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File: 119 KB, 736x959, Screenshot 2023-05-25 165453.png [View same] [iqdb] [saucenao] [google]
55089591 No.55089591 [Reply] [Original]

ICP allows you to send ckBTC directly from your NNS wallet to a BTC address -- With no bridges or off-chain 3rd parties involved.

Ethereum integration is next. It's under active development is coming soon. Take a moment to think about what this means for crypto.

>> No.55089600

>>55089591
is this real?
How do I start running a ICP node? I need to farm some ICP

>> No.55089606

>>55089591
Ok i thought it was shit and basically wrote it off

>> No.55089780

>>55089591
Means nothing. Nobody cares. CkBTC was just a carrot on a stick. Nobody uses it or is developing dapps that utilize it

>> No.55090100

>>55089780
lol this is pathetic
of course people are using it
sorry you bought in high and got played by Sam

>> No.55090109

>>55089600
You can't. Only sanctioned large companies can start ICP nodes and they need to be added manually to the network.

>> No.55090116

>>55090100
Dude ICP is a ghost chain. There is like only 500 ckBTC on chain and 99% of that was from ICP team

>> No.55090189

>>55090116
>Dude ICP is a ghost chain
really I see it being used all the time and check in to a few different apps a day
only ghost chain is in your pants fag

>> No.55090303

>>55090109
Kek. There's no way. That would make it extremely centralized which completely defeats the purpose of a blockchain.
Can someone give me some real info on spinning up a ICP node?

>> No.55090318

>>55090189
You are gaslighting yourself. Total defi liquidity is like 2 million dollars

>> No.55090403

>>55089591
explain how this works. obviously you can't physically send btc across chains, so where does it actually go?

>> No.55090435
File: 621 KB, 1674x817, btc to ckbtc.png [View same] [iqdb] [saucenao] [google]
55090435

>>55090403
ckBTC is a version of wrapped bitcoin that has a much stronger underlying trust model due to the ability to use trustless ECSDA signatures to execute transactions between canisters.

>> No.55090445
File: 639 KB, 1669x843, ckbtc to btc.png [View same] [iqdb] [saucenao] [google]
55090445

>>55090435
It seems that there are many purposes for various canisters on the Internet Computer
- Ledger canister to keep track of ckBTC transactions
- Minter canister authorized create and/or destroy ckBTC.
- Bitcoin canister to interact with the bitcoin network (Each NNS principal ID should have 1 BTC address on the Bitcoin canister).

The BTC canister holds a pool of real Bitcoin of the amount of the issued ckBTC

>> No.55090462
File: 317 KB, 1290x1471, 3861D6C2-D35B-42C4-852E-BA3A294CCF8E.jpg [View same] [iqdb] [saucenao] [google]
55090462

Yup.

>> No.55090504

>>55090445
so canisters are smart contracts? what exactly is the bitcoin canister then? a smart contract hosted on icp that controls a btc address? if so who controls the private key to that btc address?

>> No.55090526

>>55090504
can’t tell if you’re trolling or just an idiot, it would be your NNS account that controls your ICP and ckBTC

>> No.55090553
File: 1.59 MB, 1175x1629, 1669836466902071.png [View same] [iqdb] [saucenao] [google]
55090553

>>55090504
ultimately Dominic Williams. ICP uses PoD, Proof of Dom

>> No.55090670

>>55090526
i'm just trying to understand how this works and why it's so revolutionary. it looks like the basics of it is you send btc to a btc address and icp mints a ckbtc in response. but what makes this different and more secure than bridge?

>> No.55090700

>>55089591
What exactly is NNS?

>> No.55090714

>>55090462
ICP has consistently wrapped over $250,000 worth of BTC every week for the past 5 weeks. If you look at the data, deposits are growing in frequency and size. The rate of adoption appears to be growing. I hope those that read this thread realize what this means. ICP is going to swallow everything.

>> No.55090719
File: 16 KB, 944x581, Untitled.png [View same] [iqdb] [saucenao] [google]
55090719

>>55089591
Umm what the hell is this? Why don't they have https for their website?

>> No.55090732

>>55090670
Spoon feeding time is over.

>> No.55090745

>>55090732
And there it is, the calling card of the empty shill.

>> No.55090771

>>55090732
what's the point of even making this thread then, just make a icp general if you want to circle jerk. from what i understand it looks like icp hasn't technically done this without using bridges, it's just that the bridge is officially created by the icp team and is baked in at a protocol level. but at the end of the day it seems like it functions the same way bridges do on other platforms, it monitors 2 addresses and when 1 address gets an input the other address does an output. and those 2 addresses are monitored and controlled by smart contracts which are secured by icp nodes. so then what makes this different than wbtc on eth?

>> No.55090787

>>55090700
It is the shell through which humanity submits proposals to be voted on before the Internet Computer. Cicada 3301 Moonman 2021

>> No.55090827

>>55090771
The fact that they have no interest in actually discussing anything specific about the project they're shilling is pretty much certain proof that they're hired shills to create exit liquidity for VCs.

>> No.55090864

Tendy bros were eating good.

>> No.55090905

>>55090771
Just stop. You’re embarrassing yourself.

>> No.55091037

>>55090771
>so hows it all work guys??
>kidding i knew all along retards
>it sux
kys

>> No.55091136

>>55089780
There’s like a 100 btc on the network all ready you fudding, sneeding reject faggot

>> No.55091159

>>55090504
Canisters are smart contracts, large packets of wasm data, so smart contracts in the 10’s of gib. You can write pictures, videos, etc to the blockchain. The btc canister controls the private keys, it is black holed and creates btc keys to write to btc network using chainkey cryptography.

>> No.55091164

>>55090771
>bridge baked into the protocol
bingo. congrats you are officially smarter than 99% of all ICP holders setting your minimum IQ at around 80. Just wait until you figure out what a canister actually is, kek

>> No.55091174

>>55090700
It’s a giant dao, where proposals are submitted and the network updates automatically, there’s some faggot saying things are added manually, this is incorrect, the network updates by itself if the purposal passes through votes

>> No.55091200

>>55091164
This is a way of simplification and doesn’t take into account the revolutionary ways in which the nns interacts with chainkey technology to access the btc network. But you’re a retarded faggot, so over simplification is all you can do. Just sneed and over simplify

>> No.55091352

>>55091037
it's called learning

>>55091159
if the canister creates btc keys then i assume you have to call the function on icp first? so if i want to send btc to icp i call the function on icp, it generates a btc address, i send btc to said address, it mints a ckbtc. how does the canister know i sent a btc to the address? do icp nodes act as oracles?

>> No.55091363

>>55090303
:))

>> No.55091377

>>55090318
Who cares about defi?

>> No.55091383

That is actually neat.

>> No.55091400

>>55091136
Holy shit! 100 whole Btc?! Lol. Sry for my mistake. That is a lot! A whopping 1/210,000 of the Btc supply!

>> No.55091437

>>55091400
Only 100,000 L1s can lock as much BTC as ICP!

>> No.55091444

>>55089591
wow its just like moonman said. next up 2keoy

>> No.55091541

>>55090864
Fr fr, no cap.

>> No.55091637
File: 63 KB, 801x270, 1684880766827935.png [View same] [iqdb] [saucenao] [google]
55091637

>>55090714

>> No.55091682

>>55091637
>not posting the replies

>> No.55092039
File: 2.48 MB, 4048x3036, 1505692845904.jpg [View same] [iqdb] [saucenao] [google]
55092039

>>55091200
>An idiot admires complexity, a genius admires simplicity. -King Terry
you and all ICP holders are retard gorilla niggers easily mesmerized by complicated sounding tech jargon. that's why none of you can explain how it works other than to say "it's complicated "alien tech", it just werks, trust in the plan, etc."
ICP is literally just a giant herd of nigger cattle being lead around by Dom.

>> No.55092061

>>55089591
Zenon kills ICP

>> No.55092165
File: 50 KB, 905x190, 1684841564679318.png [View same] [iqdb] [saucenao] [google]
55092165

>>55090116
>>55090318
>>55089780
>>55091400
>All other chains 1488% demoralized.

