AVAX hyping

[Anonymous No.22871030]

seeing all this AVAX hype on /biz/ and TW definitely is driving me into portraying it as the next big thing.

i already missed too many projects mooning, so i think i'm hopping into the Emin's train.

anyone's against?

[Anonymous No.22871066]

[Anonymous No.22871119]

The only hype you're seeing is from paid chink shills and their copy pasts. Emin is a second rate academic from an ivy league institution that is culling useless disciplines as we speak. Little known fact: academics struggle to survive in the practical real world away from all "theory"

[Anonymous No.22871132]

>>22871066
if that's emin's train then all i'm seeing is a bunch of based alphas.

[Anonymous No.22871179]

how come emin isn't working for chainlink labs?

[Anonymous No.22871217]

>>22871119
i thought so until i saw ppl like Eich talking about it.

i mean, is he getting paid too?

[Anonymous No.22871298]

>>22871179
as far as i know, both are working together actually.

[Anonymous No.22871502]

>>22871119
>muh academic
Let's see,
-his Karma system, published in 2003, is the first cryptocurrency that uses a distributed mint based on proof-of-work
-he published the paper "Majority is not Enough, Bitcoin Mining is Vulnerable" which described the selfish mining attack, an attack on Bitcoin with only 1/3 of total hash power.
-was among the first to warn about the vulnerabilities that led to the collapse of The DAO

>The only hype you're seeing is from paid chink shills and their copy pasts.
Are Vitalik, Reddit co-founder, Bitpay chief engineer, BAT creator, ..etc paid shills too? What are you bagholding? DOT? ETH? Tell us, pajeet, you sound very desperate.

[Anonymous No.22871630]

There are three good arguments against AVAX. I'm not saying don't buy, but at least give these three arguments decent consideration before going in:
1) The L1 space is insanely congested and "ETH killers" constantly come and go. They are ALL pumped at launch as everyone gets hype about the next big thing, then as months and years go by they fall apart as they fail to deliver. Remember launch is peak promises, as time goes on there will be plenty of time to see if it comes close to actually pulling them off. Remember how excited people were for IOTA and Qubic at one point? Now do newfags even recognise those words?
2) Token distribution is fucked. 10% to the public. So you're not really buying into a decentralized project you're just being thrown a few peasant crumbs.
3) With Arbitrum coming in 6 months is there even going to be a chance for ETH killers to get market share? The L1 "race" might be ending a lot sooner than people expect if Arbitrum manages to run on ETH 1 with 1000x cost reductions and 40k TPS.

As I said, you can still buy some if you want, and maybe you'll do well, but this is ETH killer #2384823 and immediately after launch, when nothing is tested, nothing has failed, and everything is running on promises, it's the easiest time for speculation to run up before reality comes crashing down.

[Anonymous No.22871826]

>>22871630
>1) The L1 space is insanely congested and "ETH killers" constantly come and go. They are ALL pumped at launch as everyone gets hype about the next big thing, then as months and years go by they fall apart as they fail to deliver. Remember launch is peak promises, as time goes on there will be plenty of time to see if it comes close to actually pulling them off. Remember how excited people were for IOTA and Qubic at one point? Now do newfags even recognise those words?

As I posted earlier, the Avalanche consensus algorithm is a genuine breakthrough in the underlying computer science. Nothing else has really attained that kind of a breakthrough on scaling.
https://www.youtube.com/watch?v=AXrrqtFlGow

>2) Token distribution is fucked. 10% to the public.
50% of supply is future staking rewards.

Seed sale: 2.5%
Private sale: 3.46%
Public sale: 10%


>>22871630
>) With Arbitrum coming in 6 months
No one cares about Rube Goldberg L2 scaling solutions, and you still need to move from/to Ethereum which will be expensive because it doesn't scale.

Avalanche TODAY:
-4500 tps
-less than 3 seconds latency

and Avalanche's c-chain is byte-for-byte compatible with Ethereum. No L2 bullshit.

[Anonymous No.22871842]

who here THE MONEY TEAM?