Rank 263



Avg. Price

$0.108629 USD

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What is Stakenet?

  • Coin

StakeNet, with the ticker XSN, is a Trustless Proof of Stake cryptocurrency created using the X11 algorithm that allows users to stake various cryptocurrencies in one single wallet. StakeNet addresses the issue of staking for nontechnical people by providing a simple user interface at stakenet.io, and accepting term deposits, membership and selling other merchandise to support Revolving Stake Bonus (RSB) to XSN holders. StakeNet focuses on technology improvements on the blockchain level, aims to improve the coin by introducing Trustless Proof of Stake (TPoS), which enables cold wallet staking, lightning network, atomic swaps, multi-currency wallet and Cross Chain Proof of Stake (CCPoS) functionalities.

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