/biz/ - Business & Finance

>>57459499
>unregistered security
the SEC will never attack Avalanche because Avalanche is the brainchild of the NSF and IC3, also Emin sits in the CFTC as technical advisor.
your cope changes nothing.

>>57062550
chinks already ran outta money. fees are low again.
https://snowtrace.io/gastracker
not even 90 cent for a swap rn

>>56889937
thats the plan

>blackrock.avax just sold for $20,000

>>56702329
AVAX

>>56501029
>MEV
Maximal extractable value refers to the maximum value that can be extracted from block production in excess of the standard block reward and gas fees by including, excluding, and changing the order of transactions in a block.
>subnets
A Subnet is a sovereign network which defines its own rules regarding its membership and token economics. It is composed of a dynamic subset of Avalanche validators working together to achieve consensus on the state of one or more blockchains. Each blockchain is validated by exactly one Subnet, while a Subnet can validate many blockchains.
>slashing
slashing means forfeiting your crypto holding of staked cryptos in case you break the staking rules of the concerned project.
>proof of stake
like Proof of Work it is a sybil control mechanism to prevent the network from being flooded with validators.
>validators
a validator is someone who is responsible for verifying transactions on a blockchain. Once transactions are verified, they are added to the ledger
>consensus protocols
The purpose of a consensus protocol is to achieve consensus between participants as to what a blockchain should contain at a given time (including new blocks).
>subsampling
in Avalanche when a node is determining whether a transaction should be accepted, it asks a small, random subset of validator nodes for their preference.
Each queried validator replies with the transaction that it prefers, or thinks should be accepted.
If a sufficient majority of the validators sampled reply with the same preferred transaction, this becomes the preferred choice of the validator that inquired.
In the future, this node will reply with the transaction preferred by the majority.
The node repeats this sampling process until the validators queried reply with the same answer for a sufficient number of consecutive rounds.
>sub second finality
A short time to finality means that users can trust the system to finalize their transactions quickly

tl;dr read a book nigga

>>56436434