/biz/ - Business & Finance

>>56146062
cool picture tho

>>56146072
it's cringe and gay just like you

Why these two experience so much fud? It's absurd at times, I've seen literal vaporwares get better S/D ratio (Shills to Fud ratio)

>>56146062
As much as you try to connect avax and link, they are absolutely not the same. Not all fud is equal

>>56146062
ICP is going to flip both of them when Dominic gets back to DeFi headquarters from his months long vacation with his black lover MC 3 Cent.

>>56146062
>ask me how I know you suck dick

>>56146267
the MEV mafia is scared

>>56146062
the MEV mafia is scared

>>56146267
Well both experience 24/7 relentless fud and both suffered from literal schizos launching paid fud campaign against them. LINK probably suffered more but the fud was also higher quality, Avalanche seems to suffer from spam fud at large quantity, I've even seen people on twitter just spam unlock fuds at imaginary dates (For example there's now ongoing fud campaign on Avalanche unlock in 2 days when in reality the next one is almost 3 months away, It's both funny and depressing to watch, I've no idea why they're choosing to be hostile and vile to Avalanche from all projects)

That said, Holding both test your resilience to the max, It just happen that they're playing in a market that nobody takes seriously and reward those who never did.

>>56146267
>they are absolutely not the same.
Avalanche Subnets will tokenize all the Assets in the World.
Chainlink will provide the Data for this Network of Subnets.

LINK and AVAX are the God Protocols.

>>56146338
>>56146334
LINK and AVAX will absolutely CRUSH the MEVniggers

>56146062
>SpamShit Jeetvax thread 2 for 1
herbed as per usual

>>56146267
this
avax trannies trying to ride links coattails is just sad
we are not alike

>>56147255
cope and seethe fudtroon

>>56146338
Seen the same thing on twitter reguarsjng the unlocks. Random tweets saying “unlock in 2 days” for example. It’s always smaller accounts. Really weird

>>56146062
Hey OP, John "Big Cockus" here, president of Ava Labs.
Very nice thread, it definitely got in some third-worlders' heads.
God bless you and God Bless America.
- John "Big Cockus" Wu

bumpp

>>56146062
Lol a dying double spend scam shit coin clinging on to a dying not needed shitcoin. Truly we have reached peak humiliation due to our sins?

Still in full force, no problem whatsoever.
As long as we keep our minds centered, there's no FUD strong enough to divide us.
Kind regards.
- John "Big Cockus" Wu

>>56147733
implying banks will use Avalanche's blockchain?

>>56146219
Here is your answer
>>56146300

>>56154027
yes they will run their own Subnets

>>56155117
why not run their own EVM chain? Why use subnets?

>>56155305
>why not run their own EVM chain?
They can run whatever Virtual Machine they want on their Subnet.
>Why use subnets?
it abstracts away a ton of work that nobody wants to do.

>>56155305
because subnets are the superior scaling method, L2s are absolute dog shit

>>56157218
probably the most based shit anyone could say on biz for the next week

>>56146267
You avax shills need to kill yourselves. I'm pretty sure its like just one dude desu.

Yes avax is a fast chain. But besides that, ive mentioned plenty of times, at the end of the day its another chain. It doesnt monopolize the space.
Theres FTM, HBAR, ICP, XRP, ETH, LUKSO, boba chain, Sol, polygon, you get the picture. Sure a few quicker seconds is great but if I was a general user I wouldn't know the difference if you mixed the l1 chain backends with each other.

Link on the other hand is complete dominant monopoly. So please stop trying to shill your fucking coin in link threads. Its annoying

>>56157660
>Yes avax is a fast chain.
the fastest.
>at the end of the day its another chain.
the only one that can actually scale. nobody can do what Avalanche can.
>It doesnt monopolize the space.
Subnets compete with all these other garbage L1s you mentioned and will absolutely crush them. deploying a new customized blockchain takes less than a minute on Avalanche.
>Sure a few quicker seconds is great
Time to Finality is extremely important in anything Finance, the faster the better. Avalanche clearly wins here thanks to its Consensus protocol.
>Link on the other hand is complete dominant monopoly.
Avalanche dominates with the Subnets, every Bank, every Corporation, every Institution will run a Subnet.
>So please stop trying to shill your fucking coin
Chainlink and Avalanche are the God Protocols, they depend on each other and belong together.

