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/biz/ - Business & Finance


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25686446 No.25686446 [Reply] [Original]

Most ethereum killers are dogshit.

Some are slightly better but still won't get adopted.

That includes Tezos, Cardano, Matic, Cosmos, and many others

Polkadot has been hyped as fuck but as far as I can tell nothing is happening on it.

While ethereum is likely to remain the king, Avalanche is the only one with a real shot at overtaking it.

Here's a good thread on the technical reasons why:
https://twitter.com/kevinsekniqi/status/1346213042439278592

Very soon (this month), avalanche will be getting its first major dApps: pangolin (a uniswap style exchange on avalanche, with yield farming) and bZx (a margin trading/borrowing/lending platform that already exists on ethereum).

Once avalanche gets these, it will immediately have more activity than any other ethereum killer, despite being newer than most of them. bZx in particular shows how easy it is to port over.

Imagine being able to do everything you currently do on ethereum, except transactions are instant and cost a couple of cents, even if avalanche had 10x the activity that ethereum currently has?

People are going to dip their toes in Pangolin. It has yield faming, with major tokens like LINK, ETH, WBTC, YFI, Aave etc.

They're going to see how fast and cheap it is. They're going to see that they can margin trade on bZx on avalanche instead of ethereum, doing the same stuff they were doing before but way cheaper

>> No.25686485

>>25686446
>Tezos
Kek
> Cardano
lmao centralized dogshit without smart contracts
> Matic
kek, just look at the team. Pajeets all the way down
> Cosmos
meme
> Polkadot
what are smart contracts?
> Algorand
Centralized shithole

>> No.25686503

>>25686446
another bread crumb for you faggots:
https://athereum.avax.network/

>> No.25686504

>>25686485
I think we're on the same page here, I'm calling those projects dogshit

>> No.25686511

>>25686446
>Imagine being able to do everything you currently do on ethereum, except transactions are instant and cost a couple of cents, even if avalanche had 10x the activity that ethereum currently has?
Still slower, and more expensive, than fantom. Yawn

>> No.25686524

>>25686446
What about Radix as an AVAX killer?

Thoughts?

>> No.25686530

You're right, We're waiting for the market to pick
up on this

>> No.25686532

>>25686485
cardano is already 70% decen you retard. come march it will be 100%.

stop shilling this turkroach scam.

>> No.25686561

>>25686511
Fantom has been trading for 2 years.

Can you name any dApps currently on Fantom?

Does it have a dex? Does it have margin trading, lending and borrowing like AVAX will this month?

If it has literally nothing after 2 years of trading, why is it going to do better than AVAX which will have ultra fast trading + lending + borrowing after only 3 months?

>> No.25686562

>>25686524
I'm thinking you're a queer.

>> No.25686589

>>25686532
Around for 3.5 years and nothing to show for it.

>> No.25686613

>>25686446
Pangolin is actually dog tier shit though
Zero Exchange is what you want to look out for

>> No.25686636

>>25686532
Cardano is inferior product in its ideal form (Which is still theoretical at this point, after 4 fucking years) than Avalanche. Even your garbage CEO worship AVAX publicly.

>> No.25686643

>>25686532
BTC means Big Turkish Cock

Now put it in your mouth, you know you want to please a real man.

>> No.25686649

>>25686613
This seems ridiculous, neither have been released yet. If anything I would lean to Pangolin being better. Zero exchange is kind of weird, launched yield farming on ethereum. Seems like they are just trying to undercut Pangolin, who announced first and are waiting for avalanche

>> No.25686651

Weird how every expert on this is also a kebab, also weird how posts like
>>25686503
Charitably throw breadcrumbs immediately after their last post, just looking at the captcha timer.
No one is reading that shit and dot and ada make this piece of shit a joke

>> No.25686675

>>25686651
OP here, I am a proud trump supporting white male

>> No.25686696

>>25686446
>guys I am new and know nothing about how the market works. Network effect means nothing it is about how fast and cheap a coin is! That’s why I’m selling my eth for tron and avax!!!

>> No.25686701

>>25686613
Zero Exchange is pure dog shit too though
Stakenet is what you're looking for here

>> No.25686705

>>25686524
does Radix have a savant tier memelord founder like AVAX?

>> No.25686715

>>25686649
Check social media presence. Pangolin is developed by 1 guy mostly, while there is a whole team behind Zero. I did my research on both and concluded that Pangolin is mostly a meme.
The reason for yield farming on ETH is to allow the community to grow and farm tokens while then porting over to AVAX as soon as possible. Nothing shady about it.
Anyways, I did my research on went big on Zero.

>> No.25686723

>>25686532
brah after the Ripple lawsuit, anything that smells even remotely "centralized" is going to be sued to the high heavens

>> No.25686724

>>25686705
Cornell's Turkish 210 IQ God Emin Gün Sirer?

>> No.25686737

>>25686696
Read the post again.

I said ethereum is likely to remain the king - yes, because of network effects. I hold more ethereum than I hold avalanche. (six figures of ethereum, mid five figures avalanche)

My argument is that avalanche is (by far) the best ethereum competitor, and if you want a cheap upside shot then avalanche is the way to go.

>> No.25686745

>>25686675
I'm talking about the twitter link you didn't even read you fucking dumbass

>> No.25686755

>>25686737
It's 4.5 bucks per AVAX

Whats cheap about it?

