/biz/ - Business & Finance

>>51481940
>>Consistently #1 GitHub commits
Why is this ever used as a metric? A commit could be anything from a fully tested block of code ready to be merged into the next release or it could be about fixing a typo in a comment. At most it tells you a project is not dead but the specific # of commits is largely irrelevant

>>51481962
Fair point. But any development is a step in the right direction. Having so many active devs working on it is very bullish, even if it’s small tweaks or patches. Not sure if I’ll buy any because I think the markets will be going lower but I’m going to be keeping this on my radar and thought I’d share.

>>51481940
>Blocks are like 30minutes long
>L2s can't work ontop of MINA unless there's a seperate blockchain acting as a DA layer which makes MINA pointless

>>51481940
ICP is the most developed coin on GitHub, both core protocol as well as services being devved on it, so you're already demonstrably wrong. And Mina literally can't scale and is absurdly inflationary.

Anon, purpose-specific chains are dead on arrival. Web3/crypto is about single integrated layers, not about a million different services that need to go through a million other different services to talk to each other. Don't lose track of what is actually useful.

>>51482065
>>51482122
TPS isn't the focus because only a few coins even use more than 1 tps. It's a false narrative. Can easily scale far more as it doesn't even have to download all the blockchain to fully verify state like other chains--doesn't have that limitation. People can do it on their cellphones.

Zk-snarks are nice but the real trick was recursive zk-snarks--others weren't even sure of the math. Now they are playing catch up.

Everyone will be moving to the tech Mina already has. All the legacy bloatchains are far behind.

>>51482167
Op you lied. Pic rel said icp has the most commits

>>51482242
what are you building on mina?

Mina is in a weird place

It literally is centralised on google cloud. and no this is not fake FUD. Taking 'snapshots' of the blockchain making it 22kbytes is neet and all but the original chain need to actually be somewhere and is no joke hosted on google cloud providers.

On the other hand, the ability for recursive zk snark and 'snapshots' on almost anything is pretty fucken amazing.

Imagine the ability to verify anything, including anything that is on the internet through taking a snapshot of it. As an example you can take a snapshot of my phone number or twitter profile and prove that i am who i say i am for undercollateralized loans.

I almost see mina not as a blockchain but as a zk snark proving service for other L1's like Ethereum

>>51481962
Because it means the project is more active than others you moron

>>51482242
> Most coins don't use more than one tps
Sounds like you're using an expectation of crypto never being adopted as a way to justify an investment in crypto, do you see the problem with your reasoning?

>>51482455
Good job on completely missing the point. Not all activity is equally productive or useful; reread my comment again but go slowly this time.

>>51482471
You’re splitting hairs that don’t need to be split, I read your first comment you retard. You’re literally just arguing to argue. How would you even determine the contents/quality of a commit other than number of lines or number of commits without manually reading every single commit? You can’t. Shut the fuck up.

>>51482471
Fucking loathe armchair crypto devs that have used git one time and think they’re professionals

>>51482488
>How would you even determine the contents/quality of a commit other than number of lines or number of commits without manually reading every single commit? You can’t. Shut the fuck up.
Yes, well done, you're getting there. Since it's not practical to judge the quality of each commit, the # of commits is therefore not a very useful metric. Well done, you got there in the end.

>>51482468
Huh? Like all projects, the team will turn its focus on performance during this bear market. And I think MINA is a pretty solid buy at current valuation.

If TPS is your holy grail metric for crypto then go all in APTOS at launch.

>>51482587
Saying that the team will work on it and saying that throughput isn't necessary are two different, mutually exclusive positions, it's simply.unnaceptable for gen3+ chains to not scale. I'm already heavily invested on ICP, what can Aptos do that ICP can't?

>>51482731
>what can Aptos do that ICP can't
have the backing of jews

>>51482741
I'd spoon-feed you about who's backing ICP but I'm actually interested in hearing about Aptos' tech, lol.

>>51482743
i know about horowitz. who else is imvloved?

>>51482741
ICP is backed by a16z; it doesn't get more Jewish than that. Which is unironically why I'm an investor in it.

>>51481940
>It’s ATH was $187
kek, not it wasn't. Was the the futures MINA before it was released or whatever?

>>51483226
icp's backed by a16z, warbug serres, fenbushi, etc but aptos has a much higher $ funding and more jews (ftx labs, binance labs, etc) behind it.
>>51482743
the gist of it is that aptos can ensure atomicity even in complex transactions, unlike traditional parallel execution L1s. I really don't get why VCs are valuing it so damn high.
>>51483234
honestly I was happy to see that but I was disappointed when people from dfinity said that one of the supernova hackathon objectives was to restore the confidence of VCs, implying that they had lost their confidence.

