nOS NOS to Stakenet XSN Exchange

Crypto Pair Details: NOS to XSN

nOS NOS

nOS is a virtual operating system that introduces a new, decentralized internet. On this new internet user data is safe, and it only goes where the user wants it to go. nOS solves key issues surrounding dApp development, deployment, discovery, and interaction, allowing for true adoption of decentralized applications and blockchain technology. Because applications can choose to make their back-ends fully open-source and transparent, this new implementation of the World Wide Web is defined as the Open Internet. On nOS, applications and websites can be deployed in a completely open and decentralized manner by integrating smart contracts, client-side code, and public-key cryptography. Unlike server-side backend code, smart contracts can be open for all to read, allowing users to review how their data will be transmitted before any final commitments to action. Client-side code and other frontend materials can be distributed via nOS Filesystem, a decentralized file sharing protocol that allows for secure and transparent distribution of static files. By serving both backend logic and frontend material in an open-source, decentralized manner, true transparency between user and application can be achieved. dApps that are deployed to nOS can be accessed through nOS Client, a software solution for desktop and mobile that (among other features) introduces nOS Browser. nOS Browser functions as a web browser, with the added benefit that it integrates with the nOS Protocol, a blockchain-powered web protocol that facilitates secure and open accessibility of nOS dApps. The nOS Protocol resolves domain names that exist on nOS Name Service, a blockchain-powered decentralized implementation of a Domain Name Service, and allows for dApps to register domain names which are discoverable on nOS (e.g. mydapp.neo or my-dapp.eth). The dApp Gateway is a user-friendly dApp discovery platform (or “App Store”) where rankings are decided in a completely decentralized manner via Decentralized Authority. In order to achieve the features such as the ones described above, nOS is powered by the nOS Utility Token. The nOS Utility Token employs various staking and reward utilities which are intended for developers who wish to deploy and maintain dApps on nOS, and for end-users who wish to practice governance by Decentralized Authority. nOS eliminates the need for end-users to manually exchange crypto-currencies in order to make use of various dApps. By integrating crypto-currency exchange APIs, nOS Client automatically converts primary blockchain platform currencies (e.g. NEO/GAS for NEO, ETH for Ethereum) into the required amount of application tokens that are needed to make specific transactions or invocations.

Stakenet XSN

Stakenet launched in March of 2018 by building off of a POSWallet (POSW) to Stakenet (XSN) coin swap. The Stakenet blockchain was created from the swap and is a modified blockchain based on Bitcoin. POSWallet was the original incarnation of Stakenet and offered a staking wallet that served over 100 of the most popular and common cryptocurrencies. The complete number of POSW coins in distribution grew to 250 million, so the developers burned coins from their wallet to lower the circulation to 70 million. Unfortunately, the website for the POSWallet was hacked, resulting in the team leaving the project. Instead of completely abandoning it, the developers rebuilt the blockchain from the ground up with better features and have now migrated POSW to the superior XSN. The digital coin that powers the Stakenet platform is XSN. It features completely secure Trustless Proof of Stake and is compatible with the Lightning Network, which allows for instant transactions with little to no fees associated with them. XSN will be used to pay for any services on the platform. It can interact with other coins, which will make for many amazing opportunities for investors utilizing the program. For example, by using the platform’s Cross Chain Proof of Stake, holders can stake XSN and earn Bitcoin rewards. Users will also be able to pay anyone using any cryptocurrency just by having XSN. The coin will offer incredible flexibility in the way that it interacts with other cryptocurrencies.

SOURCE: COINGECKO

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