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yurez
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October 11, 2018, 01:47:59 PM |
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Great job. I think that this team has a great future and the price will go up over time. |
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phanphanphuyen
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Activity: 106
Merit: 10
★Bitvest.io★ Play Plinko or Invest!
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October 11, 2018, 04:05:11 PM |
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To celebrate our partnership with 21Cryptos Magazine, we are running a joint giveaway over on Twitter! We are giving away 3 prizes of 500 XSN and annual subscription to 21Cryptos Magazine. Check it out and enter on Twitter: https://twitter.com/XSNofficial/status/1047234846609866753The above is from the XSN team on Discord! I am not familiar with such contest. I think that signature campaign in the forum maybe a better promotional option. The team should take it into consideration in order to have as highly efficient promotions as possible. |
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CryptoNoob100
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October 12, 2018, 05:18:08 AM |
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In Kung fu they say “train fast learn slow, train slow learn fast”
I’m excited that stakenet is developing from the ground up. With a small but growing and organic community that has an active development team with passion for the vision. To me there are many signs of XSN being a LTH that could become an amazing investment. Personally I’m here because it is Not some ICO ERC20 token. For regulatory reasons but also because frankly many ICO tokens are crap projects that won’t survive. It’s all about preparing for the next BTC bull run and finding projects you can believe in, so you can HODL
So many people hope to pick a coin and magically it will moon. This is a bear market, there is no confirmed Alt season yet. Which is a good thing... it means we have time to accumulate amazing projects like XSN and when big daddy Bitcoin decides the kids will play, then we play. Just look at the daily chart, check out the volume. Huge divergence as we dumped, large volume on XSN... folks buying up those coins. That is because the smart money knows, you buy in the gutter and hold until the next full cycle.
The stakenet.io cloud staking platform is super easy and dope. Passive income as simple as it comes. The community is very helpful and responsive. Maybe folks get short with people who are super pushy that complain about the market conditions... again this is a bear market... position size and survive... it could be years before the bulls take over... deal with it...
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chris.woaks
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October 12, 2018, 05:32:49 AM |
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a marketing campaign will be good for Stakenet and will help to spread the word about this project
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Nick J.
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October 13, 2018, 11:03:38 AM |
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a marketing campaign will be good for Stakenet and will help to spread the word about this project
The team is doing marketing every day. Rebecca in Discord is working full time doing only that. But she is doing REAL marketing and not HYPE/Shilling like Tron or other similar hype coins. Marketing needs to be coordinated with the development for it to be the most effective. If u go into discord and look in Announcement, u will see the work thats being done and if u want more marketing, then u are able to help out yourself by joining the new movement in Discord called XSN-Outreach. This is for people that wonna help spread the word/awareness. Contact @rebecca-c to become a part of the movement! So plenty of things going on and things for you to help out with, in order to boost your long term investment. |
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The Vast Majority
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October 15, 2018, 10:09:05 AM |
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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) |
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hermesesus
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October 15, 2018, 11:59:10 AM |
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I am interested in the Stakenet Cloud "Masternode-as-a-Service". Installing a masternode can be time consuming. Not to mention the masternode monitoring and troubleshooting. A few clarifications will be appreciated: Should the collateral be placed on the Stakenet Cloud or will it remain in my control wallet? How much will it cost? Will there be a fixed price to pay or will there be a fee charged on the rewards? And of course, when will it be available?  |
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Yankeeruinx
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October 15, 2018, 12:09:46 PM |
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You will keep the collateral in your control wallet not the Cloud for extra security. Final details on fee's have not been released yet but will be transparent and clear, last I heard it was a fixed $ amount paid in XSN but that may have changed.
As for release date it supposed to be very soon.
I am looking forward to this for sure as setting up and maintaining MN's is a pain in the butt so this will automate everything for me and I don't have to worry about anything.
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biggeneral
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October 15, 2018, 12:30:12 PM |
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You are about to submit your personal exchange soon - XSN DExchange
What will distinguish it from other sets of exchanges?
Will it be something revolutionary?
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phys_io
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October 15, 2018, 12:33:15 PM |
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Is mnaas a centralized service? Or do you have vps in many parts of the world?🤔
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hermesesus
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October 15, 2018, 12:35:34 PM |
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You will keep the collateral in your control wallet not the Cloud for extra security. Final details on fee's have not been released yet but will be transparent and clear, last I heard it was a fixed $ amount paid in XSN but that may have changed.
As for release date it supposed to be very soon.
I am looking forward to this for sure as setting up and maintaining MN's is a pain in the butt so this will automate everything for me and I don't have to worry about anything.
