of Stake (TPoS) for offline staking from a hardware device like Ledger Nano S and minting Proof of Stake for online staking.
⁃ Our upcoming truly Decentralized Exchange (DEX) hosted by the Masternodes for several POS currencies.
⁃ Our upcoming Cross Chain Proof of Stake (CCPoS) for other Bitcoin.core based currencies.
⁃ Our trustless, fully decentralized ecosystem for XSN and other cryptocurrency services like Multiwallets/Staking as a Service, Masternodes, Pooled Masternodes, Light Atomic Swaps etc.



Our goal for Stakenet was to create the world’s first truly trustless, profit-driven economy with the use of TPoS, the highest level of network security using decentralized cold staking, and Masternodes, the highest level of providing network services in a truly decentralized world. We accomplished our main goal already within a month after launch date and we are now pushing boundaries to expand our ecosystem of the XSN services and products. Our next big milestone for 2018 is to launch our Stakenet Decentralized Exchange (DEX) and Cross Chain Proof of Stake(CCPoS) capabilities to broaden the ecosystem and to make crypto assets more accessible and secure for the average user around the world.







Stakenet (XSN) was originally launched under the name PoSWallet (PoSW).
It was re-branded to Stakenet on March 1st 2018.


Algorithm: X11
Block Time: 60 Seconds
Difficulty Retargeting: 40 Minutes
Swapped supply from PoSW to XSN: 76,500,000 XSN

PoS Rewards Breakdown:
45% Masternode, 45% Staking, 10% Treasury
Masternode requirement: 15.000 XSN

PoS Phase 1: [blocks 0-20000] 0 XSN (Complete)
PoS Phase 2 [blocks 20001-63200] 50 XSN (Complete)
PoS Phase 3 [blocks 63201-106400] 45 XSN (Complete)
PoS Phase 4 [blocks 106401-149600] 40 XSN (Complete)
PoS Phase 5 [blocks 149601-192800] 35 XSN (Complete)
PoS Phase 6 [blocks 192801-236000] 30 XSN (Complete)
PoS Phase 7 [blocks 236001-279200] 25 XSN (In Progress)
PoS Phase 8 [blocks 279201-infinite] 20 XSN (Not Started)

                               

                 Cross Chain Proof of Staking
                 Revolving Staking Bonus
                 Trustless Proof of Stake & Atomic Swaps
                 Cold-Staking | TPoS vs LPoS vs DPoS
                 Why XSN will absorb deep pockets in global capital
                 XSN Technical Documentation | Trustless Proof of Stake Contracts
                 XSN Plans to Pioneer a 4th Generation Cross Chain Network
                 Stakenet (XSN) Blockchain Architecture Part 1
                 Stakenet (XSN) Blockchain Architecture Part 2
                 XSN Technical Documentation | Trustless Proof of Stake Contracts

                 XSN-Core Updates:
                 Team Expansion, Stakenet.io
                 Masternode Challenge Requirements
                 XSN OPERATIONS UPDATE 5/30/18
                 Quarterly DEV Update — Q2 2018
                 Stakenet (XSN) LN Update
                 XSN Hardware Update
                 Stakenet (XSN) on Lightning Swaps

                 XSN Tech Comparison:
                 Cold-Staking | TPoS vs LPoS vs DPoS

                 3rd party XSN articles:
                 Coin of the Week #37 on Altcoin Magazine
                 Cointelegraph on Cold Storage Staking | XSN Coin
                 Nasdaq - Frank Amato Joins the Stakenet (XSN) Team
                 Stakenet (XSN) Review
                 Stakenet (XSN) İncelemesi
                 Three reasons to invest in Stakenet
                 XSNArmyBlog #1
                 XSNArmyBlog #2
                 XSNArmyBlog #3
                 A Conversation with Stakenet’s PR Guru
                 Tribalism in Crypto is Shortsighted
                 Stakenet lancia il cold staking (TPOS), presto via Ledger Nano S
                 After reading this post, you’ll understand why XSN is a great hold
                 Cold Storage Staking | XSN coin
                 Stakenet ($XSN): World’s First Crypto Decentralised Bank?
                 Why Stakenet (XSN) May Be The Altcoin Winner of 2018
                 Security aspects of TPoS
                 Distributed ledger and privacy
                 The Art of Investing: Stakenet
                 Q&A — What makes Stakenet $XSN a genuine cryptocurrency project?
                 OVERVIEW OF THE STAKENET’S FEATURES
                 Stakenet: Making Crypto Exchange Fast, Secure and Simple
                 Stakenet: A cryptocurrency with a difference.
                 TPOS: How to get started

                 Stakenet Team Interviews:
                 TEAMTALKS #8 — STAKENET: PAVING THE WAY FOR BROADER ADOPTION


                         

                 Stakenet info-site
                 Stakenet (XSN) Summary
                 Whitepaper 3.0
                 XSN Cloud - Staking and Masternode automation service
                 Introduction to Stakenet.io
                 Github
                 Latest wallet update

