/biz/ - Business & Finance

The better question is. Can I get my Avax's back which I put on metamask to use for the pangolin.exchange?

Sell

NOW
I have insider information this project is gonna die in the next week. Sell if you don't wanna lose everything
Sell sell sell sell sell sell sell

>>28425667
No. Make your own thread.

>>28425461
turks scammed you.

>>28425764
>>28425784
kys you retarded gorilla niggers, I'm asking about the technical implications. I don't even have any AVAX.

>>28425878
it doesn't matter. they will need to hardfork. its a failure of a project now.

>>28425764
See this is what happens when Pangolin devs think it is ok to fud Zero Exchange. You add legitimacy to the retards who want to fud AVAX the platform.

Get your heads out of your arses and start supporting all projects on AVAX, Pangolin and Zero Exchange included.

>>28425461
basically all major blockchains had fuckups like this: btc eth tezos, zil, iota, etc. happens all the time

I feel uneasy right now but I’m going to risk losing $30k+ of gains to potentially make millions. I’m holding

>>28426061
When's the last time ETH went down and fucked everyone over?

>>28426180
I need your nerves kek
Can you explain why you're so confident? I'm stuck between selling and holding like a total tard

>>28426061
I'm asking if the nondeterministic nature of this one has implications for future bugs. This was an environment that they literally could not test for. Other networks don't work that way, for example ETH2 has guarantees and limits clearly stated.

>>28426211
This project is 2 months old. What are you on about retard?

bug happened
ecosystem locked trying to heal
(bad blocks were detected)
devs fix the bug
devs testing the bug fix
shills shilling
soon moon

>>28426211
I don't think ethereum was ever down, the worst bugs it had was a node-level dos, geth was knocked in 2016 but other nodes processed blocks fine

>>28426370
so devs have centralized control to fix the bad blocks. the scam just keeps getting scammier.

i'm a pangolin developer please help us and buy back even a little bit helps please

>>28426061
Cope

>>28426470
AVAX literally runs on google cloud servers. Like all of the "nodes". Probably one of the most centralized projects.

>>28426470
lol nope, they dont

>>28425461
it's dumping hard. fuck, thinking I'm gonna move

>>28426734
oh shit it's staked, I forgot, I'm done for lmao

>>28426356
>>28425878
Anon we don't know what the bug is, they haven't said. All we know at this point is what they have said on telegram which it sounds like you have already seen so you know as much as the rest of us. They said they would be putting out more information about what happened once they fix it, so we will be able to tell you more then. It's all really up in the air, they are making it sound like it had to do with the eth bridge and that it is not a major issue, but they obviously have an incentive to say that so we don't really know what is going on. I had about 80 avax which I have sold until I know more about what went wrong and if others are going to continue to sell. If I agree with their assessment after they release more info I will probably buy back in. This issue is enough to kill the current momentum but the project still looks good to me since eth fees are prohibitive at scale.

>>28426350
Kek I wouldn’t say I’m super confident but just the thought of selling today and then realizing 2 years later that I would have made 7 figures is keeping me from selling. Also I’ve seen several people saying that ETH and others also had problems when they first started so I’m hoping this can all be corrected. It’s difficult to filter through all the Fud right now though

>>28426211
nigger they literally had to roll back the entire blockchain because of a hack, several years after release

>>28425461
oh no a shitcoin ended up shitty

I was gonna be sad about losing a bit of money but then I remembered the GME retards and now I'm happy again

> newfags clearly never heard of the Dao Hack on Ethereum in 2016 (https://medium.com/@ogucluturk/the-dao-hack-explained-unfortunate-take-off-of-smart-contracts-2bd8c8db3562))

This is nothing in comparison. Still holding kek.

If you're worried, biz is the last place you should turn. Retards, newfags, 3fig portfolios, pooinloo, ready to give their shitty advice.

Just hold, retard.

>>28426960
Yeah the FUD is intense. I think I'll probably just avoid any AVAX threads for a day or two until this issue is mostly forgotten. Your answer is much appreciated fren

>>28425461
Its at 39B MC...

>>28427211
Correction. Still a few bizchads who made it like myself. The rest of your statement is valid.

