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/biz/ - Business & Finance


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File: 53 KB, 1125x938, MATIC:ETH.jpg [View same] [iqdb] [saucenao] [google]
51244591 No.51244591 [Reply] [Original]

I’m basically loading up on ETH and MATIC
>why I’m buying ETH:
Ethereum has proven to stand against the test of time and the merge will open up so many new opportunities since power consumption will reduce dramatically and more companies and institutions can now start using it for their Web3 identity

>why I’m buying MATIC:
A misconception is that the merge will make fees lower. this is false. Nothing will reduce gas fees on Ethereum itself.
The merge will however pave the way for Sharding which will give L2s a huge boost in throughput.
Polygon is by far has the best tech between all other L2s.
They have 8 multipurpose Ethereum scaling solutions
They also launched the Polygon Avail testnet yesterday which will help Ethereum drastically reduce gas fees by storing data off-chain and then presenting only the data needed at the moment.
They’re also the first to develop an open source zkEVM
And to top it all off, MATIC has proven to the best performer between all other L2s on the market

>> No.51244603

>>51244591
>ETH
>MATIC
GTMI

>> No.51244620

>>51244591
matic is a decentralized scam
if im going to invest in any L2 its going to be optimism

>> No.51244633
File: 28 KB, 780x438, pepe.jpg [View same] [iqdb] [saucenao] [google]
51244633

>>51244620
you do realize that Optimism is way more centralized than Polygon is right?

Optimism has a single point of failure meaning that their sequencer is centralized and everyone is susceptible to losing their funds if said sequencer get sanctioned or harmed in any way possible

at least Polygon's sequencer is decentralized

>> No.51244638

>>51244633
This isnt reddit faggot
No one here understands anything you are saying

>> No.51244642

>>51244638
this is why this board is dying

>> No.51244667

>>51244638
not really. youre the dumb faggot here. i know exactly what anon is talking about and its actually a very serious problem that not many focus on
its literally false advertisement. optimism is NOT decentralized by any means. in fact i might even agree with anon on polygon being way less centralized than optimism is

>> No.51244674

>>51244591
But what makes you think that the merge is going to make ETH pump? Youre just assuming at this point lol

>> No.51244709

>>51244674
>youre just assuming at this point lol
oh yeah you're right, why would a major blockchain with the best and most used dApps out there experience a pump after getting a major upgrade that will make it much easier to build on it?
you're seriously very stupid

>> No.51244726
File: 132 KB, 1047x1034, lamopepe.jpg [View same] [iqdb] [saucenao] [google]
51244726

>>51244591
POV: its EOY and you bought MATIC at sub $1 today

>> No.51244744

>>51244620
that one time when Optimism promised they'll never release a token
>releases token anyway

>> No.51244750

>>51244633
>>51244667
>>51244744
why does /biz hate optimism?

>> No.51244762

>>51244591
>Not buying fantom instead

>> No.51244764

>>51244591
>Ethereum has proven to stand against the test of time
that was only because of the Miners.
>and the merge will open up so many new opportunities
it opens it up for more centralization, censorship and other BS nobody really needs or wants.
>since power consumption will reduce dramatically and more companies and institutions can now start using it for their Web3 identity
Ethereum still cant scale, the merge changes nothing.

Matic is a shitty L2 thats secured by a multisig and if 2 nodes fuck up its over, its also made by streetshitters.

Better dump those MATIC and ETH bags and get some AVAX instead. much better platform and actually solves the scaling problem.

>> No.51244765

>>51244750
because theyre fucking liars
>>51244591
based. bought $4k MATIC yesterday

>> No.51244774

>>51244762
also centralized with already dying DeFi.
>>51244750
centralized shitty L2.
>>51244726
dont fool yourself, constant reorgs, being extremely centralized and made by jeets.
your POV will be the same shitting street as ever.

