avalanche will be the only L1 remaining soon

[Anonymous No.54358324]

might be the
good coin
>"Avalanche (AVAX) recently partnered with Alibaba Cloud to offer Node-as-a-Service, allowing users to launch validator nodes and access computing, storage, and distribution resources through Alibaba Cloud’’s suite of products in Asia."

>"Ava Labs (AVAX) and Amazon Web Services (AWS) recently announced a strategic partnership to accelerate enterprise, institutional, and government adoption of blockchain applications."

[Anonymous No.54358716]

large web service corps want their own permissioned sidechains, so that effectively narrows their choice of protocol down to Cosmos or AVAX. all this really proves is that AVAX > ATOM as an institutional on-ramp.

[Anonymous No.54358726]

>>54358324
i like avax tech but the price action is complete garbage. i sold all my avax last month and already 2.5x'd on small caps.

[Anonymous No.54358748]

>>54358726
Means its undervalued. You buy things like that, not sell them...typical biz brain

[Anonymous No.54358770]

Bitboy said it's shit, so I just dumped everything

[Anonymous No.54358814]

>>54358324
Nah fantom will

[Anonymous No.54358816]

>>54358748
didnt you read the part where im up 2.5x since i sold my avax?

[Anonymous No.54358895]

>>54358726
I only own BTC/ETH and a few mid caps. small caps are basically gambling unless you have good technical knowledge and and understand the tokenomics. even then it's still gambling. good job getting 2.5x though.

>>54358814
a schizo once told me that FTM runs on stolen code. pretty damning allegations and no response from the devs.

[Anonymous No.54358949]

>>54358814
READ MONKEY READ
literally said avax already partnered w amazon and alibaba
>ftm
kek

[Anonymous No.54359253]

>>54358324
Oh look another A-VAX thread, surely this isn't a paid campaign.

[Anonymous No.54359623]

>>54359253
>Oh look another A-VAX thread, surely this isn't a paid campaign.

[Anonymous No.54359641]

>>54358716
for the moment they all seem to use corda and hyperledger

[Anonymous No.54359643]

Every AVAX shill is a grassroots community marketer who gets paid in AVAX to do it. They reply to themselves with different IDs and create lots of fake interest and discussion. If you browse /biz/ for a few days you'll see how inorganic all of this is. Their objective is to make you buy AVAX, hold it and maybe even stake it (for a negative inflation adjusted yield, which they will lie about). They will manipulate you with hope, technojargon, AI waifus and dreams of riches while getting paid by higher-ups who slowly dump on retail with the tokens they created for themselves for free. Go look at EOSETH chart and read about the history of EOS. This is the exact same scam all over again for newfags like you who don't know how this works. Don't fall for it, they are masters at manipulating.

Inflation numbers:
Circulating supply Jan 27 2022: 244,852,769
https://web.archive.org/web/20220127152152/https://www.coingecko.com/en/coins/avalanche

Circulating supply Jan 27 2023: 314,771,897
https://web.archive.org/web/20230127081851/https://www.coingecko.com/en/coins/avalanche

(314,771,897 - 244,852,769) / 244,852,769 = 0.2856 = 29%

[Anonymous No.54359688]

>>54358324
Theyre all trying to destroy avax cuz avax is such a great fucking chain and those Jews are afraid. Make sure you buy some avax. Please use this referral code (GOATFUCKER22) so you can support your favorite avax shill/fudder. You’ll get a layer2 goat airdropped from JOE himself in his old b2 bomber. Also don’t forget to like and subscribe. Make sure you hit that bell on the way out so get notified on the latest avax information.
Don’t forget to buy avax it’s the best chain around, never has been hacked, and never crashed before

[Anonymous No.54359747]

>>54359688
>and never crashed before
This kill the roach

[Anonymous No.54361501]

>>54359747
this was just due to the upgrade and changing to snowman++. not a fundamental problem like solana or matic

[Anonymous No.54361597]

>>54358324
You’re shitchain is down again you fucking loli trading, basement dwelling faggots

[Anonymous No.54361604]

>>54361501
Fucking you retard. Cope more

[Anonymous No.54361612]

>>54361597
NOOOOO BUT WHAT ABOUT MY GOOOAAATTTS

[Anonymous No.54361618]

>>54358324
yep Avalanche is the future and the only coin to Survive the regulations, its also the best Technology in the entire Space.
all other shitcoins go to Zero.

[Anonymous No.54361681]

It's going to replace ETH or BTC. So what's the use case?

Does it fair well against ICP, Algorand and Solana?

