If you could invest in a project with it's own hardware device, WOULD YOU?

[Casdinyard]

The open beta is NOT closed buddy, they just stopped accepting new people to test it for the time being. There's a waiting list for those members who wish to help test it.

Do you know by chance how many people are in beta testing? And if ever they will reopen what will be the benefits of beta tester? I'm sure that is quite interesting.

This is a world's first, so obviously it needs a TON of testing, especially with lightning being in constant development. There's been found bugs to fix in the lightning tech itself, something the devs have no control over.
The DEX is already up and running on a test server, trades being made - So I actually do believe we are getting close

No need to rush like tbh, as long as the team is sticking and kicking on the roadmap then nothing should be a worry. At the end of the day, everything depends on the team's adherence.

[1713496625]

1713496625

[1713496625]

1713496625

[1713496625]

1713496625

[1713496625]

1713496625

[1713496625]

1713496625

[kramchers]

That's an interesting question, well if it is Ledger then I guess I might buy a few tokens from them.

But I don't think that they have that kind of idea right now. That should be the mentality of most manufacturers, they should focus on what they do and there's no need to confuse their users whether to make one coin of them and hardware wallet.

But they can right? If one company wants to explore more and warn more they will.
Ledger will have a great marketing as they are known already like waht is libra having now.
I think if they will do the token now i will be one of the investors.

[Flux0z]

The open beta is NOT closed buddy, they just stopped accepting new people to test it for the time being. There's a waiting list for those members who wish to help test it.

Do you know by chance how many people are in beta testing? And if ever they will reopen what will be the benefits of beta tester? I'm sure that is quite interesting.

This is a world's first, so obviously it needs a TON of testing, especially with lightning being in constant development. There's been found bugs to fix in the lightning tech itself, something the devs have no control over.
The DEX is already up and running on a test server, trades being made - So I actually do believe we are getting close

No need to rush like tbh, as long as the team is sticking and kicking on the roadmap then nothing should be a worry. At the end of the day, everything depends on the team's adherence.

Not sure on the exact amount of people doing beta testing right now, but I believe it to be among 10-20 people who's trusted within the Stakenet Community on Discord. People with technical skills, who knows how to code, find bugs and exploits have been prioritized from the "normie" people, who is just as important, because the main goal of the project is to be "normie-friendly", easy to use with no technical skills needed.

The team is working super hard, and it's amazing how much they get done considering how small the projects marketcap is. There are about 40 people actively working on Stakenet in different devisions, so updates and announcements is pretty frequent, which I like a lot!

[wolfington12]

XSN has a hardware device? Definitely going to look more into this.

[Marckolind]

XSN has a hardware device? Definitely going to look more into this.

Not yet, but one is being developed, and will be out there eventually, which is pretty exciting

[letyouearn]

Hype is the main factor I think, if we talk about crypto projects. Hadrware itself doesn't mean anything. Its presence is better than nothing of course, but hype is better for investors I think

[OasisDre]

Hardware device is not a real use case, i won't or can't invest on a project with just hardware device, how will the coin or token of such project be useful for the public? i guess that's what should matter the most, even if altcoins keeps crashing you will be fine if you are holding altcoins with real use case

[Flux0z]

Hardware device is not a real use case, i won't or can't invest on a project with just hardware device, how will the coin or token of such project be useful for the public? i guess that's what should matter the most, even if altcoins keeps crashing you will be fine if you are holding altcoins with real use case

Do some research on Stakenet (the project that is developing the hardware product in the first post) and you'll see this project developed:

A staking pool, which supports: XSN, Stratis, and PIVX (More coins being added later)
Masternode hosting service, and monitoring services, that notifies you via email if your node goes down
Helped the LTC team implement Lightning on mainnet, and XSN being the third project next to BTC and LTC to implement lightning on mainnet.
Invented the first Cold Staking solution, and one of the best ones out there to be honest.
2100+ masternodes, who will soon be the backbone of a huge eco-system of dApps - One of them is the Stakenet Multi Currency Lightning Wallet, with integrated TOR-integration, AND the Stakenet DEX.
Stakenet's Lightning DEX, (integrated into the Stakenet Multi Currency Wallet later). - These 2 dApps will make it possible to: Store/Send/Recieve/Trade instantly, without needing any centralized exchanges.

Besides that, the masternode infrastructure adds cross chain staking possibilites, like: Stake your XSN, recieve your staking rewards in BTC.

Check the roadmap right here: Stakenet.io/roadmap

[Marckolind]

Hype is the main factor I think, if we talk about crypto projects. Hadrware itself doesn't mean anything. Its presence is better than nothing of course, but hype is better for investors I think

Hype wont return, before BTC moves back to it's ATH, or that the whales decides Alt's is valueable again.
This project will do pretty well next bull run, due to it's innovation on the Lightning Network, which is pretty cool if you actually understand it.

[Altseasonmike]

I just visited xsnexplorer.io and recognized a new Tab for Trezor.
Also featuring a Tab now for TPoS. Directly from the Trezor Device, Awesome!
Looks like the implementation is in his endings.

[Flux0z]

I just visited xsnexplorer.io and recognized a new Tab for Trezor.
Also featuring a Tab now for TPoS. Directly from the Trezor Device, Awesome!
Looks like the implementation is in his endings.

Well, from what I understood, Trezor just needs to implement the pull requests from Stakenet itself, and should be working. I know that's the case with Ledger.

