/biz/ - Business & Finance

>>18503879
why should I use this shit instead of just good ol staking

coinbase will offer staking

>>18503954
this

>>18503879
kys faggot you're taking credit for my Kleros thread from July. OP is full of shit, don't believe him and his shitcoin scam. Kleros is good though.

>>18503923
>>18503954
>>18503961
2 reasons:

1. It's centralized, they have your tokens so technically it's not yours.

2. Rocketpool offers you the possibility to be a validator (just like with binance or coinbase) and you earn ETH rewards (obviously) + RPL rewards. It's way more lucrative to have a node on Rocketpool rather than staking on a CEX.

Screencap this: Decentralized staking platforms will be the new hype. LinkPool and Rocketpool will both moon.

>>18504313
Ok incel

>>18503879
Also idk who this based anon is (>>/biz/thread/S18480426)) but he seems to be the only one alongside me shilling it. Use warosu to see how much posts there are on RPL, it's almost none. You can obviously buy your bluechip shitcoins or the massive jeet bags (Kleros post pump, RLC whatever) or you can actually put it in some work to connect the dots. /biz/ has been a shitty place the last 2 years for breadcrumbs, let's bring that back again.

>>18504612
That's me OP. Pretty sure it's only me and you shilling this on here. I checked warosu before I ever posted and like you said, it's virtually nothing.

>>18505721
based as fuck, how did you find it?

>>18505759
I was shilled it by someone who has a record of buying small mcaps early and a good healthy autism for wallet watching. Maybe it was you?

I'm not buying your shitcoin off some random never heard of shady shitexchange. Fuck off.

>>18506127
>uniswap
Just how new are you?

>>18506181
A few hours

>>18503879
If I have less than 16ETH, is it worth it to get RPL for the gains?

>>18506218
Here's my post from the other day that should answer your question

>>18505796
Might be

>>18506268
>Buy after its up 12%
stupid. post when its down.

Actually all those linked threads were all created by me. I don’t know why OP is lying
I also don’t know why the fuck would you use rocketpool if you can just run your own node.

>>18506461
based

>>18506461
so RPL is a scam?

>>18506371
>>18506491
nobody told you to buy right now, it's actually no braindead anons buying in as the volume is terrible.

>>18506461
So 2 different ID's on this post claims to have made the post, seems like your bags aren't filled yet uhhh?

Also I already explained it above but ill repeat it so the lurkers can see it: you earn way more with Rocketpool (ETH rewards + RPL fees) than running your own node for yourself. That's why it's a decentralized staking platform, brainlet.

>>18503879
kek acap

>>18506218
>>18506592
you seem like a newfag on /biz/, ill throw you a bone: never trust a bizfag here, when you see an OP like me throwing breadcrumbs, always confirm the shills by researching if the facts are real. Check warosu archives, etherscan wallets etc. Connect the dots.

>>18506127
Ofcourse you won't, you will buy my bags once it hits a major exchange just like 99% of the rest.

>>18506758
which wallets do i scan though?

>>18506980
I'm not gonna spoonfeed you, just check the transfers

>>18506999
thx im gonna figure it out

>>18506999
trips of truth

For once biz is shilling something still in accumulation. Went ahead and picked up a suicide bag because these low market cap /biz/ shitcoins always pump, and this one actually has a niche to fill.

>>18507114
LARPer, you didn't buy jack shit

>>18506631
No i created all of these threads. Prey I don’t take over the ownership of this thread too, you wretched cur.
If you validate and stake with Rocketpool instead of running your own node, your node will be buttfucked by everyone else’s ETH slammed into it which costs obviously more electricity and processing power, storage, network bandwidth (a lot, in fact. With POS systems there is a lot of traffic) which is why you get the RPL fees. These are the fees that others pay you for raping your node with their ETH staking

I don’t know how you guys feel, but I like to make my own money not wagecuck for others by running their node for them and penis raping my node. If I’m being serious, there is actual infrastructure degradation that will take place if you validate for rocket pool when compared to validating for just yourself. Plus if you fuck up, you lose all your fees that you collected.

It’s just grouping and centralizing together something that was inherently meant to be decentralized. Fucking retarded

>>18507131
No larp. I didn't buy it today, retard, I bought it when acap started shilling.

I bought this two years ago.

Dumbfucks.

>>18507149
Just use a VPS, voila, bandwith problem solved. Rocketpool clearly thought about this problem too and this token mechanism is literally created to make sure it attracts people to host a node on their platform. You seriously believe that the net cost of running a node on Rocketpool will be lower than running a node on your own kek? Ill 100% rather join a platform like LinkPool or RocketPool for my staking rather than centralized chink exchange or coinbase who wants my papers.

Decentralized staking platforms will be the next thing, you have to be stupid as fuck to not see that one coming.

>>18507277
Imagine the opportunity cost of holding it that long. Now imagine still thinking you're smarter than everyone else. Anon, I...

>>18506631
the white paper doesnt say anything about RPL fees. why would you lie about this

>>18507334
ok jeet

>>18507334

>>18507330
>Imagine the opportunity cost of holding it that long

Eth 2.0 phase 0 is set to be very soon, one of the teams working on ETH 2.0 unironically started testnet today. But yes, much opportunity costs sirs, invest in 0xbtc sirs!

>>18507401
yes they recieve fees in eth, you implied fees in RPL, the token. As I see it now there's no value in holding RPL.

