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/biz/ - Business & Finance

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53723058 No.53723058 [Reply] [Original]

take note, retards
i'm gonna break it down for you

>sharding (parachains aka dapp chains)
>any shard can flawlessly talk to each other thanks to xcm (only cross-shard communication protocol already working)
>roll-ups can be understood as poor man's parachain
>shared security and canary network from the ground up, not some made-up thing for illiterate people like """interchain security""" (lmao)
>can scale infinitely thanks to nested relay chains (think of beacon chains on top of more beacon chains in a fractal fashion)
>#1 considering nakamoto coefficient for proof of stake networks, only bitcoin is more decentralized
>#1 in current developer activity and only second to ethereum overall (~2,000 vs ~1,000 full-time developers and catching-up)
>fastest growing developer community
>most institutional money only second to bitcoin and ethereum
>#1 for net staking rewards after adjusted for inflation
>software, not a security

what else do you need?

>muh, auctions: anyone will be able to pay for block space on demand thanks to parathreads
>muh, tvl: first parachains just launched in oct/nov 2021 just before bear market

>> No.53723098
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53723098

facts
this + kusama (~300)

>> No.53723141
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53723141

facts
>muh, inflation: 7%, easily set-off with staking rewards
bitcoin inflation? almost 2% being storage of value
WHY WOULD A PLATFORM THAT DERIVES ITS VALUE FROM BEING USED BE DEFLATIONARY?

>> No.53723143

Obviously some of the best tech in the space.

However the price action sucks dicks. I mean what are the chances this ever hits $25 again nevermind a new ATH?

>> No.53723220
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53723220

>>53723141
*off-set, i'm dyslexic
facts: https://www.developerreport.com/

>> No.53723326

thanks for tickling my confirmation bias

>> No.53723331

>>53723143
100%? all the infrastructure is almost done

>> No.53723379
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53723379

Coinmetro thread?

>> No.53723453

KSM is dead and so is DOT.

>> No.53723563
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53723563

>>53723453
sure rakesh keep holding a 5/8 multisig """coin"""
source: messari