>> No.55092646

>>55090504
Bitcoin canister (bitcoin smart contract)
Run an identical copy of the bitcoin network inside an ICP Smart contract, that is essentially is, supposed to be launched in Q4 2021, that is probably why Moonman shilled it, but dfinity delayed it for another 2 years. No chain other than ICP can run entire blockchains inside a smart contract. ETH integration is coming then other chains like solana..

>> No.55093130

>>55091164
You could also have dismissed the whole of blockchain with this kind of reductionist logic, and yet it's a $1 trillion market now.

>> No.55094257

I SOL'd all my ICP for FLUX

but I kept all my TENDY in anticipation of summer DAVOS 2023 in Tianjin, Chaina

>> No.55094476

Scam

>> No.55095325

>>55091174
How does it do that? Is it an AI?

>> No.55095363
File: 323 KB, 563x418, cosm-sur.png [View same] [iqdb] [saucenao] [google]
55095363

>>55089591
>6 million integrations
> think about what this means for crypto
nothing
see also: chainlink

>> No.55096085

Don't forget the part where you have to KYC in order for the 32 permissioned validators to allow you to use it.
>>55092646
>run an identical copy of the btc network in an ICP smart contract
The confidence with which ICmidwits state such nonsense makes me laugh.

>> No.55096472

>>55096085
No one cares about some nobody on /biz/ of all the places crying about mario64, tranny porn inside some smart contract. IC isn't designed for this, it's designed for solving real world problems.
>run an identical copy of the btc network in an ICP smart contract
What is ckBTC?

>> No.55096568
File: 262 KB, 879x905, localledger.png [View same] [iqdb] [saucenao] [google]
55096568

>>55096085
>run an identical copy of the btc network in an ICP smart contract
The confidence with which ICmidwits state such nonsense makes me laugh.
>run an identical copy of the btc network in an ICP smart contract
The confidence with which ICmidwits state such nonsense makes me laugh.
>run an identical copy of the btc network in an ICP smart contract
The confidence with which ICmidwits state such nonsense makes me laugh.
>run an identical copy of the btc network in an ICP smart contract
The confidence with which ICmidwits state such nonsense makes me laugh.
>run an identical copy of the btc network in an ICP smart contract
The confidence with which ICmidwits state such nonsense makes me laugh.

Bitcoin ledger = local ledger
Bitcoin ledger = local ledger
Bitcoin ledger = local ledger
Bitcoin ledger = local ledger

For the Million'th time.. Low Cost public canisters are revolutionary, niggers are poor because they don't know shit, never go outside, never talk to people, never network with other influential people, stay inside a bubble their entire lives, voice opinions 7-8 figures above their paygrade. Not going to spoon-feed, sell then pussy.

>> No.55096664

https://mqygn-kiaaa-aaaar-qaadq-cai.raw.ic0.app/dashboard

116 BTC on the internet computer, wagmi fellow juggalos

>> No.55096934

>>55096568
How many pissypees to make it

>> No.55097640

Yeah, I'm just gonna keep buying more ICP, nothing else, and there is nothing you can do to stop me.

>> No.55097663

Let them fud pee bros i want to keep buying.

>> No.55097671

>>55089591
Alien tech

>> No.55097746
File: 89 KB, 2097x961, icprice.png [View same] [iqdb] [saucenao] [google]
55097746

>>55096472
>>55096472
>What is ckBTC?
lock/burn and mint bridged KYC'd wrapped BTC on ICP, secured by 22/32 permissioned nodes of a specific subnet which the NNS, controlled by dfinity, arbitrarily assigns. This is all that is relevant, anything else is bing bing wahoo marketing speak.
>>55096568
"run an identical copy of the btc network in an ICP smart contract"
>Bitcoin ledger = local ledger
btc network
>Bitcoin ledger = local ledger
btc network
>Bitcoin ledger = local ledger
btc network
>Bitcoin ledger = local ledger
btc network
network =/= ledger. And I can run a "local ledger" on a raspi with an SSD, that's not some grand accomplishment or somehow alters the security assumptions above, it's just how dfinity has gone about implementing their bridge.
I know you're a third world shiller but at least try to read if you're going to talk shit.
>niggers are poor because they don't know shit
I'm not poor because I didn't buy ICP lmao (picrel)
>sell then pussy
nothing to sell

>> No.55097990

>>55097746
ckBTC is there just to incorporate it into every dApp that lives on the IC. and for the speed
you don't have to mint the ckBTC though since the IC can still have smart contract capabilities to native BTC held by the canister
also not KYC'd
now go get a job you smug fuck

>> No.55098078

>>55097746
You sound kinda desperate. Why would you want so badly for us to sell? Are you afraid of something?

>> No.55098107

>>55097746
Leave out the fact that
>ckBTC holds native BTC inside the smart contract.
>ckBTC canister is immutable.
>Canisters do not create themselves, there has to be a controller or principal. That controller can be 1 person or the NNS. Whether Dfinity can override decisions on the NNS is the real question. You obviously biased towards Dfinity, we cannot expect a real answer from
you. The question is whether the ckBTC canister should be immutable or not.


Compares running a local ledger on a smart contract controlled by distributed on a raspi controlled by 1 entity.

You will be poor, because we know your chain can't scale.

>> No.55098215

>>55097990
ckBTC is the only actual practical token to use, it is a bridged token. The "native" BTC has all the limitations of BTC since it still lives on the BTC network and is secured by solely by the BTC network, which is fucking molasses and of limited utility. There's still added security assumptions from a user perspective with smart contract risk and the underlying assumptions of the IC. The point is that OP and others are using hyperbolic marketing speech to obfuscate this.

>> No.55098248

Why exactly should we bitcoin and ethereum maxis not manipulate this coin to zero? You guys think you can cut into wales market share? Fuck off.

>> No.55098376

>>55096934
1000 ICP to become a high net worth individual

>> No.55098450

>>55097746
>secured by 22/32 permissioned nodes of a specific subnet which the NNS, controlled by dfinity

You are implying that Nodes have voting power, this goes against the ICP-FUD narrative that node-providers continuously dump their ICP, which one is it?
Do node-providers stake their ICP - obtain voting rights and weight and have influence on the NNS
Or do they dump their monthly ICP?
Which one is it nigger?

I cannot stand niggers I am implying that you are a 9/5 nigger with zero business acumen.
We want muh mass adoption and we want decentralization, as in democracy, as in letting the 9/5 populace {you) with zero business acumen to decide what is best for the IC.
Don't let the IC be a meritocracy, don't let the entrepeneurs/developers decide what is best for this platform, after all it's 4chan-niggers like you that create value for the network right?
I can tell you right now. There will be NO mass adoption for the IC, if the IC doesn't abide to law (mercantile), laws that hold both the consumer and business accountable, it protects businesses ....
I don't even know why I am explaining business101 to a nigger, who lives in some sorta fantasy cartoon world, that thinks the ethos of crypto is complete anarchy, cry about DMCA..
yeah the only usecase for the IC is piracy according to the average 4chan nigger.

The average 4chan nigger talks about decentralization, price action, never quite understood the bigger picture of scalable smart contracts.

>> No.55098466

>>55098215
this is the most trustless "bridge" there is
you're just hellbent on this not being seen as a better solution as all the other shitty hackable bridges out there
you're probably another eth maxi shitting on all over ICP because it has tech some which you may be envious of
not icp's problem, marketing is marketing and everyone embellishes at times
your problem is with what is being accomplished here and it's obvious - this is the best interoperability solution there is. period

>> No.55098498

>>55098376
God damn there will be a lot of high net worth individuals lmao

>> No.55098532

>>55098215
oh and another thing, every fucking chain out there is lying about their capabilities daily. every post about some new social media, games, or anything else running *ON* their chain is a flat out lie
best you have on ICP is you disagree with how to define trustless or bridge when the real conversation is about how far ahead they are with this piece of tech

>> No.55098579

>>55089591
>Ethereum integration is next.
And what is going to happen? I'm finally going to be able to make a change without having to pay +$10?