>>18507484
You have to RPL to run a node

>>18507484

>>18507561
pay*

>>18506999
Nice to see a kind anon on here every now and then. You'll go far mate, I'd rather an anon like you becomes godlike rich but is still based and kind to newfag

>>18507561
>>18507573
I understand that but there are 17,9 million rpl tokens to be used 1:1 for each node putting up 16 eth and also 16 rpl . This means there is room (with the network capacity of around 50%) for over a million nodes. I don't have to tell you there will never be 1 million nodes staking for eth, meaning theres too much rpl tokens for it to increase significantly in value. it will never be 1:1 with eth at least.

>>18507769
isn't it 16 rpl worth of eth ?

>>18507769
As far as I know they still don't have a fixed rate yet, they adjust it everytime (they are still in the testing phase). I don't see that as an issue, they will probably put a variable based on network usage.

Basee thread. Bought a suicide bag.

>>18507769
>to be used 1:1 for each node putting up 16 eth and also 16 rpl
Your fud is fucking terrible.

>>18503879
https://www.youtube.com/watch?v=yTfpvcU9Vos&feature=emb_title

I suggest watching this vid, he kind of explains it in a clear way

>>18507806
the white paper says for every eth on the node there should be 1 rpl token. but this also varies dpeending on network capacity. With more capacity needed, less rpl per node is required t be present. If there are too many nodes running, more are required. The balance theyre going for is 1:1 but as I said before tthere are way too many tokens to ever justify 1:1 value which is what OP and his buddy are implying.

>>18507304
are you fucking serious? A VPS for running an ethereum node?

This is who you’re taking advice from, fellow anons. This idiot thinks that running a $5 VPS with a 10gb limit on storage would be enough for a node. Reality check, kid: for each node you need to synchronize the whole ETH chain which is several hundred GB, and you can forget about using regular storage for that. It better be SSD.

No, you idiot, learn to read. It is more cost to run a node in Rocketpool because you run for other people.
Are you just a 16 year old brainlet? Do you just not know how staking and nodes work technically?
God, /biz/ is so far gone

>>18507904
From the white paper:

This determines the current RPL:ETH ratio where:
 x axis represents the current utilisation of the network (0-100%)
 y axis represents the amount of RPL required to stake 1 ether
 Ratio sweet spot is approximately 1:1 between 40%-70%.
 If the network is underutilised, RPL required increases (sharply under
15%). This prevents several attack scenarios.
 If the network is near capacity, RPL required reduces significantly to
prompt new node operators to come online and increase capacity

>>18507922
You made a legit point, not gonna refute that. Here is your answer though.

>>18507945
Take your meds schizo, it was meant as an ironic answer (Idena VPS uhhhh).

>>18508073
>I was just pretending to be retarded!
ok bro

>>18508019
thank you dutchbro

>>18508109
ok incel

>>18508112
Kijk, zo willen we het zien

>>18506371
Im not condoning this scamcoin but the bull market just started. try to keep up.

just bought a mini-suicide stack OP
thanks for shilling good coins

>>18508326

it's still very early on this one too. $800 gets you a top 300 wallet. $6200 put you in the top 100 of all holders.

>>18507945
This is a legitimate question. Is there an answer to This?

>>18508674
He is a brainlet trying to act smart so I didnt want to respond to him in a serious way but I will for you:

There might also be a very slightly higher processing cost for running an RP node as it has to communicate with RP network contracts and stuff periodically (obviously, as it's decentralized). That will be very marginal compared to the costs of running the beacon node etc in the first place.

His whole story about bandwith is a fucking joke, you will have the same as running your own node. The only difference is that a smartcontract is involved in the game and you get paid more rewards as people join your node.

Whats the best place to buy in at? Currently on coinbase but this isn't available, is fork delta a good option?

>>18508932
kek, use uniswap

>>18508946
It does have some promising growth, but how did you arrive at the estimation of 10x? And i assume you mean that will happen around casper update in june. Going from .56 cents to 5.56 in about 3 months seems a little too optimistic.

>>18508946
Yeah no

>>18509345
You can always wait till it's $5.00 on binance

>>18503879

greetings CryptoMonopoly

>>18508865
What a fucking idiot. Read some literature on running ETH nodes you fucking brainlet. Each validator, I.e. a stack of 32, need to have their own chain saved and synchronized. The bandwidth costs are some of the highest costs for running a PoS validator, but let alone fucking that, you’re actually ignoring the fact that the whole reason you get RPL tokens is because you’re performing validation on behalf of other people’s ETH. There is literally a linear fucking increase in your costs to run the infrastructure for each additional stack of 32 ETH. With rocketpool it is even higher because you need to account for all that rocketpool network bullshit in addition to the ethereum network itself.
> the only difference is that on top of running a validator node for the ethereum network I need to suck dicks on the smart contract network of another fucking pool of computing nodes for no fucking reason whatsoever

All you’re doing with rocketpool staking is having you’re node available for other people’s ETH. The RPL token is just a payment for that, which by the way gives a cut to the developers and has some features where if you fuck up you lose all of your fees on this shitty, unneeded token

This 16 year old literally has no idea how blockchain networks work.

>>18503879
*yawn*

What wallet are you using to store this? I'm a metamask n00b.

I bought into PNK, but havent check /biz/ since. Turns out my PNK has doubled in value so may as well move half out into a new promising coin.
Shill me OP

>>18509939
RPL, UBT

>>18509939
& nano ledger is the best wallet