/biz/ - Business & Finance

Solana is a centralized security, not a decentralized currency. It is not proof of stake, and as a result, the network is insecure and has completely collapsed multiple times in the past, accepting 0 TPS.

>>57019309
>It is not proof of stake
Proof of work*

>>57019318
And to struggle with typing kek

>>57019331
I just woke up, Anon. Just like the Solana network, I occasionally stop working.

>>57019133
>can you chain handle ordinal flood

Always could. It's all so tiresome.

https://sv.coin.dance/blocks#thisweek

>>57019372
kek

>>57019133
sorry where is the source for solana doing 200 tps during inscriptions

it doesn't seem as tested as avalanche for whatever reason

>>57019443
I meant Polygon**

>>57019133
actually avalanche did 977 tps at the peak of the inscription nigger spam.
They also burned a shitton of AVAX in the process.

>>57019133
So other chains can be used to buy Btc ordinals or are they their own ordinals?

>>57019908
EVMs have inscriptions which is the same thing.
Then whoever is behind it spams the network with it to try and kill it. its kinda like a DDOS.
The worst about this is that this basically kills the EVM and its not even clear if improvements to the EVM itself could solve these spam issues because these inscriptions will always be cheaper than ERC20 or NFTs.
Avalanche has the best approach because of Subnet scaling but in Theory you can spam any permissionless network with inscriptions. its a never ending cat and mouse game.
crypto changed and not for the better.

>>57019994
>EVM

Cannot and will not ever scale. You can "spam" BSV with ordinals using a billion dollar bankroll and only end up enriching the miners. Bitcoin does not fold over under these pressures. The DAG aspects of AVAX are even less relevant as they can process lots small transactional data horizontally, but it'll only ever be small data. Linearization is a polished turd. Ascribing linearity to a horizontal data structure is absolute nonsense and not reliable in terms of a record of events.

Oh and it's proof of stake lol.

>>57020177
>You can "spam" BSV with ordinals using a billion dollar bankroll and only end up enriching the miners
Cant manage 977 tps and has no sub second finality tho.
also AVAX fees are burned so the ordinal spam burned a lot, like 160k+ AVAX every day, enriching all the holders by burning the AVAX forever (AVAX is hardcapped).

>>57020524
>Cant manage 977 tps
It can, it does and it's already demonstrated that I can for literally years now. It's processing more transactions and data a day than AVAX and costs less to do it.

3 second blocks aren't impressive, just less secure. Having such short blocktimes just means you need to wait for blocks to have confidence in the settlement. BSV has instant transactions that settle in 10 mins. That's literally how Bitcoin always functioned. 0-conf was removed from BTC.

>>57019994
What about ICP? ICP has a Btc ordinals market that apparently has no slow down

>>57021922
no one uses icp

>>57019423
Bitcoin is doomed to die, nobody cares. You could try to convince a brainless world, but they rather eat ze bugz and blue pill themselves like the good little trannies they are.

>>57022253
They will and have. Eth users been migrating because of eth integration. That's why price has been up 100 percent this week

>>57019133
sui did more

>>57022292
You're probably right, unfortunately.

>>57019994
>these inscriptions will always be cheaper than ERC20 or NFTs
ohh so thats why people bother with this shit. thanks anon didnt get it until now

>>57019133
Cardano won

>>57019994
>Avalanche has the best approach because of Subnet
so basically just make another EVM with a handful of validators so the network shuts down entirely like arbitrum? Good idea.

>>57020524
>sub second finality tho.
have you even used fucking avalanche recently? You're lucky if a transaction goes through in 3 minutes, assuming it doesn't fail entirely. I had a single transaction take 20 minutes earlier. It's literally a clone of ethereum, even the devs will admit that.

ICP zero slowdown with ordinals being minted. superior alien tech.

Newsflash for all the "but my chain is better" shills ITT: they are ALL dogshit. ALL of them. Blockchain is fundamentally unscalable. That much has been proven over the past few years. Every "upgrade" solves jack shit. Forget the so called tech, it's dogshit, that's not why we are here.

I smell a bunch of fucking exit liquidity in here.

zksync is on top

>>57022645
Is this true? How does ICP compare to the other chains? I'm tech illiterate.

>>57022511
yes but personally I'm not convinced that its actual real people behind it.
>>57022601
>just make another EVM
Avalanche supports ALL Virtual Machines not just the EVM and you can launch as many Subnets as you want.
>>57022629
>You're lucky if a transaction goes through in 3 minutes
works on my machine, maybe your Metamask is fucked or you did some other dumb shit.