>> No.55098653

>>55098107
>Leave out the fact that
>ckBTC holds native BTC inside the smart contract.
"lock/burn and mint bridged KYC'd wrapped BTC" learn to read please
>ckBTC canister is immutable
so long as "22/32 permissioned nodes of a specific subnet which the NNS, controlled by dfinity, arbitrarily assigns" is true.
>Whether Dfinity can override decisions on the NNS is the real question
Dfinity basically controls the NNS, they don't necessarily need to override it.
>Compares running a local ledger on a smart contract controlled by distributed on a raspi controlled by 1 entity
ESL aside, ICP node servers far exceed the hardware requirements of a BTC node, I sure hope they can run a quasi full node lel.
>>55098450
>You are implying that Nodes have voting power, this goes against the ICP-FUD narrative that node-providers continuously dump their ICP, which one is it?
I can't tell if strawman or just conflating the FUD. 22/32 nodes is the safety threshold for the consensus mechanism of the ckBTC subnet, the assumption is that at least 22 node operators are correct and not colluding.
Node providers of course sell their ICP because they need to get paid to cover operating expenses. The FUD is that early team members and seed VCs dumped/are dumping ICP they received for cents (which is a fact btw). Separately, Dfinity controls a large portion of voting tokens on the NNS with many people simply delegating to them, such that 51% is a trivial barrier for dfinity to impose their will on the network
>strange rant on business acumen
You're missing the point. The whole promise of crypto is decentralization. That means that centralized actors don't control networks, as many people as is possible can openly participate without anyone else's permission in the validation of the network, node operators are not able to engage in disproportionate value extraction from the network, etc. It's not about breaking the law (reasonable ones at least) or hosting illicit content.

>> No.55098827

>>55098466
no I just find "muh alien tech" "no bridges!" etc. distastefully inaccurate.
>marketing is marketing and everyone embellishes at times
Almost all ICP marketing I see is embellished to the point of being false, esp with the chain's history being what it is.
>your problem is with what is being accomplished here and it's obvious - this is the best interoperability solution there is. period
It is an ICP centric "solution" and "best" is meaningless
>>55098532
not having a dApp fontend served by the same nodes the backend blockchain runs on does not constitute a lie, that's not what people understand from that phrase.
What I have on ICP is that it is a centralized, permissioned and less performant "blockchain" alternative to traditional cloud compute. Again, ICP's ability to do this "alien tech" stuff is predicated on using giant data farm servers for nodes, and being permissioned. BTC, ETH, Cosmos, AVAX, DOT, SOL, etc. all are permissionless and run on (with the exception of SOL) consumer hardware. These "muh singularity, absorb all crypto" posts are retarded because you're comparing two very different things with very different attributes and assumptions. If ICP absorbs all crypto (not that it has or ever will have the performance to do this) onto their permissioned servers then crypto is dead.

>> No.55098914

>>55098827
>not having a dApp fontend served by the same nodes the backend blockchain runs on does not constitute a lie
this is absolutely a lie - it's completely false
you have no problem with this outright dishonesty but are all over ICP's case because you disagree with how the tech is categorized which means you have a bias
we're 2 years in and Dfinity's voting share is down to 21.78% and will continue to drop
followee reset will happen, nns controlled boundary nodes will happen, and eventually it'll be opened up to all to run a node. then I'm not sure what your problem is going to be. you'll think of something though

>> No.55099159

>>55098653
>>55098827
Look at this dude kek! I bet he locked all his funds on some shit chain and now that ICP arrived he is afraid to get run over.
The truth is that there is no space for hundreds of chains and ICP is the end game. You gambled in some "ETH killer" and you lost.

>> No.55099748

Summary:
Dfinity has too much power. Let the community, developers decide the direction of the IC rather than Dfinity.
Let's take a closer look at the developers and their midwit-communities. What are these elite devs building ? Metaverse, NFT's, GameFi, shitcoin-casino, social-Fi.
Let the community,investors, developers ( who I have little to no respect for btw), gain influence over the direction of the protocol?


Or let Dfinity,a foundation comprised of specialists in the area of compliance, growth, law, finance, business, engineering, security decide the direction of the IC without putting the protocol
at risk from any jurisdictional scrutiny, but call it centralized when in reality it's just mere meritocracy
I'm not impressed with the quantity of spam-projects build on the IC. Scaleable affordable smart contracts can solve real world problem.
The recent partnership Dfinity + Origyn + FederItality is a example of a real world problem 'counterfeiting' that is solved IC's affordable provenance on a public ledger.
The law will play a huge role in ensuring that the Jurisction you're in will recognize the proof of authentication, if you get screwed over, at least this certification can be used
as evidence in court. Scalable smart contracts are here, they can be used to solve real world problems like optimizing supply chains, real-time automated delivery.
9000 Companies in Italy connected to FederItality are experimenting with ICP's contracts.

>> No.55099837

>>55098498
Probably like less than 25,000 people have 1000 DESU

>> No.55099865

>>55089591

ICP is the pinnacle of shitcoins. Buying it is 100% cuck. Shilling it is 100% cope. The best it can boast is that it works with other, superior crypto projects. It's useless.

>> No.55099965

>>55098827
>What I have on ICP is that it is a centralized, permissioned and less performant "blockchain" alternative to traditional cloud compute. Again, ICP's ability to do this "alien tech" stuff is predicated on using giant data farm servers for nodes, and being permissioned. BTC, ETH, Cosmos, AVAX, DOT, SOL, etc. all are permissionless and run on (with the exception of SOL) consumer hardware.

Yet ICP, Outperforms BTC, ETH, Cosmos, AVAX, DOT, SOL that are running on giant data farms running on traditional cloud compute services Digital Ocean, AWS. you call ICP permissioned because Dfinity can choose who they allow to become a node-provider.
Avalanche validators must pass KYC checks.
BTC miners in certain jurisdictions will have to undergo ESG scores. Permissioned or not, don't care what color the cat is, as long as it catches mouse, blockchains that stay inside the crypto-bubble, speculative casino gambling, NFT's, game-Fi, social-fi all that nonsense, is just waste of potential.

>> No.55100047
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55100047

>>55089591
More like ICP is swallowing all the dicks

>> No.55100409
File: 110 KB, 1024x936, 1683120881293571.jpg [View same] [iqdb] [saucenao] [google]
55100409

I bought 91 ICP and added them to my 8 year neuron today.

>> No.55100491

>>55089600
Icp is a scam anon

>> No.55100648
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55100648

>>55089591
Only thing ICP is swallowing is my whole cock

>> No.55100722

>>55100409
>I bought 91 ICP

You would literally done better to have bought that Obama Sonic rug scamcoin, it would have saved you some time, ICP will rug the same it will just take 100x longer

>> No.55100749

>>55089591
ICP is a scam and moonman is a scammer.

>> No.55100890

SNS-1 market buy 2500 ICP on icdex?

>> No.55101564

How much ICP to make it?

>> No.55101705
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55101705

HOLY FUCK I CAN SEND FAKE INTERNET NUMBERS FROM CKBTC FROM NNS TO BTC?!?!?!!?

>> No.55102212
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55102212

>>55100648
>Thirdie
You forgot to laugh in caps, that is your trademark.

>> No.55102374
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55102374

>>55089591
>>55089600
BWAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHHAHAHAHAHAHAHAHHAAHHAHHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAH

>> No.55102402

Tendy bros it's our time again.

>> No.55102443

>>55090189
Come off of it

>> No.55102516

>>55101564
1

>> No.55102870
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55102870

>>55102212
>You forgot to laugh in caps, that is your trademark.

>> No.55103124

>>55090771
Haha I can't

Icp 20k$ when?

