/biz/ - Business & Finance

>>54439562
Only Icp faggot

First, why isn't Bitcoin in your meme image

Second, Chia actually offers a novel proof algorithm, and the programming language is the only one I've seen that i think has a shot at being used for real applications. Chia is also the most distributed at this moment. The fact that the chia organization doesn't hype it like other shitcoins makes me believe it will be around in ten years.

Curious what people can say about these blockchains. Which one will run an application that provides real value outside of unregulated gambling?

my rabbi tells me the tribe switching to kaspa now at 700m mcap which is approx. 3x your chia scam coin. Plus no 21 million coin premine to weigh it down.

Avalanche is based

>>54439625
>why isn't Bitcoin in your meme image
it's clearly Smart Contract L1s only
Chia offers nothing
>>54439695
kaspa is not a Smart Contract L1 you fucking retard

>>54439625
>First, why isn't Bitcoin in your meme image
Because I genuinely don't see Bitcoin ever adopting the stuff needed to be genuinely 'programmable money.' It's going to be slow and largely unused blockchain for anything other than 'store of value.' Something else I think will get the adoption to get actually potentially used by corporations and governments

>>54439562
>Chia
LOOOOOOOOOOOOOOOOOOOL this Pajeet scam is STILL being shilled on /biz/?

>>54439574
Can you explain why ICP will be used?
>>54439717
What's great about AVAX that will lead it to large adoption?

>>54439562
Given that part of the crypto industry is being competitive with banks, I imagine that L1 will temaon used but become will be at-cost for transactions meaning there will be no profit in it.

That's what open source is meant to be for anyway. The point is that it's a program and if it no longer needs to exapnd (due to the nature of l2 existing) then it should be completed and made free to the extent of what is possible.

That's the life cycle of all things innovative. After being free is the step in which nobody uses it anymore. Some things skip the free step. I don't think this will.

>>54439574
Sorry only decentralized permissonless chains, aka crypto, can participate in this thread.

only AVAX & ETH will succeed, KYS fag

>>54439837

>>54440101
Planning on using L2s is already admitting failure to scale as an L1. Either they don't know what they're talking about and trying to cash in on ETH narrative nonsense, or they do they're already tacitly admitting defeat

>>54440034
At least give some reasons why outside of 'I hold a lot of these coins'

>>54439562
>no ftm
ngmi

>>54440611
Could you at least make some arguments for why FTM is super great? It's not that hard to do

Ada is L2.

>>54440268
already exceeds Visa scaling performance despite being decentralised POW. More to come with rust. Their L2 aims are to buildout an ecosystem as it states right there in their roadmap.

collect your NFT
opensea.io/travallo

>>54441335
>exceeds Visa scaling performance
>Decentralized L1
I highly doubt this

>>54441363
According to their website (https://kaspa.org/features/#blockdag)), they use a Directed Acyclic Graph as a ledger, which is able to handle more transactions than a blockchain would since a blockchain is linear in structure while a DAG is more similar to a "web." Their block times are also really fast (1 sec). The scalability of the network to accomodate a VISA-level amount of transactions at VISA speeds hasn't been practically demonstrated, though, so I agree that the Kaspa shill is definitely "talking about grape juice as if it were wine," if that analogy makes any sense.

>>54441335
>40tps
From a 10 minute read of your own whitepaper, it's just nakamoto adapted to a DAG with 1s block times and check pointing. So not only are confirmations still a thing, it uses a DAG which limits you in smart contract ability as well slowing throughput for dependent transactions. No premine is cool and all but nakamoto is a dead end for scalability, no matter how many bells and whistles you glue on to it. Just having faster throughput will never displace BTC as a "currency".
>>54440578
I think it's already been discussed in all these previous threads anon. Snow family protocols which avalanche uses decouple the number of nodes in the network from the throughput of said network. 100 nodes or 100,000 nodes all validating the same chain, it makes no difference. Additionally these protocols have extremely high throughput and sub second time to finality. They remove consensus as a bottleneck, to the point where the gating factors to throughput become stuff like how fast your virtual machine, database, cryptographic signature signing (ECDSA, etc.) or other system factors are besides the consensus mechanism. Avalanche's protocols are extensible to any database ( it's not stuck using a DAG like kaspa), VM, node hardware, sybil resistance mechanism (yes you can use PoW with avalanche protocols), etc.
When it comes down to it, the consensus protocol is THE defining and determining factor in a network's ability to scale throughput while maintaining low finality latency with high decentralization. Avalanche is absolutely head and shoulders above anything else that I'm aware of. Every other project is some repackaging of either nakamoto (BTC, ETH1.0, KDA, Kaspa, etc.) or classical quorum based consensus protocols (SOL, cosmos, Dot, etc.) with some bullshit meme features tacked on to get the marketing numbers. The day I find something as innovative over Avalanche as it is over other projects is the day I sell and go in on whatever that is.