Thanks for the answer It's very important to me to keep control of my funds Count on me to be a user from day one  |
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Niltac
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October 15, 2018, 12:49:23 PM |
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MNaaS as a service will have servers distributed all around the world to ensure geo-redundancy. One of the most important things to note with MNaas is the service is completely trustless, so users will always own the private keys and the coins will not leave the local wallet. I will certainly be using the service myself, as this makes masternodes accessible for all in my opinion as you don't need the extensive technical knowledge to get one set up/maintained.
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Niltac
Newbie
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Activity: 6
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October 15, 2018, 01:47:30 PM |
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Just published on XSN official Twitter: We recently held a Q&A with Frank Amato, our Trading Platform Advisor, to learn more about his cryptocurrency background, advisory role and more. Read the interview here: https://medium.com/stakenet/q-a-with-frank-amato-97befaf8e725Great to hear a bit of an update from Frank Amato, seems he is undertaking DEX research to understand the features XSN DEX should include based on positives/negatives of other exchanges. |
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cryptodv
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October 15, 2018, 01:48:50 PM |
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Just published on XSN official Twitter: We recently held a Q&A with Frank Amato, our Trading Platform Advisor, to learn more about his cryptocurrency background, advisory role and more. Read the interview here: https://medium.com/stakenet/q-a-with-frank-amato-97befaf8e725Great to hear a bit of an update from Frank Amato, seems he is undertaking DEX research to understand the features XSN DEX should include based on positives/negatives of other exchanges. I just read the Q&A on Twitter. Good to see that he's doing a lot behind the scenes. |
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wgd
Legendary
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Activity: 1815
Merit: 1005
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October 15, 2018, 01:52:42 PM |
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I have a problem with block explorer or with wallet? I am not sure, but i suppose it is explorer problem? https://xsnexplorer.io/ showes 200 blocks earlier than on my wallet  It is kind strange. Is there any alternative block explorer other then xsnexplorer? Only one explorer. If u are just staking, then try delete peers.dat, blocks folder and chainstate folder while wallet is closed. Then load the wallet back up and let it fully sync. If that does not help, then show up in wallet support on Discord. I am staking TpoS way.. I've checked my local PC wallet block high and block high on my VPS and it showes equal numbers, so I suppose it should be ok with synchronization, or it's something wrong on both (I don't think so, cause I have update 0.16 wallet).. Updating to new wallet does not equal sync. Any wallet can get out of sync if u have disruptions on the server u are using. Also u need to compare blocks + headers to make sure u are fully in sync. Those two numbers needs to be identical. Installing bootstrap om both ends often helps. Are u getting 9xsn per reward? Below iv copied something from Tpos support in Discord u could try on your VPS to check. But u should go to discord for support. There u get help almost right away. First, I check if my node is synced (Headers=Blocks) ~/.xsncore/xsn-cli getblockchaininfo I also check AssetID (must be 999) ~/.xsncore/xsn-cli mnsync status I check staking status (everything - except "enoughcoins" - is true) ~/.xsncore/xsn-cli getstakingstatus And I check debug log (you should get "XsnMiner -- Failed to find a coinstake" every 6 seconds) tail -f ~/.xsncore/debug.log 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? |
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phys_io
Newbie
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Activity: 6
Merit: 0
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October 15, 2018, 02:03:45 PM |
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MNaaS as a service will have servers distributed all around the world to ensure geo-redundancy. One of the most important things to note with MNaas is the service is completely trustless, so users will always own the private keys and the coins will not leave the local wallet. I will certainly be using the service myself, as this makes masternodes accessible for all in my opinion as you don't need the extensive technical knowledge to get one set up/maintained.
That's good. This is very important for the xsn dex to be truly decentralized.👍 |
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phys_io
Newbie
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Activity: 6
Merit: 0
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October 15, 2018, 02:11:54 PM |
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will Dex belong to any person or group? So Dex profits will belong to a group or will they be distributed to investors?
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hermesesus
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October 15, 2018, 02:31:08 PM |
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Just published on XSN official Twitter: We recently held a Q&A with Frank Amato, our Trading Platform Advisor, to learn more about his cryptocurrency background, advisory role and more. Read the interview here: https://medium.com/stakenet/q-a-with-frank-amato-97befaf8e725Great to hear a bit of an update from Frank Amato, seems he is undertaking DEX research to understand the features XSN DEX should include based on positives/negatives of other exchanges. I just read the Q&A on Twitter. Good to see that he's doing a lot behind the scenes. It is indeed an excellent article to read to know who Frank Amato is and what his role is in the Stakenet project. https://medium.com/stakenet/q-a-with-frank-amato-97befaf8e725 |
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hermesesus
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October 15, 2018, 03:18:31 PM |
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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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