[ 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: 234 KB, 1474x1064, chrome_BeJFZqKrEy.jpg [View same] [iqdb] [saucenao] [google]
50232027 No.50232027 [Reply] [Original]

I've actually wasted some time watching the lex fridman podcast, it was pretty interesting.
I realize now that silvio is, truly... a massive scumbag.

Lex asked him how to achieve scalability and silvio instantly starts talking about how consensus is achieved on algorand. Instead of addressing the issue that blockspace is limited on a single chain system, he changes the subject and starts talking about his flavor of PoS. proof - [YouTube] Silvio Micali: Cryptocurrency, Blockchain, Algorand, Bitcoin & Ethereum | Lex Fridman Podcast #168 (embed)
To which Lex counters that it's actually not a good system but silvio says that it's better than monarchy, which is an absurd statement to make in a world where actually decentralized consensus exists, Proof of Work. This is why I think silvio is a deceiving snake.

But lex asks again and says, so scalability is achieved by [insert the nonsense silvio said] to which silvio replies that its scalable because the blocks are able to get created really fast. Within a second he says.
This is cool and all but this is not being able to scale, this is being scaled.
You can't make the blocktime on algorand faster, therefore you cannot scale the network if it gets more demand. The only thing left to do is to increase the blocksize.
So basically, Algo is literally BSV.
You guys might not like to hear this but it is pretty much fact. You can try using L2 but at that point just use ETH.
btw all of this is because silvio is a cryptographer and has no experience in scaling distributed systems or cloud engineering

It's really a bad system and I don't think it has a future at all.

>> No.50232038

link https://youtu.be/zNdhgOk4-fE?t=1036

>> No.50232091

>>50232027
NONE of these shitcoins have any future. they are only good for short term gain, also eth is 70% premined

>> No.50232158

>>50232027
>ALGO is literally BSV
>ALGO block time: 4.5 seconds
>BSV block time: >10 minutes

you are retarded beyond comprehension

>> No.50232166

>>50232091
Get out of my thread brainlet
>>50232158
>you are retarded beyond comprehension
Did you read a word of what I posted
Algo is big blocks, making them faster a la avax is literally the same thing as making them bigger

>> No.50232404

>>50232166
Dude. We know it’s a scam. They probably have a large marketing budget that targets biz. Silvio has the classic conman smile, there’s a tranny running the foundation. All algo does is spend exorbitant amounts of money on hiring big names, then paying schizos to flood biz. It’s the exact same recipe as xrp. 5% tech 95% marketing.

>> No.50232477

>>50232027
Fuck I'm all in xrp but your nigger fud thread makes me want to buy some algo

>> No.50232567

>>50232027
Isn't there an /algo/ - bagholder general?
After, gme, pmg, smg, xrp, xmr, lunc... this board is way stupider than I thought.
You can actually see why ribbit is so popular with brainlets, their ideas can't stand the test of open discussion so they need to create their safespace generals.

>> No.50232595

>>50232567
I don't think that 95% of people even understand the simple concept of blockspace so it's understandable that people fall for alternative L1s.
Not really comparable to XRP or LUNA where more than 50% realize the problem.

>> No.50233024
File: 350 KB, 523x859, CDA97D49-20C0-43EB-AB17-DA76C6A08544.jpg [View same] [iqdb] [saucenao] [google]
50233024

>So basically, Algo is literally BSV.
>You guys might not like to hear this but it is pretty much fact. You can try using L2 but at that point just use ETH.

>> No.50233103

>>50233024
You can't make the blocktime on algorand faster, therefore you cannot scale the network if it gets more demand. The only thing left to do is to increase the blocksize.
By doing so, it is baseially BSV.

>> No.50233450

>>50232027
I’m an Algo bag holder, 6k with roughly DCA of $1
I hate it. I want out. I want to break even. Fuck this coin and fuck the foundation.

