/biz/ - Business & Finance

I like fruit rollups

>>19961375
when did he say that?

>>19961436
Yes

>>19961375
B-but tether transactions next week

>>19961530
/thread

I just smoked a rollup

>>19961530


OP your fud won’t work I’m afraid, you’ll have to try harder

>>19961436
Read the fucking timestamp in the picture and search his Twitter. Jesus.

>>19961375
Fuck I’ve been telling you omg faggots this for two years.

Lol, “plasma” doesn’t exist anymore and hasn’t for at least a year

OMG Network is not plasma as it was originally called, it’s a child chain scaling solution using proof of guarantee

Vitalik literally clarifies this later in the same thread

Where’s the fud? Plasma/OMG is good for high tps (10,000+) at very low cost, but can’t scale general contracts, only transactions. That’s ok because that’s exactly what it’s designed for and where the money is

Rollups scale contracts, but only to a relatively lower throughput (I think the limit at the moment is 2000 tps)

Rollups are also still experimental (as the guy who started that thread said) and the 2 “solutions” he’s talking about there are quite honestly terrible. Fees and KYC kill rollups for me

Read the full thread dumbass, he’s talking about contracts not transactions - plasma is nowhere near ready for contracts because nobody cares about scaling them at the moment, it’s all about the money

If OMG was far out from implementing then why the fuck would tether decide to use them and not ZK rollups? Because they aren’t far out and you can’t read a twitter thread OP

>>19961375
the all caps "GENERICE ETHEREUM CONTRACTS" is unironically a hint to the intellectually consistent among us

>>19961720
What have you been saying exactly? OMG scales transactions, not games which is what he’s talking about here. Who gives a fuck about games when cold hard cash will be running through OMG Network

>>19961886
This kek

>OP doesn’t understand ethereum or smart contract platforms in general
It’s all so tiresome, enjoy betting on which project has the best logo OP, maybe I’ll give you a job as my chef one day and you can cook my tendies for me

>>OMG is obsolete

So is ETH lmao

this incredibly weak fud attempt and the way it backfired makes me actually bullish on this shitcoin again. anyone with some solid fud instead?

>>19961971
Only meth freaks and faggots seem to be interested in this shit coin

>>19961971
Same instincts here

>>19962212
Male a better scaling solution for ethereum, or a better smart contract platform that will overtake ETH

I’ll wait

>>19961636
Absolute based Um Ether ID.

https://www.youtube.com/watch?v=MAzJjvBzppI

>>19962841
Has this video been shilled here already? Need to know if stuff like this has been hyped already

ethereum devs dumped plasma long ago
this space moves fast you can't cling onto outdated ideas

Is there any reason at all to hold OMG instead of just ETH?

>>19962947
Please see>>19961818


>>19962860
No it hasn’t, Toyota are literally going all in on this new finance thing and it flew under the radar, they’ve been saying this since December 2019

The migger was right.

>>19961886
>the intellectually consistent among us
You're on the wrong website fren.

>>19962998
well it's lower marketcap so has more upside potential

>>19962998
Yes, because OMG will take most of the transaction volume from ETH. ETH 2.0 will deal with contracts and transactions, but considering OMG will ALWAYS be faster, cheaper, have higher tps than the ETH main chain, and already has some of the biggest transactors in crypto on board. Think of OMG as transactions perfected for ETH.

>>19963031
Thx

>>19963063
its actually the opposite

>>19962296
i'll get to it as soon as i fnish taking apart my blender

easy