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/biz/ - Business & Finance


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26962949 No.26962949 [Reply] [Original]

now is the time to get behind a real coin with real use cases. this coin could easily be valued at $1000+ up in the top 5 CMC and it's sitting below trash like Zcash and Filecoin. the network is growing by the day and many companies are seeing the potential and getting in on the ground floor.

this could be you. don't miss out what others are seeing and already taking advantage of. use your doge/GME profits and pick up a coin that is all but guaranteed to pump hard when it's noticed.

>> No.26963524

Got 500 myself at $8, comfy holding.

>> No.26963876

>>26963524
good call anon. if only other people would jump on board. cap this and look back in a year, you'll see we were right.

>> No.26964650

Inshallah my AVAX niggers

>> No.26964675

2k. Staking the same hour Voyager opens transfers

>> No.26964907
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26964907

you are all based af. we will moon mission together soon. tune out the noise from the rest and focus on the future. AVAX is it.

>> No.26965207

Ok I’ll bite. How do I buy Avax?

>> No.26965250

>>26964907
When the financial system is running on AVAX we'll be the ones laughing.

>> No.26965287

Just buy fantom.

>> No.26965394

>>26965207
Binance for non US
Voyager for US

>> No.26965713

>>26965207
up 300% this month and been crabbing for the last few weeks. big things in store for this coin. anon below hooked you up

>>26965250
I am thoroughly redpilled and ready for this.

>> No.26966324
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26966324

Just figured out I probably can't run a node at home in the long run
I don't want to broadcast my IP so I'm using a VPN but Allnodes gang can't see my node and they're review bombing my uptime.

feelsbadman

>> No.26966639

Comfy long term 100x. Who cares about some shitcoin 5xing? Those same people will lose everything on another shitcoin which gets shilled

>> No.26966655
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26966655

I just bought XLM

>> No.26966846

>>26966655
Why would you buy a 30c globalist stablecoin given to niggers for free?

>> No.26967042
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26967042

>>26966655
sorry fren. this thread is for AVAX supporters only. you can be one too if you dump that shit and join us instead. the grass is greener over here, trust me

>> No.26967051
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26967051

I don’t have much hope bros. Reddits will only invest in le epic memes XD.

>> No.26967104

>>26966846
Bc I'm a newfag that's been reeled in by the hype of the day, looked shiny :(

>> No.26967462

>>26967104
Ok, try to sell the moment you have profit and move to something with better growth prospects. XLM hasn't got a lot of potential because of its tokenomics.

Go for something like AVAX, LTO, GRT, HBAR, INJ, AAVE and others that have actual uses besides being a currency. DYOR, don't just listen to anyone on this board.

>> No.26967648

Enjoy the incoming dump favags

>> No.26967678
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26967678

Reddit founder eyeing AVAX

>> No.26967686

>>26967462
Thank you fren :)

>> No.26967734

>>26967051
Real world applications beats shitty meme lol so random every time.

>> No.26967777
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26967777

>>26965287
The vast, vast majority of shitcoins pump once and then go to zero. It doesn’t make sense hodling them long term, after the pump. AVAX is unique from other shitcoins due to its OG founder creds. Maybe only polkadot can compete in that aspect.

>> No.26968640
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26968640

>>26967777
>Maybe only polkadot can compete in that aspect.
quads but I have to disagree with you, Polkadot is over-engineered to the extreme
looks new and shiny but it's too complicated to work as intended, not to mention the inferior consensus mechanism

>> No.26969128
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26969128

>>26967777
>quads of destiny
wagmi, AXAX chads. Fuck DOT though

>>26967462
You have an exquisite taste for shitcoins, fren. Please stop shilling though, I still need to acoomulate more before the r*ddit fags catch on.

>> No.26969247
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26969247

>>26968640
I meant purely in the sense that Gavin Wood has strong crypto OG credentials, which I think has played no small part in making it the 4th highest market cap despite being much newer than many of the leaders. Curious that the recent 3 awards from coin market cap didn’t move the price in any meaningful.

>> No.26969336

>>26969247
*didnt move the AVAX price in any meaningful way

>> No.26969842

ah got myself a 1000 suicide stack, let' s see

>> No.26970053
File: 1.27 MB, 731x5843, 1611591165695.jpg [View same] [iqdb] [saucenao] [google]
26970053

Emin Gün Sirer:
>Cornell CS Prof has been in crypto BEFORE BTC
>is the Number 2 in Cornells IC3 (Ari Juels is number 1)

Avalanche protocol:
>The third consensus protocol after Nakamotos Proof of Work and Classical Protocols
>This is not repackaged shit with minimal tinkering here and there, its a completely new family of Consensus Protocol
>4500+ REAL TPS (no bullshit account tricks, batching, or L2), sub 3 seconds finality
>already more decentralized than everything else in crypto running a Node is really easy and hardware requirements are low, anyone can do it
>basically consensus is reached by probabilistic sampling thousands of independent nodes over multiple rounds
>Resist 51% attack (need 80% network control to take over)

Full EVM support:
>Low friction of adoption for projects developing on ETH
>All Ethereum smart contract and infrastructure can work on AVAX out of the box which means all the slow DeFi running on ETH right now will switch to AVAX to speed it all up
>AVAX nodes will Validate ATH (Athereum) which makes running a node very profitable

Subnetworks:
>This is Avalanches bread and butter. Independent networks can be launched on Avalanche, with near infinite customization. Athereum is a good example of this.
>Big picture: Within one year, the best parts of the entire cryptocurrency ecosystem can be mirrored on Avalanche. Giving it all the TPS, scalability, and speed, and also interoperability with the entire ecosystem

Other bullish info:
> Ted Yin, one of the cofounders, made Hotstuff, the fastest classical protocol that facebook wanted to use for Libra which was canned, he then went back to Emin to make Avalanche
>Emin can farm Gigabrains for his company Ava Labs directly from IC3 which is 180+ researchers and 8 universities
>The Business development guy John Wu is a wallstreet bigshot who got funded by the Blackstone Group (look him up) and has serious connections

>> No.26970288
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26970288

This guy is the most influential in the crypto world of the past year, One Dex and one ETH Bridge incoming, what the hell you're thinking about, you're not buying AVAX?

