Topic: [ANN][XSN] Stakenet - The World's First Trustless Proof of Stake Coin - page 6. (Read 65184 times)

The XSN team is not in a joke, they continue to work and publish the latest news.

We just reached over 3000 XSN Masternodes, with over 20 million dollars in total value locked and 40% of the circulating supply!
This is an amazing milestone, as it is laying a really decentralized foundation for our upcoming StakenetDEX and other dApps!
https://twitter.com/XSNofficial/status/1377648867437600773

April Fools?

Stakenet’s vision: Part I — DEX vs CEX

As we draw closer to the public launch of the Stakenet DEX, we have planned a short series of articles highlighting the various types of cryptocurrency exchanges, with their advantages and disadvantages, and finalising with a summary of new developments in this area.
We have planned a community activity at the end of this article series, so make sure to read it thoroughly. We begin with the most common and popular type of exchange, a centralized exchange.

For a long time, a CEX was the only way to trade crypto. The first generation of CEXs opened for business around 2010. They’ve played an essential role in boosting crypto adoption by making it accessible to broader audiences. The largest exchanges today (i.e. Binance, Bitfinex, Coinbase) continue to operate as centralized exchanges.
This type of exchange is fast and capable of providing good liquidity, CEXs can handle heavy traffic and are relatively easier to set up and operate. Their role as custodians of their users’ funds requires that they adhere to tighter government regulations — which provides a certain peace of mind that might appeal to a new investor....

Decentralized exchanges (DEXs) arose to match the need for a secure, permanent, immutable medium to trade assets freely and without interference or special permissions from centralized entities. In other words, DEXs extend the immutable nature of the blockchain to cover the trading mechanism.....

A very interesting comparison between DEX and CEX, full version: https://medium.com/stakenet/stakenets-vision-part-i-dex-vs-cex-158467acb532

Roadmap Update | MARCH 26 2021

As we make great strides through our current Roadmap, we have now updated the progress percentage for each item within it.
Stakenet Wallet
-ETH + ERC20 token support | 85% -> 90% Our team has integrated connext into our light wallet allowing users to deposit and withdraw ETH and ERC-20’s. Currently we are finalizing the channel opening and closing functionality and then will be testing swaps from the light wallet/DEX interface. (We have already run successful stress tests of this functionality using the daemon).
-Simple Swap UI (SSUI) | 80% -> 90% Our SSUI will continue to be optimized in closed beta and will be a key component for L2 interactions of channel managment and exchanging.
More details: https://medium.com/stakenet/roadmap-update-march-26-2021-6161070c066e

Stakenet dev team are making great progress with our DEX web interface!
They've created a repository for this open source code, so you can watch it work progress here: https://github.com/X9Developers/stakenet-web-ui

See a preview of the working design below
https://www.youtube.com/watch?v=EEjZA3XzxP0

XSN CORE UPDATE | March 2021

Developers and team have been hard at work the past month working on integration of Connext into our Multi-currency Light Wallet, executing USDT-BTC stress tests, development of a web DEX interface and other key points which bring us closer to our key targets ahead. Find out more below!
-Connext Integration Update
-DEX Stability Testing
-DEX Trading Update
-DEX — Web Interface
-Community & Team Updates
-Upcoming Strategy

Full version: https://medium.com/stakenet/xsn-core-update-march-2021-9a212bbd6edd

That's the key word !

Stakenet have successfully deployed the "taker pays maker" (negative) fee model to closed beta!

Anyone using the latest version of Stakenet DEX can now receive taker fees with any limit orders filled.

We will be running dedicated tests with beta users this weekend!

https://twitter.com/XSNofficial/status/1373305157283368961

Hi,

Thank you for your reply. It would be nicer, if the team moved away from Discord. There is for example : https://matrix.org/ which would be way better !

Maybe there is some Starwars fantasize in the team, with an ideal to have a mega official release of the public beta party...

I don't really understand what are the arguments of the team to not release the link publicly to download the latest rolling beta.

There will still be updates after the release. It would just permit to more users (who aren't all on discord) to join !!!  

Just my 0.01 XSN

I would also like to know this, perhaps this question is better to ask in Discord since here representatives and developers do not appear.  I hope it remains to wait a few weeks or months. Let them make an excellent and demanded product without bugs, the main thing is that the launch took place on the growing market.

Users? You are trolling us ! When will the link to the rolling beta be available to real users worldwide, and not just discorders?

DEV UPDATE
ConnextNetwork browser node has been integrated into our light client!
Users can now access ETH L2 without the need to DL dependencies, bringing the Stakenet DEX another step closer to an easy accessible and low friction UX
https://twitter.com/XSNofficial/status/1372245506743668740

Like opening the closed beta to the public?

How come XSN didn't do anything special for it's 3rd birthday?

The Stakenet team is getting bigger and is proud to announce that both the development team and the community focused team have begun to expand!
developers:
- Architect who is focusing on our Web UI and browser node along with ConnextNetwork
- Rmidzic who is our new UX lead, who will be focusing on updating the StakenetDEX UI
community-facing team:
 - s54 has been added as a new community moderator
https://twitter.com/XSNofficial/status/1370728773365153796

RELEASE THE KRAKEN !!!

I won't share the link received in discord, many wants it, but I REFUSE to share it as you asked and they REFUSE to use discord as such :

RELEASE THE KRAKEN !!!

just the download link... it's not even a stress test, it's just a proof of concept.

RELEASE THE KRAKEN !!!

Stress tests for USDT-BTC  are stabilized and underway!
Using ETH L2 via ConnextNetworkand BTC LND by lightning Stakenet devs are able to cross chain L2 swap without the need for custody/ sidechain wrapping. Tests seems great.
https://twitter.com/XSNofficial/status/1368284784687013888

When will a link be available to download the "private" rolling beta? It will never be over or finished anyway. There is no FINAL version. Just go : LIVE !

World's First BTC/USDT Trade on a DEX has been Accomplished

For the first time ever, regular users will be able to instantly trade or swap cryptocurrencies with low fees on pairs such as BTC/USDT, ETH/USDT, BTC/ETH, and many, many more, fully decentralized with a pro-trader interface as we know it from the centralized exchange experience, as well as through a Uniswap-style one-click swaps for non-pro traders.

The development team is preparing trading bots to stress test BTC/USDT, which will showcase the DEX's capabilities in handling high tx/sec utilizing the Bitcoin Lightning Network, ETH L2, and the newly added Connext client to compete with centralized exchanges.
The creation of this highly scalable platform that offers a win-win situation has already set a new standard - a very high standard. With this, traders now have access to a new platform that does not require logins or KYC, one that does not have any limits or insanely high gas fees.
https://thecapital.io/article/worlds-first-btcusdt-trade-on-a-dex-has-been-accomplished-MU-BJDm6vj_jFFo5zQO

We are happy to announce that the Masternode Vote for March's dev budget has passed!

Below is an overview of some of the near term targets the devs are currently working towards:

1. Connext/ lssd channel stability (wallet team working with closed beta on stability)

Users will be able to use the DEX UI for ETH and ERC-20 tokens. We can then create further promo videos for all to see!

2. Browser node support (working closely with connext on this, almost solved)

This enables users to download the wallet and commence using it without the need of downloading Docker. As an additional point, this will allow us to create an ETH Layer2 Web DEX! (A special nod of appreciation to architect for helping with this).

3. USDT stress tests (sorting final stability for these with the team, almost solved)

This will showcase how the Layer 2 DEX can handle high volume traffic with ETH <-> BTC