>> No.55103649

>>55100890
wow it's real lol

>> No.55104349
File: 119 KB, 970x1054, FwTs8GtacAU1KRu.jpg [View same] [iqdb] [saucenao] [google]
55104349

wtf niggaz, I can't stop munching tendies. I just can not get full, I need more tendies

>> No.55104362

>>55089591
I have 500 bros what can I expect in 2025

>> No.55104965

Just buy ICP. That's it. That's literally all you have to do. Just buy ICP and you will be a multi millionaire within 5 years or less. It's that simple.

>> No.55105080

>>55089600

no, the company is run by big ego cunts who will ultimately drive the project into the ground.

You already know it's shit, why?

1.) It's a PoS blockchain

Yes, I know, solana and bnb are pos and successful, guess what nigger? Both solana and bnb were/are backed by a central exchange, both which were / still are moving billions of USB weekly.

What is ICP moving? Dumps, continuous dumps.

2.) It was never a PoW so you can't compare it to how ETH started and switch to PoS

3.) It's centralized and the developers are extremely picky about the content.

4.) YOU CAN'T FUCKING RUN A NODE UNLESS YOU PAY THEM THOUSANDS OF DOLLARS TO BUY THEIR PROPRIETARY HARDWARE

This has got to be the most retarded idea yet related to blockchain software community support.

If anything, this thing will pump and dump but it's not going to hold a candle to BNB, Solana, ETH simply because the fundamentals are the most undesirable i'v seen yet in blockchain tech.

>> No.55105122
File: 704 KB, 2318x2888, 1684984813511855.jpg [View same] [iqdb] [saucenao] [google]
55105122

>>55104965

it ain't gonna happen. No one wants this centralized proof of VC scam trash.

Hedera, Avax, Pulse, Algo, Cardano...

No one wants to use this shit, it's all VC dump scams run by huge cunts.

>> No.55105152

>>55105122
none of those do anything besides moving coins around, same with bnb, solana, and eth
they all are useless
icp is the only one that can bring useful blockchain tech
go farm your airdrops or buy some nfts

>> No.55105603

>>55089591
Finally stacked 4500 ICP this dip. WAGMI

>> No.55105627

>>55090303
He is not joking actually
To give matter a perspective, if the entire internet ran on ICP, there would be no pirate bay

>> No.55105628
File: 68 KB, 1271x925, 230499450736772040228722747733949544821.png [View same] [iqdb] [saucenao] [google]
55105628

>>55089591

>> No.55105650

>>55105628
so this is the power of decentralization

>> No.55105713

>>55105627
Seriously how do pissfags explain pirate Bay? This supposedly centralized old internet has all the content you could ever want to torrent right there after a decade

>> No.55105779
File: 20 KB, 342x281, 1678257159590387.jpg [View same] [iqdb] [saucenao] [google]
55105779

>>55105650
decentralization?

>> No.55105914

>>55105713
Do you faggots understand how the piratebay operates? You can just start hosting illegal content on an isolated cloud service provider. All dfinity is offering a cloud service that has been implemented with blockchain tech. It prioritizes with security. It’s not supposed to be another tor alternative.
I swear the retards here just think blockchain tech is only limited to moving coins from a to b and isn’t capable of anything else.

>> No.55105946

>>55105914
>You can’t just start hosting illegal content on a cloud service provider.
All governments have to do is just target those nodes. Dfinitys walking the line with governments. You guys can argued about the semantics and morality of it but icp is the only project actually offering something unique that can be used by anyone that wants to take advantage of blockchain tech. It’s super easy to deploy a dapp/website on icp as well. It shits on doing this through aws and you don’t even have to deal with security side of it.

Also faggots take note that China is now opening up to crypto. What project is popular in China and SEA? That’s right ICP. Take this as a hint

>> No.55105996

>>55105946
Dfinity demonstrating it's level of control over the protocol makes it more of a target, not less of one. All it takes is an email to dfinity to shut down a grey-area canister. And all it would take is dfinity saying no for a government to shut the whole thing down. That will never improve and it flies in the face of crypto as we know it. This is precisely why everyone shits on or ignores the project. It's fake and you're a retard.

>> No.55106047

>>55105996
None of this is true and it's all conjecture. You have no idea what will happen to the project.
It's fake and gay to play pretend in your head and act like it's 100% truth cause you're mad you bought in high. Not healthy spending all day seething like a baby.

>> No.55106087
File: 427 KB, 576x625, media_FwhUee7XgAA1RHi.png [View same] [iqdb] [saucenao] [google]
55106087

>>55106047
It's demonstrably true.

>> No.55106146

>>55090745
Fuck off newfag. Dyor or stay poor, nigger.

>> No.55106166

>>55106087
This shows nothing except Dom flies off the handle protecting what he's built. Spend nearly a decade building something worth protecting and you'll get it, but this is what you contribute instead. Nothing.

>> No.55106377

>>55105996
Again you’re arguing about the semantics/morality of the project. Who gives a shit when they literally cornered the market for the next stage of blockchain tech?
The same way bezos can take anything down applies with dom. The only difference here is what product is offered and currently there is no competition due to the infrastructure requirements and having to reinvent the wheel due to the patents dfinity has made.
You guys still don’t understand this project or the leverage it has within the blockchain space.

>> No.55106520

>>55106377
You still don't realize icp is not in the "blockchain space". And it's not a semantic or moral argument, it's a matter of fact. The only reason btc or eth are at their respective market caps is the decentralized, permissionless, persistent nature of crypto. Without those things you're not solving a problem.

>> No.55106639

>>55106520
nice reverse fud
i dont go on threads on blockchains i don't invest in, because i simply do not find it worth my time

be better

>> No.55106705

>>55090504
>if so who controls the private key to that btc address?
They use a special kind of encryption where they break up the private key between all the nodes that run that particular canister. I think something like 70% of them need to provide their part of the secret in order for for the coins to unlock.

Their documentation is horrible btw.
And so are their efforts at centralization.

For anyone who is interested in this sort of thing, do some reading on the AVAX website.
It's basically the same thing without the centralization, with better docs, and without the retardation of Rust and Motoko.

>> No.55106736

555 locked 8 years not dissolving and 50 liquid. It's not much today but it will be tomorrow.

>> No.55106776

>>55106520
>decentralized, permissionless, persistent nature of crypto
Word salad ...... no sense for business.
>decentralized.
Bitcoin isn't decentralized, you still need specialized hardware (ASICS) to mine it, it would only be TRULY decentralized if the hashrate plummeted from EXAHASH to MEGAHASH, so everyone could mine it with their gaming PC's.
It's not truly decentralized yet, there is a single entity called an ISP that can block all the ports to your bitcoin wallets.
Bitcoin is permissionless? Bitcoin core devs can a few lines of code that can block or whitelist IP's addresses from any jurisdiction.
Bitcoin core devs have the ability to tweak the code that could potentially exclude certain ASIC models.


ETH is decentralized, 80% of the Infura Nodes are hosted on AWS, one call from Biden to Biden is enough to cripple the entire network.
Decentralized for rich people, yes... 32 ETH to run a node. Around 60k to a ETH node, the whales that own the majority of the ETH nodes, decide which transactions are valid, they also happen to reap the majority of the rewards, so the rich only get richer. Bin Salman could buy up 80% of the ETH supply, run nodes and decide that your transaction is not valid.
ETH is so decentralized, bro, what happened to Tornado Cash? NO PROTOCOL (except maybe bitcoin) IS SAFE FROM US SCRUTINY.
Persistent nature of crypto, persistent nature of ETH, deploy once store forever, 99% of the tokens is junk, $74Million to store 1 GB of junk data on the ETH blockchain, state-bloat can be resolved by ICP.
There is a need for a subscription based smart contract model, that void is fulfilled by ICP.

>> No.55106827

>>55106705
Total bullshit from you roach - it's way more centralized on Avax.
And you also don't have chain key which you left out.
Back to your shit hole.

>> No.55106871

>>55106827
Are the Turks in the room with us anon?

>it's way more centralized on Avax.
No it's not, you are lying.
And you have never written a single line of code that runs on I See Pee.

