/biz/ - Business & Finance

>>58120150
the true future of the internet is TON (future of darknet atleast)

ICP is the only token pumping right now

Glorified S3 bucket

>>58120900
this. S3 bucket with token (not needed)

>>58120150
lmao you found out why its called ICPoor

>>58120163
Wait this coin actually has a use? I thought it was just vcs selling to eachother

Vc shitcoin

Fantom is superior in every conceivable way.

>fantom

>>58120150
ICP is a scam and Moonman is a scammer.

>>58120900
S5 bucket

>>58120164
>pumping

>>58122151
Zoom in

>>58120900
checked

>>58122151
yawn

>>58122165
God that looks even more depressing.

>>58122408
Thats not what a 4x looks like

biz would rather be selfsucking faggots than buy the only 3rd gen blockchain

pissniggers gmi 2k eoy check em

>>58122491
Out of interest, what's a 3rd gen blockchain?

>>58120150
i dont even know what it does besides "make chainlink obsolete"

I looked into canisters because they sounded interesting, they basically perform the same function as a chainlink oracle at a fraction of the cost but with very big security holes. The problem is that the data reporters have no incentive to tell the truth other than damaging their reputation. If there was a potential to liquidate several billion dollars by reporting fake information there is no financial incentive not to. There is no financial repercussion stopping multiple data sources from colluding to steal that money other than damaging their own reputation.

This goes against the entire purpose of creating a trustless system and is inferior to chainlink oracles at being able to handle large amounts of money in a trustless way.

>>58122521
1 BTC store of value
2 ETH smart contracts
3 ICP Web 3

Web3, is a set of values and technical applications that define a new era of the World Wide Web. Prime Web 3.0 examples include ubiquity, decentralization, artificial intelligence, blockchain, and connectivity.

Ai smart contracts.
New paradigm.

The time for spoon feeding is over.
The future is now and it is undeniably, irrefutably, the internet computer protocol.

>>58122562
thats a whole lot of word salad. considering AI already exists on web 2.0 and that web 2.0 fits the term "ubiquity", and you could argue that ICP is centralized with the majority of their network on AWS

>>58122538
>The problem is that the data reporters have no incentive to tell the truth other than damaging their reputation. If there was a potential to liquidate several billion dollars by reporting fake information there is no financial incentive not to. There is no financial repercussion stopping multiple data sources from colluding to steal that money other than damaging their own reputation.

Gee, I wonder how Vanguard or Fidelity price feeds aren't constantly being hacked. All chainlink does is take a bunch of price feeds. remove the outliers and average the rest. How ingenious. They've captured the market for 2nd grade math.

>>58122638
Because their price feeds aren't tied to a smart contract that automatically completes trades with out first verifying that the prices reported are actually real.

>>58122659
also Fiat trades are using a centralized currency that can and will be reversed by a central authority if there is foul play.

>>58122521
tokens not needed systems.

>>58122601
Imagine Apple saying shit like this when launching the first iPhone
>we don’t have to explain our new smartphone
>DYOR lol
>it’s totally a revolutionary thing trust us and buy it
You can spot scams a mile away because they can’t reasonable explain why people should use their „product“

>>58122659
I see you are studied in the ways of Chainlink Seethe and Cope. Enjoy watching everyone get rich while SirGay dumps on you through another
bull run.

>>58122761
The simple truth is that trillions of dollars won't flood into crypto unless it is 100% secure. and that is something ICP can't offer.

>>58122562
So 3 is like 2, just more focused on scale and cheaper?
What does ICP fo that Filecoin can't?
And which other coins would you classify as type3 (what about Avax)?

>>58122605
>you could argue that ICP is centralized with the majority of their network on AWS
This isn't true. You just made it up. ICP is going to make your favorite ETH clone chain obsolete within 5 years.

>>58122151
woah look at all that room it has to run!

>>58122538
>>58122605
>>58122659
>>58122704
>>58122825
look at this homosexual link marine bag holder. holy cope!

>>58122865
>So 3 is like 2, just more focused on scale and cheaper?
More interactive without the need for third party permission would be a better description. What blockchain does for finance, Web3 will do for all the resources on Web 2.