And for some reason Trust Wallet doesnt hold it, while Binance sells it.

It confuses me

>> No.25686801

>>25686755
It’s market cap is way lower than many ethereum competitors like cardano, tezos and polkadot, despite it being superior to them.

If avalanche does take off you’re looking at 10-100x

>> No.25686816

>>25686801
What about the wallet situation?

How do I store it in Trust?

>> No.25686824

>>25686524
can't scale beyond 100 validators, no hype no adoption. it's probably the worst mentioned in this thread

>> No.25686827

>>25686696
What you don't understand peanut brain is that Avalanche is legit the first and one of a kind, It's the most significant paper in the last 5 years which come into fruition by the same team who wrote it.

I repeat, NO OTHER PROJECT ever solved the blockchain trilemma without doing any massive shortcuts, Avalanche is truly the first platform to even have the CHANCE, Other where a PnD from the the day the listed on the market in the eyes of any individual with beyond the absolute basic understanding of how all this space work.

>> No.25686868

>>25686827
Whatever helps you sleep at night

>> No.25686927

>>25686446
>muh ethereum killer
>Everything else is centralized!
Nobody cares about any of this fact that you faggots can't get that through your head just exposes how bad at shilling you are.

>> No.25686973

>>25686816
It's not an ethereum token

You store it on a avalanche wallet at wallet.avax.network

Alternatively you can store it on binance

>>25686927
I'm not shilling. I'm making biz aware.

Look, avalanche is in the next couple of weeks going to be the first non ethereum blockchain that has substantial dApps. Dex with yield farming, margin trading, lending borrowing. Currently ethereum is the only other chain which offers this (ignore BSC and Tron which are just less secure ethereum forks). It will speak for itself.

>> No.25687017

>>25686927
even if you don't think it can kill ETH, it can kill DOT and ADA and other centralized shitcoins

That's a 10x at least

>> No.25687041

>>25686973
>I'm not shilling
>9 posts by this id

>> No.25687109

>>25687041
you're a tard if you think posts on a mongolian basket weaving forum can pump a top 100 project.
shilling works for $2M projects, not $400M projects.

>> No.25687111

>>25686973
Yeah you're just "making biz aware" every day multiple times a day for ages.

>>25687017
As I said nobody cares about centralization. So you just fed into the first post I made of how stupid you people look.

>> No.25687193
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25687193

>>25686561
>it has literally nothing

Jesus christ I know you guys get paid pennies by the post but come on you can do SOME research right?

>> No.25687211

>>25687041
>>25687111
This is the first time I've made an avalanche thread. You can buy it or not, I don't really care. It's almost certainly going to moon hard within the next 6 months as people realise the ease with which ethereum can be migrated over.

>>25687111
>nobody cares about centralization

Lol, lets get rid of blockchain then and just build a financial casino on revolut

>> No.25687229

>>25687193
Tell me which dApps Fantom has in operation right now. Maybe just name the most impressive 2-3 dApps in your opinion, a brief description of what they do and the total value locked on these dApps.

>> No.25687270
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25687270

>>25687229
>I can't address the governments working on your chain, so instead I'll focus on something else
No, don't move the goalpost shill.

>> No.25687274

>>25686715
Lmao you clearly have no dev experience. Speaking from my own experience, working on a project alone is almost always much better than in a team.

For starters that dev has complete oversight and intimate knowledge of the entire project, they get to do things their way, they are more productive.

I usually have to work in teams and there's always atleast one dev that doesn't /can't pull their weight, but even if you have the perfect team it doesn't matter because everyone has a different style and usually (especially under crunch) the conflicting styles leads to a breakdown in conformity to the standard approach (as specified by the team lead) and technical debt sky rockets to a point where it is not even feasible to fix it anymore and you simply have to work around it.

All that being said, I don't know shit about the Pangolin dev so if he's a pajeet the project is fucked.

> Btc, eth, yfi all started with one dev

t. 6 years industry dev

>> No.25687336

>>25687109
I didn't say I did niggerboy, and I don't care about ops intentions or what he thinks he could accomplish. Where do you think you are? People constantly post their investments here, its mostly to justify their retarded investments but its still shilling.

>> No.25687348

>>25687111
>As I said nobody cares about centralization
are you a retard? If centralization wasn't a problem, why would we have blockchain in the first place?
Our centralized systems are failing which is why we have blockchain in the first place numbnuts

>> No.25687369

>>25687270
Moving the goal posts?

You said here fantom is faster and cheaper here:
>>25686511

I asked you to name some Fantom dApps here:
>>25686561

You failed to name any Fantom dApps here, instead accusing me of being a paid shill:
>>25687193

I re-iterated my request for you to name a few Fantom dApps here:
>>25687229

And then you start talking about governments working on chain, again failing to name a single Fantom dApp.

I am assuming from your rather strange and evasive posts that there does not exist a single Fantom dApp and it is more or less vaporware. Unlike Avalanche which is the only non ethereum chain/fork that has advanced dApps like Dex trading, margin trading, borrowing and lending.

NEXT!

>> No.25687379
File: 401 KB, 864x1150, Screenshots_2020-10-05-22-40-36.png [View same] [iqdb] [saucenao] [google]
25687379

Did you ever fix this btw avax shills?

