/biz/ - Business & Finance

[Anonymous No.57648780]

I'm a developer, I've thoroughly reviewed the Internet Computer Protocol (ICP) white paper and documentation, along with various blog posts, including those from notable tech companies. Here are a few reasons why I would hesitate to use ICP for my applications:

The current state of the "mainnet" lacks true decentralization. There's no effective decentralized method to evaluate the performance or reliability of a node provider.

The development progress has been slow, taking them years to essentially create centralized nodes, which is not particularly innovative since such systems already exist. This casts doubt on the future prospects and the capabilities of their engineering team.

The white paper fails to clearly outline a viable transition from a centralized framework to a decentralized one. They touch on "decentralized" reputation systems in a superficial manner, as though the challenge of creating a Sybil-resistant decentralized reputation system is a secondary concern, despite it being a significant, unresolved issue in computer science. With years of development time and substantial funding, the lack of detailed technical specifications for this aspect is concerning. It reminds me of promises from other projects that claim they will solve centralization issues in the future, which often remain unfulfilled.

There's a lot of media buzz about partnerships with major tech firms, but a closer examination reveals that these are often overstated. For example, a tech giant's blog post might be misconstrued as a partnership when it's merely a demonstration of how ICP could potentially integrate with their services. There's no evidence of these companies committing to use ICP themselves. Moreover, if such companies decided to enter the node service market, they could likely replicate ICP's functionalities without much difficulty.

[Anonymous No.57648797]

>>57648780
Yeh yeh yeh, but all we really care about is what is the suicide and make it stacks for ICP? Do you know?

[Anonymous No.57648800]

You not a developer anon. You've thoroughly hit ctrl c+v.
Verification not required.

[Anonymous No.57648806]

>>57648797
200/2000
for next year

[Anonymous No.57648845]

>>57648806
I have 4200. Will I make it then?

[Anonymous No.57649021]

>>57648845
Congratulations in advance.

[Anonymous No.57649075]

>>57649021
You have to be shitting me. You really think ICP will hit $250 next year?!
It's barely at $10 now!
How will it ever do a x25? The market cap won't allow it!

[Anonymous No.57649111]

>>57648780
You absolute faggot.
I don't want it decentralized. I want it run by the competent as fuck based mother fuckers that started it.
Whine harder.
>just turn your shit over to retards so they can ruin it
KYS.

[Anonymous No.57649221]

>>57648845
You'll make 420 ICP per year if you stake it.
That will probably be $800 a year or so once the VCs stop propping up the price for their big token unlock, nice!

[Anonymous No.57649231]

guys, i just bought a raspberry pi off amazon. are you seriously telling me i cannot run the entirety of web3.0 from my basement? wtf

[Anonymous No.57649267]

>>57649221
the VCs in ICP are very retarded and absolutely make zero efforts to prop the price up. most likely because they have a very large supply, so it's a reliable paycheck from all the dumping. but their "big unlocks" end in a month or two.

[Anonymous No.57649271]

I'm a developer, I've thoroughly reviewed the Avalanche Network (AVAX) white paper and documentation, along with various blog posts, including those from notable tech companies. Here are a few reasons why I would hesitate to use AVAX for my applications:

The current state of the "mainnet" lacks true decentralization. There's no effective decentralized method to evaluate the performance or reliability of a node provider.

The development progress has been slow, taking them years to essentially create centralized nodes, which is not particularly innovative since such systems already exist. This casts doubt on the future prospects and the capabilities of their engineering team.

The white paper fails to clearly outline a viable transition from a centralized framework to a decentralized one. They touch on "decentralized" reputation systems in a superficial manner, as though the challenge of creating a Sybil-resistant decentralized reputation system is a secondary concern, despite it being a significant, unresolved issue in computer science. With years of development time and substantial funding, the lack of detailed technical specifications for this aspect is concerning. It reminds me of promises from other projects that claim they will solve centralization issues in the future, which often remain unfulfilled.

There's a lot of media buzz about partnerships with major tech firms, but a closer examination reveals that these are often overstated. For example, a tech giant's blog post might be misconstrued as a partnership when it's merely a demonstration of how AVAX could potentially integrate with their services. There's no evidence of these companies committing to use AVAX themselves. Moreover, if such companies decided to enter the node service market, they could likely replicate AVAX's functionalities without much difficulty.

[Anonymous No.57649296]

>>57649221
It's 92% unlocked and will be fully diluted in the next few months. But don't worry I'm sure Sergey won't dump half a billion in tokens on you the next time Link gets the slightest decent price action. He only owns 60% of the supply still kek this time will be different for sure!

[Anonymous No.57649312]

>>57649267
They made a pretty big effort to get it listed on exchanges at several hundred dollars when ICP dropped to dump their unvested portions.
There aren't enough unemployed /pol/chuds to have moved it up to where it is from the pathetic shilling on this board (which is the only place ICP is discussed), the order books are definitely 100% VC controlled.

[Anonymous No.57649342]

>>57648780
Dude, just buy any coin, ANY coin, it will go up in a bullrun. Well, maybe not LINK, but just buy anything else and you'll make profits. Don't waste your time analyzing projects, it's pointless. You could just as well judge potential upside by the cuteness of the mascot. That might actually be the way better indicator.

