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24432734 No.24432734 [Reply] [Original]

Is Algorand a Bogpilled crypto that will go to the moon or just another reddit shitcoin?

>> No.24432755

Wondering this too

>> No.24432757

>>24432734
bad tokenomics, I’ve been burned plenty by this coin

>> No.24433193

Go ask in the XRP threads...

>> No.24433205

>>24432734
It's not really known on reddit. The technology is solid, but they really messed up the token distribution. I'm holding a small bag, hope price will recover once the dumping stops (although I can't complain for earning 7% APY)

>> No.24433386

Algo definitly copy pasted Cardano old code better than Polkadot did.

lol

>> No.24433536

>>24433386
Algorand is pure proof of stake, Cardano is delegated proof of stake. They protocols are very different, no copy pasting here. Plus, Algo already has smart contracts while Cardano keeps delaying them.

>> No.24433540
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24433540

Long term hold. Just rolled out a CBDC for the Marshall Islands. Imagine if that goes well, and bigger nations start getting interested in building CBDCs on the Algorand Network. We're talking hundreds of billions, if not trillions of dollars. Complaining about the poor tokenomics is short sighted. All that does it give you more time to buy the bottom. All of the coins will be distributed eventually, and after that it would be set to moon if it succeeds in gaining traction.

>> No.24433746

>>24433536
You have no clue fren.

Everything is based on Cardanos Ouroboros Praos protocol.

So if Cardano is Dpos - Algorand is old Dpos

lmao

>> No.24433764

>>24433205
>reddit
you have to go back

>> No.24433790
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24433790

>>24433746
Imagine thinking a Turing Award winner and MIT professor is copying your scam coin. Fuck outta here.

>> No.24433822

>>24433790
Google it idiot.

>> No.24433840

I have a college friend who works at for Algorand (on the business side), it’s fucking legit

He’s already had two successful start up exits

>> No.24433849

>>24433790
Same with Polkadot and a dozen other projects.

Cardano = the standard

>> No.24433900

>>24433849
lol
I'm sure your vaporware will get released eventually, just in time for eth 2.0 to make it irrelevant

>> No.24433932
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24433932

>>24433822
>You have to find the proof for my stupid claims
Nope.

>> No.24434144

>>24433900
Enjoy your nice inflation and copycat code.
What rank is your shit?
Can't see it.
lmao

>> No.24434174

>>24434144
Provide any actual evidence of it being a copy, you fucking grifter.

>> No.24434190

>>24432734
Excellent company doing amazing things that is bad for investors.

>> No.24434208

>>24433536
Cardano is not delegated proof of stake

>> No.24434256
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24434256

>>24432734
It will moon in time, anon

>> No.24434279

>>24434208
It doesn't matter what they call themselves, it is delegated proof of stake. I need to delegate my stake to earn the rewards. Algorand is giving me rewards directly without having to delegate my stake.
> But technically...
Fuck outta here with the pedantic autism.

>> No.24434286

>>24433840
based

>> No.24434461

>>24434279
Regardless, I want to pick up a stack. Whats the suicide and make it stack for ALGO?

>> No.24434511
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24434511

>>24434461
10k is comfy stack

>> No.24434733

>>24434461
10k suicide, 100k make it

>> No.24434810

>>24432734
It's one of the few cryptos that consistently has adoption, momentum, and an actual working product that's fast and well designed (their mobile wallet). Very comfy.