What about based Discreet?

>>54441802
Seems based but it doesn't exist (yet)

BSV can take all those OP listed coins transactions and run them natively cheaper and faster. It has a real world competitive advantage over every other L1 and L2.
The Phillipines govt just announced BSV is the platform they'll be using for govt blockchain use.
https://technology.inquirer.net/122504/the-philippine-government-will-digitalize-with-bsv-blockchain

>>54441901
Kys

Nexa literally mogs everything
Don't believe me? Fair enough
Cap this post and revisit in 2 years

I honestly dont know much about the other chains so they might be cool but Hedera is literally the only one that has Real life use cases live on it. Also does the most tps currently.
I hold a bag of that so im gonna say hedera

>>54442538
>Hedera is literally the only one that has Real life use cases live on it.
Chia's got their Datalayer being used for the Climate Warehouse or whatever it's called now which has a few countries buying in for carbon credit verification.

What's upcoming for avax this year? There's no roadmap anywhere

>>54443987
Watch the conference next month friend

>>54439562
SXP

>>54439562
Ethereum is still the largest L1 in my books and many platforms were built on it anon. One that found its way into my everyday life is Sylo which enables decentralized communication in web3

>>54439562
> Starknet #1 Ethereum Layer 2 Scaling Solution by far
> 12 Million Transactions per week
> 160% of Ethereum's transaction volume
> 0.1% of Ethereum weekly gas
> 830 Billion Cumulative Trading
> 340 Million Transactions settled
> 95 Million NFTs created
> Cairo language, first turning complete verifier in production, best language for validity proofs, best smart contract language
> Visa using language for account abstraction
> Currently today:
> 2 Million ERC-20 Transfers possible in 1 Starknet proof
> .5 Million NFT mints possible in 1 Starketnet proof
> Inside a single proof that fits inside a block of Ethereum, millions of transactions
> Fractal Scaling, unlimited scale
> Starknet: Eli Ben-Sasson, professor at Israel Institute of Technology along with other Gigabrains in Israel, largest concentration of Phds in any project
> https://www.youtube.com/watch?v=Y1L0CJmhQvc [Embed]
Eli Ben-Sasson and Israel have already delivered the end game to Ethereum. It's over goyim

>>54446103
>and many platforms were built on it anon.
All for shitty jpeg marketplaces or places to trade useless shitcoins that do nothing. Just about nothing in the space has had anything useful built for it

l1s and l2s all stay as buzzwords. avax subnets are the key to blockchain mass adoption

>>54439562
Hedera Hashgraph will be the top PoS chain. It is so efficient that it is only limited by bandwidth, while having the maximum possible security.
ICP is the most advanced blockchain that makes data hosting on chain viable.
I believe there will always be multiple chains in the future, however it will be less than there are today.

>>54439562
avalanche - actually interesting and novel consensus algo, good development
cardano - overhyped, no smart contract developers
ethereum - slow and expensive, only value extractors left
hashgraph - vc and lots of marketing for a tech that isn't that great
kadena - smart contract proof of work that isn't that good anymore, there are other smart contract pow like even bitcoin smart contracts, bad sc programming language that only appeals to autists
polkadot - doesn't offer anything that unique besides shared security, other chains have already caught up, cosmos used to be different by telling each subchain to make their own security but now cosmos will let subchains share security, so...
solana - good design decisions though they could prioritize reliability more and their token ecosystem is rekt after the ftx scandal

out of all of these avalanche is the best with solana being a close second

>>54439574
icp is just a smart contract platform except they also rented a data center and they can host websites. their latest announcement is slightly fancier wrapped btc which is already on eth and avalanche

>>54439625
idk much about chia, but I thought the algo was weird because that relied on using hard drive space?

