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/biz/ - Business & Finance


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File: 22 KB, 1000x1000, ava_red.71607864.png [View same] [iqdb] [saucenao] [google]
28602394 No.28602394 [Reply] [Original]

The CEO confirmed a double spend occurred on his blockchain, people got $20K worth of AVAX for free:

https://twitter.com/el33th4xor/status/1360398275061420034

Double spends are the worst for a blockchain because you can easily abuse the consensus network with a Sybil attack and shut it down. BTC's whitepaper talks about how critical double spend prevention is, BTC has never been double spent. Same for ETH, ADA, etc. Avax is a dead on arrival project. You're cough in the hype here but major attacks will be devastating for this coin.

>> No.28602600

>Q: "What does it mean when you say the bug was in the client code rather than the consensus mechanism? Is it not one and the same?" A: No. Consensus mechanism is a theoretical idea of how decision making functions. Client code is the implementation of that idea. If the theoretical idea is wrong, then no matter how good the client code is, there is no hope of it ever working. On the contrary, if the theoretical idea is correct, then a flaw in the implementation can be corrected and everything is good again. This incident was caused by incorrect application of a correct idea.

You can recover from a client code error. You cannot recover from a consensus mechanism error. AVAX bug was a client code error, Neck yourself and livestream it you post the same thread every 15 minutes.

>> No.28602643
File: 546 KB, 697x809, 1607797733973.png [View same] [iqdb] [saucenao] [google]
28602643

>>28602394
please sell it all, we'll take it from here

>> No.28602651

>>28602600
you shills are in overdrive. Go to reddit. That's where the gullible people are.

>> No.28602656

>>28602600
my little bagholder can't be this retarded!

>> No.28602742 [DELETED] 
File: 596 KB, 864x1702, Screenshots_2021-02-13-08-51-45.png [View same] [iqdb] [saucenao] [google]
28602742

>>28602394
https://avascan.info/blockchain/c/address/0x0a99c32AFFAEc0a697D4CB4bf660Eeddcf432c21/transactions

Shows on the community explorer. 11 tx's

https://cchain.explorer.avax.network/address/0x0a99c32AFFAEc0a697D4CB4bf660Eeddcf432c21/transactions

Cchain, shows 3 tx's.


Still there on the x chain


https://explorer.avax.network/tx/iWd83KayghBQYNERXem3nW8ifFjJsR66NwWcAR6uZavKFWthq

>but but but but it was a double MINT not a double SPEND!
Lol keep coping retards.

Pic related is a convo I had with one of their team members. Here's his linkedin

https://www.linkedin.com/in/patricksutton
>we can't state it for now
This means
>we can't tell you what happened until we dump our bags on ninance
But I'm sure it's just a coincidence you can't withdraw to binance right now lol

>> No.28602810

Good, please fud. I want to buy more cheaper.

>> No.28602884

>>28602742
Can you read you retarded shit, he said explorers will show stupid shit

>> No.28602890

>>28602742
that's just sad, they're not even trying anymore

>> No.28602928

Strawman, lies, pastas and same anons on rotation (Or just one with heavy short fudding his life rightnow), 95% of the content on avax threads recently

>> No.28602982
File: 62 KB, 560x267, 4xw0mu~2.jpg [View same] [iqdb] [saucenao] [google]
28602982

>>28602884
>exploreres will show stupid shot
There is no war with Eurasia! We have always been at war with Eastasia!

Deny reality, trust the team lol

>> No.28603035

we already KNOW you fucking nigger. Stop opening the same FUD thread 20x in a row because you have a short position

>> No.28603082

>>28602394
Do the world a favor and kys nigger. The extra avax was burned and the bug is fixed. No one is ever going to get 40k ever again, and its been burned from the supply.

Its almost like btc and eth never had bugs, am i rite guys?

>> No.28603136
File: 147 KB, 1183x1280, UNNto$20.jpg [View same] [iqdb] [saucenao] [google]
28603136

>>28602394
Bullish for Union. Precisely what UNN needs to be happening before main net.

>> No.28603183

>>28602394
Damn the poors are desperate today huh?

>> No.28603205

>>28602982
You fucking discord trannies are getting desperate coming here with dumber and dumber fud

>> No.28603235

>>28602742
Patrick Sutton doesn't have " | Avalanche" in his username

>> No.28603541

>>28603082
Wait until he try to spin it as if 40K *NOT STOLEN FUNDS* (Funds safety never was under risk) that been resolved in a day by a simple patch and stopped by the uber chad network automatically before it could get worse, Is as worse as the DAOhack/Parity wallets and Early BTC bugs (Including 2 inflation bugs like AVAX just had, But the difference is that Avalanche consensus is safer and stopped it from progressing and the very early stage, In BTC anonymous minted 300M BTC out of thin air and the chain required to go through hard fork).

Fact is that Avalanche been live for 5 months and just experienced its first bug, An impressive achievement for a new and revolutionary consensus that never had the chance to mature, And that there's nothing that could stop its inevitable growth, I dare to say even hack like the DAO won't simply because Avalanche is the future by necessity (No other valid option).

>> No.28603603
File: 72 KB, 472x468, Wojak_Cry.png [View same] [iqdb] [saucenao] [google]
28603603

>>28603082
>am i rite guys? Anyone...?

>> No.28603733

>>28602742
that's a fake patrick sutton retard

>> No.28603910

>>28603603
Even if this shit hits 10 dollar per token im still profiting. Stay poor basement dwelling nigger

>> No.28603944
File: 35 KB, 258x245, A86064F1-68C9-4F98-9774-E4D782D5C849.jpg [View same] [iqdb] [saucenao] [google]
28603944

Yes, please dump so i can accumulate more

>> No.28603960

What's more worrying about this exploit is how the team tried to cover it up by deleting the transaction on their block explorer and telling people it was an error with the explorer

>> No.28604039

>>28603082
>Do the world a favor and kys nigger. The extra avax was burned and the bug is fixed. No one is ever going to get 40k ever again, and its been burned from the supply.
Oh nooo they can burn tokens on a decentralized blockchain LMAOOO

>> No.28604041
File: 94 KB, 620x419, 1612035364902.jpg [View same] [iqdb] [saucenao] [google]
28604041

>>28602600
>client code eror
>chain prints more tokens team have to burn them manually to match supply

>> No.28604079

>>28603960
Yeah and then Emin saying it's a minting issue even though you can see for yourself that multiple double spendings have happened

>> No.28604120
File: 50 KB, 597x559, 25345345366.jpg [View same] [iqdb] [saucenao] [google]
28604120

>>28603082
>The extra avax was burned and the bug is fixed
>all fine now

>> No.28604182

explanation by "el33th4xor" himself. buy AVAX.

https://twitter.com/el33th4xor/status/1360390331041202176

>> No.28604244
File: 17 KB, 200x200, 1555067789935.jpg [View same] [iqdb] [saucenao] [google]
28604244

I mean are you all bagholding fucks this tech illiterate?

>> No.28604250
File: 28 KB, 499x481, 34636337.jpg [View same] [iqdb] [saucenao] [google]
28604250

>>28602394
>el33th4xor

Fucking 1999 called nigga. Imagine investing in something with a project lead/CEO who unironically uses that as their user handle in 2021.

>> No.28604319

>>28604041
Yes? but your "logic" btc proof is flawed

>> No.28604375

>>28604120
No point in explaining to fudders. Ill just wipe my tears with dollar bills while your methhead mom sucks me off for pennies

>> No.28604389
File: 42 KB, 871x375, DUMP.jpg [View same] [iqdb] [saucenao] [google]
28604389

>>28603944
Don't worry. Emin's got a big old dump in store for you from the folks who bought at 30c

>> No.28604453
File: 349 KB, 640x480, 2C05BFD8-4D01-4BD9-AA5B-BD180C49009B.jpg [View same] [iqdb] [saucenao] [google]
28604453

>>28604250
Imagine falling for FUD by someone who takes things seriously on the internet

>> No.28604460

All that money will pour into Fantom

>> No.28604562
File: 61 KB, 558x544, 1610187035728.jpg [View same] [iqdb] [saucenao] [google]
28604562

>>28604319
>>28604375
Buy more "tnx for the dip fudders"

>> No.28604578

OH NO NO NO NO

A DOUBLE SPEND ON ELEET HAXOR'S BLOCKCHAIN??

OOOHH NOO NOO NOO NOO

>> No.28604601

thanks for the tip just brought more

>> No.28604701

Unironically buying as much as possible with all this fud. Strong buy signals.

>> No.28604932

>>28603541
Or you could look at it for what it is: Avax rushed this out to try and establish themselves as the pemier alternative eth and it went horribly wrong. Fantoms going to bury Avax next week.

>> No.28604960
File: 122 KB, 1300x1004, 1613081183714.jpg [View same] [iqdb] [saucenao] [google]
28604960

Honestly, the way the team handled this is extremely concerning. I sold when I heard this news and was planning on buying the dip, but not sure anymore.

