Stakenet
by Stakenet
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Stakenet allows users to participate in the staking process and validate new transactions, without removing their coins from their wallets.
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Company Details
- Stakenet
- https://stakenet.io
- Founded 2018
- USA
- Trust-less Staking Blockchain
Token Stats
About Stakenet
Stakenet is a blockchain with a unique Trustless Proof of Stake (TPoS) consensus mechanism that allows users to participate in the staking process without having to freeze their coins in the wallet. It's powered by the native coin XSN and is managed by its own masternodes. Stakenet (XSN) was created to build an ecosystem that allows easy and secure offline staking and cross chain communication. It has characteristics of Bitcoin, Dash and Peercoin, that were modified for their own purposes. XSN uses the Bitcoin Core, an improved Dash masternode architecture, and Peercoin's validation mechanism for creating new blocks.