>>28427164
retard the network worked exactly as expected at that time. with gayvax the entire network is down and I can't even claim the fucking airdrop. fuck you turks you scammed me again

>>28427350
>doesn't even read
>makes illogical argument

NGMI.

>>28425461
>dropped below 45
I really think it's over and I'm staked in for another two weeks. Save yourselves anon, I'm resigned to losing the investment now.

>>28427474
i'll give you a pass on that one because it's funny

>>28426972
there was no rollback, there was a hard fork that moved eth from hacker's accounts. Eth wasn't transferred because the dao contract had a withdrawal timeout

>>28427529
You'll be thanking them for saving your paperhanded ass in 2 weeks

>>28427520
the dao hack did not prevent other dapps from working faggot

From the Pandolin discord

>Hey everyone! Been a very long day, sorry for quietness, we've had zero sleep trying to fix everything non-stop. A very comprehensive post-mortem will be written after everything is back online, but we still wanted to give a brief summary in the meantime for transparency.

>Here's the tl;dr of what happened since Pangolin launch: insane load triggered a very low probability bug that produced a bad state in the network. This could not have been caught in testing because there is simply no way to replicate a dynamic, live environment of thousands of users trying to use every function (even with the best testing tools).

>More details: Turns out, there is a bug in the glue code of wrapping the EVM, which caused a bad block to be generated on the c-chain when exporting from x-chain to c-chain. This bug was ONLY in the x-chain to c-chain imports. Everything else seems unaffected. The import issue was non-deterministic and had a very low probability of being hit, but because the c-chain saw insanely high traffic, the bug surfaced. This bug caused the entire network to panic, and because Avalanche values safety over liveness, the network automatically locked itself trying to heal. Similar bugs have happened before with chains such as Bitcoin and ZCash.

>One point of note is that this bug affected mostly the p-chain and the c-chain. The x-chain, which is the DAG, continued having operations through the network, even though the pace was greatly reduced as the network was busy trying to heal constantly with failed polling.

>>28428002
Pangolin Telegram *
(Contd)
Some questions you may have:

>Q: Is this a fundamental protocol issue?
>A: Absolutely not! This is effectively a bad validity check bug, in the same way that Bitcoin and Zcash famously had validity check bugs with coin minting in the past.

>Q: Does this mean Avalanche cannot scale?
>A: This has nothing to do with Avalanche protocol. Avalanche worked exactly as intended. Instead, the code glueing Avalanche and the EVM did not work as intended, and it produced a bad state for even correct nodes. This caused nodes across the network to panic.

>Q: Are funds safe?
>A: Funds are all safe. This is one of the guarantees of Avalanche.

>Q: Does this mean Avalanche is centralized?
>A: The exact opposite, actually! There is simply no single party in Avalanche that can unilaterally change the network state. If Avalanche was centralized, this issue would have been fixed instantly by just rebooting the state and invalidating the bad blocks. Instead, because there is no single party that has unilateral control, the patch requires a network-wide coordinated network upgrade. This is a feature of decentralized systems that value safety over liveness.

>Q: What does this mean for Avalanche? Will this happen again?
>A: Obviously, it’s never great to have fire drills like this, but this stress test is critical to making Avalanche as bulletproof as possible. Other bugs will be discovered, but the more Avalanche undergoes insanely high loads in real production environments, the better it is for its long-term survival. So while I don’t look forward to more nights of no sleep trying to investigate bugs, I find them to also be critical moments that create network robustness. The more Avalanche gets stress-tested, the harder it becomes.

>>28426922
Oh good, one person who is sane

>>28427074
ngli this one is pretty good, but fuck you

>>28427529
Binance says my AVAX will unstake tomorrow. I bought at 21$ so I may have time to sell without loss.

>>28428427
My average cost is 35, I don't see how I can make it in 2 weeks.

>>28428427
I doubt it goes sub 20 in 24 hours, so you should be good to go.

>>28427211
It's quite funny watching all the desperates from other projects trying to shill their coins and steal a bit of avax's spotlight.

Why are you retards so worried? It's not going to drop any further

>>28428155
>>28428002
Yeah I read that, it dances around the issue and I don't trust it. The fact that they can't do comprehensive tests that give proofs for any network conditions is concerning. Read the Will the happen again part. Other protocols don't perform differently when the load increases, they just become more expensive to use.

