/biz/ - Business & Finance

>>57251944
Wanna know the true Value of 1 ETH? its $10.
thats the Price before the EEA announcement in early 2017 and this is what actually attracted all that Liquidity into Ethereum.
Basically the financial industry coming out and saying they will support and develop for the EVM, that was the reason for the high ETH value and the massive pumps.
Now what happened next is that Ethereum developers couldnt deliver the scale that was promised and after some years the Ethereum Enterprise Alliance began looking for better Solutions and they found that in Avalanche and its Subnets.
Now the EEA is shifting to Avalanche instead and they are building all the RWA products that everyone imagined for Ethereum on Avalanche. All the RWA trillions go into Avalanche!
JPM (leader of the EEA) said Ethereum is dissapointing and now they hype AVAX.
There is literally nothing they need Ethereum for, the support for the EVM is drying up too as it became clear that its possible to build high performance VMs on Avalanche.
So yeah Ethereum is over but you still have the chance to swap your ETH into AVAX and make it.

you can literally not refute any of this without seething and shitting yourself in bagholder rage.

>>56938041

>>55096917
Avalanche is getting mainstream adoption, Ethereum will never get there because it cant scale.

>>53882215
>Eth killers
Ethereum killed itself.
>Vitalik didnt manage to scale it
>endless delays in development and no results
>The merge kicking out all the miner bros turning it into a highly centralized system
>is now getting vampire attacked by L2s

The only true Alternative is Avalanche.
>permissionless
>can scale
>already works today
>team always delivers

>>53722898
Lets compare ETH staking to Avalanche staking:

>ETH staking withdrawals will not be available right away
Avalanche withdrawals are available since Mainnet launch YEARS ago
>The current plan is to deploy the withdrawal functionality in a software update 6 mo - 1 year after the Merge.
essential stuff like this was never missing on Avalanche, this means you have to stake ETH for up to a year, maybe even longer while on Avalanche you can Stake for 2 weeks minimum or 1 year maximum or anything in between.
>The current projected income rate (for ETH) is around ~4% APY
Running an Avalanche Node has a proven 9% - 12% APY (paid in AVAX) since Mainnet Launch 2 years ago.
If you run a Node you get Staking rewards, % of your delegators rewards and Tokens from validating several Subnets. (The Golden Subnet Bullrun has not started yet).
>Also the withdrawal system will be implemented as a queue to limit the amount of ETH that can be withdrawn per day,
there is no queue on Avalanche, its instant, sub second, its finalized faster than you can press F5. thats all transactions or smart contract interactions on Avalanche, even when you go crosschain between X Chain and P chain and C chain and other Subnets its instant. Sub Second finality.
>Transactions take 14+ Minutes until they are finalized
I repeat: on Avalanche transactions are almost instant.
>Ethereum has Slashing which means you can lose your stake due to a Hardware or Software bug
No such thing as Slashing on Avalanche.

>>53110970
No, Ethereum is centralized now. Better buy AVAX.
Lets compare ETH staking to Avalanche staking:

>ETH staking withdrawals will not be available right away
Avalanche withdrawals are available since Mainnet launch YEARS ago
>The current plan is to deploy the withdrawal functionality in a software update 6 mo - 1 year after the Merge.
essential stuff like this was never missing on Avalanche, this means you have to stake ETH for up to a year, maybe even longer while on Avalanche you can Stake for 2 weeks minimum or 1 year maximum or anything in between.
>The current projected income rate (for ETH) is around ~4% APY
Running an Avalanche Node has a proven 9% - 12% APY (paid in AVAX) since Mainnet Launch 2 years ago.
If you run a Node you get Staking rewards, % of your delegators rewards and Tokens from validating several Subnets. (The Golden Subnet Bullrun has not started yet).
>Also the withdrawal system will be implemented as a queue to limit the amount of ETH that can be withdrawn per day,
there is no queue on Avalanche, its instant, sub second, its finalized faster than you can press F5. thats all transactions or smart contract interactions on Avalanche, even when you go crosschain between X Chain and P chain and C chain and other Subnets its instant. Sub Second finality.
>Transactions take 14+ Minutes until they are finalized
I repeat: on Avalanche transactions are almost instant.
>Ethereum has Slashing which means you can lose your stake due to a Hardware or Software bug
No such thing as Slashing on Avalanche.

>>53055170
>>53055190
exactly, so why bother making Ethereum a Subnet?
Ethereum today is extremely centralized and I doubt the people that own it now would like to give up control over it.
They dont want Ethereum to be actually decentralized.

Lets look at some Numbers:
>64% of staked ETH is controlled by 5 entities, yep thats centralization
>with 65% liquid and 35% illiquid ETH
>just over 11% of the total circulating ETH is staked
>over 45% of ETH transaction were processed by two wallets, yep thats more centralization
>there are 426000 validators but the top seven entities control over two-thirds (thats 66%) of block verification, again more centralization
>4.35% APY
>slashing

>>53026861
>dead shitcoin
Avalanche is far from dead. John Wu recently onboarded several Multitrillion dollar usecases. Laggards dont know about this.
>>53026750
>proof-of-stake is a
Sybil Control mechanism. Its basically just Spam Protection.

Proof of Stake done right: Avalanche
Proof of Stake done wrong: Ethereum

>>49289202
good morning sir, i´m with you

>>30289221
Based avax pepe contributor. Sent you a rare pepe of my own.
Here's my x-chain address if you would be so kind X-avax1zelqqutf09cf8ductph0ddkphqnanxxc7kmp45

>>28036840
I have a node
if you want you can stake on it
>>28037242
Emin shitposts a lot on twitter and their Internet site has globohomo aesthetics.
on the technical side the only fud is that its "too new".
>>28037450
Fantom is a centralized shitcoin.
ngmi.
>>28037520
>What the fuck is a node
a computer which runs the avalanche software
>How do I stake
if you dont want to dick around with Ubuntu you can just stake to a node, you pay 2% of your reward to the Node operator tho.
but its like no hassle and there is zero risk for your stake.
>I dont understand half of your gibberish and yet Im printing money since November.
people said the same thing to me when I told them early about Chainlink

>>27169896
It's already here, fren. It's called Avalanche

>>27117866
Sent.
>>27119228
Agreed, this thread is too fucking comfy.
What's the likelihood that the node requirement is lowered to 500AVAX? I don't think I'm making it to 2000 before this moons.
>t. poorfag student

>>26962910
>no AVAX
ngmi

>>26094126
What do you think the market cap of the one who wins the next generation in terms of Layer1. Avax will have that market cap.

>>26094250
It's not too late, it's only the beginning. 4chan has just recently started hyping on avax, most people have no clue whats coming and they'll be struggling for air when they are hit with the impending avalanche.

>>25994054
avax will dethrone eth

>>25632656