Podcast
The Off the Chain series by Jo Park on Spotify
Jo talks about last week's events from Bitcoin (Lightning) and Stakenet.
Enjoy. It's definitely worth it!
Spotify:
1 Intro
2 Bitcoin and Lightning Network news:
- Vulcano mining in El Salvador:
- More people using Bitcoin and Lightning than Bank accounts in El Salvador:
- Bitcoin mining companies (Marathon, 8hut, Riot, etc) are hodling BTC:
- Crypto safe harbor law allows America-based crypto startups to control their token infrastructure
- China is considering the further restriction of investment in crypto mining:
- Brazil is taking steps to regulate crypto exchanges
- LN breaks +3000 BTC (in public nodes):
3 Stakenet news:
- Update on ETH BTC swaps
- improving the UI DEX & UX
- Comfycast x Stakenet banner:
4 Outro
Spotify:
1 Intro
2 Bitcoin and Lightning Network news:
- El Salavador: Starbucks, McDonald's etc. accept Lightning payments & > 1.6 Million user onboarded (
)
- Paxful adds Lightning Network (
)
- LN breaks +2800 BTC (in public nodes) (
)
- Connext will add Arbitrum: getting off-chain will become x10 cheaper (see Stakenet Ann channel)
- Arbitrum and Solana crashed => eg Serum DEX wasn't usable for ~ 17 hours (
)
- Twitter adds Lightning payments (
)
- Rene Pickhardt gets grant from Bitmex (
)
- Useful newsletter: Coingecko (daily), Kraken (daily), Bitcoin op-tech (weekly), Lightning labs (monthly)
3 Stakenet news:
- Hydra smart contracts proposal
- DEX proposal
- Stakenet DEX feature: fees (no gas fees, failed trades, no frontrunning, read more here
Stakenet Vision V )
4 Outro
Spotify:
1st: Intro Welcome to "Off The Chain", a crypto podcast about Bitcoin, off-chain networks like the Lightning Network and their implementation(s).
2nd: BTC and LN News
- El Salvador is introducing BTC as legal tender today (In Global First, El Salvador Adopts Bitcoin as Currency - The New York Times (nytimes.com))
- Blockstream will start producing mining hardware (Blockstream Raises $210M, Acquires Mining Chip Manufacturer Spondoolies (yahoo.com))
- Twitter CEO will build a Bitcoin DEX (Twitter CEO Jack Dorsey reveals efforts to build a Bitcoin-Centric DEX. - Coinnounce)
- LN capacity is on ATH (1ML - Lightning Network Search and Analysis Engine - Bitcoin mainnet)
3rd: Stakenet News - Stakenet DEX: Closed beta progress
4th: Outro - Any feedback is welcome!
*This only reflects the personal opinion of the speakers and does not serve as financial or investment advice*
Blogs
All medium articles
All medium blogs are linked here, the guides for MN and Staking are linked on the respective topic page. All rights are held by Stakenet and the authors.
Date |
Link |
Title |
General information about Stakenet |
Jan 20, 2022 |
|
Stakenet: 2021 Recap |
Dec 08, 2021 |
|
Stakenet, Lightning, Connext & more |
Dec 03, 2021 |
|
Stakenet: Community AMA with Spiral |
Dec 03, 2021 |
|
Stakenet: Monthly Recap — November |
Jun 09, 2021 |
|
Stakenet’s vision: Part VI — The future of trading |
May 05, 2021 |
|
Stakenet’s vision: Part V — The Stakenet DEX |
Apr 27, 2021 |
|
Stakenet’s vision: Part IV — Atomic vs Lightning swaps |
Apr 13, 2021 |
|
Stakenet’s vision: Part III — The Lightning Network |
Apr 06, 2021 |
|
Stakenet’s vision: Part II —Breaking down the layers — Layer 1, Layer 2, and Layer 3 |
Mar 29, 2021 |
|
Stakenet’s vision: Part I — DEX vs CEX |
Dec 29, 2020 |
|
Stakenet AMA - Part III |
Dec 21, 2020 |
|
Stakenet AMA - Part II |
Dec 17, 2020 |
|
Stakenet AMA - Part I |
Dec 02, 2020 |
|
Ethereum Scalability Solutions, Connext and Stakenet | XSN Research |
Aug 06, 2020 |
|
Layer 2 vs Sidechains | XSN Research |
Jul 26, 2020 |
|
XSN ⚡️DEX ARCHITECTURE |