>>54440101
kaspa could be interesting and the obvious superior to kadena if they deliver on smart contracts

>>54441802
we're too early to discuss privacy coins with smart contracts but basically only monero really matters for privacy because its actually used

>>54442395
describe nexa

>>54449031
> describe nexa
BCH fork
Pump and dump
Probably worth getting in on low

Any Elrond bros in here? I still have a small stash of worthless tokens locked away for the exchange they launched. Haven't touched it in a couple years. They still worth a damn as an L1? Or have they been revealed to be scam artists?

>>54439562
I honestly see a good future, let me tell you why. Most L1s are in the process of updating to layer 2 which signifies a huge improvement in terms of security and adaptability issues, energy efficiency, etc. Not only that, but most detractors are slowly accepting crypto into their lives, add that to the increasing amount of supporters and the fact that long-standing pillars of the community like Ryoshi are coming back (with his newer project KOY) and you have the perfect recipe for crypto mass usage in the coming years.
Plus the halving in 2024 will most likely trigger another bullrun

>>54439562
imo, Avalanche remains as the best-suited chain for potential mainstream adoption, which is the ultimate goal of crypto.
Avalanche solved the blockchain trilemma via its unique consensus (Avalanche Consensus) and horizontal scaling (subnets), seamlessly managing up to 98% of Ethereum's load without having any outages, halts, or reorgs.
Avalanche has indeed experienced a couple of flaws over these years, but these are absolutely minimal since there haven't been any consequences for any users + insta-patched. Plus when you take into account the amount of innovation brought to the table, it's more than understandable how there can be bumps on the road.
By the moment, Avalanche will remain as one of the most fudded ecosystems in the space, but this is nothing but bullish if you take into consideration how shit every FUD piece is (just read them whenever you can). Many people and higher-ups know their platforms are absolute vaporware or obsolete compared to Avalanche's proposal, hence the ineffective efforts to bring it down.
WAGMI AVAX Chads. Godspeed.

>>54449031
>but I thought the algo was weird because that relied on using hard drive space?
Proof of Capacity isn't a new concept. Proof of Capacity that actually works and can't be grinded with GPUs to fake space is pretty new though

>>54449031
Also
>solana being a close second
Lmao, the blockchain that goes down multiple times a year, is quite centralized, and has devs that pretty much lied about tps numbers?

>>54439894
can you expand on this

>>54439869
Honestly for me AVAX is the most reliable option of all the L1s I have tested. The thing is that many claim to be decentralized and provide the fastest and most secure across the blockchain in any transaction and in the end it turns out to be false and with quite fishy implications. Real scalability is another feature that is currently sought after and Avalanche is the one that most meets that requirement. I still recommend you to try it for yourself.
tl;dr Avalanche solves the blockchain trilemma and adds scalability through Subnets

>>54450467
>>54452325
Newfag here. I just have one question, can't ETH do the same thing?

>>54452397
ETH went down a different path and decided to sacrifice decentralization for scalability. after merge the top 3 ETH validators can take down the whole network, it's one of the most centralized L1s now. It's still slow because they haven't yet implemented the next step to start scaling, so they are in an uncomfortable middle ground where the network is both slow and centralized.

The crypto with the most github commits. *cough*ICP*cough*

Best up and coming low cap layer 1, https://radiantblockchain.org/

>>54449031
>out of all of these avalanche is the best with solana being a close second
good analysis. do you think Avalanche is better than Cosmos though?

ADA is overhyped vaporware, but I had a dream where Charles discovered some advanced crypto tech and was gloating about it. he called out /biz/ directly for doubting him and then a bunch of redditors showed up and laughed at us for buying LINK instead of ADA.

