/biz/ - Business & Finance

[Anonymous No.49705385]

hey nigger, I have AVAX

[Anonymous No.49706585]

>implying i want to take dating advice from an actual troon

[Anonymous No.49707482]

>>49705385
can u explain to me what it is in 2 sentences, i might buy a couple K for the luz since its top 20

[Anonymous No.49707539]

Still sidelined with my Tetherinos, plan on buying if it dumps below 12

[Anonymous No.49708269]

>>49707482
There are only two legitimate distributed consensus technologies, Nakamoto(BTC) and Avalanche. AVAX is the combination of Cosmos/Polkadot style architecture with this new consensus technology.

[Anonymous No.49708855]

AVAX is not one, but two leaps forward in design starting from its foundation. It's the combination of horizontal heterogeneous architecture and the Avalanche consensus engine. The Avalanche consensus engine can scale consensus to millions of nodes, it is leaderless making it MEV immune, has subsecond finality, and has guaranteed absolute finality.
The core fundamental difference, or trade-off, between Nakamoto and Avalanche is that Nakamoto values liveness over finality, so while you are guaranteed that a block will eventually be mined, you aren't guaranteed that that block won't be discarded if another longer chain of blocks comes around. With Avalanche you get probabilistic liveness, but you are guaranteed that the block you see is truly final and there are no longer chains floating around that could potentially be doublespend attack. By trading absolute liveness for absolute finality you also, as a side-effect, remove leaderness, which naturally removes MEV. The removal of leaderness also changes the structure of consensus propagation meaning that N Avalanche validators scale finality time as log(N), which is similar to gossip protocols which are also leaderless. Nakamoto is leadered and has to spread out from a center node, so propagation is fundamentally slower. This means it's finality times scale at N*log(N) which means finality times will explode around 100+ nodes, far less than compared to Avalanche's 1,000,000 nodes.

[Anonymous No.49710128]

>>49708855
>>49708269
based

>>49707482
>can u explain to me what it is in 2 sentences
New Blockchain using a new Consensus Protocol giving instant finality, low fees and decentralization solving the trilemma.
Subnets are becoming to Blockchain what AWS is to the internet.