/biz/ - Business & Finance

>>19753788
Please sirs remove this post

This thing exponentially gets slower the more nodes that host it. Worse than pajeet tier code.

>>19753788
le washtrading has arrived

>>19753788
The seething jeet made a whole post himself this time. I haven’t seen you in a few threads these last couple days. We’re you back on your meds?

>>19753904
>can't argue with my cold hard evidence
>"hurr durr seething"

>>19753788
I'm not going to let you slide this thread, Fantjeets. This board is going to learn the truth about your scam.

>>19753806
Actually that’s completely wrong. The way fantom works is through concurrent common knowledge guaranteed in an asynchronous environment based off a fixed number of k nodes each node syncs to, and so it develops a global view from a local one with a high probability of being correct, scaling linearly in number of nodes added

it is on testnet, retard OP

>>19754465
What a convenient excuse.

>>19754502
KEK

Keep up your work, please. I'm a fan.

When does your contract end?

See the transactions here :

https://explorer.testnet.fantom.network/

>>19754739
>3 validators
No wonder its fast, the testnet is basically a centralized server. Nice job btfoing yourself, scammer.

Nice it only took you months to find an argument to this one.

Don't care though not selling.

>>19755039
>Don't care though not selling.
Falling victim to the sunk cost fallacy?

>>19755055
Yeah

>>19753788
Why is he so scared of Fantom? What does he know? Is this truly going to overtake Ethereum this year?

>>19754462
If you know anything about CS, you would know that O(n) is not as good as O(log n). Get bent

>>19755111
Is any crypto capable of o(log n)

>>19753788
Thanks, bought another 100k

>>19755111
> I learned something new in school
> Not sure if it applies but let me display my knowledge anyway
Anon, we're not talking about time complexity here. If the scaling of a network was logarithmic it would mean it actually gets slower as more nodes get added vs. faster with linear scaling. This is high school mathematics, linear = double the amount of nodes -> double the speed vs. logarithmic = double the amount of nodes -> reduce speed by 70% (log(2) = ~0.3)

>>19753788
Thanks for your non information. Not selling, keeping staking.

>>19754773
the whole point of fantom is that it's multiple networks secured by the same token. you don't even understand the project or how any of it works.

>>19753788
This dickhead made a thread just to seethe. lmfao. We have btfo'd all the fud time and time again.

>>19753788
okay sirs i bought 25k. Did I good?

>>19753788
fr can't figure out how to buy this directly. is it not available to Americans? Been on multiple exchanges (most recently Binance and Kucoin) and can't see how to get it. Born a retard and I'll die one

>>19753788
>>19754502
They are on a testnet because of an API issue, you fucking schizoid.

>>19755503
I use the swapping service stealthex.io to buy my fanties. Pretty reliable, plus no KYC or signup.

>>19755672
Nooo that's too convenient nooo

>>19755708
The more I think about it, I think this guy is the best thing to happen to Fantom, he comes into every thread fudding with information that easily disproven, which in turn attracts buyers because it proves time and again how good of a project Fantom is.

>>19755362
Fantom’s algorithm traverses each node very inefficiently because each node is visited to verify transactions. With more nodes, the slower the transactions are. This is the true reason they have supercharge on testnet and why they made the cost of a validator so high. Don’t be fooled

>>19755899
>The more I think about it, I think this guy is the best thing to happen to Fantom, he comes into every thread fudding with information that easily disproven, which in turn attracts buyers because it proves time and again how good of a project Fantom is.

>>19755503
Use a proxy and go through Binance.com.

>>19756047
Show me on this doll where the Fanties hurt you OP.

Denny daggins is never going to get me to buy his bags

>>19755111
CS degree from caltech, thanks for asking though. The point of linear scaling here is that the complexity of the network doesn’t grow quadratically when new nodes are added: time complexity for transaction processing remains constant actually, because new nodes don’t need to connect with old nodes: just a fixed number of k nodes. So shut the fuck up

>>19756004
No it doesn’t you fucking retard, in fact it’s the exact opposite.

>>19756648
>time complexity remains constant
>the network speeds up with more nodes
Which one is it retard?