>> No.26970549
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26970549

Meet THE AVAX NATIVE Uniswap killer:

Zero.Exchange

What is Zero.Exchange?
>Zero.Exchange Protocol realigns incentives for network participants by introducing revenue sharing and community driven network effects to the popular AMM model and is built on Avalanche blockchain. Zero.Exchange allows users to swap tokens without any gas fees!

What is $ZERO token?
>$ZERO is a governance token similar to $UNI, so at it's core it is a governance token. Once launched on mainnet you will be able to swap your ERC20 $ZERO for ARC20 $ZERO 1:1

What is Zero front running?
>$ZERO prevents front running because transactions are processed in the order that they are received, as their is no mining incentive to pay more gas and thus have a block producer pick one transaction (the front runner) over another (the trader).

How are there nearly Zero Gas fees?
>Transaction fees (also known as “gas") on AVAX ACR20 will be negligible (under a dollar based on the price of AVAX) regardless of transaction size. All transactions on ECR20 will be standard gas fees.

Is there Swap fee?
>Swap fees on Zero.Exchange are 0.3% fee which goes to the liquidity providers on the traded pair, this is the incentive.

How fast are transactions?
>Zero.Exchange features sub second block times with near instantaneous transaction confirmation 120% faster than Ethereum.

Is it built on Level 2?
>It’s a L1 blockchain with all the features of L2 but with the great security of L1.

It will go 10-100x in the coming weeks.

>> No.26970683
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26970683

Consider automation on a large scale, how would it work between different sectors, how do we reduce subjectivity and build an interconnected web of automated services that are predicable and stable?
Basically...

Bitcoin is a store of value and proof of concept, it is the digital gold that backs up this whole system, because everything is simply built off of it. Yes we could get rid of gold because it serves no use, but that's simply irrational. In other words, it is the hardware of the system.

Eth is the software, it has smart contracts and ERC-20 tokens that fill any niche required, but ultimately it allows for business to be conducted.

Avax helps with gas fees and essentially works WITH (not against), to help regulate the market's gas prices, thus leading to regular work on the blockchain, leading to safer on-chain business transactions and the ability for reliable things to occur.

Combine this with chainlink's solution for the oracle problem, essentially allowing for off the blockchain info to be validated quickly. Instead of everything happening, on chain, you now have a mix of real world data executing on-the-chain smart contracts, you can now link real world data human free onto the blockchain and have it validated without needing to rely on trust.

The graph allows for what is essentially notifications, it allows smart contracts to link up, or execute certain functions with either real time data from chainlink's oracle, or on-the-chain information.

With this, we essentially have the framework for an app-less internet, instead of building apps, the future developers would develop smart-contracts and chains upon this system, and you'd simply scan a barcode, no logging in, no trust, no passwords. You scan a barcode, execute the transaction, and watch as real world automation takes care of the rest.

This is the power of the blockchain.

1/2

>> No.26970738
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26970738

History shows the best tech always doesn’t always get adopted, unfortunately. I’ll keep accumulating but I’m not gonna be surprised if we never make it to the top 5. Maybe I’m getting blackpilled.

>> No.26970751
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26970751

>>26970683
You could simply say to Siri "I want to drive a ferrari today" and without ever signing up for anything, confirming your identity, logging in, downloading anything... etc etc, simply just approving the transaction, you could have a self-driving ferrari drive to your location, pick you up, let you drive it, and it drive off, with you clicking a button. Truly appless, trustless internet.

Combine that with the fact that this is decentralized from essentially all countries, you know have an infrastructure that rivals a country's ability. It could revolutionize business travel, why ever convert money when USDC is accepted everywhere and you can do it for a 0.02c fee? It would kill off crypto exchanges, and you'd do it all from your phone. It's utility is endless.

>> No.26970842

Solana scales
Avax fades

>> No.26971132
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26971132

Anon I know you're probably sick and tired of seeing yet another AVAX thread. But think about it for a second: why are you here? Are you looking for another 100X?
I'm telling you this is it, the best thing since Chainlink, the coin many anons have been searching for, brought to you by gigabrains of Cornell and IC3, the same institution that gave you LINK.
Why wouldn't you spend 10 minutes to do your own research on AVAX? Watch a YouTube video and see how Emin explain the consensus, you'll know this is the real deal.

>> No.26971300
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26971300

Based Emin

>Meanwhile, we have seen crypto projects that just rebranded old protocols from 1999 as if they had a new invention. We've seen centralized coordinators, equivalent to a concealed wire. Best of all, we are beginning to see systems that don't even tolerate Byzantine faults!

https://cointelegraph.com/news/many-blockchain-projects-have-smoke-and-mirror-strategies-avalanche-ceo

>I hate the Bitcoin maximalist approach. I’m a science-driven person. If there is a good thing out there, I’m the first one to call it out. But they’re right in labelling 95% of the things out there as scams. It’s just a money grab with somebody’s initial coin offering [...] They are pushing a coin with a system that doesn’t advance the world.

https://cointelegraph.com/news/btc-maximalists-are-right-that-95-of-crypto-is-a-scam-says-emin-gun-sirer

>> No.26971303
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26971303

You will never be a real Platform. You have no users, you have no developers, you have no decentralization. You are a homosexual shitcoin ran by Pedophile Gavin Wood and funded by dumb retards into a crude mockery of Blockchain perfection.
All the “validation” you get is centralized and half-assed. Behind your back people mock you. Your parents are disgusted and ashamed of you, your “friends” laugh at your Pederast Shitcoin behind closed doors.
Emin is utterly repulsed by you. Several years of evolution have allowed Linkies/AVAX Chads to sniff out frauds with incredible efficiency. Even Kusama who is a “testnet” looks uncanny and centralized to a Linker/AVAX Chad. Your centralized structure is a dead giveaway. And even if you manage to get a pajeet invest in you, he’ll turn tail and bolt the second he gets a whiff of your centralized, slow vaporware.
You will never be rich. You wrench out a fake smile every single morning and tell yourself it’s going to pump, but deep inside you feel the Avalanche creeping up like a weed, ready to crush you under the unbearable weight.
Eventually it’ll be too much to bear - you’ll buy a rope, tie a noose, put it around your neck, and plunge into the cold abyss. Your parents will find you, heartbroken but relieved that they no longer have to live with the unbearable shame and disappointment. They’ll sell your portfolio at a huge loss, and every AVAX Chad for the rest of eternity will know a retard was liquidated there. Your body will decay and go back to the dust, and all that will remain of your legacy is a skeleton that is unmistakably poor.
This is your fate. This is what you chose. There is no turning back.