>> No.50234189

>>50232158
https://satoshi.nakamotoinstitute.org/posts/bitcointalk/threads/114/#19

>> No.50234712

>>50234189
thanks, all I got from this thread is that Algorand already achieves what Bitcoin never could

>> No.50234973

>>50232027
can’t tell if troll or illiterate

>> No.50235479
File: 298 KB, 788x720, bnbased.png [View same] [iqdb] [saucenao] [google]
50235479

>>50232027
BNB is so comfy

>> No.50235512

>>50234973
Everything I posted is true

>> No.50235598

>>50232404
Algo give me 5 percent APY, my bank does not.

>> No.50235623

>>50235598
This apy is just inflation which everyone gets, so it basically gives you 0%

>> No.50235674

>>50235512
dude you watch jew podcast
you're the least qualified person to speak on any subject let alone subjects as advanced as blockchains

you provided zero logical arguments for why anything was "bad" just that it was "bad"
you're emotional, yes
but that's it

you literally think eth is a real coin
that's how far from reality you are
let me guess, you think bitcoin is the real bitcoin too

>> No.50235682

>>50235598
And tanks 60+% over the past year
Algo is dead

>> No.50235687

>>50235674
You can't make the blocktime on algorand faster, therefore you cannot scale the network if it gets more demand.

>> No.50235719

>>50235687
proof for your claims? cause right now you're spewing buzzwords saying things don't work and you look like a moron

>> No.50235833

>>50235719
>buzzwords
My guy I am using the simplest of blockchain terminologies.

A blockchain consists of blocks, each of them has a block gas limit, when the block is full, a fee market emerges so you can bid to get your shitty tx into the block.
The way new L1s try to scale is to either increase the block gas limit or to reduce the time until a new block gets voted on, block time.
Avax, Algorand, Solana, etc - All "scale" like this, problem is that this isn't a proper way to scale, it centralizes the system because you can't go sub second and have all the nodes in the world agree on the block, this is why algo pick 100 nodes to agree on the state.
Point here is that you can't make blocks faster than what they already are on those networks, this is a fundamental limit. So when all the blocks get filled up, fees will have to go up. Or the time you need to wait gets longer, one example is cardano, all blocks were full and people needed to wait a week for a swap.


This isn't "buzzwords".
The fact that you don't understand how blockchains work while calling other people moron is fucking insanity.

>> No.50236044

>>50235833
>Avax, Algorand, Solana, etc - All "scale" like this
why continue lying?
do all your points hinge on lies?

xrp has the fastest block creation time
should everyone buy xrp as it's the only one that can truly scale?

>> No.50236088

>>50236044
>xrp has the fastest block creation time
>should everyone buy xrp
What the fuck are you talking about, did you bother reading anything I wrote, I said that this is NOT a good way to scale, and it's a centralizing force, not just due to state growth. So It's a reason to not buy xrp.

ESL retard.

>why continue lying?
Explain how you think algorand scales, I'd be interested to hear your brainlet take

>> No.50236096

BUY XRP EVERYONE IT'S THE ONLY COIN THAT CAN SCALE
ONLY ONE THAT HAS FAST BLOCK CREATION TIME
THAT'S THE ONLY WAY THINGS SCALE IN BLOCKCHAIN (won't prove it cause can't)

>> No.50236118

>>50233103
> It is baseially
ESL retard spotted
Opinion disregarded

>> No.50236121
File: 25 KB, 387x135, file.png [View same] [iqdb] [saucenao] [google]
50236121

>>50236096
>THAT'S THE ONLY WAY THINGS SCALE IN BLOCKCHAIN
esl, algo holders are a different breed

>> No.50236126

>>50236088
you say
>You can't make the blocktime on algorand faster, therefore you cannot scale the network if it gets more demand.
therefore faster block creation time is how networks scale
>>50236088
>I said that this is NOT a good way to scale
then that?
weird

seems as though you have no real argument
also I made up the xrp part cause I knew you just invented shit off the top of your head
how's it feel being deceived, deceiver?

>> No.50236158

>>50236126
Wow you are dumb as fuck.

Focus
>Explain how you think algorand scales

>> No.50236200

>>50236158
spew more buzzwords retard
you have absolutely no idea what you're talking about and it's painfully apparent every time you invent shit to win an argument

not a single time have you provided proof for any of your opinions
you just change your stance as more information is learned

>> No.50236208

>>50236200
Explain how you think algorand scales

>> No.50236269

>>50236208
OP lost the plot now he's begging for someone to explain it to him

>> No.50236274

>>50236269
If you had a better argument you would have made one.
You can't argue for the fundamentals because you're not capable of actually examining them critically.

