/biz/ - Business & Finance

>>25900485
Cool thanks for the elaboration, reading the whitepaper right now. SOme more questions:

- Does it have smart contracts already?
- How does Avalance relate to Snow - if the Etherium-stuff starts using Snow will AVAX-Holdlers profit? Related - what is the use of the token, besides staking to get more of it?
- What is the timeline?
- How many peer-reviewed papers do they have?
- What language is it coded in and is it formally verifyably correct?

Also, to correct some errors in your post:
- Shelley is already released
- With Hydra like you said we will have 1000TPS per head, which is considering 1000 heads one million transactions per second. More than enough I would say, at some point it becomes a vanity metric.
- Cardano is anything but in the same ballpark as Etherium. It is both faster, cheaper, and more secure. And has better incentives for decentralization.
- I would say you can execute flash loans hacks irrespective of blockchain speed. It's automatic, no? If you run the slot node you can put in your orders in any order you like.

Thanks again for being a bro.