>> No.26971391
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26971391

Sergey said he's the second smartest person he know, Vitalik respect him immensely and see AVAX as equal to BTC-ETH, Hoskinson is avalanche fan etc etc.

Avalanche team is arguably the second/third most respected team in crypto, Ted Yin/Emin/Ari Juel, Extremely strong research leaders.

>> No.26971483
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26971483

That's why I stopped visiting /biz/
This board is 90% shilling of ERC20 tokens. Some of them have interesting ideas (usually the ones which arent shilled too much), but I cant buy them when the fees are $50 dollars. I'm not going to buy 2000 dollars for a token which might be a rugpull.
For this reason, I've put money which was on ERC20 tokens into AVAX and DOT. I already have a ADA stash as well, so I'm using these three as a hedge against ETH.
ETH price did NOT have that upwards movement eth shills were talking about last month, and that would happened in January after bitcoin doubled its ATH. So its bound to fail long-term. I'm going to start dumping my ETH now in February, to level up with the other three coins I mentioned above.

>> No.26971734
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26971734

aslong as the consensus protocol is O(n^2) which is basically all the classical consensus protocols it's literally impossible to scale above 100 nodes in making a decision without sacrifising speed.

The reason why avax can scale in terms of node is because it's O(5)

>> No.26971823
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26971823

>yeah but dot does all this
Polkadot is centralized, the entire thing is only secured by 10! nodes.
also only a finality of 60 seconds.
AVAX has 777 Nodes and sub second finality.

huge difference.

>everyone knows academics can't program their way out of a paper bag
Emin is almost on par with Ari Juels, if you are dumb enough to bet against these guys you will miss out on huge gains and ngmi.

>> No.26971883

>>26970842
You didn't even rhyme it. You should have said "Solana scales, avax fails"

>> No.26971969
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26971969

>AVAX has the best memes
>their competition got no memes at all or "memes" that were made by shitskin NPCs where you can tell instantly its no good

really activates the almonds.

>> No.26972063
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26972063

What do you mean it is not there? I deployed R3FI's smart contract on Avalanche Fuji test network without any issues https://cchain.explorer.avax-test.network/address/0x1c645c48106633ae4e20F36382324AF022674864/transactions so it basically does everything R3FI does, but in the Avalanche environment (low transaction fees and quick transactions)

>> No.26972153
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26972153

Why would Cardano ever be picked over Avax as an alternative to Eth? You can't run blockchains on top of Cardano, only smart contracts. You can run blockchains on top of Avalanche, an infinite amount, each capable of a minimum of 4,500 TPS (On avalanche TPS is CPU bound, so when we say 4500 that is with the crapiest computer you can find in the past 10 years or so - i.e. raspberry pie). If you throw a 24 core CPU at it, it will be 15,000 TPS+++.

>> No.26972242
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26972242

unironically my AVAX node has helped me A LOT through coronavirus crisis, and it's only worth $12/13$.
i've made really decent money at those prices w/ ONLY one node, i'm looking forward to start running a 2nd node, combine 2 nodes + positive projections and you could easily make a whole new salary.

>> No.26972316
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26972316

AVAX will literally become a bluechip on the next couple years, its tech is top tier:
>brand new consensus; completely different from Nakamoto and classical
>4600+ TPS
>sub-seconds finality (faster than VISA), >supports millions of validators
>supports 100,000+ fully customizable subnets
has a reliable team:
>Emin Gun Sirer is a giga-brain who has been into cryptos EVEN BEFORE Bitcoin
>Ava Labs has its origins on Cornell, Ivy League member and home of Chainlink
>Avalanche has been endorsed by Sergey and Vitalik; Vitalik is even building over Avalanche Athereum, in order to solve ETH's scalability issue (scalability is one of the strongest points for AVAX)
is trusted by the market (token unlocks don't even move the prize), and the most important: has a reliable offer w/ a whole new market yet to be discovered: tokenization of ALL real life assets.

>> No.26972402

>>26971303
based

>> No.26972905
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26972905

- General of Avalanche: General Emin Gun Sirer
- General: 200,000+ AVAX
- Lieutenant General: 100,000-200,000 AVAX
- Major General: 50,000-100,000 AVAX
- Brigadier General: 25,000-50,000 AVAX
- Colonel: 10,000-25,000 AVAX
- Lieutenant Colonel: 7,500-10,000 AVAX
- Major: 5,000-7,500 AVAX
- Captain: 2,000-5,000 AVAX
- First Lieutenant: 1,000-2,000 AVAX
- Second Lieutenant: 500-1,000 AVAX
- Sergeant Major: 350-500 AVAX
- Master Sergeant: 250-350 AVAX
- Sergeant: 150-250 AVAX
- Corporal: 100-150 AVAX
- Specialist: 50-100 AVAX
- Private: 1-50 AVAX

>> No.26972967

>>26971483
I had this exact experience yesterday. Holy fuck, the eth/erc20 ecosystem is beyond awful. I say this as someone with 100+ eth who has never used it for anything before.

>> No.26973087
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26973087

technically AVAX has more projects and devs than everything because anyone that develops for Ethereum can do it on Avalanche as it supports the entire EVM.

>> No.26973157
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26973157

>DOT can kill eth
the only thing it can kill is itself.
its centralized with only 10 Validators and its slow.

>avax is just another generic
AVAX is on the same level as Nakamotos consensus. Even Vitalik himself confirmed that Avalanche is the real deal.

>you cannot kill eth because it won
the EVM runs on Avalanche and everything right now on Ethereum can run on Avalanche, just paste it over.

>> No.26973164

>>26970738
It's only 4 months old. Chill.

>> No.26973174

>>26962949
Look at all those stupid words. People like the cute doggy. It will be a top 3 crypto by next week.

>> No.26973224

>>26972905
Avax captain reporting for duty

>> No.26973469
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26973469

>>26973164
I guess. Even link took ~3.5 years to from 1b to 9b.

>> No.26973495

Bros, thinking about putting in $1k. Should I hold till end of the year? What gains will be made?