>> No.50236327

>>50236274
is this projection? you've yet to provide any proof for your claims a single time
keep watching those jewish podcast LMAO

>> No.50236348

>>50236327
>yet to provide any proof for your claims
>THAT'S THE ONLY WAY THINGS SCALE IN BLOCKCHAIN (won't prove it cause can't)
I said that it's not a good way to scale implying there are better scaling solutions.
What exactly do you want me to prove? You are retarded.

Explain how you think algorand scales

>> No.50236381

>>50236348
yeah you've offered low iq opinions without proof or substance
we all know

>> No.50236408

>>50236381
>prove that the thing you didn't say is true
You are out of your fucking mind. Stop trying to weave some narrative you simply didn't read what I actually wrote and went ballistic. It's fine, not everyone can read.

Explain how you think algorand scales.

>> No.50236446

>>50232027
Nice DD OP.
I've come to share more information. Algorand's grand scale was to over inflate the first decade of use and then cause a supply shock. If you follow their emissions schedule w/governance & yield rewards you'll see the curve.

Here is a great study done via a third party on these shitcoin inflation rates.
>https://academy.aax.com/en/a-critical-study-of-cardano-ada/#:~:text=As%20we%20can%20see%20from,upwards%20of%2015%25%20a%20year.

>> No.50236473
File: 144 KB, 881x928, d38053c6ef1073db9db0de9582172dd9.png [View same] [iqdb] [saucenao] [google]
50236473

>>50236446
Forgot pic.

>> No.50236489

>>50236408
this board isn't for regurgitating jewish podcasting and opinions
either back up your claims or fuck off

you've done nothing but talk about jew podcast and offer low iq opinions with no substance and absolutely no proof
this isn't my thread, it's yours
and you are a low iq retard who watches jewish podcast then thinks he can offer an opinion on any subject (while providing no proof)

https://www.youtube.com/watch?v=7NdjivxrDoc&t=648s
here's a video that offers real fud on algorand
and the guy actually backs up his claims (weird)

>> No.50236505

>>50236489
>prove that the thing you didn't say is true

>> No.50236541

>>50236505
another low iq response
what a waste of a thread

which coin are you invested in which offers "real" scalability? got anything?

>> No.50236553

>>50236446
Also, Micali has deals with Algo and MIT, kinda like how Charles has deals w/UWyoming (aka the state of Wyoming). I personally haven't looked into their academic "staking" but I'm sure there is a match via the state/university.
Which explains why these coins have held their value (not dumped) because their are legit slush federal funds tied into them.

>> No.50236573
File: 41 KB, 1200x790, bait3.jpg [View same] [iqdb] [saucenao] [google]
50236573

>>50236489
>>50236541
this is bait. Dont feed the troll

>> No.50236621

>>50232027
Lex fridman is one of the most brain dead idiots I have ever seen conduct a podcast.
I couldn’t sit thru one episode.
He asks the most child like questions and comes to the naïvest of conclusion. Also cuts of conversations when they start getting interesting and/or good.
Fuck that faggot retard child.

>> No.50236627

>>50236573
>can't answer
>reee he's trolling
if algorand has a scalability issue why is OP offering ETH as an alternative LMAO

>> No.50236644
File: 812 KB, 400x422, 1613753804145.gif [View same] [iqdb] [saucenao] [google]
50236644

>>50236541
Nigger you said I should prove that something I didn't say, is true. You have been asking me this whole time over and over again, and when I explain that I never said that making blocks faster is the only or a good way to scale, you just keep repeating the same shit like an insane person.

You still have not explained how you think algo scales, I have asked you multiple times.

You also keep talking about a podcast, I didn't watch it and am focusing on a single line that silvio said (the fact that he claims it scales because low blocktime), this has nothing to do with a podcast or jews.

I am more qualified to offer opinions on blockchain systems because I actually understand how they work. Changing parameters is not a scaling solution. This is a simple fact and I have explained multiple times why that is true.

