/biz/ - Business & Finance

>is spaghetti code bad?
L2’s are a cope. Have been and always will be. Ethereum cannot scale. Period. First mover advantage is the only advantage it has, and the market will adjust.

>>56324345
Ethereum is fucked and Avalanche will replace it.

>Every validator takes part in the Avalanche Consensus because of leaderless subsampling
>has the highest Nakamoto coefficient (most decentralized)
>no MEV
>stake decentralizes over time because Subnet scaling and demand for Validators
>Avalanche scales through Subnets and it scales horizontally
>Subnets support all VMs
>AVAX is hardcapped and deflationary
>like chainlink made by IC3

>>56324345
it's just a casino for nerds. no different than sports betting. you have your PoS teams that you bet on, or against one another and you pay fees to the bookie swapfags or whatnot. crypto is dying, especially as a long-term investment, yet sports just keeps getting bigger. i keep overhearing dishwashing niggers at work bragging about making thousands here or there on sports bet, of course they're losing the same amount next week. it's all a bunch of bullshit. the only one not getting hustled in the end will be vitalik

>>56324745
Fuck off roach stop spamming this board
>>56324345
Point 3 is surely retarded, 1.2tb is literally nothing. And thats 8 years

>>56324345
What does ETH do besides NFTs? why shouldn't I contribute my resources to some other network??

>>56324745
This.

>>56324345
Unbiased semi OG opinion (not in love or hare relationship with eth)
1.non issue for now and solved with PBS incoming as far as I can tell, as long as you can use TC or any sanctioned contract, also pretty cool ETH got first to this point (they fight you) my bet was always on BTC....
2.yes not ideal, but energy argument is always omegaretard, 2/3 of all miners are kyc'd and more and more of them are big LLCs legal pressure on them could reek havoc much more than back in "China bans mining days", kinda turns out every decentralized idea centralizes around endpoints for easier coordination, troublesome for sure specially for eth but for crypto in general
3. 1.2TB is nothing, chain bloat much slower than hw development and since statelessness is around corner and client pruning already here+l2s blob market -non issue
4.Just retarded fud from 2016 wtf was sure you are actually curious before this point 4. now not so sure

Here's deal with ETH imho, not ideal by a long shot, but best shot we have so far with credibly neutral sc platform, it is what it is In my experience this board hates eth because:
a)tech illiterate
b)baggys of some shitty l1

What's fascinating about ETH due transparent development from 30 sides it gets worst FUD (spaghetti code l1 baggys) and worst SHILLS (UlTrAsOuNd MoNeY)

>>56324745
double spend
>check
exploit bounty not paid
>check
exposed by crypto leaks
>check
entire tvl of new scam arena hacked
>check
no devs
>check
no subnets used
>check
north korea moving money through avax defi
>check
c-chain down
>check
exposed suing other projects to steal tech
>check
caught paying for bots on twitter and other shills
>check
nansen caught lying on avalanche marketing
>check
crab game brings down entire chain
>check
crab came shut down
>check

i'd rather not use this retarded turk coin

>>56325071
>>56325411
>Point 3 is surely retarded, 1.2tb is literally nothing. And thats 8 years
I'm on my computer hardware store's website and internal 2TB SSD go for $260 CAD. It's not just disk space, but RAM too. The minimum is 8GB for a personal node. Compare that to 350GB disk space and 1GB RAM for Bitcoin for example which has been running for much longer. If Ethereum takes off, few people will be able to run nodes. Maybe you can afford it now, but some are less fortunate than you and as I said previously, the hardware requirements will continue to grow as adoption grows, Ethereum's block size is dynamic.

>>56324745
>>AVAX is hardcapped and deflationary

all proof of scam is softcapped and they can always turn off gas fees when things are getting ugly

>>56325556
Yes but btc/eth nodes are not 1:1 every bitcoin node is full node, eth got archive nodes+ full nodes with auto pruning etc.
Node spec still works on rasbery pi so its fine not like we are talking about solana 512TB ram+128TB evms...
Future is bright because l1 is settlement layer l2s are computation layer now an after 4488 they will timestamp 10x less data than now.

But in that realm bigger issue is how l2s wasting less l1 space is bad for ultrasound narrative imho

>>56325071
Avalanche will flip Ethereum, you have to accept this fact.
>>56325380
indeed
>>56325463
>ICPoor FUD
>>56325692
not how it works, Avalanche is actually decentralized.
Go read the Whitepaper.

>>56325556
They actively looking for solutions and also storage only gets cheaper usually. It wont get worse

>>56325411
Usa mining getting close to 50% is really worrysome, and also they started to be pro Bitcoin suddenly with this development. When China had the mining it was fine and they were crying about it . Shows they expect to have influence over miners.

>>56324695
>Ethereum cannot scale.

That's why there's so many etherium copycats; and supposedly Cross Chain protocols can make switching between them seamless.

Was PoS a good move in the first place?

>>56324745
>has the highest Nakamoto coefficient
Okay that made me chuckle

Buy my shitcoin guys it has a vilitk coefficient of 1000

>>56324861
>crypto is dying, especially as a long-term investment

No, wrong.

Speculaters have been slowly leaving for years, so it's slowed down a bit.
The people invested aren't VCs, they are engineers

>>56325071
>1.2tb is literally nothing

It's 90 USD. OP must be really poor kek

>>56325163
>What does ETH do besides NFTs?

Smart contracts are it's primary function. NFT is just something you can make with a smart contract

>>56326921
>Usa mining getting close to 50% is really worrysome

Who can keep electricity the cheapest?

>>56326023
In your dreams, anon. Have you even questioned why BrillionFi is making strides to shift DUA's focus to be more Ethereum-accessible? This involves moving liquidity from Avalanche pools to the Ethereum DUA/USDT pair.

>>56324745
dude you are an idiot Ava is in same league as ETH/ both are junk . You are way too married to your bags help yourself jeez or it’s going to get bad for you anon

>>56327591
Which are patented by Craig (BSV)

>>56327549
>engineers
ROFLMAO. here's your (Sir)

>>56324745
35% inflation since 2022