>don't even get me started on the tokenomics

>> No.25687467

>>25686446
DOT and ADA will rape your anus

>> No.25687483
File: 133 KB, 591x1280, IMG_20201211_233417_693.jpg [View same] [iqdb] [saucenao] [google]
25687483

>>25687369
Holy shit you argue like a jew. I thought you were Turkish roaches not kikes, wow. Shill all you want dude you aren't changing anyones mind about your
>muh eff killer
Horseshit

>Oh you guys focus on B2B? Well I guess the project sucks because the B2C isn't finished!

All you're doing is showing your minimalistic depth of understanding how macroeconomics works and businesses operate. I remember being 20 don't worry, you'll grow out of it.


Talk to me in 6 months

>> No.25687536

>>25686446
Eth maxi here, avax is probably the closest thing to being fundamentally sound competitor to ETH. Their athereum implementation as a proof of concept is amazing as well.
BUT, nothing will have the network effect of Ethereum. Nothing will “kill” eth especially after 2.0 + 1559.
Until then layer 2 like xDai are a good investment, even layer 0 like DOT, but not another fucking layer 1.

>> No.25687549
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25687549

>it's decentralized so its good (only selling point)

>> No.25687589

>>25686446
You are a retard if you think that.
Cardano and Algorand are both miles ahead and already integrated in many instutional-based frameworks....

Sorry but a uniswap app isn't a major dApp. Enjoy your ghost chain.

>> No.25687632

>>25687536
Network effects are very important.

With that said, they're less important for Ethereum - whose main use case is financial applications - than bitcoin - whose main use case is SoV.

If it's almost as easy to move to Avalanche than to move to a L2, then ethereum is certainly at risk of losing market share to avalanche.

>> No.25687651

>>25687632
Shill, don't run away. Address >>25687379

>> No.25687654

>>25687589
Uniswap app with yield farming (bootstrapping early interest on avalanche) + bZx which has margin trading, lending and borrowing.

Cardano has nothing. What does Algorand have?

>> No.25687657
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25687657

been aware of that since 3.61$ went 80% in and pretty comfy

>> No.25687736

>>25687654
Algorand have stablecoins and the most industrial/pro ecosystem and developper documentation ever in this "crypto-industry". This blockchain has more predictible, safe and sound characteristics for serious businesss application that Avalanche will ever have, and if you know both tech you know.Miles ahead I tell you.

>> No.25687762

>>25686446
>Polkadot has been hyped as fuck but as far as I can tell nothing is happening on it.
nothing is happening on AVAX as well, dont kid yourself

>> No.25687767
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25687767

>>25686446
reddit spacing disgusting faggot
fuck your twitter link faggot
>>25686485
cardano has smart contracts
polkadot has better smart contracts
> algorand
slower than avalanche also wastes energy for nothing

avalanche consensus is from the future
>>25686524
radixdlt can give you 4x on price but
>>25686824
thats right radix cant scale, the validators fuck it up

>> No.25687799

>>25687651
Take a look for yourself on https://avaxmap.com/

Doesn't appear address specific at all.

>> No.25687820

>>25687736
Ok, stablecoins, great. Not a dApp though. I re-iterate my question.

>>25687762
AVAX is a lot newer than the other eth competition I mentioned, and this month it will have DEX + margin trading + borrowing + lending, with a lot of yield farming thrown in.

>> No.25687825

>>25687767
> cardano has smart contracts
>polkadot has better smart contracts
> algorand
>slower than avalanche also wastes energy for nothing

Lol okay.

>> No.25687854

>>25687467
DOT consensus looks interesting but does not scale as well as avalanche and has less latency

ADA is just old school PoS

>> No.25687862

>>25687654
No need to talk trash about Algo, It did enough in this space already. Tho i don't like the fact we can't see the number of nodes operating on Algo chain.

But AVAX is just better.. If it won't eat dominance from Ethereum then nothing will, ever, period.


Cardano is utter trash btw

>> No.25687921

> algorand
> slower than avalanche also wastes energy for nothing
FUD.
> Centralized shithole

Algorand is the most scalable and decentralized blockchain ever, yes even vs Cardano and Polkadot. Even though the relay nodes are still centralized, the VRF-based consensus mecanism is PERFECT, decentralized and secure. 46k TPS with a real decentralized Pure proof of stake. This chain is criminally undervalued.

But I appreciate the FUD, can't wait to see everyone's face when it x5 after next 2 months news...

>> No.25687966

How about you actually explain the project if you believe in it instead of acting like a retard?
Unless the project is actually shit and you have little resources

>> No.25687970
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25687970

>>25687862
U guys are still the neckbeard early adopters
muh "this will eat that market"

Ethereum will be a 10k coin
Avalanche will also have the same marketcap
Polkadot will also have same marketcap
People will use them all for different and sometimes same things

There is room for more coins, the world has 7 billion people 15 trillion of only one shitty fiat currency among dozens of shitty fiat currencies.

>> No.25688103

>>25687966
Novel consensus mechanism + PoS allows it to scale to a huge extent, remain fast and cheap while remaining extremely decentralized is the short of it.

Founder is a cofounder of IC3 along with Ari Juels.