Sep 24, 2019 |
|
Blockchain Scalability Solutions: Lightning Network and Sharding |
Jul 18, 2019 |
|
Stakenet Light Paper |
Jun 01, 2019 |
|
Stakenet: A Peer-to-Peer Interchain Economy (Whitepaper) |
Apr 03, 2019 |
|
XSN Masternode Network |
Mar 05, 2019 |
|
A Year of Stakenet |
Dec 10, 2018 |
|
Masternodes-as-a-Service — The Stakenet Way |
Nov 21, 2018 |
|
Multi-Currency Wallet and Lightning Swaps — Stakenet Solution |
Stakenet Wallet |
May 31, 2021 |
|
XSN Mandatory Wallet Update V1.0.28–31 May 2021 |
Apr 17, 2021 |
|
The Stakenet Layer 2 Wallet |
Sep 18, 2020 |
|
XSN Mandatory Wallet Update V1.0.22–8 October 2020 |
Sep 06, 2019 |
|
Stakenet Wallet — Multi-Currency, Masternodes, Lightning Network, DEX, TOR and more |
Jun 20, 2019 |
|
XSN Mandatory Wallet Update — June 2019 |
Apr 09, 2019 |
|
Trustless Proof of Stake (TPoS), Wallet Staking and Pooled Staking |
Apr 03, 2019 |
|
XSN Masternode Network |
May 05, 2018 |
|
Cold-Staking | TPoS vs LPoS vs DPoS |
Stakenet DEX |
Dec 10, 2021 |
|
Stakenet DEX: Beta Release |
Dec 09, 2021 |
|
Stakenet DEX — Short Guide |
Dec 09, 2021 |
|
Stakenet DEX — Detailed Guide |
Dec 09, 2021 |
|
Temporary Workarounds |
Dec 09, 2021 |
|
Stakenet DEX — FAQ |
Nov 21, 2021 |
|
BTC Liquidity Benefits on the Stakenet DEX |
May 18, 2021 |
|
Stakenet DEX: AMM UI |
Feb 22, 2021 |
|
Stakenet | DEX — Usecase & Strategy Overview |
Jan 27, 2021 |
|
HYDRA DEX | Network Upgrade (Proposal) |
Aug 27, 2020 |
|
Stakenet ⚡️Wallet | Update AUG 28 2020 |
Jun 27, 2020 |
|
Stakenet DEX — Fee Structure |
Jun 24, 2020 |
|
Stakenet DEX — Multi-Exchange Trades |
Monthly Recaps, DEV-Updates & Core-Updates |
Oct 29, 2021 |
|
Stakenet: Monthly Recap — October |
Sep 30, 2021 |
|
Stakenet: Monthly Recap — September |
Sep 01, 2021 |
|
Stakenet: Monthly Recap - July & August |
Jun 27, 2021 |
|
Stakenet: Monthly Recap — June |
May 27, 2021 |
|
Stakenet: Monthly Recap — May |
Apr 23, 2021 |
|
Stakenet: Monthly Recap — April |
Mar 21, 2021 |
|
XSN CORE UPDATE | March 2021 |
Nov 20, 2020 |
|
XSN Dev Update | NOV 20 2020 |
Nov 01, 2020 |
|
XSN Dev Update | NOV 1 2020 |
Oct 31, 2020 |
|
XSN Dev Update | Oct 13 2020 |
Sep 05, 2020 |
|
XSN Dev Update | SEPT 05 2020 |
Aug 23, 2020 |
|
XSN Dev Update | AUG 23 2020 |
Jul 20, 2020 |
|
XSN Dev Ledger Update | JULY 20 2020 |
Jul 12, 2020 |
|
XSN-Core Dev Update July 12 2020 |
May 25, 2020 |
|
XSN DEV UPDATE MAY 26 2020 |
Mar 21, 2020 |
|
XSN DEV UPDATE | MARCH 21 2020 + DEX LAUNCH |
Apr 02, 2019 |
|
March Development Update |
Youtube
General videos of the Stakenet channel. Mainly guides are available there, these are also listed in the respective topics.
Date |
Link |
Title |
01. November 2019 |
 |
Stakenet (XSN) - What is Stakenet? |
21. October 2018 |
 |
Four Ways to Earn Passive Income with XSN |
03. October 2018 |
 |
Stakenet (XSN) - What is RSB and what does it mean? |
Stakenet Foundation
On April 8th, 2021 it was announced that Stakenet had established a foundation.
On August 10th, 2021 the first draft of the Foundation statute appeared:
The original link as a Word document:
HSC: Hydra Smart Chain
So that the DEX (from level 2: Prometheus) can later be hosted on the individual MNs, the StakenetChain must be expanded. This happens with the Hydra Smart Chain (a fork of Ethereum). A media article should appear soon.
The Github repo with the first Testnet version has been published:
- Github repo
FAQ - frequently asked Questions
Who is the team behind Stakenet or X9?
The team behind X9 consists of the people listed here: X9-Developers.
In addition, there are other (voluntary) people who are involved in the project.
Why is there no maximum amount of coins at XSN?
