Instant BTC + ETH Trading Made Possible By Stakenet - XSN - page 2.

nightflightcourt

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Activity: 322

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Quote from: TopGunLover on November 25, 2020, 02:46:12 PM

Quote from: nightflightcourt on November 25, 2020, 04:18:46 AM

Quote from: PermaBear21 on November 18, 2020, 02:05:23 AM

Never really heard about this project before, but sounds pretty promising. Have they made successful ETH swaps on The Raiden Network yet? That's all I want to know Cheesy

XSN decided to go with Connext instead of Raiden because it is stable, you can use real ETH instead of wETH and they actively work towards 3rd party integration.

According to the Connext devs, ETH interop has been running in production for 3+ weeks with 0 downtimes.

Been reading about this project on 4chan/biz as of lately. Been seeing a lot of FUD, but nothing with much substance in it though.

What's the timeline for connext to be integrated into their project? It looks quite promising.

X9 has been working on integrating ETH private keys into the DEX since mid-Summer at the latest. They announced that it was coming to private builds at the start of this month. I wouldn't be surprised if we saw it by EOY.

TopGunLover

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Activity: 12

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Quote from: nightflightcourt on November 25, 2020, 04:18:46 AM

Quote from: PermaBear21 on November 18, 2020, 02:05:23 AM

Never really heard about this project before, but sounds pretty promising. Have they made successful ETH swaps on The Raiden Network yet? That's all I want to know Cheesy

XSN decided to go with Connext instead of Raiden because it is stable, you can use real ETH instead of wETH and they actively work towards 3rd party integration.
https://i.imgur.com/1tdKRkD.png
According to the Connext devs, ETH interop has been running in production for 3+ weeks with 0 downtimes.

Been reading about this project on 4chan/biz as of lately. Been seeing a lot of FUD, but nothing with much substance in it though.

What's the timeline for connext to be integrated into their project? It looks quite promising.

nightflightcourt

jr. member

Activity: 322

Merit: 2

Quote from: PermaBear21 on November 18, 2020, 02:05:23 AM

Never really heard about this project before, but sounds pretty promising. Have they made successful ETH swaps on The Raiden Network yet? That's all I want to know Cheesy

XSN decided to go with Connext instead of Raiden because it is stable, you can use real ETH instead of wETH and they actively work towards 3rd party integration.

According to the Connext devs, ETH interop has been running in production for 3+ weeks with 0 downtimes.

PermaBear21

newbie

Activity: 12

Merit: 0

Never really heard about this project before, but sounds pretty promising. Have they made successful ETH swaps on The Raiden Network yet? That's all I want to know Cheesy

Nick_ADA_FAN

newbie

Activity: 13

Merit: 0

This project looks super fucking slick, not gonna lie.
It's pretty sad to see it lacking bigger exchanges, but if the DEX itself can get enough users, I guess it could be Stakenet's main exchange. Interesting Cool

Marckolind

jr. member

Activity: 352

Merit: 3

Quote from: Paycoinzzz on November 14, 2020, 11:01:12 PM

Stakenet is really a great DEXs platform that can support Defi projects, but at the moment Stakenet doesn't have many real users. Although the above articles are quite complete about the introduction of features and technology of Stakenet, that is not enough. It's best to create a bounty campaign and do AMA in communities in which you feel important.
So if you want to do AMA in large communities please contact me, I am managing a sizable community of about 13k people and lots of Vietnamese KOLs.
My telegram username: @ payheree88
Don't hesitate to PM me to get the big discount.

Something about this statement just seems fishy. If you truly want to help out the project, you wouldn't be charging money to do so. You're better off messaging the devs personally though Discord, as they aren't reading these threads here. They've got more important stuff to do.

carlisle1

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Quote from: Marckolind on November 05, 2020, 05:11:26 PM

Stakenet invented cold staking, which means that you can stake XSN through their "Trustless Proof Of Stake" protocol.

Please do yourself a favor, and watch this small presentation video which demonstrates how the DEX actually works:

https://www.youtube.com/watch?v=wSNFhFBKmsc

Actually mate this was being mentioned already in this post months ago and Here it is..

Quote from: GucciBoy on February 19, 2020, 03:45:45 PM

Stakenet invented cold staking, which means that you can stake XSN through their "Trustless Proof Of Stake" protocol.

Please do yourself a favor, and watch this small presentation video:

https://www.youtube.com/watch?v=sXj3_qKSUBk&t=3s

But seems like Stakenet Is making updates and progress for their supporters to look at?

Considering this Coin as target for my incoming investing once I received my 13th month pay and all of those will reserve for Crypto investing.