Very easy to port from ethereum which is the big thing. As mentioned ethereum apps are moving over very easily and people will see that the same things they've been doing on ethereum will be easy to do on avalanche + way cheaper, faster

>> No.25688135
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25688135

>>25687966
this is the standard redpilled copy and paste, btw I actually don't care whether you buy it or not

Avalanche the protocol
>a major break through in consensus mechanism, the third one after Classical and Nakamoto
>high scalability, 4500+ REAL TPS near instant low cost transaction
>high decentralization, very low barrier of entry in node running
>high security, resistant to 51% attack
>full EVM compatibility

Emin Gün Sirer:
>Cornell CS Prof, been in crypto before crypto was a thing
>number 2 in Cornells IC3 (Ari Juels is number 1)
>called out multiple attack vectors of the DAO before it was hacked
>recognized the importance of Chainlink from early on and is in close contact with the Flannel Man
>his PhD student Maofan Yin is the author of HotStuff protocol used by Facebook Libra, he's also working for AvaLabs

>> No.25688197

>>25688103
And what else? Other projects are already doing all of that, but also have a million more things going.

Solidty doesn't even have much future, the goal of all development is to allow making smart contracts in any language, not to replicate solidity. Plus even if you could move your dapp to different network, what your users would expect is for you to create interoperability, not clone it on a different chain.

>> No.25688230
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25688230

>>25687970
This is where you're wrong. Ethereum already faces stagnation because gas prices are over the fucking top. Ethereum will pass 2k only if people are brain damaged, hurting the entire ecosystem aswell. There is an answer right here and it's AVAX, it will flip. Ethereum can't scale, rETHards seethe.

>> No.25688236

>>25688197
No project is doing that, 100%, You're being fed with lies like a typical brainlet newfag.

>> No.25688260

>>25688135
So what? Micali, the inventor of Algorand, is also a fucking mathematician, invented ZKPs and worked in crypto all his life, the dude is a freaking Turing award, but no need to use that as a selling point.
I'm sorry, Avalanche has nothing special going for it. Algo, Ada, Dot all have "high scalability, high decentralization / consensus security".

This is the standard redpill copy paste? This is shit, like for real Anon.

>> No.25688300

>>25688197
>And what else? Other projects are already doing all of that, but also have a million more things going.


They don't though?

All these other projects have been around for ages and have very little to show for it.

What is the purpose of ethereum? dApps and DeFi, which will eventually hopefully be integrated with real world finance. The problem with most ethereum competitors is that there isn't actually any activity on them - no serious dApps. This is not the case with avalanche as it is easily porting over some advanced ethereum dApps.

>> No.25688355
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25688355

>>25688260
yeah you don't understand consensus protocol, all you see is Cornell prof vs Turing award winner
please stay away and never buy it

>> No.25688372

>>25688230
hartlova has such great tiddies
wish she had more and better vr scenes

>> No.25688514

>>25688355
You are fucking moron mate. I told explicitly about consensus mecanism, I read both whitepapers and stated fact. Bro, wtf is your problem?

>> No.25688572
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25688572

>>25687921
>Even though the relay nodes are still centralized, the VRF-based consensus mecanism is PERFECT, decentralized and secure
then why are the nodes still centralized?
Because literally every ETH killer scam (like IOTA) claims their consensus is fast and decentralized, yet runs a centralized version.

>> No.25688577

avalanche will dominate both crypto market and wall street go champ!

>> No.25688618
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25688618

If you still comparing Avalanche to Ethereum i cannot help you, but you are welcome to switch to the winning side.

>> No.25688642

I sold my 2000 AVAX for GRT (back when GRT was 14c) and am still looking for a better exit time to go back into AVAX

Do I still have time AVAchads? GRT is unironically still going to at least 60c. I'd prefer to wait.

>> No.25688650

Even if you aren't in it for its technology Avalanche is pumping left and right for the past couple of days, moon soon!

>> No.25688669

>>25688572
It's not centralized like you think. Anyone may (and is encouraged to) run a relay node, it's stated clearly, and the documentation is the CLEANEST in the entire space, can't deny that.
Anyone may (and is encouraged to) run a relay node.

https://algorand.foundation/algorand-protocol/network
Check that shit out.
If you had a brain or a sense of objectivity you would have read the whitepaper or learned about Algo's consensus. It's perfectly optimal. It just goes over your head, that's okay but please don't FUD just to make your Avalanche network look good...

>> No.25688674

Inteligent eyes are on AVAX now. Easiest x10 there'll be in the market.Don’t compare avax and eth!

>> No.25688705
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25688705

Not so fast, kebabnigger..

>> No.25688716
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25688716

>>25688514
>I read both whitepapers
there's no redemption if you've read it and still don't understand
it's ok, don't buy it, now go back to your Algo containment thread, it's warmer there

>> No.25688775
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25688775

Dat performance AVAX %92 !!!

>> No.25688802

Put aside the academic debates about which consensus mechanism is superior.

Avalanche is the first ethereum competitor to have any impressive dApps. They are launching THIS month. This is a major catalyst.

Does nobody here actually use DeFi? Do you just buy and hold shitcoins like an idiot on binance?