>One small mention on twitter when wallet and transactions were down
>Continued to promote partnerships
>"Minor bug" with "low probability" that the team was aware of but decided to not fix
>Little explanation as to why and how wallets and blockchain taken offline (sounds like centralization to me...)

>> No.28605072
File: 100 KB, 304x254, speachless.png [View same] [iqdb] [saucenao] [google]
28605072

last but not least

>"client side" bug that somehow resulted in double spend

>> No.28605204

>>28604960
The team barely uses Twitter (a pity), but they are very active on Telegram and Discord.
They never said they were aware of it, they said it wasn't possible to predict it in the testing environment

>> No.28605213
File: 247 KB, 498x528, 605E2798-1051-40F2-82E8-0B82FBD9067D.png [View same] [iqdb] [saucenao] [google]
28605213

>>28602394
That’s what happens when you put anything in production without formal verification, Charles and co figured it out

Get on the ada rocket we’re going to fucking Mars

>> No.28605236

>>28604960
AVAX team shattered all credibility with their damage control. Downplayed it as a API issue, then client bug/UI issues instead of coming out and saying it. Also started deleting blocks. That kind of dishonesty means it won't recover. Bitconnect 2.0

>> No.28605354

>>28605236
They did not delete blocks lmao that's impossible

>> No.28605365

>>28605236
but deluded avax holders will say "noooooo you're fudding because you couldn't get it cheap" in defence

>> No.28605415

>>28605354
Explorer didnt show the affected block after people had taken screenshots

>> No.28605433

>>28605354
From avascan, you twat. They made transactions go poof

>> No.28605449
File: 202 KB, 1260x1064, 404.png [View same] [iqdb] [saucenao] [google]
28605449

>>28605354
Yeah they didn't but they deleted the transaction from the explorer. It was visible on the official one at first until people started talking about it, then it suddenly disappeared while it was still visible on the third party explorer.

>> No.28605550

>>28605354
https://avascan.info/blockchain/c/address/0x0a99c32AFFAEc0a697D4CB4bf660Eeddcf432c21/transactions
Here it is on the community explorer.

https://cchain.explorer.avax.network/address/0x0a99c32AFFAEc0a697D4CB4bf660Eeddcf432c21/transactions

Here it is on the team one. It used to show all the tx's, now it only shows 3.

https://explorer.avax.network/tx/iWd83KayghBQYNERXem3nW8ifFjJsR66NwWcAR6uZavKFWthq
Still shows on their X chain


It's not impossible, you're just doing terrible damage control you turk roach FUCK.

>> No.28605551

>>28604932
Hahahahahahaha. What a good morning laugh

>> No.28605590

>>28603205
the fud is not changing you idiot, we said it might be a double spend. On the other hand

nobody trusts /biz/
anon photoshopping
single explorer error
general UI error
eth is not real
front end error
minting error <- you are here
double spent

>> No.28605683

>>28605550
Yeah they did not delete the block, they edited the UI, you can't delete a block without a hard-fork

>> No.28605825
File: 34 KB, 618x476, IMG_20210211_130257_744.jpg [View same] [iqdb] [saucenao] [google]
28605825

>>28605683
COPE!!!!
>Yeah they did not delete the block, they edited the UI
So basically
>it's okay that they're actively trying to lie to the community to make sure people don't panic. It's for your own good!
Post nose NOW moshie

>> No.28605874

>>28605683
You're right, as I showed in >>28605449
This is censorship however, they are trying to hide the information which is supposed to be publicly available in a public network. They lied about it being an API problem, then UI/Explorer bug, and now they are saying its a "minting bug" when in fact it's a double spend. It's just extremely dishonest, manipulating and incredibly bad from their team, you can't deny that.

>> No.28605926

>>28605550
Lmaaaao

Biz investing in these Ahmeds and doing damage control for them here. This is a new low

>> No.28605998

>>28605825
I never said that, I just said that they did not delete the block like some anon said

>> No.28606052

>click on twitter link
>ctrl+f "double spend"
>0 results

Never change, /biz/

>> No.28606082

>>28606052
kill yourself

>> No.28606105

>>28605998
I meant it figuratively you fucking autist. Meaning they memory-holed transactions from avascan. You have no defense the teams' dishonesty so you're falling back hard on correcting something that was correct. COPE

>> No.28606188

>>28606082
No, YOU kill yourself.
You got priced out.

>> No.28606449
File: 72 KB, 1280x720, IMG_20210213_092725_391.jpg [View same] [iqdb] [saucenao] [google]
28606449

>>28606188
Why is your only response to these allegations "lol fudder ur priced out"? Why do you guys never say anything organic, never actually make your own points, never actually refute anything posted here and on TG?


Is AVAX the ultimate NCP reddit coin?

>> No.28606516

>>28606449
>organic
>muh sources
>muh points
Go back.

>> No.28606536

>>28606105
I'm not trying to defend anybody, I just corrected you since what you said was NOT correct, no block was deleted. If you don't know what the words you use mean it's your problem

>> No.28606577

>>28606516
No YOU go back. You put your money with a fucking turkish roach, and now you're shocked you're getting scammed. Kill yourself faggot

>> No.28606608

>>28606536
Do you agree that the team lying and hiding information is a huge problem?

>> No.28606652

>>28606188
I take that back.
invest the rest of your savings in avax
tell your family and friends to do so too
you’ll price me out even more, lambo soon for you king

>> No.28606671

>>28606577
Go back to /pol/, faggot piece of shit.

>> No.28606795

>>28606608
I don't give a shit about the team I don't hold any tokens but if they lied and hid information then yeah, it's a problem obviously, but I don't like people talking about things that they clearly don't understand and being smug about it

>> No.28606857

>>28605213
Exactly. Bunch of script kiddies playing at bank. Will not end well. Already lost it's credibility.

>> No.28606917
File: 51 KB, 660x574, 1611097275964.png [View same] [iqdb] [saucenao] [google]
28606917

>network shitting the bed
>twitter silence
>damage control over double spend, endlessly trying to avoid admiting it
>biz bros told us from a day ago that it was a double spend but shills kept saying it is not
>can't deposit or withdraw from exchanges
>millions of tokens will be dumped from pre-salers that have now a fucking 100x

I'm getting out from this stinker

>> No.28606929

>>28606536
>Policing language on biz
That's some reddit tier shit. If you don't like people talking about what they don't understand, why don't you correct some of the midwits defending the AVAX team's lies?

>>28606795
Yes, you hold tokens. Now you're lying that you don't and seething about it.

>> No.28607011

>>28606577
Truth speaks.

>> No.28607241

>>28602394
Is this an ETH token or its own independent crypto?

>> No.28607251

>>28606917
dont forget about the 14 day locked staking on binance, it sold out in a day and all those people need at least 24 hours before to pull out before they can sell
sold my stack and went into LTO

>> No.28607326

>>28607251
I also unstacked 2 days ago to see how this goes down

>> No.28607336

>>28607011
>/pol/ speaks
FIFY.
Prove there was double spend. Post the etherscan address from the trade.
No proof? Then fuck off.

>>28607241
See, you are a newfag.

>> No.28607503

>>28604039
????? what are you even saying dude LMAO
anyone can burn tokens

>> No.28607805

>>28607336
There is no etherscan because the bridge is down, hmm I wonder why the bridge is down...

Here it is on the avax blockchain.
https://avascan.info/blockchain/c/address/0x0a99c32AFFAEc0a697D4CB4bf660Eeddcf432c21/transactions

Double spend has nothing to do with transferring to another blockchain you know?
If I duplicate my ETH and trade the duplicated ETH for LINK while keeping the original, is it not a double spend? Do I have to transfer it to the AVAX blockchain or another blockchain for it to be a double spend? No I don't.

He duplicated his 63.45 x7, got 444 AVAX, staked his original 63.45 and exchanged the remaining 381 for 10.4 wETH. Thereby double spending.

>Double-spending is a potential flaw in a digital cash scheme in which the same single digital token can be spent more than once
>>the same single digital token can be spent more than once
>>>the same token spent more than once
https://en.wikipedia.org/wiki/Double-spending

>> No.28607989
File: 131 KB, 1600x900, 1546224784143.jpg [View same] [iqdb] [saucenao] [google]
28607989

>>28607336
You're sweating so bad right now. It's pathetic to think guys like you are in this space trying to make a buck. Just for that, I will redirect my full attention toward ending AVAX.

What is it about brown people? They can dish out the shit talk but never take it in return. You are handling the situation like a child.

>> No.28608150

>>28604039
>its been burned from the supply
These sand niggers just make up shit as they go, don't they?

>> No.28608212

I hold and will continue to hold a shit ton of this. Yes there will be a dip. This was a fuck update. No, no one is going into a shit tier project like ADA,FTM or LTO. AVAX will come back. It just lost its momentum. Sucks, but it means it will take longer. That’s all. If you hold AVAX and are worried,that is fine similar projects (in the price range) to look at are DOT, ATOM . Both may also have issue like this,though. Shit happens.

>> No.28608222

>>28608150
It's premined, they burned it from their own holdings.