Paycoinzzz

hero member

Activity: 994

Merit: 503

Stakenet is really a great DEXs platform that can support Defi projects, but at the moment Stakenet doesn't have many real users. Although the above articles are quite complete about the introduction of features and technology of Stakenet, that is not enough. It's best to create a bounty campaign and do AMA in communities in which you feel important.
So if you want to do AMA in large communities please contact me, I am managing a sizable community of about 13k people and lots of Vietnamese KOLs.
My telegram username: @ payheree88
Don't hesitate to PM me to get the big discount.

2020Crypto

newbie

Activity: 32

Merit: 0

Quote from: nightflightcourt on November 13, 2020, 07:09:20 PM

Looks like the orderbook monitor got a nice new coat of paint the other day. Pulling almost 2x the volume too Grin

https://i.imgur.com/S3uc1HC.png

Quote from: Silberman on November 12, 2020, 03:17:27 PM

I have been waiting for a DEX that can do everything for a long time, and yet I am not happy with what we have got and it is obvious the community agrees with me as they keep using CEXs, I really hope at this point that someone does it, we do not really need that hundreds of exchanges pull it off, as soon as one project is able to create a very good DEX the rest will know how to replicate it if it is open source and that is when a new era in this market will begin as we will not depend on CEX anymore to exchange our coins.

Agreed. There are dozens of competitors at this moment in time. Whoever creates the DEX with a Uniswap-like interface, quick swap times, low fees, and near-zero swap failure rates will own this market.

True, and Stakenet is 2 years ahead of everyone else, as they started working on this in 2018.
For instant trading to be feasible on a REAL DEX, you need to make use of second layer transactions. Wink

nightflightcourt

jr. member

Activity: 322

Merit: 2

Looks like the orderbook monitor got a nice new coat of paint the other day. Pulling almost 2x the volume too Grin

Quote from: Silberman on November 12, 2020, 03:17:27 PM

I have been waiting for a DEX that can do everything for a long time, and yet I am not happy with what we have got and it is obvious the community agrees with me as they keep using CEXs, I really hope at this point that someone does it, we do not really need that hundreds of exchanges pull it off, as soon as one project is able to create a very good DEX the rest will know how to replicate it if it is open source and that is when a new era in this market will begin as we will not depend on CEX anymore to exchange our coins.

Agreed. There are dozens of competitors at this moment in time. Whoever creates the DEX with a Uniswap-like interface, quick swap times, low fees, and near-zero swap failure rates will own this market.

Silberman

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Activity: 2534

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Quote from: BTCXRPADA on November 11, 2020, 11:12:45 AM

Uniswap was easy to make, since it's "just" an ETH-based DEX.
To pull off a DEX like the one Stakenet is being, takes 10x more time, but once it's successful, it will absorb a LOT of volume, due to convenience alone.

I have been waiting for a DEX that can do everything for a long time, and yet I am not happy with what we have got and it is obvious the community agrees with me as they keep using CEXs, I really hope at this point that someone does it, we do not really need that hundreds of exchanges pull it off, as soon as one project is able to create a very good DEX the rest will know how to replicate it if it is open source and that is when a new era in this market will begin as we will not depend on CEX anymore to exchange our coins.

2020Crypto

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Activity: 32

Merit: 0

Quote from: Bergluft on November 11, 2020, 02:04:04 PM

Quote from: BTCXRPADA on November 11, 2020, 11:12:45 AM

Uniswap was easy to make, since it's "just" an ETH-based DEX.
To pull off a DEX like the one Stakenet is being, takes 10x more time, but once it's successful, it will absorb a LOT of volume, due to convenience alone.

You think stakenet can pull this off?

Join Stakenets Discord server: https://discord.gg/cyF5yCA

Next download the DEX - It's extremely user friendly, a website version will be available at full release, however YES, they can easily become the BIGGEST DEX in the world, since instant virtually feeless trading among BTC and ETH is every traders wet dream Wink

Bergluft

member

Activity: 161

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Quote from: BTCXRPADA on November 11, 2020, 11:12:45 AM

Uniswap was easy to make, since it's "just" an ETH-based DEX.
To pull off a DEX like the one Stakenet is being, takes 10x more time, but once it's successful, it will absorb a LOT of volume, due to convenience alone.

You think stakenet can pull this off?

BTCXRPADA

newbie

Activity: 97

Merit: 0

Quote from: davinchi on November 07, 2020, 05:47:00 PM

I haven't used it myself but I have heard great things about stakenet so far, they are really improving the way things work right now and if they can achieve (which they look like they are) this is going to change a lot of stuff from current state and everyone will try to copy that. Which is their problem, they lack marketing because they are doing something for the first time and they are the creators and owners of this right now, but when they succeed everyone will do the same and will make sure they get more exposure and investment.

You think uniswap is the first ever dex? It is certainly not, but they were the ones that did amazing marketing and they got famous while first ones are long forgotten. This is why I believe it is highly important that stake does marketing better.

