Avalanche AVAX

[Anonymous No.52924093]

Emin Gün Sirer:
>Cornell CS Prof has been in crypto since BEFORE BTC (Karma2003)
>exCo Director of IC3 joined up with Ted Yin and invented Avalanche Consensus
>close partnership with the Chainlink team
>Vitalik endorses EGS & acknowledged Avalanche is a Breakthrough on par with BTC
>is for decentralization and Censorship resistance
>el33th4xor that farms gigabrains from top unis

Avalanche protocol:
>third consensus protocol after Nakamotos PoW & Classical
>basically consensus is reached by probabilistic sampling thousands of independent nodes over multiple rounds
>This is not repackaged shit with minimal tinkering here and there its a completely new type of Consensus Protocol
>4500+ REAL TPS (no bullshit tricks, batching, or centralized L2)
>can scale to MILLIONS of Validators while maintaining high tps & sub second finality
>highest Nakamoto coefficient
>Node hardware requirements are low
>Resists 51% attacks (would need 80%)

Tokenomics & Profit:
>hardcapped
>AVAX needed for staking on nodes & delegating to nodes
>needed to participate in governance of the network
>fees are burned (also when Subnets, Blockchains & other assets are created)
>9% APY + delegator reward% + Subnet Rewards
>only requirement to receive the rewards is 90% node uptime

Subnetworks:
>subnets can be launched on Avalanche with near infinite customization
>"Blockchain as a Service" to tokenize all the Assets in the World
>Chainlink Subnet is in the works but also 900 other subnets from gaming to finance to CBDCs to payment providers everything is possible on Avalanche
>AVAX node may be a member of many subnets & earn additional rewards from them all!

Full EVM support:
>All ETH infrastructure can work on AVAX out of the box
>C-Chain (EVM) Subnet is constantly improved
>C-Chain mirrored the best parts of the entire ETH ecosystem and improved on many ideas giving it all the TPS, scalability, speed and interoperability that it needs for the next stage

right now it trades for $11.93

[Anonymous No.52925106]

Wow not a single FUDbot post after 2 hours kek

Predictions on when avalabs is dropping EVM++

[Anonymous No.52925179]

>>52925106
We all know it’s gonna be next year. I’m guess Q2 on testnet or something. Also don’t think it will be ready until mangrove DB is ready too as that plays a big part.

[Anonymous No.52925208]

>>52925106
>>52925179
I‘m most hyped about all the New Subnets that are about to Launch.

[Anonymous No.52925310]

>>52925208
Man. I keep waiting but not seeing much. I’m assuming by end of Q1 we will have quite a few.

[Anonymous No.52925377]

>>52925179
At this point it'll probably be a summit announcement I think.

>>52925208
I think there'll be a big narrative shift once a bunch start coming online. I'm very interested to see the full launch of inter subnet communication and details of their approach.

[Anonymous No.52925417]

>>52925106
beep boop beep AVAX legit project down 90%

[Anonymous No.52925910]

>>52925377
>the full launch of inter subnet communication
probably in one of the next updates. 1.9.4 did some prepwork for it.

[Anonymous No.52925965]

>>52924093
Avaxjeet thread #1000 and counting

[Anonymous No.52926045]

>>52925965
and there will be 1000 more.

[Anonymous No.52926230]

Any big brain guesses how inter subnet communication will work? We know it will use the P-Chain, right?

[Anonymous No.52926264]

>>52926230
And BLS

[Anonymous No.52926365]

>>52926230
My impression from the limited amount they've said is that the actual messages themselves are not passed through the P-chain, they go subnet to subnet using the BLS signatures so that the nodes in one subnet have a single key that they sign messages with but reference the subnet membership stored in the P-Chain when generating those keys.

[Anonymous No.52927484]

bump

[Anonymous No.52927704]

Literal ghostchain

[Anonymous No.52928374]

>>52924093
This image is nostalgic for me, it was used for the very first Avalanche thread I opened in 2020. Bought this bad boy at $3 and sold at $60, $147, and $120 twice. This coin and it's amazing tech literally brought me from 5 figure hell to 7 figure hell. What a ride.

[Anonymous No.52928395]

>>52924093
>>52928374
This thread is also nostalgic for me as there's actually some intelligent discussion here just like back in the 2020 / early 2021 days. This is before the brown hands came and fucked every thread up with their scams and insecurity.

[Anonymous No.52928468]

>>52928374
Congrats fren, I'm jelly I wish I had found AVAX in 2020, my first buy was in Jan 2021 just before the first big pump. I dream of $3 AVAX.

[Anonymous No.52928602]

>>52928374
>>52928468
Lucky fellas. My average buy price is $22 haha. I'm trying to DCA it down.

[Anonymous No.52929021]

>>52928374
>This image is nostalgic for me
for me its pic related

[Anonymous No.52929029]

>>52928468
Jan 2021 is still pretty good!

[Anonymous No.52929033]

spin that meat gyro

[Anonymous No.52929043]

Any guesses on what the first big announcement will be? Think they may have some more things before EOY. I’m thinking Activision partnership.

[Anonymous No.52929118]

keep coping about your dead shitchain niggers

[Anonymous No.52929147]

>>52929029
Are you still all in AVAX?

[Anonymous No.52929180]

>>52929147
Yeah, I went all back in around and average of $11.5 in November.

[Anonymous No.52929193]

>>52929147
>>52929180
I should say that my last sell was at $100 in April. Not bad to sell at $100 and get back in at $11.5.

[Anonymous No.52929456]

>Bought stack at $3
>Barely sold any over $100
It's over for me bros

[Anonymous No.52929489]

>>52929456
>1% of tokens owned by kyle roche
If you love avax at $10
You'll love it at $1

[Anonymous No.52929696]

I am buying $250 of avax every week for the next 12 months

[Anonymous No.52929730]

>>52929456
It depends on if you're patient or if you're retarded I guess.

[Anonymous No.52929867]

>>52929489
He's the lawyer who doubleminted a block, right?
>>52929730
What if i'm both?

[Anonymous No.52930132]

>>52929118
mETHead detected

[Anonymous No.52930773]

my avax stays ballsacks