Elrond is also dumping in similar percentage, it's clearly not just the bug.

Okay so here's the rundown:
IT'S OVER
>SELL
SELL
>SELL
SELL
>SELL
SELL
>SELL
SELL
>SELL
SELL
>SELL
SELL
>SELL
SELL
>SELL
SELL
>SELL
SELL
>SELL
SELL

>>28428782
who?

This is suboptimal but hopefully it gets fixed soon. I think the market is smarter than I am and if it was fucking hyper serious, whales would dump hard. Someone on the team would leak to a friend and tell them to run for the exits and that shit would get out. That being said there was no real sr between 41 and 33- it will fucking cruise when it hits those levels and there is that goddamned missed weekly pivot at 20.74. It has to hit that eventually, I think

>>28428967
the king of the elves, he literally just dumped his entire AVAX stack today

>>28428002
Thank you anon, a very helpful and detailed post

>>28428967
read a book, specifically lotr

>He didn't buy the dip
NGMI
If this issue was big the top holders woulda dipped already

>>28429119
How will whales dump if 75% of the coins are locked?

>>28428967
AVAX' main competitor, it's completely slept on by biz and includes features such as not being bugged

>>28429466
Whales are in chainjail, they can't

>>28429466
They can't bail because all AVAX is locked in staking, the broken wallet or non-depositable on binance. There is literally no sell pressure and it was still in free fall. Imagine what happens when it comes back online...

>>28429630
Yep, the sell pressure when this shit comes online will likely take it down to the last level of strong support, which was around $11

correct play is to sell and not risk your bull run holding broken shitcoin. there is literally 200 coins that will pump also without any risk. im not holding ava or not planning to buy, just my legit thoughts.

>>28429763
Which ironically is about the same price eth went down to after the DAO hack. Except this roach scam won’t rebound like eth. I would sell as soon as the network comes back, or even setup your own node and wallet to withdraw before the public explorer comes back.

>>28425461

They just need to communicate better. I don't believe they would lie about this being no biggie. Think anon. They took real money from giants like a16z, the CEOs career is on the line. They are choosing their words very carefully, too carefully, but they can't lie. Their asses, careers, reputation, assets - everything would get FUCKED if they were exposed to be lying.

Now having said all that, the fact that the price is holding as steady as it is gives me hope someone much richer than me is using the same logic - it will be fixed, they will pump it much higher. Pajeets will still flock back to Pangolin for the cheap swaps.

Now, someone blockchain savvy could confirm if it's possible to upgrade all nodes in under a day, without taking weeks? I doubt there are any node operators still unaware of what's happening, they would rush to just recompile and run. But if any pajeet is out there shitting the streets and his power line is cut he may not upgrade, would the majority of upgraded nodes still handle the network with some nodes running a shitty old version?

>>28429466
most of the coins are locked
besides deposits and withdrawals of avax on chinkexchange are disabled rn. Apparently other exchanges are in the same situation

>>28429763
>>28429630

just hope I make close to half my money back with shorting this shitcoin with leverage

>>28426211

> I'll take "what were CryptoKitties?" for $2,000 Alex.

>>28428427

Same

Told you fags to buy EGLD because that's a fully working product

>>28429950
I want to believe that too anon, but I think it isnt tanking hard since people literally cant move their tokens and sell them....

>>28429993
That just made gas go up. It didn't nuke the entire network faggot roach.

>>28429630
btw I just checked and I can access my avax wallet without issues, was there a problem with accessing the wallets earlier?

>>28426786
70% is staked, bro

>>28430087

But anon, for every seller there is a buyer. If it's all FUBAR why would anyone buy? In thousands at 0.1 increments? How much dumb money buying the dip can there be with situation as fuck as this when you could just camp in GRT/ADA/whatever and not deal with this?

>>28430285
I couldn´t access the wallet for the whole day

>>28430285
>>28430372
I'm still getting the "under maintenace" message, no access

Oh yeah, GOOD LUCK getting your coins out of Pangolin. Thought that the gas prices were bad on the way in? Instead of paying $200, you’re looking at literally $1000 just in gas fees to just get your money back.
Turkish engineering, not even once.

