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20400568

AVAX is the 2nd LINK Anonymous Wed Jul 15 22:41:00 2020 No.20400568 [Reply] [Original]

Do yourself a flavor and read up on AVAX, you don't want to miss out.

>Emin Gün Sirer
Cornell CS Prof, same as Ari Juels, invented PoW in 2003
Been in crypto since the beginning, worked on Bitcoin, called out DAO hack before it happened, recognize the importance of Chainlink

>Avalanche protocol
The third consensus protocol after PoW, PoS. This is not repackaged shit with minimal tinkering here and there.
4500+ TPS, < 3 seconds finality, consensus reached by probablistically sampling thousands of independent nodes. Secure and decentralized.
Immune to 51% attack (need 80% network control to take over)

>Full EVM support
Literally eating Ethereum's cake. Low friction of adoption for projects developing on ETH. Athereum is a subnet of AVAX running EVM. ETH is a mess, ETH 2.0 will be a mess. This is the chance to bring smart contract to the next level.

AVAX post came out of nowhere because we all wanted to get in the ICO, now we've filled our bags and we want you to get in too. This is fucking huge

Emin Gün Sirer interview, I recommend listening to podcast that he's on too
https://youtu.be/jUI-GjAn8bc [Embed]
https://youtu.be/q-SzVFyddqE [Embed] (with Sergey)

>>	Anonymous Wed Jul 15 22:41:57 2020 No.20400586 How did the ICO go? I'll buy your bags in 1.5 years.

>>	Anonymous Wed Jul 15 22:42:06 2020 No.20400592 No.

>>	Anonymous Wed Jul 15 22:42:23 2020 No.20400596 >>20400568 why are you shilling this?

>>	Anonymous Wed Jul 15 22:47:05 2020 No.20400720 This will become a new biz coin mark my words

>>	Anonymous Wed Jul 15 22:48:21 2020 No.20400752 I figure I have at least 2 years between this launching and the 98% of supply being unlocked to get in a lot cheaper than the ICO shills would want you to think.

>>	Anonymous Wed Jul 15 22:50:42 2020 No.20400808 im all loopring now. Eth needs to embrace zksnarks. All these eth killers are faster and cheaper

>>

Anonymous Wed Jul 15 22:51:18 2020 No.20400822

>>20400586
12M token (~$6-$10M) sold in 71 mins
+60M token ($30M) sold in 5.5 hours
took so long mostly due to queuing time

2 ETH genesis wallet bought in
rolling vesting, don't wait 1.5 years to buy in,

>>20400596
Biz got me into LINK in 2017

>>20400752
Not true, they bump up the public allocation one day before the sale to 10%

>>	Anonymous Wed Jul 15 22:53:31 2020 No.20400908 File: 28 KB, 499x481, 3253532524356345423231436.jpg [View same] [iqdb] [saucenao] [google] >>20400568 >Literally eating Ethereum's cake. > we want you to get in too. Stop Mahapuneesh,you try too hard.

>>	Anonymous Wed Jul 15 22:55:37 2020 No.20400961 >>20400908 kek, the ICO is over, you can't buy now just telling you to look into it

>>	Anonymous Wed Jul 15 22:59:42 2020 No.20401075 >>20400720 I can smell the desperate curry threads already

>>	Anonymous Wed Jul 15 23:01:05 2020 No.20401111 >>20400568 What's the meme potential here?

>>	Anonymous Wed Jul 15 23:02:52 2020 No.20401155 File: 263 KB, 1400x824, 2215e0a2305dc81b62cba399f62e1f0f531547aea0984f417442d89f26abb075.jpg [View same] [iqdb] [saucenao] [google] >>20401111 strong

>>	Anonymous Wed Jul 15 23:06:57 2020 No.20401247 >>20401111 Expect incredibly lazy unfunny forced memes with something like LISTEN UP FAGGOTS in the OP. Look at RLC threads for a sample.

>>	Anonymous Wed Jul 15 23:23:43 2020 No.20401638 >>20400822 >they bump up the public allocation one day before the sale to 10% Oh such generosity.

