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Topic: If you're a huge fan of BTC and LTC, You might want to take a look at Stakenet. (Read 336 times)

jr. member
Activity: 322
Merit: 2
Stakenet is really an interesting project. Will definitely check it out.
I  like that you can stake xsn and receive Bitcoin as reward.

How about the USDT moving to lightening network? Has it move yet? Been long I read stuff about USDT. I guess Stakenet should consider adding few more stablecoins just incase something happens to one.

Can applications be built on top Stakenet?
Tether hasn't implemented Lightning yet, but they're planning to move to it.
XSN's masternode network supports code agnostic dApps.
Ucy
sr. member
Activity: 2674
Merit: 403
Compare rates on different exchanges & swap.
Stakenet is really an interesting project. Will definitely check it out.
I  like that you can stake xsn and receive Bitcoin as reward.

How about the USDT moving to lightening network? Has it move yet? Been long I read stuff about USDT. I guess Stakenet should consider adding few more stablecoins just incase something happens to one.

Can applications be built on top Stakenet?
jr. member
Activity: 322
Merit: 2
Yeah Stakenet isn't trying to reinvent the wheel. If anything, it's working to put the wheels on a lighter, stronger tire axle.  Grin
The only thing they're really trying to replace are shady centralized exchanges.
member
Activity: 406
Merit: 10
I have already heard of Stakenet and it seems like it would be another banger in the nearest future. The only question is why is the price so unstable and how long does it take to launch their wallet and all those factors?

just be careful on those copycats that want to beat bitcoin or litecoin. they might have outstanding features but they won't beat the popularity or longevity of these old coins

I think you've got the wrong impression of Stakenet dude. They DONT want to be the "the best", it's been addressed by the devs so many times already. They want to ENHANCE the user experience of BTC, LTC, and crypto in general. Making it easier to access, trade, store, etc. etc.

No one's beating BTC or LTC in terms of popularity like that, you'd be completely delusional if that was your game plan.
full member
Activity: 1848
Merit: 158
I have already heard of Stakenet and it seems like it would be another banger in the nearest future. The only question is why is the price so unstable and how long does it take to launch their wallet and all those factors?

just be careful on those copycats that want to beat bitcoin or litecoin. they might have outstanding features but they won't beat the popularity or longevity of these old coins
full member
Activity: 448
Merit: 100
send and receive money instantly, w/no hidden cost
The cross-chain event does not work at any desired efficiency. Under normal circumstances, this market is very open to innovation. However, something needs to be accepted and used to make money unfortunately. Good advertising means a lot.
legendary
Activity: 1568
Merit: 1041
1GhxHtabWhEpdb7e7oEJ2vd542n33BwTHR
I think the cross-chain proof of stake idea is a really good idea and the market cap is only about $4million right now. I'll probably pick up a few while it's only at $.04. I'm guessing they're not on track to get the cross-chain staking working by the end of the year? Their roadmap shows it's only 10% of the way completed and we're in October. I guess we'll see. I'll keep an eye on that and get in if it looks like that feature is getting close to being done.

The DEX needs to be up and running, before they can start working on it, but once it's up and running (and will be soon), it should be a fairly easy integration on their part.
If not by the end of the year, I expect cross chain staking to be available at Q1 2020. Smiley

Awesome! I'll go find this project on social media somewhere so I can follow the project. If it looks like it's getting close to completion, I'll probably pick up a few. The only thing I don't like is it's not really on any good exchanges. That makes it kind of hard to pick up the coin right now. I'll definitely be picking some up eventually though.
jr. member
Activity: 352
Merit: 3
I think the cross-chain proof of stake idea is a really good idea and the market cap is only about $4million right now. I'll probably pick up a few while it's only at $.04. I'm guessing they're not on track to get the cross-chain staking working by the end of the year? Their roadmap shows it's only 10% of the way completed and we're in October. I guess we'll see. I'll keep an eye on that and get in if it looks like that feature is getting close to being done.