I recommend selling because of these reasons, people are pissed because large amounts of their funds are stuck in traffic, and will ragedump when they get access to their funds resulting in a dip to maybe 15-25~ and that's where I would buy back in

IS THE NETWORK BACK UP? MY METAMASK JUST CONNECTED. And I am missing my most recent funds naturally.

>>28430285
How? Where? Site is still down.

>>28430285
Wallets were down because there were tons of people F5ing them, making matters worse.

>>28430896

No, they were down because the team deleted the NS records, they later put up a maintenance page because the first option is retarded in a panicking herd situation.

>>28430892
wtf I just been inside the wallet, F5ed and now it's under maintenance

FUUUUUUU
I need to work and was seeing red dildos and panic sold 75% of my AVAX because I couldn't concentrate
NOW IT'S GREEN
FUUUUUUU

so is it a problem with avalanche or pangolin?
i didnt stake so i can still sell but price looks to be rebounding nicely

>>28428759
That part seems bullish to me the more I think about it. It's straight-out stating that you're in an incredibly early stage product instead of corporate speech. Don't see this being bad at all

You need to consider that we are still in super early. The fact this shit got overrun with traffic tells you a load about demand for an ETH solution and why you should be balls deep in AVAX, BSC, Elrond and so on right now.

The only two things I hope they will improve is communication and lowering node stake requirements. They obviously need to strengthen the network, but that's not gonna happen if you need to invest fucking $100k right now to run one.

>>28430632
That's also ETHs fault nigger, and you can easily circumvent that
>sell for AVAX
>transfer to Binance
>sell for ETH
>send back to the ETH chain

I wonder if there will be some other service because nobody will use that shit besides bots maybe

>>28431164
Assuming you're telling the truth, and since I can connect to the network again with my Metamask wallet, and connect to Pangolin with it as well... it looks like maybe they're pressing the power button. Fingers crossed.

Sultan responded. A nothingburger response with no ETAs but still a response.

>>28431192
Some problem with the EVM. i.e. ETHniggers spamming the bridge for their free uniswap shitcoins that confused the contract chain and caused the network to slow down to protect itself

>>28431549
The issue was avalanche code wrapping the EVM, weak shill.

>>28431690
That's what I said, there was a problem with the EVM implementation

>>28431314
Wow, it literally is sweaty fez wearing Turks smashing keyboards. Fuck this rug pull research project, I’m going to sue.

>>28431829
Y... You're going to what?

>>28431314
Live-testing their code on human subjects aka AVAX baholders

DOT is waiting for you & only you!

>>28426470
No, they don't. That's why they're having trouble unfucking the network because they clearly didn't game this scenario out and come up with a solution in advance.

>>28431982
DOT and ADA basically don't even exist

HOLD THAT GUYSS

>>28431829
Its a flying rug. Fuck you.

>>28431829
>I’m going to sue.

PUMPA PUMPA

>>28431314
why are news google translated from turkish, the fuck is this shit?
This is complete shitcoin tier

>>28432036
And that's why DOT will do x100

>>28431314
>google translate from turkish to get an update
ok now this is actually kind of funny

>>28426428
Eth was fucking hacked and had to be forked. That’s pretty much the worse possible thing that can happen.

>>28429466
>If this issue was big the top holders woulda dipped already
you literally cannot move coins right now dumbass

>>28432599
a contract was hacked

>>28432383

It is cringe NGL. Some people are just autistic and have no grasp on the pulse.

I think a crypto PR/disaster handling and communications services are at least a million dollar startup idea.

>>28432640
And it caused ETH to fork.

