Topic: [ANN][XSN] Stakenet - The World's First Trustless Proof of Stake Coin - page 27. (Read 65184 times)

so the devs are doing their jobs and got the ltcf cooperation through hard work, and the dash 0.13 update frees else otherly invested devtime. the price does not really show that, but as long as there are the old devfunds i dont think that the development is in jeopardy. from the 11,500,000 stated some time ago in this thread, there are still 6,288,792.6213561 xsn left on the addresses from the faq - https://stakenet.io/faq/#what_is_the_treasury . even with our horror prices right now, that is a good basis for not getting too stressed out, and continue developing instead of worrying. so i would put that out more - having stable perspectives in development without having to stress out about the funding should be something people aprpeciate. at least so called smart money

the big picture wouldn't be achievable at all without that sort of financial security. and since the puzzle pieces are slowly fitting together - mn/ln/ltcf/dex/dapps/ccpos, tpos/xeeda/ledger/viper, and the right core to implement great work (dash <3) by others without a need to hardfork (just to name a few), it should not take too long that more people will come around. the lightwallet should make it easier for people to come around as well. on the other wallet - it was about time to change some things (logo) very long ago, now with the much appreciated help of dash, there should be freed ressources to help. and having a nice looking and easy wallet seems to be as important as good tech, cause most people dont seem to care about understanding what they are doing, but want one click solutions. since i am writing about the wallet - pls, pls, pls make an unlock for staking only feature and improve the scalabilty for small/big resolutions.  

there are some obvious problems as well. unless the team directed some of the funds to addresses not mentioned in the faq, there was a lot of sell pressure because of the very high rewards in the beginning as well as when 5mill xsn got sold over the last year, it wasn't exactly helping the price. in hindsight i think xsn never should have had as high rewards, but hey nobody was expecting that posw would be traded at 1$ for promises (bull) and xsn always below that for delivering (bear). but all in all bear combined with sells explains a lot. not that bull and bear markets explain everything, and of course even duringst them there can be anticyclical projects (though its easier to be anticyclical during a bull of course). nevertheless point being, that the bear was taking its tolls and intensified the negative impact of inflation and selling funds for development. But there is hardly a better way of dealing with a bear than just push forward through development, dont get me wrong, but it of course plays an immediate role pricewise when coins are sold, whilst the development seldomly immediatly resonates, but with good dev it will materialize far better returns over time, than what the short term selling is costing.

in the end two pleas:
pls dont put more goals on the roadmap due to the work dash has done, but regroup the ressources for the goals already written down
pls update the whitepaper, the 2018 roadmap in there hurts a little, i'd put in the achievements of 2018 and (still speaking of what i would do) put in the roadmap without the qs, telling people to check stakenet for updates.

This should keep some people happy:

https://twitter.com/XSNofficial/status/1084766869373046784

I decided to install my wallet on another machine and not very impressed with the way the company's vision is as far as marketing.  Only pretty naive business people think that the market thinks like they do, or wants to think like they do.

So, this is a crypto coin for the crypto geek community only.

First, I have to go to Github.  Which is now owned by Microsoft, an ominous sign.  Github is slow today for some reason, maybe MS doesn't like competition anymore.  They've turned over a new leaf, and decided to become competitive over time and are not allocating as much bandwidth.  Well, I guess some people sell out eventually.

Second, on Github it doesn't really say "Download the great new coin's wallet here."  But there are "updates."  At first it kind of looks like they might be patches or something.

I've taught the public and even business owners computer topics and believe me, they don't think like techies. 

If you want any major adoption, you have to rethink your marketing/tech deployment angle.

I know this sounds like a rant, it's more like just giving a perspective and a little humor.   But, seriously, there is a lesson about trying to make one's interface as simple as possible. 



 

In this format much easier to perceive information. Thanks for the update. According to the roadmap this year will be interesting.