>>50236621
Agree
>>50236627
Read my post, I said if you want to use L2 anyway, might as well use a secure base layer, ETH.
I don't like L2 or think ETH has a future but this is besides the point

>> No.50236672

>>50232027
>50% tokens locked up in rewards
>Avax supply is 42% given to insiders.
what. did a retard make this chart.

>> No.50236683

>>50236644
so you invent some issue
then your only suggestion for an alternative is an even worse crypto

and you think you're not a retard?
keep watching those jew podcast

>> No.50236686

>>50236627
What if I told you all PoS coins are a scam suckers that don't understand coin emissions?

There is a reason every defi coin (PoS token) that has staking, governance or w/e shtick fails.

>> No.50236691

>>50236621
Conclusions / off ***

>> No.50236703

>>50236686
so you recommend xrp then?

>> No.50236707

>>50236683
>so you invent some issue
Algo can't scale and I explained why

>> No.50236725

over 50% of circulating supply locked up for governence.
price drops over 90% in 6 months.

what is a scam for $1 alex?
answer. the daily doble.

>> No.50236727

>>50236707
no you offered an opinion and never backed it up
still to this post
you've failed to do it
and you will continue to fail to do it

and you'll never offer any real alternative cause your opinions don't align with reality

>> No.50236749

>>50236727
Which one are we talking about
this >>50236121
or this >>50235833

>> No.50236796

>>50232027
All those old academia faggots like Silvio Micali and the other creepy face dude at Hedera are just opportunists pushed by VCs to create eth clones capitalizing on their name.
They don’t really care, they’ve already made their money with the ICO.
If you’re over 35 in crypto I simply won’t invest in you or your project because you’re obviously a greedy follower.

>> No.50236802

>>50236749
yes those are your opinions we've seen them
you've yet to offer and proof for your opinions or an alternative that doesn't have the same "issues"

strange how you can't see past your own delusions

>> No.50236838
File: 258 KB, 512x497, 1654222792758.png [View same] [iqdb] [saucenao] [google]
50236838

>>50236703
>so you recommend xrp then?
I never said that and that's quite a strawman.

>> No.50236841

>>50232027
the name is dead giveaway. "AlgoRUN!!!"

>> No.50236883

>>50236802
My only point here is that:
Algorand can't scale the base layer because it's block time is as low as it can get and the only other option is to make blocks bigger.
You can use L2 but at that point just use ETH.

This is literally all I am saying, I don't need to back it up because it's a simple fact not an opinion.

>> No.50236889

>>50236838
okay but xrp isn't proof of stake and doesn't have the same consensus methods as algo which you described as issues
why do you retards only offer random low iq fud on coins and never what's the actual better technology?

it's almost as if you guys truly know nothing
OP said algo has a scalability issue and then told people to buy eth which is currently experiencing a scalability issue where they need to launch an entire new eth 2.0 to fix

>> No.50236907

>>50236883
>algo has a scalability issue
>use a crypto that has worse scalability issues happening with it and way higher fees (from this exact issue)
do you see why people are calling you a retard?

>> No.50236959

>>50236889
Ripple can freeze Blockchain and mint new ripples (xrp) at will. It's actually TOO FAST that's another reason it can't work. You can't even mine it. It has a single use case, pay 1000 gigantic banks to partner with them to enrich themselves and Jed mccaleb off retails pockets. Nothing personnel kid.

>> No.50236965

>>50236907
"people" agree with me, it's you who is the retard.

you just said
>let's kick the can down the road! let's use this slightly more scalable network until it fills up and we end up where we started

>> No.50236978

>>50236959
I started to read your post but your first two points were blatant lies or ignorance of reality so I stopped
you'll never provide proof for those claims as you literally invented them in your mind

>> No.50237006

>>50236965
no that's what you are suggesting lol
eth can't scale
you recommend a coin that can't scale because you think another coin can't scale (which isn't true, just your low iq opinion)

>> No.50237041

>>50236978
Xrp is too fast and it only has one use case where speed is a priority. It can't work. You cripplers make no sense. Keep bag holding and making ripple rich off retail.

