/biz/ - Business & Finance

>>56452829
Because of how the Consensus Mechanism works (repeated subsampling).

>>55243231
"Proof of Stake" is NOT a consensus procotol. its a Sybil control mechanism (spam protection).
Many people (you included) dont seem to know this.

also Ethereum sucks because they did a very shitty implementation of Proof of Stake and because it uses a leader based consensus and not a leaderless like Avalanche.
actually the only way PoS works properly is in combination with the Avalanche Consensus.

>>53178256
Ethereum is already dead.
Avalanche will replace it, that was always the Plan.
you havent figured it out because you are completely clueless and a Laggard.
>>53178280
you cant refute anything, why arent you staking your ETH? exactly. its shitty.

>>52890219
>doesnt know what the Avalanche Consensus is and how it makes Avalanche Scale
why dont you read up on it first?

>>52656987

>>50013797
>AVAX
this
they solved the blockchain trilemma and scaling.
highly recommend you check it out.

>>26054065
and AVAX offers what nobody else offers (pic related)
all coded by hand selected gigabrains directly from cornells IC3 which is now btw. funded by Chainlink.

>>25464079
I already told you

>>25427652
>>25427708
Do you have at least enough to run your own node?

quick AVAX rundown

Emin Gün Sirer:
>Cornell CS Prof has been in crypto since BEFORE BTC
>is the Number 2 in Cornells IC3 (Ari Juels is number 1)
>h-index of 46 (Juels h index is 83), nobody in crypto comes close to these 2 gigabrains (Vitalik has h index of 27 FYI)
>EGS recognized the importance of Chainlink from early on and is in close contact with the Flannel Man
>Vitalik endorses EGS and is already looking at "Athereum", a Subnet on Avalanche to solve what he cant do with ETH 2.0 https://athereum.avax.network/

Avalanche protocol:
>The third consensus protocol after Nakamotos Proof of Work and Classical Protocols
>This is not repackaged shit with minimal tinkering here and there, its a completely new family of Consensus Protocol
>4500+ REAL TPS (no bullshit account tricks, batching, or L2), sub 3 seconds finality
>already more decentralized than everything else in crypto running a Node is really easy and hardware requirements are low, anyone can do it
>basically consensus is reached by probabilistic sampling thousands of independent nodes over multiple rounds
>Resist 51% attack (need 80% network control to take over)

Full EVM support:
>Low friction of adoption for projects developing on ETH
>All Ethereum smart contract and infrastructure can work on AVAX out of the box which means all the slow DeFi running on ETH right now will switch to AVAX to speed it all up
>AVAX nodes will Validate ATH (Athereum) which makes running a node very profitable

Subnetworks:
>This is Avalanches bread and butter. Independent networks can be launched on Avalanche, with near infinite customization. Athereum is a good example of this.
>Big picture: Within one year, the best parts of the entire cryptocurrency ecosystem can be mirrored on Avalanche. Giving it all the TPS, scalability, and speed, and also interoperability with the entire ecosystem.

right now it trades at $3.23