>> No.55106876
File: 43 KB, 855x924, Ohnonono.png [View same] [iqdb] [saucenao] [google]
55106876

>>55106871

>> No.55106902

>>55105779
>>55105628
>>55106087
At heart, I'm a businessman and this supposed to be a business and finance forum, but all I get are crypto-retards ranting about permissionless and decentralization bla bla.
>Permissionless crypto is brainlet opinion. Bitcoin is not recognized by superpowers like China,Russia, the US, EU as legal tender. If you want deep money markets, deep liquidity, luxury goods and services. The G7 or the B.R.I.C.S must recognize Bitcoin as legal tender of world reserve currency.
Governments and banks around the world still control the FIAT-OFF-RAMPS through exchanges.
4chan niggers never seem to get why mass-adoption will never take place without laws and regulation.

>> No.55106904

>>55106876
50% of ICP "developers" are troons that write ureadable code and shit up the documentation.
Firing them would improve both the codebase and the documentation.
And that's why I said that You have never written a single line of code on ICP. Even if the core idea is excellent and the core team is competent everyone and everything else is a complete shitfest.

>> No.55106907

>>55106871
No, you are lying. Threshold ecdsa is more decentralized than Avax's solution. I'm guessing you'll just say Dom controls the NNS.

Not linking my canister.

>> No.55106913
File: 583 KB, 1600x1467, 1684883460196378.jpg [View same] [iqdb] [saucenao] [google]
55106913

>>55106904

>> No.55106914

>>55106904
This is the lamest cringe vague complaining there is. Nothing concrete you just calling everything shit.

Back to the TG Chad.

>> No.55106923

>>55106520
I swear half the majority of retards here are fucking newfags from 2021 market thinking they understand anything about crypto other than scam talking points.
Decentralization is in a meme just like democracy. The majority of people are retarded and you can’t trust them to make the right decision due to how easy it is to manipulate. Democracy only ever truly worked is in the US when landowners were only once’s eligible to vote even though the US is a republic though.
True decentralization you talk about is a completely retarded pipe dream that retards only fall for. The funniest thing about your post though is that you think btc and eth are decentralized. You fucking newfags shouldn’t share your opinions when believing in such retarded ass lies.

>> No.55106966

>>55106914
>Nothing concrete you just calling everything shit.
Rust is shit for smart contract and so is Motoko. Rust is excellent for node software. And Rust is horrible for the SDK especially when written by retards.
Documentation is written by non programmers diversity hires and information in the forums/discord is gatekept.

>AVAX is less decentralized
How do I become an ICP node operator?

>> No.55107040

>>55106966
Well it's over for ICP - the DOCUMENTATION IS BAD.
Get the fuck out of here.

>> No.55107047

>>55107040
How the fuck are you supposed to onboard new people if everyone in the community is actively hostile against them retard.
That's why I said that YOU haven't written a single line of code on this shit network.

>> No.55107065

>>55107047
Are you just picking the recent threads on twatter and coming here to parrot it? Lol

>> No.55107073

>>55107065
No retard, unlike you I am a developer and had to go through all the shit code that I am referencing here.

>> No.55107077

>>55107047
And I HAVE written motoko code. I told you that.

>> No.55107082

>AVAX is less decentralized
How do I become an ICP node operator?
By renting a datacenter, the difference is that you're paying Jeff Bezos to run that data center for you, just pray that Bezos won't hike the price, so Emin won't feel the need to dump more tokens in order to cover the operating expenses or pray that the Chinese won't build better chips in the next 5-7 years once they figure out how to build advanced lithography machines, or pray that Amazon will exist in the next decade,they are continuous losing revenue.
ICP solves all of this by running their data-centers across different jurisdictions, there will be more nodes coming in China.

>> No.55107289
File: 26 KB, 639x344, 1678199710209362.png [View same] [iqdb] [saucenao] [google]
55107289

>>55106902
You're acting like icp is 95% of the way there. It's more centralized than aws. No one is even asking for it to be 100% pure, they're just pointing out that picrelated is absolutely laughable for a "crypto" project. This invalidates the entire thesis and all you can say is either it won't always be like this or this is fine as is. Either way you're a coping retard. Again, if btc could be erased by a third party it'd still be free.

>> No.55107400

>>55107289
This was one single exit node that didn’t want to host a gambling site. You could still access the canister from literally any other node. But you already know that and you will continue to post bullshit in every icp thread for the next eternity because you are a huge faggot. Got tell an ethereum node provider that they HAVE to validate your tx lmao. You are so fucking gay and retarded it’s unreal.

>> No.55107449

>>55107400
You left out that every exit node is run by one entity.

>> No.55107474
File: 260 KB, 929x1175, heyupherenigger.jpg [View same] [iqdb] [saucenao] [google]
55107474

>>55091136
Avalanche has 5694 BTC.b through their Custodianless unhackable Bridge.
Its already bigger than Lightning Network, however ICP will never see this amount of Bitcoin in their pathetic useless centralized network.

why BTC.b? because it can be used on the Avalanche C-Chain to earn a yield in various dapps.
ICP has nothing, no users, no dapps, no TVL, no smart contracts. nothing.
Its better to bridge that Bitcoin to Avalanche.

>> No.55107483

>>55107289
>>55107289
Great, another low IQ smug 4chan retard parroting concepts he barely understands, haven't I humiliated you enough?
ICP has 99,99% uptime because the protocol is build directly on top of independent data-centers. There was issue with 1 boundary node taking out a entire region, this has been patched, but overall ICP's network is distributed and therefore immune to central point of failure.
99% of all the other blockchains are build on traditional cloud services, which act as a middleman between the end user and the data-center. Which is a single point of failure.
While your shitcoin moves coins from A to B, ICP is solving REAL WORLD PROBLEMS.
https://arstechnica.com/information-technology/2022/09/how-3-hours-of-inaction-from-amazon-cost-cryptocurrency-holders-235000/
https://arstechnica.com/tech-policy/2022/07/internet-shutdowns-cost-global-economy-10b-so-far-in-2022-vpn-report-says/

>> No.55107489
File: 49 KB, 1144x887, NEETnodesdominate.jpg [View same] [iqdb] [saucenao] [google]
55107489

>>55107082
>blablabla dumb retard nigger doesnt know avalanchego can run on any hardware and doesnt depend on any cloud
NEETnodes dominate Avalanche.

>> No.55107503
File: 21 KB, 390x322, 1685059837553609.jpg [View same] [iqdb] [saucenao] [google]
55107503

>>55107483
>ICP is solving REAL WORLD PROBLEMS.
they havent solved anything, thats why there is zero users, zero demand, zero TVL, no dapps, nobody building anything of value on it.
Its just centralized garbage so dumb niggers like you stay poor forever.

>> No.55107507

>>55107474
>Custodianless unhackable Bridge.
Hacked for the second time.
Avalanche Bridge relies on Intel SGX Enclave Technology
https://arstechnica.com/information-technology/2022/08/architectural-bug-in-some-intel-cpus-is-more-bad-news-for-sgx-users/

>> No.55107539

>>55107503
>>55107489
>>55107474
ICP never suffered from congestion issues, fees never spiked beyond 0.001 ICP. , 99,99% uptime, has never been affected by AWS outages, Cloudfare outages, never had a brief outage, hackers never found any medium-high vurnabilities, the only chain in crypto's history that has been able to successfully upgrade the size of smart contracts to GB's, meanwhile your shitcoin can only move coins from A to B. Try to prove me wrong then.... You can't many tried, they all failed.
Avalanche engineer blames ''bug'' for the chain inability to scale....

https://www.coindesk.com/tech/2021/02/14/avalanche-crippled-by-bug-triggered-by-unusually-high-volume-engineer-says/
L2-Rollups are being developed by third parties, because Avalanche can't scale.

https://twitter.com/Avax/status/1572618060225298432
Avalanche crippled by cloudfare outage.

https://status.avax.network/incidents/7qd8vdd8d1js
Avalanche subnet's C-chain see brief outage because avalanche can't scale.

https://www.coindesk.com/markets/2023/03/23/avalanche-blockchains-x-and-c-networks-see-brief-outage/
Péter Szilágyi finds a critical insta-death bug in avalanche.
https://cryptobriefing.com/an-ethereum-core-dev-saved-avalanche-from-24b-network-insta-death/

>> No.55107577

>>55107503
Nice photoshop

https://www.cryptomiso.com

5,471 commits
+100 contributors


Avalanche · AVAX 736 commits
77 contributors

>> No.55107609
File: 104 KB, 1160x860, factcheck.png [View same] [iqdb] [saucenao] [google]
55107609

>>55107489
>ANY HARDWARE

>> No.55107649
File: 262 KB, 879x905, 1685114059259588.png [View same] [iqdb] [saucenao] [google]
55107649

>>55107474
>BTC.b
>centralized
correct, BTC.b is centralized and it's not secure.
And ckBTC is one month old, released in April 2023.