>> No.25688827

>>25688716
Avalanche doesn't have the "no fork, ever", fast finality of 2.5s. + Pure PoS. You don't understand how valuable that is. "highly scalable, highly secure, fast, and efficient, highly decentralized blockchain" is just the norm mate.

+ If it wasn't enough, Avax "foundation" holds 86% of tokens, enjoy.

>> No.25688832
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25688832

>>25688802
No, we’re just not poor like you and can stomach the high fees on the most used network in crypto.

>> No.25688954

>>25688669
>It's not centralized like you think
yes it is. I've read all the stuff you linked already.
>relay node
In other words, non-relay node that actually do the consensus are permissioned.

>> No.25689049

>>25688802
People don't even notice when networks are down for weeks. https://twitter.com/SarahJamieLewis/status/1015395299035045890
>>25688832
Normalfags are not going to throw away half their income for each transaction. Don't be stupid.

>> No.25689098

>>25688832
I paid $50k of gas in 2020.

It's obvious that ethereum is struggling and it's hard for much new activity to take place there without scaling.

There are many products which just can't ship right now thanks to ethereum's gas issues. Aavegotchi and chainlink staking to name but two.

Will ethereum's network effects mean it retains the king? Probably, but I like my odds buying AVAX, clearly the best ethereum competitor, at a pretty low valuation.

>> No.25689166

Also, avalanche up 20% since I made this thread. kek.

>> No.25689550
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25689550

>>25688618
>qualitymeme.jpg

Approved.

>> No.25689595

avalunch

>> No.25689753

>>25689098
Shut up poojeet

>> No.25689879

>>25686824
Not true. It's test ran 1k nodes.
100 validators is only the first implementation of rpn-1 theyre increasing it from there with rpn-2 and rpn-3
Avax shills always come out with this false fud

>> No.25689885

>>25688802
Im not eth maxi but you are full of shit lol
>impressive dApps
>launching THIS month
Impressive or just launching wich one is it retard?
>>25689098
I spent over 39k on fees 2020 and IDGF since i made 15x money so you are retarded or larping

FOR NEWFAGS : Thats why defi is such a good usecase: money markets dont need huge tps and low cost its all about % you can make

IDGF if there is good and liquid defi on avax ill buy it and use tommorow, but it takes so much to bootstrap this shit, all this shills literally scream you all are shitcoin that have no idea what defi is about

And this is all comming from 2015 btc maxi converted to defi 2020 lol

>> No.25689986
File: 4 KB, 265x91, 1_nkFjytUm4jqi7H7OiAPekg@2x.png [View same] [iqdb] [saucenao] [google]
25689986

huge DOT fanboi here.
Parachain auctions when sirs?
Also which is the best altcoin of the ecosystem?
POLS, XRT or a different one?
this is now a DOT thread

>> No.25690003

>>25688230
> 2017 May
> bitcoin faces stagnation fees are too damn high
> price is 2 000 dollarinos
> 2017 August
> bitcoin cash fees will be lower bitcoin fees are too damn high
> price is 3 000 dollarinos

this is how retarded you sound

>> No.25690073

>>25688669
damn stupid IOTA FANBOI
>>25688954
lol REKT by superior argument

Algorand consensus is nice but requires 100% uptime of a subset of the nodes whats why its permissioned
Algorand cant work like bitcoin - poof go offline and come back again
If a subset of the node goes offline, well bye to consensus

>> No.25690116

>>25690003
>>25690003
2020 is literally last pump of "next eth" shitcoins like 2017 was of "better tech and payment coins" than btc me thinks at this point

>> No.25690122
File: 129 KB, 640x640, 2020-11-09 11.20.30.jpg [View same] [iqdb] [saucenao] [google]
25690122

Guess what is a fork of AVAX? Yes that's right, Freedom Reserve.

https://app.uniswap.org/#/swap?inputCurrency=ETH&outputCurrency=0xc626e0619ac79afea9281c8eb9b1a9f9d3fab532

>> No.25690200

>>25690122
>1 eth volume
Kys discord tranny

>> No.25690230

>>25689885
>Impressive or just launching wich one is it retard?


bZx already exists on ethereum so we know what it is. Pangolin is a DEX.

Again, margin trading, lending, borrowing + a DEX. They exist on ethereum. They will exist on avalanche within a couple weeks, and be much cheaper and quicker. They do not exist on any other eth competitor.

>I spent over 39k on fees 2020 and IDGF since i made 15x money so you are retarded or larping


I spent 50k on fees and made about $920k in profit last year.

The high fees are manageable for me, but it costs like $50-100 to deposit or borrow on Aave right now. That's prohibitive for a lot of people. You're stupid if you don't realise that getting lots of small fries into the ecosystem is a positive.

>> No.25690256

>>25690003
Bitcoin and Ethereum are very different.

Bitcoin = Store of value.

Ethereum = financial applications

It's very important that ethereum can scale and manage its current congestion. Many dApps can not launch on ethereum in its current state.

