/biz/ - Business & Finance

>>26502736

If you aren't all in on AVAX, do you even deserve life?

>>26503393
not for long
>>26503563
you deserve to be a bagholder like IDIOTAs are today

>>26502736
Algorand and Cardano literally can do everything Avax can, and have maximum security, proven mathematically.

A layer 0 + "subnets" (layer 1) is absolutely equivalent to a Layer 1 blockchain and intraprivate sidechains (both operational on Algo/Cardano). Good thing on Algo is atomic swaps & composability. Algo/Cardano are similar on speed, but for example Algo is 46k tps and no security/decentralization tradeoffs. Literally limited by the internet infrastructure.

Tell me again why we need Avalanche, besides making money by fooling normies that "building networks on a base network is the shit!!"?

my orders are unchanged, eternal

>>26503640
>Algorand and Cardano
are centralized and slow.
no they cant do what Avalanche can because Avalanche is decentralized AND has the tps and low latency.
also made by Cornell big brains. betting against these guys is never healthy.

>>26503640
this algorand is the shit and a true hidden gem
>>26503776
Avalanche is a centralized shithole
Take down the default explorer and all wallets stop working
90% of all nodes run in the cloud again a centralized shitcoin

>>26503831
I cant work out why ALGO isnt being relentlessly shilled on here. Im buying thousands of it a week BECAUSE BIZ haven't noticed it yet even though its going through a massive fucking pump. They're all too busy sucking Charles' farts that they missed this gem.

>>26503776
> are centralized and slow.
fud so you can accumulate? sorry you had more than 1 year.
Algorand 46k tps, 3000x faster TODAY than Ethereum. Add intra private sidechains for business usecases / or >100-500k tps usecases like fast payment channels. Again, slow? Cardano is 10k tps on each Hydra heads, so potentially >100k tps.
Centralized? Bro. Yeah the peer reviewed monumental work that are both Algorand VRF & Cardano's Ouroboros consensus are probably scam, you are right, sell all guys.
> betting against these guys is never healthy.
Yeah but betting against the only Turing award in crypto, who invented half of what is crypto using today, like zk proof, Silvio Micali, a dude that worked on cryptosystems all his life, even before the Internet was a thing, is probably heathy right?

>>26503885
They will buy at >$1.4 next month and start shilling it like mad retards, as always. Screencap this, it's literally going to play out like that

>>26503908
>>26503941
hush you, dont drop truth here, not yet

>>26503908
ALGO and ADA predictions EOY?

sorry but it's harder & harder nowadays

>>26503831
you are thinking of radix, thats the centralized shitcoin.
their whitepaper stated it has only 100 Validators on launch, which of course means it is centralized.
>90% of all nodes run in the cloud
there are many different cloud providers
even if one went down it would only take a couple minutes to get the node up again on a different provider or on a raspi.

>>26503908
>so you can accumulate?
I dont buy garbage like radix.
the 2021 make it portfolio is LINK & AVAX
>Algorand 46k tps
Its centralized thats why its not an achievement.
>Again, slow?
tps says nothing about the Latency. kinda a big deal.
>sell all guys.
unironically yes
>Yeah but betting against the only Turing award in crypto
literally who? this guy a nobody.
all the gigabrain tech comes from Cornells IC3 these days.
some loser without connections to the jew cabal will ngmi

>>26504093
ALGO $6-10
ADA $3-6

hard to tell EOY if the peak happens before

>>26504116
> Its centralized thats why
sure mate, sure.
> tps says nothing about the Latency
46k tps, 2.5s latency on L1, 10 times less on intra private chains. Again, retard?
> literally who? this guy a nobody.
troll detected. just a friend of the new SEC chairman, and Algorand was mentioned by G. Spencer. Biggest connections in the space, by an order of magnitude.
Nice try though, yeah sorry idgaf finished accumulating, now going to shoot to $0.8-$1

>>26504131
Thanks for the answer. Why do low thought, if these two technologies are so revolutionary?

I understand the AVAX hype given that it is being shilled as a top 5 coin

>>26504259
Why so low*

>>26504259
Some stuff just takes time to come at the top, just like Chainlink. Just like how Nano, filfhy normo-reddit coin is going to take LTC's spot.
Algorand "suffered" from initial price crash due to an initial 24 billion valuation, so price had to regain trust. Textbook accumulation phase
But the market is still immature and irrational, always remember that

>>26504116
> there are many different cloud providers

So you concur of 700 validator nodes 650 are owned by 3 entities
> muh decentralization
> there are many different cloud providers

about 3 cloud providers stand for 90% of all avalanche nodes
so many. more than 2.

> >Algorand 46k tps
> Its centralized thats why its not an achievement.
meanwhile avalanche can do 4.5k tps
with same level of centralization

>>26504228
>46k tps, 2.5s latency on L1, 10 times less on intra private chains.
centralized, thats why its not an achievement.
>just a friend of the new SEC chairman
>just a friend
lmao

>>26504477
>3 entities
there are more than 3 VPS providers
you can also run it on a raspi
>about 3 cloud providers stand for 90%
nope
>with same level of centralization
AVAX has over 750 Validators.
Algorand has like 10 or so that actually participate in consensus.

>>26504560
you really sound desperate, retard.
Are you aware that nobody forces you to be attached to your bags? Nobody forces you to not buy Cardano or Algorand

>>26504364
I understand . Based on your view I assume you believe BTC and ETH will always be the first two right?

>>26504785
Oh yes, BTC is perfect, as is. Tech concerns are FUD because the digital gold is legit now.

ETH might have a real funky road ahead for the next 2 years, depending on how much the total crypto market pumps, how high the fees and scalability impacts its network, how far away is Ethereum 2.0. I expect it to stay on top, long term, but who knows, we might see a flipping with like Cardano, because the "the ecosystem is too large to fail already" with max 50m users worldwide is a meme.

>>26504891
Imagine how fast this insane market sentiment can shift when uniswap-like exchanges and main dapps gets adopted on Cardano & Algorand? Yeah, don't see why people would force themselves on Ethereum, when many usecases are literally impossible at the moment

>>26502736
https://twitter.com/DastardlyDaniel/status/1352620577631166464

>>26505230
Who the fuck is that nobody DastardlyDaniel? Why are AVAX shills spamming links to that faggots twatter as if him saying "debunked" matters? Are AVAX shills literally IQ 85 people? Yes I think so

>>26502736
don't care never selling

>>26505375
> Are AVAX shills literally IQ 85 people
Probably the same who were shilling TRX and EOS back then desu

>>26505375
OP is known pioneer mastermind

>>26505489
Nope i was shilling LINK ICO during anime-chan times and GRT pre ICO.

AVAX is bigger than both combined

>>26506125
> AVAX is bigger than both combined
that's where you lost all credibility.

>>26502736
XRP is the standard

>>26505489
2017 TRX, EOS, DentaCoin, Oyster Pearl, IOTA
2021 AVAX

https://docs.avascan.info/guide-delegation-avalanche-network/choose-validator-node-avalanche

> When you delegate your AVAX you also delegate your voting power. You validator will use its power to go to consensus about the uptime of other validators, to decide whether they will get the staking rewards - your decision will have an impact on the whole network!

Oh no, validators have much power. I wonder how validators are secured.

> How is the node protecting its private key?

Oh no. Oh no no no no.

It would be utterly hilarious if somebody hacked avalanche and made all the nodes vote that all the other nodes uptime is < 60%. Imminent cluster fuck. Utterly hilarious.

AVAX chads where are you now, why so silent?