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Topic: Stakenet (XSN) The KING of DEFI - Scaling solution for BTC and ETH - page 3. (Read 803 times)

jr. member
Activity: 352
Merit: 3
There are tons of newbie accounts writing here, which tells me just one thing, stakenet team is working overtime on marketing and going viral, they want to spend as much time and effort on getting their name heard as they spend on development of it. I am sure they have enough money to spend on marketing and this is why they are spending it on people to do these type of topics but there is a billion topics about stakenet here that we do not really need at all.

I would say smarter way of doing marketing would be airdrops and bounties because that way they could at least get everyone involved instead of hiring people to create bitcointalk accounts and writing here about their coins. It is definitely not a bad project, it is a cool idea if they can get attraction but this is not the way of it.

Stakenet's community is pretty damn huge.. The community is extremely active overall - Twitter especially where Stakenet has more engagement than Binance, which is impressive as fuck.
Don't believe me? Go check for youself.

Stakenet is a promising project with a ton of investors behind, naturally they want to talk about it at places like here.
hero member
Activity: 2730
Merit: 585
Leading Crypto Sports Betting & Casino Platform
There are tons of newbie accounts writing here, which tells me just one thing, stakenet team is working overtime on marketing and going viral, they want to spend as much time and effort on getting their name heard as they spend on development of it. I am sure they have enough money to spend on marketing and this is why they are spending it on people to do these type of topics but there is a billion topics about stakenet here that we do not really need at all.

I would say smarter way of doing marketing would be airdrops and bounties because that way they could at least get everyone involved instead of hiring people to create bitcointalk accounts and writing here about their coins. It is definitely not a bad project, it is a cool idea if they can get attraction but this is not the way of it.
jr. member
Activity: 36
Merit: 1
Where can I try this DEX? It sounds freaking amazing. I'm fed up Uniswap and their extremely high gas fees.  Huh

In the Stakenet Discord server, you can find the DEX setup to use. You can experience the lowest fees on the market either instant transactions.
newbie
Activity: 12
Merit: 0
This project I got it wrong from the beginning and it painful after I understand better the tech. There are many scaling solutions on Ethereum now but Stakenet is one of those hat stand out for me, all they need is one successful Dapp on Stakenet then that would be the beginning of greater things to come

Instant BTC and ETH transactions is being stress tested using Stakenet's DEX platform, with little to no problems. More than 100k in volume over the past week, which is pretty impressive.

Please tell me what scaling solutions for Ethereum you like? The Raiden Network (similar to the Lightning Network) is what is being used on Stakenet's DEX platform, which seems to work pretty smoothly so far!

As far as I know there's no other scaling solution a part from the Raiden Network. Ethereum 2.0 should fix a lot of the current issues though, but it's been delayed so many times already, haha.

I'll definitely do some research on this project, seems like a good one.
newbie
Activity: 13
Merit: 0
Where can I try this DEX? It sounds freaking amazing. I'm fed up Uniswap and their extremely high gas fees.  Huh
jr. member
Activity: 352
Merit: 3
This project I got it wrong from the beginning and it painful after I understand better the tech. There are many scaling solutions on Ethereum now but Stakenet is one of those hat stand out for me, all they need is one successful Dapp on Stakenet then that would be the beginning of greater things to come

Instant BTC and ETH transactions is being stress tested using Stakenet's DEX platform, with little to no problems. More than 100k in volume over the past week, which is pretty impressive.

Please tell me what scaling solutions for Ethereum you like? The Raiden Network (similar to the Lightning Network) is what is being used on Stakenet's DEX platform, which seems to work pretty smoothly so far!
newbie
Activity: 32
Merit: 0
I cant believe most staking coins are already considered DEFI. Its like they are chasing for some hype to pump the value of the coin.
I guess the one making high gas fees on ETH network is this defi projects listed on Uniswap, we have a trend on Defi now that goes directly to uniswap and they are fighting for gas price increasing it little by little to be prioritize. I am just curious why you called Stakenet as the king of defi? Do they have already a working defi project on stakenet blockchain? Upon checking stakenet explorer some of the supply are on cryptopia which is a hacked exchange.
There is no king of defi, Shouldn't it be UNI token? since its literally caused the community to notice it and made Eth miners happy.

