[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 4 KB, 449x111, ddad.png [View same] [iqdb] [saucenao] [google]
50018129 No.50018129 [Reply] [Original]

How does this happen? Tech centered. From 53 to 118. Doesn't make any fuckng sense.

>> No.50018150

>>50018129
>he thinks that crypto has to make sense

>> No.50018156

>>50018150
dog coins and literal scams performing better
what the actual fuck man

>> No.50018246

>>50018129
Oh, you mean the scalable L1 that isn't scalable and has nothing to show for itself?

Yeah that doesn't make any sense

>> No.50018261

>>50018246
how isn't it scalable? wdym has nothing to show for itself? tech is up and running.

>> No.50018324

>>50018261
Oh yeah? Show me mainnet, have wanted to access it for months yet whenever I questioned anyone about it, they'd either ignore me or I'd get banned

:)

>> No.50018374

>>50018324
wdym show me mainnet? its literally up, been up for a year maybe even more

>> No.50018425

>>50018374
Show me how I can access it! Prove me wrong

>> No.50018454

>>50018425
wdym access it?

>> No.50018473

>>50018454
Are you retarded?
How can I use mainnet and Kadena dApps lmao

The question not a single KDA owner can answer ahahahaha

Sell now

>> No.50018489

>>50018473
zelcore, xwallet, chainweb retard

>> No.50018593
File: 630 KB, 2260x1356, Scale.png [View same] [iqdb] [saucenao] [google]
50018593

>>50018246
>that isn't scalable


MAINNET WILL RELEASE in 2024 JUST WAIT

>> No.50018718

https://www.youtube.com/watch?v=t1leLdiwlSo

>> No.50018804

>>50018718
its revolutionary in its ability to scam retards promissing release for a year and holding 2 public sales

>> No.50018840

>>50018718
holy shit what the fuck is this, he's literally spewing nonsense, mentioned that kadex uses uniswap

>> No.50018867

oh my god https://youtu.be/S0ZD1KEqlkE

>> No.50018880

>>50018867
>245 views
how do you even find that shit

>> No.50018881

>kadena is a simple and secure way to transact with crypto including bitcoin
>partnered with Microsoft

>> No.50018893

>>50018880
don't ask me ask >>50018718

>what is pact as mentioned earlier kadena will also implement its own version of a state channel called pact pact also allows users to write their own plugins directly into the smart contract code and supports an expressive
DEAR GOD

>> No.50018897

>Tokenomics don't matter

When will you guys learn. Huge company preallocation plus miners constantly HAVING to dump to pay electricity and hardware costs.

>> No.50018909

>>50018893
>contract code and supports an expressive programming language that makes it easy to interact with ethereum virtual machine protocols
pact allows for EVM, very bullish

>> No.50018925
File: 18 KB, 637x588, 1589441139740.png [View same] [iqdb] [saucenao] [google]
50018925

some of the brightest minds in computer
science cryptography and blockchain with
the help of dr stuart haber and satoshi
nakamoto hidina is a fork of zenit which
is a fork of zcash which itself is a
fork of bitcoin making this project part
of an incredible pedigree spanning back
over a decade

>> No.50018962

>>50018246
This

>> No.50018999

>what if we just fragment a proof of work chain to pretend it can scale lol

>> No.50019010

>>50018999
>be google
>what if we just fragment a database to pretend it can scale lol

>> No.50019254

>>50018129
DERO is very better. This here Kadena trash is a massive jewish shitcone scam.

>> No.50019719

>>50018129
>>50018246
>>50018261
I believe it scales, but at a certain cost. My first issue with Kadena has nothing to do with scaling so I'll get this out of the way first. The high emissions are a turn-off. I can tolerate inflation but this is something else. The emission rates are as follows:

>Today (January 2021): 1.94M tokens/month
>In 5 years (January 2025): 1.69M tokens/month
https://medium.com/kadena-io/update-to-the-kadena-token-economic-model-21e1ec18f099

The next issue has somewhat to do with scaling. It's a consequence of the architecture of Chainweb. Cross-shard communications are done via Pact which burdens developers since smart contracts are already complicated. Consider the amount of hacks in Defi and how this would reflect on Kadena where developers will have to handle cross-shard communications on top of everything else.

>> No.50019779
File: 33 KB, 610x215, miners dumping.png [View same] [iqdb] [saucenao] [google]
50019779

>>50019719
You completely ignored what you were told in the last thread.
What is the alternative?
For devs to build and operate and L2 and bridges on top of this? No matter how you slice and dice it developing in a sharded environment is always easier than whatever the fuck the future of ETH is going to look like.

So this is a good thing.
Same with inflation, this is a good thing.
You are categorically wrong on both of your points.