>>54453214
>Is Radiant an investment?
>No.

Well that settles it then

>>54452397
There's a couple reasons. First is that they use a flavor of classical consensus and as a result only a subset of the total validator set called committees can validate transactions at one time without overwhelming the network. I believe this is 128 currently. So basically not every node validates every single transaction, it's a subset which means that decentralization is inherently more limited than the what the total nodes in the network would suggest. It's also very complicated which means it's slower throughput/TTF wise and has a higher attack surface for malicious parties.
Second, ETH can't really implement the horizontal scaling idea of subnets because their consensus mechanism doesn't allow for a way to prove that the validators of the would be subnets are actually the correct validators from the POV of the overall network. Thus the reliance on L2s that bridge back to the main chain via smart contracts to settle transactions.
Avalanche is the only project that allows this because:
>the protocol is very elegant and fast
>every node in the subnet is polled for every transaction, for the primary subnet that's every single node in the entire network, with no impact to throughput or finality the more nodes you have. No other chain can do this because avalanche is the only protocol that has this capability
>Because every node in the network validates the primary subnet no matter which subnets they also choose to validate, a permissionless directory is able to be established so that the entire network can look up which nodes belong to which subnets at any time, allowing them to message each other without relayers or intermediaries like bridges. This is superior to Cosmos which needs relayers to communicate between zones.

>>54450784
as I said
>though they could prioritize reliability more and their token ecosystem is rekt after the ftx scandal
>>54450756
then I have to wonder why proof of capacity hasn't really caught on
>>54453243
>do you think Avalanche is better than Cosmos though?
that's a really tough question I ask a lot. Avalanche definitely has the best consensus algorithm for speed and decentralization. avax c-chain has evm and solidity. They're getting big (would have moved markets during a bull run) integrations.
But Cosmos improves rapidly and will get evm and has some of the ethereum "realizers" support. Paradigm investors backed a lot of ethereum stuff, and they backed Cosmos.

>ADA is overhyped vaporware, but I had a dream where Charles discovered some advanced crypto tech
Doubt, but you can keep the dream hype up for years. If he does, the ada team still has to implement the idea. If the idea is implemented, ada still needs to attract developers. To attract developers you need development toolilng. That takes more developers than their high-academic team.

A lot of cryptocurrencies live on that "but when the switch is flipped, you'll miss out" hype and Cardano is by far one of the worst about that.
Also Charles is annoying.

>>54454371
Cardano will win and you will seethe

>>54454371
>then I have to wonder why proof of capacity hasn't really caught on
Because it's a lot easier to just make a Proof of Stake chain and sell your premine to early adoptors to get your chain's 'security' set and going. Also you get money from that method and have an easily justifiable reason to your community on why you should get that money so you get no blowback. Chia's 'fix' of Proof of Capacity is only like three years old in terms of actual code existing for it, and by that point Proof of Stake was already the new hotness. I mean how many new Proof of Work chains were created in the last crypto cycle?

>>54454396
there's too many opportunites to seethe about anything anon
>>54454629
how easy can you write and use smart contracts on proof of capacity? what are the second degree effects of using proof of capacity? these kinds of things have to be thought about carefully. are hard drives designed to be plotted on over and over or used like chia uses them?

>>54439562
I like Mina.
Zk and run a node from your phone

>>54454817
>how easy can you write and use smart contracts on proof of capacity?
Harder than something like Solidity to write due to the Lisp-based language the devs decided to make, though auditing is a hell of a lot easier
>are hard drives designed to be plotted on over and over or used like chia uses them?
You only really create a plot once and then the 'answers' in that plot are referenced when looking for a block winner. You essentially do all the Proof of Work calculations ahead of time, and the more space you have the higher the likelihood you'd have a winning solution among your plots. The drives you plot to are minimally touched and should easily last the normal lifespan of the drive. I'm using among my higher capacity drives an old-ass 2TB drive from 2010 and it's still working just fine. The one thing that could 'kill' a drive is using the SSDs which are most common for creating a plot file (since the process does a lot of writes and there's a limited write capacity on any SSD), but since write capacities of SSDs are known you wouldn't kill a drive unless you were trying to. It would take a hell of a lot of plotting on the shittiest of SSDs to kill one anyways. There's also RAM disc plotting which just requires RAM which wouldn't kill any components

>>54439625
this. Only BTC ends the FED and stops bank bail outs.