>> No.26973679
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26973679

I want to give you a little insight of Rubic because I already did my research on it because I've seen it here on /biz/ pretty often.

1) Whitepaper: Very disappointing. I'm living in Germany and if you would hand over a Whitepaper like this you would be laughed at. Seriously. I cringed reading it. (0/5)

2) Team: well, all members of the team are very young and unknown russians. Most of the other projects have at least some team-members in it that are well known in the cryptosphere. This is also a weak point here. But at least they are not completely anonymous. (2/5)

3) Usecase: we are still early in the market but I don't really see that chaining Binance Chain with ETH (ERC-20) would be of any benefit when we alredy have very successful DeFI projects that are a lot more advanced. For example the combination of ADA, LINK and AVAX. These projects are far more advanced and offering real world usecase-scenarios. (2/5)

4) Community: you can say what you want but the only community that is behind Rubic is 4chan/biz/. I don't want to front people here, but 4chan is the shithole of the internet. Most people here are non-tech-savy people looking for a quick profit to have a better living. If you only have people from biz behind you nobody takes you serious in the business. realtalk. (2/5)

5) GibHub: well it doesn't look better here. They don't have any code there. It's just a copypasta of the publicly available ERC-20 protocol. (0/5)

6) Market: low market cap but extremely pumped right now. At this time an investment is just plain stupid. (1/5)


In conclusion we have a lot of red-flags here. Of course if you want to risk the investment you can do it. But I would definately stay away.

>> No.26973741

>>26973495
If we knock out dot, 15x
if we knock out eth, 150x

>> No.26973768
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26973768

frens I am proud of the direction this thread has gone. goes to show the kind of anons that invest in avax have their heads on straight and know a good one when they see it. our time will come, not a matter of if but only how long until it does

>> No.26974023

Oh , another pajeet scam thread

>> No.26974028
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26974028

my node finishes staking in 2 days.
was comfy 2 months staking and will get 99 AVAX as reward.
comfy would do again.

>> No.26974094
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26974094

I warned you so many times that this would happen. AVAX sends and receives in SECONDS. They have VISA LEVEL THROUGHPUT. Park your money here, faggots, if need be you can transfer at warp speeds.

>> No.26974152

kek, if u don’t get how to get cash with crypto volume on crypto just clear your address and fuck off from this /biz/ thread

Cmon, I am too good to believe in this trash, that’s why I will go for my base on uniswap exchange and use Cascade for top cashflow with passive rewards

>> No.26974160
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26974160

Bros, pls stop shilling, I still need to acoomulate a suicide stack

>> No.26974271
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26974271

It feels kind of surreal that avax is still ranked #50
After years of churning premined centralized shitcoins, there finally emerges a protocol which solves the blockchain trilemma. And it's as if nobody is seeing it. AVAX should be in the top 3 already, it's plain to see, the opportunity is almost too easy.
I mean I'm not complaining, I'm happy to have snatched up a good stack. But it has always baffled me how irrational the market can be. Most crypto investors apparently have no clue what they're dealing with.

>> No.26974349
File: 32 KB, 512x512, 1611281515604.jpg [View same] [iqdb] [saucenao] [google]
26974349

Cardano admitted they're running 40% of their nodes, and they are selection of pools per epoch, Majority of the nodes don't participate in the consensus, Can't match Avalanche TPS and that's without mentioning their finality that isn't even close to Avalanche (AVAX is x20-60 faster, Whole of a lot different that'll make or break many use cases).

>> No.26974420
File: 492 KB, 1125x674, 1611239326500.jpg [View same] [iqdb] [saucenao] [google]
26974420

AVAX doesn't suffer from 51% attacks unlike ADA.

Basically it solves the fast TX, security and decentralization dilemma. You get all 3 without compromise. That's the main selling point of AVAX.

>> No.26974473

This thread visited by the based avax schizo. Keep up the good work

>> No.26974497
File: 281 KB, 1500x1500, 1611255494466.png [View same] [iqdb] [saucenao] [google]
26974497

In very simple laymans terms

-Super fast, transactions more or less instant
-Super cheap, transactions cost a fraction of a cent
-Super decentralised, 700+ block producing validators, very easy for anyone to set up a node if they have 2k+ AVAX (an average PC is enough)
-And possibly most importantly and what really sets it apart: Super easy to port from Ethereum. Ethereum bridge launching soon and then Avalanche will have a Uniswap fork (Pangolin) + bZx (margin trading/lending/borrowing dApp). These are complex ethereum apps that have been easily ported. It's the first non ethereum blockchain that can say that.

>> No.26974503

>>26974271
this exactly. like a coin with revolutionary protocol, well marketed, solidly supported, and gigabrain/well connected team behind it means nothing to most people and flew completely under the radar.

>woweeee doggy go woof line go up

my god the crypto world infuriates me sometimes.

>> No.26974569
File: 62 KB, 603x529, 1611364145704.jpg [View same] [iqdb] [saucenao] [google]
26974569

>Why it's different
The only layer 1 solution to use a completely new consensus that isn't a variation of classical/nakamoto. The consensus is revolutionary by all means.

>Why it's better
AVAX causes "technological stagnation", While the word sound like a negative it's exactly the opposite, AVAX fulfilled the initial goal that every blockchain aimed for, Meaning we won't see any major breakthrough in blockchains that their idea already existed, From here the progression will be like going from Iphone 9 to Iphone 10, It'll more of the same thing. AVAX is enough, and it's enough for the first time in blockchains history.

>> No.26974635

>>26973741
*x150+ if we knock out DOT+Bullrun
*x150+ if we knock out ETH+Bullrun

>> No.26974718

>>26974271
>Most crypto investors apparently have no clue what they're dealing with.
They just buy whatever looks "cheap" to them and has a nice logo.
the funny thing is the people who are in this space for YEARS and still have not learned anything.
pathetic.

