POSW to XSN Coin Swap planned to start on March 1st

The price of Ethereum is $1,584.91 and ETH market dominance is %. The best performing cryptoasset sector is Cannabis, which gained 10%. As part of the swap, we are preparing updated guides for users to set up trustless proof of stake transactions and masternodes. We want the users to be involved as well, so we welcome any training materials that users create and will post them on the StakeNet coin information portal. We are excited to announce the upcoming coin swap from POSW to XSN , which is planned to start on March 1st at LiveCoin. The XSN token will be Initially listed on Livecoin and we will be working with more exchanges moving forward. In addition to the swap, we are also preparing the new StakeNet coin information portal and are working hard on the XSN Platform – you can expect lots of information and features related to this over the next weeks and months. The wallet dev team is also crunching away on the XSN roadmap we published.

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6966 XSN is worth 2,192.03 UAH as of July 22, 2022 . The Stakenet price page is just one in Crypto.com Price Index that features price history, price ticker, market cap, and live charts for the top cryptocurrencies. The global crypto market cap is $ with a 24-hour volume of $. The price of Bitcoin is $23,232.85 and BTC market dominance is %.

About Stakenet

We also gather additional information from different sources to make sure we cover all necessary data or events. XSN, or Stakenet is a utility blockchain intended to provide a highly secure, interchain economy for cryptocurrencies. This interchain economy is powered by XSN and utilized enhanced security algorithms, support for lightning network, and cross chain capabilities. After launching a few months ago, the newly developed blockchain has used this feature to trustlessly stake over 40k+ blocks and allows – for the first time – offline or ‘cold’ coins to produce, validate, and move a blockchain. XSN Masternodes create a massive decentralized network of computers that generate incredible amounts of computational power. They provide high-end network services and run the dApps that are built upon the blockchain. They will also run other Lightning dApps, host Lightning Channels, and provide liquidity to the Lightning Network with their collateral.

Stakenet allows easy and secure staking of its currency XSN by using its invention Trustless Proof of Stake , effectively achieving decentralized cold staking; this provides one of the highest levels of security among any PoS blockchain. TPoS allows users to cold stake their coins via smart contracts, which means you can stake your XSN from your cold wallet, thereby removing any unnecessary security risk. With a combination of TPoS, the Lightning Network, and Cross-Chain Proof of Stake, you will be able to stake XSN from your own hardware wallet and receive rewards directly to it in other currencies, like Bitcoin or Litecoin. Currently, XSN is supported on all major hardware wallets, including Ledger and Trezor. Stakenet is building dApps -and will allow others to do the same with our dApp framework- to run on its blockchain, such as the aforementioned Stakenet dx. It will work by utilizing off-chain Lightning Swaps, as opposed to on-chain Atomic Swaps which most other DEX do. Lightning Swaps are instant, practically fee-less, and infinitely scalable. One of the biggest issues inhibiting the adoption of current decentralized exchanges is that they simply cannot match the user experience of a centralized exchange.
They are both slow and hard to use, because of this, they fail to gain any meaningful market share. Stakenet dx completely changes the game by utilizing Lightning Swaps to achieve the user experience of a centralized exchange, while remaining in control of your cryptocurrencies. These dApps will have dedicated websites and be integrated into the multi-currency XSN Wallet, which will work in symbiosis with our hardware product XSN Viper. It will also be able to store user’s coins safely in cold storage by using a separate microcontroller that holds private keys and remains offline , powered by our open-source firmware XSN Excalibur, which is based on Trezor’s reputable code. Users will be able to operate with all coins supported in the multi-currency XSN Light wallet, while the coins remain safe in our hardware device. Support for multiple LN channels will be added, as well as multiple Masternodes support in later versions. XSN Viper is not only just a useful product but a worthwhile investment too. Coinlore provides independent cryptocurrency / coin prices calculated by its own algorithm, and other metrics such as markets, volumes, historical prices, charts, coin market caps, blockchain info, API, widgets, and more.