The DEX needs to be up and running, before they can start working on it, but once it's up and running (and will be soon), it should be a fairly easy integration on their part.
If not by the end of the year, I expect cross chain staking to be available at Q1 2020. Smiley
legendary
Activity: 1568
Merit: 1041
1GhxHtabWhEpdb7e7oEJ2vd542n33BwTHR
I think the cross-chain proof of stake idea is a really good idea and the market cap is only about $4million right now. I'll probably pick up a few while it's only at $.04. I'm guessing they're not on track to get the cross-chain staking working by the end of the year? Their roadmap shows it's only 10% of the way completed and we're in October. I guess we'll see. I'll keep an eye on that and get in if it looks like that feature is getting close to being done.
member
Activity: 406
Merit: 10
I have already heard of Stakenet and it seems like it would be another banger in the nearest future. The only question is why is the price so unstable and how long does it take to launch their wallet and all those factors?

Good questions buddy, the market will decide the destiny of this project I guess. I'd suggest to take a look at mintMe project, it's an exchange with a list of tokenized projects from entrepreneurs such as artists, YouTubers, and influencers thus the traders have the chance to decide which tokens are the best to trade with, all of this at the same mintMe platform

By looking at your username, I assume you're the founder/creator of this project? Never heard of it, but I'll check it out, lol.
member
Activity: 406
Merit: 10
I think your project has a future, but let me see the evidence that you have cooperated with Litecoin? If you have real evidence, you will surely have a successful project.
Come back here and show me your proof, if you can show it to me, I'm ready to be the project's bounty manager for very cheap wages!

Here's proof. Quick Google search would have confirmed it's true.
https://medium.com/@LitecoinDotCom/litecoin-foundation-x9-devs-partner-to-support-ltcd-and-lightning-network-19c37db23d70



I have already heard of Stakenet and it seems like it would be another banger in the nearest future. The only question is why is the price so unstable and how long does it take to launch their wallet and all those factors?

The Multi Currency Wallet (With integrated Lightning Swaps, and TOR-integration) is finished, but is undergoing public beta testing, to make sure all bugs, typos, UI flaws, and other small things like that is fixed.
The Stakenet Lightning DEX is also 80% complete, so should be out before the year ends.

Exchange situation:

Stakenet is confirmed to be listed on Beaxy, and Bitfineon, both brand new exchanges which is under full regulation, and with FIAT-on ramps.
Once the Stakenet DEX launches, the project doesn't need any centralized exchanges anymore. Which is pretty awesome
newbie
Activity: 34
Merit: 0
I guess it is because of the Exchange Situation.
They launch on 2 more Exchanges soon, should bring a fix to that.
On the other side, they had no ico/premine or any and all runs on blockrewards.
So this is what makes me so interested in this project.
I expect huge waves.
copper member
Activity: 490
Merit: 2
I have already heard of Stakenet and it seems like it would be another banger in the nearest future. The only question is why is the price so unstable and how long does it take to launch their wallet and all those factors?
member
Activity: 445
Merit: 10
Worlds Simplest Cryptocurrency Wallet
I think your project has a future, but let me see the evidence that you have cooperated with Litecoin? If you have real evidence, you will surely have a successful project.
Come back here and show me your proof, if you can show it to me, I'm ready to be the project's bounty manager for very cheap wages!
jr. member
Activity: 147
Merit: 2
So you mean, it is possible to stake xsn and get btc as reward instead?

at the moment, no. given the pace of their development - nothing useable since nov 11th 2018 - maybe in 2020. ccpos is at 10%, given that the wallet was at 100% in may, maybe even 2021
member
Activity: 406
Merit: 10
So you mean, it is possible to stake xsn and get btc as reward instead?

The picture below answers your question pretty much. Using CCPOS, which will be enabled eventually, you'll be able to cross chain stake your XSN. Pretty cool Wink

newbie
Activity: 34
Merit: 0
So you mean, it is possible to stake xsn and get btc as reward instead?
member
Activity: 406
Merit: 10
What Kind of Lightning will be used in that Solution?

Lightning seems to be the Future but is it secure enough?

Lightning will be completely decentralized, and easy to use for anyone who wants to try it out. Masternodes who acts as the backbone will run all the technical stuff, and the "consumer" of the services, will be able to use all these lightning services for payments on goods and services online and offline, as well trade coins back and forth. When staking, you'll be able to choose to recieve BTC/LTC or any other coin you want as incentive to stake XSN.

Lightning is fully secure, and is being worked on constantly.
newbie
Activity: 34
Merit: 0
What Kind of Lightning will be used in that Solution?

Lightning seems to be the Future but is it secure enough?
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