>> No.28608322

>>28608212
If it was supposed to dip, it would have dipped right now

>> No.28608379

Avax is 30 billion fully diluted it's kind of dumb when you could sell and get ftm which is faster and has been around longer for less that 1/2 billion diluted. Fantom has much more potential.

>> No.28608380

>>28607989
Delusional.

>> No.28608447

>>28608322
What hole did you just crawl out of? Liquidity is trapped on Pangolin and Binance deposits still aren't up last I heard.

>> No.28608473

>>28608379
>FTM
Not today, Ranjeesh.

>> No.28608548

>>28608447
What about everyone on binance that hasn't staked? Why hasn't everybody dumped?

>> No.28608561

>>28608447
When Binance opens, the price will go down by 40-50%. I'm going to buy a shit ton of it.
This FUD is very similar to the DAO hack, although in that case, the issue was worse.

>> No.28608670

>>28608379
>>28608380
>>28608222
>AVAX
Venture funding by Anderson Horowitz is enough for intellectuals such as myself to place you on the shitlist, okay 'pal?

>> No.28608732

Remember when LINK fucked up in September and an attacker stole 700 ETH and the entire LINK project died and all LINK supporters committed suicide?

Yeah, me neither.

>> No.28608736

>>28608561
You're losing your mind.

>> No.28608798

>>28608548
Are you kidding me? Those that could dump did already. It's down 22% from ATH when the network went down. Now there isn't enough buy pressure to overcome all the trapped liquidity. When (if?) the bridge opens up again, we're gonna see the floodgates open up.

>> No.28608812

>>28608561
>>28608473
>>28608380
Are you not gonna reply to this >>28607805 ?

>> No.28608824

>>28606188
>priced out
I sold at $55 and made 5x off your turkroach scam

You'll be cleaning my shoes in 2 weeks

>> No.28608916

>>28608473
>>28608561
Who is Mr. Professor at Twitter? The dude has the most punchable face.

>> No.28608970

>>28608561
This. Smart money isn't emotinally attached to their investment. Fully functioning, Pangolin's 0.001 cent transaction will eat away at Uniswap very quickly - it had every shitcoin I could find on /biz/. Developers will react to this slowly and AVAX - which has lost trust - will climb back up as retail investors switch on to it.

I made a 4x return and am looking for a good reentry price while immediately staking my BTC as collaterol for a long when the dump is over.

Waiting to see when the wallet transition happens will take ages. But it's a double edged sword - people will be dumping into a product that's now working as intended. The bounceback will be interesting.

>> No.28609002

What is the point of avax when uniswap and others just implement their own l2 solution on eth, then eth 2.0 just obsoletes its all?

Other than a pump and dump I mean.

>> No.28609074

>>28608561
This is likely not true.

anyone can already sell on any exchange that isn't binance.

>> No.28609146

>>28609002
L2 solutions are really not great. Firstly, using the ethereum bridge to avalanche is more or less equivalent to using a L2 bridge. And avalanche is faster than the ethereum bridge's and more scalable.

Secondly, there are several ethereum L2s and they are not composable with eachother which is a major issue.

Ethereum 2.0 could be several years away.

>> No.28609179

>>28609002
>ETH 2.0

Anon, I...

>> No.28609216
File: 10 KB, 255x239, 1612711383292-0.png [View same] [iqdb] [saucenao] [google]
28609216

>>28608670
>intellectuals such as myself

>> No.28609233

>>28604250
It is honestly funny. It's funnier still it's a blue-ticked account of a fucking cornell prof

>> No.28609367

If there were an actual double-spend the value would drop to near zero almost immediately.
I have no position in this coin.

>> No.28609442

>>28609002
To clone the success of the Asian and White Man. A shitskin vulture will do whats it its nature. The only question is how did they manage to win vc from Anderson & Horowitz. I suspect many of these shitskin projects are involved in money laundering. Turn that dark money into clean money through a proxy front.

Never trust a Turk.
Stolen land!

>> No.28609455

>>28608322
Ehh I don’t know. The FUD is only on Biz,so you could be right. I guess I am mentally preparing myself. Telegram and Twitter are fine and no one credible says this was a real end of life issue. A retrace, though is natural and healthy. If the Fudders were credible and wanted to kill the project (and could) they would post in Avax forums or in telegram where the devs are. They know that and since they aren’t well... additionally using double spend and pivoting to token unlocks.

Fudders please post in the telegram or Avax forums or even on Twitter. Let’s get this cleared up.if you are right it will be undeniable and I will take my losses. If wrong, please no more threads.

>> No.28609510

>>28609367
Not true.
I have no position in this coin.

>> No.28609573

>>28609074
Huobi is still closed for deposits and withdraws.

>> No.28609576

>>28609367
you are a brainlet
desposits are disabled
it can't drop because only people with funds on exchanges are able to sell

>> No.28609625

>>28609367
It will, but you cant transfer you avax out of the chain as of now so you cant sell unless you already have in on binance.
Also normies don't know about it, avax is only a popular coin among normies and they are swallowing all the avax lies about this being a "minting bug" instead of a double spend. Just look at the comments on emins twitter.

Look at how dishonest the team has been here. >>28599420

>> No.28609654

>>28609074
ETH-AVAX bridge is still down and people are locked into their stakes. What you've said means nothing.

>> No.28609711

>>28609233
>>28604250
A turko-goblin professor from cornell that won vc from Anderson & Horowitz. The most kosherized vc unit in SF.

Stay alert brethren.

>> No.28609839
File: 77 KB, 2560x698, 2560px-Andreessen_Horowitz_logo_stacked.svg.png [View same] [iqdb] [saucenao] [google]
28609839

https://en.wikipedia.org/wiki/Andreessen_Horowitz

>> No.28609850

anyone falling for this fud is a nigger

>> No.28609854

>>28609576
>desposits are disabled
deposits on okex.com are enabled

>> No.28610014

>>28609367
>If there were an actual double-spend the value would drop to near zero almost immediately.
it's peak mania they think it's going to pump so they don't sell
but wait, they can't sell
the devs locked their wallets on their centralized platform
and exchanges blocked avax deposits so you can't unload
it's going back to $3

>> No.28610062

there is no double spend lol, only minting bug , baseless fud

>> No.28610152

>>28609854
>DEPOSITS ON OKEX.COM ARE ENABLED
WOW NICE BRO, NICE, EVERYONE TRADE ON OKEX, RIGHT?
Right??? And no one has staked their tokens so everyone can move them! Everything is good in AVAX land always! Who cares about double spends, who cares about the team lying, who cares about anything, the price only goes up yeah!!!!!!! I'm a normie I don't care about anything I just follow whatever the team says YEAHHHHHHHHHHHHH

>> No.28610191

>>28610014
>to
what the fuck are you snorting bro ? wallet is operational and exchanges other than binance is working, actually most exchanges has been working without any halt

>> No.28610195

>>28609573
>>28609573
But not for sells you can sell it for fiat and buy another coin. You just cannot move it off exchange trading is not halted anywhere. Ok coin and others are open for deposit from wallet right now.And have been.

>> No.28610290
File: 35 KB, 550x422, pepe82195731526.jpg [View same] [iqdb] [saucenao] [google]
28610290

>>28610062
>no double spend, it was minting bug
1 Transaction split into 7 with the same ID, resulting in 63.45 AVAX turning into 444 AVAX where the original 63.45 was staked and the duplicated 381 was exchanged for wETH.
>Nah bro it was just a minting bug
Don't talk about things you don't know
>Double-spending is a potential flaw in a digital cash scheme in which the same single digital token can be spent more than once
https://en.wikipedia.org/wiki/Double-spending

>> No.28610375
File: 111 KB, 1266x653, avaxdouble.png [View same] [iqdb] [saucenao] [google]
28610375

>>28610062
>it's just a minting bug

>> No.28610385

I don't feel good frens

>> No.28610418

>>28610290
0.01 FTM has been deposited in your account

>> No.28610427

I'm on okex.com and locked out. AVAX is a scam! fuck this bullshit. There will be hell to pay!

>> No.28610761

>>28610290
bitcoin also had double spending then

https://news.bitcoin.com/bitcoin-history-part-10-the-184-billion-btc-bug/

More than once actually.

The protocol is 6 months old, problems like this are inevitable. I think the team handled it pretty well given the gravity of the situation. Avax is stronger today than it was a week ago.

>> No.28610845 [DELETED] 

>>28610290
>a minting bug
Okay, this is real bad. I can't believe I fell for this scam. I will never forgive myself for doing proper DD.

>> No.28610917

>>28610761
Not the same thing, read >>28594251
There has NEVER been a double spend on BTC.
Show me proof of just ONE double spend on BTC

>> No.28610926

>>28609455
No one likes to go and tell people in their face they fucked up and their shit sucks

>> No.28610948
File: 148 KB, 720x720, 1580873820464.png [View same] [iqdb] [saucenao] [google]
28610948

WTFWT AVAXCHADS????

>> No.28610985

>>28610290
>a minting bug
Okay, this is bad. I can't believe I fell for this scam. I will never forgive myself for not doing proper DD.