Historical Data for Stakenet

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In essence, it is like having a standard Bitcoin qt wallet with an extra tab that features a professional exchange. There are currently 126,230,910 Stakenet coins circulating out of a max supply of 131,718,098. A BTC-ZEC guide for getting in to, and getting out of cryptocurrency. To check Stakenet’s price live in the fiat currency of your choice, you can use Crypto.com’s converter feature in the top-right corner of this page. You need an account on WorldCoinIndex to this functionality. Please login or register to start managing your watchlist. Please login or register to start managing your portfolio.
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As far as I know, most of the community has been using Livecoin to buy XSN because there’s no KYC. We’re all waiting for the one-click Lightning swap feature so we can send BTC/LTC there and press a button to swap into XSN instead of buying the normal way. I don’t think it will be too long until proper DEXs have the speed and volume to rival bigger centralized exchanges. Meanwhile, https://www.beaxy.com/market/drgn/ look at how far the whole DEX space has come since 2017. I a very interested in project like this, and always hunting for better dex exchanges. With this link you can refer your friends to our cryptocurrency converter. If you are new to crypto, use the Crypto.com University and our Help Center to learn how to start buying Bitcoin, Ethereum, and other cryptocurrencies.

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Read more about how much is 1 eth here. XSN Masternodes will be one of the most powerful stations in crypto that earn passive streams of income for the services they provide. XSN is the native cryptocurrency of Stakenet that powers its decentralized applications. Powered by a Proof of Stake blockchain with Lightning Network and Masternodes, XSN is able to interact with other blockchain networks. Users that stake this cryptocurrency will be able to earn rewards in Bitcoin and other coins, thanks to Stakenet’s cross-chain PoS technology. Coinmarketfees.comthat compares transaction fees, withdrawal fees, interest rates on crypto deposits and loans.

Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in comments, we will try to answer for all, thank you guys. Price came to all our targets at 23 and 24k usd and for now bounced from top part of rising channel. I think price will fall with ABC method and now we can see some not big… Apparently they’ve only announced Livecoin as an exchange supporting the swap. So I’m not really sure, been on the sidelines until this piece of news. After the swap you will be able to store your coins at poswallet.com, the new wallet , and ledger once they finish updating their wallets code to hold XSN. XSN is the first Proof of Stake coin with Masternodes to successfully execute Lightning Network compatibility and is among the first three to ever perform Lightning Swaps. Stakenet can, therefore, interact with any Lightning Network compatible merchant, application, wallet, or upcoming crypto device. Stakenet is a decentralized platform building a trustless interchain economy powered by a Proof of Stake blockchain, with Lightning Network, Masternodes, and dApps. The Stakenet dev team have been working quietly all throughout the bear market and now they’re starting to get ready to unveil what they’ve been laboring on this whole time.

It is, by far, the best use-case of masternodes I’ve seen in crypto. It is mostly on CoinAll and they are pretty infamous for wash-trading. I did test AtomicDEX and it is a bit slower, but I am willing to sacrifice speed for more security and freedom not to apply for kyc and send ma data anywhere. Stakenet does so much more than this – One-Click Lightning Swaps. We strive to present all the information & pricing as accurately as possible, but we cannot ensure that the data is always up to date. You hereby agree that we are not providing our own opinions, advice, or recommendations. The percentage of Binance customers who increased or decreased their net position in BTC over the past 24 hours through trading. If you are at an office or shared network, you can ask the network administrator to run a scan across the network looking for misconfigured or infected devices. Get the latest crypto news, updates, and reports by subscribing to our free newsletter. When the price hits the target price, an alert will be sent to you via browser notification.

Let’s take a look at the BTCUSDT chart of the WhiteBit exchange. I marked the liquidity zones with the red and green color. Bitcoin made a Head and Shoulder Pattern on the Heavy Resistance zone, which can signify the end of the bullish rally we saw these days. In addition, still, we don’t hear the good news in cryptocurrency markets ( DXY is bullish, the Stock market is on the correction, the Cryptocurrency market is still in the shock of LUNA, and War is still running… StakeNet will be a highly sophisticated interface connecting merchants with owners and help play a driving force in the emerging “Staking as a Service” industry.

