/biz/ - Business & Finance

>>51306844
Si señor, entiendo que pueda tener dudas sobre la efectividad de un mexicano. saber algo? una bolsa de takis de tamaño familiar puede traer mucha alegría y alegría al pueblo. por favor haga lo que sea necesario señor. no redimir. muchas gracias señores y señoras. por favor no canjear.

>>51306891
Tortillas burrito jalapeno por favor

>>51306891
>Yes sir, I understand that you may have doubts about the effectiveness of a Mexican. to know something? a family-sized bag of takis can bring a lot of cheer and joy to the village. please do whatever it takes sir. not redeem thank you very much ladies and gentlemen. please do not redeem.

What does it mean

No one cares about your shady ass roach coin anon. We hold ETH and MATIC. The true GMI networks.

>>51307241

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Also the withdrawal system will be implemented as a queue to limit the amount of ETH that can be withdrawn per day,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.

>>51307515
all bullshit

they traded security for speed like all the other faggot chains.

fuck off with that bullshit faggot. the merge is coming, and it is coming for you too.

>>51307532
>no arguments, just anger

lol I wonder why

>>51306844
hello nigger I have LUNC

>>51306844
Genuine question, why invest in AVAX? What's something you'd day AVAX can do that no other chain can?

>>51307532
shared security aka no fault isolation

>>51307618
Nothing, it’s just a ledger for trading tokens like every other shitty l1 eth clone.

>>51307618
Novel consensus and subnets

>>51307618
You can buy 200 AVAX (or more) and delegate it for 9%.

>>51307699
Every other coin has "novel consensus", you have to elaborate on what exactly it can do that other chains can't do for it to mean anything.
>>51307732
I'm asking seriously tho, I'm trying to invest in technology. Not gamble.
>>51307681
That's the impression I get, especially because their threads don't say anything meaningful which is the ultimate marketing scheme filter for me, but I figured I'd ask and be proven wrong.

>>51307891
>Every other coin has "novel consensus", you have to elaborate on what exactly it can do that other chains can't do for it to mean anything.
Just read this my guy https://medium.com/avalancheavax/avalanche-consensus-101-99c68a3e3159

>>51308114
Trying to get bullet points, not read documentation, I'm researching many chains and don't have time for that. If you actually understand what makes AVAX special on any level of its design whatsoever and want to talk about it feel free to, would be appreciated. Again I want concrete benefits of the design, not abstractions that I can find on every other project. Thanks

>>51307891

If you're interested in what's going on under the hood then check out CryptoSeq's account on Twitter and look up Avalanche. You can also see what he says about Solana, ICP, Polygon and other shitware that claims to be the bee's knees but are pretty much just scams.

>>51308358
Looked him up, couldn't find anything relevant. Saw him mentioning marketing points like that AVAX has capped supply or saying that ICP needs 6 nodes to collude to break the chain. I'm already done with SOL and Polygon (I don't think there's any merit to their tech) and looking for new prospects, I'd come back to this thread later to see if anyone was able to answer my question, I don't find a capped supply very technologically interesting or sufficient for me to invest, nor do I find a high yield interesting as I'm not gambling, good luck anons

>>51307532
Have a source there buddy?
Or are you merely coping :)

>>51308114
He's not actually here to learn dumbass, just another midwit feigning ignorance and filtering themselves.

>>51308631
https://cryptoseq.medium.com/unlike-other-blockchains-avalanche-doesnt-sacrifice-decentralisation-to-achieve-higher-64f2cca06d9b

He has some good articles on Avalanche, you should read them. The difference between Avalanche and other networks is that Avalanche increases in decentralization as it grows.

https://kabat.substack.com/p/how-consensus-and-data-availability

This is also a good article to read as it compares the scaling solutions available to blockchains, with two different alternative approaches. And how these chains are building scalable decentralized networks, not compromising and centralizing like 100% of everything else.

The crypto market will probably get ass ravaged, AVAX could go to anything, who even knows. Dismissing it as the same as everything else and not trying to understand it to properly asses the potential opportunity would be a horrendous mistake.

>>51308631

I feel like it's fairly basic information at this point about avalanche, but it's such a huge breakthrough because the consensus allows the network to have hundred of thousands or even millions of nodes all validating the same chain in a completely permissionless fashion and there is no meaningful impact to throughput and only a marginal hit to time to finality, of which avalanche is the fastest to date already at sub 1 second. No other network has the ability to be as decentralized as avalanche does. The other crazy thing about avalanche consensus is that it effectively removes the bottleneck on throughput that consensus has for literally every other chain, nakamoto is very limited in throughput and classical consensus tops out at around 1000-1500 and rapidly degrades with more nodes in the network. Through subnets you can effectively think of avalanche as consensus as a service. The execution environment, database structure, even sybil resistance method (PoW vs PoS) are all arbitrary. It can run solidity, rust, web assembly, move, blah blah blah whatever bullshit fad or trend is hot and it can do it faster and in a more decentralized manner than whatever said underlying hot meme garbage chain can.

