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/biz/ - Business & Finance


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22786954 No.22786954 [Reply] [Original] [archived.moe]

Here it is /biz/, the actual ETH killer. Are you surprised? ETH is old, inefficient, unscalable and costly at present with no fix in sight for years.

>ALGO trumps ETH's 15 TPS with 1000 TPS.
>ALGO trumps ETH's high fees coming in at only 0.0004c per transaction.
>ALGO trumps ETH's transaction times with a finality of 4.5 seconds
>ALGO is already seeing widespread adoption across the board with the national digital currency of the Marshall Islands set to launch soon, USDC moving over to ALGO alongside ETH (and will no doubt switch 100% to ALGO alone).
>Poised to be used in CBDCs due to teams connections.
>Let's not forget the 5.6% interest gained from staking ALGO that requires 0 Effort.
>ALGO team is insane and is made up of turing award winners and MiT members.
>Tech is already outstanding for a 1 year old project.

"But muh ToKeNoMiCs". Get the fuck out of here with your extremely lazy FUD. No one wants to hear it.
"But muh 10 BiLlIoN sUpPlY" this literally wont matter. Go get something better to complain and FUD about.
"But muh YoU'Re geTtINg DuMpEd On". Fucking idiot these are the staking rewards program. https://algorand.foundation/stakingrewards
"But muh ETH 2.0 iS cOmInG sOoN". Just another opportunity for ETH to fail miserably. That's if ever does release. Maybe in a few years.

I don't know what else to tell you, Anon. If you aren't stacking ALGO, you're never gunna make it.

>> No.22787941

>>22786954
been accumulating little by little (along with other coins). Should hit 1k next friday. maybe i'll even dedicate my entire cypto allowance to ALGO on friday

>> No.22787972

>>22786954
how many algos to make it fren?

>> No.22788006

>>22786954

KEK But the tokenomics IS shit. Enjoy getting dumped on by VC for the rest of your life you stupid dumbfucks. This shit is moonproof HAHAHAHAHAHAHAHAHAHAHAHAHAH

>> No.22788031

>>22788006
i still get more from staking then I would if the money was just in a bank account. Its not much but its something.

>> No.22788057

>>22787972
50k

>> No.22788134

>>22786954
Jannies do your fucking job and clean up this copy paste spam

>> No.22788464

>>22788031
staking usdc on cypro.com would pay higher apr

>> No.22788938
File: 41 KB, 621x414, 1574269456030.jpg [View same] [iqdb] [saucenao] [google]
22788938

>>22786954
>Here it is /biz/, the actual ETH killer. Are you surprised? ETH is old, inefficient, unscalable and costly at present with no fix in sight for years.
>>ALGO trumps ETH's 15 TPS with 1000 TPS.
>>ALGO trumps ETH's high fees coming in at only 0.0004c per transaction.
>>ALGO trumps ETH's transaction times with a finality of 4.5 seconds
>>ALGO is already seeing widespread adoption across the board with the national digital currency of the Marshall Islands set to launch soon, USDC moving over to ALGO alongside ETH (and will no doubt switch 100% to ALGO alone).
>>Poised to be used in CBDCs due to teams connections.
>>Let's not forget the 5.6% interest gained from staking ALGO that requires 0 Effort.
>>ALGO team is insane and is made up of turing award winners and MiT members.
>>Tech is already outstanding for a 1 year old project.
>"But muh ToKeNoMiCs". Get the fuck out of here with your extremely lazy FUD. No one wants to hear it.
>"But muh 10 BiLlIoN sUpPlY" this literally wont matter. Go get something better to complain and FUD about.
>"But muh YoU'Re geTtINg DuMpEd On". Fucking idiot these are the staking rewards program. https://algorand.foundation/stakingrewards
>"But muh ETH 2.0 iS cOmInG sOoN". Just another opportunity for ETH to fail miserably. That's if ever does release. Maybe in a few years.
>I don't know what else to tell you, Anon. If you aren't stacking ALGO, you're never gunna make it.

>> No.22789056

>>22786954
Impressive, but eth has the fma.

