/biz/ - Business & Finance

>>56215764
>avax has state-bloat
everything has state-bloat. no, trust-based centralized servers run by dfinity is not a solution. Avalanche is working on actual solutions, one just released a few days ago: >https://github.com/Determinant/firewood

>no post-quantum encryption resistance
a quantum computer with enough bits to crack low level cryptography is 10+ years away. crypto used by wallets on BTC/ETH/AVAX is 20+ years away. these are the most optimistic estimates I've found. also quantum-proof encryption is everywhere and open source, implementation is as simple as a migration which could happen more-or-less seamlessly as ipv4 to ipv6. every coin can do this, but the reason no one is doing this is because QC is basically a meme at this point. you don't need 13 cryptographers to sit around and chat about shit that will only be relevant 20 years from now, they are just draining funds. not to mention there are like 100+ QC-encryption solutions already out there, published by academics and are free to use. see:
>https://en.wikipedia.org/wiki/Post-quantum_cryptography

>Also VC's bought AVAX at $0.25
technically wrong, private sale was $0.50. the public sale was also $0.50, VCs were not given a special hyper-low price unlike ICP.
also could someone remind me how much VCs bought the majority of ICP for?