>>	Anonymous Wed Jul 15 23:30:28 2020 No.20401784 >>20401155 kek sold but it will take years before it takes off, assuming crypto doesn't go to hell in the midtime

>>	Anonymous Wed Jul 15 23:32:24 2020 No.20401830 File: 5 KB, 210x240, 5oi.png [View same] [iqdb] [saucenao] [google] >>Emin Gün Sirer

>>	Anonymous Wed Jul 15 23:41:16 2020 No.20402033 >>20400568 when listing ?

>>	Anonymous Wed Jul 15 23:47:18 2020 No.20402182 File: 9 KB, 750x375, fantom.png [View same] [iqdb] [saucenao] [google] >>20400568 Why would I buy AVAX when FTM already exists?

>>	Anonymous Wed Jul 15 23:48:01 2020 No.20402195 >>20402182 >worked Yeah why buy VC token #23492 with atrocious token distribution when you could just buy an abandonware scam?

>>	Anonymous Thu Jul 16 00:02:50 2020 No.20402559 When and where can I buy this shit? Might pick up a $200 for lulz.

>>	Anonymous Thu Jul 16 00:04:09 2020 No.20402594 >>20402559 CoinEx. Check out their reddit. 20k airdrop coming soon.

>>	Anonymous Thu Jul 16 00:22:14 2020 No.20402948 >>20402559 mainnet hasn't launched yet, people who paid $0.85 will have theirs unlocked right from the start, good luck

>>	Anonymous Thu Jul 16 00:24:13 2020 No.20402978 Why is the tokenomics of this network so shit? No one is going to use it just for its consensus mechanism.

>>

Anonymous Thu Jul 16 00:51:54 2020 No.20403455
File: 41 KB, 913x582, avax new dis.png [View same] [iqdb] [saucenao] [google]

>>20402978
To be fair it is a difficult situation. Originally they planned to sell 0.97% of their tokens (now it's 10%) because they would rather give them to developers for ecosystem growth than used for speculation. They didn't realize the importance of diverse holders but eventually listened to community feedback.
The max. check limit and vesting period are all used to incentivize long term holding.

This is as good as it gets. You can't be a hyped project without people speculate the shit out of it. Just look at Ethereum, even Vitalik had said that he regretted giving early adopters too many tokens and not enough for long term development.

>>	Anonymous Thu Jul 16 01:41:59 2020 No.20404400 >>20403455 when mainnet

>>	Anonymous Thu Jul 16 01:44:23 2020 No.20404435 >>20404400 dunno yet

>>	Anonymous Thu Jul 16 01:51:29 2020 No.20404542 >>20404435 this wont get traded until mainnet? this is bullshit

>>	Anonymous Thu Jul 16 02:00:41 2020 No.20404698 This will be bigger than Ethereum

>>	Anonymous Thu Jul 16 02:07:57 2020 No.20404832 >>20404542 >>20404400 It's gonna be July or August. A matter of weeks.

>>	Anonymous Thu Jul 16 03:07:43 2020 No.20405645 >>20400822 No one else is buying it Might as well just buy FUND AVAX has shitty distribution

>>	Anonymous Thu Jul 16 04:07:42 2020 No.20406361 >>20405645 NO ONE CAN BUY RIGHT NOW, ITS NOT OUT YET

>>

Anonymous Thu Jul 16 04:16:09 2020 No.20406472
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Imagine buying another layer 1 token right now.

You're basically betting that:
1. ETH's transactions fees and ETH2 delays will be enough to drive developers and users (liquidity) to a new layer 1 network and it's Uniswap/Compound/Synthetix copycats.

2. Those same devs and users won't go the established ETH competitors much further along in development like Tezos, Cosmos, Polkadot for their flavor of Uniswap/Compound/Synthetix copycats

3. Those same devs and users won't go the less established but highly-funded ETH competitors like Hedera, Algo, Cardano for their flavor of Uniswap/Compound/Synthetix copycats

You'ed have to be fucking retarded.

>>	Anonymous Thu Jul 16 04:26:49 2020 No.20406627 >>20406472 learn what it means by EVM support. Every Ethereum smart contract can run on Avalanche, Metamask and MEW work out of the box already. Look into Athereum https://athereum.avax.network/