>>56157809
>Yes avax is a fast chain.
Not true, even if it is, barely. I've used other l1s and l2s dude. The time difference is literally the same for the end user. Go in every single l1 thread they all say their's is the fastest.

>the only one that can actually scale. nobody can do what Avalanche can.
Again, go to every other thread of any l1, or even just use another l1... its the fucking same.

>Subnets compete with all these other garbage L1s you mentioned and will absolutely crush them. deploying a new customized blockchain takes less than a minute on Avalanche.

Again... im seeing a pattern here but just to humor you... no, im not shilling icp but go in their threads they mention the same exact fcking thing. Yes they can be jeets but on a board where you use your brain if an avax jeet says their subnets will scale infinitely and i go into an icp thread and an icp jeet says their subnets can scale infinitely, this tells me you guys are competing. Competition is for losers monoploies where no one can say they do the same thing as you is where winners lie.

>Time to Finality is extremely important in anything Finance, the faster the better. Avalanche clearly wins here thanks to its Consensus protocol.
Not really. As an anology, the human eye detect flickers at 60 flickers a second. Theres a reason the most successful monitor company isn't just the one that makes the fastest flicker. Point is, a lot of other chains have subsecond finality. 5ms on jeet chain vs 1ms on avax doesnt really fucking matter. Even than most other chains claim theyre the fastest as well.

>Avalanche dominates with the Subnets, every Bank, every Corporation, every Institution will run a Subnet. ICP says the same thing. Again I dont' care for icp point is im just trying to make an analogy that youre just another jeet similar to ICP baggies. I cant stand any l1 chain shillers ICP, FTM, AVAX, Matic (l2 but whatever)... cause they all repeat the same bullshit

>>56157839
>Chainlink and Avalanche are the God Protocols, they depend on each other and belong together.
This is so fucking dumb. KYS chainlink doesn't depend on avax.

>>56157839
>Not true
yes true, Time to Finality is under 1 second. nobody else has this.
>I've used other l1s and l2s
centralized, cant scale. also read up on Time to Finality
https://www.avax.network/blog/time-to-finality-ttf-the-ultimate-metric-for-blockchain-speed

>ICP
is not competition, its a Scam made by nobodys.
Avalanche was made by Cornells IC3, same as Chainlink.
Look up who Emin Gün Sirer is and who Ari Juels is and their relation.
>their subnets will scale infinitely
read up how the Avalanche Consensus works and you will know why Avalanche is the only one to achieve this.
>Point is, a lot of other chains have subsecond finality.
they dont, again read up on Time to Finality.
on L2s TTF is up to weeks and reorgs also happen.
nobody needs this to be slow.

>>56157846
>chainlink doesn't depend on avax
yes it does because without Subnets Chainlink would never reach its full potential.
Avalanche is needed to tokenize all the Assets in the World.

tl;dr you need to do more research. you are about as clueless as a nigger.
go read the whitepaper.

>>56157881
>Not true
yes true, Time to Finality is under 1 second. nobody else has this.
>I've used other l1s and l2s
centralized, cant scale. also read up on Time to Finality
https://www.avax.network/blog/time-to-finality-ttf-the-ultimate-metric-for-blockchain-speed