>> No.26974784
File: 63 KB, 496x526, 1611669872376.jpg [View same] [iqdb] [saucenao] [google]
26974784

>Question : Another question about reducing 2000 AVAX to be validator …
>Emin : Not something I can do on my own! Go out with Governance Apricot, it’s a decision we will make together. This is a parameter that I would like it to drop.

source: https://ponay.medium.com/emin-were-making-apricot-s-last-test-it-s-almost-ready-e27f9f8eaa9f

>> No.26974814

>>26962949
Say what you want, but thanks to this doge meme coin I could buy 20 more AVAX. I am trying to finish my sui stack, currently sitting at 212. If any anon would like to help me get 500, I would be very grateful

>> No.26974889
File: 6 KB, 250x181, 1611280087055s.jpg [View same] [iqdb] [saucenao] [google]
26974889

Probably link. I'm not spreading AVAX fud, it's probably the most technologically superior complete project of its kind out there. If defi ran on AVAX, AVAX holders would be stupid rich and defi would be infinitely more useable. But it don't be that way and probably never will be that way. Ethereum upgrades will be rolled out in time for the next bull market, and we will stick with the "good enough" solution.

>> No.26975019
File: 10 KB, 250x250, 1611191654450s.jpg [View same] [iqdb] [saucenao] [google]
26975019

Ethereum 2.0 will never happen
Cardano doesn't even have a complete product and won't for 4 years
DOT is a centralized joke, founder is a pedo

AVAX will be a top 5 coin in a year. Yes it was probably shilled by either pajeets or turks, no it doesn't matter. Any buy under $20 is going to make you rich

>> No.26975044

>>26974889
Ethereum 2.0 is in every way inferior to Avalanche.

>> No.26975095
File: 10 KB, 250x187, 1611175200272s.jpg [View same] [iqdb] [saucenao] [google]
26975095

Because of the lockdown I've spent the last 2months reading whitepapers of well over 200 crypto-projects. There are many new coins and tokens, but most of them aren't new in their technology. Even when the whitepaper sounds amazing, if you look at their Github profile you will be dissappointed. Many projects are simply copypastas. What a shame. But there are some that gives me a lot of hope in the cryptomarket. Not only because they will be profitable but also because they will be extremely useful in real-world scenarios.

AVAX is by far my top #1 newcomer.
Transactions are extremely fast (about 1-3seconds).
Prof Emin Gün Sirer is the founder of AVAX and a very big name in the Blockchainsphere.
Not only the community, but also the number Validators and Delegates are growing extremely fast.

If you want to know about the project, this is a good entry-point of this awesome technology:
https://coinmarketcap.com/alexandria/article/a-dive-into-avalanche


I missed to buy in earlier but now I bought 100 AVAX and will continue buying 100 every 4 weeks.

AVAX gives me the exact same feeling as the early times of ETH.

Don't miss that opportunity.

>> No.26975250
File: 230 KB, 2047x1271, 1611166257012.jpg [View same] [iqdb] [saucenao] [google]
26975250

You probably haven’t used the avalanche network anon. Once you try it, going back to ethereum is horribly painful. In fact, I haven’t used eth DeFi since avalanche came out. Once the eth bridge is live next week I’m moving everything onto avax and never looking back. Eth L2s have some promise, but avalanche just werks. There are also still latency and security issues with L2 solutions, although L2s will certainly be helpful for ETH. Another issue is that they are still months or years away- look at SNX’s timeline for porting over to L2

>> No.26975316

>>26974889
Ethereum 2.0 doesn't solve finality, 6 minutes at the most optimistic prediction. It makes it so useless to many use cases that a third wheel layer 1 protocol to BTC/ETH must immerge to fill the gap, AVAX is unironically perfect for it.

>> No.26975527
File: 163 KB, 552x552, 1611160453603.jpg [View same] [iqdb] [saucenao] [google]
26975527

>do companies really care that much about decentralization ?
yes they care because they want a secure robust system that works 24/7 and you know what they also want?
that they can develop their product and not bother with all the meta shit in the backend.
just look at companies that decided to build their own centralized oracle and what happened.
its the same thing with Consensus Protocols, make your own centralized shitty one or just plug into fully EVM compatible AVAX and profit from the superior technology.

>> No.26975604

Any AVAXBRO want to help me achieve my goal of becoming a validator? Currently sitting at 200 AVAX. I am buying as much as I can, only saving to pay my bills.
X-avax1gvkf6333y964hmg8mmerjrj47ut8sd2g8d8c4s

>> No.26975668

List of AVAX fud i've seen:
>No projects
>Weak security
>no communication across subnets
>All devs use DOT already its too late for AVAX
>march token unlock and giga dump
>TPS doesn't matter
>gas fees aren't as low as marketed
>Emin is a turk

>> No.26975754

>>26975604
No begging on biz, redditor

>> No.26975831
File: 54 KB, 640x415, 1611104744456.jpg [View same] [iqdb] [saucenao] [google]
26975831

> ADA RELEASES SMART CONTRACTS IN A FEW MONTHS
doesnt matter as its a centralized shitcoin going nowhere.
meanwhile AVAX is decentralized and already works TODAY.
ETH/AVAX Bridge comes out in the next 2 weeks and its fully EVM compatible.

>>26222948
the DeFi market is in for a big shakeup and the only ones who will survive are the ones who go to AVAX asap.
Imagine Uniswap with Sub Second finality for the swap and low fees. will you use that or will you pay 50 bucks and wait half an hour?

>>26223004
You should buy AVAX instead, go all in.
run your own node and use the node rewards to accumulate LINK.
this is how you win.

>> No.26975883
File: 170 KB, 2048x1365, tinfoil.jpg [View same] [iqdb] [saucenao] [google]
26975883

>>26975527
it fucks with my brain that you repost my posts word for word lmao

>> No.26975923
File: 76 KB, 1279x1279, 1611108478992.png [View same] [iqdb] [saucenao] [google]
26975923

staking by delegation:
>you go to https://wallet.avax.network/ and make your own wallet
>you send your funds from the exchange to that wallet
>you go on the earn tab and pick a node you want to delegate to
>decide on a staking period (2 weeks minimum, 1 year maximum, best is 1 or 2 months to stay flexible)
>you get the same 10% APY as a node operator but you pay a small fee of 2% to the node operator
>your staked amount is never at risk
>the only bad thing that can happen is that the node doesnt have 60% uptime and you miss rewards for the staking period but this never happens because the node operator wants his rewards

its really simple bro

>> No.26976049

>4600+ TPS
>0.05$ fees
>Sub-seconds finality (faster than VISA and Apple Pay)
>Brand new consensus protocol (Avalanche Protocol)
>Supports 100,000+ validators
>Already one of the highest staking rates among DOT and ADA
>Scalable to infinity
>Fully customizable subnets (making them legally compliant)
>NFTs
>Backed by Cornell (home of Chainlink and Ivy League member)
>Lead by Emin Gun Sirer, a gigabrain who has been around cryptos even before Bitcoin
>Emin Gun Sirer has the second highest H-Index among crypto CEOs (only behind Vitalik)
>Vitalik has publicly endorsed Avalanche, and he's building over it in order to solve Ethereum's scalability problem (Athereum)

>Public sale info (distribution included)
https://info.avax.network/

>> No.26976148

>>26976049
You're doing God's work, avax-schizo

>> No.26976176
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26976176

I can't take seriously any platform that does any tradeoff with decentralization, It just wrong and completely defeat the point of blockchains in finance, Pure money grab imo. That's the base rule, work on top of that and not below it.