>> No.51244782

>>51244774
Fantom will win

>> No.51244784
File: 207 KB, 1124x2206, IMG_7976.jpg [View same] [iqdb] [saucenao] [google]
51244784

>>51244762
hey anon

>> No.51244787
File: 145 KB, 600x600, 🔺🔺🔺🔺.jpg [View same] [iqdb] [saucenao] [google]
51244787

now lets compare ETH2 to Avalanche:

>ETH staking withdrawals will not be available right away
Avalanche withdrawals are available since Mainnet launch YEARS ago
>The current plan is to deploy the withdrawal functionality in a software update 6 mo - 1 year after the Merge.
essential stuff like this was never missing on Avalanche, this means you have to stake ETH for up to a year, maybe even longer while on Avalanche you can Stake for 2 weeks minimum or 1 year maximum or anything in between.
>The current projected income rate (for ETH) is around ~4% APY
Running an Avalanche Node has a proven 9% - 12% APY (paid in AVAX) since Mainnet Launch 2 years ago.
If you run a Node you get Staking rewards, % of your delegators rewards and Tokens from validating several Subnets. (The Golden Subnet Bullrun has not started yet).
>Also the withdrawal system will be implemented as a queue to limit the amount of ETH that can be withdrawn per day,
there is no queue on Avalanche, its instant, sub second, its finalized faster than you can press F5. thats all transactions or smart contract interactions on Avalanche, even when you go crosschain between X Chain and P chain and C chain and other Subnets its instant. Sub Second finality.
>Transactions take 14+ Minutes until they are finalized
I repeat: on Avalanche transactions are almost instant.
>Ethereum has Slashing which means you can lose your stake due to a Hardware or Software bug
No such thing as Slashing on Avalanche.
>ETH2 has Censorship at the Protocol level as all validators are ran by Kiked corporations
on Avalanche you have independant Node operators.

tl;dr if you want low risk staking where you dont get fucked you stake AVAX instead of ETH.

>> No.51244793

>>51244782
its centralized outdated tech and cant scale, it will not win anything.
sorry to tell you nigger, its time to divorce your shitty bags.

>> No.51244794

>>51244591
wow how creative. unfortunately you are 3 years too late to profit from this narrative. nice try. better luck next time baggie

>> No.51244817
File: 27 KB, 400x400, rip.jpg [View same] [iqdb] [saucenao] [google]
51244817

>>51244774
Polygon
>has one of the highest DeFi TVL in the marke, exceeding Avalanche, Solana and Cardano
>has 8 multipurpose Ethereum scaling solutions
>is developing the first ever open source zkEVM
>has partnerships with major billions dollar companies like Facebook, Disney, Coca Cola, Stripe, Bentley and many more
>has held up better than many other alts in the market
>has more liquidity than all other competitors (go check for yourself)
>doesnt have an impending lawsuit that will fuck the founders, the devs, the tokens holders and the entire chain (pic related)

>> No.51244826
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51244826

>>51244787
imagine typing all of this and having a faggot like me reply to you with the words "dont care, enjoy the lawsuit"
cope, seethe and dilate

>> No.51244838

>>51244787
isnt Emin going to jail tho?
>>51244826
top kek

>> No.51244842

>>51244817
>is centralized
>has 100 block deep reorgs all the time and is basically a glorified multisig made by a streetshitter from Mumbai
yea no ngmi sandeep.

>>51244826
you cant refute anything because ETH2 staking is pure dogshit while Avalanche has without a doubt the best Staking mechanism in the market.
>cope, seethe and dilate
thats what you did.
>>51244838
>isnt Emin going to jail tho?
nope it was just manufactured FUD from a salty competitior.

>> No.51244844
File: 235 KB, 1124x1137, avax camp.jpg [View same] [iqdb] [saucenao] [google]
51244844

>>51244787
hello AVAX cuck
How is the Turkish Lira doing? is the $200/month that Emin is paying still enough to cover living expenses?

my personal advise for you is to sell your AVAX and buy some MATIC instead. Polygon has the superior technology, the funding and building teams that AVAX lacks so badly

Also move out of Turkey while you still can or else you'll end up having to serve overpriced Shawarma and Sujuk sandwiches to tourists who you hate

>> No.51244865
File: 27 KB, 360x346, kekies.jpg [View same] [iqdb] [saucenao] [google]
51244865

>>51244787
>>51244842
WOW! AVAX is an amazing chain! WAW! i love AVAX
it would be really sad if a crab game crashed the entire chain and had gas fees go all the way to $14
oh wait........

