/biz/ - Business & Finance

>>54502426
We're not buying it unless the price stops being ass

>>54502426
Why are you talking about? No one cares about this roach scam.

Ethcucks are just massively asshurt that Avalanche built an optional KYC walled garden way ahead of them. God I want to strangle every last one of these Söylent-gurgling chucks.

>>54502426
What do you do when you see a roach colony? You kill it. People got tired of those fake partnerships, scandals, forced and aggressive shilling and so on.

>>54502426
Pretty much everyone at the top of Ava labs is a pedo satanist child eater

Kevin dropping some alpha

>>54502426
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.

>>54502426
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.

>>54502426
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.

>>54502426
I mean they didn't do anything right either. LSD or RWA are the way

https://twitter.com/AltcoinistDAO/status/1644325161141694465?s=20

>>54502426
oh no no no.
gagagagaga

>>54503169
same as AVAX, ALGO is another eternal dump scam. How do people fall for this?

>>54503104
delete this

>>54502426
Fuck this crab dumping piece of trash coin. Going down faster than you can say double spend.

>>54503133
>>54503147
>>54503156
do you have an icp version of this critique?
t. pee bagholder looking for more info

>>54502426
Because more and more people are waking up and realizing it's some garbage fucking turkroach scam that gets shilled by other turkroach retards

>>54503315
>t. pee bagholder looking for more info
Who are you trying to fool roach?

>>54503133
>The C-Chain's 2-sec blocks have an 8M gas limit.
it was recently increased to 15M so C-Chain now has a max of 133 TPS. these gas limits are arbitrary and can be raised until you reach hardware/network limits where max theoretical TPS is 1500 for the C-Chain. gas limits are just there to prevent state bloat and spam.

>>54503156
>Validators are paid by staking rewards, and those staking rewards account for a HUGE amount of annual inflation.
validator rewards are around 9% and slightly more than half of all AVAX is staked so it's roughly 5% inflation from stakers. wouldn't label that HUGE since most fiat currencies are inflating faster than that right now.

>>54502426
Shitcoins

>>54503133
>> Misleading advertised as a 500+ TPS network
Not sure where you see this, avalanche throughput is dependent on a per chain basis.
>> Avalanche's throughput is only 20% faster than Ethereum L1 on, can burst up to 60% faster than Ethereum for brief moments before gas price starts skyrocketing
C-chain has regular bursts in the hundreds of TPS https://stats.avax.network/dashboard/overview/
ETH throughput is 12-14 max due to consensus bottlenecks. The gas limit on Avax is arbitrary and is only there till mangroveDB addresses state growth
>> C-Chain - 71 TPS:
That's the target for now, it can easily do more.
>> X-Chain - 7000 TPS: This chain is only seeing under 2000 transactions a day, so it's only using 0.0001% of its capacity.
X-chain was neglected in focus for C thus far. That's about to change with Cortina
>> 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
It doesn't need to and hopefully shouldn't ever, not FUD.
>> 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.
Polygon and BSC are not trustlessly interoperable chains running on the same protocol. If you report ETH throughput as a system you should include L2s as well as L1 transactions. The whole point of avalanche is that Dapps run their own chain if they need the throughput, see picrel

>>54503147
> Very little actual activity
> C-Chain: 150K daily transactions (1.5 TPS of actual activity)
Yes because crypto games and TPS heavy use cases have been moved to their own subnet. I'd love to see ETH throughput of just defi apps kek. Also deep bear market for defi in general.
> X-Chain: 1K daily transactions (0.01 TPS of actual activity)
X-chain is about to become much more important with subnet interoperability online and tons of subnets coming down the pipeline
> P-Chain: 10K daily transactions (0.1 TPS of actual activity)
P-chain FUD again kek
>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.
Neither P or X have been heavily utilized to this point, who cares about this stat.

>>54503156
>> The Avalanche networks are sustained by high inflation
Inflation rate is staking ratio x reward rate. Currently that is around 0.62 and .085, meaning the inflation rate is ~5% per year and it's been around this figure for the entire network history thus far.
>> Supply inflation: Circulating supply of the AVAX token has increased by 220% in 2021, followed by a 27% increase in 2022 ($3.5B).
Only 52M AVAX is actually a result of inflation to date i.e. the reward rate for securing the network listed in the previous point. Your scary percentages are because the network was 3 months old in Jan 2021 and the genesis mint tokens were almost entirely unlocked throughout 2021-2022, minus the team/foundation runway. None of the unlocks ever actually dumped the price, in fact the price often pumped on unlocks.
>> The circulating supply is currently only about 45% of its maximum supply cap. Validator staking rewards account for a HUGE amount of annual inflation.
No, it's 5% of circulating supply kek
>>Burn rate is 500x lower than issuance rate: 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.
Ethereum is almost 10 years old and has retarded gas fees. C-Chain minimum gas fee is 1 nAVAX. In any case, you're missing that all these subnets coming online require 2000 AVAX to be staked PER NODE. Additionally people can delegate with as little as 25 AVAX.
>> 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.
Incorrect. Approximately 40M tokens of the initial 360M genesis are unlocked per year as team/foundation runway. Otherwise supply only increases at the ~5% reward rate and that decreases as max supply is approached.

>>54502432
>>54502467
>>54502477
>>54502492
>>54503133
>>54503147
>>54503156
>>54503161
>>54503169
>>54503209
>>54503265
>>54503315
>>54503328
>>54503343
>>54503440
>>54503561
And they all gather, straight outta telegram.
Make sure to keep on funding every single AVAX thread around, might get a 2k rupees bonus ($20 USD) by EOM.

>>54503315
>>54503415
>>54503510
>>54503561
>>54503688
>>54503705
And they all gather, straight outta telegram.
Make sure to keep on shilling every single AVAX thread around, might get a 2k rupees bonus ($20 USD) by EOM.

>>54503265
Bless this crab pumping piece of gold coin. Going up faster than you can say nigger.

>>54502426
welcome to the crypto market, where every shitcoin paids brown jeets to fud bigger projects and see if they can take some spoils of war

funny because i never see anybody talk about avax in anyway, ever. except this board

>>54504416
Search for those red triangles at Twitter, and you will find the same aggressive brownies typing in caps insulting every one who reveals that scam.

>>54502426
kinda wanna buy it at $11 and sell it at $20. Praying and manifesting.