>>51308344
I love how avalanche is supportive of its ecosystem participants particularly on projects like GameStar+ as they are set to bring board games to the blockchain. Avalanche always identify good prospects and that's what I like about them.

aVAX is a fork of evm without meaningful improvement other than some dag-based consensus that breaks down under amdahl's law. snowman consensus can quickly create lots of purposeless empty blocks but it doesnt scale more than any other chain. custom subnets do not benefit from shared security, yet they are required to stake avax and validate mainchain without fair compensation. it would be wiser and easier to write a blockchain from scratch than trying to understand normie minds while pumping their bags.
https://docs.avax.network/subnets/create-a-virtual-machine-vm

>>51314103
>avax is a fork of evm
>links to avax documentation for building a custom vm
kek

>dag-based consensus
consensus is not tied to the data structure of the VM. simple proof of that is the P and C chains are not DAGs while the X-chain is a DAG.

>Amdahl's law
>a law showing how much latency can be taken out of a performance task by introducing parallel computing
nothing to do with AVAX or crypto in general. subnets/chains are not parallelizing computation across validators/miners. In fact, they are basically doing the opposite, each validator runs each chain's computation themselves for massive redundancy. laws about the limitations of parallelization have nothing to do with anything here.

>custom subnets do not benefit from shared security, yet they are required to stake avax
wrong, it's the validators that are required to stake avax because they are part of the primary network. a subnet simply needs to attract a number of pre-existing validators to validate their subnet. It's a simple economic model, if your subnet is worth validating(validation rewards > computational cost/storage) then validators will validate it. It's up to each validator to decide for themselves which chains are worth it, so that means someone running a cheap laptop validator on their home network will naturally not want to validate a high-throughput state-bloated crab games, but will still be incentivized to validate something like a high-security payment subnet. AVAX let's the validator market decide on a subnet by subnet basis the ratio of decentralization to computation/state bloat.

>>51307515
why I like avax over eth

>>51314103
stop bullying slimes
https://twitter.com/dominic_w/status/1563313288733020169

>>51316982
>consensus is not tied to the data structure of the VM
avalance is a dag consensus and generalization of snowman which is the simpler block-based consensus

>>51306891
Awebo que chinguen a su madre los gringos, taco taco chile ay ay ay

>>51317036

>>51317382
Based abstract and grotesque AVAX pepe poster

WHERE THE FUCK IS THE ANNOINCEMENT EMIN!!

>>51307515
damn nice summary
would be badass if you could actually build something other than a defi scam on Avax

>>51307532
>Traded security for speed
Lol incorrect. Blockchain trilemma actually solved . No one else has or can do it.

>>51306844
Hello, I also hate avax, but FUCKING LOVE HIROKI, ETH BRIDGE SOON
0x5dc1962bece0f0753268604a8d7f3e89a16ae851
@hirokicommunity

>>51314103
>Shared security
>Shared
>Security
Choose one.

Avax is literally technically unfuddable. The only reasonable fud is that emin is a fucking tool which is fair.

not so fast anon

>>51318334
Comfy holding hiroki instead of shitty Avax

>>51317980
Only 2 more weeks!

>>51318502
Fuck off Polyjeet

>>51317122
>avalanche consensus(X) is a dag-optimized consensus and the general form of linear-chain-optimized snowman consensus(C,P)
technically true, but if you really want to get technical then all blockchains are DAGs, they are just simple linear DAGs where each vertex has at most one forward directed edge. But you don't see me calling BTC a DAG because it's obvious when we say DAG we mean everything except the simple linear version. My point still stands that the P and C chain are not DAGs. The X-chain was kept as a DAG because it's a simple transaction only chain where using a DAG makes total sense.

>>51307515
You missed a point
>On-chain anonymous trades/swaps is possible on Ethereum. Yet to see that happening on Avalanche

>>51307515
Personally, I'd like to see privacy enabled on Avalanche. Railgun seems to be the only one talking about it.

>>51317000
Whatever you like or don't like has to be informed based on hard facts, you know.

>>51307681
Retard. Myopic point of view

Hey niggers, i have 1 (one) AVAX

i wouldn't flex holding avax that only gains value from suing their competitors trying to bring them down. i would flex holding MATIC that's literally working on unifying blockchains to build the future of the crypto market

>>51320186
With the magic of Zk-Snarks utilised in building multi-chain composable smart contract privacy protocols, It's only a matter time before AVAX chain is covered.

>>51320275
>hard facts
One hard fact is that ethereum soft censors transactions by having a $100 usd transaction fee to trade $20 worth of coins. Ethereum makes a lot of hoopla about running a node on a laptop to promote decentralization but misses the point that if the average person cannot pay for a transaction, your blockchain has failed

>>51320640
>niggers
n-word used

>>51306844
Kek. AVAX sucks bad

>>51314103
Another retarded mETH head take.

>>51321417
lmao Avax 1.5 tps
fucking scam shitchain

my avg is 80, will I make it?

>>51321885
>The speedometer on my ferrari says I'm only doing 15 mph
>fucking scam shitcar

>>51306844
I have anal fungi in my asshole but u don't see me posting about it

>>51306844
Hello brotha I also have AVA, knowumsayin?