/biz/ - Business & Finance

Emin Gün Sirer:
>Cornell CS Prof has been in crypto since BEFORE BTC
>is the Number 2 in Cornells IC3 (Ari Juels is number 1)
>h-index of 46 (Juels h index is 83), nobody in crypto comes close to these 2 gigabrains (Vitalik has h index of 27 FYI)
>EGS recognized the importance of Chainlink from early on and is in close contact with the Flannel Man
>Vitalik endorses EGS and is already looking at "Athereum", a Subnet on Avalanche to solve what he cant do with ETH 2.0 https://athereum.avax.network/

Avalanche protocol:
>The third consensus protocol after Nakamotos Proof of Work and Classical Protocols
>This is not repackaged shit with minimal tinkering here and there, its a completely new family of Consensus Protocol
>4500+ REAL TPS (no bullshit account tricks, batching, or L2), sub 3 seconds finality
>already more decentralized than everything else in crypto running a Node is really easy and hardware requirements are low, anyone can do it
>basically consensus is reached by probabilistic sampling thousands of independent nodes over multiple rounds
>Resist 51% attack (need 80% network control to take over)

Full EVM support:
>Low friction of adoption for projects developing on ETH
>All Ethereum smart contract and infrastructure can work on AVAX out of the box which means all the slow DeFi running on ETH right now will switch to AVAX to speed it all up
>AVAX nodes will Validate ATH (Athereum) which makes running a node very profitable

Subnetworks:
>This is Avalanches bread and butter. Independent networks can be launched on Avalanche, with near infinite customization. Athereum is a good example of this.
>Big picture: Within one year, the best parts of the entire cryptocurrency ecosystem can be mirrored on Avalanche. Giving it all the TPS, scalability, and speed, and also interoperability with the entire ecosystem.

right now it trades at $3.29

>>21012811
Not enough has been printed yet.

An AVAX staking bag is 2000. Expected earnings are between 7%- 11%. Stake coins while they are locked, sell at 10X on exchanges and you have returned your entire initial investment.