>> No.28611143

>>28610845
Nigger.

>> No.28611174

>>28610761
Um honey
>>28610917
BTC had illegal minting
AVAX had illegal minting

BTC never had double spend
AVAX also had double spend

Ouch

>> No.28611187

>double-spend
>FOMOfags literally locked in
>it's pumping again

This is the unFUDable coin. We are all gmi AVAXchads.

>> No.28611203

>>28602394
>>28602600
>>28602643
>>28602810
>>28603541
Avax is broken and the devs are incompetent and all, but trusting it as a financial platform or store of value is SKETCH AF... better for low-value IOT applications:
>non-history preserving consensus. i.e., if a 0 day exploit on VM-layer wipe out DAG storage, there is no longest chain rule to restore consensus state
>Nakamoto consensus + recursive snark BTFO avax scaling to infinity
>actors colluding 20% of avax staking power can put Tx on hold indefinitely (not as censorship resistant as Nakamoto)
>validator IPs are explicitly locked with staking power, possible issue regarding privacy and real-life attacks and double spends (which have already occurred for AVAX).

>> No.28611377
File: 111 KB, 1256x683, avax52390627.png [View same] [iqdb] [saucenao] [google]
28611377

>>28611174
Are you retarded?
You can view the fucking double spend here, it's not a fucking minting bug you moron. It's a transaction that DOUBLED, the DOUBLED avax was later SPENT by exchanging it for wETH. How dense are you?
https://avascan.info/blockchain/c/address/0x0a99c32AFFAEc0a697D4CB4bf660Eeddcf432c21/transactions

>> No.28611467
File: 406 KB, 1386x1468, 20210213_171916.jpg [View same] [iqdb] [saucenao] [google]
28611467

>>28611203
C'mon man, you finally have some good fud. Why resort to this copypasta?

>> No.28611553

you bitches will come back to us once we are at 1000$ at the end of the year
avaxbros, stay strong

>> No.28611574

It is still the FIRST bridge for ETH and DeFI. Issues like this are expected to happen.
What about ADA? Years of promises and dont even have smart contracts.
And what some have said is true. Although deposits are locked, people with funds inside the exchanges could dump easily. And nobody would buy if there was double spending.
Price is not dropping, its over for the plebs, they are priced out.

>> No.28611801
File: 97 KB, 625x783, 1517659640540.jpg [View same] [iqdb] [saucenao] [google]
28611801

>>28609573
>>28611143
Bro, I need 300 AVAX to make this right. It's a reasonable consolidation considering the harm I was caused. I'm so distraught at what happened. This will bring peace and healing.

X-avax1g24w7rfz42t6x7lwskluq852lam4vgwv8r7jrk

>> No.28611813

>>28611377
I said so you retard this is worse than a double spend

IT IS BOTH A DOUBLE SPEND AND ILLEGAL MINTING
TWO BUGS ONE COIN AT THE SAME TIME MAN

>> No.28611815

>>28611574
>first bridge to ETH in DeFi
Ask me how I know you’re out of your depth.

>> No.28612169
File: 42 KB, 640x633, pepe2.jpg [View same] [iqdb] [saucenao] [google]
28612169

are avax fags actually pretending that a double spend isn't a big deal? top kekk

>> No.28612362

>>28612169
lmao i think they can't sell yet

>> No.28612408

>>28612169
>>28612362
They just want to be the first to sell so they tell others HODL this is but a scratch

meanwhile Im already out lol bitfinex is finally useful

>> No.28612500

>>28604039
It was burned from the Foundations supply.

>> No.28612541

>>28603541
>stopped by the uber chad network automatically before it could get worse,
That's actually very bullish. The network handled its first anomaly very gracefully, considering the complexity of the consensus algorithm. Avax will make it.

>> No.28612682
File: 79 KB, 680x441, 815.jpg [View same] [iqdb] [saucenao] [google]
28612682

>>28612541
No one is gonna buy your slimy muslim bags once they get out of your bricked exchange

Your shitcoin is dead, accept it turkroach

>> No.28612732

>>28602651
Nice comeback... what they said is 100% true even if you're too dumb to understand it.

Also if you cant see how AVAX price taking am almost DAO-level bug this well is bullish af long term you are absolutely retarded.

>> No.28612855

>>28603960
Discord community manager retards lying is not confidence inspiring but within expectations. The transactions being deleted from official explorer is worrying

>> No.28612995

>>28602600
>You can recover from a client code error. You cannot recover from a consensus mechanism error. AVAX bug was a client code error, Neck yourself and livestream it you post the same thread every 15 minutes.

Oh so its a religion.

>> No.28613119

>>28603960
> What's more worrying about this exploit is how the team tried to cover it up by deleting the transaction on their block explorer and telling people it was an error with the explorer

>>28612855
> The transactions being deleted from official explorer is worrying

Can anyone even trust that 80% of the stake is not actually owned by these people under false identities and pretend nodes?

Centralized shitcoin in the hands of Emin and friends.

>> No.28613380

avax fags are more fanatic than dogeretards. you cant't win OP

>> No.28613654

>>28612995
Holy shit... so you can actually dupe coins like we used to dupe swords and shields in MMO games.

>>28611143
Let me see that peace offering, brother. I'll make it go away. In fact, I'll be your biggest supporter.

>> No.28614025

Praise Emin

>> No.28614202
File: 155 KB, 1518x946, 67857567567.jpg [View same] [iqdb] [saucenao] [google]
28614202

>> No.28614325

It becomes awfully quiet.

>> No.28614583

>>28610761
The order was sent to break communication.

>> No.28614819
File: 16 KB, 400x400, 1612414209602.jpg [View same] [iqdb] [saucenao] [google]
28614819

>>28611143
So, I run a news network with 2.8 million monthly readers. Sharing a little about myself. Since we can be good friends in the future. >>28611801

>> No.28615120

>>28609654
Cope more poorboy, you’re priced out

>> No.28615302

>>28612732
yeah bro super bullish

See you in valhalla

>> No.28615419
File: 54 KB, 714x479, D4D0B497-92A4-44DB-BC5E-269E7D9D37FC.jpg [View same] [iqdb] [saucenao] [google]
28615419

They call me Kebab Gün. I'm the king of the AVA Jeets.
When I shill the Avalanchas I go chick-chicky-boom, chick-chicky boom
Yessir, I'm Kebab Gün. In the craze of my AVAX greed.
When X start to C, everything goes chick-chicky-bugged, chick-chicky bugged
The fudderinos they sing and they swing with Avalanchies-
It's very nice, sell market price.
And when they fud in they bring a happy meme that I sell gyros-
Swingin' AVAX, all the day long.
So if you like AVAX, take a lesson from Kebab Gün
And I'll teach you to chick-chicky-boom, chick-chicky-boom!

>> No.28615617
File: 8 KB, 225x225, 1613193805908.jpg [View same] [iqdb] [saucenao] [google]
28615617

>just a UI issue
>just a API issue
>just a client issue
>Not a double spend
>"Stay poor fags"
I'm dying. Please stop shills. I can't laugh anymore.

>> No.28615820

>>28615617
Its fixed, no funds were lost and some people even got free money out of it.
Consider how bad it could have been
,we had extreme luck.

>> No.28615906
File: 98 KB, 754x1064, alts.jpg [View same] [iqdb] [saucenao] [google]
28615906

>>28615419
Anyone else finds it odd OKCoin has almost no alts on its platform. Get the sense these guys own both the exchange and the coin. Do you know? Why not build it all so you control it all. I mean who the fuck only has 6 alts at their exchange?

>> No.28615907

>>28615820
>people even got free money out of it
>we had extreme luck

The absolute delusion of bag holders.

>> No.28616098

>>28615820
I'm less concerned about the bug and more concerned with how the whole situation was handled. Comms was shit. Everyone was doing damage control instead of being transparent. This also revealed how shit the actual code is and the complete lack of testing for critical pathways. This won't be the last time this network is bricked for days. Only moonbois can't see this.

>> No.28616444
File: 103 KB, 643x638, 1520151660901.jpg [View same] [iqdb] [saucenao] [google]
28616444

>>28609839
Someone check if Andreessen & Horowitz owns OKcoin.com (which sells AVAX among 5 other alts) These guys have a lot of fear. Wherever there is fear... something is being hidden.

>> No.28616556

>>28616098
Avalanche is unique. It doesn't even matter how bad the first implementation is.

>> No.28616575
File: 281 KB, 704x392, roachcoin.png [View same] [iqdb] [saucenao] [google]
28616575

>>28602394

>> No.28616607
File: 75 KB, 482x427, EUuZk9UWsAAo1Ur.jpg [View same] [iqdb] [saucenao] [google]
28616607

I don't feel good frens

>> No.28616663

>>28616556
How is it unique?

>> No.28616867
File: 237 KB, 528x431, 63D67849-EB57-4FE3-8587-7A1DFDD05B8F.png [View same] [iqdb] [saucenao] [google]
28616867

If it’s a client code error doesn’t that mean that if someone creates a custom client he can replicate the error?