>> No.50019805

To add to this, you don't have to scale your dapp if it doesn't see a lot of demand, perhaps you'll end up fine running on just one chain.
And if it does! then this means you make more money and can afford to pay someone to do it for you.
The same way you pay AWS for more resources, because you earn more = makes more sense to scale

>> No.50019859

>>50019719
>>50018129
>>50018246
>>50018261
Pact is an obscure language and it lack proper documentation. There is additionally a general lack of documentation with all things Kadena.

Another consequence of the Chainweb architecture is that every chain will have its own balance of KDA. I can however forgive this because it's no different from other L2 (eg. Arbitrum, Optimism, etc.) on Ethereum.

Everything I wrote are relatively small issues so far. What bothers me most is that Chainweb can't achieve full atomic composability and I don't know if it's enough for Defi. Asynchronous composability can lead to orphaned blocks/atomicity failure when chains encounter forks. See picrel.

Block confirmation time is ~2 minutes which despite being 3 minutes shorter than on Ethereum, still leaves the door wide open for frontrunning and MeV.

https://www.kdaresearch.info/general-topics/chainweb/blocktime

More on MeV:
https://www.paradigm.xyz/2020/08/ethereum-is-a-dark-forest

>> No.50019894
File: 58 KB, 407x347, file.png [View same] [iqdb] [saucenao] [google]
50019894

>>50019859
>Block confirmation time is ~2 minutes
It's 30s per chain
>MEV
pic

>> No.50019925
File: 64 KB, 854x203, file.png [View same] [iqdb] [saucenao] [google]
50019925

better pic

>> No.50019935

>>50018129
The same way DOGE and SHIB survive?

>> No.50020028
File: 30 KB, 526x344, chrome_LeiBfAby6x.png [View same] [iqdb] [saucenao] [google]
50020028

>>50019859
>Block confirmation

>> No.50020046

>>50019894
Block time and block confirmation time is different. Block confirmation time is vague but you most likely encountered it and varies from app to app. It's the amount of additional blocks needed to give confidence that the block which concerns you is irreversible. I guess it's subjective. Can you address the other issues? I'm genuinely curious about Kadena and Chainweb in general. My biggest concern is the lack of synchronous composability which happens to be very important in Defi.

>> No.50020074

>>50020046
see >>50020028
Network wide Block confirmation approaches 30s the more chains are added. Math is really quite impressive.
>biggest concern is the lack of synchronous composability
No scalable platform will ever have cross chain synchronous composability, if any blockchain solved that it wouldn't be an ETH killer it would be a Google killer

>> No.50020081
File: 42 KB, 1081x819, shards.png [View same] [iqdb] [saucenao] [google]
50020081

I don't like Near but their documentation aptly describes the problem of asynchronous composability.

>Asynchronous: a cross-shard transaction that affects multiple shards is executed in those shards asynchronously, the “Credit” shard executing its half once it has sufficient evidence that the “Debit” shard has executed its portion. This approach tends to be more prevalent due to its simplicity and ease of coordination. This system is today proposed in Cosmos, Ethereum Serenity, Near, Kadena, and others. A problem with this approach lies in that if blocks are produced independently, there’s a nonzero chance that one of the multiple blocks will be orphaned, thus making the transaction only partially applied. Consider figure 2 that depicts two shards both of which encountered a fork, and a cross-shard transaction that was recorded in blocks A and X’ correspondingly. If the chains A-B and V’-X’-Y’-Z’ end up being canonical in the corresponding shards, the transaction is fully finalized. If A’-B’-C’-D’ and V-X become canonical, then the transaction is fully abandoned, which is acceptable. But if, for example, A-B and V-X become canonical, then one part of the transaction is finalized and one is abandoned, creating an atomicity failure. We will cover how this problem is addressed in proposed protocols in the second part, when covering changes to the fork-choice rules and consensus algorithms proposed for sharded protocols.
https://near.org/papers/nightshade/

>> No.50020090

>>50020081
Glad you mentioned near, read this you will love it
https://www.kdaresearch.info/other-crypto-projects/near
It's about the very thing you mentioned

>> No.50020108

>>50018489
hes just saying retarded shit to turn newfags off to this one
classic trick used to fud coins that large parties (exchanges and the like) are accumulating

>> No.50020111
File: 1.50 MB, 965x5143, file.png [View same] [iqdb] [saucenao] [google]
50020111

I could just post the image

>> No.50020144

>>50020090
Near is garbage, I never debated this lol. I'm just wondering how Defi can happen on a protocol that has no synchronous composability. Things tend to break otherwise (eg. orphaned blocks, atomicity failure, partial transactions, etc.) You can't have that in Defi...

