/biz/ - Business & Finance

Blockchain trilemma Mon Aug 22 10:33:57 2022 No.51035948 [View]
File: 98 KB, 2172x962, tvl.png [View same] [iqdb] [saucenao] [google]

>>51035823
Avalanche launched in 2020
ICP launched in 2021

Avalanche didn't have any DeFi in 2020.

>Muh DeFi. ICP is targetting CLOUD sector not just DeFi, it's targetting the entire web2, a 3.7 trillion market. 8GB smart contracts capabale of running everything from
Web3 search engine.
https://74iy7-xqaaa-aaaaf-qagra-cai.raw.ic0.app/

https://mqkdm-zqaaa-aaaah-ablsa-cai.raw.ic0.app/
Just prototypes, developers are still learning.

TVL is an amateur investor metric, that doesn't mean much. Stake shitcoins, earn rewards, restake those rewards to earn more rewards = bloat TVL.
There is hardly any bloated TVL on Avax to brag about.

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