/biz/ - Business & Finance

>>51007138
*shits down your throat* actually, Algorand uses Pure Proof of Stake which can have an unlimited number of participation nodes, using VRFs to randomly select 1000 of these participation nodes to approve AND certify each block. Relay Nodes just exist to make consensus communication more efficient. You have done less research on this than I have, and I can tell because you smell like you masturbate to ETH 2.0 infographics twenty times a day. You’re the biggest, gayest retard in this thread so far and you should feel ashamed of yourself.

>>50950178
>it’s below it’s ICO price
Then how is it a VC scam? Dutch auction buyers got something like a 90% buyback offer on 50 million ALGO in 2020 and most other ALGOs are distributed as rewards/grants or sold OTC by the Foundation. The DeFi space is, naturally, crawling with VCs since TEAL smart contract auditing is extremely niche, therefore extremely expensive. Some projects are definitely more egregious than others in this respect, but I’m not really in Algorand for boiler plate DeFi anyway. Algorand Inc. comprises some of the brightest minds in the field of cryptography and applied mathematics, and major entities are taking notice. The Bank of Italy has studied Algorand’s tech in a greater study pertaining to how DLTs can be directly integrated with the current European financial system, FIFA hand-picked Algorand to be their chief blockchain partner, and multiple nation-scale collaborations haven’t even been revealed yet. You’re here to get rich quick in the ETH DeFi Pyramid Scheme, I’m here to secure generational wealth by 2030.

>>50763062
Brother Algorand as an ecosystem is doing better than ever, and we’re not even in a bull market. Algorand has like five dexes, two money markets, dex aggregators, launchpads, and a bunch of dev shit that you’ve clearly been missing out on. Read through Algorand.foundation for like ten minutes and you’ll get the picture.

>>50548343
No.

>>50501589
I’m a gay ALGO holder but I can appreciate some booba from time to time. Anyone who thinks this shitcoin is going to be under $100 in 2025 isn’t bullish enough. The 3AC debacle proves that most of the selling is over and we have nothing to worry about from here. Macroeconomics is for nerds. Buy BANK, buy X, buy VEST.

>>50457696
Reminder that crypto markets are correlated so diversifying is retarded, have some conviction, all-in ALGO or bust.

>>50356478
You think he’s smoking crack? I’m smoking meth and the voices are telling me that 1 ALGO will be worth $1 million in 2030. They’ve not led me astray so far, and I don’t expect them to anytime soon. You don’t know what’s coming, boy.

This is just the beginning for dirty BTC. ALGO isn’t going to stop gaining on your shitcoin anytime soon, you might as well offload those sats now. You have no fucking clue what’s coming.

>>50275577
My double dubs beat your single dubs, kneel.

Staci Warden (CEO of the Algorand Foundation, Milken Institute/LPM alum) could kill you with her bare hands and you’d probably like it, chud!