XSN: Lightning DEX run by masternodes, 793x to match UNIFrom Stakenet:
"XSN is the first blockchain with Masternodes to ever be Lightning Network ready. This means XSN has instant, virtually feeless, and unlimited transactions per second, making it more valuable than most other cryptocurrencies whose only use-case is speed or scalability. It is also the first, next to Bitcoin and Litecoin, to ever perform Lightning Swaps. "
So, how is this any different from other DEX's/coins using the same buzzwords?
> Masternodes that actually provide value by running the DEX (and more)
> Lightning swaps: once your channel is open, high-frequency trading with fees a fraction of what other DEX's/CEX's charge
> Connext integration enables BTC/ETH crosschain swaps without wrapping/rollups
> Accessing DEX/trading done through XSN's multicurrency light wallet, or on the web-based DEX (Your keys, your coins)
MASTERNODE INCOME: Hosting the DEX
Owning a masternode will make users effectively partial owners of a cutting edge business. In addition to block rewards, MN's will receive orderbook hosting rewards for processing the DEX's transactions.
> Current XSN price: $0.16
> Current Masternode cost: $2,400
When XSN reaches #2 DEX SUSHISWAP's marketcap ($2.07b as of 10/7/21) each XSN Masternode will:
> Be worth $255,765
> Produce $7,500 monthly ($2,500 block / $5,000 orderbook hosting)
> Assuming $250m 24hr DEX volume
When XSN reaches #1 DEX UNI's marketcap ($13.6b as of 10/2/21) each XSN Masternode will:
> Be worth $1,665,000
> Produce $25,500 monthly ($16,000 block / $9,500 orderbook hosting)
> Assuming $890m 24hr DEX volume
XSN is delivering fully decentralized P2P Layer 2 trades. Masternode owners are the exchange owners.
Lightning
BITCOIN Lightning Network 🚀🚀🚀 Twitter replaces VISA in 2022??This is BIG news that will make it out to the masses. Bitcoin Lightning solves the speed and cost of paying with Bitcoin! Running live worldwide.
Get your Bitcoins while it's less than $100K per FULL BTC!
Please tip me in Santoshi and/or thumbs up!
The trend lines supports a rally but then again, that's the beauty of simple trendlines, support and resistance level. Past $70K, we should hit $100K+ in no time and we're not going back.
This is like the Internet in the mid 90's. The dot crypto boom is coming hard. Grab your seats!!!! Have some coins and remember to own your keys or totally trust your crypto wallet holding them.
Relief Reversal for Bitcoin Is Almost HereHello all
The past few weeks have been a very very tough for permabulls. After the historic liquidation session in May, an overwhelmingly bearish sentiment shook the markets and especially short-term paper handed b*tches. On-chain data was not too bright either, leading to the question whether it should be renamed to Ponzi-coin. Bitcoin was going to zero, or so the bears claimed.
Then, the historical Bitcoin law passed El Salvador at LIGHTNING speed, which led to a cascade of Latin American lawmakers expressing the wish to discuss Bitcoin in their respective parliaments. Also, MSTR announcing another 500 million of bitcoin buys helped to turn the narrative. Bulls rejoiced and here we are.
For now, focusing on the current price action: Bitcoin has been stuck between in a descending channel between the 30k and 40k range, making lower highs with every attempt to break the 40k. Several test of the 30k demonstrated a strong demand zone, so every touch was met by overbidding buyers. The price action got stuck for a while in a symmetrical triangle, which broke to the downside.
Bulls didn't allow it and the bearish momentum was broken until finally an inverse head and shoulders was painted. A newly formed demand zone at approximately 36k will be the launching pad for the coming right shoulder. Optimistic traders can look for long trades on a close over the neckline, but more conservative traders can add another major confluence, i.e. the resistance at 40.5k. Either way, risk rewards ratio should be acceptable. If the rocket turns out a dud, or bulls fail to break the 40.5k, will definitely mean more indecisiveness in the 37-40k range and even a revisit of the 30k. Then discussions on how to rename Bitcoin will resurface.
If you enjoyed this, leave a like. Comments are welcome.
Bitcoin Wave Correction - Long BullBitcoin Wave Correction - Long Bull
Bitcoin one of most resilient of cryptos effected by January downturn.
Sentiment has picked up since downturn has brought new entrants
and release of Lightning Network that addresses core issues such as speed and transaction fees.
Correction looks like it might follow a wave pattern.
Rsi almost on final destination, the rebound can be epicRsi almost on 30 watch how many times that happened. The speed of the rebound will show again why you don't short bitcoin. If you are a chart guru and really now when we did a top or a bottom than you can trade it.
Ps Lightning network nodes are growing with insane speed, that is showing what the people want. Bitcoin is more than a payment solution/store of value.
Still long on ETHUSD. Not sure what all the fuss is about.So the market corrected... Now what?
BUY.
Fundamentals: sounder than ever.
Technicals: best time to buy is below 1000.
Intuition: ETH will be #1 in a few months. Lightning is garbage, and everyone knows it.
There's no disclaimer here. Buy it and hold it.
DCR - *new - All Time High ?! - Public Proposal System - Introduction of the first censorship-resistant and blockchain-anchored public proposal system, which empowers users to submit their own projects to Decred for self-funding from the project's block subsidy.