>> No.25690282

>>25690200
>Every post is avalanche fud
how am i not surprised

>> No.25690313

>>25690116
Indeed my bruv
2017 was ICOs and "this shitcoin will solve scaling since it runs in my moms basement computer and is quantum safe triangle hash function high throughput system"

2020 well dang bitcoin is king forever and ever, but now
"muh shitcoin is better than ETH since it runs in my moms basement computer and is consensus quantum safe random verifable ... most people fall asleep here and buy ETH".

but as you see in 2021, ETH is now almost not an altcoin it has this defi icos which bitcoin doesnt do and almost stands on its own

2024 will see these new entrants POLKADOT, AVALANCHE as standing on their own as the new
"buy them since btc and eth are already overvalued and congested" and they will do 100x from now.

last train AVA and DOT in 2021 is eth of 2015

>> No.25690339

>>25690256
We dont have 1 exchange

Coinbase
Kraken
Bitstamp
Binance
Bittrex

There is room for dozens of dapp defi coins
Buy Algorand

>> No.25690357
File: 49 KB, 800x704, mad pepe child.png [View same] [iqdb] [saucenao] [google]
25690357

I don't like threads about the shit i hold, please delet this.
there's been more than enough time to dyor and take positions. alea iacta est

>> No.25690421

>>25690230
>bZx already exists on ethereum so we know what it is
Bzx got 0 users because they got HACKED 3 times in1 year and lost all user funds they have to pivot to something
Also history of dead projects pivoting to next ethereum chain is rich (check 2017-2018 list of shitcoins going to eos and how that turned out)
>Pangolin is a DEX
Dex for what?
You need assets to have liquid dex you know, token standards, projects etc how the fuck you imagine ecosystem grows?
B-b-b but anon they have "bridge to ethereum", yes same bridge that draws security from avalanche consensus i tottaly can see how billions are going to switch to 1m old chain in heartbeat because fees
Fucking solana/serum is doing 23423423 tps right now and and noone ports real money to mearcy of 12 sbf nodes lol

>I spent 50k on fees and made about $920k in profit last year.
No you didnt everything you type screams lowball shitcoin peddling with 0 understanding of defi
Literally cant cope its timeline i defend ethereum but so sick of trashbags like you selling snake oil

>> No.25690429

>>25690339
>dapp defi coins

lmao

have you ever even used ethereum?

>> No.25690501

>>25686524
no one gives a shit about Radix, their marketing sucks and they took forever to release anything.

>> No.25690519

>>25690421
Avalanche is the third most decentralized chain currently behind BTC and ETH. Don't compare Avalanche to SOL or SRM, Avalanche serve the same vision that ETH and BTC whales believed in before they even became whales, And it's the only one who serve it while being exceptionally great.

>> No.25690531

>>25686715
who cares this will all benefit Avalanche as long as they are building and using it.

>> No.25690544

pls stop i want to buy more and this shit dont stop pumping

>> No.25690551

>>25688260
>Avalanche has nothing special going for it
it's a new consensus dumbfuck. it's very superior than algo.

>> No.25690638

>>25690519
No it isnt lol there are like 20 20xx chains like dedcred out there but not the point I acually wish fucking avalanche best or would if narrative wasnt : "defi will port to avax so fast" and that shit is pushed by fucking devs

As non tech illiterate user of defi and not shitcoin peddler like most of you: thats just scammy AF

>> No.25690714

>>25690638
>decred
276 active nodes...
avax: 691 nodes

>> No.25690759

Cosmos - Has a pretty sick ecosystem, Thorchain + Luna projects are taking flight. Hub + ICM is sick.

Solana - Also pretty sick, it prioritises for speed and lot latency on layer 1 enabling DeFi apps that need it + provides composability. The next big derivatives project will likely be on Solana and that is the last 100 bagger.

Polkadot - Not alot to see without parachain deployment. Skeptical of tokenconomics.

Avalanche seems to have no traction and external projects built on it.

Solana is a must have. Cosmos also good to have.

>> No.25690844

>>25690429
yes, I wrote a solidity contract, mined it on a gtx 1070, why?
mind you, I should have bought a lot more when it was 14 dollars in 2016 but oh well

>> No.25690957
File: 792 KB, 1440x671, we_pumpin.png [View same] [iqdb] [saucenao] [google]
25690957

What are some other novel consensus algorithms which dont suck donkey balls and are a complete scam like IOTA?

My list according to when I discovered them is

Byteball (novel consensus, like DPoS but trx fees are stake instead of actual stake)
Algorand (VRFs)
NKN (realized its flaw early on)
Avalanche (Snowball snowflake)
Polkadot (grandpa)

>> No.25690963

>>25690759
you need too much specs to run a sol node

>> No.25690995

>>25690957
wrong. avalanche is the only novel consensus out there
https://medium.com/avalanche-hub/avalanche-consensus-the-biggest-breakthrough-since-nakamoto-66e9917fd656

>> No.25691011

I was going to go all in on ALGO, until I found out that they're doing a lot of faggotry around 'super staking' and whatnot, most of which is not for plebs. Also the relay nodes are on a 'whitelist' basis which is utterly gay.

AVAX seems to have a lot going for it and the EVM compatability is a huge plus.

All in AVAX. - Oh, also the train is leaving on thsi one. Like... now.

>> No.25691014

>>25690759
good insights.

I remain on the fence for AVAX and DOT too we will have to wait and see.

>> No.25691222
File: 143 KB, 2274x582, Get in.jpg [View same] [iqdb] [saucenao] [google]
25691222

Ship is departing.

