[ANN][XSN] Stakenet - The World's First Trustless Proof of Stake Coin

[Pro_David]

went through a lot of messages in the discord channels since this project is very enticing technologywise, but in the end i don't see it succeding atm -

first and foremost - i am interested in economics and think politics and especially nationalism hurt our whole (obv international) internet ecosystem

second - i fail to see how a coin in which almost every channel got posts on why one political direction is the only feasible for some reason, is not putting off everyone who does not think like that.

third - marketing does not make sense if you have to be of one or the other political opinion economywise

so all in all as long as the naz.s have their way with xsn it will not compete better than a f*cking communist coin.

in the end - i am holding this coin for a very long time, the protofascists won't get me off it, but as long as this project is political it will not succeed (although the nazis posting about cryptobanking is fun indeed)

It seems to me that policy issues are generally irrelevant among the crypto community. The ideas of cryptocurrencies are precisely to eliminate the borders of states.

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[yurez]

Higher volume stress tests started. Stakenet's DEX stress tests showing how scalable and stable the Lightning Network already is!
Early statistics page: https://orderbook.stakenet.io/monitor/xsn_btc
See text for more detail and see https://t.me/stakenetunofficial

[Sirait]

^ Does this project have a bounty program? because it would be great if this project had a bounty program, so that people could participate in spreading the features and solutions of Stakenet platform and XSN cryptocurrency.

[yurez]

^ Does this project have a bounty program? because it would be great if this project had a bounty program, so that people could participate in spreading the features and solutions of Stakenet platform and XSN cryptocurrency.

There is definitely no bounty campaign yet and it is too early to launch it, since the DEX is not ready yet. But the official discord channel in the Stakenet Open Beta has the following information: "- We will award up to 1,000 XSN for every unique Bug found in the functionality of a Light Wallet or DEX process, that has not been reported before as well as higher amounts for any security issues found."
Link: https://discord.com/invite/cyF5yCA
You can check the information there, there are rarely any developers here.

[yurez]

XSN Core Update | NOV 1 2020

-Currently, the group has been private beta testing and assisting with our Simple Swap UI feature, ensuring the integrity of channel logic, finding optimal configurations and user flow.
-DEX bot operators have commenced stress tests
Our bot operators have begun stress testing the DEX, initial tests run approx 2–3k trades/ day with volume at $10k+ which we are pleased to announce come with little to no errors.
-ETH support in the light wallet is nearly ready, devs have setup the backend, prepared the API and will soon deploy to our private beta group for testing
-Adding ETH to the DEX via L2
Our developers focus has been on the integration of ETH private key functionality and L2 client channel states.

Full information: https://medium.com/stakenet/xsn-core-update-nov-1-2020-b6f648d5bdcd

[krisnajsadrak]

XSN Core Update | NOV 1 2020

-Currently, the group has been private beta testing and assisting with our Simple Swap UI feature, ensuring the integrity of channel logic, finding optimal configurations and user flow.
-DEX bot operators have commenced stress tests
Our bot operators have begun stress testing the DEX, initial tests run approx 2–3k trades/ day with volume at $10k+ which we are pleased to announce come with little to no errors.
-ETH support in the light wallet is nearly ready, devs have setup the backend, prepared the API and will soon deploy to our private beta group for testing
-Adding ETH to the DEX via L2
Our developers focus has been on the integration of ETH private key functionality and L2 client channel states.

Full information: https://medium.com/stakenet/xsn-core-update-nov-1-2020-b6f648d5bdcd

damn, this news bring a lot of demands to stakenet, and it make the price flying now
and i miss it, hopefully the price will continue growing, because seems a lot of great things coming to stakenet in the near tine

[Marckolind]

XSN Core Update | NOV 1 2020

-Currently, the group has been private beta testing and assisting with our Simple Swap UI feature, ensuring the integrity of channel logic, finding optimal configurations and user flow.
-DEX bot operators have commenced stress tests
Our bot operators have begun stress testing the DEX, initial tests run approx 2–3k trades/ day with volume at $10k+ which we are pleased to announce come with little to no errors.
-ETH support in the light wallet is nearly ready, devs have setup the backend, prepared the API and will soon deploy to our private beta group for testing
-Adding ETH to the DEX via L2
Our developers focus has been on the integration of ETH private key functionality and L2 client channel states.

Full information: https://medium.com/stakenet/xsn-core-update-nov-1-2020-b6f648d5bdcd

damn, this news bring a lot of demands to stakenet, and it make the price flying now
and i miss it, hopefully the price will continue growing, because seems a lot of great things coming to stakenet in the near tine

Don't check the price on Coinmarketcap, as they are completely unreliable. Use Coingecko or any portfolio app on your phone.

XSN will fly way above $1 as soon as ETH is integrated, I'm sure.

[nightflightcourt]

XSN Core Update | NOV 1 2020

-Currently, the group has been private beta testing and assisting with our Simple Swap UI feature, ensuring the integrity of channel logic, finding optimal configurations and user flow.
-DEX bot operators have commenced stress tests
Our bot operators have begun stress testing the DEX, initial tests run approx 2–3k trades/ day with volume at $10k+ which we are pleased to announce come with little to no errors.
-ETH support in the light wallet is nearly ready, devs have setup the backend, prepared the API and will soon deploy to our private beta group for testing
-Adding ETH to the DEX via L2
Our developers focus has been on the integration of ETH private key functionality and L2 client channel states.

