/biz/ - Business & Finance

Same

the white man's token

>>53071611
>>53071577
Checking these digits. Avax is the only way crypto gets mass adoption. Eth is fundamentally broken. We have the white man's burden of saving an ungrateful world and crypto market chads.

2023 is gonna be the year of the Avalanche

>I have 50% more avaxxxies than I wished to just few months ago.
>Still can't relax.

>>53071577
>>53071611
>>53071655
Blessed thread

Redpill me on Avax.

>>53071696
The only reason I keep it is this tweet being pinned to Emin's account. I fucking hate academia and anyone who is talking against it is based.

>>53071696
Emin Gün Sirer:
>Cornell CS Prof has been in crypto since BEFORE BTC (Karma2003)
>exCo Director of IC3 joined up with Ted Yin and invented Avalanche Consensus
>close partnership with the Chainlink team
>Vitalik endorses EGS & acknowledged Avalanche is a Breakthrough on par with BTC
>is for decentralization and Censorship resistance
>el33th4xor that farms gigabrains from top unis

Avalanche protocol:
>third consensus protocol after Nakamotos PoW & Classical
>basically consensus is reached by probabilistic sampling thousands of independent nodes over multiple rounds
>This is not repackaged shit with minimal tinkering here and there its a completely new type of Consensus Protocol
>4500+ REAL TPS (no bullshit tricks, batching, or centralized L2)
>can scale to MILLIONS of Validators while maintaining high tps & sub second finality
>highest Nakamoto coefficient
>Node hardware requirements are low
>Resists 51% attacks (would need 80%)

Tokenomics & Profit:
>hardcapped
>AVAX needed for staking on nodes & delegating to nodes
>needed to participate in governance of the network
>fees are burned (also when Subnets, Blockchains & other assets are created)
>9% APY + delegator reward% + Subnet Rewards
>only requirement to receive the rewards is 90% node uptime

Subnetworks:
>subnets can be launched on Avalanche with near infinite customization
>"Blockchain as a Service" to tokenize all the Assets in the World
>Chainlink Subnet is in the works but also 900 other subnets from gaming to finance to CBDCs to payment providers everything is possible on Avalanche
>AVAX node may be a member of many subnets & earn additional rewards from them all!

Full EVM support:
>All ETH infrastructure can work on AVAX out of the box
>C-Chain (EVM) Subnet is constantly improved
>C-Chain mirrored the best parts of the entire ETH ecosystem and improved on many ideas giving it all the TPS, scalability, speed and interoperability that it needs for the next stage

>>53071696
>>53071727
The Chainlink Subnet will be Huge, basically Chainlink can launch their own high performance Subnets dedicated to all kinds of oracle information.
They get Complete isolation of their activity away from competing Dapps and maintain fast sub second finality and low fees and thanks to the new trustless Subnet to Subnet Warp messaging technology that Ava Labs cooked up they can make all that Oracle information available to any other Subnet no matter what VM they run, that makes Bootstrapping any Blockchain and trustless Datafeeds a matter of minutes while also massively reducing the costs.
It would also give the Chainlink Token an additional Staking usecase as Chainlink will have many different Subnets and some of these Subnets would be open to any Avalanche Validator.
These Validators will need to Stake LINK with AVAX to validate that Subnet and maybe have other requirements like KYC or additional Hardware requirements.
Scaling the Validator set also increases performance, safety and gives Chainlink more decentralization. its a true win/win situation here.
AVAX Bros and LINK Marines working together, a beautiful sight to behold.

>>53071727
I'll buy at 3 cents like the VC's did. The ones that have been dumping it the entire year down 90%.

>>53071772
AVAX never got sold for 3 cents you fucking jeet, that's Söylana

>>53071789
Oh is it Roach Freedman dumping their coins, the ones they were paid with to go and sue all the Avax competitors?

Fuck off with your roach scam chain dickweed.

>>53071819
>It's another Icypeepee bagholder
Yikers

>>53071772
Initial allocations were almost criminal. The rug won't be cleaned anytime soon.

>>53071829
>can't refute anything
>yikes

>>53071772
>>53071819
>>53071874
dis you?

>>53071727
>>53071766
Lets compare ETH staking to Avalanche staking:

>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.

>>53071577
It'll be interesting to see whether GameFi can take off. I'm not a gamer, but some of the games look like they might actually be fun to play, instead of just DeFi ponzi schemes in disguise. Plus AWM would make it easier to move NFTs and Tokens.