>ICP
is not competition, its a Scam made by nobodys.
Avalanche was made by Cornells IC3, same as Chainlink.
Look up who Emin Gün Sirer is and who Ari Juels is and their relation.
>their subnets will scale infinitely
read up how the Avalanche Consensus works and you will know why Avalanche is the only one to achieve this.
>Point is, a lot of other chains have subsecond finality.
they dont, again read up on Time to Finality.
on L2s TTF is up to weeks and reorgs also happen.
nobody needs this to be slow.
dude, I don't need buzzword soup to use avax and any other chains and realize timewise, my cup of coffee payment settles at about the same rate. Anyway, I did post a pic related. and you're wrong about other chains being slow. Please don't be precise with time under finality is under 1 second. Youre making too big of a deal on an exact number. Its just about how long it takes for me to get impatient for my tx to occur

>ICP is not competition, its a Scam made by nobodys. Avalanche was made by Cornells IC3, same as Chainlink. Look up who Emin Gün Sirer is and who Ari Juels is and their relation.

See... more buzzword soup that lives a bubble. Go in a fucking ICP thread, and read exactly what they write. Just like you they drop big name cryptographers as well. Jan Camish or something, doesnt matter though. The point I'm trying to make is if both of you jeets say the same thing about each other maybe you BOTH are the jeets.

>yes it does because without Subnets Chainlink would never reach its full potential. Avalanche is needed to tokenize all the Assets in the World.
Does it though? If avax stopped working what happens to chainlink... Nothing. If Chainlink died, avax wouldnt have defi...

>>56157916
>yes true
they are centralized and cant scale so these numbers are not an achievement and not impressive.
>more buzzword soup
illiterate? or too stupid to do research?
>they drop big name cryptographers as well.
none of which are connected to IC3 so irrelevant. funny how you cant even spot a scam. you know nothing about whats going on.
>If avax stopped working
its decentralized, meanwhile the "competition" has constant downtimes and reorgs. Avalanche has by far the best uptime.
>If Chainlink died
impossible
>avax wouldnt have defi
and chainlink would have no revenue.
like I said they depend on each other.

learn how to do proper research.

>>56157960
>more buzzword soup
illiterate? or too stupid to do research? No, just use another fucking chain dude. Again, if a monitor can flicker 900 hz a second vs 400 hz a second, I wouldnt give a shit cause my eye doesnt flicker that fast. Its the same concept. AVAX isnt gonna get more customers because they can finalize at half a ms faster than ftm or hbar, or whatever other chain.

>they drop big name cryptographers as well. none of which are connected to IC3 so irrelevant. funny how you cant even spot a scam. you know nothing about whats going on.

I know ICP is a scam. I'm making an analogy. if you think they are a scam, your chain is no better. Thats the point. They say the same fucking shit. They have this connection, that connection. Vitalik tweeted they are not a scam. HBAR, says they have connections to this bank, they are part of this group. The point is if I covered the chain name of this thread and of any other l1 thread, I would have no clue who I'm talking to. You ARE NOT SPECIAL

>avax wouldnt have defi
and chainlink would have no revenue.
like I said they depend on each other.
Go on Dune analytics chainlink ccip right now. And tell me where most of the revenue is coming from. KYS.

>>56157998
>Go on Dune analytics chainlink ccip right now. And tell me where most of the revenue is coming from.
Actually I take back this point. As factually rn, avax does make up about 40% of revenue but still, its dumb af to think any other l1 chain using CCIP couldnt just do the same and replace avax. Why do you think we couldnt just put one of the dapps over to arbitrum and have chainlink do the the same thing over there and gain revenue?...

>>56157998
>just use another fucking chain
its not just one chain you dumb nigger. can you read? why do I have to repeat myself? go read up on it.
>if a monitor can flicker 900 hz a second vs 400 hz a second
stupid analogy.
>Its the same concept
nope.
>AVAX isnt gonna get more customers
They already do because of their superior design, the only one to solve the Trilemma and that has the speed.
nobody can compete against Avalanche.
>ftm or hbar, or whatever other chain.
all of them are centralized and cant scale.
>your chain is no better.
look up what IC3 is brainlet.
damn nigger you are retarded.
>You ARE NOT SPECIAL
Avalanche is special. its just that you havent figured it out yet because you lack the ability to read gud.
you dont have the ability to think for yourself, you are probably vaccinated lmao.
>And tell me where most of the revenue is coming from.
in the future most of it will come from Avalanche Subnets.

