/biz/ - Business & Finance

>>50451688
>>50451815
Imagine if the MIT professor who invented zero knowledge proofs and verifiable random functions decided to completely rework the concept of a decentralized smart contract blockchain. That professor is Silvio Micali and that blockchain is Algorand. Proof of Stake is non-dilutive and actually allows for all nodes to get a chance at participating in consensus without concentrating the supply of ALGO into the hands of a few whales. Smart contracts time out and pay for storage by locking up ALGO so gas is unnecessary, fees are a formality to prevent spam. all transactions are final the instant that their block is confirmed, and blocks consistently confirm every 4-5 seconds, with a long series of upgrades on the development pipeline. It is a statistical impossibility for Algorand to fork. Once the currently slow and gradual release of ALGO ends around 2030, Algorand Standard Assets (ASAs) will actually make ALGO deflationary since 1) in order for a wallet to interact with any ASA, it must “opt-in” to it with a transaction, and 2) for each ASA a wallet is opted in to, that wallet must hold 0.1 ALGO. While that metric can be changed through governance, it can only go as low as 1 microALGO (0.000001 ALGO). With serious financial institutions, novel blockchain applications, and a growing base of passionate developers gravitating towards the speed, security, and functionality of Algorand, ALGO is an absolutely necessary DCA for this bear market. We can and will go lower, but $100 by 2030 is more than reasonable. Get the Pera mobile wallet on your phone, make a wallet, send some ALGO to it from a CEX, and try out the ecosystem. While interest is low right now, the next bull run will see people and businesses alike looking for a truly reliable platform on which they can take full advantage of the “web3” movement, and the first choice of many will be Algorand.

>>50320592
Based.
>>50322003
Faggot.

Algorand

Only willing to spend like $5000 so I don't know if I should get BTC or ETH.

>>50074700
Checked fren.

>>49992607
Fuck off Pajeet

I wish a candy day for all randy holders.

$14.88

Yep you heard me right you fuckos.
My randy is candy.
Never selling my precious Algos.

>fuck niggers
>fuck kikes
>fuck trannies
>fuck kike trannies
and most importantly
>fuck redditfags

Give me all your best FUD, entertain me, but know this, my Algos are nice and comfy in my Algo wallet, they are stacked and staking.

>>30039684
>How’s everyone’s stack doing tonight algobros?
It be doin sum.

>Silvio is going to personally give me a trap gf for holding ALGO. How fucking based is this?
Very based.

>>30025950
cheers bro

>he doesn't hold at least 1k Algorand

Explain yourself.

>>29963496
>t. redditfagot who sold at 5k loss
keep on seething

>>29954673
Second this. How does the free crypto work, made me get Algo. Seems to be adding up on coinbase but I only put in like $20 and I thought there was a minimum. Does it really just give you 6% apy. Fucking printing money over here.

Is the Algo Apy on coinbase not at a minimum anymore? I got a notification. I'm new to crypto so what do I do, just put it in a vault?

>the only thing green

$1.25 waiting room
>that gay redditor who sold yesterday at a 5k loss because the natsoc images
lmao

>>29849585
It's a long term hold instead of a pump and dump scam. You should be accumulating now and then forget about it.

WTF WAS THAT?!

>>29834535
pretty late for you, isn't it raheej?

>>29826907
All right boys, reddit has sold his bags.

PUMP IT!!!!