Topic: Intelligent Masternodes? (Read 976 times)

Lightning is fast and extremely useful for interchain/interexchange interoperability.

The Lightning Network is just a small part of what these masternodes will support. Cross chain staking, trustless proof of stake, masternode node backed stable coin etc. etc...

Do some research buddy. Seriously.

I will stick with the transaction like that if you are not offering any service apart from lighting I think those network have been here a while so basically is nothing new and doesnt solve any use case I think you need more to showcase this effectively

More and more projects actually starts using their masternode networks as "service centers" so to speak. It's pretty cool since it's decentralized and easily accessible for the people needing the services.

Stakenet's use case is MASSIVE though, and can't be compared with any other project out there. Node owners will surely make a killing in fees long term.

Intelligent masternodes is something I've never dealt with, but it sure sounds interesting. Traditional masternode projects tend to be looked at as "scams" as they serve NO purpose.

I like the fact that these masternodes are put to work, and actually provides services. It's a cool concept.

Kind of hard knowing what's classified as a "whale", but 100k XSN seems to be a good number. That's less than 1 BTC worth, which is unheard off, haha.

Stakenet is SO cheap that you can become a "whale" for a tiny amount of money. If you look at the upside potential ($10+/coin). Staking becomes extremely lucrative, even for small holders. The fees involved which is shared among masternodes providing services is what will earn the most though.

This is not me saying a bad thing about Stakenet or Masternodes but I have had a lot of experience in staking projects,,, as an amateur and even tried to invest a little bit into getting significant stakes in some projects but my feeling after all that is that in the end only the whales can make a profit and even so at good calculations like you do.

Staking and MNs for some reason does not reward the small players enough.

beside that if any altcoin comparing with bitcoin about the fee and speed transaction they are not to compare with other altcoin where have the same fast speed in transaction like Stellar, BNB and etc

Masternodes are but one component of Stakenet's ecosystem - a hybrid staking/MN network where block reward payout is split 45/45/10 between staking rewards (consensus), MN rewards (2nd layer), and a treasury, respectively.
This 45/45/10 split ensures a balance of representation between the MNs and the staking network by making over-representation of one over another increasingly unprofitable. There can only be so many masternodes running before the incentive to stake and pay less in operational costs becomes the better option and vice-versa.

The treasury proposes development strategies and a budget. The masternode owners pay more in operational costs with the intent to offer higher-end services and use-cases. They vote on whether or not to pass the dev budget. Whether it passes or it doesn't, the staking network is the backbone that proves the worth of all efforts involved. If the staking network gets burned, it falls back on the masternodes and the treasury. If the treasury became corrupt and started proposing terrible budgets, the masternode network could vote them down. If the masternode network became corrupt and someone gained absolute authority on the treasury budget, the treasury could simply stop proposing budgets and members of the staking network could use their leverage to briefly increase MN representation for slightly lower profits - forcing the attacker to buy up increasingly unprofitable amounts of the supply at increasingly higher premiums - all to maintain majority control of one component in an ecosystem too decentralized for it to matter. To truly hijack Stakenet, you would have to corrupt all 3 of these pillars or the efforts involved would only blow up on whoever attempted a takeover and create a massive buying opportunity for everyone else. It'd be quite costly and bear no incentive to take either masternode or staking network representation beyond 45%.

Anyone can theoretically purchase 15k XSN right now, create a masternode, and host it however they'd like to. There are ways to run multiple masternodes for under $1/day.

True. It's gonna be a game changer for sure. This video is a MUST see for anyone who hasn't yet seen the DEX in action:

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

He obviously don't have a clue what a masternode really is, let alone how Stakenet aims to solve some of the most important problems we've got in the crypto space right now. An INSTANT tradeable DEX.

i think you should explain me why masternodes make the coin centralized mate ?
because i don't understand what you are talking about buddy

First of all, why couldn't you post ONCE, instead of spam the thread multiple times? Haha.

Masternodes is FAR from centralized, they are quite the opposite actually. Masternodes makes for a very decentralized network, and the things you can set them to do while they're idle is truly fascinating when you dig down into the tech.

The X9 team founded the Stakenet Project.

As  far  I understand... only  orders  from decentralized exanges  can be taped into XSN... this  thing can not  compete with the  liquidity provided  by centralized  exanges

can't  this  already be  done  now  without  XSN? ''theterng up in seconds''

How?  With Masternodes?  But they are  centralized..  masternodes make  the coin centralized

is the team  of  x9 the same   of  XSN?

There's also this video, which shows a live demonstration of the DEX. Pretty damn cool. https://www.youtube.com/watch?v=wSNFhFBKmsc