- Stakeholder-directed DAO - Convert Decred into a stakeholder-directed distributed autonomous organization (DAO), whereby users are given further control of development funds through voting.
- Lightning Network - Add Lightning Network support to Decred. The two projects' respective lead developers work closely together - lnd and Decred are based on btcsuite, which was also developed by Decred's own developers.3
- Enhanced User Privacy - Highly anticipated project within Decred likely to attract widespread attention.
Counterparty is clearly a buy hereOne of the HUGE HUGE overlooked projects in the midst of the current cryptocurrency boom. I was rather surprised that the price against BTC have been kept that low up till now.
Counterparty relies on the bitcoin network for security, and implemented as a side-chain. It does not actually compete with bitcoin, but in a way it complements each other.
Counterparty provides functionality beyond the reach of Bitcoin. For instance, smart contracts, decentralized apps, crowd funding, domains, digital tokens just like Ethereum did.
Transaction cost
A counterparty transaction is really a transaction on bitcoin's network.
For instance: counterpartychain.io
and on blockchain.info: blockchain.info
At the moment transaction cost on Counterparty is significantly higher than Ethereum given that you are actually writing on the bitcoin network given the congestion.
However, that could be fully solved with the upcoming Lightning network that will be implemented on bitcoin. It is not a question technically.
Such a feature in Counterparty are still currently under development.
Mass adoption
I believe that connecting all blockchains is the final step of mass adoption in cryptocurrencies, and Bitcoin is well positioned to be the center of such a protocol of the future.
Remember the days before the invention of TCP/IP protocol where the 'internet' is only limited to a certain area/geography?
The real power is unleashed when a common protocol is used, that enable connection from many local network and intranets that becomes the global network we are used to today.
Price
In the long run, Counterparty is really the next closest competitor to Ethereum.
With the horizon of 1~5 years, I believe Counterparty could easily 10x~50x its current 40 million USD valuation given the fact that its supply is only a measly 2.4 million.
Technically?
Dont you love that nice bottom at 0.003~0.005 for the past 3 years? :)
----------
Cite
Why connecting all the Blockchains is the final step for mass adoption of Cryptocurrencies:
bravenewcoin.com
Little Brother: Out of the shadow and into the LiteFull disclosure, our first foray into Cryptocurrency was Litecoin back in 2015. It was the first coin we experimented mining with because it was cheap enough and could be mined with a GPU. It seemed like a good choice, because LTC was the underdog and mining had not become centralised and monopolised at is it had already become by then with Bitcoin. So we have a soft spot for it, but to be honest, not until recently did we start building our holdings.
Unless you've been under a rock, you've heard of the BTC scaling debate. Bitcoin is considered the older brother, always casting a shadow on all other Altcoins. So in his shadow, Litecoin has been able to learn from Bitcoin’s mistakes and so it has come to be seen as the coin that can implement what Bitcoin can’t for a lot of reasons. BTC's problems like stagnancy, divided and toxic leadership, inability to upgrade for the better. These things are both its greatest strength and greatest weakness. But many investors are realising how it shines, and how it doesn’t.
As time goes on, it has become clear that Bitcoin’s usage excels as a safe keep, like gold, but for every day usage, it’s not the fastest, or the most economical crypto by far. Countless coins have risen up with faster tech, but BTC holds it’s position, because it holds #1 in the market.
The battle is definitely on for a new contender for micro payments. We all want a safe coin we can hold our assets in like Bitcoin, but for everyday usage Bitcoin is failing, and failing fast. It’s heavy, slow and expensive once purchases go below a certain $ threshold. Like gold, it’s great to keep in the safe but lugging it around for every day usage makes little sense. A solution was gradually voted for called Segwit which would enable Bitcoin to use the Lightning Network for greater efficiency, but even though presented to voted on by the Bitcoin community since last year, there has been no progress or resolution and voting to activate is stuck at ~30% of the 95% majority needed. Needless to say, the arguments continue and the king is losing followers.
There are many recent contenders for the #2 spot to do what Bitcoin can’t: Dash, Monero and although not designed for some believe Ethereum. Each however has a lot of big trust issues and the sentiment is not great. Whether it’s pre-mining or a resentment of the helm, the crowd is not cheering unanimously for any of them.
Enter Litecoin. Litecoin has an established brand already, positioned for years as the silver to bitcoin’s gold, and the sentiment toward it is overly steady and positive. Created in 2011 by Charlie Lee, also known as Satoshilite is a serious and likeable character who has been able to unify the LTC mining community in adopting Segwit at a speed that is admirable. At the time of writing this, Charlie has garnered the support of 69% of the 75% votes needed to activate Segwit. You can read about his vision for Litecoin and Segwit here (segwit.org). All of this exuberance has driven up the LTC price several fold already in the last weeks and shows no real signs of slowing down.
What’s more, is that despite several years of attempts to climb up and move out of the shadow of BTC, Litecoin’s community hasn’t given up. It’s that keep going and striving spirit, to put aside the ego and hold let’s do this attitude which Bitcoin has lost. It’s a spirit that many regular people relate to and it's something an army of investors are beginning to rally behind.