As with pretty much all POS-Coins (Proof of Stake) there is no maximum amount here either. This is due to the transaction costs that are burned with each transaction. If there were a maximum amount in such a system, it would be at some point the number of coins at 0. Of course, as with everything, there are advantages and disadvantages.
How is the block award divided?
The breakdown is as follows:
- 45% / 9 XSN to Masternode
- 45% / 9 XSN to Stakenode
- 10% / 2 XSN for the treasury
However, the 2 XSN for the treasury are only written to the blockchain once the governance voting has been successfully coordinated.
What is the treasury?
The Treasury is a cryptographically sealed public address that contains funds that have been allocated to it by the network. At Stakenet, 10% of the block rewards go into it. It is used to support Stakenet further developments, new projects and such continue to finance.
There is also a long-term development fund for larger projects, partnerships, competitions, long-term marketing, major developments, etc. The treasury is used to cover all expenses before the long-term development fund is tapped.
What does "Burning" mean?
This means that XSN-Coins will be irrevocably "deleted". This is what happens with transaction costs.
There will be other mechanisms for this later that will permanently remove XSN.
A "burn address" is simply said, a created wallet whose public address is known and the private key has been deleted. Everything that is sent to this address is then considered burned / deleted.
This is one of these addresses: XmPe9BHRsmZeThtYF34YYjdnrjmcAUn8bC
What are the differences between a CoreWallet and a LightWallet?
These are different types of wallets that communicate differently with the blockchain.
CoreWallet: The biggest difference is that the complete blockchain is loaded and locally available in this wallet. This is also called a full node. In addition, all services such as masternode and stakenode are currently only available from this wallet.
LightWallet: As the name suggests, this wallet is slimmed down. It does not have the blockchain available locally and is dependent on other servers / full nodes. This saves storage space but gives up a bit of security. With these savings, Lightwallets also support in Usually several coins. The Stakenet DEX starts with BTC, LTC, XSN, ETH and theoretically all ERC-20 tokens.
Core Wallet
Where is the CoreWallet?
The CoreWallet can be downloaded from the following link: github.com/X9Developers/XSN/releases
This is currently available in version 1.0.28 for Windows (64Bit), Linux (32 / 63Bit) and for MacOS (64Bit).
Which version should you use at least?
Version 1.0.28 is strongly recommended with the important update from May 31st, 2021.
How much storage space does the wallet or blockchain require?
The blockchain needs about 3.3 GB of data on the hard drive.
How long does it take to synchronize with the CoreWallet?
That depends very much on the performance of the computer (CPU, RAM, HDD / SSD and up / down speed). With a powerful computer it is possible to synchronize in less than 2 hours. With the smallest VPS e.g. it can also take 10 hours and more. In these cases you can use a Bootstrap.dat
This significantly reduces the time required.
There are various instructions for this:
Medium (Linux): Stakenet (XSN) — Setting up a Masternode at step 6 in the guide
Video instructions (Windows): Stakenet (XSN) Tutorial - How to Apply The Bootstrap .
The latest Bootstrap version is available here: Bootstrap.zip
What are the different addresses?
There are currently 3 types of addresses and these start with the following characters:
- X
- Legacy adresses.
- Example: Xi1BEVHFRYg1QQfrNJF8L9yXvREAADxCLk
- 7
- SegWit adresses.
- Example: 7aJz2aDoP9UeZMyzAxVs6qfq5ZTEPCx2Z8
- xc1
- Native SegWit adresses
- Example: xc1qm82zpjy4ysapdrfr3v7fzphc43q9u4sd20t3ud
How do I create receiving addresses?
To do this, you have to switch to the console in the open wallet (Tools tab -> Debug console)
To create SegWit addresses (starting with 7):
getnewaddress "description"
Then a new address should be output
For creating legacy addresses (starting with X on):
getnewaddress "description" "legacy"
Then a new address should be output.
You can then view all the received addresses created under File -> Receive addresses.
Why should you encrypt a wallet?
An unencrypted Wallet.dat is primarily an open file. As soon as a third party has the file, he has complete access to all the coins it contains. Therefore, you should encrypt them once with a secure password. And the password of course store carefully.
In this guide: Stakenet Cloud: Setting up a Masternode There is more information at point 2 " Encryption and backup "
Why make a backup?
Since a PC or hard drive can always be damaged, a secured wallet.dat is highly recommended. Of course, this should be copied with a closed wallet (if it is encrypted) and on another drive or save location.
In this guide Stakenet Cloud: Setting up a Masternode There is more information at point 2 " Encryption and backup "
Moving a wallet to another computer
You can simply copy the wallet.dat to another computer and open the wallet with this file. If you are running a Masternode or a TPOSnode, the corresponding .conf file should also be copied.