[Wintersoldier]

The open beta is NOT closed buddy, they just stopped accepting new people to test it for the time being. There's a waiting list for those members who wish to help test it.

Do you know by chance how many people are in beta testing? And if ever they will reopen what will be the benefits of beta tester? I'm sure that is quite interesting.

This is a world's first, so obviously it needs a TON of testing, especially with lightning being in constant development. There's been found bugs to fix in the lightning tech itself, something the devs have no control over.
The DEX is already up and running on a test server, trades being made - So I actually do believe we are getting close

No need to rush like tbh, as long as the team is sticking and kicking on the roadmap then nothing should be a worry. At the end of the day, everything depends on the team's adherence.

Not sure on the exact amount of people doing beta testing right now, but I believe it to be among 10-20 people who's trusted within the Stakenet Community on Discord. People with technical skills, who knows how to code, find bugs and exploits have been prioritized from the "normie" people, who is just as important, because the main goal of the project is to be "normie-friendly", easy to use with no technical skills needed.

The team is working super hard, and it's amazing how much they get done considering how small the projects marketcap is. There are about 40 people actively working on Stakenet in different devisions, so updates and announcements is pretty frequent, which I like a lot!

Would it be better if the beta testers are completely one of a classified normies? If they will beta test their product with experts, normies will have a different point to consider. What if they beta test the product with normies, then fix anomalies by the experts. In a simple IT product that is how projects are being tested.

[Flux0z]

The open beta is NOT closed buddy, they just stopped accepting new people to test it for the time being. There's a waiting list for those members who wish to help test it.

Do you know by chance how many people are in beta testing? And if ever they will reopen what will be the benefits of beta tester? I'm sure that is quite interesting.

This is a world's first, so obviously it needs a TON of testing, especially with lightning being in constant development. There's been found bugs to fix in the lightning tech itself, something the devs have no control over.
The DEX is already up and running on a test server, trades being made - So I actually do believe we are getting close

No need to rush like tbh, as long as the team is sticking and kicking on the roadmap then nothing should be a worry. At the end of the day, everything depends on the team's adherence.

Not sure on the exact amount of people doing beta testing right now, but I believe it to be among 10-20 people who's trusted within the Stakenet Community on Discord. People with technical skills, who knows how to code, find bugs and exploits have been prioritized from the "normie" people, who is just as important, because the main goal of the project is to be "normie-friendly", easy to use with no technical skills needed.

The team is working super hard, and it's amazing how much they get done considering how small the projects marketcap is. There are about 40 people actively working on Stakenet in different devisions, so updates and announcements is pretty frequent, which I like a lot!

Would it be better if the beta testers are completely one of a classified normies? If they will beta test their product with experts, normies will have a different point to consider. What if they beta test the product with normies, then fix anomalies by the experts. In a simple IT product that is how projects are being tested.

They've got people who are technical, and "normies" testing, but what I'm saying is, that the majority of the testers right now seems to know more about the technical aspects of everything.
I'm pretty sure that a public release is getting closer day by day, so pretty excited about that!

[gaston castano]

Ledger is a well-known wallet provider, I think if he holds a kind of ICO it will raise a lot of funds and attract investors because they already have a big name before.
as well as LIBRA coins made by facebook and TON from the telegram will provoke a large fomo because it is worldwide.

[Flux0z]

Ledger is a well-known wallet provider, I think if he holds a kind of ICO it will raise a lot of funds and attract investors because they already have a big name before.
as well as LIBRA coins made by facebook and TON from the telegram will provoke a large fomo because it is worldwide.

Agreed, but Ledger needs some competition. While it's a good hardware provider, they are extremely slow at implementing new coins, integrate pull requests, and stuff like that. You'd know that if you where waiting like TONS of people are for Ledger to integrate stuff.
Example: Cold staking with XSN. It's been ready for MONTHS, only need Ledger to accept the pull requests, but they are taking forever. Hopefully Viper will be better at support, crossing my fingers

[nanaimogold]

I will not invest in VIPER because it has its own hardware wallet like Ledger and Trezor but if I see potentials that may suggest VIPER may become the next biggest hardware wallet, then I will invest in its tokenised asset. But until then, I will rather stick to proven and assured investment options till I am convinced of the risks of investing into new hardware platforms

[magneto]

Why?

If I buy their product, I don't expect to have to pay for future costs in the form of their own utility token or whatnot - I expect to buy Ledger, use it, and not have to worry about ongoing costs.

And if it's not a utility token, why would there even be any demand for the coin in the first place?

A lot of these things have to be attributed to hype, due to what appears to be a company with an actual product (who doesn't like when a project has its own hardware, huh?). But what people don't realise is the fact that their tokens can be just as useless and intrinsically valueless as some of the vapourware, just not to the same extent.

[coinbeach1@gmail.com]

I think HPB is going to replace the top coins.  It has one of the highest TPS and hardware nodes.

With a cold wallet
https://www.ellipal.com/pages/ellipal-titan?ref=5da5917ba4f13

[TaliskerDarkStorm]

Wallets with their own hardware have always been safer for me. For example, the Cobo Wallet is a wallet with its own hardware. It's waterproofed and bulletproof. Besides, it's really great to have her wallet used as a cold wallet.

For me, wallets with their own hardware are always one step ahead.

[r_delossa]

The time has shown, that even projects that already have a working product can fail and scam investors. In case of hardware, it will all depend on sales and if the company is able to make profit and attract new investors.