/biz/ - Business & Finance

$50 is quite the conservative estimate.

$1000 link eoy

What is a VPN? How do I use it? I was told to get a VPN to use Coinbase because I can't buy $AVAX being in NY and in the US (Can't use binance).

please help

How do I download or use a VPN? How can I use it for Binance? This shit is so complicated and extremely complex, I don't see why Binance can't just take the L and sell to me fucking bullshit. They should be catering to AMERICANS

Many shills advocating for $AVAX here. Educate yourselves.

I'll tell you all the problem with Avalanche consensus.

It's much better than IOTA, IOTA failed because they tried to be feeless so it opened them to spam DDOS attacks

But Avalanche consensus has a problem too. It assumes that every node samples the other nodes and assimilates the majority.

Initially (before DeFi infrastructure) nodes will be incentivized to follow this to not miss out on rewards.

But once DEXes come online there is an incentive to stick to your own ordering of transactions rather than assimilate to sampled consensus. See, this already happens on ETH DEXes but there it doesn't compromise consensus. ETH nodes, when they see a large buy offer, will put their own offers before it in the block before incorporating the large offer. This is called ordering manipulation. Every node does it since it's common sense to have an advantageous ordering in case you get the block. Fine.

In Avalanche however this incentivizes the nodes to not adopt the majority ordering, but to keep pushing their own in the chance that the network will think your is the majority and change to yours. If more than 33% of nodes adopt this behaviour, the Avalanche consensus no longer works. But if you are a minority doing it you can make a lot of money with ordering manipulation.

And there is no slashing to prevent this (well, slashing doesn't really work this is why ETH2 also had so many problems, since you need to reach consensus on when to slash, and how does THAT consensus work, eh?)

So you see, AVAX may appear to have ETH beaten, but I say wait until some DeFi starts getting built on it.

>>25974921
lol, this faggot in the video is like "errrua ujaaa"

Probably a sleeper cell agent who knows, i just dont want to invest in these types of ppl

America First