As a result the current ordering of L1 goes as following:

Adopted/Reliable/Network effect:
ETH
ADA
AVAX

Tech/Potential/Experimental:
AVAX
ADA
ETH

I could've include Algo and Polkadot somewhere on that list but they DON'T put decentralization and security at the higest priority thus futile.

>> No.26976444
File: 89 KB, 967x1280, 1605199792499.jpg [View same] [iqdb] [saucenao] [google]
26976444

>>26974473
he copy and pasted a few of my posting but that's all good

>> No.26976449
File: 121 KB, 640x640, 1611701691228.jpg [View same] [iqdb] [saucenao] [google]
26976449

It's clear that every post of yours is trying to somehow push avax and "composability" near it despite the fact that you can only fud AVAX in that regard if you only look at it from the added exclusive feature (subnet) perspective, AVAX functioned as Radix/ADA/DOT/Algo etc. have composability and other things that nobody have AS A WHOLE LAYER 1 SYSTEM, It's a knockout there which can't be refuted, Especially with a product that doesn't even have mainnet running rightnow.

I understand that part of your shitcoin marketing strategy is to force rivalry and discussion with other shitcoins communities using some mildly clever nitpicking and things that seem right at first glance but are total lies when you dig into it. I mean Radix pumped x2 recently so it kinda working.

>> No.26976686

>>26970738
Agreed. I'm accumulating and the tech makes it an easy hold, but if I break even (planning to hold for 1-2 years) I'll be happy. Mooning early will only fuel the FUD

>> No.26976953
File: 213 KB, 1080x658, 1609768734109 (1).jpg [View same] [iqdb] [saucenao] [google]
26976953

Avalanche (AVAX), has a next gen concensus algorithm, everything else is running on a 41 year or 11 year old algorithm. Avalanche concensus was published by team rocket and solves the trilemma. It's already the most decentralised network in crypto. It has ~600 *FULL* block producing nodes. Processes transactions to immutable finality in <1s, which is faster than even Apple pay. Processes 4,500 TPS, 3x more throughput than visa. Plus has a unique subnet infrastructure that allows billions of individual blockchains to exist within the Avalanche network. It can virtualize every other project inside itself, which makes it more of a layer 0 than layer 1, and all fees on the network are minutely small. I've spent about 10eth ($10,000) in gas over the last 12 months to do swaps on uniswap, the same transactions on Avalanche would have cost me far less than 1 avax, probably around 0.1 avax, which is only 36c in fees.

The bridge comes out this month, plus pangolin, the new gen Dex that's launching on avax will go live right after the bridge. Swarms of liquidty will flow to pangolin because they're airdropping PNG tokens to uni and sushi holders as part of their marketing campaign.

Avalanche makes polkadot largely redundant, who would deploy millions in capital to rent a parachain slot for a few months, when you can deploy a subnet on Avalanche that has more functionality and can be deployed with less than 0.01 avax fee. I feel bad for the polkadot frens because avax will cannibalise their network. I'm still buying into new parachain projects though because people haven't yet realised that Avalanche is the best L1/L0, and then I'm using my gains to buy more avax.

>> No.26977071
File: 3.58 MB, 1512x1512, 1595044103026.png [View same] [iqdb] [saucenao] [google]
26977071

AVAX will be the L0 solution for Ethereum, it supports VMs including EVM as a subnet, Ethereum smart contracts are fully compatible and run out of the box. Just watch the video on Athereum, they have a demo as well (although having issues with the playback) https://youtu.be/_WxpSuZ1qg0?t=638

>> No.26977290

AVAX
PRIDE
WORLDWIDE

>> No.26977692
File: 135 KB, 800x793, 1611165432175.jpg [View same] [iqdb] [saucenao] [google]
26977692

>Emin is approved by Sergey and Sergey loves him, shares his vision and even gave him a prime spot during the Smart Contract Summit, currently they are planning to move all Chainlink Oracle components over to Avalanche
>Emin is Vitalik approved, Vitalik confirmed Avalanche is legit, he didnt even bother defending eth 2.0 or comparing it, he said AVAX is as legit as BTC
>one of the Founders, Ted Yin made Hotstuff, the fastest classical protocol that facebook wanted to use for Libra which was canned, he then went back to Emin to make Avalanche
>Emin can farm Gigabrains for his company Ava Labs directly from IC3 which is 180+ researchers and 8 universities
>the Business development guy John Wu is a wallstreet bigshot who got funded by the Blackstone Group (look em up) and has serious connections

>> No.26977974
File: 6 KB, 250x250, 1611631410858s.jpg [View same] [iqdb] [saucenao] [google]
26977974

as the Price of AVAX begins to rise Operating a Node will become more attractive.
the Network has already 744 Validators and is growing at a stead pace, most AVAX is locked up in nodes and you can watch the staking ratio going up here https://avascan.info/

as the price is going up more people will want to run a node for the comfy and easy passive income. All you have to do is provide 60% uptime and lock at least 2000 AVAX and you never risk your stake only your rewards.
running a node is really easy too and I encourage everyone to run a node to help grow the network, decentralize it more and to make it.
>>26134611
a Node will give you steady, low risk rewards of around 10% APY, + you get delegations to your node and in the future you can compete in Initial Subnet Offerings to help secure Subnets with your node and earn tokens from there.
The Potential is INSANE here.