>>28426211
they had an unplanned hard-fork literally 4 months ago lmao

their web wallets were KIA on launch

newfag

>>28426470
no, validators will have to load the patch

>>28432899

is validator an avalanche-go instance running (a node), or something else entirely? How many are there? Can the network function well with some percentage not upgraded still? Appreciate if anyone knows

>>28426576
All crypto needs to be centralised in the development stage, lol.

this is taking an alarmingly large amount of time to fix and communication is pajeet tier wtf

>>28432994
>is validator an avalanche-go instance running (a node)
yes
>, or something else entirely? How many are there?
Around a thousand
> Can the network function well with some percentage not upgraded still? Appreciate if anyone knows
Unsure about this

>>28425461
Avax is broken and trusting it as a financial platform or store of value is SKETCH AF... better for low-value IOT applications:
>non-history preserving consensus. i.e., if a 0 day exploit on VM-layer wipe out DAG storage, there is no longest chain rule to restore consensus state
>Nakamoto consensus + recursive snark BTFO avax scaling to infinity
>actors colluding 20% of avax staking power can put Tx on hold indefinitely (not as censorship resistant as Nakamoto)
>validator IPs are explicitly locked with staking power, possible issue regarding privacy and real-life attacks

Bitch, it's as easy as reading it on their website. Do you have a learning disability or something? lmao retard

oh fuck its crashing rn lmao

what a t*rkcoin

it's on boiiiiis

>>28427474
Kek. Not gonna lie the fud threads had some gems.

wallet is back and emin made a statement, most of this fud is nonsense. i pity those who sold.

wallet came back online. Not a larp.

At least my RBC and FTM stacks are doing smth

>>28425461
I AM A BALKAN ORTHODOX CHRISTIAN AND I HOLD AVAX.

IT'S A WIN-WIN SITUATION NO MATTER WHAT HAPPENS TO AVAX IN THE LONG RUN FOR ME

>>28433640

Its crashing like any other coin you dickhead, the bug will be fixed soon

Damage has been done. See you at $20

>>28433704
>>28433702
Can confirm wallets are back.

>>28426576
>AVAX literally runs on google cloud servers
My node uses buyvm.net

>the wallet is back online
>the funds are not

>>28428427

i'll pump to 80$ when they release the stacks, a lot of people bought at 42$ as myself, I believe its still a solid project

>>28433933
Awesome, time to withdraw and get out of this roach hotel

>>28433045

Finally someone who isn't fucking retard and knows how coins works

>>28434106

I know how coins work. They're supposed to be usable. XD

>>28425461
Cathy Woods just followed Emin on twitter. Prepare your butts.

>>28434308

The wallet its functional already

>>28434488
dip bought lets go

>>28434517
can confirm. seeing where this goes, but not selling sitting on 250.

>>28425461 The wallet its functional and there's no need to sell ur Avax ur money it's not in danger, calm down everything it's fine

People don't seem to understand why happened with Ethereum and the DAO hack. The DAO was hacked and some ethereum node operators decided to start running a version of the chain where the hack had not happened yet. Some others continued running a version where the hack happened. That's why you have Ethereum (hack didn't happen) and Ethereum classic (hack happened).

honestly not even holding any avax but this may be the end from my own pen testing

>>28435057
no need to sell, calm down, its all good

I've been able to refrain myself from selling the bottom, but i was planning on trying out the wallet and a dex and now i think i'll be afraid too..
is that as bearish as i fear or am i just a faggot?

>sell
>1 minute later wallet comes back
>binance is out of bux to give me
im out 50 avax and its gonna fucking moon tomorrow kill me

>>28435077
The chain was not frozen or broken like in this other project's case. Also you can't directly compare a pioneering project to some latecomer, no disrespect, but it's just something you need to take into account when discussing these things

>>28435164
thats bullish, im gonna feed your fear to my cat, his name is AVAX

$1,500 EOY

all the retards in this thread will be so fucking mad they sold at 50-60$ when its listed on coonbase in 2 weeks and it rockets to 300$

>>28435077
pathetic cope
this chain is literally bricked
eth never stopped working, but even then I'd give them the benefit of the doubt because they were inventing smart contract platforms
avax was shilled as an ETH killer that was going to solve all of ETH's problems and failed collosally and publicly the first time it was put under a small amount of stress LMFAO

>>28435341
>IC3, Libra/Tendermint, legit VC, Vitalik, Sergey, Coinbase gigabrains behind it
>falling for some pajeet fud from fantom fanboys
Go into their threads they constantly cry about how their shitty bags haven't moved

>>28435506
You know that every new blockchain has had problems in the early days right?