>> No.28616994
File: 62 KB, 1024x576, 5fc353852e58c158df4a2bab3c45d33c713438c6_hq.jpg [View same] [iqdb] [saucenao] [google]
28616994

>>28616663
I'm not going to do your own research. Sorry donkey.

>> No.28617110

>>28616556
Umm... No? There are plenty of other DAG chains. Besides that it's literally a fork of Geth.

>> No.28617182

>>28616994
Yeah sounds like you haven't done your own research. Otherwise you would know the concept is hardly unique.

>> No.28617359

>>28617110
>anon thinks avax is a fork of Geth
Enjoy staying poor donkey. :)
>>28617182
As expected, your intelligence is so low it would've been a complete waste of time writing any ineligible answer to you.

>> No.28617404

>be AVAX
>septuple spend occurs
>CEO posts about it
>still up 140% on 7d
kek

inb4 binance deposits closed
inb4 everybody will dump
at worst it will crab 40-50 range for a few weeks.

also doublespendanon if you read this I was the first guy to look at your post yesterday and get the ball rolling. congrats on your free $20k.

>> No.28617610

>>28617359
>fell for the marketing
>thinks Avalanche isn't a fork of Geth of the user layer
>"stay poor fag"
You shills all sound the same. I bought AVAX at $3 and sold at $55. Bite me. The writing is on the walls avafag.

>> No.28617631

>>28617404
>be shill
>try to find the next flaw about avax in order to fud it
>actually end-up helping the network being more secure
ftm golems are so funny

>> No.28617753

>>28617610
You're going to look stupid when it moons to $70 end of month though.

>> No.28617761

https://twitter.com/avalancheavax/status/1360393423694548997

>> No.28617868

>>28617359
I see why you would buy Kebab, but seriously a Turkish blockchain..

>> No.28617883

>>28617610
>she thinks $55 is the wall
You don't understand anything about what the future might look like. You're just flipping tokens and gambling your life savings while hoping it hides your ignorance. You're lucky it's almost impossible to lose money into crypto while fiat is falling, but when the flippening will be hover, the selection will start and you will be nothing. :)

>> No.28617904

>>28615907
are you one of these newfags fresh off the boat or something?
usually a bug in crypto costs you hundreds of millions of dollars.
this was just 40k.
insane how lucky we got this time.

>>28616098
it was alright, they had all hands on deck and fixed the bug relatively quick considering how complex of an issue it is.
>This won't be the last time this network is bricked for days.
there is no way to know. overall its good software and it worked flawless for 5+ months.

>> No.28617932

>>28617404
>>28617359
Ever notice people of color are horrible under pressure? They literally respond with immediate low-brow aggression, opposed to higher more matured governance.

>> No.28618031

>>28617753
Oh yes. I look so stupid with my locked in 20x profit. Enjoy the ride down.

>> No.28618075

>>28617932
Nigger.

>> No.28618136

This wouldn't have happened with a formally verified node.

>> No.28618148

>>28617868
I'm vegan.
>>28617932
Doesn't mean they are evil or having dishonest intentions. It's probably hard to smoothly handle communications of a multi-billion platform when you don't have much confidence in yourself from all the racism spam you get everyday.

>> No.28618277

>>28617932
the problem is there is a huge IQ gap in crypto, especially now with all the newfags that are easy to bait into centralized shitcoins like ADA, radix, Polkadot etc.
basically everyone fudding AVAX is a low IQ newfag that will very likely lose all his money in these shitcoins I mentioned.
>>28618031
staking ratio actually WENT UP to over 80% now.
People arent planning to sell, they are delegating or staking or using their AVAX in the LP pools on Pangolin.
once the bridge is open again the ride up will continue.

>> No.28618404

>>28618136
bugs happen and then you deal with it, the way they did it was good as the problem got resolved and no funds were lost.
where newfags gotten the idea from that software is flawless?

>> No.28618419

>>28618277
You do know close to 70% of the staking is operated by the devs right? You're delusional. It's like you guys don't even have brains.

>> No.28618438

>>28602600
A client error wouldn't have been able to mint new tokens.

>> No.28618453

>>28618075
Listen, professor... you're out of touch. There is a failure to understand who it is you're dealing with right now.

>> No.28618599

No one talk about it on the telegram because admin in official and unofficial are the same and they ban you from both at the first critic post

>> No.28618624

>>28618419
this
supply is completely centralized so the entire security relies on the team bags
and it's obviously a long term scam, since they will be unloading their bags forever
ripple is still dumping since 2013
avax will not be different

>> No.28618635

>>28618419
more nodes are launched everyday and everytime a node goes up at least 2k AVAX is staked and this trend isnt slowing down.

>> No.28618697

>>28618277
Ada and dot a not centralized. Higher numbers of nodes doesn't necessarily lead to higher decentralization (even if ada has more nodes anyway). As long as the network is permisionless and have low reward centralization, it's fine.
>>28618624
ok donkey

>> No.28618718

>>28618419
um... frens?

>> No.28618741
File: 9 KB, 470x264, IQ.jpg [View same] [iqdb] [saucenao] [google]
28618741

>>28618277
>Unironically complains about the IQ gap he is contributing to from the far left of the mean.

>> No.28618906

>>28618718
Nobody told me that the team hold 70% of supply for themselves...

>> No.28618922

Also on another note if you weren't a /pol/tard LARPer and actually interacted with Turks and Arabs in real life you would know they are some of the most kind and friendly people around that still hold all the traditional family values that you neckbeard incels dream of. And I say that with a 100% white Prussian genes that shits on all kinds of races.

inb4 post nose/skin color/23andme everybody who doesn't get their political views from an anonymous internet forum and interacts with people in real life knows this.

>> No.28618937

>>28618624
>since they will be unloading their bags forever
most AVAX is staked to run nodes or delegated to nodes and despite unlocks and this bug this trend continues.
>>28618599
the problem was solved and a detailed blogpost will follow.
what else do you want? lmao
>>28618697
>Ada and dot a not centralized
they are tho and they have many other problems resulting from this.
this is why these projects are going nowhere.
>Higher numbers of nodes doesn't necessarily lead to higher decentralization
only if all the nodes participate in consensus like on Avalanche it is decentralized.
in ADA or DOT not all nodes are participating in consensus.
also DOT has only 10 validators and thats as centralized as it gets, ADA isnt much different.
>>28618741
t. low IQ newfag

>> No.28618987

>>28618599
Not shocking considering the dialogue happening here. We've had a chance to see the character of these goblins in action today.

>> No.28619099

>>28618906
It's proof of stake. Who control majority of coins, controls the network. I'm talking with myself, but fuck, that's scary...

>> No.28619106

>>28618922
most Turks are fucking garbage, Emin is the rare one who isnt. same as Sergey who is probably the only Russian who is able to work precise.
Also Avalanche isnt a one man project.

>> No.28619134

>>28618277
AVAX shut down by central command for 2 days
AVAX 80% of nodes on central entity
He calls other coins centralized

ngmi virgin

>> No.28619171

>>28610418
3 turkish roach coins have been deposited in your left hand
>The anus must be washed with water using the left hand with an odd number of smooth stones/pebbles called jamrah or hijaarah

>> No.28619207

>>28619106
Most people in general are fucking garbage.

>> No.28619223

>>28617883
No. I'm just playing a different game than you. When you have millions you get pretty fucking comfy with a 10x. I'm not looking for moonshots. I don't understand why you fags get so rock hard for a single coin. Learn to diversify. You have to once you get rich.

>> No.28619244

>>28619099
This is the last time I fell for shills on biz without doing my own research...

>> No.28619289
File: 355 KB, 720x572, 1612119280143.png [View same] [iqdb] [saucenao] [google]
28619289

Reminder, until Binance reopens deposits, this token is buy only mode, as no bagholder can dump. And even with those restrictions, still bleeding out. Be prepared for a gigantic red dildo the minute it reopens

>> No.28619315

>>28619134
>AVAX shut down by central command for 2 days
AVAX was shutting itself down. read up on it and how it works bro. seems like you are a laggard when it comes to buying and a laggard when it comes to news. if you lag behind everyone else like that you wont make it.
>AVAX 80% of nodes on central entity
wrong. there arent that many foundation nodes.
>He calls other coins centralized
because its true. at some point you will have to learn and like it looks now its going to be the hard way.
>ngmi virgin
already made it tho.

>>28619207
thats true

>> No.28619322

>>28618937
Low number of validators in DPoS rounds doesn't mean the network is centralized, censorable or vulnerable to double spending. The network is permissionless, it's all that matter. You're making short-sighted assumptions of what decentralization is. The pretty bad distribution of avax is actually even more problematic here.
>>28619099
You can't steal other people funds no matter how big your voting share is. You can attempt double spendings though, but I doubt the foundation would attack its own network since it would drop the value of their own assets.