>> No.51244869
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51244869

>>51244844
If we insult you sandeep, then you take it as a blessing you streetshitting nigger.
also its funny that indians are making L2s when they havent even figured out what indoor plumbing is.

>> No.51244879
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51244879

>>51244784
Both matic and eth have this kind of chart
>>51244793
Dyor faggot

>> No.51244891
File: 63 KB, 1024x1024, 16578664934031.jpg [View same] [iqdb] [saucenao] [google]
51244891

>>51244787
literally everything you types makes no difference because avalanche is a scam chain that double minted and called it "bug"
>>51244842
>nope it was just manufactured FUD from a salty competitor.
the nigger was caught on tape bragging in front of a potential customer while being fucked up drunk.
two people never lie. babies and drunkards

>> No.51244890

>>51244865
Avalanche is doing more than twice the transactions of Ethereum and its L2s right now and doing this with sub second finality and low fees.
The Crab game and all the other Games are now scaling out into their own Subnets.
>>51244879
>Dyor
I did, its centralized and a dying ghostchain.
its not gonna make it.

>> No.51244894

>>51244869
indoor plumbing is globohomo bullshit

>> No.51244911

>>51244891
>double minted and called it "bug"
the bug was resolved 2 years ago.
get new FUD nigger.
>the nigger was caught on tape bragging
has nothing to do with Emin and Ava Labs and they didnt do anything illegal.

>> No.51244914
File: 257 KB, 860x880, 10-39-30-1626839195319.png [View same] [iqdb] [saucenao] [google]
51244914

>>51244890
Ok then

>> No.51244920

>>51244890
listen here you fucking nigger faggot
you can talk about ANYHTING you want but dont fucking dare mention daily transaction you gay nigger slave
daily transactions on Polygon OBLITERATE those on Avalanche
this comment that you made shows how dumb, retarded, and slave compelled your mentality is
kill yourself and make it very slow too
i promise you no one will give two fucks

>> No.51244937

>>51244911
>the bug
you mean the scam?
>was resolved 2 years ago.
so it still happened
>has nothing to do with Emin and Ava Labs and they didnt do anything illegal
ive never read this much cope in my entire life
did you even watch the videos?

>> No.51244941

>>51244920
>daily transactions on Polygon
are fake and gay and its not impressive because its CENTRALIZED you dumb nigger streetshitter.
follow your own advice and drown in the ganges. I promise you your dad wont care and just shit next to your rotting carcass.

>> No.51244943
File: 68 KB, 1000x561, 49900735-4d03-462b-807f-47aa21ea2175.jpg [View same] [iqdb] [saucenao] [google]
51244943

>>51244911
>the bug was resolved 2 years ago.
get new FUD nigger.

>> No.51244951
File: 10 KB, 200x250, seethe harder.jpg [View same] [iqdb] [saucenao] [google]
51244951

>>51244941
>>daily transactions on Polygon
>are fake and gay and its not impressive because its CENTRALIZED you dumb nigger streetshitter.
>follow your own advice and drown in the ganges. I promise you your dad wont care and just shit next to your rotting carcass.

>> No.51244952

>>51244937
>you mean the scam?
there is no scam.
>so it still happened
it was a minor bug in which no funds were lost.
>did you even watch the videos?
taken out of context and full of made up claims.

>> No.51244956

>>51244952
>minor bug
he literally double minted LMAAAOOOOO

>> No.51244974

>>51244951
>got BTFO so hard he start wojakposting
>no arguments
kek
>>51244956
constant deep reorgs like poolyjeet has all the time is way way worse than a minor bug that was resolved years ago. LOL
but nice copes anyway.

>> No.51244975

>>51244941
>calls anything "fake" when presented with facts that go against his narrative
expected from a AVAX nigger like you

>> No.51244984

>>51244975
>2 jeet nodes go down
>your funds on poolyjeet are forever lost
great system you got there streetshitter.

>> No.51244992
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51244992

>>51244787
>>51244842
>>51244869
>>51244890
>>51244911
>>51244941
>>51244952
>>51244974
hey avax bro? im not feeling too good
what should we do bro?