>>56158043
sure

>>56146886
I’m dumb with a suicide sack of link but does it mean anythjng that J.P. Morgan chase owns metamask Consensus n infura

>>56155305
Because its more secure and allows infinite scaling if they use subnets even if they choose to use EVM architecture on their subnet

Why are jannies 404ing interesting screenshot itt?

>>56157809
Avax IS not the fastest chain

Avalanche: Not Very Scalable
Avalanche has three chains: Exchange Chain (X-Chain), Platform Chain (P-Chain), and Contract Chain (C-Chain), with each chain managing mini-networks. Like Solana, Avalanche also uses Arweave and Ceramic to store data off-chain via centralized Web2 technologies, as it doesn’t have its own storage facilities.


Internet Computer: Indefinite scalability
Internet Computer’s infrastructure has independent node machines at the base layer that combine to form standalone subnet blockchains. The subnets host “canister” smart contracts that combine code and data, and divide execution into update and query calls. Each subnet can process update/query calls without relying on other subnets, allowing the network to scale as needed by adding nodes and forming new subnets.

>>56152110
I'd rather buy RAIL.

>>56159340
nobody uses the internet piss computer for anything. its a scam.
do better research next time.

>>56159340
Here it is, the AVAX fudder/ICP shill ignoring the $700 to $2 dump

>>56159745

3000 + Members from /biz/ on /biz/ openchat.
https://oc.app/67aeu-xqaaa-aaaaf-aah2a-cai
Build on the internet computer, but you pretend it doesn't exist, when /biz/ is using the app.
N64 Wasm Emulator.
https://g5a6v-vaaaa-aaaah-abzbq-cai.raw.icp0.io/
People pretend this doesn't exist.

Avalanche single usecase is to move tokens from A to B
Internet computer protocol can do it faster.

>>56159853
$700 Sam Bank man rigged the price and that is the truth.
Sam released perpetual futures before spot-ICP was available on exchanges. And Perpetuals derive their value from weighted index spot ICP price.

ICP-IOU fair valuation should be between $7-$20 it's been trading in this range for years, hell even Moonman shilled in 2020 around $7 before it opened at $700.
Moonman is correct that the price of of ICP should be around $10-20, but we're in a bear market.

>>56159926
nobody actually uses this crap.
>but but muh flashgames from 30 years ago
kek
>muh poojeet chatroom
LMAO

>>56159993
its a scam that nobody uses and it will go to 0.
also 0 users and 0 utility.

>>56160014

Third worlders telling /biz/ that ICP is a scam, meanwhile 3000 people from /biz/ are using the apps build on the internet computer.
Meanwhile, ICP is the most active chain among the developers, but here you are complaining about 1 app among the much build on the Internet computer. While little to none is being build on avalanche.

https://www.cryptomiso.com/

>>56159853
The irony of things is we still have retards hellbent on still picking these shitcoins up when they could rather opt for assets like RIO, CYMI and TRIAS

>>56160062
Ah yes because Rubic, pancakeswap, and Groestlcoin(?) are top tier projects that are going to be major players next cycle topkek

>>56160062
I just want a decentralized form of money that has a good nakamoto coefficient is permissionless to spin up a node and probably some form of way to shield txs. Icp doesn't make the cut

>>56160105
Major players. Build anything onchain the blockchain.
Irrelevant players. Send Token from wallet A to wallet B.

>>56160062
>3000 people from /biz/ are using the apps
kek no

>>56160164
Cloudfare outage kills your nakamoto coefficient.

>>56159340
Your shill chart is just wrong, it's been debunked over and over again.