>> No.28619330

>>28618624
This
Centralized
Long term scam
Passive income only for founders and friends
"private seed sale" lol

These same people then have guts to say democratic and fair distribution

>> No.28619350

>>28617904
You mean before it actually had to do any real processing? Okay champ

>>28618635
That doesn't matter since the dev team holds so much of the supply. All those tokens that are locked for years? Those are stakeable today.

>> No.28619477

> Bug
sucks, but may be forgiven.

> Lies about a bug
suck and won't be forgiven.

I can't wait to see the official postmortem for this.

>> No.28619489

>>28618922
Checked. Couldn't agree more. Fudding AVAX cause CEO is a Turk appeals mainly to low IQ grugs. Substance of the double-spend fault should not be overlooked, though.

t. Gringo currently learning Arabic.

>> No.28619518
File: 60 KB, 555x574, f8d024c112082df2d677cb032c7db3e275135920.jpg [View same] [iqdb] [saucenao] [google]
28619518

White people are the only race that can handle criticism. Perhaps this is a fault in some ways. Look how the West has been taken advantage of so badly. On the flip side is does lead to more transparency and an honest society. Brown people literally cannot handle criticism. They chimp out. We see this phenomenon occurring here today...

>> No.28619636

>>28619315
Dude I run a node I didnt shut it down. My node didnt have any problems.
The majority of stake just stopped answering to vote on blocks instead voting to reject all blocks!
That was manual intervention the rejected blocks was way after the mint and double spends

It cant be more centralized than this

>> No.28619668

>>28619322
>Low number of validators in DPoS rounds doesn't mean the network is centralized
centralized shitcoiner cope lol
>>28619289
Binance isnt the only exchange and nobody is selling.
Staking Ratio is actually going UP. Bridge about to open any moment too.
>>28619350
>You mean before it actually had to do any real processing?
It did real processing, more than 800 nodes in a fully decentralized system is already an accomplishment.
>That doesn't matter since the dev team holds so much of the supply.
which is all staked or delegated to nodes.
sure they will sell some to have funding, so what?

>> No.28619756

>>28619223
It's okay, I'm just joking. When you have enough money to work on your own personal project, I don't think there is a point chasing moon missions anymore, unless this is what you like to do.

>> No.28619823

>>28602394
lmao get btfo by ADA LMAOOOOOOO

>> No.28619894

>>28619518
>White people are the only race that can handle criticism.
>REEEE EVERYONE WHO IS NON-WHITE IS A DISGUSTING SUBHUMAN
lmao

>> No.28619897
File: 89 KB, 1165x635, cantbestopped.png [View same] [iqdb] [saucenao] [google]
28619897

>>28618277
>centralized shitcoins like ADA, radix, Polkadot etc

Here's coins ranked by decentralization/staking

AVAX is not decentralized because they blocked wallet withdrawals and staking withdrawals, they are a centralized shitcoin. Could you sell 48 hours ago? now you know what you're buying

>> No.28619909

>>28619322
I just wanted trustless network. It's nor trustless or decentralized... I don't trust foundations or CEOs... I thought this was the point of Bitcoin and cryptocurrencies in general to give power back to people...

>> No.28620042

>>28619668
>centralized shitcoiner cope lol
whatever you believe, but then explain one attack vector that could be used in ada ourboros in order to create a double spent?
This is what happen:
1. publish A and B, two conflicting Tx
2. get selected in a block round, vote for valid Tx (chose A)
3. *not get selected in next round* (can't vote for B anymore fuck!)
It's that simple. You just don't like ada, you're not trying to think honestly about it.

>> No.28620160
File: 31 KB, 500x370, 1483970705387.jpg [View same] [iqdb] [saucenao] [google]
28620160

>these are the "people" you trusted your money with
Just short this shit and make some money on the way out.

>> No.28620199

>>28619636
the network protected itself with this slow down and all problems were fixed.
then the upgrade rolled out and node operators updated it in a matter of a couple hours and all is good now.
>>28619897
all I see is Ethereum and AVAX lumped into a List with centralized shitcoins.
>AVAX is not decentralized because they blocked wallet withdrawals and staking withdrawals
the network had to do this otherwise the bug could have been worse.
its not a centralized decision and it wasnt emin that pulled the plug.
>Could you sell 48 hours ago?
I dont plan to sell anytime soon anyway, I'm not retarded.

>>28619909
>I thought this was the point of Bitcoin and cryptocurrencies in general to give power back to people...
lol, Crypto is (((their))) invention, it has nothing to do with giving you any power and was never supposed to.

>> No.28620242

>>28619489
True and I would rather go by official updates and look at prices than to listen to the retarded pajeet newfags posting here. I don't like how the tx got removed from the explorer immediately after I started posting on discord, but I'm willing to accept there were reasons. Other than that I think this is being handled okay and the network performed well under the circumstances.

>> No.28620259

>>28619909
>It's nor trustless or decentralized.
Well, turns out it's VERY hard to do. People naturally collude together, seek structures that protect them or make them rich. Most people are honest in the short-term, but in the long run all dishonest things that can be done will be done.
Just look how bitcoin mining pools are centralizing the governance around them to prevent the network from evolving to Proof-of-stake. Things like this will happen in every crypto, including avax, if it's not seriously considered.

>> No.28620282

>>28620042
>but then explain one attack vector that could be used in ada ourboros in order to create a double spent?
Its a centralized shitcoin, it doesnt have double spends because they can just restart the 2 servers and its fine.

>> No.28620415

Why cant I withdraw from Binance to my AVAX wallet though? Just pumped in another 2k to buy the dip but its stuck here? Liquidity? Binance don't own enough of this?

>> No.28620419

>>28619668
The point is that the argument of "77% is staked bro. It can't crash!" is false.

>>28619756
Respect. I just want to have real discussions about this shit instead of tribalism. I think Avalanche has a bright future but a lot to learn. Depends on if they get their shit together or not. In the short term, definitely ba sell for me

>> No.28620492

>>28620415
They probably just haven't been arsed to enable after the explorers wen't down the other day. But yeah, could be liquidity issues as well.

>> No.28620517

>>28620415
because CZ is a nigger that has been fucking around with the withdrawals for a long time now.
If you can buy on gate.io instead.

>>28620419
>"It can't crash!"
and it didnt crash, it only slowed down.

>> No.28620653

>>28619289
you can sell on pangolin if you want. current going price is 45 usd. If your right then prices would be lower on pangolin no?

>> No.28620684

AVAX is garbage. Some dev in here exposed them yesterday and AVAX shills got mad af, started insulting him n shit.

>> No.28620685

>>28620419
Markets don't react to news days later. Nobody is going to panic sell if the price has been holding for days.
If you think otherwise then short it and post proof.

>> No.28620770
File: 35 KB, 475x538, I dont feels so good.png [View same] [iqdb] [saucenao] [google]
28620770

>>28620653
They are

>> No.28620789
File: 18 KB, 1120x125, Screenshot_2021-02-13 Cardano Stake Pools.png [View same] [iqdb] [saucenao] [google]
28620789

>>28620282
They can't. It's a permissionless network. Just admit you don't like ada, no matter what is explained to you.

>> No.28620795

>>28620517
Are you paying attention? I'm talking about the price.

>>28620685
Funds are currently held hostage. You can't actually believe this.

>> No.28620889

>>28620684
What did he say?

>> No.28620952

>>28602394
oh fuck my life.

It was such a promising coin, too.

>> No.28621026

>>28620789
Pools arent Validators.
sorry bro its centralized shit and you need to sell fast or watch your money melt away like ice in the sun.
>>28620795
I dont give a shit about the price because I understand the tokenomics and whats going to happen soon.
>>28620952
its still promising, bugs were fixed and no damage was done.

>> No.28621060

>>28621026
they why aren't they allowing people to buy?

>> No.28621101

>>28620889
I don't know man it was too technical for me but the guy sounded very objective and all the shils just threw insults at him

>> No.28621103

>>28620795
Nothing is being held hostage. The chain is up and you could sell it if you wanted on plenty exchanges.
And even if, derivate prices don't deviate from spot prices.

>> No.28621125
File: 139 KB, 320x320, cardanohameha.gif [View same] [iqdb] [saucenao] [google]
28621125

I guess formal verification and peer review isn't a meme after all.

>> No.28621138

>>28620795
Only binance, you can withdraw on gate.io

>> No.28621143
File: 17 KB, 220x309, 220px-Raheem_Kassam_by_Gage_Skidmore_2.jpg [View same] [iqdb] [saucenao] [google]
28621143

>>28619909
>I just wanted a trustless network. It's nor trustless or decentralized..
Silicon valley inside baseball helps you understand whats happening and more importantly, by who. An entity such as...
>https://en.wikipedia.org/wiki/Andreessen_Horowitz
being involved with the devs is all I needed to know this project is about as for removed from "the people" as possible. To be clear, Andreessen Horowitz is like the Goldman Sachs of VC in Sillon Valley. So... big bankers

>> No.28621311

>>28621060
because there isnt enough AVAX on binance lmao. CZ is a laggard and missed this one.

