1st: 1000 [5 prize(s)]
2nd: 0 [0 prize(s)]
3rd: 0 [0 prize(s)]
4th: 0 [0 prize(s)]
XSN was featured in a recent headline at cointelegraph.com - you can read the original article here. A few excerpts are written below, including quotes from some of the development team.
To enter this contest, just share the cointelegraph link and the image to the left via twitter, facebook, reddit, or any other social media site. Post the social media link in the form below, along with your XSN address. You are more than welcome to share the quotes as well, as they really embody the awesome tech and ideas behind the XSN framework.
The contest lasts for 7 days, with 5 lucky winners getting 1000 XSN each!
Cold Storage Staking | XSN coin
Through all the talk of the proof of stake vs proof of work debate there is one project that has recently added a new dynamic to the conversation. XSN coin has developed the first ever 'trustless proof of stake' implementation on a bitcoin based protocol. 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 (XSN) to produce, validate, and move a blockchain.
"Users will now be able to use this technology to easily 'cold storage stake' from hardware wallets (such as a Ledger + Trezor), giving the highest level of safety and security while earning interest and providing utility. We have created a whole new use for cold storage products, transforming these devices from cold storage units to active, profit generating devices."
-Ben Wang, XSN Core Senior Developer
The ecosystem is planning to get a major boost this summer as well with the launch of StakeNet.io - a platform aiming to provide tools for merchants and a marketplace where users will be able to pick and choose the best merchant that suits them. 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. 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'.
"Atomic swaps are here but require verifications of humans or centralized authorities, we will be able to execute these verifications in an autonomous fashion via a decentralized exchange built on our second layer (masternodes), powered by our very own token (converting it into a form of gas). This DEX will serve as a backend for stakenet or other exchanges to plug into, releasing them instantly of liability and allow them to focus on what matters most - creating a high quality user experience. This aligns with our vision of a platform centered, utility driven, cross chain future, while reinforcing a symbiotic network-user relationship. Combine this all with TPoS and by end of the year users will not only stake from a cold storage device but receive their rewards instantly in a different currency of their choice - all decentralized, automated, and trustless occurring right here on the XSN network."
-John Draper, Director of Operations - XSN-Core
You have already entered this contest or the contest has ended. Good luck!