>Internet Computer: Indefinite scalability
No
>Internet Computer’s infrastructure has independent node machines at the base layer that combine to form standalone subnet blockchains
80% of nodes are owned by like 8 entities. Every single node must be given permission solely by dfinity to participate in the network, this is how ICP works at a fundamental level and can't be handwaved away.
>The subnets host “canister” smart contracts that combine code and data, and divide execution into update and query calls. Each subnet can process update/query calls without relying on other subnets, allowing the network to scale as needed by adding nodes and forming new subnets.
Any single subnet can't handle more than 1000 from user TPS, this is because ICP doesn't actually innovate on the core byzantine fault tolerant aspect of blockchains, it uses the same shitty unscalable classical consensus every other scam coin does. This is to say nothing of the unacceptable latencies between subnets for users compared to their web2.0 experience.

So, when is a good time to slurp AVAX? Should I wait for $5?

>>56160325
bla bla regurgitated narratives from idi emin. Fantasy writer Emin should be rewarded for Nobel Prize in blockchain science fiction writing.


>Any single subnet can't handle more than 1000 from user TPS....

I don't even know where to start, because I do not cover ''muh narratives'' I only cover reality. Muh classical consensus is word-salad, what matters is how well your shitcoin will do under high load.
Avalanche has a record of congesting causing the fees to spike.

https://www.coindesk.com/tech/2021/02/14/avalanche-crippled-by-bug-triggered-by-unusually-high-volume-engineer-says/
This 1 fucking article...

You're talking about decentralization, when your entire chain depends on 1 single entity and that is CLOUDFARE.


ICP just runs fine, 100% uptime, not a single congestion since genesis, fees remain the same.

>>56160325
I'm

>>56160580
>over 1 year ago

>>56160580
transactions were not affected retard

>>56160656
No shit sherlock, how can you transact send tokens when you can't access the avalanche blockchain.
retard

The Cloudflare outage on June 21, 2022 affected a variety of services on the Avalanche blockchain, including:

The Avalanche website (https://avax.network)
The Avalanche wallet (https://wallet.avax.network)
The Avalanche Explorer (https://explorer.avax.network)
Avalanche dApp wallets such as MetaMask and Coinbase Wallet
Avalanche dApps such as Aave, SushiSwap, and Trader Joe
Basically, any Avalanche service that relied on Cloudflare for its DNS, web hosting, or security was affected by the outage.

However, it is important to note that the Avalanche blockchain itself was not affected by the Cloudflare outage. The Avalanche blockchain is decentralized and does not rely on any centralized services. As a result, users were still able to transact on the Avalanche blockchain during the Cloudflare outage.

The Cloudflare outage was a reminder of the importance of decentralization in the cryptocurrency industry. Centralized services, such as Cloudflare, can be vulnerable to outages and other disruptions. Decentralized applications, on the other hand, are more resilient to these types of disruptions.

No, the Cloudflare outage on June 21, 2022 did not affect the Internet Computer Protocol (ICP).

ICP is a decentralized network that provides a web assembly platform for developers to build and deploy dApps. ICP does not rely on any centralized services, such as Cloudflare, for its DNS, web hosting, or security.

As a result, the Cloudflare outage had no impact on the performance or availability of ICP dApps.

This is a key advantage of decentralized networks over centralized networks. Decentralized networks are more resilient to outages and other disruptions because they do not rely on any single point of failure.

>>56160885
>performance or availability of ICP dApps.
nobody uses them so nobody would have noticed

>>56146886
Sold my Avax just to participate in the ongoing EVR presale, the bullrun gonna be quite interesting.

>>56160105
Looking at the next cycle, I'm clinging to EneftiVerse and its VR/AR technology. This will melt faces.

>>56146062
>LINK fuddies
They are fucking retards. Based Oracles like LINK and Supra are gems.

>>56160436
I've been DCA for like 2 years now.
Every time is a good time if you're in for the long run (like you should considering AVAX is a long-term play).

>>56164159
Niggers need to learn how to enjoy life. Hodl and DCA.