Any idea when Binance's wallet goes back up?
My transfer still went to my wallet and I can't trade right now

The wallet is working again, so calm those asses, Avax will keep increasing AF

>>28435438
WTF IT'S REAL

>>28435506

it was just bad luck with the huge transactions pangolin involved to AVAX, its a 6 months old coin, even with this problem the coin will be pumpin and the project will be growing fast

>>28432812
no they didnt

>>28435625
That's a lie. Ethereum didn't have problems, the DAO got hacked like >>28435077 said.
Also Ethereum was a pioneering platform of something that had never been done before. Avax? Literally a copy paste with some improvements that broke anyway

damn who called the curry brigade all of a sudden?

>>28435438
>turkroach tweeter handle is leet haxor
jesus christ

>>28435936
Bullish af. Autism is always good.

>>28435896
>Literally a copy paste with some improvements that broke anyway

Copy and paste from what? It's a completely new protocol. Just because it supports the EVM doesn't make it a copy and paste lol. People can create their own EVMs on it.

>>28435936
He hacked blockchains before bitcoin was a thing

>>28435645
No idea, but hopefully soon. I trie to send 2500 AVAx to my AVA wallet last night and its been stuck at processing ever since. This is a lot of money for me to just have it sat in fucking limbo.

>>28435506
I don't wtf you're talking about. I said nothing about this project you're talking about. I just explained what happened with Ethereum and the dao

>>28435896
>4600 tps
>some improvements

>>28436148
Same but my money's in the wallet. The web wallet has been working for a while again

Wallet showing 0 ballance for me. Using ledger s. FUNDS SAFU???

>>28435936
Hey subhuman (probably a FTM pajeet scammer);

EGS was corresponding with Satoshi before Bitcoin was even born. He hacked all first gen blockchains for fun to test their strength.

You... on the other hand, are a desperate FUD'der who tried their best with other pajeet discord lowlives to panic AVAX-Chads... and all you could do was a tiny tip.

Now melt your face and kill yourself.

>>28436169
4500 tps is nothing, most projects do more today
>they have subnets!
sharding isn't new
>subnets and sharding isnt the same
it is, tell me the difference fat fuck

>>28436384
no actually look at my other post u nigger i think its funny as fuck. i expect 100-200 in a few weeks

>>28425461

WHY ROLLLLLBACKKK ????
SOMETHING IS WRONG HEREEEEEEE

>>28436407
TPS scales with hardware, 4500tps is a raspberry pi 4

>>28435765
https://www.coindesk.com/ethereums-hard-fork-disruption
Shut the fuck up

Well, fuck it, I'm not going to sell.
These things already happened before in other chains. Some time ago, Ethereum had a hard fork which biztards barely talked about. I remember making a thread about it and nobody answered.
I'm now 3x over the medium investment in this coin. But without this bridge, DeFI will die due to the heavy fees.

>>28437351
Yeah, AVAX was the only chain to make an ETH bridge. I guess it wasn't the smartest people investing in AVAX anyway...

>>28431982
I swear i'm buying shitcoins based on the qts you guys post.

>>28436562
No, 4500 is the max tps speed and it's not even the whole network.
C chain for example is only about 200-400 tps.
Nice that you don't even know anything about your own investment, moron.

>>28431975
Good way to keep the dedicated and scare away the swingers.

>>28438763
It's not the max speed and you are talking about specifically ETH contracts on AVAX. Non-ETH contracts aren't subject to the same limitations

>>28425784
scammed? i doubled my money in 3 days and put it all on DOGE, truly the thinking man crypto

>>28439256
4500 tps is the max speed. The consensus cannot do transactions any faster than that.
Tell me how I know you're retarded?
Because you reply about ETH contracts which is only available on C chain which I already said has 200-400 tps. The max speed of your shitty broken and burned blockchain called AVAX is 4500 tps which isn't even high compared to other projects, but the C chain which handles ALL contracts, not only ETH contracts, can never reach that, which means you're giga cucked.