>>53071901
no my average is 4 dollars
took a while to recognize icp is clearly the best tech in the space
how much is emin paying today?

>>53072005
there is more Gaming Subnets coming
another one announced yesterday
https://twitter.com/DOS_Chain

>>53072034
lmao dat baggie cope

>>53072034
That's good for you, but why do you always feel the need to shit up these threads? No one even mentioned Icypeepee here.

>>53071727
3 billions marketcap

>>53073106
soon 300+ billion mcap.

>>53073476
How soon is it? My bags are heavy and my arms are getting tired.

>>53073539
Only 6 more years!

>>53071577
...nigger[?]

>>53072034
>$734.50 confirmed

kek

>>53073539
you didnt buy the AVAX ICO?
I'm still deep in the green.

iCO bag holder here, never sold, see you at 400$ in a few years

>>53074172

I like how the legs aren't even mounted correctly on this piece of shit robot, actually an excellent analogy for Avalanche and its hamfisted multi-chain UX

>it's easy you just gotta go to x-chain for transactions then p-chain to stake and then you gotta c-chain for the defi oh no wait you wanna use an app there's a chain for that so you gotta bridge onto that

>>53075792
>in a few years
you mean next year

>>53075868
>it's easy you just gotta go to x-chain for transactions then p-chain to stake and then you gotta c-chain for the defi
literally 2 clicks

>>53075871
Nope, i dont think so, imho 2023 is the year we crabin', 2024 & 2025 we hard pumping

>>53076104
>imho
>2023 is crabbing
Buy signal

>>53076104
>>53076837
2023 is the year of the Subnets.
The Golden Subnet Bullrun.

Avax will be below $9 in 23.
Possibly going back to $5. I'll get a bag then.

>>53072005
Gamefi definitely has potential with the way they integrate NFTs and the metaverse for a thrilling experience. One I have seen good innovation in is the Cloudbreakers which gives holders access to draws

>>53077048
I have 2000 AVAX, think can I make it before society collapses in early 2024?

>>53078694
yes and millionnaire by 2030

>>53078694
when society reboots, its into Subnets.

>>53076837
No doubts Chad as its never a bad time to accumulate. I have a target for 20k Avax by February alongside accumulating based income from staking RIDE and CRT on the Maiar Dex

extremely bullish
https://youtu.be/aB6n49Bcstg

avalanche has literally done shit this year compared to polygon that had the biggest partnerships, entered the top 10, insane ecosystem growth, developing new technologies...

>make it stack on voyager

Ok i'll bite and buy some in the next year
what's the Make it and Sui stack?

also price predictions for the next 1 or 2 years?

also, knowing Matic is cheaper..why shouldn't i buy it instead?

i'm looking for profits here frens

>>53081898
500 sui, 2000 make it. Matic is cheaper because of the supply, the important thing to look at for price predictions is the market cap. I think the question next bull is whether it tops at 3 or 4 digits.

>>53080769
What technologies?

Polygon tech is objectively dogshit. completely centralised yet still goes backwards every single day, and the whole value of the chain relies on trusting a 5/8 multi-sig

>>53071577
Fuck this crab dumping piece of trash coin. Going down faster than you can say double spend.

bump

>>53078267
I imagine the Gaming subnets will be heavily botted, and there'll also be warehouses full of indians playing them. AWM makes it possible for Chains to have low transaction fees and also store their liquidity on the C-Chain. There's also a direct "decentralized" path to ETH or BTC via the bridges. It could be like mining.

>>53084706
Looks way too western fren, go back to Japan

This isn’t exactly a AVaX question but I’m curious to hear some thoughts. When L2s have to decentralize, they will also have to send consensus messages. Doesn’t this essentially turn them into full L1s that just bridge to ETH L1? What happens to their performance they all the sequencers have to share consensus? Are we just going back to square one? I can’t be the only retard that has thought of this.

>>53086792
ok, which one is your favorite so far? (if you have one)
>>53086924
>When L2s have to decentralize
They will never decentralize and even if they tried they cant go above 100 Validators.

>>53086924
>Doesn’t this essentially turn them into full L1s that just bridge to ETH L1
always were

Should I start accumulating?

>>53080545
That’s bullish to you? Jesus Christ. AVAX fags are incredible. EOS tier excitement