You see you become a sovereign citizen then you smoke weed then you mine BTC tax free because you are counter culture.

You pay your electricity bill monthly.

This really riles the glow niggers up.

If you really want to do some serious damage to the government you need to declare your small business a Sovereign Small Business (SSB) then you get tax free status and can claim a lambo as a company car tax free on the government's dime lol this really works I am not joking.

Here comes the part where you do the serious damage. You pay for your energy bill monthly using BTC you see at an exchange but you don't pay tax because you and your business are sovereign citizens

Okay this just a hot tip but avoid beaches from now on. Protip next lockdown you can order as much grubhub as you want from your untaxed gains. I know that when I order grubhub I do not pay tax either. Over 6 million kinds of burgers to choose from WOW

how does this work?

You see BTC is decentralized so a bunch of people living above and beyond the laws untaxed stop the banks from being bailed out and ends the FED which for everyone playing at home is a wretched hive of scum and villainy.

#BTC

>>54454817
So far, "proof of capacity" looks like a great way to get value out of otherwise end-of-life hardware. The workload of a Chia node is less than most data servers. The algorithm is pretty genius. It's funny no one asks these questions about other blockchains, and Chia answers them, but gets the blame for what other cryptos did wrong.

About writing smart contracts, lisp isn't everyones favorite but chialisp is far more approachable than any other blockchain language I've seen. Makes way more sense than something derived from assembly, basic, or python. I think if Ethereum had a better language it might have lived up to its promises of decentralized computing.

>>54454938
I bought an nvme ssd for plotting chia. Went like 4x over the TBW rating and the thing has no problems. Chia is by far the least hardware intensive blockchain, unless you count proof of stake garbage

>>54439562
I see /biz/ still hasn't discovered Alephium. That's fine, you will soon.

>>54441190
>Ada is L2.
I can't even take serious this comment, you misclicked the board or something? if you want to reply maybe you should go to >>>/toy/ if you want to be taken seriously.
ADA doesn't even have basic smart contracts, I know you invest some of your money right there but, keep searching where's the best chain to slurp some bags before you regret it.

>>54439562
thoughts on Alephium?

>>54439562
the only truth needed

>Try and give actual reasoning for your choices
I kinda like Egld
its designed to be highly scalable, making it a suitable fit for rides that require real-time processing of large amounts of data from connected cars.

>>54439562
i keep hearing good things about NEAR protocol

>>54439562
Cardanus: dead shitty tech going nowhere, never delivers
Chia: no finality, useless for actual finance
Ethereum: killed itself with the Merge, scaling doesnt work, never delivers, is slow
Hedera: centralized jewish scam
Kadena: trannychain that rugged
Polkadot: Gavin Wood had to step down as CEO because of his pedophilia, nobody wants to do business with them, also chain is very centralized
Solana: fake inflated DeFi ecosystem and the centralized single chain is constantly down

Avalanche:
>Sub Second Finality
>Actually decentralized
>best staking mechanism
>scales through Subnets
>fully customizable VMs for the Subnets
>DeFi that actually works
>no MEV since its leaderless
>Institutional partnerships
>expanding massively into Asia
>Gigabrains from Cornells IC3
>safe from Regulations as Emin Gün Sirer is technical advisor for the CFTC
>unhackable bridges
>decentralized Clob DEX
>DeFi innovations like the Liquidity Book
>Chainlink Subnet in the Works
>Ted Yin one of the Founders is working for Chainlink Labs research group
>qt catgirl waifu mascot
>AVAX is extremely undervalued

>>54457997
>Egld
Maiar, a dex on it's ecosystem supports cross-chain trading with other blockchains, like Binance Smart Chain and Ethereum, plus it offers good yield on newer token like Ride, Xen, and itheum.