[Anonymous No.54361809]

>>54361604
>Fucking you retard

[Anonymous No.54361887]

>>54361681
>So what's the use case?
tokenizing all the assets in the world and low cost oracle subnets.
its also the only protocol with Sub Second Finality and Subnets that can run any VM.

[Anonymous No.54361944]

>>54361887
>tokenizing all the assets in the world
How? It can't even host a website kek!

[Anonymous No.54362108]

>>54361501
>changing to snowman++
I'm still sad they have abandoned their revolutionary Avalanche Consensus. I hope it can come back one day.

[Anonymous No.54362216]

>>54361944
>website not needed
>>54362108
Snow is the protocol family that is revolutionary, avalanche consensus is just the DAG application of it.

[Anonymous No.54362230]

>>54361944
>How?
Subnets are fully customizable and can run any virtual machine.
>muh web hosting
not as important of a usecase as tokenizing assets, will eventually be build on Avalanche too.

[Anonymous No.54362245]

>>54358324
When I worked there and I saw all the backdoor dealing they did, paid shills bribed partnerships etc, I thought it was bearish but now I see this is necessary to survive in this cutthroat industry. Wishing my old frens at Ava Labs well.

[Anonymous No.54362275]

>>54361887

> tokenizing all the assets in the world and low cost oracle subnets.
> its also the only protocol with Sub Second Finality and Subnets that can run any VM.

Yes, those are not use cases though, those are features and mechanics.

Why would it replace;

ETH (now solidifying as a store of value due to layer 2 solutions)
BTC (a dominate store of value)

as a dominate blockchain?

That is the question I ask when I see these new projects release.

> Our blockchain is superior, it goes x amount of tps and has contracts and virtual machine.

This is all something layer 2 solutions solve on ETH and BTC

[Anonymous No.54362282]

>>54362216
>>54362230
You niggers didn't answer my question. How is it going to tokenize anything or lead the world's finances if IT CAN'T HOST A WEBSITE IN 2023 KEK!
Muh subnets and nodes blah blah blah that doesn't answer my question. And why is it hosted by AWS and other cloud services?

[Anonymous No.54362296]

>>54358716
I think both will end up doing well. I remember Emin spoke fondly of Cosmos before.

[Anonymous No.54362298]

>>54362282
Please stop posting in Avalanche threads already, Icypeepee jeet. You're just reposting the same low IQ "BUT IT CAN'T HOST WEBSITES!" shit ad nauseam.

[Anonymous No.54362320]

>>54362298
>Please stop posting in Avalanche threads
Please stop you simply have to buy into our scam without asking questions, just trust us ok??
>You're just reposting the same low IQ "BUT IT CAN'T HOST WEBSITES!"
It's such a low IQ question that you cant simply answer.

[Anonymous No.54362483]

>>54362108
snowman is the ordered linear (non-DAG) blockchain implementation of Avalanche consensus that the p-chain and c-chain have used since mainnet launch. they decided to linearize the x-chain from DAG to non-DAG by changing its consensus protocol to what the c and p chains are using.

[Anonymous No.54362617]

>>54362282
Do you think the NASDAQ servers also perform webhosting? kek

[Anonymous No.54362684]

For me nothing beats the tech, which is my I'm more into MultiversX.
>its market growth, adoption, and many improvements are proof of even greater developments in the future, and it's partnership with holoride to integrate VR experiences in cars, still remains the first of it's kind.

[Anonymous No.54362702]

>>54362617
>But my car can't host websites as well
This is how stupid you sound. If you can't explain how are you going to tokenize everything without even being able to host a website just shut up

[Anonymous No.54362804]

>>54362702
IDK why you think hosting websites is a challenge kek. A subnet's nodes can host all their js frontend stuff too if they have the hardware and bandwidth for it. It just isn't particularly useful or valuable at this point in time.

[Anonymous No.54362837]

>>54358324
If you really think Avalanche can remove Ethereum you are a moron. There are much better Layer1 projects that can offer more unique things to people. For example coding in any lang.

[Anonymous No.54362867]

>>54362804
>IDK why you think hosting websites is a challenge
Well if it isn't a challenge and you can't do it imagine when you face a real challenge

[Anonymous No.54362981]

>>54362867
> A subnet's nodes can host all their js frontend stuff too if they have the hardware and bandwidth for it
learn2read
I know you're being a retarded troll, but X and C chains are optimized for transactions of tokenized assets. That's their job and purpose. Not hosting websites "on-chain" or some such nonsense. But when all you have is a hammer everything looks like a nail

[Anonymous No.54363181]

>>54362981
learn2read
>>54362282
>Muh subnets and nodes blah blah blah that doesn't answer my question

[Anonymous No.54363249]

>>54362867
technically even BTC can host websites via HMTL ordinals. you are just talking about putting data onto a blockchain. it's a simple concept. However, no one does this because it's also very expensive and websites generally don't need to be immutable, trustless, or decentralized at the same level as a digital ledger representing billions of dollars of value.
It might be economical to do this on a centralized blockchain, but that kind of defeats the whole purpose. Not to mention there are plenty of other database structures that are already optimized for web servers.

