Topic: Intelligent Masternodes? - page 3. (Read 1001 times)
This looks extremely interesting, and I can't believe why nobody seems to care about Lightning Network transactions. It pretty much solves everything. The way I see it is that people is afraid of centralization if it's being used straight on top of BTC. Other than that, it's pretty genius!
Masternodes can be used for so many decentralized services, and I'm sure these Stakenet developments is just a drop in the ocean of what's actually possible to run in such a scenario. 5 years from now, we'll basically be running TONS of decentalized services the public can use at a low cost, providing a nice little passive income for those who choose to setup these servers.
With the Stakenet Cloud hosting service, setting up a masternodes takes less than 10 mins, and even my mom can do it, haha.
With the Stakenet Cloud hosting service, setting up a masternodes takes less than 10 mins, and even my mom can do it, haha.
speed is required in every transaction, but the costs incurred must be calculated. do not let us later when making a transaction experience swelling costs
The Lightning Network is capable of transacting with fees as low as 1 satoshi, so it's way WAY cheaper than on-chain transactions
speed is required in every transaction, but the costs incurred must be calculated. do not let us later when making a transaction experience swelling costs
Base on the image provided it says that bitcoin transactions are expensive/high fees.
But if you are using electrum wallet, you can pay as low as 1 sat per transaction which can be confirmed within the next blocks. So, how can you say that it's a high fee if you're only paying for 1 sat. You can increase it if you want a little quicker.
As nice as that may be, people need Bitcoin transactions to be fast and cheap.But if you are using electrum wallet, you can pay as low as 1 sat per transaction which can be confirmed within the next blocks. So, how can you say that it's a high fee if you're only paying for 1 sat. You can increase it if you want a little quicker.
XSN's solution is capable of effectively solving the Lightning Network's current liquidity problems so people can buy actually buy coffee with Bitcoin and have it be as easy as paying with cash.
you did spoke my mind concerning the bitcoin speed of transactions. Just as we beckon on adoption. If the 8 billion people on earth massively adopt bitcoin, will btw still remain the primary mode of transactions in the digital sphere due to it slow network? We all saw what happened to ethereum at its peak some months ago
In late 2017 I tried to send $20 to a friend of mine, but had to pay a wooping $50 in fees to do so. BTC just doesn't scale properly, and NEEDS the Lightning Network to do so. Thinking otherwise is just being delusional at this point.
Base on the image provided it says that bitcoin transactions are expensive/high fees.
But if you are using electrum wallet, you can pay as low as 1 sat per transaction which can be confirmed within the next blocks. So, how can you say that it's a high fee if you're only paying for 1 sat. You can increase it if you want a little quicker.
As nice as that may be, people need Bitcoin transactions to be fast and cheap.But if you are using electrum wallet, you can pay as low as 1 sat per transaction which can be confirmed within the next blocks. So, how can you say that it's a high fee if you're only paying for 1 sat. You can increase it if you want a little quicker.
XSN's solution is capable of effectively solving the Lightning Network's current liquidity problems so people can buy actually buy coffee with Bitcoin and have it be as easy as paying with cash.
you did spoke my mind concerning the bitcoin speed of transactions. Just as we beckon on adoption. If the 8 billion people on earth massively adopt bitcoin, will btw still remain the primary mode of transactions in the digital sphere due to it slow network? We all saw what happened to ethereum at its peak some months ago
The way Stakenet uses the Lightning Network will benefit everyone involved with their dApps. It's pretty cool, and I believe it will scale absolutely perfect with technically "unlimited transactions/second"
Base on the image provided it says that bitcoin transactions are expensive/high fees.
But if you are using electrum wallet, you can pay as low as 1 sat per transaction which can be confirmed within the next blocks. So, how can you say that it's a high fee if you're only paying for 1 sat. You can increase it if you want a little quicker.
As nice as that may be, people need Bitcoin transactions to be fast and cheap.But if you are using electrum wallet, you can pay as low as 1 sat per transaction which can be confirmed within the next blocks. So, how can you say that it's a high fee if you're only paying for 1 sat. You can increase it if you want a little quicker.
XSN's solution is capable of effectively solving the Lightning Network's current liquidity problems so people can buy actually buy coffee with Bitcoin and have it be as easy as paying with cash.
you did spoke my mind concerning the bitcoin speed of transactions. Just as we beckon on adoption. If the 8 billion people on earth massively adopt bitcoin, will btw still remain the primary mode of transactions in the digital sphere due to it slow network? We all saw what happened to ethereum at its peak some months ago
Bitcoin in it's current state wouldn't be of much use if the entire world started using it tomorrow. Transaction fees would be CRAZY high, and transaction speeds would be weakened as well.
The Lightning Network is the answer, and Stakenet building on top of it, will ultimately enhance the BTC and LTC chain massively.
Base on the image provided it says that bitcoin transactions are expensive/high fees.
But if you are using electrum wallet, you can pay as low as 1 sat per transaction which can be confirmed within the next blocks. So, how can you say that it's a high fee if you're only paying for 1 sat. You can increase it if you want a little quicker.