>>54458086
AVAX is CENTRALIZED
> Ava Labs holds 20% of validator staking power
> Of the remaining 50 largest validators, about half of them are located in just 3 German cities

>>54458086
AVAX has low 71 TPS
> Misleading advertised as a 500+ TPS network Those high figures are only for the X and P networks, which really don't matter at all since they're both under 0.01% of their usage limit. They will never hit that limit since C-Chain is the bottleneck.
> Avalanche's throughput is only 20% faster than Ethereum L1 on average, and it can burst up to 60% faster than Ethereum for brief moments before gas price starts skyrocketing due to its own version of EIP-1559.
> C-Chain - 71 TPS: This is the important one because 95% of Avalanche transactions are on the C-chain and most users only ever touch the C-Chain. The C-Chain's 2-sec blocks have an 8M gas limit. With 21K gas transactions, that means a theoretical max throughput of 190 TPS (compared to 119 TPS for Ethereum). However, that's unsustainable due to EIP-1559 gas prices, which keeps its throughput artificially low. C-Chain's modified version of EIP-1559 where its gas target 15M gas every 10s. This means its actual max throughput for basic transfers is 71 TPS (compared to 60 TPS for Ethereum). This is noticeably slower than Polygon, which can do ~350 TPS at its own EIP-1559 gas target
> X-Chain - 7000 TPS: Uses Avalanche VM. In ideal test situations (150 nodes, 10kb blocks), the X-Chain can get up to 7000 TPS. Even when you increase the number of validators to 2000 (it currently has 1200,), it still gets around 6900 TPS due to the DAG network structure. This chain is only seeing under 2000 transactions a day, so it's only using 0.0001% of its capacity.
> P-Chain - 4500 TPS: Its purpose is for governance, staking, validators, and subnet management, so it'll probably never get near 0.01% of its 4500 TPS limit
> Combined throughput dashboard often shows TPS in the low hundreds but it's actually the combined throughput of all Avalanche networks and its subnets. And it's mainly from the subnets. When I report Ethereum throughput, I don't add throughput from the Polygon and BSC networks.

>>54458086
AVAX is a GHOST CHAIN
> Very little actual activity
> C-Chain: 150K daily transactions (1.5 TPS of actual activity)
> X-Chain: 1K daily transactions (0.01 TPS of actual activity)
> P-Chain: 10K daily transactions (0.1 TPS of actual activity)
>Only the C-Chain gets any noticeable activity. People make fun of Cardano for only having 60M transactions since its genesis, which is the equivalent of just 2 months of Ethereum transactions. Well the P and X chains combined have only had 6M transactions, the equivalent of 1 week of Ethereum transactions.

>>54458086
AVAX has SHIT TOKENOMICS and HIGH INFLATION
> The Avalanche networks are sustained by high inflation
> Supply inflation: Circulating supply of the AVAX token has increased by 220% in 2021, followed by a 27% increase in 2022 ($3.5B).
> The circulating supply is currently only about 45% of its maximum supply cap. The AVAX can dilute its supply by another 120%. Validators are paid by staking rewards, and those staking rewards account for a HUGE amount of annual inflation.
>Burn rate is 500x lower than issuance rate: Transaction fees are burned, but the transactions fees are so low that the burnt amount is unnoticeable. Burns are in the millions of dollars while issuance is 500x greater in the billions of dollars. Compare this to Ethereum, which has a small amount of deflation.
> Estimated Supply Growth: AVAX issues 45M tokens per year starting at 2025, which means that it will reach its 720M max supply in Apr 2030. Unless fees magically grow 100x higher by 2030, AVAX's supply distribution model is going to break.

All I know is Radix is gonna win L1 game

>>54459558
Radix has kinda sucked in the past but the current people in charge look pretty competent NGL and the tech is cool. Worth a punt maybe.

Aleph Zero is a fantastic L1 project, 100,000 tps on *base layer alone*. Team are true gigabrains. That is my largest holding.

