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Roadmap 2018

2018 2019

Stakenet (XSN) features two main aspects on this 2018 roadmap: a software component (protocol and blockchain development) and a hardware component (development of devices designed to interact with our protocol and software).

Focused on Cross-Chain capabilities and Lightning Network, the technologies that will allow to build Stakenet dx -run by Masternodes- and enable Cross-Chain staking. All while developing the XSN Hardware Wallet to interact with the multi-currency XSN Wallet software, allowing you to send and receive dozens of cryptocurrencies, run Masternodes and TPoS, Cross-Chain stake, trustlessly swap in Stakenet dx and open LN channels.

A network of projects are being built on top of the Stakenet ecosystem. These make money that go back into Stakenet (XSN), either by funding further development or burning it (RSB initiatives).

GENESIS (Q1)

  • Coin swap from POSW to XSN

    March 1, 2018

    Swap from old PoSW coin to XSN

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    Stakenet (XSN) genesis. Introducing TPoS, Masternodes, and opening a whole new world of possibilities with our new roadmap around Lightning Network and Cross-Chain capabilities.

    100%

    Deployed

  • Trustless Proof of Stake (TPoS) implementation

    March 1, 2018

    Trustless Proof of Stake empowers XSN holders to securely stake coins from cold storage to earn staking rewards without the need of a trusted or voted authority

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    TPoS is a Stakenet invention that allows every XSN holder to securely stake his coins from a cold storage without the need of a trusted or voted authority. While crypto holders currently use offline storage, TPoS transforms these cold storage devices into profit-generating devices. TPoS is fully operational and available for everyone who owns XSN. This technology will be available for Cross-Chain purposes upon implementation of CCPoS.

    100%

    Deployed

  • Masternodes implementation

    March 1, 2018

    Stakenet Masternode owners will have several sources of rewards: regular block rewards, Stakenet dx’s trading fees and fees for running TOR-network services. Furthermore, additional rewards may come in the form of hosting DApps and other services added to the Stakenet Masternode Network.

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    Stakenet Masternodes are dedicated hardware nodes that reside on servers around the world to ensure network decentralization and needed redundancy. Masternodes serve a critical role in adding a self-governing, service-providing layer to the network as well as supporting the Stakenet vision and mission statement by performing network-related functions. To secure the long-term health of the Stakenet Network, masternode operators will have financial incentives to keep their nodes running for extended periods of time, primarily by being rewarded with block rewards or getting paid for services rendered.

    100%

    Deployed

  • Website released: xsncoin.io

    March 18, 2018

    Stakenet (XSN) very first website launch

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    The first Stakenet (XSN) website with basic information is released. Soon to be replaced with https://stakenet.io.

    100%

    Deployed

EXCALIBUR (Q2)

  • Advisory board + team expansion

    June 11, 2018

    Expand our team with new specialists team members from various fields.

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    We recruited specialists from various fields to assist in executing our hardware development roadmap, particularly in the realm of integrating on biometric data on the blockchain. Frank Amato, former JPMorgan Executive Director, also joined our team to assist in Stakenet dx development.

    100%

    Deployed

  • Website released: Stakenet.io

    31 June, 2018

    Stakenet (XSN) updated website launch

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    The new Stakenet website is released. Replacing https://xsncoin.io, with an updated roadmap and more information regarding the Stakenet ecosystem and a dedicated XSN coin page.

    100%

    Deployed

  • "XSN Cloud" platform launch

    31 June, 2018

    XSN Cloud is released, featuring Staking-as-a-Service (Staking Pools)

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    XSN Cloud is released under https://cloud.stakenet.io. Its main service is wallets that automatically stake PoS coins in a pool. Even users with a very low amount of coins can receive dozens of rewards daily. Also features Masternodes-as-a-Service, Masternodes monitoring services, an ROI Calculator, etc... Fees collected are used towards Stakenet (XSN) further developments or are burned.

    100%

    Deployed

  • SegWit update

    August 1, 2018

    SegWit is an implementation in the transaction format in the blockchain architecture, which is fundamental for the Stakenet ecosystem.

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    Segregated Witness, so-called SegWit, is the name used for an implemented soft fork change in the transaction format of our blockchain architecture, to include a variety of functions. Most of them focus on an improved scalability, extra security and an more effective usage of resources and network capacities. Furthermore, SegWit includes useful protocol changes to benefit hardware wallets and it is the smallest common denominator for any Cross-Chain communication in our ecosystem.