>What does ICP fo that Filecoin can't?
I'm not sure of all of Filecoin's capabilities but I think its mostly decentralized data storage. ICP can store data but it can also store and execute software that is larger and much more complicated than the average smart contract. You can host a website(front end and back end) on ICP on their independently owned, decentralized data center network.

>Avax has the same capabilities as Eth. It may be faster and cheaper than Eth but it is also more centralized. Whether it is actually faster and cheaper is really unknown since its doesn't carry the loads that ETH does. Same with Solana. Neither Solana nor Avax can host websites or execute the types of software that ICP can. There is nothing Avax or Solana can do that ICP can't do.

>>58122825
The simple truth is decentralized oracles are not needed as evidenced by the current financial system which doesn't have a problem with centralized price feeds. The only people who believe they are a critical part of the ecosystem are Linkies, Unfortunately for Sirgay, linkies don't use his price feeds. They just cope and seethe while he dumps on them and buys Lambos. If crypto goes mainstream, a centralized entity will see how much money Sirgay is trying to skim off the ecosystem and create a centralized more secure version that includes insurance for a fraction of the price.
>but muh decentralization
The future mainstream crypto eco system will be a mix of centralized and decentralized entities. Not everything needs to be decentralized . In fact, some of the simpler processes would be better left to a centralized business entity. You don't need a billion dollar blockchain to do 2nd grade math.
>but muh CCIP
I don't even know what that is. But if I know Sirgay its an opportunity for him to continue dumping on you and buying Lambos for many bull runs to come.

>>58123507
I've already explained why this is wrong and you haven't given an actual argument against it. the state of fud today is absolutely pathetic

>>58122151
it's only the beginning.

>>58120150
did you not even see the all time chart? just need one bit of research ffs

>>58123271
Alright, thanks. Well, guess we'll see what the future brings.
I own Eth, L2s, Sol, Avax, DeFi-Coins, ICP, memecoins, etc.

>>58120150
>muh technology
Give me one reason I should use this over AWS or MS Azure
>b-but muh decentralization
are you running a node? Do you know any pissdrinkers running a node? In fact picrel is the hardware requirements to run a node. Do you have the hardware to run one if you wanted to? Probably less than 0.1% of americans do.
In fact it's so centralized, the NSA could knock on Dfinity's door and shut this project down within a day. It's an unregistered software company after all, with a CEO and a development team and a marketing budget.
>m-muh blockchain
Buzzword. It's inefficient as fuck and when it's this centralized there is zero reason to use blockchains over traditional setups.
Blockchains have one use case only, separating money from state. Using it for anything else is retarded.

>>58125651
I know little about ICP, but someone has to try it. Maybe it's efficient currently but it's good if this space gets explored.
Regarding nodes, a central idea of crypto are DAOs who could run them.
Maybe ICP itself is a flawed idea (or maybe it isn't and will transform the web), but in amy case, it's good that someone tries.

>>58125780
by all means you should try, just don't expect to make any money on it

>>58125651
>Give me one reason I should use this over AWS or MS Azure
You shouldn't unless you want to integrate your project with the web3 resources that will be a part of the IC.
>are you running a node?
No, but I am running a train on your Mom later tonight.
>Do you know any pissdrinkers running a node?
I don't know anyone who drinks piss. Where are you going with this?
>In fact picrel is the hardware requirements to run a node. Do you have the hardware to run one if you wanted to? Probably less than 0.1% of americans do.
No, but since I don't want to run a node then it doesn't matter. Are you trying to say ICP is bad because poor people can't run nodes? Who cares. Why would IC allow substandard hardware in their decentralized data center network. It needs the hardware it needs to run and be stable. ETH is the same way. In fact, any of the top L1's have minimum standards for running nodes.
>In fact it's so centralized, the NSA could knock on Dfinity's door and shut this project down within a day.
The Dfinity Foundation is based in Switzerland. The NSA can't do shit. Not that they would have a reason to.
>It's an unregistered software company after all, with a CEO and a development team and a marketing budget.
This is retarded and doesn't deserve a response.
>Blockchains have one use case only, separating money from state. Using it for anything else is retarded.
Stay poor. I'm in crypto to separate money from whoever is giving it up. I don't care if it is the state or a cringy crypto-anarchist wannabe like you. I'm probably going to reinvest my earnings back into boomer stocks.

>>58120150

https://twitter.com/BrainTolivl/status/1771035832461226207

>>58126035
Based