Avalanche - cant scale defi, also each subnet can have different tradeoffs which is even worse for defi
Cardano - way too overvalued, limited scalability and unnecessarily difficult to build on it
Chia - im glad it didnt took off, the world doesnt need another coin that makes hardware prices go up
Ethereum - slow, expensive and very insecure for defi & look at this centralized L2 money transmitter shitshow
Hedera - limited scalability and also permissioned, a corporate coin
Kadena - cant scale defi, toxic team and their community is leaving, no one builds on it
Polkadot - cant scale defi & multichain narrative is overhyped
Solana - a history of lies & frauds and even an overused ovh server reseller has better uptime
ICP - same as Avalanche, apart from defi actually good overall design
NEAR & EGLD - cant scale defi but overall impressive tech
Avalanche - cant scale defi, also each subnet can have different tradeoffs which is even worse for defi
Cardano - way too overvalued, limited scalability and unnecessarily difficult to build on it
Chia - im glad it didnt took off, the world doesnt need another coin that makes hardware prices go up
Ethereum - slow, expensive and very insecure for defi & look at this centralized L2 money transmitter shitshow
Hedera - limited scalability and also permissioned, a corporate coin
Kadena - cant scale defi, toxic team and their community is leaving, no one builds on it
Polkadot - cant scale defi & multichain narrative is overhyped
Solana - a history of lies & frauds and even an overused ovh server reseller has better uptime
ICP - same as Avalanche, apart from defi actually good overall design
NEAR & EGLD - cant scale defi but overall impressive tech
Aleph Zero - 100,000 unproven fake tps like Solana, nothing revolutionary or innovative

Radix is too strong to ignore

Isnt Fantom the oldest L1 after Ethereum? And has 99.9% uptime since then? And 40 years of runway? And its own VM (FVM) coming which is just a massively scalable EVM?
You absolute mongoloids?

Avalanche - cant scale defi, also each subnet can have different tradeoffs which is even worse for defi
Cardano - way too overvalued, limited scalability and unnecessarily difficult to build on it
Chia - im glad it didnt took off, the world doesnt need another coin that makes hardware prices go up
Ethereum - slow, expensive and very insecure for defi & look at this centralized L2 money transmitter shitshow
Hedera - limited scalability and also permissioned, a corporate coin
Kadena - cant scale defi, toxic team and their community is leaving, no one builds on it
Polkadot - cant scale defi & multichain narrative is overhyped
Solana - a history of lies & frauds and even an overused ovh server reseller has better uptime
ICP - same as Avalanche, apart from defi actually good overall design
NEAR & EGLD - cant scale defi but overall impressive tech
Fantom - limited scalability and EVM, nothing special
Radix - a nice vision but pretty basic network, its time to deliver
Aleph Zero - 100,000 unproven fake tps like Solana, nothing revolutionary and really overhyped imo

>>54459514
>>54459526
>>54459534
>>54459544
What is this schizo retardation kek

>>54461129
Avalanche wins the L1 race so FUDcucks have to FUD or else Avalanche kills their bags.

>>54458086
Based

>>54460092
>Chia - im glad it didnt took off, the world doesnt need another coin that makes hardware prices go up
Is this really the best arguments people can make against Chia? Saying that we shouldn't use Proof of Capacity just because it's 'wasteful' (though nobody ever seems to argue Bitcoin should switch its mechanisms and at least HDDs have other uses unlike ASICs)? That and just saying it has bad finality without actually explaining anything about that which leads me to believe it's a fake argument just to discurage discourse just like the premine one which seems to have fallen out of a favor in arguing

>>54463624
>There is no guaranteed finality, but the more confirmations a transaction has, the "safer" it is.
>A transaction needs a certain number of confirmations for a receiver to assume that it cannot be reorged, under the <46%(* vdf advantage) colluding assumption
>Since farmers can theoretically sign multiple blocks at the same height, more confirmations should be used in Chia than in Bitcoin.
>However with a rate of 32 blocks per 10 min, 6 confirmations in Bitcoin is equivalent to 192 in Chia, which is more than enough to be considered safe.
>As long as one of those 192 farmers is well behaving (not double signing), that transaction will not be reversed.
tl;dr slow blockchain with waiting times, cant scale, no guaranteed finality and a tx can be reversed

keep waiting for transactions cuck, mine are FINAL in under a second.