>>28439299
I was completely with you until DOGE, why anon? why

>>28439695
>4500 tps is the max speed. The consensus cannot do transactions any faster than that.
Yes it can, it scales with hardware, not just subnets but with hardware upgrades. 4500TPS is a raspberry pi
>>28439695
>Tell me how I know you're retarded?
>Because you reply about ETH contracts which is only available on C chain which I already said has 200-400 tps. The max speed of your shitty broken and burned blockchain called AVAX is 4500 tps which isn't even high compared to other projects,
4500 TPS with subsecond finality. Every other scamcoin is centralized or doesn't have the finality speed.
>but the C chain which handles ALL contracts, not only ETH contracts, can never reach that, which means you're giga cucked.
It can though only ETH contracts will run this slow because ETH is a slow network to begin with

Hey bud, here's a little info for someone on the ground who's in the trenches with this whole avax disaster. My delegation ends tomorrow, I have 5000 delegated that I put in 2 weeks ago and the second I'm able to transfer my avax tokens out to Binance I'm market selling.

This has felt like a rug even though it technically wasn't, but the fact remains this was clearly a 15 minutes of hype that had no substance to it.

What an unmitigated disaster. I know friends who were in the ICO's who've been texting me and tweeting me that they're done with this project too. So to think that this is just going back to normal, well you're out of touch and clearly on another planet.

>>28438763
Wow this is a bad look...

>>28440016
>Yes it can, it scales with hardware, not just subnets but with hardware upgrades. 4500TPS is a raspberry pi
4500 tps is the MAX TPS SPEED IT CANNOT GO HIGHER BECAUSE OF THE CONSENSUS MECHANISM YOU OBLIVIOUS RETARD. SHOW ME ANY PROOF, ANY DOCUMENT WHERE IT PROVES IT CAN DO MORE THAN 4500.
>4500 TPS with subsecond finality
No one cares, as long as it's less than 30 sec it's good, visa can take 24 hours to settle a fucking transactions
>It can though only ETH contracts will run this slow because ETH is a slow network to begin with
Nope, it's bound by 200-400 tps because it's shitty, it has nothing to do with the EVM, that's a blatant lie. Guess why no one answers these questions in the TG group even though it has been asked several times, picrel
>it is possible
see the words here? it doesnt go over 300 tps
>it is possible (in the future)
not
>yes it can do over 300 tps

>>28429119
>suboptimal
>no real sr between 41 and 33
>pivot at 20.74

Imagine thinking this fucking gibberish is of any consequence to the price, still waiting for the BTC CME gap at 3k I guess

>>28440748
>4500 tps is the MAX TPS SPEED IT CANNOT GO HIGHER BECAUSE OF THE CONSENSUS MECHANISM YOU OBLIVIOUS RETARD. SHOW ME ANY PROOF, ANY DOCUMENT WHERE IT PROVES IT CAN DO MORE THAN 4500.
Weak ass pajeet fud

https://medium.com/avalanche-hub/avalanche-a-revolutionary-consensus-engine-and-platform-a-game-changer-for-blockchain-fdac008edc35

>>28426972
so what retard? it's not an excuse
when's the last time eth or btc were not available for TWO FUCKING DAYS

>>28441035
>Medium post by Seq
This retard knows nothing about technical specifications, not only that but he has no fundamental understanding of consensus. He is just like you, an oblivious retard.
The highest they ever managed to get according to the whitepaper was 7000 tps, and that is in a test scenario, not live. Which means it's likely lower. Which is why they say 4500 tps is their max tps. Seq pulling 10000 out of his ass because he is stupid as fucking and dont know shit. Learn to read and maybe you'll get at least 3 digit IQ. Retard.

Then again, this is not for the c chain where ALLLLLLLLLL contracts live, that chain is eternally cucked beyond belief. Imagine uniswap on that chain, only being able to execute 200-400 tps compared to most other platforms today. Gigacucked

Read it yourself
https://assets-global.website-files.com/5d80307810123f5ffbb34d6e/6009805681b416f34dcae012_Avalanche%20Consensus%20Whitepaper.pdf

>>28441813
This should be required reading for all AVAX mouthbreathers.

>>28441813
guess what you faggot ethmaxi, even if it's not perfect it's literall 100x better than ETH is in practice or what ETH2 is hoping to achieve

>>28441249
>when's the last time eth or btc were not available for TWO FUCKING DAYS

Funny you should say that, I literally sent a Bitcoin that was stuck in the fucking mempool for TWO FUCKING DAYS, except it wasn't just one Bitcoin, it was my entire fucking Bitcoin stack because the rest was stuck in a change address, pending and not able to complete

Yes I appreciate it isn't the entire network going down, but when the blocks get full, the effects start getting multiplicative across the network, some getting through, many not, many stuck and tx fees ending up in stupid city, remember the amount of butthurt at the top of the market last time?