Is Kaddex working by the way? I'd have to watch it closely to see how things evolve.

>> No.50020155

>>50018129
Because it's a scam. Check out Radix.

>> No.50020159

>>50020074
you are starting to get it
now get your bags packed
you may have to wait awhile for the market to catch on though

>> No.50020163

>>50020144
Did you read the thing, you really should it's pretty interesting.
Yes we have dapps working but none of them are cross chain, well, the KDA token is a cross chain dapp so technically..

>> No.50020258

>>50020074
>No scalable platform will ever have cross chain synchronous composability,
I want your reasoning for this.

>> No.50020287

>>50020258
see >>50020111

>> No.50020346

>>50018261
I sold when I saw the CEO begging people not to stress test the network in TG or it would fall apart. A few weeks later I saw ICP stress testing and doing around 250k tps so I bought that and have been DCAing since the beginning of the bullrun

>> No.50020358

>>50020346
Bear run*

>> No.50020490

>>50020287
Can you tell me in your own words why no scalable system will ever support cross-chain synchronous composability?

>> No.50021080

>>50020490
To scale you need to be truly sharded, this means in a way that fundamentally prevents cross-chain synchronous composability.
This is not a problem, no other system has that. Google doesn't, Amazon doesn't. So Crypto needs to realize that their best shot is to simply lower the overhead of those transactions.
You could also just read the thing and see an expert talk about it

>> No.50021139

>>50021080
>To scale you need to be truly sharded, this means in a way that fundamentally prevents cross-chain synchronous composability
How does cross-chain synchronous composability preclude a system from being "truly sharded"?

>> No.50021153

>>50021139
Truly sharded would mean fully partitioned

>> No.50021168

>>50021153
Please answer the question.

>> No.50021195

>>50021168
No because what you're doing here is avoiding the hard problem of engaging with >>50020111 and instead try to get me to argue with you so you have an easier time shitposting.
Complete waste of time, read the image and explain how it's wrong.

If you can't do that there is no point in even talking to you.

>> No.50021260

>>50021195
Exactly where in that collage about Near is the claim that "no scalable platform will ever support cross-chain synchronous composability" supported?

>> No.50021278

>>50021260
middle, "that said such an advanced...

>> No.50021363

>>50021278
That paragraph is talking about the configuration of Near's execution environment, not cross-chain synchronous composability.

>> No.50021387

semantics

>> No.50021416

>>50020155
first came mtv, then radix, who's next to die in a fire

>> No.50021625

>>50018129
POW is less attractive because the longer you hold, the less % you own.

PoW isn’t eco friendly meme

Biggest hype train was the dex that has been delayed for months on end

Kda is a nightmare to build on (I’ve tried) and the resources are limited.

>> No.50021857

>>50018129
Kadena is one of my favourite layer 1's as well as moonbeam, moonriver, qanplatform.
I think they will move up again when they bring something innovative again. I'm expecting the same for qanplatform when they release their virtual machine and mainnet.

>> No.50022061
File: 89 KB, 640x640, 1588962379198.jpg [View same] [iqdb] [saucenao] [google]
50022061

Where then fuck is mainnet

>> No.50022522

they're hiring to double their headcount. in a bear market. pay attention people

>> No.50022754

>>50021416
Radix is nine year old vaporware anon

>> No.50022901

>>50018129
You aren't as smart as you think you are
lol lmao

>> No.50023152
File: 156 KB, 900x1200, kda kadena fud literal trannies.jpg [View same] [iqdb] [saucenao] [google]
50023152

>>50018593
>>50018925
>zcash
>incredible pedigree

>> No.50023191

>>50018129
Your terrible shills and threads are counterproductive

>> No.50023805

>>50022754
i think we're saying similar things

>> No.50024543

>>50021387
They are two entirely different things, it is not merely semantic, it is fundamental. Given its irrelevance, I think that you used that collage as a red herring in a feeble bid to shield your position from scrutiny, and that your earlier refusal to engage >>50021195 signals an inability, and not an unwillingness, to justify yourself.

>> No.50024594

are my kadenas gonna stay babena?

>> No.50025297

I quit this thread. You withering before simple Socratic questioning reminded me why I considered you unworthy of my time.

>> No.50025456

>>50025297
When you stopped putting effort into your shitposts I got bored.

>> No.50027275
File: 18 KB, 495x362, AAAAAAAAAH.jpg [View same] [iqdb] [saucenao] [google]
50027275

WASTED AND WOUNDEEEEEEEEEEEEEEEEEEEEEEEEEEEEDDDDDDDDDDDDD

>> No.50027433

this must be the greatest scam of all time

>> No.50027720

>>50018129
sisters…