>>26134684
>Not a moonshot sadly
zoom out to 1w and compare to crv. people are not looking at bzrx now but will when they gain the advantages that Avalanche provides.
you can easily make 100% here and flip this into more AVAX and PNG.

>>26134746
Avalanche is a fundamental breakthrough in this technology and this time its not a joke or an empty promise.
they delivered and the tech works.
right now its only x15 from ICO and rank 44th on cmc and this is top 3 EASILY.

>> No.26978099
File: 9 KB, 233x250, 1611702704096s.jpg [View same] [iqdb] [saucenao] [google]
26978099

The Third Breakthrough in Consensus Protocols was achieved and freed us from the constraints of the Blockchain Trilemma, we have decentralization, we have sub second finality, we have high tps ALL AT ONCE.
The Dream is finally reality and in the coming days Ava Labs will release the new "Apricot" Upgrade for AVAX which will finally activate the EVM, the Ethereum/AVAX Bridge and the first decentralized DEX ala Uniswap but with sub second transaction finality, low fees, no frontrunning and all of this secured by decentralization that was thought to be impossible.
the implication here is that this is the first time a DEX will achieve performance that can rival centralized exchanges like Binance and Coinbase, their Business model is about to die!
do you understand what they did with UNI, SUSHI, CRV, YFI ?
They accumulated them hard to try and gain as much marketshare of the DeFi governance tokens as possible and they werent even a threat on the same level as Avalanche...
They will repeat the same with AVAX and the DeFi Governance tokens on top of it.

this is just the DEX usecase, other DeFi is also jumping ship and coming to AVAX with Apricot.
like for example BZRX (check the chart, zoom out, buy a bag now and thank me later).
more DeFi will follow once the first movers are proven successful.
also Chainlink is very hard working on integrating ALL Chainlink components into Avalanche and Chainlink will gain another huge advantage here and also boost AVAX.
Buy LINK, buy AVAX and watch out for Coins that come to AVAX or ones that copy the laggards on ETH who still dont know any of this.

>> No.26978671

>>26972905
Sultain Emin sounds better than General ffs
Sultan Admiral Emin

>> No.26978787

>>26970549
When is this thing gonna moon?

>> No.26979051

>>26975604
fuck off and delegate, nobody is going to gift you $21k+ of AVAX you retard

>> No.26979324

PNG or ZERO?

>> No.26979361
File: 23 KB, 586x236, vitalikava.jpg [View same] [iqdb] [saucenao] [google]
26979361

Reminder that AVAX is no 'ETH Killer', but ETH Fren.

https://athereum.avax.network/

>> No.26979612

>>26979324
png


zero is shady as shit, but they very well might pull it off. The the type of marketing, memes, social media administration (bans), the promises and general conduct makes this most likely a rugpull

pangolin seems institution-esque, steady and solid.

>> No.26980316

>>26975668
Copycat projects no invention
Weak security, pray for coin security
no communication across subnets, no composibility
All devs use DOT already its too late for AVAX
march token unlock and giga dump
TPS doesn't matter
gas fees aren't as low as marketed
Centralized shitcoin all nodes run in 2 cloud providers computers
Emin is a turk

>> No.26980451

>>26978099
RaiBlocks all over again
IOTA all over again
ByteBall all over again

> we solved trilemma
> muh new novel consensus protocol
> the more transactions the faster it goes

Its all so tiresome

>> No.26980838

>>26980451
would be true, if not for the fact that avalanche has academia credibility and Emin has a track record of upmost excellence and untarnishable reputation with his peers

>> No.26980898
File: 25 KB, 448x448, trilemma.jpg [View same] [iqdb] [saucenao] [google]
26980898

>>26980838
> untarnishable reputation with his peers
> reputation

>> No.26981042

>>26979612
https://github.com/zeroexchange/app/commits/dev
what do you think of the github?

>> No.26981142
File: 268 KB, 2048x964, 1594985785337.jpg [View same] [iqdb] [saucenao] [google]
26981142

>>26980898
> reputation
yup

>> No.26981176

>>26966655
At least you recognize your own stupidity. There is still hope for you.

>> No.26981805

>>26981142
that kind of your thinking isnt better than the jews of wallstreet having each others back right now

think like a scientist without appeals to authority and in-group comradiership, muh reputation look my friend likes that guy his coin must be good

thats too much to ask for right. neck yourself lowlife

>> No.26981967

been seeing a lot of good stuff about AVAX, is there a reason to start buying it?

>> No.26981996

>>26981967
Wait till sub $10 it had a 3x pump already

>> No.26982043

>>26981967
read the thread retard

>> No.26982233
File: 56 KB, 299x486, Osmanlı_rütbeleri.jpg [View same] [iqdb] [saucenao] [google]
26982233

>>26972905
>>26978671

Go ahead

>> No.26982252

Centralized shitcoin running only in the cloud
Microsoft Amazon own 90% of all the node staking keys

>> No.26982466

>>26981996
>saying that after a meme joke coin pumped x10 in a single day

It's so undervalued that if tomorrow we'll see 1500% gains it wouldn't be more retarded than the current state of being barely in the top 50.

>> No.26982651

>>26982466
are you proud of cryptomarkets having same whales manipulating it just like wallstreet does their shitstonks?

>> No.26982655

>>26982252
Garbage fud. Go back fudding BTC and ETH pools

>> No.26982719

>>26982252
AVAX makes it very safe to run a node. 60% uptime and no removal of funds in case this requirement is not met - just slashing of stake rewards.

this project is most home-node friendly project out there.

>> No.26982822

>>26972905
Master Sergeant checking in and reporting for duty Sir!

>> No.26982842

>>26982651
they don't have institutional hold.

nothing like Robinhood shittery removing the possibility of buying suddenly

>> No.26983437

>>26981967
the price crabs in times of instability, with the inevitable moonshot that will happen

>> No.26983627

>>26982842
> nothing like Robinhood shittery removing

no in ETH world its called "sudden congestion" "high fees" blocking your orders, and front-running on uniswap

still reminder that all the trade goes on shit exchanges like Kraken which is down right fucking now preventing people from selling their DOGE

>>26982719
Cloud friendly node project, CENTRALIZED shit coin
Just let Microsoft or Amazon run your paypal varianat and stop spamming biz with your shitcoin

>> No.26983757

>>26983627
easier setup => much more decentralized than all other projects

Enjoy your mining pools

>> No.26983829

>>26983627
so pay your fees to not get front runned. If you don't like the fees on ETH, wait till migration to AVAX c-chain makes this a non-issue lel

>> No.26983846

>>26974497
polkadot has all this shit already tho

>> No.26983907

>>26967678
BULLISH

No happy that I'm bleeding sats rn, but nevermind.