When AVAX was working, I was sending it to and from Binance instantly and for free. On average, I've had a better experience with Avax. As for fucking Ethereum, do I really need to talk about the fees, especially for swaps, which are essentially like having your pants pulled down by your computer every fucking time you want to use it?

I'm not saying AVAX is perfect, it's clearly a big fuck up, all I'm saying is that if...IF this shit starts working again with consistency, then BTC/ETH will start to bleed, big time. I'm not some fanboy who's dosed up on this shit either, I've actually got more money in BTC and Eth and DeFi, but I've absolutely fucking had it with the shortcomings of both systems.

>>>28435506
What level of copium is this?

>>28442198

> Funny you should say that, I literally sent a Bitcoin that was stuck in the fucking mempool for TWO FUCKING DAYS, except it wasn't just one Bitcoin, it was my entire fucking Bitcoin stack because the rest was stuck in a change address, pending and not able to complete
your fault for using shit services or being cheap with fees.
with avax, even if people are ready to pay 10000000000000000$ in fees, it still cannot be done
didn't read the rest obviously, fuck off.

>>28439299
doge already played out
it's over

>>28442016
>not perfect
Fren, your network is broken. Cooooooopeeeeeeee

>>28436672
So it was a nothing burger did you read the article

>>28440455
Gayest, weakest fud I’ve seen all day

>>28442358
eth2 will have a rollback, screencap this

>>28442313
>being cheap with fees

It wasn't even half the top rate you dumb cunt and why should that matter? The problem is block space, you wouldn't understand that either, because you're a dumb cunt.

Let me wait for Lighting Network I guess...lol

>>28442517
How long did you stake for moron?

Just buy DOT and enjoy life again

>>28442631
None, sitting in my binance and I’m not selling because I’m not a fucking retard

>>28442586
didnt read unfortunately for you, g0 b4ck t0 r3dd1t

Sirs please. I have invested in this coin on behalf of my village under the guidance of vishnu. I was told we would eat for many moons. Will there be selling or mooning when the bugs are squashed.

>>28442744
>not selling
>not a retard
Pick one anon

>>28443465
See you at $70 in 3 days

What the fuck to do then?
No loss so far but im getting fudded and on the verge to sell. Buy back in when it goes back to normal

>>28443530
HAHAHAHAHA. Dude you can't be this stupid. Whales can't even dump yet because exchanges have deposits disabled. Enjoy getting your knee caps broken

I'm curious how AVAX team took the network offline, that hints at centralization. Is this a feature to automatically halt on an error?

Why did they take the wallet offline? Is there ever going to be an offline wallet?

If they were aware of this bug, even at low probability, why didn't they fix it earlier?

>>28443948
Also, sure there have been attacks and bugs on other chains, but honestly the measures they're taking to fix it kinda sucks more. No access to coins, makes me wary of the future.

Bros why wont this thing fucking crash already??? This is absolute garbage I want to get my stake in before it hits 100 this month

>>28443622
Honestly, I sold and am waiting for a dump due to the this hiccup. I fear when people can access their wallets they will sell. Planning on buying back cheap.

>>28444154
People trying to keep the price up so they can dump their bags when they get theirs coins in Binance

>>28440748
Nigger you make no fucking sense. Subsecond finality is fucking essential for a proper DeFi exchange.

>>28444142
>>28443948

They're alleging that the halt was a built in feature that reacted to the encountered erroneous block

Dunno about the wallet situation but the Ledger Nano app will get approved for use in Ledger Live and then at least there's a working wallet there

DONT EVER CALL OUR PROJECT AVA

>>28443622
if you can at least get your original investment back. thankfully I didn't have all my funds on the avax wallet so I sold 20 that I had and I'm letting the rest ride out. I'm still in this for the long run but at least it will help me sleep better tonight lol

>>28431314
Turkish KEKS fucking cuckroach scam why did i stake this third world shit

>>28444701