[Anonymous No.54363444]

>>54362837
Aaaaah yeah right. Ethereum is just popular. All you can do with popular shit is just wait for it to get old then something else will inevitably take its place.
>But it can always make a return, like 80s synthwaaaave

[Anonymous No.54363516]

>>54362216
>>54362483
Thanks anons for explaining this.
>t. brainlet who is now a little bit smarter

[Anonymous No.54363745]

>>54363249
retard cope
coins from a->b all Avax can do

[Anonymous No.54363819]

>>54363516
no problem fren

[Anonymous No.54364695]

>>54358324
Remember, /biz/ hates money

[Anonymous No.54364848]

>>54363249
No market for decentralized API?
No market for decentralized front-ends? Cloudflare outage literally crippled AVAX for hours.
No market for cheap smart contracts? HAHAHAHAHA
No market for Government Internet Shutdowns that cost the taxpayer billions a year?
list goes on and on.
No market for chains that operate with 99,99% reliability like ICP? Avalanche had outage 5 days ago hahahahahaha

avax move tokens from a to b.

[Anonymous No.54364912]

>>54358324
Don't tell them. Let them missed out while they copypaste the exact same cringe copypastas on every thread.

[Anonymous No.54364956]

>>54358726
What do you think the most technologically advanced platform is about? AVAX is long term hodl, selling early it's an S-Tier /biz/move.
Anyway, you are still on time to buy back tho, price is low as long as it remains below $50.

[Anonymous No.54365000]

>>54363249
>Not hosting websites "on-chain" or some such nonsense.


HAHAHAHAHAHAHA
ONCHAIN IS NONSENSE...
larp as a blockchain but can't actually host anything worthwhile like website, application, on the blockchain.
C-chain aka Cuckchain cucked by Jeff Bezos.
WEB2 LARPING AS WEB3 AND avax is just another ETH fork.... hahahaha
Stolen tech from ETH, stole ideas from Dfinity like subnets.

[Anonymous No.54365261]

>>54364848
Oh don't worry, your shitchain devs will eventually push an update with a bug. Unlike avalanche though it'll take down the entire network because it's a centralized homogenous service.
>>54365000
your shitcoin doesn't actually store data ON a blockchain, that's part of the reason why it's "cheap". In addition to being centralized of course. Not that I expect shills to understand anything other than how far in the red their bags are.

[Anonymous No.54365337]

>>54358324
If so, at least it will be a really useful option. Better than the number of decadent alts we see now.
>>54361597
>>54361604
Found the jeet. Tell your employer to teach you how to write properly the next time.

[Anonymous No.54366099]

>>54365261
HAHAHAHAHA INDEED.
some incompetent jeets uploaded a bug to C-Chain, caused to X-chain nodes to go offline HAHAHAHAHAHAHA

HOW WILL AVAX BAGGIES EVER RECOVER FROM THIS.
The chain is fundamentally flawed. hahahahaha

[Anonymous No.54367214]

>>54358814
>"Nah fantom will"

[Anonymous No.54367581]

>>54366099
Avalanche changed the X-Chain's entire consensus mechanism on the fly 2 months after the last major update. The chain went down for 1 hour due to a minor bug related to this. ETH took what 6 years just to switch from POW to POS but retained basically the same garbo consensus? kek

[Anonymous No.54367690]

>>54358726
I did the same thing but in the last bullrun I bought at $20 and sold at $40 but now with all the technology that AVAX has I won't sell my bags until it gets to at least $60

[Anonymous No.54368054]

>>54367581
>Compares it to ETH
Why don't you compare it to ICP, the KingButtfucker of L1's.

REAL BLOCKCHAIN CAN'T BE SHUTDOWN, IF YOU DON'T UNDERSTAND WHY, THEN YOU DON'T UNDERSTAND BLOCKCHAIN AT ALL.

FUTURE OF FINANCE BRO.

[Anonymous No.54368097]

>>54362275
layer 2's are centralized garbage, arb launch just proved this

[Anonymous No.54368339]

>>54368054

amazing isn't it?