StakeNet listed on https://masternode.plus/coin/XSN

We have updated our project summary with details of our upcoming software and #hardware developments and key characteristics of our #Masternodes and #LightningNetwork. We encourage everyone to read this to understand our vision and development focus:

https://stakenet.io/Project_Summary.pdf


https://twitter.com/XSNofficial/status/1083346708015267841

The first pull request has been merged by @LedgerHQ for #XSN support  https://github.com/LedgerHQ/lib-ledger-core/pull/79

Also our dev team @X9developers’s work has been merged into #litecoin from our collaboration with @LTCFoundation

https://twitter.com/xsnofficial/status/1083002396706566152?s=21

Some more information regarding Ledger and the next steps for Litecoin collaboration. Ledger have merged the first pull request to seems to be progress on the integration of XSN! https://twitter.com/XSNofficial/status/1083002396706566152

is this the updated version or the one from the morning(cet)? cause i didn't get to see the one in the morning, only the message it would be adjusted.

edit: if it is not the adjusted one, i think the dev funds converted from old posw times should be accounted for as well. last i found in this thread was 11.5mill, was some time ago, but gives a healthier - more funding, a little less market stress, more development - perspective imo

Check out this XSN Investor Factsheet, it highlights all the different ways you can earn passive income with XSN

https://stakenet.io/Project_Summary.pdf

Edit: updated link

You have to remember a lot of work is happening in the background, things like the LTC collaboration don’t happen overnight. The devs had to prove themselves and LTC went through everything with a fine tooth comb as they aren’t going to let a bunch of amateurs lose on their codebase. Yes that might have pushed back a few items on the roadmap as resources were diverted but I think it’s safe to say the work will pay off and is worth a little delay.

Anyway here is a new interview with the Team that just went up:

https://link.medium.com/gn4H77MniT

Interesting ...

I am watching!

#crysx

i really dont count on ledger being fast all of a sudden, but would be a very good development nevertheless. finally getting one of the gateways to security concerned people back. should increase overall interest - first step seeing that the coin exists - in tpos and xsn.
wasn't convinced that there was still too much development going on (and judging by releases and commits as well as finished roadmap items and not comments on a gaming chat), the cooperation with the ltc foundation, showed me nevertheless how wrong i was on that.

but i want to defend myself a little as well -

the whitepaper has not been updated for a while (at least the one on stakenet), has a very interestign and old roadmap in it (fuck the typos and small changes), and shows what people were told the team thought achieveable. q3/4 was almost nothing when i look at the roadmap.
on the other hand q3 has the lightning channels and swaps q4 has the best thing happening since tpos - the cooperation with ltcf

when i mentioned streamlining the message in this thread some time ago, it was about things exactly like that.

for me xsn is the TPOS, Lightning, CCPOS(still to come) coin

for most people it seems to be some masternode pos coin as others, and judging by what you see comparing roadmaps, whitepaper, this thread and discord. especially a mn coin. so i guess that is why the team has to talk quite a lot about future earning possibilities of mn. obviously money and how to get more of it are very important parts in teh crypto community, but xsn is just so much more than that at the moment. took me a while to get to the point that the former posw - especially after skas p&d allegations - was really trying to be different from posw. the roadmaps got changed quite a lot, the whitepaper does not seem to be the full xsn picture anymore, and finally a twitter contest without too much too show for releasewise. and then the ltc foundation cooperation starts, and hey, finally i can feel stupid for distrusting the work of the devs.

the whole picture always sounded like a shill before, yeahyeah, sure you gonna do that, gonna wait for your next pump, if someone believes it, and finally get out. no pump happend, no get out. but all in all reading whatever starhead says makes sense now, and so does hodling xsn for now.

Oh what’s this on Ledgers github:

https://github.com/LedgerHQ/lib-ledger-core/pull/79

so both last releases are stakenet.io (mnaas, rsb), next maybe ledger (not within xsns reach). if i were the team, i would put the cooperation with the ltc foundation on it(2018 ofc), not because it was planned, but because it was the best sign of the lightning devs doing great jobs and it would be a huge achievement coinwise, which does not have any in the last quarter on the roadmap right now.

oh and i like the roadmap list on stakenet by far better than the changeable estimations roadmap, which as always will be taken as fact

2019 Roadmap up on Stakenet.io now:

https://stakenet.io/roadmap/

Both Cloud Staking and MNaaS will add support for more projects over time. Right now they are focussed on ensuring stability and security of the platform and refining the backend architecture to streamline processes. Once that’s complete they will begin adding new projects.

thank you so much for clarifying!

Yes, i suppose they got more concerned with that specially after POSW being hacked in the past.

So it'll only be STRAT, PIVX, XSN, QTUM and DCR or there'll be more projects listed there on the future?
any info on that?

Also as you can see on the new roadmap plans to add TPoS contracts to the MN network so then will litteraly be a 1 click solution. Click start TPoS, MN runs contract, close wallet and forget about it.

tpos - trustless proof of stake

basicaly you are delegating your staking process from the wallet holding coins to another wallet (of a merchant/yourself on a vps). coins dont need to be online to be eligible for rewards.