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

/biz/ - Business & Finance


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20402907 No.20402907 [Reply] [Original]

FANTOM HAS THE BEST TOKENOMICS IN ALL OF CRYPTO

Being able to deploy PRIVATE, PERMISSIONED networks, with a PUBLICLY traded coin, does several things:

1. Works with the existing banking system not against it by facilitating deployment of a FIAT currency
2. Allows fiat coin networks to be open source and prepare for smart contract adoption/API crypto economy
3. Outsources the internal database management banks have to do and makes it more secure
4. Anyone can use the payment system so long as they buy fantom, but all transactions are still publicly traceable by the banks, resulting in lower overhead for public adoption of the system while still keeping it accountable to illicit usage
5. The network pays for itself, making a more transparent market in the fees validators charge to users of the network
6. Encourages banks to set price floors on fantom to secure the network
7. Since it’s permissioned with latest tech it scales infinitely and securely so it will be actually USED for day to day transactions
8.This is all only ONE usecase, stablecoins, which will result in strong network effects for others to adopt Lachesis technology for other permissioned networks, such as smart contract networks and smart cities, all scaling independently

>> No.20402941

>>20402907
KYS

>> No.20403018

>>20402907
>DeFi is on track for end of Q2
>Okay, only fLend is on track for end of Q2
>Okay, we need 2 more weeks to finish fLend
>Okay, we're not committing to hard deadlines moving forward
No shitcoin has ever made me this angry. I want to strangle these stalling cocksuckers.

>> No.20403032

>>20402941
You first

>> No.20403062

>>20403018
You don’t know anything about software development

>> No.20403068

>>20403018
Be patient retard - _-

This shit is going be huge

>> No.20403303

>>20403068
This

>> No.20403321

>>20403068
I'VE BEEN PATIENT FOR MONTHS NIGGER. HOW MUCH MORE PATIENCE IS EXPECTED OF ME? HOW MUCH LONGER MUST I SIT ON THE SIDELINES OF THIS ALTSEASON LIKE A KEK UNTIL THESE DEVS GET THEIR SHIT TOGETHER?

>> No.20403870

>>20403068
>This shit is going be huge
Just like the promised 300k tps.

>> No.20404095

>>20403062
Yes this /biz/ poster is right. Software development is about perpetually delaying a product then never delivering or delivering something dogshit garbage. Sticking to deadlines is for the wannabe code monkeys at google and apple

>> No.20404099

>>20403321
This. These chinks and paneers better get their shit together before we all dump

>> No.20404133

>>20402907
How can you buy this as an American these days? I don't even have access to Binance.us because of the state I live in. Don't know if it's there anyways though.

>> No.20404166

>>20404095
You guys crying about having to wait 7-14 days for 0.7 FINALITY DEFI and mETH has been delaying literally YEARS on PoS phase 0

FUCK CASUALS

>> No.20404186

>>20404133
HOTBIT

>> No.20404190

>>20404133
Kucoin, IDEX, binance w/ a vpn(they dont care)

>> No.20404201

>>20404166
WHATTTA BOUT EFEREUM!!

>> No.20404293
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20404293

>>20404201
?

>> No.20404319

>>20404133
Certain states block binance?

>> No.20404396

>>20404319
Maybe you can do it anyways but I'm trying to play by the rules if I can

https://support.binance.us/hc/en-us/articles/360046786914-States-That-Binance-US-Does-Not-Currently-Support

>> No.20405276

>>20402907
Staking comfy

>> No.20405328

>>20404396
That's so weird. Glad my state isn't on there, though I'm pretty sure they wouldn't let you reg if it was. What's the reasoning here?

>> No.20405915

and it's dumping LOL

>> No.20406093

>>20402907
$39b mc 2021

>> No.20406623

Scam

>> No.20406967

>>20402907
Fuck off scammer.

>> No.20407583

>>20403870
Andre Cronje already said it was bullshit hype from the old team (Fantom Nexus probably) more than 1 year ago. You keep posting the same fud over and over like an autist.

>> No.20407593

>>20407583
Fantom is a dead coin with 0 volume

>> No.20407608

>>20407583
>bullshit hype from the old team
You mean the ICO, right? kind of a big deal. So old team were scammers, and new team are scammers.

>> No.20407647

>>20407608
Nope, it's not a scam.