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.

XSN team: We have created a whole new use for cold storage products, transforming these devices from cold storage units to active, profit-generating devices.

How TPoS works

Working on a commission based system, owners grant service providers (they call merchants) permission to stake but not move their funds. These merchants are able to charge a commission for said services agreed upon by the two parties. The protocol itself is “smart” and knows how to split these newly minted TPoS coins, done without any human involvement via signed messages broadcasted when the contract is first created.

StakeNet

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.

---

In addition they aim to have general staking as a service (SaaS) for major POS coins, host masternodes, and execute what they are calling ‘Cross Chain Proof of Stake’ on the newly emerging lightning network.

---

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”).

- They are going to give service to stake the major POS coins!!!!
- They are going to build a DESCENTRALIZED EXCHANGE (DEX) !!!!

You can enjoy the great write up by Cointelegraph

NO WORDS: NEW TECH and HUGE POTENTIAL PROJECT

SMILE