That is completely true, slow is one of the reason but there is something important than instant lightning swap which is liquidity. I do not doubt XSN is a good project and has done so many things to develop their blockchain but without liquidity, their DEX will not go far. Look at it right now, some people here do not know what Stakenet is, the team needs to find a solution for this.
What is the point of having a fast DEX if nobody knows it? Communication and marketing with cryptocurrency community are needed to further develop the project.
The volume of any one DEX is low, but they could be a competing force if their volume was pooled together.What is the point of having a fast DEX if nobody knows it? Communication and marketing with cryptocurrency community are needed to further develop the project.
Stakenet is going to use a DEX Aggregator that takes the orderbooks of multiple DEXs and puts them in one pool.
Whatever you can buy on a DEX like Blocknet, Bisq, or WAVES, you'll be able to buy through Stakenet as well. It's a benefit to every DEX involved.
Stakenet has potentials. But it has since touched the bottom. I can see that the project has started to move in strides. What recognition are you talking about? That must be the reason why it is pumping right now. Stakenet (XSN) price is moving up more than 20% today. But I will not say that it will hit NEO or Railblocks hard with its own development. NEO and Railblocks are huge names themselves and have already established a strong community.
A lot of people in crypto brushed off XSN because they thought it was yet another worthless alt. Now they're changing their tune as the work Stakenet has done is going public. NEO and XRB both started out humble and ambitious, and I think XSN has more going for it than either. This is another one getting alot of DEX hype lately, i think its fairly deserved tho, i've been looking at Stakenet, and it looks not bad!
I wonder if it can trade blows with the OG "Blocknet" tho, the original DEX (that i also hear has some new stuff brewing that will be ready soon).
2020 might be a new alt summer, and that would be awesome haha
Blocknet and Stakenet will compliment each other. Blocknet gives Stakenet orderbook liquidity. Stakenet gives Blocknet's orderbooks a whole new audience. I wonder if it can trade blows with the OG "Blocknet" tho, the original DEX (that i also hear has some new stuff brewing that will be ready soon).
2020 might be a new alt summer, and that would be awesome haha
I'm holding this into 2021. Not cashing out a dime until then at the very earliest
