/biz/ - Business & Finance

i like icp over roach coin

>>54480564
Avalanche gets mainstream adoption and has the best tech, why wouldnt you hold it? are you mentally handicapped?

>>54480667
>mainstream adoption
name a single serious use case

>>54480564
Probably the one coin you fools should actually be slurping up.
Just ask Bezos.

>>54480702
Deloitte and FEMA using it for disaster recovery.
Re Finance using it to tokenize reinsurance.
Intain bringing mortgage-backed and asset-backed securities on chain.
KKR tokenizing funds.
Amazon, Alibaba and Tencent using it to run Subnets for all kinds of usecases from gaming to tradfi

to name a few

bump, where the fudders go?

2020+23 =2043
Are you from the future

Hyper inflationary soon-to-be vaporware chain that couldn't handle a single game without skyrocketing network fees.

>>54482159
>"vaporware"
see >>54480927

Avalanche is getting mass adoption. Your bags dont have this so you FUD with nonsense.

>>54480927
You forgot about Lemonade, it's crop insurance against bad weather via smart contract and Chainlink oracles, pretty fucking futuristic and based

>>54480927
Deloitte using it for disaster recovery? You can’t even store anything on the chain. Wtf are they even recovering? What a giant load of bullshit

>>54482588
Anyone who has been in crypto for 5+ years knows "partnerships" are just marketing. You are arguing someone who gets paid to say what he says.

>>54482518
true and there is probably 50 more I forgot to mention.
Avalanche is truly the future.

>>54482588
>>54482710
yes Deloitte runs its own Avalanche Subnet which means they have to stake the AVAX token.
https://www2.deloitte.com/us/en/pages/about-deloitte/articles/press-releases/deloitte-ava-labs-blockchain-state-local-government-natural-disaster-recovery.html

>>54482710
Yeah I know they get paid. I genuinely wanted to hear the bullshit response of what they claim to recover from someone who literally works in developing disaster recovery themself

>WASHINGTON, Nov. 16, 2021 — Deloitte has formed a strategic alliance with technology firm Ava Labs to enable a new disaster recovery platform that uses the Avalanche blockchain to help state and local governments easily demonstrate their eligibility for federal emergency funding.

>Developed with the input and insight of first responders, public works departments, finance authorities and grantmaking agencies, the new Close As You Go™ (CAYG) platform helps state and local government officials simplify and streamline disaster reimbursement applications to the Federal Emergency Management Agency (FEMA).

>“When disaster strikes a community, state and local officials must act swiftly and deliberately to respond,” said Alex Haseley, principal, Deloitte & Touche LLP and Deloitte’s government and public services crisis management portfolio leader. “Our new Close As You Go platform can play a critical role in helping these leaders be prepared to aggregate and validate the documentation necessary to demonstrate eligibility for funding and reduce the risk of adverse audit findings down the road.”

>Using the Avalanche blockchain, CAYG’s cloud-based platform provides state and local officials with a decentralized, transparent and cost-efficient system that empowers both grant makers and funding recipients while minimizing fraud, waste and abuse.

>The secure environment provided by Avalanche’s blockchain technology quickly gathers, processes and authenticates required documentation, ultimately improving the accuracy of federal disaster claims. Avalanche is also an eco-friendly platform, which aligns with Deloitte’s commitment to green technology.

>“Close As You Go features a user-friendly interface backed by the cutting edge of blockchains, helping state and local governments focus on their recovery, rather than extensive claims processes,”
This reeks of bullshit.
>Close as you go
Fucking kek

>>54482904
Are you getting paid though programs such as Avalanche hub or ambassador?

>>54482971
>copes because Deloitte or anyone else with serious money isnt coming to his ghostchain but goes to Avalanche
kek

>>54482986
you dont need to get paid to see that Avalanche is superior compared to everything else on the Market.
You probably havent figured it out because you are too busy bagholding scams.

>>54482998
Why do you always dodge the question instead of answering it directly with a "no"? Why did you get offensive and claim I'm a shitcoin bagholder?

>>54483035
>and claim I'm a shitcoin bagholder?
are you?

>>54482988
I literally did a contract with Deloitte with performing a security assessment on their disaster recovery system less than a year ago and have never heard of this while I was there. Sounds like a paid ad during a bullrun

>>54483096
Do you get paid to promote Avalanche? Are you a member of Avalanche hub or ambassador?

>>54483101
>and have never heard of this while I was there
why would they tell it to some Janitor? eyes on the mop
>>54483118
see >>54482998

>>54480667
No doubt it has been trending. It is among my most bullish bags of last month with CYMI and RDNT.

>>54483176
You're not allowed to answer the question, are you? That's because it's written in the rules, is it not?