>> No.55107699

>>55102402
kys yeeeegz

>> No.55107706
File: 196 KB, 849x795, heyniggers.jpg [View same] [iqdb] [saucenao] [google]
55107706

>>55107507
>Hacked for the second time.
It was never hacked.
>Avalanche Bridge relies on Intel SGX Enclave Technology
not an issue for the Avalanche Bridge.
all problems were long fixed.

>>55107539
>ICP never suffered from congestion issues
It has no users.
>fees never spiked beyond 0.001 ICP
nobody uses it for anything.
zero users, zero demand, zero TVL, no dapps, nobody building anything of value on it.

>L2-Rollups are being developed by third parties, because Avalanche can't scale.
Avalanche scales through Subnets, VMs can run Layer 2s tho.
>Avalanche crippled by cloudfare outage.
wasnt a problem
>Avalanche subnet's C-chain see brief outage
It scales perfectly, it was a bug that was fixed the same day, no problems since.
>Péter Szilágyi finds a critical insta-death bug in avalanche.
and fixed it and got paid, no funds were lost.
Bullish that Ethereum Developers help Avalanche.
>>55107577
cope
>>55107609
yes on any hardware. of course it wont run on a potato but the requirements arent high.
>>55107649
>and it's not secure.
the bridge was never hacked. no funds were ever lost.
>And ckBTC is one month old
nobody will ever use that for anything, its useless.
BTC.b is getting mainstream adoption.

>> No.55107732
File: 141 KB, 1699x1226, ICPisgarbageforpoorpeople.jpg [View same] [iqdb] [saucenao] [google]
55107732

ICP has no adoption, nobody needs it. its obsolete and solves nothing.
The chart reflects this.

>> No.55107752

>>55107706
paid shill

>> No.55107763

>>55107474
literally controlled by 4 wardens - as centralized as you can get.
and most of your BTC is from North Korea and you will pay that price
lmao

>> No.55107782

>>55107706
70% of total value moved across your entire roachchain has been between two addresses
rest was just bots from north korea

>> No.55107891
File: 161 KB, 800x1012, bottome.jpg [View same] [iqdb] [saucenao] [google]
55107891

is this the bottom, $TENDY chads???

>> No.55107924

>>55107752
unpaid ICPoorfag
>>55107763
its custodianless.
>>55107782
>doesnt know what DeFi is
lmao typical for an ICPoor, of course you dont know what DeFi is because it doesnt exist on the Poorfag computer

no users, no TVL, no usecase etc.

>> No.55108119

>>55107449
It’s not, last time you said this I asked for proof and you linked to a forum post that didn’t even claim that.

>> No.55108163

>>55107924
>its custodianless.
lmao sure as shit isn't you lying sack of fat shit
you don't have users, it's all bots moving shit around
can't build a single thing on avax. boring ass old useless eth copy
kys

>> No.55108244
File: 342 KB, 960x1180, Fwzqc3TWcAA_Lz3.jpg [View same] [iqdb] [saucenao] [google]
55108244

even Tate is in on it lmao, and these dumbasses argue over kebab techs

>> No.55108270

>>55107924
Avax has been one of the worst performing coins in the last year. Much worse than icp. Keep seething nigger.

>> No.55108273
File: 113 KB, 1914x1068, ICPoverty chart.jpg [View same] [iqdb] [saucenao] [google]
55108273

>>55108163
>lmao sure as shit isn't
yes it is custodianless. thats by design thanks to SGX.
of course you dont know this because you dont know anything.

>you don't have users
ICP has literally none so dont project this on Avalanche where we have real users.
>it's all bots moving shit around
unlikely.
>can't build a single thing on avax.
everyone that matters is building on Avalanche NOT on the Piss computer. you never wondered why? of course not, you are stupid.
>old useless eth copy
Avalanche supports all Virtual Machines, not just the EVM. another thing you dont know because you are completely clueless. that is also the reason why you will remain poor. the ICP token isnt even needed for anything lol. its just for poor baggies like you.
lets look at the chart again shall we

>> No.55108284

>>55108270
Avalanche is getting mainstream adoption, thats why the Price will recover.
ICPoor wont recover because it has no adoption, no users, no TVL, cant scale, is centralized etc.
Its completely useless. you can seethe all you want but those are hard FACTs.

>> No.55108285

>>55106923
Wait so you think the solution is a network where you have to be given permission by a single entity to run a node and a simple majority DAO has authority over the entire network? kek
>>55107082
AWS can't just hike prices willy nilly, that's not how free markets work, I thought you were a business man? Besides, how exactly do you think ICP funds its own node base?
>>55107483
>99% of all the other blockchains are build on traditional cloud service
cloud nodes are fine as long as they are a minority of the network and not all hosted on US-EAST-1 lel. ETH has this problem though for sure.
>>55107503
>https://www.developerreport.com/ecosystems/avalanche
>https://www.developerreport.com/ecosystems/dfinity
look at the dates, the most recent numbers are from here and by this site's methodology it's 1.6mil vs 1.1 mil in favor of avalanche.
>>55107649
BTC.b and ckBTC are both permissioned and centralized bridges. BTC.b uses 8 wardens which are operated by specific, doxed, unrelated public entities. Each warden essentially runs a separate BTC node and to send funds across the bridge it requires 6 of 8 (75%) to agree on tx validity. The actual bridge that transfers the funds is operated in an SGX enclave. A user controlled private key which controls the funds and is used on both sides of the bridge as well as the same address.
ckBTC requires 22 of 32 ICP nodes which the NNS (governed by a 51% majority which Dfinity has tremendous influence over) determines. Something like 8 entities operate 80% of the nodes on ICP, the nodes are KYC'd and allowed into the network by dfinity though. The machines and the canister code are not secured by a hardware enclave.
Which is more secure? Frankly it's impossible to say.

>> No.55108325

>>55108273
The wardens are centralized as fuck. Seriously you guys are the biggest faggots ever. lmao
lol an eth copy where you can't build anything except moving tokens from A to B
ZERO use cases

>> No.55108341

>>55108119
https://forum.dfinity.org/t/content-filtering-via-boundary-nodes/18196/3
Feel free to post evidence that this is no longer true.

>> No.55108384

>>55108325
>brainlet ICPoor repeating nonsense because he doesnt know how anything works
this is why you stay poor.

>> No.55108435

Sad that every single icp thread has to be infested by you avax cockroaches while simultaneously you keep spamming the catalog with the same shitty "durr nignogs I have le avax!" thread every day. Zero imagination, zero memes, zero usecase. Just fucking kill yourselves you useless turkniggers.

>> No.55108451

>>55108435
ICP has no memes at all.
truly a ghostchain without community.

>> No.55108483

>>55108384
>lying roach lies about everything to defend his shitchain scam
a to b. all it can do
kys

>> No.55108494

>>55108483
the piss computer cant even do that. its useless.
and its true nobody is gonna use it for anything, thats why ICP will never get any adoption. it will always be a ghostchain with no users.