[Anonymous No.57649375]

>>57649296
>92% of infinity is unlocked
Lmao OK, go learn some math chud

[Anonymous No.57649392]

>>57649312
what i meant is the VCs appear to be anti-Dfinity.
they dumped too heavily, never set a respectable floor price.
and they are focused on pumping things like solana.
i think they feel safe riding Dom's back for a steady paycheck. they have huge 8-year locked neurons that will forever generate tokens to dump.
Dom fumbled the early stages with the VCs.

[Anonymous No.57650130]

Oh yeahh!!? Then what about this guy? He locked icp for 8 years. He's good at business right?

[Anonymous No.57650405]

             ,       

tinyurl
com/5n8radbp

x4g5k6x2e0

[Anonymous No.57650468]

X.com/AndroidIcp

[Anonymous No.57650809]

its over

[Anonymous No.57650842]

>>57648780
Jesus christ you're a faggot and you keep posting this on telegram

[Anonymous No.57650857]

>>57648780
I'm a developer, piss is quite literally the future of the internet. cope and sneed

[Anonymous No.57651133]

>>57648780
Holy shit. That sounds like Theranos all over again

[Anonymous No.57652433]

[Anonymous No.57652442]

>>57651133
Thanos

[Anonymous No.57652518]

Are you guys getting ICP or AVAX?

[Anonymous No.57652577]

>>57652433
Hey they've come a long way, now there are even ripoffs of shitcoins hosted on the Dfinity Foundation servers that you can trade your ICP for. It's almost like a real blockchain, except that a single party gets to decide if the shitcoins are kosher or not and will take down things they don't like.
Baby steps

[Anonymous No.57652599]

>>57652518
icp over avax because the avax memes do not feel organic and done by a for pay shill army

[Anonymous No.57652685]

>>57652442
Tranos

[Anonymous No.57653023]

>>57652433

[Anonymous No.57653065]

Why is ICP pumping rn bros

[Anonymous No.57653070]

>>57653023
you must have a nice fud collection, would you mind sharing sir?

[Anonymous No.57653080]

>>57653065
it just jumped 40 cents in like 2 seconds pretty sure the whale who has been defending his shorts at 14 just got ass raped.

[Anonymous No.57653100]

>>57653080
>>57653065
Been consolidating at $13 for two months it was just a matter of time. You don't get the type or pump we had at the end of December and just die off.

[Anonymous No.57654631]

>I'm a developer
doubt

[Anonymous No.57655177]

>>57648780
y'll retarded as fuck thinking icp will pump again. im glad i sold at $70 and put that money into sui and some other related projects.
you can go fuck yourself

[Anonymous No.57655522]

e̶a̶r̶n̶ f̶r̶e̶e̶ g̶i̶f̶t̶c̶a̶r̶d̶s̶ a̶s̶ m̶a̶n̶y̶ t̶i̶m̶e̶s̶ a̶s̶ y̶o̶u̶ w̶a̶n̶t̶ a̶n̶d̶ r̶e̶s̶e̶l̶l̶ i̶t̶ f̶o̶r̶ p̶r̶o̶f̶i̶t̶s̶, r̶e̶a̶d̶ t̶h̶e̶ p̶d̶f̶ a̶t̶ t̶h̶e̶ l̶i̶n̶k̶ b̶e̶l̶o̶w̶

tinyurl
com/52k8xvha

o1y0f7p2d1

[Anonymous No.57655597]

>>57655177
kek
Funny how this was categorized as a depin base project. Instead of this, I'd rather root in for RNDR and also keep tabs on peaqs pending when they launch.
For Sui, I didn't buy. I got my position from Airdrop on over 4 wallets.

[Anonymous No.57655630]

>>57655177

At what price did you buy sui?

[Anonymous No.57655711]

e͓̽a͓̽r͓̽n͓̽ f͓̽r͓̽e͓̽e͓̽ g͓̽i͓̽f͓̽t͓̽c͓̽a͓̽r͓̽d͓̽s͓̽ a͓̽s͓̽ m͓̽a͓̽n͓̽y͓̽ t͓̽i͓̽m͓̽e͓̽s͓̽ a͓̽s͓̽ y͓̽o͓̽u͓̽ w͓̽a͓̽n͓̽t͓̽ a͓̽n͓̽d͓̽ r͓̽e͓̽s͓̽e͓̽l͓̽l͓̽ i͓̽t͓̽ f͓̽o͓̽r͓̽ p͓̽r͓̽o͓̽f͓̽i͓̽t͓̽s͓̽, r͓̽e͓̽a͓̽d͓̽ t͓̽h͓̽e͓̽ p͓̽d͓̽f͓̽ a͓̽t͓̽ t͓̽h͓̽e͓̽ l͓̽i͓̽n͓̽k͓̽ b͓̽e͓̽l͓̽o͓̽w͓̽

tinyurl
com/5yj78cwh

g6m3m5h3l3

[Anonymous No.57655795]

X.com/AndroidICP

[Anonymous No.57655952]

>>57648780
bigger issue is that no one seems to understand that running software from a blockchain is a retarded idea. too busy thinking about how and didnt stop to explain why.