                 XSN Partnerships:
                                VPS Services for Masternodes and TPoS Merchants
                                XSN Merchandise
                                Ledger Integration
                                CoinPayments - Integrated payment gateway for cryptocurrencies

                 Coin Info:
                 CoinMarketCap
                 NodeMarketCap
                 CoinMarketCal
                 Masternode Statistics

                 Useful links:
                 Stakenet - Medium
                 Stakenet Info

                 Video Tutorials:
                 The Stakenet DEX
                 How to Download and Install Wallet
                 How to Encrypt, Unlock/Lock Wallet
                 How to Backup Your Wallet
                 How to Start Regular Staking in Your Wallet
                 How to Send and Receive XSN Coins from Wallet
                 How to Stake Your Coins with a TPoS Merchant
                 TPoS Merchant Guide
                 Trustless Proof of Stake / Cross Chain Staking Explained
                 Building the World's First Decentralized Bank

                 Guides:
                 Masternode Setup Guide
                 TPoS Contract Setup Guide
                 TPoS Your Own Coins
                 Multiple TPoS Contracts On Your Windows VPS
                 Turkish Guide For TPoS



                XSN's Own Block Explorer

 
                Cryptopia
                Livecoin
                Sistemkoin
                Bitibu
                BarterDEX
                AioDEX
                Blocknet (Available Soon)
                Bitfineon (Available Soon)
                 More Coming Soon!

                       

                                             

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Lucasgabd
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March 28, 2018, 08:07:59 PM
 #2

virustotal:
https://www.virustotal.com/pt/file/809f63f7fb7a17c98a38c16ef1c3896d40738375ee45eb3bfae5fe757638fbff/analysis/

2/65

trojan wisdomeyes?
can you check that, dev?

--//--

also, APR remains the same as it was with POSW of only 1% per year or it changed?

cheers

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March 28, 2018, 08:09:49 PM
 #3

if you need translation to Russin or Ukraine i reserved!!
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March 28, 2018, 08:12:01 PM
 #4

Avast says virus
prowellG
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March 28, 2018, 08:21:58 PM
 #5

Avast says virus
Its a false alarm. The Project looks great, Dev Team is working hard.
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March 28, 2018, 08:25:25 PM
 #6

Following close and excited to see the growth of TPoS from here. Good job team!
8489faustn
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March 28, 2018, 09:03:03 PM
 #7


APR remains the same as it was with POSW of only 1% per year or it changed?

cheers

APR will be higher than PoSW. First months it will decrease from 50 XSN per block, 45, 40 etc. etc. After it reaches 5 XSN per block it will probably come out to be ~ 6% annual stake rate.
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The revolutionary trading ecosystem


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March 28, 2018, 09:34:17 PM
 #8

It seems that the project is interesting. I want to see the white paper. Interested in technical details, how does the decentralized Internet work on the basis of a centralized one?

|
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QRX|
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QURREX - QRXTest MVP |Source
www.qurrex.com

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March 29, 2018, 12:18:02 AM
 #9

reserved
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March 29, 2018, 12:24:17 AM
 #10

Sweet!
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March 29, 2018, 12:41:17 AM
 #11

Life is changing here in XSN. Congrats to X9 devs team.
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March 29, 2018, 12:50:36 AM
 #12

Is there a reward event?
alicee
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March 29, 2018, 12:58:41 AM
 #13

reserve Chinese translation
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March 29, 2018, 01:11:27 AM
 #14

reserved for pool https://crazypool.ca
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I ❤ Mastern✿des


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March 29, 2018, 01:14:22 AM
 #15

very exciting times coming with xsn ... wooo hoo

am glad to be a bag holder on this one

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

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March 29, 2018, 01:30:18 AM
 #16

This is great, can't wait too see all the applications with Trust less proof of stake and later cross chain staking. Exciting times.
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March 29, 2018, 01:40:34 AM
 #17

Nice Updates last weeks Good Job @Dev. TEAM tpos and ccpos Change the game Smiley
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March 29, 2018, 07:14:25 AM
 #18

Stakenet.io should consider selling xsn for fiat, accepting major credit cards.  Be an on-ramp into crypto.  Along with staking services for everything from xsn to ether, etc. 
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March 29, 2018, 07:23:20 AM
 #19

Since PoSW swap, XSN did a great take off. They have a great team and they keeps their promises. TPoS, CCPoS, Ledger suppory (also, you can keep your coins at Ledger and they can still stake) Lightning Network and Atomic Swap specifications are going to make XSN very special currency. Also they have a masternode and stake options. Clearly, Stakenet is more solid and usable technology according to other useless masternode coins.

Holding for a long long term. Smiley

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March 29, 2018, 07:48:24 AM
 #20

reserved for pool https://crazypool.ca

There is no pow mate


STIPEND




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