>>19753904
cope harder you fucking scammer
this gook scam will soon die

>>19756730
The previous anon messed up, the network speeds up in a way with more nodes, but that’s not what’s being referred to here. Whereas most blockchains need all nodes to coordinate simultaneously to reach consensus, which results in a quadratic increase in difficulty (number of edges), the fantom network scales linearly in complexity per node because each only needs a fixed number of k nodes to connect to

As for the network speeding up with more nodes, that’s actually true: with fantom, because new event blocks with a max number of transactions per block are proposed independently by nodes entering the network, the network actually *gains* throughput capacity as more and more nodes join: I conjecture there’s probably a sweet spot of number of nodes in the network but it’s far higher than currently exists

I have the white paper in front of me right now and I’m reading through it a few times to get all the proofs of correctness right before I move on to the codebase

>>19756937
>I have the white paper in front of me right now and I’m reading through it a few times to get all the proofs of correctness right before I move on to the codebase
nice LARP

>>19755682
If I trade ETH for FTM on stealthex.io, which address do I use to send it to? The Opera mainnet, Binance, or ERC20?

>>19757291
Schizo is getting btfo

>>19756937
What kind of tryhard prints out a whitepaper

What's funny is the exact same fud was happening with Raiblocks/Nano, because people couldn't believe it was real.

Sounds like someone is really butthurt on missing that rocket in 2017.

>>19757574
We're going to ad hominem over stupid shit now? As someone not heavily invested on either side, I have to say that's a dead giveaway that it's just FUDding going on in the thread.

>>19753788
Sirs, sirs, please take away! Scammer andy very, very angry and say if u not take away we must sleep in shitting street whole night. Please sirs, do the needy!!!

>>19754462
Yes, yes, sir, ignore data sir, Just hustle, hustle fantom!!!

>>19756730
Are you really going to believe someone uses appeal to authority as their backing for their argument. I can make a cogent case that he is a retard or a scammer

>>19754773
>3 validators
>No wonder its fast, the testnet is basically a centralized server. Nice job btfoing yourself, scammer.
Don't listen to vitalik, sir, pic. So ok, only 18tps for fantom sir, BUT VERY FAST with no load and three centrazied nodes, OK?? Scammer andy tells us he doesnt understand first thing in crypto and thats its ALL ABOUT MASSIVE GAINZ$$$ sir!!

>>19755672
So good sir, not show shit speed and tx on mainnet, but use fake centralized testnet to show fake speed, very good sir. Whole shitting street applaud ur cunny ploy sir. Hustle, hustle fantom sirs. Looks like whole shitting street and all fantom marketing dep scammers&hustlers r hear!! We go fantom sirs!!

>>19757614
Wtf would you seriously print out a whitepaper? Lmfao

>>19755899
Yes sirs, fantom price crashing 0,032 dollares to 0,0023 a few weeks ago is supr good, cuz super cheap 4 us 2 buy!! Thank u fantom fudders!!! u make ur day!!! :))))

>>19757666
>>19757685
>>19757782
>>19757862
>>19757922
I see a certain schizoid got himself a new IP, and is now samefagging this thread.

when is staking reward unlock?

>>19757975
June 24th

>>19756648
>>19756937
All fudders say ur idiot, sir, and never studied CS at caltech. Please show them sir:
The basis of the consensus algorithm is just DPoS.
1. a set of nodes is selected via DPoS
2. these nodes generate blocks as fast as they can
3. they settle on 'absolute time' using BFT (details appear very susceptible to node-level DOS but let's ignore that) and assume literally every DPoS node is honest). This is called 'atropos' and it also creates a dag of valid 'event blocks'.
4. then each node processes all !!!! event blocks from all nodes. When there's a conflict between contradictory transactions, a transaction that's earlier according to the absolute time is chosen..
An extremely peculiar quote from the whitepaper:
>As each node processes all transactions that are broadcast to the FANTOM network, it should provide excellent transaction processing speed.
what this means: throughput is fundamentally limited to the parallel capacity of any individual node. This is fundamentally less scalable design than sharding, which makes the consensus parallel itself (each node only verifies a subset of blocks).

This would be relatively easy to implement for utxo-based transfers, but for smart contracts it becomes a pita. EOS tried to make parallel processing work, but they decided the overhead from detecting conflicts makes it too costly, as too often the state access is sequential anyway (a simple thing like a contract that increases an internal counter each time it's called can't be parallelized!). That's why they settled on 'inter blockchain communication' which is really an inferior version of sharding and an admission that Vitalik was right.
Sharding wins because it makes parallelism explicit: smart contracts have to design for it. So instead of one global counter, there would be many parallel counters on each shard and periodic accumulation of them all.