>> No.26983910

>>26983829
> wait till migration to AVAX c-chain makes this a non-issue lel
EVM is the bottleneck even if you place it on AVAX all you get is still a measly 15tps

Solana SOL is winrar

>> No.26983916

>>26983846
how many validators tho?

>> No.26983993

>>26983916
5 independent validators
750 microsoft azure and amazon aws validators

>> No.26984109

>>26983846
No it doesn't. AVAX is quite literally superior in everything concerning the core protocol. Polkadot npos is slightly improved dpos which in its core is centralized trash with 60 minutes finality and 1/10 the robustness of avax (1/20 the TPS). It's hype merchant.

>> No.26984375

>>26983993
quick search on avascan proves this grossly incorrect

>https://avascan.info/staking/validators

>> No.26984670

>>26983910
the consensus algo is the bottleneck - always

solidity/EVM bytecode is trivially computable

>> No.26984801
File: 64 KB, 461x843, topkek.jpg [View same] [iqdb] [saucenao] [google]
26984801

>>26984670
>solidity/EVM bytecode is trivially computable

>> No.26985168

>>26984801
which bytecode would take non-trivial time to complete if the consensus algo wasn't a bottleneck?

the most comples would be the cryptographic ones, but even those take almost nothing to finish on a regular processor.

>> No.26985241

>>26983916
kusama has 1300 (900 active set and increasing), polkadot has ~715 (300 active set, increasing soon)

>> No.26985682

>>26985168
Ask your leaders Emin and gang, they too acknowledged the problem of EVM being slow as shit and thats why they have a plan to make some other faster VM, and why avalanche allows other VMs at all.
This has been a known problem in cryptospace since cryptokitties in 2017 ffs.

Bury your head, you didnt hear this. It means ETH2 wont scale either.
Quickly, find sand, burry.

>> No.26986167

>>26985241
They don't participate in the consensus.. If i remember correctly 10-14 validators are enough.

>> No.26986458

WE ARE BLEEDING SATS SIRS SOMEBODY DO SOMETHING SIRS

>> No.26986544

>>26985682
you know you have to send bytecode to the entirety of the network which is then validated via the regular consensus mechanism?

You do know that regular computer processors ARE HELLA FUCKING FAST. Network is slow. Achieveing consensus across many nodes in a decentralized network compounds the network speed problem.

you clearly know nothing about computers besides raw LARPage.

>> No.26987159

>>26986544
> ARE HELLA FUCKING FAST
So fucking fast that even if bitcoin had 1GB blocks and all network 100Gigabit between every node
Transaction verification of the unspent outputs would be the bottleneck

even on bitcoin where trx to verify are much faster than ETH
let that sink in
transaction verification time

now add some smart contract and actual computation to be done per transaction
reminder smart contract isnt 2 + 3 kind of computation

fucking noob neck yourself

>> No.26987752

Reminder Avalanche is another shitcoin scam like
> IOTA
> DigiByte
> EOS

The real coins /biz/ wont tell you about like Solana and Algorand

>> No.26988475

>>26987752
>>26987159
shitty FUD jeet
you can do better

>> No.26988560

AVAX bros

what would happen if I'd set up two nodes with the same NodeId by using the same staking keys?

trying to find ways to make redundant nodes for extra uptime

>> No.26988807

>>26987159
transaction verification is out of scope of the discussion. No network has 1GB transactions because it causes massive centralization. AVAX runs on raspberry pies

raw speed of computation via different programming languages/VMs is.

>> No.26988824

>>26988560
>trying to find ways to make redundant nodes for extra uptime
thats pointless. you only need 60% uptime and nobody gives a shit if you have 99% or 100%.
>what would happen if I'd set up two nodes with the same NodeId by using the same staking keys?
you still only get rewarded once but you pay twice for uptime like an idiot.

>> No.26988894

>>26987159
>reminder smart contract isnt 2 + 3 kind of computation
it's barely any more complex as far as raw computation speed is concerned fuckmonkey

git gud learn more read some stuff from emin and vitalik

>> No.26988930

>>26988807
his retarded fud stems from the fact that he doesnt understand that Avalanche is a leaderless protocol.

>> No.26988984

>>26988824
still want to do it. Let's call it a hobby

perhaps this will make my node more credible as a delegation target, but I barely give a fuck

>> No.26989267

>>26988984
you would need to fuck up really hard to see the node ever go below 95% uptime.
I have been running my node for many months now and never ran into any problems like unexpected downtime or crashes.

>> No.26989975

>>26986167
just because consensus chooses a different subsets of validators to be in the active set and also chooses via lottery per block doesn't mean there's "only that many validators", though, they all participate

>> No.26990033

>>26988560
You break the network and cause chain split
The more stake you have the slowee network goes when someone does thiw simple attack

>> No.26990051

>>26989267
want to create a cross-cloud node as an end goal

for shits and giggles lets say

>> No.26990110

No thanks I'm buying MUSE

>> No.26990180

>>26990033
I'll have to hide the redundant nodes behinde a private network then

>> No.26990290

>>26990051
>for shits and giggles lets say
but its pointless bro.

>>26990180
hes full of shit lmao

>> No.26990317

>>26990051
Dont do it
Dont make your clone nodes cast different votes
Thats bad mmkay
Theyll slash your rewards
Oh wait avax doesnt have slashing

>> No.26991673

>>26972905
Not long till promotion to Sergeant Major. Then I'll hopefully get a node when they get it down to 500.

>> No.26993071

>>26972905
Private here saluting all people ranking above me.

>> No.26993257

currently holding around 500 of this roach coin
is 500 a suicide or make it stack ?
pls dont tell me 2000 is the make it stack

>> No.26993458

>>26993257
You have a suicide stack, sorry bro.

>> No.26994038

>>26993458
fuck you
but thanks for telling me the truth, brother

>> No.26994085

>>26993257
500 is sui. I also have 500.