/biz/ - Business & Finance

>>55615050
Application denied.
Too brown for the post.
Good luck on Dfinity.

>>26140646
>AVAX devs were not part of the Ethereum team
Emin was ETH OG who gave a lot of advice to Vitalik in the early days

>>26057622
IOTA is a centralized Scam, AVAX is decentralized at over 700 Validators.
I run my own AVAX node too and know 10 people who do it, do you anyone who runs validators for iota or how to become one?
have you ever cared?
meanwhile its piss easy to participate in AVAX, just buy 2k AVAX, run a node and print money.

>>26057648
and it will go much much higher.
just do the research and you will see.

>>25541852
>it still takes it 5 years at least to be tested and get established.
It was already tested, its on Mainnet now for 3 months and the Ethereum bridge comes this month + the first dex.
>PoS hasn't really been censorship resistant
Proof of Stake is a Sybil Control mechanism you brainlet and this has nothing to do with how it achieves consensus. Avalanche is a leaderless protocol. man there is so much wrong with your post, you are clearly uninformed brainlet.

>the miners
Bitcoin mining is very centralized, Ethereum too.
even on a hardware level.
you dont have that with AVAX, you only need 2k AVAX to run a node and you can do it on a raspi, you get rewarded for 60% uptime and there is literally no risk to your funds, there is no slashing.

>>25428168
Most AVAX will be staked on nodes or delegated to nodes.
then there is also DeFi, you will need AVAX to provide LP on a DEX for example.

>not getting dumped on to death.
Because of the constant buy pressure once they centralized faggots like CZ have figured out that AVAX will kill their Business if they dont buy in and try to get a stake in the network, basically same thing they have done with yfi or UNI.

>>25428655
>What difference does this make?
It solves the Blockchain trilemma, thats a huge difference.
now we can have Speed AND decentralization.

>AVAX as of now can claim whatever it wants about being an "eth-killer"
It not an "ETH Killer", it the Solution to every Problem that Ethereum has and thats why ETH will move over to AVAX.
>like the thpusands of other scamcoins that croon about how revolutionary they are yet dont get used for shit.
because they are centralized and AVAX isnt, thats what makes it different from the scamcoins.

>It wont beat Eth because Eth had first mover advantage
thats like saying People wont watch DVDs because the VHS already exists.

the FUD had such a good run until this:
>Emins connection with the fat fuck Sergey is a bad sign, hes already fraternizing with other scams
>>25428761
FTM is a centralized shitcoin.

>>25170079
>>25170153
>>25170197
and this is the guy they are up against:
Emin Gün Sirer:
>invented crypto before satoshi
>p2p piracy enthusiast and heavy into decentralization
>literally the el33th4xor
>number 2 of IC3 (Ari Juels is #1) and directly farms big brains from cornell for his own organization
>invented the third family of consensus protocols
>product he released actually works
>Sergey Nazarov is his best friend, they share a vision
>has regulators, the media and china in his pocket

>>25164445
rest of the supply is locked up or delegated to nodes.

>>25035517
there really is no real AVAX fud.
its only out for a couple weeks and it already accomplished decentralization that most can only dream of.
staking AVAX is also really low risk, no slashing etc. very low effort passive income source when you run a node or delegate to nodes.

>>24731299
Node count keeps going up.
https://avax.dev/validators

Node count is going up bros
https://avax.dev/validators