>>54483176
Literally have to tell me and my time everything they use for a security assessment you retard (all the way through datacenter access to how often backups are conducted and retained. I’ve never heard of close as you go nor Ava fucking labs subnet when I contracted for them.
Fucking hilarious that people actually believe this. You know what would easily back this claim would be a demo video video from Ava labs on how to integrate avax as a form back up/ disaster recovery process for your transaction history which sounds utterly fucking retarded if you know how it works. Hell the security risk alone for release that information to a third party is fucking hilarious

>>54483212
take your medications bro.
>>54483269
obviously its above your paygrade, like I said eyes on the mop wagie.

>>54483385
That's some quality (You) farming. How much is one? 10 cents? Here take this >>54483385 >>54483385 >>54483385

>>54480564
What's the point of Avax?

>>54483465
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 Nakamoto & 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

>>54483465
New ID I see... Should we farm this one too? Are you associated with Avalanche hub or Avalanche ambassadors?

>>54483501
FUDcucks getting paranoid now kek

>>54483512
You were very fast to paste that pasta right there. I hope ID:Z6EP is happy with the answer. Let's see if he continues posting...

>>54483548
kill yourself nigger

>>54483465
Do you think should I buy AVAX? I'm thinking of buying a coin but can't decide which one.

Shit I shouldn't mention the (You) farming. You probably won't get paid for those. Abandon thread.

>>54480564
Avax seems like a serious investment for the longterm. What’s the easiest way to invest? What’s the best layer2s on this chain? Has this chain ever been hacked?

>>54483822
>What’s the easiest way to invest?
Bridge ETH/BTC over the custodianless bridge and swap to AVAX on a DEX like Trader Joe or buy it on any centralized Exchange.
>What’s the best layer2s on this chain?
Avalanche scales through Subnets, not through L2s.
The golden Subnet Bullrun has not started yet.
>Has this chain ever been hacked?
nope, Avalanche is the most secure.

>>54483849
Kek you faggots really do respond for money and you’re calling me a poorfag. What a pathetic bunch of losers. Is the avax general literally just you?

>>54483212
Ohhohnonono the roaches scurry away from the light

>>54483877
DeFi hacks can happen anywhere. not a problem with the Avalanche platform itself.
do you even know what DeFi is?

>>54483929
Ava labs funded projects got hacked. That shows they don’t even perform an internal assessment themselves on the projects that are supposed to fund their chain.
Also haven’t 2 of the 3 chains on AVax been down as well.
You have to be retarded to invest in this

>>54483929
Hi,

I was wondering if you are getting paid for marketing Avalanche? Could you answer this simple question? Thanks.

Regards,
Potential future investor

>>54484069
>Ava labs funded projects got hacked.
can happen to any Smart Contract. not a flaw in the Avalanche Platform or the Consensus or any of the Technology. look up what DeFi is, ask ChatGPT or something.
>Also haven’t 2 of the 3 chains on AVax been down as well.
block acceptance was only delayed on both the C and Pchain. wasnt really a downtime.
and no reorgs or funds lost + the entire thing didnt even last a day, not even 3 hours. also one of the 4 blockchain explorers was down because they didnt upgrade or some shit. literally nonissues.
>You have to be retarded to invest in this
see >>54480927
Avalanche is getting Mainstream Adoption.
The Token is also still way up from the ICO and is actually needed.

>>54484081
you will buy anyway because Avalanche is the future and there is no way around it.
please stay in denial and buy the top. I will need some exit Liquidity from slow brainlets.

why does Avalanche make ICP holders seethe so much? there are like 10+ projects currently dominating ICP and yet they only focus on AVAX.

my theory is that most of these fud threads aren't actual ICP holders, but actually jeets pretending to be ICP baggies as cover during their occasional AVAX fud campaigns. that's why you never see anyone of them explain how ICP works. they don't know because they don't hold it. It would also explain why these posters seem to go dormant for days between brief flurries of activity.

also the ESL grammar like seen here >>54483269
>Literally have to tell me and my time everything they use for a security
>I’ve never heard of close as you go nor Ava fucking labs subnet
and phone posting (see filename)
>>54483269

I think it's quite clear. the evidence points to jeets.

correction: phoneposting filename is this post >>54483877

are you stupid? avax is the best coin after bitcoin

>>54480564
I'm not surprised he's a dead coated brain. Why not choose HOP or CYMI for easy 10x, 20x ... AVAX is maxed out already.

itt: butthurt avax bagholders

>>54480564
>still holding XOR in 2023
>got a 100x these last 3 years and counting
>still winning
>worshiping my man Makoto to death

>>54480564
Because he's married to a coin. kekkk

Follow narrative and DCA out when you make good profit anon. That way, You are going to make it. It's the ZK season and a good time to bag some privacy coins.

