Topic: [ANN][XSN] Stakenet - The World's First Trustless Proof of Stake Coin - page 10. (Read 65167 times)

This is still a beta... be patient, it will be resolved.

We need to talk.

Firstly, you need to understand that only organizations backed by central banking money printing can afford censorship, but only temporarily.

For those unaware, some of the handlers of the xsn discord chan and I had a fallout.

I was arguing that it's only possible to attract liquidity to the Dex by having lower txs costs than the avg price of the industry (cex and dex).

I did my argumentation once, with a very positive welcoming of the most astute in the discord, but a while later (weeks) I expanded my opinion on this matter.

And got banned, by some brutal ignorant and arrogant worthless scumtrash... the kind of filth, of disgusting avid and cupid snowflakes.

Unable to handle properly the "battle idea", they like a pack of subhumans, resorted to "mute" me from the discord.

Of course, it was another blow, another deep stab against any form of censorable and thusfar centralized system of expression.

So I did what every sensible and intelligent holder had to do... I cleared my position.

And I was not alone... I was lucky to be able to dumb just below 4k sat.

And then the avalanches and cascades of orders kept coming, and still to this day we are in a massive sell off.

So now you have a little context.

I refuse categorically to join any of those censurable system of discussion, where there is no hope but to end in the same mindset.

The gatekeepers of speech, will always turn to protect what they believe to be their interests, and how to move on hard path with such beings unable to take criticism and more importantly being able to win argumentatively against all opposition.

Those who can't aren't leaders, but authoritarian totalitarian dictators, and the real market participants will always and forever hate you.

You have read all of this and may ask yourself what's the point?

The point is that I like Dexes, that the price has crashed exceptionally well for me and that this lightning project could overcome its challenges...

And that's the thing, there is no way for me to reenter a position in your project, if something aren't addressed, not from an organizational perspective, but from a deep understanding of the market mindset.

There is no place for censorship.

It's about the dex or anything related to xsn, even if you hate the speaker, even if you hate the words and their meaning toward your goals, YOU NEVER RESORT AGAIN TO CENSORSHIP AGAINST ANYONE.

This must be a pledge for the whole team and anyone taking part in the project.

Free speech is a God Given Right and the only way we could move forward, fast, and more importantly discover what is going wrong and what is going well...

With the fear that transparency is only a fiction, so many unknown not even unknown may remain unknown to the wide market.

And this is intolerable and a condition sine qua non.

About the actual code

• The resting orders problem must be solved. Those ghost orders from disconnected traders wreak havoc in the order book.

solution : having the pending orders check frequently with the trader app to check if he is connected, and when not the order should automatically be removed from the book (can even use a side book of unavailable book order, again transparency).

• The cost of renting a lightning chan is way too high and prohibitive specially when using the xsn as collateral, it's not possible to have to spend $1 or $2 to get access to a chan.

solution : reduce fees to the max and find a way to code a market for lightning chan rental on the dex (decentralize everything).

• An advance setting dex with a modular approach of the code, ie let the users fine tune their dex, from tor personal config to being able to use their own lightning node btc and xsn wallets (digital sovereignty)

solution : more coding.

• Keep setting stored, no banner all the time, no confirmation flag, once is enough

solution, once the user start once the dex and or what one click trading, keep this stored in config file, to end those time consuming pop ups.

• Let the users decide which market to trade

this is the last urgent technical issue (with being able to have many open pairs at the same time without reloading and fixing the stupid graph which doesn't work at all)...

This is part of the arrogant, subhuman, filthy, devoid of any intelligence of pretending to chose which pair to trade...

I don't care if a brain dead muppets tells me that there isn't any volume on LTC/XSN and that it's disconnected, who this person think he is? Now disconnect xsn/btc? be logic and consequential at least.

solution : allow anything that can be traded RIGHT NOW and rather than waste months (finish it now) on $eth, ADD ALL OTHERS LIGHTNING READY CHAINS ASAP.

Organization

• To have a culture of free speech, of free flow of ideas, the software used to dialogue on the project need to have absolute best moderation. The goal isn't to have a polished clean no talk, no opposition, absolute fake community. Everyone but some low skilled marketers will not see through it.

• I understand you are just coders, having never had any success prior to that, and having lead nothing of significance. This is not a problem, as long as your arrogance doesn't destroy your organization. Admit what you know, and more importantly what you don't. Divide the work, and have a clear responsibilities, objectives and dead lines.

• The project and todo list is so yuge and amitious, from the main wallet with privacy, and even more fancy function, to the dex and it's promising idea of a p2p one click instant trade, that more talented coders need to be on-boarded.I know it's hard for some to have to share the actually shrinking reward pool, but it's the only way to breach this technological wall.

• Those answering questions on discord must know their answers, or simply admit they don't and stfu. Nothing is more worrysome that noobs faking knowledge pretending to help while unable to even understand the question... (the one in question know himself)

Actual Personal Opinion


Prove me wrong... nothing is more telling than censorship.


I would like to believe that real reforms are possible.


What's the point of the dex?


That's one of the fundamental questions that the coders should have answered themselves before spending months to release this update rather than first add all the already natively lightning compatible chains... the compromise would have been to be able to do both at the same time. To have the organizational structure and cultural coherence to attract and welcome talented coders to achieve this milestone in the crypto world...