As nice as that may be, people need Bitcoin transactions to be fast and cheap.But if you are using electrum wallet, you can pay as low as 1 sat per transaction which can be confirmed within the next blocks. So, how can you say that it's a high fee if you're only paying for 1 sat. You can increase it if you want a little quicker.
XSN's solution is capable of effectively solving the Lightning Network's current liquidity problems so people can buy actually buy coffee with Bitcoin and have it be as easy as paying with cash.
you did spoke my mind concerning the bitcoin speed of transactions. Just as we beckon on adoption. If the 8 billion people on earth massively adopt bitcoin, will btw still remain the primary mode of transactions in the digital sphere due to it slow network? We all saw what happened to ethereum at its peak some months ago
Pretty damn cool. When exactly is this DEX planned for release, and where do I get to try it out? It looks amazingly sick from the screenshots I've seen shared so far. From what I could read they've integrated trading view as well? That's pretty damn useful, since I'm a day trader.
You need to join their Discord server, and ask for an invite to their private testing group. Not sure if they take anymore new members right now though.
No real ETA is established, but a safe prediction is around a month, as I don't see much bugs reported anymore, seems to work smoothly at this point.
Forgot all about this thread.
Well, thanks I'll try to reach out and hopefully will be allowed to test this beast. It looks sick!
Here's the MNs running a DEX that natively executes instant BTC/LTC swaps! 
https://www.youtube.com/watch?v=wSNFhFBKmsc
https://www.youtube.com/watch?v=wSNFhFBKmsc
I'd love to see actual trading bots executing orders on the DEX itself. Since we'll have a DEX aggregator combining DEX order books from other DEX's (such as Komodo), liquidity will be of no problem if you want to do some arbitrage. Pretty exciting to see how it plays out
Here's the MNs running a DEX that natively executes instant BTC/LTC swaps!
https://www.youtube.com/watch?v=wSNFhFBKmsc
https://www.youtube.com/watch?v=wSNFhFBKmsc
Imagine when USDT (Tether) implements Lightning to their chain. You'll be able to tether up in seconds whenever you see a massive BTC pump. As this will be available as a phone app, you'll be able to tether up while on the go. Absolutely mind blown!!
Here's the MNs running a DEX that natively executes instant BTC/LTC swaps!
https://www.youtube.com/watch?v=wSNFhFBKmsc
https://www.youtube.com/watch?v=wSNFhFBKmsc
Pretty damn cool. When exactly is this DEX planned for release, and where do I get to try it out? It looks amazingly sick from the screenshots I've seen shared so far. From what I could read they've integrated trading view as well? That's pretty damn useful, since I'm a day trader.
You need to join their Discord server, and ask for an invite to their private testing group. Not sure if they take anymore new members right now though.
No real ETA is established, but a safe prediction is around a month, as I don't see much bugs reported anymore, seems to work smoothly at this point.
Pretty damn cool. When exactly is this DEX planned for release, and where do I get to try it out? It looks amazingly sick from the screenshots I've seen shared so far. From what I could read they've integrated trading view as well? That's pretty damn useful, since I'm a day trader.
Here's a preview of the DEX for anyone interested
XSN/BTC and LTC/BTC orderbooks now up.
That's sick! This is from what I know one of the last things we need before launching this beast, so it wont be long now! Didn't have time to pay attention to their latest updates, but this is refreshing to see, progress is made!
Here's a preview of the DEX for anyone interested
XSN/BTC and LTC/BTC orderbooks now up.
It looks sick, where do I try it out? Beats any DEX UI I've seen thus far!
Here's a preview of the DEX for anyone interested
I'm not oriented with XSN's solution but I'm aware of the project and if it's good enough, then it's commendable on your side.
But my concern about bitcoin's transaction for being high as you have said, I'm just clarifying that you can send it as low as 1 sat and get confirmed within few moments. And with lightning network, yes, we know how efficient and quick it is as solution to network traffic.
Ideally we can build a fast, interconnected, decentralized ecosystem out of it all. But my concern about bitcoin's transaction for being high as you have said, I'm just clarifying that you can send it as low as 1 sat and get confirmed within few moments. And with lightning network, yes, we know how efficient and quick it is as solution to network traffic.
Where can we see the updates that Stakenet is working for specific projects or ideas that you have mentioned?
I've been beta testing the wallet since September. It's made notable progress in that time. Soft autopilot LN channels (no downloading full chains), TradingView integration, bot integration, and Lightning swaps work on LTC/XSN. A high volume test will be commencing rather soon.
They host a beta testing group on their discord (link)
Ask to join in the main chat and they'll let you in. Dev updates are posted there first too.
I'm not oriented with XSN's solution but I'm aware of the project and if it's good enough, then it's commendable on your side.
But my concern about bitcoin's transaction for being high as you have said, I'm just clarifying that you can send it as low as 1 sat and get confirmed within few moments. And with lightning network, yes, we know how efficient and quick it is as solution to network traffic.
Ideally we can build a fast, interconnected, decentralized ecosystem out of it all. But my concern about bitcoin's transaction for being high as you have said, I'm just clarifying that you can send it as low as 1 sat and get confirmed within few moments. And with lightning network, yes, we know how efficient and quick it is as solution to network traffic.
Where can we see the updates that Stakenet is working for specific projects or ideas that you have mentioned?
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