>>54483180
My bullish coins are VRA, AZERO and RAIL. LODE on arbitrum might be good as well.

>>54483877
You're literally posting news of hacked EVM smart contracts as some kind of proof that the Avalanche chain got hacked. I'm extremely embarrassed to share the same board with you fucking jeet.

>>54480564
niggers be holding link in 2023 and calling out avax holders shamelessly

Every AVAX shill is a grassroots community marketer who gets paid in AVAX to do it. They reply to themselves with different IDs and create lots of fake interest and discussion. If you browse /biz/ for a few days you'll see how inorganic all of this is. Their objective is to make you buy AVAX, hold it and maybe even stake it (for a negative inflation adjusted yield, which they will lie about). They will manipulate you with hope, technojargon, AI waifus and dreams of riches while getting paid by higher-ups who slowly dump on retail with the tokens they created for themselves for free. Go look at EOSETH chart and read about the history of EOS. This is the exact same scam all over again for newfags like you who don't know how this works. Don't fall for it, they are masters at manipulating.

Inflation numbers:
Circulating supply Jan 27 2022: 244,852,769
https://web.archive.org/web/20220127152152/https://www.coingecko.com/en/coins/avalanche

Circulating supply Jan 27 2023: 314,771,897
https://web.archive.org/web/20230127081851/https://www.coingecko.com/en/coins/avalanche

(314,771,897 - 244,852,769) / 244,852,769 = 0.2856 = 29%

https://cryptoleaks.info/case-no-3

>>54480667
>sub $1B TVL
>sub 30k users
muh mainstream adoption

inb4 "b-but it's a bear market"
>down 15x from ATH
>while arbitrum is up slightly over the exact same timeframe
>arbitrum now has 3x avalanche TVL and 10x users

turns out your turkroach chain boasting high metrics with massive token incentives in a bull market is not doing so well in regular market conditions
who could have seen this coming

>>54483490
AVAX has max 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.

>>54483490
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

>>54483490
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.

>>54490467
>>54490478
>>54490490
Cope

>>54483877
>>54483822
>>54483269
>>54483101
>>54482971
>>54482907
>>54482588
What's up handfag?
https://twitter.com/avalancheavax/status/1522303331007401985?lang=en
>>54485779
ICP shills/holders don't know basic facts about their own project in their own threads, why would you think retarded FUDsters would be able to do that in AVAX threads.
>>54488945
Arbitrum is just ETH liquidity sloshing around for airdrops kek. Nobody cares about altcoin defi right now because usage and gas fees are low and the bag holder effect is strong.
>>54490467
>>54490478
>>54490490
Meds

>>54480581
Nice one anon this got some sweet pussy deal as web3payments platform keeps fucking me so hard with it new tokenomics 2.0 supercharged utility additional income & perks for customers, merchants and holders via metastaking

>>54480564
my average is 70 op.
it cant be helped

>>54480564
>2043
We cyberpunk now, chooms

>>54487274
You got some nice shit fags just wish UTK gains more juicy profits as I’m loving the new 2.0 tokenomics! cashback, Staking, and premium features for all. Plus, it has buy & burn mechanism that reduces the supply with every transaction.

>>54483096
Go ask you mama I don't fuck with wrong pussy

>>54491445
Wagmi anon for me, any project that promotes crypto payments is acceptable, which is why I don't only hold BTC, but also some altcoins like any of the web3payments platform because I use it for payment and it charges only a 1% fee which is so cheap compared to when I use PayPal.

>>54480581
I haven't heard anything from ICP since 2021, I understand why you hate yourself anon. ICP is just a circlejerk of devs wanting to be cool and edgy, no one is gonna use that shit and there's no need.

>>54480667
>>54480757
It's not worth encouraging low IQ niggers who in the end prefer to dump their money in dead coins like icp or matic

Don't take it too seriously anons, this jeet doesn't know what to post today and he won't get his 1.00$ if he doesn't fud something, dw jeet, hope you can at least buy rice to don't die starving kek

>>54480581
>most elaborated shill in whole biz
they are not even trying to hide it anymore

>>54480564
AVAX looked promising but it seems like it lost its fire, I sold most of it for NXRA which is growing really fast

>>54487252
Become emotionally attached to a project and ngmi

>>54494594
Last time I checked NXRA is one of the top gainers on AVAX, so I guess you did the right thing

>>54480564

i hold avax because of that guy saying NIGGER in his threads
i HATE niggers

>>54495413
I hold avax because those red dildos attractive my wet leather. Retards will fomo soon just as they did with Elon's fucking doge. Keeping an eye out for altcoinistdao reviews on ai tokens

>>54480564
i hodl and yes i like when my wife peg me.

>>54480564
I sold it for EGLD ORE, Going in for self custody crypto which enables cross chain interoperability feels safe.