Fundamentally :


problems remains... How to trade more than the lightning channel capacity? the answer is renting channel, however in its current form the whole dex is a yuge giant lie... It's totally centralized, there is nothing decentralized.

will see what the future brings.

I would be happy to enter even above 5k if the project can really re-sync itself...

I hope that all this new money extracted by the devs will not make you lose sight of the objective...

Don't forget the upkeep of fuck, float, flight (or lambo) is super high and what it is will only symbolize the failure and incapacity to achieve the task :

instant p2p trading...

of course the legions of the CEXes don't want this or any p2p project to succeed, like the censor of free speech, they want their corrals, full of captive brain dead sheep ready for the great slaughtering...

And to those I say, you may have helped doom this project, maybe it will be reborn from its hashes, but rest assured, we will free ourselves...

DISINTERMEDIATION.

(in a subatomic universe it's seems logical, which p2p dexes will be the force linking to facilitate exchange? _{there are others contenders...})

wait and see.

have fun, I hope you had fun reading this, that I didn't wasted too much of your time and thank you for your attention, hoping to read your constructive comments here!

important disclaimer here that livecoin is quite scammy and you can find some posts about it here on bitcointalk.
it works but I wouldn't leave coins parked on exchange.

have you considered a partnership with the Blocknet? that would be cool, DEXes getting together.

but indeed it'd be good to see XSN on a bigger exchange.

There is one last day left for the update. Released version of wallet update to v1.0.24 : Fixed issue with invalid contract initialization when adding tpos contract.
https://github.com/X9Developers/XSN/releases/tag/v1.0.24

DEV UPDATE Oct 3
- Successfully updated our wallet lnd to lnd11
(Read more about the release here https://github.com/lightningnetwork/lnd/releases)
- Both $ETH wallet support and a simple swap UI both on the way
- Onboarded further bot makers. Allowing for improved liquidity and stress testing
source : https://twitter.com/XSNofficial/status/1312510224876544000

Might actually give me a reason to use my Ledger again. 

XSN Mandatory Wallet Update V1.0.22–8 October 2020
the latest core wallet version 1.0.22 which is a mandatory wallet update. This update focuses on TPoS and Masternode stability improvements and the much awaited TPoS signature update that will allow staking from a hardware device. This update is mandatory for everyone who has an XSN wallet — Stakers, Masternode Owners, TPoS Merchants, and hodlers.
https://medium.com/stakenet/xsn-mandatory-wallet-update-v1-0-22-8-october-2020-daceabd4535d

I did the math. There is an additional 3,077,145 XSN in total supply atop the circulating supply.
However, there is 3,539,037 XSN in the "burned" wallet pictured below. This takes an additional 461,892 XSN out of the circulating supply.
There is still the question of what will happen with Cryptopia XSN too. Frozen in limbo. If people don't get their money back, it could be burned.
Subtracting that would reduce the supply to 101,669,767 XSN.
39,600,000 XSN is locked in Masternodes. 5,600,000 XSN of that came since January 1 2020.




Without Cryptopia funds factored, 38.94% of XSNs supply is in masternodes.
With Cryptopia funds factored in, 37.29%.

I think XSN will have more scarcity problems than anything.

and if you care looking up how many coins are circulating/what the total supply is [https://xsnexplorer.io/], there must have been some emergencies noone knows about seemingly

more so (the disillusionment formed in an underdeveloped brain) than your signature implies for another project(which seems to be an itsy-bitsy-teenie-weenie dead)? there is more than enough to criticize within the nazi ridden community (one look in #offtpoic on discord tells enough) as well as the rather interesting strategies of a group of devs, that is able to print 7mio coins like *poof*

What DEX is out? Is there another DEX cooking? Limpid eyes, wide ruffled face, slovenly mouth used to taste of alcoholic spirit are characteristics inherent to an average stakenetter. U stake coz u want to forcefully tangle urself in a belief that there will be some use from staking in the first place which is how disillusionment is formed in an underdeveloped brain.

An open launch of beta testing of the Stakenet DEX platform took place, an article was published on the blog, detailed instructions for using it https://medium.com/stakenet/stakenet-dex-open-beta-dd5c78175608

Here's a pic of it for anyone interested  

XSN Core Update | Sept 05 2020
Head on over to the link below to see:
- new simple Swap UI
- the latest on Ethereum integration
- what's happening with hardware devices and more
https://medium.com/stakenet/xsn-core-update-sept-05-2020-3044eff3013e

Eventually, dont' worry too much about it.
The DEX is out, which makes XSN way way easier to get your hands on as an investor, since you don't need to trust any centralized exchanges. That's a pretty big deal.

I'm sure XSN will be on the major exchanges at some point, but isn't the biggest priority right now.

this is great news!
also i see some updates, because Stakenet V4.0.3 Is now released!
4.0.3 comes with
- Runtime fix for windows
- Improved mgmt
- Watchtower support via Justice tx’s (V1)
- General UI improvements
source
https://twitter.com/XSNofficial/status/1299412328610398209

i believe soon or later my friend, just be patience
for now, you can buy xsn, just click the link below and you will see the list of exchange to but xsn
https://coinmarketcap.com/currencies/stakenet/markets

when will our coin be added to major exchanges such as Binance,KuCoin,Bittrex ?

Congrats to the team on this!

Stakenet DEX Open Beta
We are proud to announce the official open beta of the Stakenet Light Wallet and DEX.

Details on  https://medium.com/stakenet/stakenet-dex-open-beta-dd5c78175608