Currency Converter

The percent change in trading volume for this asset compared to 24 hours ago. You can do the swap slowly over the time period, and after you do the swap you will be able to store your coins at poswallet.com, the new wallet , and ledger once they finish updating their wallets code to hold XSN. Cointelegraph does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. Cointelegraph is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.

  • Bitcoin made a Head and Shoulder Pattern on the Heavy Resistance zone, which can signify the end of the bullish rally we saw these days.
  • CoinGecko provides a fundamental analysis of the crypto market.
  • We also gather additional information from different sources to make sure we cover all necessary data or events.
  • It will also be able to store user’s coins safely in cold storage by using a separate microcontroller that holds private keys and remains offline , powered by our open-source firmware XSN Excalibur, which is based on Trezor’s reputable code.

This link is provided solely for informational purposes and is not an endorsement in any way. We recommend that you exercise extreme caution and consult a registered investment advisor before taking any action. All images, branding and wording is copyright of Stakenet. All content on this page is used for informational purposes only. CryptoSlate has no affiliation or relationship with the coins, projects or people mentioned on this page. Data is provided by CoinMarketCap, Coinpaprika and TradingView. The goal is to make the XSN framework an environment that allows easy and secure staking via TPoS – the highest level of security using decentralized cold staking. We are always working with the developers from our community to invent new applications for TPoS. Circulating supply shows the number of coins or tokens that have been issued so far. Popularity is based on the relative market cap of assets.
xsn coin
Our cryptocurrency predictions are made by Machine Learning & AI, and shouldn’t been used for financial decisions. Our currency converters use averages of “International Currency Rates”. Metal StakeNet cryptocurrency coin with blue neon glow. You are about to leave CryptoSlate in order to visit a cryptocurrency or ICO website.
They have a great team and they keeps their promises. TPoS, CCPoS, Ledger suppory Lightning Network and Atomic Swap specifications are going to make XSN very special currency. Clearly, Stakenet is more solid and usable technology according to other useless masternode coins. In summary, Stakenet is building the safest, fastest, and cheapest interchain economy using Lightning Network and the utility of cold storage to trustlessly stake, exchange, and make payments.
https://www.beaxy.com/
The base currency of the DEX is XSN, but you won’t ever need to buy or use XSN to use the wallet. If you have Bitcoin and you want to swap it into Litecoin, the tiny fee will be swapped into XSN and dispersed to the masternode holders. I like decentralized exchanges and i see very good features. I will look In Discord for trying it when is available. In addition to powering the DEX, Stakenet’s masternode network will take up the task of hosting full nodes for every chain. This will allow anyone to download and use Stakenet’s light wallet without having to download multiple chains. Stakenet is the #1499 largest cryptocurrency by market cap as of July 22, 2022, with a market cap of $834,082.43 USD. The percent change in trading volume for this asset compared to 1 hour ago.
Working on a commission based system, owners grant service providers permission to stake but not move their funds. This is great, can’t wait too see all the applications with Trust less proof of stake and later cross chain staking. XSN is the currency, the gas, and the foundation of Stakenet, as everything runs on top of it. The XSN Masternode network runs dApps (Lightning DEX, et cetera…) and services that generate fees which will be paid back to them. These fees will be paid in XSN in one way or another. Users won’t even realize they have paid in XSN as it will all be handled by Lightning Swaps in the background. For example, in Stakenet dx, if someone were to swap BTC to LTC, the fee will be initially collected in BTC, however, this BTC will then be automatically converted into XSN via a Lightning Swap in the background and paid to XSN Masternodes. This economic model will provide a constant demand for XSN, with fees collected from the dApps and services constantly being converted to XSN and then distributed back to XSN Masternodes. Please also note that data relating to the above-mentioned cryptocurrency presented here are based on third party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind.

Profits are planned to be given back to the community either via airdrop, or donated to their XSN treasury in what they term RSB rewards or “revolving stake bonuses”. Stakenet.io should consider selling xsn for fiat, accepting major credit cards. Along with staking services for everything from xsn to ether, etc. The percent change in trading volume for this asset compared to 7 days ago.