>> No.50237046

>>50237006
>which isn't true
Explain how you think algo can scale.
by god if you don't answer this I'm just closing this tab and go do something else

>> No.50237074

>>50237041
you lied and invented arguments and now you immediately reply thinking your opinion still matters
you're the crippled retard here

>> No.50237099

>>50237046
explain how eth can scale since you're recommending it as an alternative to a coin that "can't scale"

>> No.50237108

https://www.reddit.com/r/CryptoCurrency/comments/vu26qy/the_great_algo_mass_inflation_event_of_2021_the/

>> No.50237131

>>50237074
No there's literally a propaganda website dedicated to "deboonking" ripple "misconceptions". Xrpfudbingo which is ran by ripple. Just look at that website and believe the opposite there's all you need to know.

>> No.50237158

>>50237099
Explain how it scales nigger. Just do it.
But not for me, do it for the people itt, I'm leaving.

To answer your question.
Read >>50236644
Both eth and algo don't scale, so they will have to resort to L2, if you're doing that either way, use ETH for more security.
The fact I told you this multiple posts ago and you still asking me this question is clear evidence that you can't read and need to get your shit together bro.

It is what it is

>> No.50237177

>>50237131
that website isn't ran by ripple after a quick search
are you going to immediately reply again with another lie?
is this a bot?

>> No.50237199

>>50232404
Except XRP has NO TRANNIES.
cope more

>> No.50237205

>>50237158
>I'm leaving.
lol
cya retard

>algo can't scale so use a coin that factually can't scale and is experiencing insane runaway fees due to this issue!
you're actually a moron
keep watching jewish podcast, moron

>> No.50237206
File: 134 KB, 615x603, rt.png [View same] [iqdb] [saucenao] [google]
50237206

Algorand doesn’t even try to be a junkyard for shitty dapps and NFTs. Quality over quantity. It is secure, fast, and affordable as hell. And let’s remember it has never and ever experienced any downtime.

>> No.50237226

>>50237041
So are you telling me that it’s the best at what it does?
Which is transferring value?
Where do I buy XRP?
There’s a liquidity crisis looming and I want to get on the rocket ship before it launches to Mars.

>> No.50237242

>>50237177
Checked. Yes I'm a bot. Go back to xsg faggot. You're supposed to fud outside the fucking general.

>> No.50237261
File: 93 KB, 690x415, 1629367283993.jpg [View same] [iqdb] [saucenao] [google]
50237261

>>50237242
no you're supposed to FUD on reddit
retard

don't shit in your bed, monkey

>> No.50237315

>>50232595
XRP is literally just an intermediate between currencies.
What you are saying makes zero sense and the fact that people keep even mentioning XRP makes it seem like XRP fud is actually the point of the thread.
It literally never makes any claims other than fast and final.
Which both are true.

>> No.50237349

>>50237261
Spoonfeeding time is over. They had years. Not shitting in my own bed fuck /biz. These niggers unironically think pow works and eth will eventually scale. They think xrp is a security. Not my bed. Also why would you post on Reddit? that sounds miserable.

>> No.50237407

>>50237041
Lmao
Retards really think they can do it all with one operation.
XRP picked the most lucrative problem to solve and has done so.

>> No.50237477

Oh look another kadena shill thread.
Ok buddy lets see.
Mining equipment production 100% controlled by goldshell. Goldshell shipping miners directly to kadena team. Kda total premine is about 30% of the total supply and they been the only ones mining this shitcoin for a long time which makes them sit on pretty much half the supply at this point.
Your shitcoin will never pump again and you will never be a woman.