A detail of their 'lachesis' consensus is that it's _extremely_ wasteful in terms of bandwidth

>>19756648
>>19756937
>>19758020
>A detail of their 'lachesis' consensus is that it's _extremely_ wasteful in terms of bandwidth
as at worst O(n^2) bandwidth used for O(n) of processing. That's because nodes just spam every block they generate, but at worst only one block from all generated at any second is going to be valid. So each node generates n blocks, there are n nodes, giving n^2 blocks, but only n blocks turn out to be valid at the end.
This is a really absurd design decision. If they forgot about their absurd 'DAG' design and just moved block generation to one node at once, but with parallel processing (same throughput) all that waste would be avoided.
This signals that they have no idea what they are doing, so the real TPS - for real transactions, not specifically designed parallel tests - is almost certainly going to be in the low hundreds, making it a yet another forgettable DPoS network
**

PLEASE SIRS, DO THE NEEDY!!!

>>19758020
>>19758045
Holy fuck I’m laughing my ass off at this gibberish, have sex fuckwit

>>19757973
Ur desperate and wrong sirs.

Sirs all bhanchods in my village know fantom is scam

Scammer andy is raging ryte now and brakesh had 2 drop his pants 2 get punished for being so stupid not to hide that we only have fake tx on testnet to show stupid fantom "investors". Scammer andy so mad, so mad now. Please sirs, take down post!!!

>>19758088
>Holy fuck I’m laughing my ass off at this gibberish, have sex fuckw
Sir, use fake https://speedtx.fantom.rocks/ and their speed and then try to find the tx on https://explorer.fantom.network/

u will get nothing. Wat 2 do sir?? Scammer andy said if I ask more questions he would assrape again as what happened to brakesh....Help sir, do the needy. Scammer andy said it all over now.....no more money for largest shitting street in Bombay and all the 28 hired scammers in fantom's "marketing department"...help us sir.,..

>>19757496
Binance

Scammer andy says its over lads. We can' come back after our fake sites were exposed and all that we have is lies and deceit...

>>19753788
oh god, the schizophrenic FTM hater is back. everyone ignore the neighborhood sociopath.

I AM MAKING SO FUCKING MUCH MONEY STEAKING THIS SHIT!!1!

This is paid fud, and I like it.

Those of you who fall for it will regret so much so soon.

>>19759692
>>19759706
>>19759722
pajeet shill team back to work LOL
>still a SCAM

>>19759692
Yes, yes sir IGNORE and DO NOT CHECK FAKE FANTOMS FAKE SITES WITH FAKE FAST TRANSACTIONS SIR!!! Do the needy!!!

>>19759929
Worth every rupee.

We are so close.

>>19759946
yes ,sirs, scammer andy says all over when paypigs are waiting for reward unlock for whole week while we dump everything why theirer trapped.

>>19757580
This exactly.
I was looking at Raiblocks back in 2017 when the MC was sub 20mil and didn't buy in because I couldn't believe it.
I'm not repeating the same mistake with Fantom.

>>19760468
yes sirs, nano lied about 7000 tps when truth was 75 tps, but nano made many paypigs pay to them and italian scammers. so good u always give money to us hustlers. Whole shitting street thanking u sir.

>>19753788
I'm Dev and the op is right. We cannot measure the real speed of Fantom on a testnet with only 3 validators.

The new Fantom team does not have the skills to succeed

plz sirs, remove all posts against fantom sirs. we only have a few days left b4 paypigs are trapped with all their fantoms on hold waiting for one week 4 no reason, he, he, he he, 2 unstake....plz sirs.

>>19758020
>>19758045
Notice how the fantjeets made no attempt to dispute these posts.

>>19757291
fucking.

REKT

schizo btfo yet again

If you are interested fantom I'd wait for the first unlock on the 24th. Get twice your order today

>>19758020
>>19758045
What happened to that Compsci fag? Why can't he address these arguments?