>> No.55108499

>>55108494
a
to
b
zero use cases

>> No.55108504

>>55108494
i forgot a use case - the professional bowlers association NFTs
LMAO

>> No.55108546
File: 209 KB, 1280x719, 1265cc.jpg [View same] [iqdb] [saucenao] [google]
55108546

>>55108451
here slurp this
you're not yourself when you're hungry

>> No.55108563
File: 115 KB, 1644x917, taiwanchickslides20.jpg [View same] [iqdb] [saucenao] [google]
55108563

>>55108499
>>55108504
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
Telekom and Vodafone running Validators for IoT
Skplanet runs a Subnet for 25 million koreans
Taiwan uses it for everything from DID to Insurance.
and many more...

What has ICPoor?
none of that
why have none of these companies decided to build on the Poorfag Pisscomputer?
why have they chosen Avalanche instead?
its simple, Avalanche works, the Pisscomputer doesnt.

>> No.55108569
File: 1.44 MB, 1610x1288, heyniggermycar.png [View same] [iqdb] [saucenao] [google]
55108569

>>55108546
pathetic attempt at a meme.
ngmi

>> No.55108648

>>55099837
Just under that right now. You probably mean 25,000 entities(corporations universities etc.)
Going to go over that if/when the market goes a bit red again this weekend. Save the rest of my dry powder for the market crashing.

I hope you're right.

>> No.55109001
File: 296 KB, 2090x1036, majortokenperformanceQ2 23.png [View same] [iqdb] [saucenao] [google]
55109001

>>55108270
ICP and their shills are the most deceptive fucks I swear.

>> No.55109018

>>55108563
Two more week partnerships
Sounds bad faggot, explain how FEMA is using AVAX.
You can’t for two reasons
1) you’re a lying bagholding avax faggot
2) AVAX does not thing but obfuscate and lie.
3) no one is using gay vax.
4) literally no one it’s all marketing scam like the HAHA! Amazon partnerships

>> No.55109236
File: 59 KB, 1031x775, shittank.jpg [View same] [iqdb] [saucenao] [google]
55109236

>>55109018
>explain how FEMA is using AVAX.
>"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."
>"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."

https://www2.deloitte.com/us/en/pages/about-deloitte/articles/press-releases/deloitte-ava-labs-blockchain-state-local-government-natural-disaster-recovery.html

tl;dr they will run a Subnet and Stake AVAX for it.

ICPoor tard BTFO again.

>> No.55109294

>>55107891
Based brapper

>> No.55109315

>>55109236
lol you've been trotting that out for a year and a half - it's not happening. they never mentioned it again after the marketing stunt
>>55109001
over the last year idiot, not since the 1st of this year
>>55108563
lol giant list of marketing partnerships to pump the price
nothing is running on this, zero use case or you'd be showing transactions
A
TO
B

>> No.55109373

>>55109315
>more copes from the ICPoor tard

repeat after me: Avalanche is getting Mainstream adoption, ICPoors get nothing.

>> No.55109401
File: 939 KB, 208x174, icp-vito-0.gif [View same] [iqdb] [saucenao] [google]
55109401

>guys i think i love cock

>> No.55109539

>>55109315
so you're saying that because the token that had only ever dumped 95% of it's value from the top 3-5 in MC at launch lost proportionally less than actually valuable tokens, which just a few months prior to your arbitrary 1 year window had experienced all time highs, it's actually the superior choice?
Top fucking kek
How does a midwit brain perform such breathtaking aerial maneuvers?

>> No.55110545
File: 3.34 MB, 1920x1280, jej.jpg [View same] [iqdb] [saucenao] [google]
55110545

>> No.55111388

>>55107706
>nobody uses ICP for anything.
>zero users, zero demand, zero TVL, no dapps, nobody building anything of value on it.

I have a date, but I will gladly humiliate you over the next couple of days.
>Avalanche niggers think they are holding a ETH-killer.
>Avalanche literally 'Borrowed' I mean copied architecture from Ethereum.
>Avalanche brags about TVL.
>Siphons liquidity from Ethereum eco-system through crosschain bridges, brags about TVL. Total value locked, literally bridging liquidity, assets from Eth dapps like, Aave, Curve, Instadapp, GMX, Stargate, Sushiswap, Synapse, lists go on.
>No developer has ever specificly designed and build a dapp on the Avalanche network, avalanche is just a L2 larping as a L1.

ICP was designed as a complementary network to the ETH ecosystem. The objective is clear, let ETH be the high-value layer for high-value transactions. Move all speculative assets that require extended smart functionality to ICP.
Like I said before, Avalanche is just another L2 for ETH larping as L1, show me a single Native Avalanche dapp that can actually capture value, instead of siphoning liquidity from existing ETH apps.
ICP will provide extended smart contract functionality like increased smart contract sizes that no other chain can offer.
https://forum.dfinity.org/t/bitfinity-network-evm-grant-program/19732

Nobody uses ICP, half of /biz/ is chatting on on-chain on Openchat (3000+ members) and Openchat is a NATIVE application build on ICP.

>> No.55111408
File: 3.28 MB, 506x394, moonman-auschwitz.gif [View same] [iqdb] [saucenao] [google]
55111408

>>55111388
hi moonman

>> No.55111715
File: 346 KB, 723x892, 5198189415631.jpg [View same] [iqdb] [saucenao] [google]
55111715

>>55107474
>>55107609
>>55107706
>>55108569
>>55109236
>Avalanche engineer blames ''bug'' for the chain inability to scale....

https://www.coindesk.com/tech/2021/02/14/avalanche-crippled-by-bug-triggered-by-unusually-high-volume-engineer-says/
>2-Rollups are being developed by third parties, because Avalanche can't scale.

https://twitter.com/Avax/status/1572618060225298432
>Avalanche crippled by cloudfare outage.

https://status.avax.network/incidents/7qd8vdd8d1js
>Avalanche subnet's C-chain see brief outage because avalanche can't scale.

https://www.coindesk.com/markets/2023/03/23/avalanche-blockchains-x-and-c-networks-see-brief-outage/
>Péter Szilágyi finds a critical insta-death bug in avalanche.

https://cryptobriefing.com/an-ethereum-core-dev-saved-avalanche-from-24b-network-insta-death/

Has your shitcoin employed any cryptographers?

https://scholar.google.com/citations?hl=en&view_op=search_authors&mauthors=label%3Acryptography+DFINITY&btnG=

Dfinity has 15
Does your shitcoin have a patent?

https://patents.google.com/patent/US20200396281A1/en?assignee=dfinity&oq=dfinity

Dfinity has a patent.
Does your shitcoin founder have a patent?
https://patents.google.com/?inventor=Dominic+Williams&assignee=DFINITY+Stiftung
Dfinity's founder has 12 patents
Does your shitcoin have any Dapps?
https://n7ib3-4qaaa-aaaai-qagnq-cai.raw.ic0.app/
Dfinity has 385 + dApps
Does your shitcoin have any GitHub commits? Are the devs actually working on the protocol?
https://www.cryptomiso.com/months_3.html
Does your shitcoin go offline, during AWS outage or Cloudfare Outage?
ICP is immune Cloudfare or AWS outage.