>> No.28621380

>>28621125
cardano is still vaporware

>> No.28621386

>>28621026
Pools are validators selected in randomized rounds. It's literally impossible to generate a block, go back in time and revert it, even if you had the majority of the voting power of a single round group (since you would need the majority of the whole network to sustain the chain fork).
>>28621101
Do you remember even vaguely? Or maybe the post link/id

>> No.28621391

>>28608447
pangolin is working perfectly fine. If you were right price on pangolin would be lower no? If people really were trying to unload, they would unload on pangolin. But the price is the same.

>> No.28621400

>>28621311
>because there isnt enough AVAX on binance
Do they get delivered by truck?

>> No.28621486

>>28621391
The ETH-AVAX bridge is NOT operable yet and there is not enough liquidity for people to unload on Pangolin. This is not hard to understand.

>> No.28621499

>>28603910
I love this cope. I see it all the time, moving the goal posts

>> No.28621523

>>28621026
Ohh. I get it. We're different types of investors. My bad. I like to sell during bull markets and buy during bear markets. Buy and hold is a strong strategy too if you only like playing one side. I wouldn't have made as much as I have by doing that though.

>> No.28621589

>>28620770
you don't need binance to sell then. Just unload

>> No.28621596

>>28621386
maybe this one?
>>28549326

>> No.28621614

>>28604960
Bruh their website is 100% tokenomics 0% technicals what do you think they're doing

>> No.28621621
File: 260 KB, 2182x1243, Hmm.png [View same] [iqdb] [saucenao] [google]
28621621

If we drop below 44, then it's not looking good. Next support would be 31.

>> No.28621683
File: 187 KB, 847x793, 1612667084927.jpg [View same] [iqdb] [saucenao] [google]
28621683

>>28621391
You do realize tokens on pangolin are wrapped right? They're not real. They don't become real until the ETH bridge reopens. You don't know what disaster is coming, but if you were smart, you'd get out now on OKCoin and salvaged whatever gains you've already made.

>> No.28621771

>>28621386
>At the moment, Cardano is a federated system, where IOHK, Emurgo and the Cardano Foundation are in control of the ecosystem as a whole — including all current stake pools.
In other words: Centralized Shitcoin.
>>28621400
80% of it is staked or delegated to nodes, rest is gonna flow in the DEX to farm insane 1000% APY.
>>28621523
Bull market isnt over and AVAX is only 5 months old and lots of things are coming next couple weeks.
why sell it?
>>28621614
>0% technicals
>literally too stupid to find the whitepaper on the website
lmao

>> No.28621794

>>28621523
Time is valuable anon. Imagine all the things we can make when we don't have to watch the price all days! You can also work on your skill and become proficient in math, science, art among other things. I don't think long-term hodlers should be mocked.

>> No.28621799

AVAX is safe. If you cant send to binance, the fault is on binance. You can send between two wallets already, the bug was fixed. They are still testing the c-chain. Nobody said a bridge would be easy. Remember this is the first time this is tried in DeFI, so AVAX is a groundbreaking project.
Anyone falling for the fud is a doublenigger.

>> No.28621802

>>28620199
>the network protected itself with this slow down and all problems were fixed.
Do you realize what you're saying? You claim the network knew something was wrong, why didn't it stop the double spend or the "minting" as you call it? Why did it just halt the network?
Do you see the fallacy?
>I know about the problem, but I don't solve it

>> No.28621805

>>28621683
once the eth bridge reopens we are shooting to 60 dollars and beyond

>> No.28621845

>>28620770
its 2 dollars cheaper...idk there is def some inflation of the price on CEX's but people claiming 50 percent loss are just exaggerating to cause panic.

>> No.28621920

>>28621802
>Why did it just halt the network?
so the problem doesnt snowball into an avalanche.
>I know about the problem, but I don't solve it
the bug was fixed already and no harm was done. funds are safu

>> No.28622060

>>28621920
Cope. The network never protected itself, it fucking crashed because it couldnt handle the load. There was no safety mechanism. If it knew those transactions were invalid it wouldn't allow them, but it did.

>> No.28622100
File: 37 KB, 766x187, wtf.jpg [View same] [iqdb] [saucenao] [google]
28622100

Is this supposed to reassure my faith in avax? lol

>> No.28622159

>>28621845
I'm not gonna risk my funds interacting with untested app like pangolin. There's too much risk involved. I'm waiting for Binance to open deposits again.
There are more like me...

>> No.28622173

>>28622060
how is it cope that we got the best possible outcome out of this bug situation?
Network was patched and nobody lost anything.

>> No.28622232

>>28622060
You're just wildly speculating dude, it's almost schizo tier.

>> No.28622272

>>28622159
>I'm not gonna risk my funds interacting with untested app
and this is why you will stay poor.

>> No.28622295

AVAX Avalanche
Release Date:-
Distribution Amount: 720000000
Circulation Amount: 76937055
Crowdfunding:-
Website: https://www.avalabs.org/
Whitepaper: https://www.avalabs.org/whitepapers

>> No.28622328

>>28621596
It's just a bug in the node code that got fixed. It's not really a strong fud (might affect the price short term but not really relevant).

>> No.28622352

>>28622232
its all he has, how else are you gonna try and stop the avalanche before it murders your entire portfolio?
its like one retard with a shovel against 500k tons of snow rolling down a mountain.

>> No.28622471

>>28622328
I mean, its a bug which allowed someone to double spend and essentially create tokens out of thin air... That's like the biggest bug a blockchain can possibly have.

>> No.28622552

>>28622272
Yes, I know the price may plummet in the meantime, but It's better than have my funds freezed in pangolin contract.

>> No.28622555

>>28622471
Btc and eth had this kind of similar bug many times.

>> No.28622577

>>28622471
BTC had the the same bug and look where we are now.

>> No.28622583

>>28622555
no they didnt

>> No.28622584

>>28622173
A double spend equals an insecure network that can't be trusted. The outcome doesn't matter. No legit dev will ever use avax from now on.

>>28622232
I'm not speculating, you know the chain is public right? I know tech and I can see in the explorer what happened. You just believe the team, who has everything on stake and have been caught lying multiple times already.
>It's just an UI bug
>It's the API
>It's a minting bug

>> No.28622620

>>28622471
and it was just 790 AVAX which is like 40k so no biggie.
could been worse like with BTC when they had the same bug but printed billions of BTC out of thin air.
was fixed too.

>> No.28622639

>>28622471
and still only 700ish coins had been created before the network shutdown, while bitcoin in early days had billions of coins made by this process.

>> No.28622681

>>28622583
You're right ETH's DAO hack was a way worse fuck up while this minor bug only cost AVAX $40k.

Get fucked faggot.

>> No.28622687

>Bug causes double mint
>Enjoy it lads, this one's on me
Holy based.

>> No.28622692

>>28622584
Oh yeah and don't forget, they tried to hide it from their official explorer by deleting it from the website. Sadly they don't control the third party explorer. So it was still visible.

>>28622577
>>28622555
BTC never had a double spend.

>> No.28622717

>>28622584
>A double spend equals an insecure network that can't be trusted.
so you dont trust Bitcoin?

>Bitcoin had already endured at least four major bugs or vulnerabilities prior to the integer overflow bug that led to 184 billion BTC being created out of thin air. The Bitcoin wiki lists 40 bugs of varying degrees of severity, with the most recent discovered in February 2019

>> No.28622731
File: 383 KB, 618x415, Florida Goy Sheriff Orders Investigation Into Epstein’s Work Release Program.png [View same] [iqdb] [saucenao] [google]
28622731

>>28622100
Don't ask me how... but I am extremely skilled in matching up personalities w/ written word. So, I believe Emin Gun Sirer (@el33th4xor) from Twitter is anon here...

>>28606052
>>28606188
>>28606516
>>28606671
>>28607336
>>28608380
>>28608473
>>28608561
>>28609573
>>28611143
>>28611574
>>28618075

>> No.28622751

>>28622584
yeah sure you're talking for every dev in the planet

>> No.28622775

>>28622731
Im not, and dont even know who that is

>> No.28622835

>>28622692
are you stupid? BTC hard forked because of an overflow that minted 2B BTC
also this is not a double spend, you should learn the terminology.

>> No.28622847
File: 17 KB, 663x128, emin.png [View same] [iqdb] [saucenao] [google]
28622847

>>28622687
It's cool that he's a good sport about it

>> No.28622863

>>28622583
>>28622692
>shills believe creating 184 billions of BTC out of thin air is better than this
https://www.share-talk.com/bitcoin-history-part-10-the-184-billion-btc-bug/#gs.svtcv4
"On August 15 2010, it was discovered that block 74638 contained a transaction that created over 184 billion bitcoins for two different addresses."
You're soooo dishonest, makes me want to vomit. Get a real job, (Thanks for the you btw)

>> No.28622939

>>28622775
This is Emin Gun Sirer.
>>28606052
>>28606188
>>28606516
>>28606671
>>28607336
>>28608380
>>28608473
>>28608561
>>28609573
>>28611143
>>28611574
>>28618075

>> No.28622946
File: 83 KB, 1280x720, zero-swaps.png [View same] [iqdb] [saucenao] [google]
28622946

Who gives a shit? Just buy Zero Exchange and stfu.

