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

[yurez]

3000 XSN Masternodes are being hosted now worldwide!

Almost 25 million dollars worth of $XSN locked in to run our Layer 3 StakenetDEX once we are in the HYDRA phase.
You will have to cut 3000 heads off of the HYDRA if you want to shut it down.
Good luck with that.
https://twitter.com/XSNofficial/status/1382416558723624964

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[paramind22]

I notice XSN is on Beaxy.  What's experience with that exchange?  I'm in USA so not all are available. 

[notyouraverageTrader]

XSN all day.

Ethereum about $2,500

Polkadot $42.50 plus

My XSN from 20 cents to 0.5346... The ceiling for Stakenet is amazing!

These are the main drivers of my Portfolio right now! 

[DrearyUrbanite]

Stakenet’s vision: Part III — The Lightning Network

What is the Lightning Network? Why will it be the future of scalable decentralized trading? Why has Stakenet integrated the Lightning Network into their DEX for trading? If you’re new to the crypto-sphere then these questions might not be easy to answer. So with this in mind, we’ve put together this article to give you a better understanding.

https://medium.com/stakenet/stakenets-vision-part-iii-the-lightning-network-30e5f66b196a

Is the DEX fully trustless or are there any SPOF? Many projects that claim to offer a DEX aren't really a DEX, that's why I am asking.

[Dalib]

Weekly DEV Update of Stakenet DEX

Internal development (now):
 - implementing AMM UI
 - debugging BTC/USDT
 - WEB DEX: creating Layer 2 wallet

Closed beta (now):
- debugging Connext channels
- debugging BTC / USDT

What's coming (next weeks):
- adding new UI to DEX
- updating to LND 12
- adding more coins & tokens to MCLW
- chain updates (weeks / months)

[Dalib]

Decentralized #BTC <> #USDT ERC20 trading is here!

Instant TXs and settlements.
Near-zero fees.
Scalable.
Cross-chain.
Private.
No wrapping.
API supported.

https://twitter.com/StakenetDEX/status/1384530199572779009

[yurez]

Today we are releasing updates and much-requested additions to our XSN Explorer:

- a calculator for MN and staking nodes rewards.
- a calculator for StakenetDEX rewards.
- small upgrades all around.

You can use the calculator now at xsnexplorer.io/calculator
https://twitter.com/XSNofficial/status/1385305748620693516

[yurez]

Besides the Weekly dev update, we are implementing now "Stakenet: Monthly Recap" as a regular format.
In the first edition we cover:
- XSN Explorer 2.0 release
- BTC USDT swaps
- XSN foundation & many more

Read the full recap here: https://medium.com/stakenet/stakenet-monthly-recap-april-ef1d03cca510

[yurez]

Weekly DEV Update of StakenetDEX

What we have achieved:
- Internal proof of concept for AMM
- First successful BTC <> USDT swaps with closed beta builds

Current internal development:
- Implementing UI & logic for AMM v1
- WEB DEX: Layer 2 wallet

https://twitter.com/XSNofficial/status/1386351284706553863

[yurez]

Stakenet’s vision: Part IV — Atomic vs Lightning swaps

Off-chain Lightning channels make Bitcoin transfers instant and fees consistently low no matter what price Bitcoin is or how congested its blockchain is, and they will allow decentralised exchanges to scale in much the same way.
Off-chain trades cannot be tracked in any block explorer — increasing the user’s privacy enormously. The lightning swap, similar to a regular atomic swap, is then executed via a type of smart contract. These transactions are the most efficient solution to Bitcoin and Ethereum’s scaling problem, and opens the way for mass adoption without being limited by the on-chain throughput or compromising security.

Full version: https://medium.com/stakenet/stakenets-vision-part-iv-atomic-vs-lightning-swaps-ea7f38a95f9a

[greenslope]

Weekly DEV Update of StakenetDEX

- First successful BTC <> USDT swaps with closed beta builds

Getting closer to the release of the kraken, hopefully.

[yurez]

CoinPaymentsNET have added XSN to their accepted cryptocurrencies! You can pay now 2.2 Million businesses and merchants in 182 countries with XSN.
See below for more info: https://blog.coinpayments.net/coin-spotlight/stakenet-coin-xsn

[lonerangerh]

We are proud to announce Coinpayments have added XSN to their accepted cryptocurrencies.

Coinpayments is a crypto gateway and payment processor that allows businesses (such as Overstock, NordVPN, Quantfury and many more) and merchants in 182 countries to accept payments in cryptocurrencies.

This integration expands the possibilities and opportunities for our ecosystem! Any of the 2.2M businesses and users of Coinpayments can now create invoices and accept payments in XSN.

Read more here:

https://blog.coinpayments.net/coin-spotlight/stakenet-coin-xsn




This Sunday we will start the first round of our NFT sale on Opensea!

Wanna know something special?

Whoever wins the auction of the Hydranode NFT, will receive free hosting for 1 of their Masternodes with the Stakenet cloud, as long as you keep ownership of the NFT!

[NotHatinJustTrollin]

Weekly DEV Update of Stakenet DEX

What we have achieved
- Internal tests of AMM logic and UI, found some bugs/issues

Current internal development:
- Further debugging of AMM
- Closed Beta users testing AMM UI V1 (once devs have debugged major issues)
- WEB DEX: Layer 2 wallet

What's coming (next weeks)
- UI Updates
- Updating to LND12
- More coins & optimizations  to MCLW
- Chain updates, LP architecture, cold key LP storage


ALERT

The XSN token created recently on binance smart chain is a scam. There is no affiliation whatsoever with the Stakenet project. Anyone can mint a new token on ETH / BSC and such chains with no approval or verification!

[yurez]

The Stakenet NFT sale is now live on Opensea!
Check it out here: https://bit.ly/337b19L

- the auction will end in 3 days
- the NFT owner will get free MNaaS for one MN, which also includes Hydranode
- profits will go to the artist Beekart + future community activities
https://twitter.com/XSNofficial/status/1388820012211843072

[lonerangerh]

Congrats to the winner who bid 0.9 ETH on "The Hydranode"!

Thanks to everyone else who also participated and making this first StakenetNFT sales round a major success!




Today we continue with Pt. 5 of our "Stakenet's vision" series!

In this article we will talk about the benefits of Stakenet DEX:
- scalable and
- high privacy
- low TX fees
- native assets
- XSN MN holders profit from trading fees

Read more here: https://t.co/Oeh29qGbic

[yurez]

Another important milestone has been achieved:
The implementation of the AMM UI v1 vortex for StakenetDEX in closed beta builds!
Users can simply put some funds into a trading algorithm and adjust the risk/reward with a slider.

This increases the liquidity & as it is UI-based, every user can commit liquidity (similar to Uniswap) without needing technical knowledge or use a command line.

https://twitter.com/StakenetDEX/status/1391475883735670786

[greenslope]

StakenetDEX in closed beta builds!

Open the Gates ! Let the traders use the promised DEX !

[lonerangerh]

Weekly DEV Update of @StakenetDEX 👇

What we have achieved 💪:
- successfully deployed version 1 of  #Vortex, our AMM UI to Closed Beta

Current internal development 👨‍💻:
- together with Closed Beta testing and debugging AMM UI v1
- WEB DEX: Layer 2 wallet

[yurez]

Stakenet information campaign

We know that Stakenet has many different facets which can become confusing to new people. That is why we challenge our community to help educate new Stakelords.
Create an infographic, Twitter thread, video, article, or any other form
More info: https://twitter.com/XSNofficial/status/1392135356804390913