>> No.25691233

>>25686446
Yeah

>> No.25691338
File: 94 KB, 1591x627, Soonn.jpg [View same] [iqdb] [saucenao] [google]
25691338

>> No.25691348

>>25690844
yeah but have you used major ethereum dapps like aave, yearn etc.?

saying "defi dapp coins" makes you sound like you don't know what you're talking about

>> No.25691439

>>25691011
AVAX at 20k sats before EOW

>> No.25691620

reminder that even if AVAX does a 10x it's still well below cardano, polkadot etc. in market cap

despite being superior

this is a layup. easiest money you'll get. like buying link at $0.2 or GRT at $0.1

>> No.25691669

>>25690759
Tell me more about Solana
What consensus they use? What lang their node written in?
>>25691348
> using ethereum dapps
he actually swallows his own dogfood instead of making money
no but seriously, eth is unbearable sometimes I member cryptokittens, and used one of the earliest decent markets for ico tokens.

the unusability of eth during congestion is why there is much much much more room for both AVAX and Algo fags to live long and prosper

1 AVAX @ 199 usd would be just 143B marketcap just like todays ETH and we all know ETH is a 10k 1T coin

1 AVAX being 5usd today is exactly like buying 1eth in 2016

>> No.25691840

>>25691439
I've got a stack of 3,700

I'm prolly gonna lock them up staking for a year, so I don't paper hand.

>> No.25692002

>>25690995
What's the difference between Avalance and Hashgraph then? Both rely on gossip consensus mechanism?

>> No.25692226

fuck, biztards have caught up... no wonder its pumping

>> No.25692262

>>25686561
Yeah Fantom already made their own version of uniswap and a synth market. It doesn’t matter though, neither Avax or Fantom are going anywhere until independent devs start building on their tech. At least Fantom has Andre Cronje involved, don’t really know what this avax shitcoin has going for it

>> No.25692311

>>25692002
hashgraph is closed-source. imagine thinking closed-source is the future in 2021.

>> No.25692317
File: 21 KB, 796x473, avax.png [View same] [iqdb] [saucenao] [google]
25692317

Those bags must be getting heavy.

>> No.25692367
File: 56 KB, 1417x631, Staking.jpg [View same] [iqdb] [saucenao] [google]
25692367

70% of supply locked up in staking as well btw.

>> No.25692859

>>25692317
ICO was $0.5

It briefly traded at an ATH of $7 on the day of release before crabbing in the $3-$4 region

mast majority of buyers, including me, are in profit

I bought 10k in the ICO at $0.5, another 5k yesterday at $4.5, and another 5k today at $5

>> No.25693020

>>25690759
Avax is the youngest among them. But they go after more important things like ILO and bridging possibly the whole Ethereum ecosystems acting sort of layer 0.

Also all the platforms you listed are centralized hence have no long term prospect in this space, You should've already know that.

>> No.25693060

>>25692367
avax will be a good store of value. i dont plan to sell any and will continually restake all my compounded gains. imagine selling for dirty fiat.

>> No.25693082

>>25690957
Algorand is decent but Avalanche took blockchains to a whole another level.

Rest are already irrelevant.

>> No.25693315

>>25691669
Dont be retarded and use the whole 720M as a measure to calculate MC. It'll take literally 100+ years to reach it if at all.

The 360M is much more sound and even this is inaccurate as we can go 2 full BTC halving cycles before the whole 360M will enter circulation.

Its closer 30B marketcap for 200$ in this cycle (21-22). Shouldn't be hard.

>> No.25693844

>>25691840
uck you i only have 150 of them
sell now faggot

avax is worthless you know it
centralized shitcoin

>> No.25693916

>>25692859
when was the ICO?

>> No.25694197
File: 35 KB, 742x620, avax stack.png [View same] [iqdb] [saucenao] [google]
25694197

>>25693844
this is my stack boyos, got some NFTs too but they not showing up for some reason unless some hax them.

>> No.25694339 [DELETED] 
File: 177 KB, 801x801, 1515059577741.jpg [View same] [iqdb] [saucenao] [google]
25694339

>>25694197
X-avax16tljqz3a0gfe3pxsdkjsjh3kvn395wy7e4dqt6
send avax gibs fren
send 2.033651086
then you will have a nice round number

>> No.25694551

>>25693844
>centralized shitcoin
one of the most decentralized out there retard.
>>25693916
summer 2020
you just had to run a testnet node for 2 weeks to receive 2000 avax for free. keep seething

>> No.25694582

>>25694339
can't i'm stuck staking them

>> No.25695173

>>25694197
I only have 450, but I guess that's good when this goes to $1000 soon.

>> No.25695281

>>25694551
> 2 weeks running a software to earn 10k today
disbelief

why do I always miss this shit, fuck my life

I read the fucking avalanche whitepaper when the first preview came out and said to myself "oh shit get in on this", then I forgot about it
why would they launch during summer man? it was a nice summer no fat people on the beaches

same with bitcoin read the whitepaper in 2009 "oh shit get in on this", then forgot about it and seethed until 2017

>> No.25695285

>>25695173
Not bad, keep staking and hold tight

>> No.25695316

Let's say AVAX has a nice 20x run over the next few months, or less, then it would only need another 10x run to be $1000. It's like buying Bitcoin in 2012 but you don't have as long because the market is much bigger for this asset class now.