Full information: https://medium.com/stakenet/xsn-core-update-nov-1-2020-b6f648d5bdcd

damn, this news bring a lot of demands to stakenet, and it make the price flying now
and i miss it, hopefully the price will continue growing, because seems a lot of great things coming to stakenet in the near tine

Don't check the price on Coinmarketcap, as they are completely unreliable. Use Coingecko or any portfolio app on your phone.

XSN will fly way above $1 as soon as ETH is integrated, I'm sure.

It's true. Coinmarketcap's metrics tend to break a lot when it comes to XSN. Volume and prices have been inaccurate or accidentally excluded so many times I lost count.

[yurez]

Looking forward to the official launch of Vortex (Stakenet's liquidity aggregator), which solves all liquidity issues by aggregating order books from multiple exchanges.
The DEX stats page got a really nice update!

[yurez]

XSN Dev Update November 20
This month, the team have been working to prepare the light wallet, DEX stats page, designs for the public release of the DEX client and software as well as a website for the launch. This work has included stabilizing swap interfaces (which involved working with our closed beta group), development of our DEX stat tracker, running continuous stress testing of the DEX and more.

https://medium.com/stakenet/xsn-dev-update-november-20-215bfac3d127

[Marckolind]

XSN Dev Update November 20
This month, the team have been working to prepare the light wallet, DEX stats page, designs for the public release of the DEX client and software as well as a website for the launch. This work has included stabilizing swap interfaces (which involved working with our closed beta group), development of our DEX stat tracker, running continuous stress testing of the DEX and more.

https://medium.com/stakenet/xsn-dev-update-november-20-215bfac3d127

Screencap from discord, seems like a new exchange is on it's way soon 

[KoinBey]

Exchange news and latest updates are promising about this coin. Time has come 

[paramind22]

This coin is on three exchanges, which is great.

One of the only things that keeps me wanting to stake a coin and buy enough to get enough stakes is if the coin is on enough exchanges.  It should be on at least 2 easy to get to exchanges.  If the team cannot do that, it makes me wonder how serious they are about the future of the coin.   This one is on one exchange I'm familiar with and two less so.  The volume was $463,000 (!) at livecoin yesterday and only $535 for the other two exchanges combined.  I trade on about 12 exchanges and none are the two smaller exchanges XSN is on. 

Here are the two other exchanges:

About Beaxy
$512,530 USD
Launched on 10 Jun 2019, Beaxy Exchange is a centralized exchange, headquartered in The Board of Trade in Chicago, IL. The exchange claims to support 6 fiat pairs, a two-way fiat ramp, credit and debit card support, and spot cryptocurrency trading. It is a U.S. registered, FinCEN money servicing business. Cryptocurrencies are reportedly secured by Curv institutional custody and fiat accounts are insured up to $250,000. Beaxy Exchange offers prebuilt TA, signals, for cryptocurrencies listed on their platform. Members of their team have reportedly built trading desks in Chicago, IL. Their API feature REST and WebSocket as well as FIX, view the documentation here.


Coinall
$6,044,805 US
No About page on CMC. 

So all in all, the last few posts and this one making XSN a good choice for staking and the price would be right to pick up enough for that.  I tend to pick lower price/lower risk coins to stake for the most part except for Neblio, so obviously there is risk involved in buying enough to produce stakes. 

[yurez]

Great job! Stakenet have won a Twitter vote & XSN will be listed on Stakecube. Stakecube is a masternode focused platform who is offering services such as shared masternodes, trading different MN coins, mining etc.
https://twitter.com/XSNofficial/status/1331194091686780930

[Lucasgabd]

Great job! Stakenet have won a Twitter vote & XSN will be listed on Stakecube. Stakecube is a masternode focused platform who is offering services such as shared masternodes, trading different MN coins, mining etc.
https://twitter.com/XSNofficial/status/1331194091686780930

quite interesting, congratulations for that
from the few masternode/online staking that survived stakecube is a good one.

this was the exchange to be announced or there is stlll more?

[Nick_ADA_FAN]

Does anyone know which exchange is coming next? From a bit of research I found this promising very interesting! 

[nightflightcourt]

Does anyone know which exchange is coming next? From a bit of research I found this promising very interesting! 

I don't understand the hype behind CEXs. I dislike them and want to avoid using them as much as possible because they hold funds and can and will change the rules and terms and hold them hostage if you don't comply.

[waya]

Hello All,

I find this an interesting and promising project.  Although, there are some concerns I have about what I see in the discord.  I want to explore this coin more and learn it in depth to understand better its workings and vision.

Cheers,
Waya

[yurez]

XSN Dev Roadmap Update | November 2020
The Stakenet team proud to share the latest roadmap advances, including Connext, ETH and ERC-20 integrations, mobile wallet and more.

https://medium.com/stakenet/xsn-dev-roadmap-update-november-2020-e3de930446b4

[paramind22]

Is there a conf file for this coin with nodes?