>> No.50237540
File: 755 KB, 235x177, penis.gif [View same] [iqdb] [saucenao] [google]
50237540

>>50232166
>le shitcoiner cope thread

>> No.50237707

>>50235687
>u wot
has to be a troll right?
>>50235833
>gas is an eth invention but assumes it applies to all chains
bruh did you read one eth whitepaper and assume you knew everything about blockchains. this is the most ignorant retarded garbage i've seen. you don't know the difference between pow and pos or even how they are architected or even what the tradeoffs are when adding scalability vs security vs decentralization to a distributed system. Security enforced through expensive computations hurts scalability. If a network is too decentrallized or has too many nodes you also have a performance/scale impact especially for updating a singular item as it has to propagate and be validated by every node.
https://www.youtube.com/watch?v=NykZ-ZSKkxM
learn you something

>> No.50237839

Algo is the future becuase the CEO is a tranny

>> No.50238201

>>50236883
Block time is currently 4.4 seconds. They plan to go down to 2.5 or so in the near future iirc. There is also room to grow txns per block, thus improving tps and finality. Should top out near 46,000 tps @ 2.5 sec block time

>> No.50238335
File: 170 KB, 360x346, 1616121693965.gif [View same] [iqdb] [saucenao] [google]
50238335

> OP is seething and sperging intensely
Pretty bullish

>> No.50238387

they had it good in when they first started out but then they cheaped out on the development
now theyre getting overrun but Hedera with hbar founation allocating more than half a billion for development kek

>> No.50238550

>>50236621
it can't be worse than tim ferriss

>> No.50238636

>>50236269
bro you lost lmao

>> No.50238896

>>50232038
don't watch cryptotube but gave this a go, is the interviewer on horse tranquilizers? why is he talking so ridiculously slow and he looks tired as fuck?

>> No.50239725
File: 137 KB, 1080x1080, q0zbojb4rxq01.jpg [View same] [iqdb] [saucenao] [google]
50239725

What are you defining as scalability? From what I understand, scalability in regards to blockchain is the ability for the network to quickly and effectively handle an increasing number transactions.

But lex asks again and says, so scalability is achieved by [insert the nonsense silvio said] to which silvio replies that its scalable because the blocks are able to get created really fast. Within a second he says. This is cool and all but this is not being able to scale, this is being scaled.

Given my definition of scalability above is correct, how do you measure a chain's ability to scale? Using TPS (transactions per second), or in other words, transaction speed. The need for consensus is the primary bottleneck to transaction speed and scalability.

You can't make the blocktime on algorand faster, therefore you cannot scale the network if it gets more demand. The only thing left to do is to increase the blocksize. Actually, Algorand has been researching making blocktime shorter to achieve the 46k TPS. Besides, there is more than one way to scale, and increasing the blocksize is just one of them.

So basically, Algo is literally BtcSV.

Not it's not, and for one key reason: the consensus mechanism. Algo and BtcSV use very different consensus mechanisms. The consensus mechanism is the most important part of blockchain.

>> No.50239877

>>50232027
Token not sneeded because cardano exists

>> No.50240426
File: 7 KB, 600x497, 1492830161746.png [View same] [iqdb] [saucenao] [google]
50240426

>>50232567
>conflating pmg with all the others shitcoin baggies generals
You are the stoopid here

>> No.50240521
File: 235 KB, 800x672, algoman.png [View same] [iqdb] [saucenao] [google]
50240521

ALGO will be the standard
heres the chairman of the SEC
https://www.youtube.com/watch?v=2D3SbYzzJLc&t=165s
2:35
45:39
also, mint your name as a domain before its too late

>> No.50240543
File: 49 KB, 601x469, Capture.png [View same] [iqdb] [saucenao] [google]
50240543

>>50239877
funny you say that

>> No.50240588

>DUDE BUY THE DEADLY VAX GLOBOHOMO PASSPORT CHAIN
No.

>> No.50240633 [DELETED] 

>>50240588
this is why you are going to stay poor. its sad, really

>> No.50240657

>>50240633
jk i have 10k algo and finna keep growing my bag over the next year or two

>> No.50241213

>>50240426
The only way to make it as a "precious metals trader" is to be a deals broker and signing contracts. You're not earning shit by holding it.
I knows what it takes and it need connections, I don't believe a second anyone on this basket weaving forum even has the beginning of one.

>> No.50241279

>>50232027
>state proofs opening liquidity doors
ngmi 2/10 fud

>> No.50241360

>>50239877
1 fucking tps bro, ONE

>> No.50241382

>>50241360
shit dude that's 3,600 per hour. that seems like more than enough because I don't know a single person who has ever done a single transaction on that shitchain, or ever will.