All these

> our blockchain is the next btc or eth

claims are just centralized cunts hoping to gain control of the markets.

That's why I look at the developers and ask; what is there goal here?

Anyone that has an answer of within the lines of competing with ETH or BTC really has to show it and thus far, the only couple to actually show it was the Solana team which is sketchy due to it's FTX/Almeda origins, the other is Cosmos.

Every other big name funded blockchain; AVAX, Polkadot, Cardona, Algorand, Hedera and several others seem to just copy what has already been done and then release the laziest front end and dev tools. Like their hoping that some big whales just load up and meme their blockchain into larger pool investments.

Nothing currently as far as tech goes is going to dethrone ETH or BTC. Only compliment it.

[Anonymous No.54368491]

>>54361501

> not a fundamental problem like solana or matic

you can't even compare matic to solana or avax or even eth, because matic is a layer 2 solution for ETH.

[Anonymous No.54368930]

>>54368491
matic is a sidechain, full of reorgs

[Anonymous No.54368963]

>>54368054
ICP is a centralized, permissioned, consensus bottlenecked pile of garbage, it doesn't count as L1 or even crypto. Avalanche is far more thanwhat ETH can ever hope to be. You can build anything with AVAX subnets, literally any VM, any language, any db, any node hardware and config, etc.
>>54368339
AVAX will swallow ETH and run SOL as a subnet, in addition to new novel use cases that aren't possible with those other chains.

[Anonymous No.54370562]

>>54368963
blockchain trilemma 101
Can't have security, scalability, decentralization.
Stop projecting Avalanche's flaws on ICP.
ICP has NEVER been congested, fees always remained 0.0001 ICP, NEVER been hacked, never went offline, never had a network outage and it's the fastest chain on the market.

Avax can't scale without congestion and fees spike. $14 fees
https://www.reddit.com/r/CryptoCurrency/comments/swvr4p/avalanche_network_is_sweating_like_a_pig_now_with/


Avax isn't secure
Avalanche bridge got hacked and 5 days ago, X-chain nodes went offline .


Avax with 1200 validators vs 9000+ validators on ETH has a long way to go.

[Anonymous No.54370635]

>>54368963
All you can do on Avalanche is move coins around. That's all any of the VM blockchains added can do.
You cannot run applications, you cannot host web content, you cannot store files, you cannot do anything except create more and more scams in DeFi and NFTs.
It's bleeding devs, releasing shit code, and paying for as many partnerships as it can.
Absolute garbage with no future.

[Anonymous No.54371024]

>>54368963

> AVAX will swallow ETH

Not going to happen.

ETH is a store of value like BTC, it has already been mined and established by investors over 8+ years.

If anything replaces ETH or BTC it will be another decentralized chain that is based heavily on ETH or BTC with upgraded rates and security and that is only if ETH or BTC somehow fail catastrophically.

>>54370562

I like what the ICP devs are pitching and developing, however we will have to see how this entire network is rolled out when it's in a final state. It's way to early and this centralization of this project is a little troubling.

[Anonymous No.54371050]

Out come the piss shills kek
>>54370562
The trilemma isn't actually a formal thing you know that right? In any case avalanche "solved" it.
>never been congested
Nobody uses it
>fees
are payed by the dapp deployer
>hacked
because you don't have any actual smart contracts or any TVL worth hacking
>fastest chain on the market
yeaaa sub 1000tps for just moving coins a to b puts you at the very bottom of the running for alt L1s kek
>One year old reddit FUD
Already addressed by dynamic fees, network has since seen similar levels of traffic and no significant fee spikes. C-chain TPS is limited by the EVM.
>Avalanche Bridge
never hacked
>X-chain
the consensus protocol did its job. It did not allow the network to continue progressing due to a difference in execution introduced by a bug from 1.19.11 to 1.19.12. ~35% of the stake was on 1.19.12 which surpasses the liveness guarantee for snow consensus protocols, but safety (read: secure) was always maintained.
>N count
ETH has a nakamoto coefficient of like 2 lol. Avalanche is 29-30. And really the number is suppressed due to the stake req still being so high. The number of nodes, all permissionless, in the network does not impact the throughput capacity or time to finality on avalanche. The very definitions of scaling and decentralization. Another cool thing is that every node validates every transaction and they can run on minimal hardware, a laptop will suffice.