I hodl avax and eth, fk others, all scam

>>54463750
Additionally, no actual institutional or broad market adoption is going to happen for payments/settlements on a platform where finality isn't guaranteed block by block as the network progresses.

Conflux ticker CFX

Of course biz will talk about this coin after the next bullrun

where my hbaggies at.
best coin.
slava ukraini!
Israel is our greatest ally!

these are the only L1's we need desu

>>54439562
Bow down

>>54457997
Best app/wallet in the biz. Literally has every main app integrated without need for search engine and messaging + direct payment system. It's extremely normie friendly

>>54464496
>ETH
Lol
Lmao
It had a huge first mover advantage and proceeded to get fuck all for actual adoption by countries and corps. It's also fairly centralized compared to its competition

>>54463750
>>54463805
How decentralized is AVAX actually? When people throw around giant tps numbers on Layer 1 I get very doubtful that it's decentralized enough (which is the only reason you'd usea blockchain in the first place)

>>54464844
Nakamoto coefficient is 29-30, node hardware reqs are basically a reasonably spec'd laptop with a 25 mbps internet connection. Running one is 100% permissionless, you can even run a node without stake if you want to post transactions or query the network, you just can't see the mempool. Like any PoS coin the token distribution probably still isnt ideal, but avalabs only sold about ~15% of the initial supply to VCs so it had one of the better initial token distributions. The distribution has been evening out over time though.
TPS obviously is a gamed BS metric by and large. The key thing to know about avalanche is that the consensus protocol does not bottleneck throughput, it'll go as fast as all the other parts of the system allow, regardless of the number of nodes validating the same chain. This is only true of some classical style protocols with very small node counts (like 5 where none are byzantine and are located relatively close to each other geographically) and not true at all of nakamoto.

>>54460092
>Avalanche - cant scale defi
horizontal scaling via subnets, same with DOT and Cosmos
>each subnet can have different tradeoffs which is even worse for defi
this sounds useful actually. being able to customize security/decentralization/bandwidth tradeoffs to fit a dapp and to do this on a dappchain by dappchain basis makes sense. for example, a gaming dapp doesn't need the same level security and decentralization as a finance dapp.

one of DeFi's biggest problems historically has been these game-like apps, Crypto-kitties is a good example, flooding the chain and driving out usecases that benefit far more from decentralization and immutability.

>>54439869
>why ICP
Blockchain + AI singularity

desu, apart from Ethereum, I think they only L1s that deserve some interest are Solana and Avalanche. Cardano is valid too because it's pretty decentralized, But i don't see it as a frontier and innovative. Cosmos maybe too but desu i think Avalanche already does everything it can do but better technically, economically and industrially, Still would be happy to see it grow because i've deep respect for their team.

>>54439562
I hold:
>Eth
>DOT
>ADA
>HBAR

as expected they aren't doing much and I suspect all the non-eth items to perform poorly, kek.

Coins to buy $10 USDT in per fortnight:
Cardano
Polkadot
Polygon
Avalanche
Cosmos
NEAR Protocol
Hedera HBAR
Fantom FTM
The Graph
Internet Computer ICP
MultiverX EGLD
Immutable IMX
Mina
Oasis Network ROSE
Kadena
Kusama
Coins to buy $10 USDT in every other week between fortnights:
Nervos Network
SKALE
COTI
SelfKey
Cartesi
This is the way.

>>54465785
>Cardano is valid too because it's pretty decentralized
If decentralized is your metric for validity then Chia should be near your top since it's got a Nakomoto Coefficient of over 80 pretty regularly and 100k+ full nodes

>>54466376
I'm of the thought you're some hopeless wagie from McDonald's
Incels like yourself will definitely make it. Azero ecosystem is one to look at considering the just concluded parachains auction. The right info is all that's needed to see green dildos, keeping altcoinistdao close to me now kek

>>54441560
Kaspa has announced their rust rewrite goes alpha on April 15. Their targeting Solana tps levels.