Uniswaps exchange is a fucking mess. Why? Because Ethereum can't scale at all. Take a few mins and research XSN. I can't believe how many people here who fail to do actual research on projects that will change the way we trade in the future.

INSTANT Ethereum trading
INSTANT Bitcoin trading

EXTREMELY low fees

What's not to like here? And all this, while remaining 100% decentralized.

This is just ONE of Stakenet's dApps, with many more to come, which will benefit the whole ecosystem.  Wink
hero member
Activity: 1876
Merit: 512
This project I got it wrong from the beginning and it painful after I understand better the tech. There are many scaling solutions on Ethereum now but Stakenet is one of those hat stand out for me, all they need is one successful Dapp on Stakenet then that would be the beginning of greater things to come
sr. member
Activity: 1064
Merit: 253
I cant believe most staking coins are already considered DEFI. Its like they are chasing for some hype to pump the value of the coin.
I guess the one making high gas fees on ETH network is this defi projects listed on Uniswap, we have a trend on Defi now that goes directly to uniswap and they are fighting for gas price increasing it little by little to be prioritize. I am just curious why you called Stakenet as the king of defi? Do they have already a working defi project on stakenet blockchain? Upon checking stakenet explorer some of the supply are on cryptopia which is a hacked exchange.
There is no king of defi, Shouldn't it be UNI token? since its literally caused the community to notice it and made Eth miners happy.
newbie
Activity: 97
Merit: 0
I guess the one making high gas fees on ETH network is this defi projects listed on Uniswap, we have a trend on Defi now that goes directly to uniswap and they are fighting for gas price increasing it little by little to be prioritize. I am just curious why you called Stakenet as the king of defi? Do they have already a working defi project on stakenet blockchain? Upon checking stakenet explorer some of the supply are on cryptopia which is a hacked exchange.

There are tons of tokens + coins hacked on Cryptopia. BTC, ETH, LINK, XMR, what's your point?

Yes, they've got a working product, and a good one frankly. Join their Discord channel and check for yourself, there's ALL you need to know about this project + more. Devs answers/community managers answers questions pretty fast from my experience.
jr. member
Activity: 352
Merit: 3
yeah, i think this coin has a lot of potential
anyway,  i hope this coin will be tradeable on better exchange just like bittrex and binance
https://coinmarketcap.com/currencies/stakenet/markets
A lot of potentials?? Why you say that?? I don't see a lot of potential for this coin. XSN for me is just altcoin like other altcoins, nothing special
And if you look at the market, you will know this coin is not quite good. If the team can prove that it can be listed on binance, Yes i agree with you that this is potential

You've got absolutely no clue. You haven't taken a MINUTE to research this project, which believe it or not can be used to trade on ALL exchanges in the WORLD without needing:

KYC
Login
Trusting a third party

This means you can trade through Binance using a liquidity provider, you can arbitrage using trading bots and turn a profit instantly.
XSN is FAR from just "another altcoin", you'll learn soon enough.
sr. member
Activity: 1638
Merit: 339
yeah, i think this coin has a lot of potential
anyway,  i hope this coin will be tradeable on better exchange just like bittrex and binance
https://coinmarketcap.com/currencies/stakenet/markets
A lot of potentials?? Why you say that?? I don't see a lot of potential for this coin. XSN for me is just altcoin like other altcoins, nothing special
And if you look at the market, you will know this coin is not quite good. If the team can prove that it can be listed on binance, Yes i agree with you that this is potential
jr. member
Activity: 352
Merit: 3
I guess the one making high gas fees on ETH network is this defi projects listed on Uniswap, we have a trend on Defi now that goes directly to uniswap and they are fighting for gas price increasing it little by little to be prioritize. I am just curious why you called Stakenet as the king of defi? Do they have already a working defi project on stakenet blockchain? Upon checking stakenet explorer some of the supply are on cryptopia which is a hacked exchange.

Yes, they have a fully functional second layer DEX, which is the ONLY one in the world currently. THIS is why it's the KING of DEFI. It solves all the current issues we have in the crypto space right now.

