Stakenet is a decentralized platform that provides a trustless inter-chain economy. It is composed of a pile proof blockchain with lightning network, master node, and distributed application/decentralized applications to provide a highly secure cross-chain platform for cryptocurrencies where individuals can easily operate any blockchain using Stakenet and its local currency XSN.

Project introduction

Stakenet is a proof-of-stake blockchain that provides a truly decentralized, highly secure and professional link network for the blockchain economy. It is powered by its native coin XSN while being managed by its own master and lightning network node network. Stakenet has a conversion time of 1 second and has up to 240 on-chain transactions per second. It is based on a block size of 1-4 megabytes and a block generation time of 60 seconds. In addition, the Stakenet blockchain can also achieve initial scale expansion of the O chain in a nearly zero-cost way by using the Lightning Network.

Stakenet is a distributed network that inspires stakeholders, providing a trustless inter-chain economy. It is based on enhanced evidence pile blockchain certificates with multiple second layer solutions such as Lightning Network, Masternodes and dApps. It has a confirmation time of one second, with up to 240 on-chain transactions per second. Through the Lightning Network, most transactions will be conducted here, and the Stakenet blockchain can be expanded at a very scale with instant and almost free transactions. Its use case is to provide a cross-chain architecture for cryptocurrencies, and individuals can easily operate any blockchain using Stakenet’s native coin XSN, because the blockchain is connected to each other through the Lightning Network and other cross-chain technologies. Unlike the vast majority of cryptocurrencies, Stakenet does not impose a whole new standard, but sticks to existing BTC/LN protocols and existing smart contract solutions, which are now and future for the blockchain economy. Cryptocurrency, Stakenet did not impose a whole new standard, but insisted on existing BTC/LN protocols and existing smart contract solutions, which are now and future for the blockchain economy.

Stakenet provides one of the highest level of security in any proof of shares blockchain. It easily and securely places its currency XSN by using proof of trust from its invention, effectively achieving a dispersed cold rivet. TPoS allows dealers to refrigerate coins through special protocols on the Stakenet blockchain, meaning validators can even place their XSN from their hardware wallets, eliminating any unnecessary security risks. Additionally, Stakenet Masternodes creates a huge network of distributed computers that can generate incredible computing power. They provide high-end network services and run blockchain-based DApps. For example, the XSN Masternode network powers XSN Dex by performing lightning swaps and tokenized swaps between different coins, host lightning channels and provides liquidity to the Lightning network through Masternodes' accessories.

Stakenet is the first stake blockchain proof to successfully perform Lightning Network compatibility using Masternodes, in addition to Bitcoin and Litecoin, it also performs atomic exchanges first through the Lightning Network (Lightning Swap). Therefore, the Stakenet blockchain can interact with any merchant, app, wallet or upcoming encryption device compatible with the Lightning Network. Thanks to Stakenet's cross-chain capability, users can pay anyone who accepts Bitcoin or any other Lightning Network-compatible coins to connect seamlessly with XSN, thus increasing adoption at scale, as thousands of merchants have already accepted Bitcoin payments through the Lightning Network.

Stakenet uses Lightning Network, different smart contract solutions and refrigerate with trusted equity, exchange and support
Combining payments creates the safest, fastest and cheapest inter-chain architecture for the blockchain economy.

Related links:

https://stakenet.io/
https://stakenet.io/Stakenet_Whitepaper_CN.pdf
https://0xzx.com/201907090248159757.html