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File: 45 KB, 929x1175, avaxchad.jpg [View same] [iqdb] [saucenao] [google]
28299120 No.28299120 [Reply] [Original]

People may think they have missed avalanche because it's up so much, but really all that's happening is Avalanche is catching up to fundamentals.

What has been apparent to those in the know for a few weeks is slowly becoming apparent for everyone else: That avalanche is the best ethereum competitor, and it isn't close.

Avalanche has just launched its ethereum bridge and with it Pangolin, a uniswap fork, has launched. You can use it right now to swap tokens. Your transactions will be instant, and you will get a better fill than you would on uniswap due to the lack of insane gas fees.

That's right: If you wanted to swap 1 ETH for LINK on a dex, your best bet is not uniswap or sushiswap or bancor or dodo, it is Pangolin. You will get about 2% more LINK for the same amount of ETH.

This is not true for any other ethereum competitor. And soon, many more projects will be moving over. Already announced is bZx (margin trading, borrowing, lending), Yield (yield farming), prosper (prediction market).

Over the next few weeks we will see a wave of several new integrations. And when I say integrations, I don't mean 2017 hopium "Look SAP is now partnered with my ghostchain!", I mean actual dApps that you will be able to go and use.

So what is the upside for avalanche?

Cardano/Polkadot are about 7-8x from here. There is no fundamental reason why Avalanche should not be worth more than Cardano or Polkadot. There is plenty of reason for it to be worth more. It's pretty much inevitable that avalanche will make it to the top 10.

>> No.28299317

influential post

>> No.28299398
File: 62 KB, 303x298, cheers.jpg [View same] [iqdb] [saucenao] [google]
28299398

Good post OP.

Here's to making it.

>> No.28299674

fuck I'm gonna rebuy avax

>> No.28299914

I'm a student, just bought £800 of AVAX, am I stupid?

>> No.28300034

I don't care about the price, I know AVAX is a top 2-3 coin and it'll be there by years end, Likely even by mid year.

>> No.28300047

>>28299120
Your 100% right anon.

Avalanche is actually delivering everything other projects claimed to be. Ive already taken the Pangolin pill and Im not going back to uniswap.

It can do an x6 and still be below Polkadot in the current market. If it would go on an XRP like bullrun you would see AVAX do an x30.

>> No.28300057

>>28299914
>fellow uk desu. I purchased £2k last night. strap in.

>> No.28300443

>>28300057
welcome to 4chan friend

>> No.28300550

>>28300443
lmao

>> No.28300728

>>28300443
w-wut?

>> No.28300777
File: 226 KB, 640x640, LINK_Marine.jpg [View same] [iqdb] [saucenao] [google]
28300777

LINK
AVAX

What else is on a winning ticket?

>> No.28301671

Pedodot is a ghost chain for ETH maxi circlejerkers, I can't wait for it to fucking die.

Will AVAX be the one to deal the final blow?

>> No.28301868
File: 285 KB, 1200x600, 1612930625307.png [View same] [iqdb] [saucenao] [google]
28301868

>>28300777
Checked, should I drop $777 on AVAX? No memes, would it be a good buy?

>> No.28302816

>>28301868
>>28299120
This guy is literally explaining why it's a good buy to you. Grab your bag and hold tight fren

>> No.28302984
File: 1.27 MB, 731x5843, avaxredpill.jpg [View same] [iqdb] [saucenao] [google]
28302984

IYKYK

Emin Gün Sirer:
>Cornell CS Prof who created the first POW protocol ever in 2003
>Co Director of IC3 which is 180+ researchers and 6 Unis
>EGS shills Link & is in close partnership with the Chainlink team
>Vitalik endorses EGS & already acknowledged Avalanche is a Breakthrough on par with BTC
>like Sergey EGS toured around the world for years educating People about decentralization

Avalanche protocol:
>The third consensus protocol after Nakamotos PoW and 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)
>it can scale to MILLIONS of Validators while maintaining high tps & sub second finality
>more decentralized than everything else
>running a Node is easy & hardware requirements are low
>Resists 51% attacks (would need 80%)

Tokenomics & Profit:
>hardcapped
>AVAX needed for staking & delegating
>needed to participate in governance of the network
>fees are burned & is burned when Subnets, Blockchains or other assets are created
>currently 10% APY
>only requirement to receive the rewards is 60% node uptime
>node costs ca. 20 bucks a month on a VPS

Subnetworks:
>sub networks can be launched on Avalanche with near infinite customization
>plug in and use the Avalanche Consensus for your already existing Blockchain so you dont have to build your own (like with decentralized oracles)
>Chainlink already moving to Avalanche
>AVAX node may be a member of many subnets & earn rewards from them!

Full EVM support:
>All ETH infrastructure can work on AVAX out of the box
>athereum.avax.network/
>Big picture: in no time the best parts of the entire crypto ecosystem can be mirrored on Avalanche and giving it all the TPS, scalability, speed and interoperability that it needs for the next stage

>> No.28303036

>>28302816
I have a small bag already, I'm just debating stacking more. Fuck it YOLO

>> No.28303799

>>28303036
same but it keeps faaaaaaaaaaaalling

>> No.28303951

>>28303799
it was in the 20s this time yesterday
be cool

>> No.28304102

>>28303951

Yeah that's not why it's falling tho, it's BTC that's coming down

>> No.28304483

>>28304102
Does alt season start when btc falls or when btc slows down in its pump?

>> No.28304669

>he didn't buy the most bullish asset ever for under $50

>> No.28305168

>>28304483
quiet you