>> No.51244997

>>51244992
oh god look at that 90d juice

>> No.51245007
File: 59 KB, 300x300, crabada?.png [View same] [iqdb] [saucenao] [google]
51245007

>>51244984
hey, remember me?

>> No.51245031
File: 38 KB, 705x686, b7e9be93-44e2-42c6-b989-8e5569e4ac6a.jpg [View same] [iqdb] [saucenao] [google]
51245031

>>51244984
anon? pic related (>>51244992) doesnt make your argument too compelling
i thought AVAX was superior. why is it so far behind anon?

>> No.51245038

>>51245007
what about it?
why are Streetshitters so obsessed with Crabada?
>>51245031
it will catch up, dont worry nigger.

>> No.51245159

>>51245038
>what about it?
crashed the chain and sent has fees to $14
>why are Streetshitters so obsessed with Crabada
first of all learn how to type before shitting on indians
why are Turkfags so obsessed with the Sunflower game?
When Polygon was faces with a DDOS attack similar to that of Crabada, they still managed to keep gas fees WAY below $1

>> No.51245176

>>51244591
Coins/tokens that directly profit from Ethereum going over to staking:
>ETH
>LDO
>RPL
>SWISE
>SSV

>> No.51245236

>>51245159
>crashed the chain
never happened, C-Chain still worked
>and sent has fees to $14
Crabada has its own Subnet now.
Fees on the C-Chain are low again.
>first of all learn how to type before shitting on indians
learn how to shit into a toilet you dumb nigger.

>> No.51246908
File: 286 KB, 1420x916, matic-devs.jpg [View same] [iqdb] [saucenao] [google]
51246908

>>51244591
>And to top it all off, MATIC has proven to the best performer between all other L2s on the market
Cope harder, Rapesh. It's going to zero. Polygon (Ticker: MATIC) is a jeet scam-coin straight from the shit-stained streets of New Delhi. If you bought this coin, sell now or enjoy getting gang-raped by Rankesh and Vikram while your life savings are drained through the Aravali range of Eastern Rajasthan.

You should never, and I repeat, NEVER trust ANYTHING these disgusting poo-skins create. They're dirty, smell terrible, have no hygiene, are black, have feminine voices and always act like faggots. Like, you can tell they're dirty fucks with probably some extremely disgusting fetishes and depraved minds, that has to be true considering their disgusting appearance and behaviour. They live in terrible conditions, shit in beaches and streets, eat unsanitary food that looks like sewer water from the same streets they shit on. Let's also not forget how many Indians live by stealing money from the elderly of rich, white countries, and flex their shit stained rupees attached to their brown, horrid skin. I hate them.

>>51244620
>matic is a decentralized scam
This

>>51244726
Fuck off curry boy

>> No.51247082
File: 185 KB, 1080x1141, IMG_20220903_190537_131.jpg [View same] [iqdb] [saucenao] [google]
51247082

>the merge will open up so many new opportunities
Yeah I'm sure it will

>> No.51247432

>>51244633
Polygon's multisig is literally controlled by 1 person who's anon lmfao.

>> No.51249018

>>51244914
Made a shit ton of money with BOMB. I started the first big rug, as soon as I sold, everyone started selling. Good times.

>> No.51250976

>>51246908
You have so much hate it's not possible you are a bot. Thanks for the laugh.

>> No.51251210

>>51244591
>institutions can now start using it for their Web3 identity
Thanks to ORE, institutions can manage multiple identities peculiar to web3 through a single account and ID.

>> No.51251235
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51251235

>>51244817
Based. I'll add a point
>Recently supported by Open Right Exchange blockchain to limit the entry barrier to adoption of the technology through simplified authorization standards for developers

>> No.51251899

>>51244943
Such a low effort FUD attempt that was

>> No.51251916

>>51245176
How about Vechain, Uniswap and ORE protocol? How do you think the transition will affect them considering how vital they are to the blockchain

>> No.51251953
File: 80 KB, 800x849, 290122223y43.jpg [View same] [iqdb] [saucenao] [google]
51251953

>>51244591
>Web3 identity
Best time for web2.0 bridges facilitating the transition to web3.0 to come up and deliver