Meanwhile ICP is
>100% permissioned at a protocol level
>Nodes are massive server racks, KYC'd, live in data farms, need Dfinity's permission
>classical consensus, therefore does not scale throughput due to message complexity.
>Related, ICP cannot be decentralized at all. Subnets are limited to 7-13 nodes and it only requires 3-5 byzantine nodes to take the subnet down. You're 100x away from Avalanche.
>sub 1000 user TPS limit, with finality degrading approaching this limit
>Still relies on web2.0 services at the network boundaries

[Anonymous No.54371142]

>>54370562
Except Avax has solved the trilemma. It is secure scalable and decentralized. A bridge is not it's consensus. Cope. It makes ETH obsolete. It's a L1 and L,2 and a L0 all together. There is nothing like it. It is unique. It will save ETH by subnetting it not kill it like some wannabe 'ethkiller'. If you still don't see this in 2023 yngmi

[Anonymous No.54371213]

>>54371050
When the incentive to push all execution from ETH basechain to an L2 is in place, essentially the gas fees and basechain usage will always be low and so what exactly is the economic productivity that justifies ETH token rising in value much? L2's could be processing x trillion in value while the basechain usage is quite low, the L2's have no relationship to the ETH token except to pay for the rollup. Is there potential for an economic security issue to arise here if the ETH token does not rise in value to reflect the value being submitted in the rollups?

And how would you compare AVAX in this regard? If you have any thoughts on this matter and can spoonfeed me...

[Anonymous No.54371370]

>>54371050
Wow Avax sounds powerful what's it do?
Oh yeah it moves coins from A to B. That's it.

[Anonymous No.54371695]

>>54371213
Obviously this is a hypothetical scenario but I would challenge this assumption
>when the L2 incentive is in place...gas fees and basechain usage will always be low
Transacting on the L1 is pretty much always preferable and usage will always expand to fill the available throughput capacity (assuming adoption ofc). More rollups = more commits = more ETH used=more ETH demand. However, I do agree there isn't necessarily a direct mechanism for the value on an L2 to flow through to ETH 1:1. The core assumption is that ETH is more valuable than the rollups but that's based off of today and not necessarily true. I've heard the argument that if ETH falls in value compared to L2s, L2 operators will buy ETH to stake to secure their rollup which drives up price. I'm not 100% sold. It would be an issue though if what you say did come to pass. This is a long, probably infinitely long, way off though. Reality is I do not think the rollup vision will pan out for a number of reasons. Theoretically in this world sequencers are "decentralized", meaning that really an L2 is just an entirely distinct block chain with an independent set of nodes running an independent protocol that just commits back to the L1. That puts you back to square one with needing to scale the consensus protocol kek. Ultimately it's all just chains and bridges between them.

[Anonymous No.54371710]

>>54371213
>>54371695
cont.
Such a scenario is pretty unlikely for avalanche because the base layer is actually scalable. L2's are just data compression, ETH HAS to do this because it's janky unscalable garbage at the consensus level. Avalanche really won't ever need L2's other than for smaller specialized use cases which minimizes your concern. Avalanche's protocols can operate essentially as fast as the VM, db, cryptographic signature verification, etc. will allow. It does this independent of the number of nodes in the network. Meaning that it's better to just skip to the end game and create a subnet to have all the properties of an L1 and be fully interoperable with the network than an L2 with it's complexity/centralization concerns. AVAX pays for gas fees (on the mainnetwork, which coin a subnet pays its gas with is optional), subnet creation, and is staked to run nodes ~10 of which are required to run a subnet at minimum but can be in the hundreds to thousands no problem. Every single node validates the main network regardless of what subnets they also validate, meaning that the main network will always be bigger than any subnet. AVAX is hardcapped and the fee function tapers off to zero as the network reaches the max supply of 720 million. AVAX is effectively the lifeblood in the system, as adoption drives demand and usage this will turn AVAX into a scarcer and scarcer commodity. I think you can connect the dots to see the virtuous cycle and why L2s aren't needed.

[Anonymous No.54371867]

>>54364848
>>54371370
i move my dickhole from my waist to your mothers vagina.
That's it.

[Anonymous No.54372156]

>>54371370
>>54371710
>Transacting on the L1 is pretty much always preferable
I am not sure of this because with L2's joining SCALE, the Chainlink services can be priced more competitively on the L2's and that can drive incentive to moving essentially everything to the L2s in my view but I don't have the numbers to be certain of that.
>L2 operators will buy ETH to stake to secure their rollup which drives up price.
That is a bit scary if this is what the ETH model will rely on.

Thanks for your replies fren, AVAX really does seem to have a number of architectural advantages that institutions will preference, ETH L2's will need to become as streamlined and flexible as the AVAX model somehow but I have doubts they can achieve the same result, certainly not as cleanly.