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Author Topic: [ANN][XSN] Stakenet - The World's First Trustless Proof of Stake Coin  (Read 4863 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 (In Progress)
PoS Phase 5 [blocks 149601-192800] 35 XSN (Not Started)
PoS Phase 6 [blocks 192801-236000] 30 XSN (Not Started)
PoS Phase 7 [blocks 236001-279200] 25 XSN (Not Started)
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

                               XSN-Core Updates:
                               Team Expansion, Stakenet.io
                               Masternode Challenge Requirements
                               XSN OPERATIONS UPDATE 5/30/18

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

                               3rd party XSN articles:
                               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
                               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
                               A Conversation with Stakenet’s PR Guru
                               Stakenet ($XSN): World’s First Crypto Decentralised Bank?


                         

                               Stakenet (XSN) Summary
                               Whitepaper 2.0
                               XSN Information Page (xsncoin.io)
                               Online Staking Wallet (stakenet.io) (Launch on June 30, 2018)
                               Introduction to Stakenet.io
                               Github
                               Windows 64 Install
                               Mac OSX
                               Linux 64 Binaries

                               XSN Partnerships:
                                         Professional TPoS Merchants
                                         VPS Services
                                         XSN Merchandise
                                         Ledger Integration

                               Coin Info:
                               CoinMarketCap
                               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

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

                       



Whoever mines the block which ends up containing your transaction will get its fee.
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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!!

★ PRiVCY ➢ Own Your Privacy! ➢ Best privacy crypto-market! ★
✈✈✈[PoW/PoS]✅[Bounty]✅[Airdrop]✈✈✈ (https://privcy.io/)
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hey hey heeeeey


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March 28, 2018, 08:12:01 PM
 #4

Avast says virus

wasa wasa
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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.

★ PRiVCY ➢ Own Your Privacy! ➢ Best privacy crypto-market! ★
✈✈✈[PoW/PoS]✅[Tor]✅[Airdrop]✈✈✈ (https://privcy.io/)
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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?

|
|
QRX|
|
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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开花的韭菜


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March 29, 2018, 12:50:36 AM
 #12

Is there a reward event?

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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

crazypool
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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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Top 10 Crypto T✿day!
●●  http://TopTenCrypto.Today  ●●
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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

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