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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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23377803 No.23377803 [Reply] [Original]

How do I profit off using networks with way higher TPS and lower fees than Ethereum?
I never thought to use stakers and exchanges on anything else but Ethereum, but wouldnt instantaneous transactions and no gas fees put me a massive advantage?
Throw me some ideas of ways to make use of this.

>> No.23378017

>>23377803
it's so so so much more than just TPS going for it regarding Algo. Image is fake btw.

t. Algo super bull

>> No.23378029

>>23378017
shill me

>> No.23378043

>>23378017
Image is not fake
https://www.algorand.com/resources/blog/join-us-at-consensus-distributed

>> No.23378062

>>23378043
Shows how much this super bull knows

>> No.23378262

>>23377803
Defi loans would be low hanging fruit for Algorand. If you actually code shit then apply to Borderless Capital for funding

>> No.23378326

>>23378262
StakerDAO just got the greenlight to build on Algo, it may already be up. Knowing how fast and cheap Algo is, Im tempted to try it out but Im not too savvy in the DeFi world

>> No.23378507

>>23377803
I've been watching from the sidelines but honestly just haven't bothered to dive deep into algorand research. Redpill me on algo and why it's actually good.

Is it just another eth killer?

>> No.23378711

>>23378507
when every shitcoin gets annihilated in the next bull run and the sec comes running after scams, algo will be one of the few coins that are legally compliant

next protocol upgrade puts it at 10k tps. etc etc.

>> No.23378744

Suicide stack size?

>> No.23378996

>>23378744
checked. 10k suicide stack.

>> No.23379002

>>23378507
My personal opinion is that the Boston Fed personally had it created.
It's based in Boston and a product of literally a Marvel-tier assembally of scientists.
More than 12 PhD's, a nobel prize winner, a Turing award winner, countless other awards, dudes from Google, IBM, I mean its just insane the caliber of the team.
CEO confirmed 10k tps by early 2021. Theyre just on a different fucking level.
So yeah, my money is on them.

>> No.23379378

>>23379002
Paul Milgrom is close friends to Janet Yellen's husband George Akerlof. I believe Yellen is getting involved again to help with the economic recovery, it will be interesting to see if Algorand gets any adoption over the next two years.

>> No.23379915
File: 2.61 MB, 500x281, stop it my peepee.gif [View same] [iqdb] [saucenao] [google]
23379915

>>23379002
>>23379378
Sstoopppp it or I'm gonn-g-gonna buyy mooooorreeee

>> No.23380964

I'm an unironic neoliberal globalist who very much wants a one world government because it would be vastly more efficient.

Is this /mycoin/?

>> No.23381067
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23381067

>>23380964
Nah if you want that then EOS is for you.
Please, consult Chinas government crypto rankings, as that is there goal.
Now. Notice ALGO not being mentioned despite BSN inviting ALGO to BSN.
Thats because ALGO is American made blockchain muscle, and the Fed is working closely with Algo to develop it.
China doesnt want it gaining too much popularity yet.