>> No.55111840

>my ponzi is better than your ponzi

>> No.55111882

>>55089591
Okay now send your btc to your nns wallet. Oh you lost it all because it went to a dead address? Not my problem

>> No.55112237

>>55110545
lol hahahah

also stop spoonfeeding the trolls. great thread btw. early eth vibes

>> No.55113295
File: 66 KB, 329x444, 46313.jpg [View same] [iqdb] [saucenao] [google]
55113295

>>55112237

>> No.55113776

>>55109001
Typical for autists to post icp and lunc cancer on biz. Sold both bags alongside sergey's red dildo, staying ahead of the curve now with Altcoinistdao alpha picks

>> No.55114005

>>55111715
>ICP is immune Cloudfare or AWS outage.
https://forum.dfinity.org/t/6-8-22-s-multi-continent-ic-outage-are-boundary-nodes-the-top-attack-vector-for-the-ic/13624
OHNONONONO
>>55111388
>>Avalanche literally 'Borrowed' I mean copied architecture from Ethereum
The c-chain yes, but that's the whole point of it
>Siphoning liquidity
and what exactly do you think the purpose of ckBTC or an alleged ETH integration is? kek
>No developer has ever specificly designed and build a dapp on the Avalanche network
Again you're lying to shill your coin. This is easily googleable info.
>L2 larping as a L1
you clearly have no idea what these terms mean kek.
>ETH be the high-value layer for high-value transactions
right, ETH captures the value, not ICP.
> half of /biz/ is chatting on on-chain on Openchat (3000+ members)
nobody uses openchat except ICP baggies

>> No.55114823

>>55114005

>and what exactly do you think the purpose of ckBTC or an alleged ETH integration is? kek
Extending functionality to ETH perhaps and share the R/D? Unlike Avalanche the ''ETH-Killer'' ,technology from Dfinity like beacon chains is shared with the Ethereum Foundation. Dfinity was founded to enhance core-ethereum technologies. Anyway, I believe before Dfinity became a thing, there was a project from stringlabs and Dom called PHI, again to enhance eth technologies not to ''kill'' eth. (if my memory serves me right)

You think EVM will still be relevant in the next 5 years? According to Ava labs it is... Dfinity is years ahead. Who pioneered WASM on smart contracts, that's right, that is Dfinity. The future is already here wasm smart contracts.
There are the 'ETH-KILLERS and there is the ETH Cartel, wait a few years and found out.

>> No.55114830

>>55090403
They simply store the entire btc blockchain inside of a ICP cannister if I understand correctly. Each of their smart contracts can reach 8 gigs vs eths 256kb iirc

>> No.55114988
File: 1.76 MB, 400x206, 1647236316763.gif [View same] [iqdb] [saucenao] [google]
55114988

>>55089591
>>55089600
>>55089606
>>55089780
>>55090100
>>55090109
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>>55090189
>>55090303
>>55090318
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>>55090435
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>>55090553
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>>55098498
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>>55098653
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>>55098914
>>55099159
>>55099748
>>55099837
>>55099865
>>55099965
>>55100047
>>55100409
>>55100491
>>55100648
>>55100722
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>>55100890
>>55101564
>>55101705
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>>55102374
>>55102402
>>55102443
>>55102516
>>55102870
>>55103124
>>55103649
https://sfjch-siaaa-aaaak-qarnq-cai.ic0.app/ - seachan

Literally all your shitchains cant compare to ICP. We have a 4chan style site already deployed and functional on ICP. You can add wallets to it, send icp to each other

>> No.55115508
File: 713 KB, 485x585, d47.gif [View same] [iqdb] [saucenao] [google]
55115508

>>55105628
>>55105650
>>55105779

this is why the chain will ultimately fail.

> centralized
> nodes policy
> proof of stake (but it's "special")

>> No.55115665

>>55115508
It’s literally not proof of stake. Staking has nothing to do with the consensus, this is your average icp fudder.

>> No.55115838
File: 505 KB, 781x535, Screenshot 2022-11-09 at 22-13-16 FTX Announces $1 Billion Charity Fund and First Print Ad Campaign Starring Gisele Bundchen - Decrypt.png [View same] [iqdb] [saucenao] [google]
55115838

>>55115665

You're not fooling anyone. Their consensus program is just a user holding some tokens for access run a node and verify transactions.

> Did you steal that pair of shoes sir?

> Why no I did not. I merely misappropriated possession of the acquired material there for my nigger

>> No.55115868

>>55115838
You don’t hold tokens to run a node you fucking retard. I swear this whole thread is just a couple icpchads knowingly lying to waste peoples time.

>> No.55115885
File: 154 KB, 1280x720, IMG_7028.jpg [View same] [iqdb] [saucenao] [google]
55115885

Piss Bros stay accumulating computers

>> No.55115904

>>55115868

Yea, it's even worse than just running a node. You literally have to BUY their node hardware which is proprietary, and you must hold icp as well.

The centralization is probably the worst thing about this. You are better off holding paper cash.

>> No.55116022

>>55114823
>Avalanche the ''ETH-Killer''
I've never heard anyone who's related to avalabs refer to themselves this way. This rhetoric is a label applied by triggered ETH-maxis on CT to basically any attempt at an alternative smart contract platform to try to quash wrong-think.
https://nodes.com/news/ethereum-friendly-fork-using-avalanche
Avalanche consensus was even offered to ETH through the aethereum testnet but VRFs/VDFs/shardingwere the buzzwords of the day and it sort of just fizzled out. There was also talk of using it for preconsensus for BCH
https://news.bitcoin.com/meet-snowglobe-an-avalanche-based-pre-consensus-protocol-for-bch/
Being an ETH killer really isn't the point of avalanche and saying so just demonstrates your lack of understanding of a competitor, I use that term loosely though. Like I said earlier ICP isn't really a crypto project as most people understand that term since it's forsaken some of the core principles.
>You think EVM will still be relevant in the next 5 years
EVM is kinda dogshit, but it is the lingua franca of sorts of the defi space. Other VMs may come and challenge it but I would not expect the EVM to be abandoned in 5 years.
>Dfinity is years ahead
Wait, I thought ICP wasn't an eth killer and it's just extending web functionality to ETH smart contracts? But now you're saying the ICVM will replace the EVM? hmmm
>Who pioneered WASM on smart contracts?
Idk maybe Cosmos? https://blog.cosmos.network/announcing-the-launch-of-cosmwasm-cc426ab88e12
>>55114830
That doesn't mean actual bitcoins are "stored" on the IC. The subnet runs what is essentially a BTC full node to monitor BTC for relevant transactions. It locks the BTC in an address the subnet controls on the actual BTC network and then mints the ckBTC on the ICP network. It's basically the same as any other lock and mint bridge, the intermediaries for the bridge just are chosen by the NNS instead of an individual.
>>55115665
True, it's just centrally permissioned.

>> No.55116176
File: 601 KB, 2006x2006, lain-wired-up.png [View same] [iqdb] [saucenao] [google]
55116176

>>55115868
The secret to investing in ICP is to intentionally FUD so you can accumulate more cheapies.

pic: me connected to the INTERNET COMPUTER

>> No.55116315

>>55114988
it’s shit until he removes flags

>> No.55116730

>>55116315
Is it because you're french?

>> No.55116851

>>55116315
The only people that want flags removed are pajeets

>> No.55116938

>>55115838
Send that whore straight to jail

>> No.55118832
File: 227 KB, 2000x1356, IMG_4002.jpg [View same] [iqdb] [saucenao] [google]
55118832

>>55116851
Why?
The board would become a bunch of indian flags calling each other dalit pajeets.
Atleast I could filter those faggots wholesale, so I didnt have to read avax/polygon bullshit on my catalog.

>> No.55119281

>>55106871
come on don't even start... only turk in avax team is its founder and ceo and he has been living in us for years

>> No.55119913

>>55113776
>Altcoinistdao alpha picks
Predicted RWAs and LSDs to be the next big trends desu

>> No.55120622

ICP community is the most retarded one I've been in since I joined the crypto space in 2016. Newsflash: a lot of network activity isn't necessarily good. Many promises are empty. The "dapps" on the network are utter junk and mostly cobbled together by hobbyist programmers that are delusional about crypto in general. The vast majority of crypto's use case is just glorified gambling. ICP is no exception. This tech is mostly useless. Keep it up with the buzzwords though everyone. Oh, and the NFT scams like ICP flowers and whatever the fuck that stupid "defi card" was. lmfao

>> No.55121085

ICP really is going to become at top 3 crypto within 3 years, isn't it.

Best tech in crypto by far. I am so fucking excited

>> No.55122445

icp posted theyre going to bet at the eth conference, ETH integration is actually happening and coming soon

>> No.55122538

>>55120622
News flash: you’re a faggot

>> No.55123780

>>55120622
I agree anon