>> No.22789710

>>22787972
10k a comfy stack 1 ALGO pero day in staking

>> No.22789749
File: 10 KB, 250x250, asf1516a621616.jpg [View same] [iqdb] [saucenao] [google]
22789749

>>22786954
>"But muh ToKeNoMiCs". Get the fuck out of here with your extremely lazy FUD. No one wants to hear it.
you keep posting this copy-pasta day after day after day after day and yet are completely incapable of formulating a rebuttal to the absolute disaster that is Algorand's clusterfuck of incompetence with regards to the disasterous tokenomics. telling, very telling

>> No.22790522

>>22786954
10,000 tps soon with smart-contract release

>> No.22790561

>>22790522
this is just layer 1 tps, layer 2 tps btfos everything. Why would smaller CBDCs or fortune 500s use anything else

>> No.22790592

>>22788938
yeah seriously. I love this project -- I came up with the algorithm is working memes (with pepe-based Silvio), and this has got to be the most try hard way to promote this. also, why even promote at this point? because you're afraid you bought too high? have some patience and just let it organically evolve.

>> No.22790626

>>22789056
So did MySpace and Netscape. you don’t hear much about them anymore

>> No.22790683

>>22790592
One must shill harder and longer than ChainLink to remain in people’s retarded, short attention span, feeble minds

>> No.22790725

>>22789749
Wall Street gives zero fucks about your NEETcel tokenomics. Go do something more productive than fuding every single Algorand thread you absolute faggot

stay poor

>> No.22790789

>>22786954
What Algo offers that Flare will not ?

>> No.22790838

>>22790789
Adoption

>> No.22790909

>>22790789
adoption, ux, better smart contracts (turing completeness is a meme for financial contracts), and more decentralized consensus

>> No.22790991

2k algochad reporting in

>> No.22791130

>>22790909
>adoption
Flare enable the usage of any ethereum token (because it use the EVM under the hood) with all the XRPL advantages.
So no need to reinvent the wheel here.
>ux
The user experience of XRPL is fucking great what are you talking about ?
>better smart contracts
Care to explain ? (I'm knowledgeable about xrpl but not algo)
>and more decentralized consensus
Doubt. the "xrpl is centralised banker coin" is a meme, the more xrpl is used the more it is decentralised, what about algo ?

>> No.22791534

>>22791130
nobody ?

>> No.22791644
File: 6 KB, 159x250, index.jpg [View same] [iqdb] [saucenao] [google]
22791644

Delegated proof of stake

Sacrificing decentralization for speed, how quaint.

Uni 100 EOY

>> No.22791766

>>22791644
after a first read delegated proof of stake seems to makes sense, but it's not clear for me how it is more decentralised and scalable than federated byzantine agreement that can scale to VISA-tier TPS

>> No.22792074

>>22790683
why would I want that though? ALGO unironically doesn't need memes. it's already got the connections. Sergey needs all the intros he can get.

>> No.22792100

>>22791766
you need the leave. the algorithm detected that you are a smelly poojeet and are clogging up this thread with the scent of a thousand curries.

>> No.22792208

>>22790561
>muh TPS
How many dozens of these shitcoins have to fail before you guys understand that this doesn’t matter. But Zilliqa sirs.
>>22790838
Are you referring to the stablecoin? Adoption = a stablecoin? Wow you’ve really set the bar high faggot.

>> No.22792236

>>22791130
Xrp transactions are validated by 33 nodes all hand picked by ripple it’s as centralized as can be

>> No.22792250
File: 638 KB, 503x1122, nigger.png [View same] [iqdb] [saucenao] [google]
22792250

>you need the leave

>> No.22792266
File: 67 KB, 391x397, ALGOchad.png [View same] [iqdb] [saucenao] [google]
22792266

>>22792074

>> No.22792270

>>22792236
Even worse the (((zuckerfuck))) libra

>> No.22792310
File: 49 KB, 400x400, ALGO.png [View same] [iqdb] [saucenao] [google]
22792310

>>22792074
>>22792266

>> No.22792341
File: 98 KB, 1000x750, ALGOcomfy.jpg [View same] [iqdb] [saucenao] [google]
22792341

>>22792074
>>22792266
>>22792310

>> No.22792491

>>22792266
checked and based
>>22792310
based
>>22792341
more kino art like this please

>> No.22792495
File: 47 KB, 880x440, comp.png [View same] [iqdb] [saucenao] [google]
22792495

>>22792236
https://xrpcharts.ripple.com/#/topology
884 nodes
more xrpl usage with time equal more decentralisation
https://ripple.com/insights/the-inherently-decentralized-nature-of-xrp-ledger/

>> No.22792662

>>22786954
A circulating supply of 800 million out of 10 billion.

I think I'll sit this one out, lads.

>> No.22792663
File: 13 KB, 272x272, 1600760688240.jpg [View same] [iqdb] [saucenao] [google]
22792663

CURRYCONNEEEEECT YEAH

>>
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