>> No.25695484

>>25686446
it might be the one it might not be all I know is that the one platform coin that hasn't had price discovery is CKB

>> No.25695601

no one holds this scam except for Turk roaches

>> No.25695616

Where do you hear about new coins and new consensus algorithms? Where?

>> No.25695711
File: 30 KB, 960x960, 1560802247563.jpg [View same] [iqdb] [saucenao] [google]
25695711

>>25686446
>Polkadot has been hyped as fuck but as far as I can tell nothing is happening on it.

Wrong

>>25686485
>Cardano
>lmao centralized dogshit without smart contracts

Smart contracts are coming this Q1, so by march with ERC20 converters.

>Algorand
>Centralized shithole

What?

>> No.25695726

>>25695281
because when you were out partying, we were mastering the blockchain. when you were hitting the beach and living carefree I was FUDing the shit out of every avax thread before the ICO, saying it was a VC scam. those of us who knew couldn't believe a moron would post about the ICO before it happened.
So yeah, you had to pay attention.

>> No.25695741

>>25695601
Turks aren't roaches. But slavshits are.

>> No.25695748
File: 74 KB, 480x800, 1597613110580.jpg [View same] [iqdb] [saucenao] [google]
25695748

>>25695616
Your sister tells me about it after blowing mee. Boom, yes I just said that.

>> No.25695756

>>25687966
>>25688197
>other projects are doing that
wrong. dot, ada, radix, eth2 and others are all using a riced out version of nakamoto consensus. it's a bandaid solution. Anyone with a modicum of insight understands that. It doesn't mean it can't or won't work, but they are all trying to make nakamoto consensus do something it's not meant for. Avax is a very simple and clean alternative because of their gossip protocol (which also solves the latency issue that many alternatives have). That's just the basis too- there's more to consider in terms of features.
>EVM compatibility
>jurisdictionally compliant subnets
>slash-free staking
and much more

>> No.25695820

>>25695616
Have a look at their consensus algorithm. Seems so freaking simple: https://twitter.com/avalancheavax/status/1347193735927496706

>> No.25695864
File: 299 KB, 1080x2400, Screenshot_20210108-101125_Robinhood.jpg [View same] [iqdb] [saucenao] [google]
25695864

Fuck crypto lol

>> No.25695889

>>25686485
> Cosmos
>meme
horseshit, this coin is going to x50

>> No.25695972

>>25695616
you can check out how the Consensus algorithm works here too: https://tedyin.com/archive/snow-bft-demo/#/snow

It's what makes AVAX run so fast.

>> No.25696425

>>25686524
Yes.
>>25686705
Yes again.

>> No.25697349

price blew up today

>> No.25697420

This is ETH pre 2016 when it was under 5 bucks. I really think this will 1000x

>> No.25698206

>>25695820
do you have a better source than mother fucking twitter? I aint gonna run their javascript and allow them to invade my privacy just to play a video file

right now visiting that link just says "Oops something is broken" well you are twitter fuck you

>> No.25698309

I meant where do you people find these new developments in consensus algorithms, not just this specific one

Where do the autist consensus developers hang out on

>> No.25698410
File: 156 KB, 932x680, 1420203600831.jpg [View same] [iqdb] [saucenao] [google]
25698410

May 2020

Private Sale (Staking Round #1)

- Price: $0.50
- Vesting: 1 year
- Supply: 24.9M tokens

source: https://info.avax.network/#sale

This means people are ready to dump their AVAX bags on May 2021 for at least a x8.

Anon, don't buy in. Copy and paste this in every AVAX thread to save anons from being dumped on by the scammers.

>> No.25698483

>>25698410
How do we even know these private sales actually payed any amount of anything to receive these 24.9M AVAX?

>> No.25698825

>>25698483
We dont know for sure.

You just know that there are people waiting to dump 24.9M for AT LEAST 8x with today's price.

>> No.25698863

>>25698410
>dumping the future of crypto

>> No.25698894

>>25698825
no fuckin way. thats a scam
Im out fags

>> No.25698928

I lıke you Avalanche

>> No.25698946

>>25686636
Cardano is better than AVAX now and it won't even be close after Goguen. Also easier to move ETH projects too. Enjoy your hopium pajeet

>> No.25699026

>>25698946
how can it be easier than 2 clicks?

>> No.25699766

>>25698825
you idiot. the VAST majority of them won't dump, they'll stake or continue holding.

>> No.25699914

>>25698410
This is wrong.

Vesting is linear and not all at once. many of those tokens are already released.

>> No.25699945

>>25699914
>>25698825
>>25698410
also

the last vest for the first 3 months, there was no dump at all.

how do I know?

because I shorted ahead of the release and lost money

>> No.25700151

>>25695864
Are you genuinely autisitc? Why the fuck do you post this every single day, and in random crypto threads?

>> No.25700396

>>25698309
if you follow a few accounts on twitter you can get most of the important news
https://www.lopp.net/bitcoin-information/twitter.html
here's most of the bitcoin ones and from there you can just follow any retweets that aren't typical 80iq twitter garbage and you should be set

>> No.25700400

>>25686446
and yet

>> No.25700483
File: 188 KB, 1172x965, DYHcOqBVoAALG_G.jpg [View same] [iqdb] [saucenao] [google]
25700483

>>25698946
>cardano