XSN QUICK STATS:
|CREATION DATE:||March 5, 2018|
|DEVELOPMENT STAGE:||Closed beta (invite only)|
|CURRENT SUPPLY:||119,840,724 XSN|
|TOTAL SUPPLY:||116,301,686 XSN|
|ALGORITHM:||Hashing algorithm: X11|
|PROOF TYPE:||PoS + TPoS (Trustless Proof of Stake)|
|TARGET SPACING:||60 sec|
What is XSN?
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.
Another unique feature about XSN is that it is one of the first coins to ever perform Lightning Network Cross-Chain Atomic Swaps, which are the foundation of Stakenet DEX. With instant, infinitely scalable transactions, and near-zero fees over Lightning Network, XSN coin also offers its users security and privacy while making transactions.
Stakenet utilizes an arbitrage/liquidity mining functionality dubbed “Vortex” by their community, which can be connected to any Centralized Exchange (CEX) or Decentralized Exchange (DEX) that allows API access.
You can now store, send, and receive XSN with CoinPayments!
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