    100%

    Deployed

  • Lightning Network update

    August 1, 2018

    Lightning is a decentralized network between several nodes which use smart contract functionality in the blockchain to enable instant and nearly zero fee payments between all participants

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    The Lightning Network is a second layer solution to enable intra and inter off-chain transactions and is expected to be a game changer in the evolution of the cryptocurrency. Lightning provides instant payments across the entire blockchain without any limitations caused by the block confirmation times. Furthermore, the Lightning Network allows the processing of millions to billions of transactions per second across the network by nearly zero fees. Finally. Lightning allows the execution of trustless transactions between different blockchains if both chains are connected due to a compatible second layer protocol.

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    Deployed

  • XSN updated to BTC 0.16.1 codebase

    August 1, 2018

    Since Stakenet is a code fork of Bitcoin we aim to implement useful Bitcoin.core updates into our blockchain architecture as well. Therefore, we decided to update our codebase to the current BTC 0.16.1 core.

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    Stakenet uses some basic characteristics of Bitcoin and Dash, which are adjusted for the needs of XSN. With the updated codebase to BTC 0.16.1, Stakenet uses the most popular blockchain architecture and can adopt or modify any new achievement of the Bitcoin development without any effort and without threatening its own inventions like Trustless Proof of Stake. The main advantages of the current codebase update to BTC 0.16.1 are the utilization of all SegWit and Lightning Network benefits.

    100%

    Deployed

ZEUS (Q3)

  • Multi-currency "XSN Excalibur" wallet

    Estimated launch end of Q3, 2018

    XSN Excalibur is the new desktop/mobile wallet for our users to store, send and receive multiple coins without the need of downloading a single blockchain.

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    Allowing our network to hold databases and run full nodes of multiple chains we will be able to securely send, receive, and confirm transactions on separate chains from our own. These 3rd party chains will be held on our second layer which, will communicate with first layer nodes allowing our users to hold multiple wallets in one place – the XSN multi-currency wallet.

    70%

  • XSN Lightning Swap compatibility

    Estimated launch end of Q3, 2018

    Lightning Swaps are our solution to trustlessly swap coins between different blockchains.

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    Lightning Network Cross-Chain Atomic Swaps are the trustless swap of cryptocurrencies between different blockchains. This will empower the Stakenet blockchain to swap XSN with BTC, LTC and other lightning compatible coins. This feature will eventually be an in-wallet solution and the beginning of Stakenet dx.

    100%

  • "XSN Cloud" Masternodes-as-a-Service

    Estimated launch end of Q3, 2018

    We set up and maintain your Masternode, while you are still and always in full control of your coins.

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    Masternode-as-a-service is a trustless Masternodes hosting service, meaning our users will own the private keys at all times and the coins will not leave their local controller wallets. Fees for MNaaS will be paid in XSN. Our Masternode hosting service will have servers distributed all around the world in different datacenters to ensure geo-redundancy.

    100%

  • "XSN Cloud" new PoS coins

    Ongoing

    New Proof of Stake coins are being added to XSN Cloud pools

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    XSN Cloud team is making progress on adding more coins to the pooling staking services. Allowing more people to benefit from staking any coin and generating a revenue stream via fees for Stakenet (XSN) development.

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    Deployed

  • "XSN Hardware" prototype private testing

    Estimated launch end of Q3, 2018

    Execute private tests of security and stability of the XSN Hardware wallet device

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    Deployed

  • RSB rewards monitoring

    Estimated launch end of Q3, 2018

    Monitor our RSB mechanism to see how many XSN have been already burned or used for further development.

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    Stakenet rewards XSN holders via an RSB mechanism, which is a Proof of Burn technology for projects using the Stakenet network. That way, all revenues will be given back to XSN coin owners one way or another, such as buy-back-burns or funding the treasury for further development.

    100%

    Deployed

MERLIN (Q4)

  • Enhanced privacy

    Estimated to be done in Q4, 2018

    As a solution for cryptocurrencies privacy issues, the Stakenet protocol added several lines of privacy such as zk-SNARK and the TOR network.