1) High transaction costs
2) Slow Transactions
3) Centralized Trading

There was a bunch of projects affected by the Cryptopia hack, nothing to do about it really, should teach anyone a lesson NOT to store your coins on a centralized exchange though.

Join the Stakenet Discord, and go test the DEX on your own. Wink
full member
Activity: 1176
Merit: 162
I guess the one making high gas fees on ETH network is this defi projects listed on Uniswap, we have a trend on Defi now that goes directly to uniswap and they are fighting for gas price increasing it little by little to be prioritize. I am just curious why you called Stakenet as the king of defi? Do they have already a working defi project on stakenet blockchain? Upon checking stakenet explorer some of the supply are on cryptopia which is a hacked exchange.
jr. member
Activity: 352
Merit: 3
I haven't read much about Stakenets (XSN). If Stakenet can be the solution to the problem of high transaction fees and slow transactions on the Ethereum network today, then it will be meaningful.
XSN doesn't have many exchanges yet, it would be good news if XSN was listed on the top exchanges.

Top exchanges hasn't been a priority just yet, as the team never did an ICO. Their dev funds are spent wisely on developments, however the project WILL be listed on bigger exchanges eventually.
-snip-
This stakenet and a bunch user like @OP trying to shiling this token on different board.

I already see a lot of thread about stakenet on almost trading/altcoin board, now they are shining the token by giving some statement about "DeFI" when right now this type investment was quite popular.

There's a ton of projects here "shilled" daily. Give me a break dude.

Stakenet has a VERY active community, and the Twitter engagement outperforms Binance in terms of engagement and audience reach, which is pretty damn impressive.

This one is a sleeper, like it or not.
sr. member
Activity: 1414
Merit: 252
Keep it Simple guys :)
On Dec 22, 2017, the average BTC transaction was $55. See https://bitinfocharts.com/comparison/bitcoin-transactionfees.html

ETH was about $5 per transaction at its peak.

Why did this happen? Transactions were all being done on chain and it got congested.

Uniswap currently has more than 200 mio daily volume, but transactions are on-chain so ETH gas fees are through the roof.

Stakenet is solving this by implementing the Raiden Network, AND the Lightning Network to perform instant off-chain transactions which are way cheaper.

All the fees that are collected from people trading is used to pay masternode owners, AND to buy up XSN and burn it from the total supply.

In other words, XSN will be deflationary, just like Bitcoin. Once people realize how EASY it is to use their DEX, volume is going to go through the roof.

It's currently in BETA, but is being soft launched at the end of the month.  Wink.

yep, a lot of great things inside this project,
thats why stakenet team need a marketing good strategy to promote their project
so, people know if this project is a part of promissing altcoins
regards
full member
Activity: 1316
Merit: 105
I haven't read much about Stakenets (XSN). If Stakenet can be the solution to the problem of high transaction fees and slow transactions on the Ethereum network today, then it will be meaningful.
XSN doesn't have many exchanges yet, it would be good news if XSN was listed on the top exchanges.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
There is already plenty of threads from the same people/bagholders shilling stakenet/XSN, there really isn't the need for yet another one.

Yes, it is promising but when it's the same members posting on a regular and frequent basis it will have the opposite effect and make folks wary.

Just my 2 cents.
It's true. I saw this kind of thread before and that's why it's very familiar to me and afterwards, I've read your comment so I remember it already.
Talking about DeFi when before, I haven't read that they are like that. Looking to it, it's starting to have greater volume.
legendary
Activity: 2660
Merit: 1261
-snip-
This stakenet and a bunch user like @OP trying to shiling this token on different board.

I already see a lot of thread about stakenet on almost trading/altcoin board, now they are shining the token by giving some statement about "DeFI" when right now this type investment was quite popular.
jr. member
Activity: 362
Merit: 7
There is already plenty of threads from the same people/bagholders shilling stakenet/XSN, there really isn't the need for yet another one.

Yes, it is promising but when it's the same members posting on a regular and frequent basis it will have the opposite effect and make folks wary.

Just my 2 cents.
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