>> No.28622955

>>28622835
Exactly it was an invalid mint, not a double spend. These fudders don't even take the time of day to properly fud lol

>> No.28622960

>>28621771
Too many red flags. It's too risky for large investors. They'll be dumping over the next few weeks. Especially since most of them are already up 100x.

>>28621771
Short term outlook doesn't look good for AVAX. Happy to park my money elsewhere while this whole situation dies out.

>>28621794
>implying we all aren't compulsively checking charts
Okay bro. It's not OR. It's AND.

>> No.28623000

>>28622863
pasta the wrong link
https://en.bitcoin.it/wiki/Common_Vulnerabilities_and_Exposures

>> No.28623030

The fear and fud is palpable. I think this is going to be a great time to buy .

>> No.28623031
File: 181 KB, 720x694, 1612667623545.jpg [View same] [iqdb] [saucenao] [google]
28623031

>>28621805
Truly delusional. I look forward to your suicide post

>> No.28623045

>>28602394
A double spend is when person A pays both person B and person C with the same funds, and they both think they got paid, but actually one of them does not end up getting the funds. That isn't what happened

This is an invalid mint. Tokens were created from a bug in the client related to exports, but these weren’t owed to anyone. No one is missing money here.
ELI-5 style

>> No.28623054

In one month no one will remember this issue, this FUD bagholders are trying to swim against the tide, but will not make even a wave

>> No.28623057

>>28623031
The only delusional one here is you my man.

>> No.28623064

>>28622717
>integer overflow bug
Exactly, not a double spend. Not only that but that was 1 year after BTC was created, it was in BTCs testing phase. Avax also had a testing phase, but it's currently live with 3 billion dollars on it AND had a double spend, do you realize how fucking bad that is?
>BTC bug in testing phase
>AVAX double spend on live network with over 3 billion mcap

>> No.28623105

>>28622939
oh I get what you're saying now, could be. Im sure lots of people you wouldnt expect post here anonymously

>> No.28623122

>i-it's just a UI bug
>i-it's just a client bug
>i-it's just a minting bug, not a double spend
>i-it's just 790 AVAX
>s-stay poor
Fucking cultists, I swear. In the meantime, I'll be making money on my short.

>> No.28623151

>>28623045
Boom. This.

& Avalanche burned the amount that was invalidly minted so that's it.

>> No.28623223

CAN THIS SHIT STOP DUMPING

>> No.28623246

>>28623122
i bought ico. stay mad.

>> No.28623316

>>28622835
>>28622863
>>28622955
>>28623000
I will say it again, the 2010 BTC overflow bug is NOT the same as a double spend. it also happened during BTCs TESTING PHASE. AVAX is live and has suffered multiple double spends with 3 billion dollars in mcap. It is insanely bad. In the whole lifespan of BTC it has suffered exactly ZERO double spends, AVAX has lived for what? 5 months and had multiple ones? Fucking hell you guys are cheerleading your coin so hard its insane. Stop being loyal to a fucking coin, it will give you nothing but a headache and depression once it fucking crashes. No dev will ever trust this chain after this.

>> No.28623419

>>28623316
>had multiple ones
The same bug being exploited multiple times =/= multiple bugs

>> No.28623436

>>28622835
>>28622863
>>28622955
>>28623000
Also, if you guys know tech which you seem to claim to do.
Point out the differences between a double spend and what happened on the Avax network. If you don't reply with a good explanation then we all know you're full of shit.

>> No.28623443

>>28623316
Anon. Trying to reason with them is like administering medicine to a corpse.

>> No.28623448

>>28623246
How the hell do you get into ICOs like this?

>> No.28623461

>>28623316
Why are you posting if you think avax sucks? Why waste your valuable time?

>> No.28623499

>>28623316
nigger your entire posting history in this thread is a complete show of mental retardation. You are beyond saving.

>> No.28623508

>>28623419
I said multiple double spends, not bugs.

>> No.28623593

>>28623461
Because desperate AVAX shills are trying to maintain the price (despite the gross obfuscation and cover-up of the devs) until they can free up their liquidity or deposit on a real exchange to dump their bags. It's a disgusting display of self-interest that should be called out.

>> No.28623613
File: 31 KB, 485x490, .png [View same] [iqdb] [saucenao] [google]
28623613

>>28623246
Do you really think I'm mad? I made a ton of money on it going up, then shorted it from $58 and made an additional $77k. Now I've got another one open that's up like $30k. I just think a lot of you guys are incredibly silly holding onto your AVAX so dearly, trying to pretend as if nothing happened, when you could be making so much money on this. You're so emotionally attached to it, it's ridiculous.

>> No.28623617

>>28623316
ok this is a very manipulative FUD, you think you're pretty smart but anyone can see you have bad intentions, "multiple ones", "no dev" "insanely bad", nothing you said here is true

>> No.28623640

>>28623448
Coin Bureau on yt

>> No.28623657

>>28623316
Show me someone who has lost AVAX.
If you can't , shut the fuck up.
Because there was never a double spend retard.

>> No.28623668

>>28623436
It's just pedantic and stretching the definition of words to fit your preference. Yes, you could say it's a double spend, but the consensus is not at play here and did not get reverted (which is what most people mean by double spending). The weight of the problem is just as big as 2010 BTC (so basically, now that it's fixed, the network is fine forever)

>> No.28623690

>>28623436
See this >>28623045

There's the difference in a double spend and an invalid mint.

>> No.28623704

>>28623613
i bought at 1.5dollars and 10x LONGd up 20usd from 10 with 20k usd. lol

>> No.28623715

>>28623613
listen tard I have like 5% of my folio in AVAX I'm discussing this because it is interesting frrom a technical perspective and not yet another FOMO PND thread

>> No.28623745

>>28621386
>Do you remember even vaguely?
He was complaining about how there aren't libraries for other programming languages and something about that the devs don't know how to handle errors properly.

>> No.28623749

>>28623316
why do you care so much?

>> No.28623792

>>28623105
The only anon here emotionally invested in running damage control of the situation. A few others... however my intuition is unmatched in the world. The emotional characteristics of Turkish men is a stark indicator of identification.

This is a Turkish man.
>>28606052
>>28606188
>>28606516
>>28606671
>>28607336
>>28608380
>>28608473
>>28608561
>>28609573
>>28611143
>>28611574
>>28618075


I detected an Asian Woman running defense for him, located here >>28618148 >>28616994
(asian woman may be the same asian woman communicating with Emin at twitter)

>> No.28623864

>>28623749
His shorts are liquidated if he doesn’t fud hard enough

>> No.28623869

>>28623246
You picked a winner. Gj mate. No reason to go down with the ship.

>>28623613
This

>> No.28623914

>>28623745
I rember reading his post, Pure bullshit, considering eth didn't have any libraries for other languages for a long time.
>>28623792
Thank for the (You)s anon. Funposting with shills has never been this rewarding!

>> No.28623953

>>28623640
For real? That easy? I've seen that before. That's all you did to find them? The ones I look at elsewhere are almost always dogshit after spending an hour or two looking at their whitepapers, teams, source code, etc.

>> No.28624007
File: 108 KB, 1000x972, 1612750590540.jpg [View same] [iqdb] [saucenao] [google]
28624007

>>28623436
Waiting for your reply retard

>> No.28624048

>>28623593
i.e. I’m shorting and have to spread FUD

Fuck off, faggot

>> No.28624068

>>28623914
>shill
You are literally running defense for Andreessen Horowitz which is the Goldman Sachs of Silicon Valley.

>> No.28624109

>>28623613
you just justified your fud, no one will take you serious

HOW DUMB YOU CAN BE???? LOL

>> No.28624126

>>28623749
It's pretty obvious there's a coordinated group fudding AVAX who've shorted it. I've literally seen people posting these threads continuesly for the last few days now. I see no other reason why people could be this invested.

>> No.28624201

>>28623690
That's incorrect.
>Double-spending is a potential flaw in a digital cash scheme in which the same single digital token can be spent more than once.
https://en.m.wikipedia.org/wiki/Double-spending
He sends one transaction with 63.45 avax, receives it 7 times over with the same transaction ID. That he then stakes the original 63 and purchase wETH for the remaining 381.
>same single digital token can be spent more than once
His 63.45 sent once, spent in 2 different transactions, one for staking, one for trading.
That's a double spend.

>> No.28624266

Out of spite, buying more avax

>> No.28624304

>>28624109
hahahaha
77k - what a loser.
I wouldn't even turn on my PC for such pocketmoney .

>> No.28624305

>>28624126
Looking at this in a detached way I feel the same. Its just too centralized, and too consistent fudding. Nowhere else in discord, telegram, twitter does anyone care. Its tanked today but not much more than anything else considering it mooned so much before the usual weekend slump. Its a hold/buy the dip situation here.

>> No.28624314

why are so many fuds ?! wtf

>> No.28624339

>>28624126
This guy knows whats up