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    The first line of defense against deanonymization is the hash algorithm used. XSN is based on X11 which is comprised out of eleven different hash algorithms which are chained together, every single algorithm needs to be broken for the whole blockchain to be compromised. Additionally, Stakenet blockchain includes a built-in coin mixing that makes it nearly impossible to trace transactions. Stakenet is also researching zk-SNARK to allow two parties to verify each other without revealing any secret or private information and will use the TOR network to offer XSN users the ability to communicate with the blockchain via a hidden peer to peer network.

    10%

  • Enable Cross-Chain Proof of Stake

    Estimated to be done in Q4, 2018

    CCPoS is a technology to empower XSN holders to stake XSN and receive rewards in any other coin.

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    Another XSN innovation under development is CCPoS. With this technology, we aim to enable users to stake XSN and receive rewards in any other coin. Herewith individuals will be enabled with the flexibility to switch rewards on the fly to that new “hot coin” if they so desire. For example, XSN holders are empowered to stake XSN and get rewarded in Bitcoin, Litecoin or Dash.

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  • Autonomous swaps by MN quorums

    Estimated to be done in Q4, 2018

    We will empower our Masternodes to manage and verify swaps between different blockchains.

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    Once Zeus is in place, we will begin programming our second layer to trustlessly handle Cross-Chain Light Swaps utilizing Masternodes Quorums. As of now, a human or merchant is needed to set up the needed payment channels for trustless swaps between different peers. With Stakenet dx, this will be autonomously done by the network with no human needed.

    10%

  • "Stakenet dx" proof of concept

    Estimated to be done in Q4, 2018

    Stakenet will create crypto’s first truly decentralized cryptocurrency swaps run entirely by Masternodes and not just supported by them

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    Stakenet will create crypto’s first truly decentralized cryptocurrency swaps run entirely by Masternodes. By doing so, Stakenet dx cannot be shut down by any third party, what makes it unique. Stakenet dx will focus on usability, so even people who are not familiar with cryptocurrencies can trustlessly make cryptocurrency swaps without the need of dealing with complicated wallets or additional technical requirements like setting up a remote server.

    10%

  • Sharding (on-chain scaling) on testnet

    Estimated to be done in Q4, 2018

    Sharding is a technique that allows the network to be divided into several small pieces instead of one giant blockchain

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    Sharding scaling is a technique that allows the network to be divided into several shards. This sharding mechanism can improve the on chain capacity and throughput, allowing DApps and high tx functionalities.

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  • DApps on testnet

    Estimated to be done in Q4, 2018

    DApp is an abbreviation for a Decentralized Application which enables us and third parties to develop powerful tools and services in and for Stakenet.

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    Stakenet is more than just an ecosystem for XSN and other PoS coins. With Cross-Chain interoperability Stakenet can host other chains, allowing them to add new features and applications without the dreaded fork. The backend code of these DApps will be running on the Stakenet peer to peer network, while the DApps frontend code and users’ interface can be written in any language that can make calls to the backend. Using Stakenet’s unique combination of a Masternode network and hardware, developers can create powerful DApps. For example, a car manufacturer is able to monitor ownership and service level detail of the car as well as the owner is able to lock/unlock the car with XSN Hardware.

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  • Wallet auto updates

    Estimated to be done in Q4, 2018

    The owner of XSN full nodes are enabled to pull necessary updates from the XSN core team repository with a single click solution

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    Due to the rapid rate of technological advancement, soft- and hard-forks are a natural part of an emerging network. We will incorporate an optional auto-update system for our users, that allows nodes to pull the core team to update nodes automatically. Stakenet will secure that auto-update system with state-of-the-art technology to ensure stability and reliability and to protect the Masternodes from malicious updates and man-in-the-middle attacks. This way XSN holders can passively run nodes without having to constantly concern themselves with mandatory upgrades during initial periods of rapid network development.

    0%

  • Cold staking from Ledger Nano S

    Estimated to be done in Q4, 2018

    Add support for Ledger Nano S and enable cold staking from it using TPoS

    85%

  • "XSN EPoS" whitepaper and roadmap

    Estimated to be done in Q4, 2018

    The team working on XSN Hardware will release its plans, ambitions, and roadmap

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    XSN Hardware aims to find use cases and solutions in bridging the gap between the blockchain digital and real world by using the Stakenet (XSN) blockchain and our Exertive Proof of Stake (EPoS) idea.

    20%

  • "XSN Hardware" prototype launch (public access limited)

    Estimated to be done in Q4, 2018

    Execute public tests of security and stability of the device

    25%

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