>> No.50241407

>>50232027
Ethereum is the only smart contract chain that's worth anything. BTC and Monero have their own claims to fame, and utility like chainlink has its value add, but yes of course algorand is fucking useless.

>> No.50242138
File: 1.28 MB, 1416x720, steaking.png [View same] [iqdb] [saucenao] [google]
50242138

who the fuck in their right mind would invest in a gook scam token like this?
who?

>> No.50242154

>>50241407
all those things are fine too.
they have their purpose and place.

captcha W4YR0M

>> No.50242419
File: 95 KB, 700x700, 1446436436436346.jpg [View same] [iqdb] [saucenao] [google]
50242419

>>50239725
>how do you measure a chain's ability to scale?
If it's able to scale without any limit, solana for example is not scalable it's SCALED.

>Actually, Algorand has been researching making blocktime shorter to achieve the 46k TPS. Besides, there is more than one way to scale, and increasing the blocksize is just one of them.
And solana claimed 700k tps over fiber, all claims that cannot happen.
I highly doubt that algo is able to handle 1k tps by the way, it will likely shit the bed at 1/10 of that.

>The consensus mechanism is the most important part of blockchain.
Incorrect, the most important part of a blockchain is the way it handles the way data is put on the chain. Basically the architecture of the chain. Everything else is secondary

>> No.50242468

Algo bros, this thread is so damn bullish it's insane. You can sense the fear. LFG!

>> No.50242954

>>50232567
there is a general up

>> No.50243446
File: 2.53 MB, 1600x1067, algorand_comfy_chadfolio_chill_steak_king.png [View same] [iqdb] [saucenao] [google]
50243446

i told you we were going to $3.00
i told you we were going back to 0.34
i'm telling you now we are going to $10.00

>> No.50243561
File: 53 KB, 471x519, file.png [View same] [iqdb] [saucenao] [google]
50243561

>>50237315

>> No.50243788
File: 184 KB, 986x1024, 1619164956486.jpg [View same] [iqdb] [saucenao] [google]
50243788

>> No.50244159

The FUD for XRP is that it's too fast lol. You can't make this up, the haters literally come out and say "it's just way superior to everything else, that's why it will fail".

>> No.50244177

when will everyone understand that the future is on polygon, matic will be powering a sustainable web3 economy through its carbon negative network

>> No.50244195

>>50244177
Hey Anthony don't forget to disclose that you're a seed investor

>> No.50244197

>>50244159
no one that matters is talking about xrp itt

>> No.50244213

>>50244197
>search xrp
>26 matches itt
is your point that we are on /biz/ and no one here matters anyway?

>> No.50244224

>>50244213
no one that matters is talking about xrp itt

>> No.50244371

>>50232027
>27 posts by this ID
The sheer effort of your FUD makes me so bullish, anon.
Well done.
Im getting a tax rebate, spanking it on 31 cent ALGO.
Thank you, retard.

>> No.50245107

>>50243446
When

>> No.50245442

OP is right, but ALGO will pump anyway. Its a clown market and all layer 1's will have thier time to shine. VC's always make a return in unregulated markets.

>> No.50245695

>>50232027
Never understood why you keep posting this image when over half of the current kadena supply is in the hands of VCs you mongoloid

>> No.50245721
File: 441 KB, 1044x869, coomer.png [View same] [iqdb] [saucenao] [google]
50245721

>>50244371
>spanking it on 31 cent ALGO

>> No.50246134

>>50232027
OP is correct
t. Solidity developer

>> No.50246299

Why would anyone pick ALGO over SOL? SOL is in beta and shits on algo while being back by king jew SBF and is the native L1 for usdc which will most probably be the USA's cbdc.

>> No.50246439

>>50232027
dude your feelings are irrelevant. if he's a devious snaking lying about his technology, don't you think someone would have pointed it out alraedy? Why don't you reference them.

That being said, when all is said and done, algorand is just one of many token platforms that people are free to build on. They currently make no money, pay no dividend, provide no tangible business value to any current corporation, outside of selling tokens to normies for USD. No reason this can't go to zero.