Scammer andy told all fantom friends that we must AVOID and SLIDE all threads exposing our fake transaction speed scam, also anything with our fake partnership, crashed tech, forked ethereum virtual machine, no devs, giant marketing department, etc etc. STAY AWAY fantom friends. Andy said he has an army ready to scam and spam the hell out of biz and drown all threads exposing us. We will win this, andy said were best scammer in crypt, do the needy!!

>>19761719
You can tell they're pissed we exposed their little testnet transaction speed scam lmao.

>>19761208

You're talking about synchronous BFT DPoS. That's not how fantom works. You shouldn't fud what you don't understand.

>>19761801
Yes Sir, scammer andy is raving and raging together with that little chink guy, I have never seen they do so much crack cocaine in such a small time. Lots of crying also. Screaming everything is over after exosed,

>>19753788
checked. this one smell like satsgang to me. goodbye.

>>19761878
>>19761801
>>19761719
Holy shit kill yourself denny, you've gone beyond deranged now. Fucking having conversations with yourself, you're pitiful.

>>19761861
Then explain what >>19758020 gets wrong if you understand it so well.
>>19761942
Dunno who the fuck Denny is but I'm not samefagging. Fantom caught my curiosity last week and I'm just sharing what I uncovered after looking into the project.

>>19761985
It's not BFT, it's aBFT consensus as >>19761861
mentioned (and fantom is the only permissionless network with this tech as far as I know)

>>19761985
You're just fudding to buy low.

Look at the a in aBFT, then read what you wrote.

>>19762046
>>19762070
All you can do is correct me on the terminology used because you don't actually know how "aBFT" consensus works and are thus unable to explain when prompted to do so.

>>19762085
No, you are just retarded and I don't want to get frustrated.

>>19762106
That's a pretty cheap cop-out.

>>19762085
You have no clue what you are talking about do you? "a" stands for asynchronous, a fundamentally different consensus mechanism to BFT.
This anon already explained it >>19754462

Nodes don't need to process all event blocks from all nodes, they only need to connect to a fixed number of k nodes to propagate info (kind of like the gossip mechanism of hashgraph) to develop a global view with a high probability of being correct

>>19762085
>Uses the wrong terms to falsely describe the project
>get's corrected, because if it were what you said it would be a completely different project
>OH YEAH? WELL YOU'RE ARGUING TERMINOLOGY IDIOT LOL SCAMMER
this is you.

>>19762085

OP is @removed from Quant.

>>19762224
>>19762355
Seething

>>19762433
Who’s actually seething? You started this thread to sling shit at the project and have sat in here for 8 hours. There’s got to be real anger motivating such dedication.

>>19762638
Sling shit? All I did in the OP was expose something shady that the Fantom team was doing and you guys are shitting all over me for it.

>>19753788
Is that you Vitalik?

>>19753788
Yes very biggist scammars. All rajeets pleese sell phantom coins. I sav you

We can't defend shitcoin and scam, especially the scam that (OP) discovered, so we must do what we always do sirs, SLANDER and MUDSLINGING and TRASH TALK!! We have the numbers fantom bro!! 38 paid scammers in marketing department and ALL major shitting streets in India, SPAM, TRAHS and SCAM fantom bros!!!

>>19764070
Schizo is back eh? What do you even have to gain? DAG is dead already. What are you scared of now?

We can't defend our fantom shitcoin and scam, especially the scam that (OP) discovered, so we must do what we always do sirs, SLANDER and MUDSLINGING and TRASH TALK!! We have the numbers fantom bros!! 38 paid scammers in marketing department and ALL major shitting streets in India, SPAM, TRAHS and SCAM fantom bros!!!

>be tech illiterate
>fud on tech
>people realize you know shit
>LeTs PrEtEnD iM pAjeEt AnD i HoLD fTm

This is getting ridiculous. Or maybe its reverse Fud, I dont know.

>>19761208
I’m here. You didn’t fucking make an argument, so there’s nothing to address. Your paragraphs literally aren’t fucking coherent

I own 25 mil fantom, and every time you fucking write this shit I add to my stack

Stay poor dumbfuck

>>19765509
>Stay poor dumbfuck
LOL cope harder faggot
your scamcoin is going to die

>>19765509
>I own 25 mil fantom, and every time you fucking write this shit I add to my stack
Please stop hurting yourself like that anon. You are loved by someone, please seek help for them if not for yourself.