Uniswap was easy to make, since it's "just" an ETH-based DEX.
To pull off a DEX like the one Stakenet is being, takes 10x more time, but once it's successful, it will absorb a LOT of volume, due to convenience alone.

Marckolind

jr. member

Activity: 352

Merit: 3

Quote from: nightflightcourt on November 09, 2020, 04:25:36 PM

Quote from: tabas on November 07, 2020, 06:26:07 AM

I have seen it not just a few weeks ago but around months that the volume was low. So if stakenet has increased in volume, this only means that all the marketing that the team is doing is working.
I guess I have another exchange to try and hope that I'll be having a smooth transaction on it.

The more stable and smoothly the DEX can handle liquidity at $18k volume/day, the more it will do so at $100k or $1mm imo.
My first and foremost hope for this DEX is that it will be the fastest, cheapest, free-est, most secure way to hold funds and swap into other assets.
We want a world-class DEX. Grin

I feel the same way. The idea is among the greatest I've seen, and the profits are endless in terms of nodes taking profits on the daily DEX volume. Grin

nightflightcourt

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Activity: 322

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Quote from: tabas on November 07, 2020, 06:26:07 AM

I have seen it not just a few weeks ago but around months that the volume was low. So if stakenet has increased in volume, this only means that all the marketing that the team is doing is working.
I guess I have another exchange to try and hope that I'll be having a smooth transaction on it.

The more stable and smoothly the DEX can handle liquidity at $18k volume/day, the more it will do so at $100k or $1mm imo.
My first and foremost hope for this DEX is that it will be the fastest, cheapest, free-est, most secure way to hold funds and swap into other assets.
We want a world-class DEX. Grin

Marckolind

jr. member

Activity: 352

Merit: 3

Quote from: davinchi on November 07, 2020, 05:47:00 PM

I haven't used it myself but I have heard great things about stakenet so far, they are really improving the way things work right now and if they can achieve (which they look like they are) this is going to change a lot of stuff from current state and everyone will try to copy that. Which is their problem, they lack marketing because they are doing something for the first time and they are the creators and owners of this right now, but when they succeed everyone will do the same and will make sure they get more exposure and investment.

You think uniswap is the first ever dex? It is certainly not, but they were the ones that did amazing marketing and they got famous while first ones are long forgotten. This is why I believe it is highly important that stake does marketing better.

Stakenet is holding back marketing until they've got a fully functional DEX, with at LEAST BTC + ETH functioning 100%.

Marketing a buggy DEX isn't the best decision IMO.

I do believe that this DEX will be used by millions of people in the future though, which is why I'm trying to get as much masternodes as possible before it happens!

davinchi

legendary

Activity: 2100

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I haven't used it myself but I have heard great things about stakenet so far, they are really improving the way things work right now and if they can achieve (which they look like they are) this is going to change a lot of stuff from current state and everyone will try to copy that. Which is their problem, they lack marketing because they are doing something for the first time and they are the creators and owners of this right now, but when they succeed everyone will do the same and will make sure they get more exposure and investment.

You think uniswap is the first ever dex? It is certainly not, but they were the ones that did amazing marketing and they got famous while first ones are long forgotten. This is why I believe it is highly important that stake does marketing better.

tabas

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Activity: 3024

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Top Crypto Casino

Quote from: nightflightcourt on November 06, 2020, 05:08:46 PM

Just a few weeks ago, the DEX only had a few hundred dollars in volume. It's good to see it moving up so quickly! Swaps are just as fast as they were before. Grin

I suppose one of the biggest challenges will be whether or not Lightning swaps hold up in terms of integrity and swap success rate when there's much heavier trading volume (i.e. millions).

I have seen it not just a few weeks ago but around months that the volume was low. So if stakenet has increased in volume, this only means that all the marketing that the team is doing is working.
I guess I have another exchange to try and hope that I'll be having a smooth transaction on it.

nightflightcourt

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Activity: 322

Merit: 2

Quote from: Marckolind on November 06, 2020, 05:02:16 PM

The key here is "convenience". Anyone will be able to understand how it works, It's gonna be Uniswap on steriods, as transactions is instant, and very low on fees, which is why so many people are complaining about the platform all the time.

More and more volume is shifting towards decentralized exchanges, so there is TONS of liquidity available in the future.

Just a few weeks ago, the DEX only had a few hundred dollars in volume. It's good to see it moving up so quickly! Swaps are just as fast as they were before. Grin

I suppose one of the biggest challenges will be whether or not Lightning swaps hold up in terms of integrity and swap success rate when there's much heavier trading volume (i.e. millions).

Topic: Instant BTC + ETH Trading Made Possible By Stakenet - XSN - page 2. (Read 486 times)