>>57019133
Avax is so superior it's not even funny. And the other coins are centralized trash to boot, running over a handful of validators.

>>57022629
>You're lucky if a transaction goes through in 3 minutes
put more gas. also metamask is shit and lags like crazy

>>57019309
Proof of work is basically commie ditch digging.

ICP will take all the load. BSV will never be adopted, it will take years (around 4) to repair the rep damage despite its technical advantages. Key chain technology by then would be in full swing. The AVAX shit basically was just exposed. You cant run enterprise with shit like this happening ie. massive gas and bogged tps and pathetic interface, get over it.

What the fuck is an ordinal and why the fuck is this happening

wtf is the point of an ordinal on something that already does smart contracts?

>>57019133
>>inb4 injective
>died
what happened?

Celestia crashed too. Injective couple of hours ago.

>>57019133
>>57023602
nvm i found out, it was the node providers that got congested not the chain, the chains barely even changed.

Why Avalanche C-Chain is getting spammed more than any other chain?

>>57024197
up doot
paige hill is scum.ksjrxt

>>57024121
>the chains barely even changed.
the chains fees*

>>57019423
Bitcoin shit vision is a centralized shitcoin where Craig controls 99.999% of the hashrate.
to mine on bsv, you need to be manually approved (lol wtf?)

>>57023633

>>57019423
fucker, your sync takes 7 days to complete LOL
in 1 year it will take twice that
and even so, having NO BLOCK LIMIT is a total fucking retardation
you fuckers don't understand blockchains

>>57019309
>>57019318
Its proof of discord

>>57023497
and proof of stake is central banking.

>>57024197
>pay to use network
>spam

Absolute state of shitcoiners.

>>57024262
Minority hash. It's either that or attackers can reorg the chain infinitely.

>>57024280
>your sync takes 7 days to complete LOL
>in 1 year it will take twice that
>and even so, having NO BLOCK LIMIT
Good.

That being said, 10TB shouldn't take seven days even on your pajeet connection. All you need as a user is the blockheaders anyway, faggot. Leave the database maintenance to actual nodes.

>>57021922
>a market place
wow a marketplace, so not inscriptions/ordinals. In other words, no you don't. Also despite only having a dozenish permissioned server rack nodes to a subnet, user request throughput limits are still on par with Avalanche running the EVM on toasters kek
Also also >>57022253

>>57022629
You're not using enough gas and probably not using Core.
>>57023115
It's not, ICP shills are the biggest peddlers of misinformation on this board and have the heaviest bags to hold bar none.
>>57023549
>>57023559
Ordinals/Inscriptions are a way of storing arbitrary data such as text or file data e.g. a jpeg on a blockchain token ledger that was not designed to do that. The way the EVM handles these transactions makes it easy for them to clog the network at the expense of traditional smart contract activities.

>>57023145

Is Avax IFPS? If then it's not the most decentralized network u fucking indian lol

>>57025017
>Ordinals/Inscriptions are a way of storing arbitrary data such as text or file data
you can already do that with smart contracts...
so why are they burning all their money on fees to do something a smart contract can do?

>>57025606
you've seen two of them hit a billion dollar mcap before btc even touched ath, and literal meme tokens like bonk mooning and you're still caught up on utility? there's another dog with hat but i doubt you'll buy.

>>57025606
Because it's cheaper gas wise on the EVM to store the data as an inscription in the calldata as it doesn't incur the gas penalty of putting the data in memory. It's an oversight in the architecture of the EVM.

>>57019133
>>57019994
>>57021922
>>57023129
SPACE is the solution for all of those problems
https://www.coingecko.com/en/coins/microvisionchain#markets

>>57025606
>he thinks his eth jpegs are actually stored on the blockchain
Lol

>this thread
You newfags haven't heard of Hedera Consensus Service?
Topics?
You ought to do some research
https://docs.hedera.com/hedera/tutorials/consensus/submit-your-first-message
No amount of traffic will slow the Hashgraph down, feed will stay fixed at $0.0001

>>57026520
>No amount of traffic will slow the Hashgraph down, feed will stay fixed at $0.0001
no it will crash like solana under heavy load

>>57019309
This. No clue how people can seriously shill Solana in 2023. I get if people want to trade it but hold is stupid.

>>57022292
Bug eating trannies don't buy bitcoin becasue it's bad for the environment.