>>51483277
Is aptos going for the same space as icp? With frontend hosting and all? According to their website they have a partnership with google cloud

>>51482329
Check again. When I checked, for September MINA was #1

>>51482741
ICP is literally backed by kikes, and has even gotten winked at by the WEF.

>>51483745
>With frontend hosting and all
no, it's just transactions like 99.999% of L1s, just faster & more sophisticated

>>51485674
which project is the most serious icp competitor? ive read about icp's holistic view (apple) vs eth's modular(?) view being the possible roads taken. i wonder which one has more potential

>>51483745
No, It uses Move-VM. Other than that it has parallel processing, like Solana, and uses the consensus protocol built by Avalanche's Ted Yin for Facebook.

In comparison to Dfinity and Avalanche, which a bunch of Aptos investors also invested in, it seems as boring as shit.

>>51486204
why do vcs invest so much in it then? simply to hype it up during bull and then dump on retail? or does it actual provide anything besides that?

>>51486345
It'll probably be a success, as in it'll work as a blockchain. Aptos and Sui are built from the remains of Facebook's failed Libra/Diem Crypto project. They just don't look like they'll do anything particularly innovative to drive the space forwards. We should really be at an end of adding more L1s which just don't scale by now. Why are they investing, just greed, the amount of money they made this run, the crocodile always comes back for more as they say. Human nature doesn't change, that's why they'll be future bull runs.

If you want a new project trying to innovate look at Celestia, its creator co-authored a paper on Data Availability Sampling with Vitalik Buterin, and he didn't join Facebook when it acquired his previous project for Libra because he didn't want to build a centralized chain.

>>51486502
ive read about celestia last year and the project seems pretty nice. how would one invest in it since its not on an exchange. wait for ico?

>>51481940
I'm buying here and there but I legitimately don't know much about the tech.

>>51486653
Yeah, we have to wait for the ICO, which is probably 2023.

>>51486685
https://internetcomputer.academy/
this is pretty helpful

>>51481940
>It’s ATH was $187
When and where was this?
The highest I've seen was around $9

>>51483277
>people from dfinity said that one of the supernova hackathon objectives was to restore the confidence of VCs, implying that they had lost their confidence
huh
who said this?
proof please

>>51487742
>trust me bro

>>51487742
>>51488312
eva, the cardano lady who's head of marketing. she sent it in the maximalist network tg channel.
exact words:
VCs: We are also rethinking this with various initiatives. The reason you haven't heard from me for the first few weeks is that Supernova was extremely important to reset the perception of VCs to IC and to show the potential of projects being built on the IC and its ecosystem. I think we did a good job but this is not the end of the story. In the end, what counts is who and how many users use services/applications on the IC (network effect). Besides the traditional crypto VCs, the "newcomers" will play an important role. Many traditional tech VCs got out in the Bear Market. If confidence returns (and it certainly does at some point ), they return and take a fresh look.

>>51481940
Ok, but ask yourself: what can it do? Everything you listed is not a function of it except maybe private smart contracts, but it is hard to say if they will be useful.
So what does the coin do?! Nobody needs a "cool tech" if it doesn't do anything.

>>51482242
>Zk-snarks are nice
Railgun made a remarkable work on on-chain privacy with it.

>>51481940
It's privacy focused. I'll give it that. There is a big chance that private smart contracts will explode considering the increasing demand from individuals to stay anonymous and keep their transaction history secret.

>>51483913
I guess that's an achievement

>>51486685
>PriFi
You should probably start by trying to understand why it is considered to be a privacy based project. That's arguably one of the elements that will bring a major highlight on it in the next bull run.

>>51481940
>Why does no one talk about this project? It has more development going on than BTC, ETH, ICP, ADA, SOL, etc.
Expected a mention along with XMR, SCRT, RAIL, ROSE, DERO etc.

> large funding from kikes

thats the problem with anything and all things of that nature. they are grifts to steal your money by jews. until there are no jews on earth investing is always a loss

>>51481940
Perhaps because it's yet to integrate with an open source cross-chain identity protocol? Ease of use and accessibility are at the core of any development within the crypto space currently

>>51489777
You just had to reference the jews

>>51486502
I'd look at interoperability based projects instead.You can't convince me otherwise. They've got the most promising potentials

>>51481940
>infinite supply

>>51490141
>Open Rights Exchange blockchain
Speaking of lowering the entry barrier in using blockchain technologies

>>51490155
no you fucking stupid monkey nigger. op refenced the jews. he ssaid funding by kikebase and bankman died. thats a scam guaranteed. those are kike companies built to steal your money. go back to africa or die in the streets nigger

>>51490183
so no different from Ethereum then

>>51486502
Some of Mina's core devs are also from Libra, which is what piqued my interest in the first place. I personally think if Aptos can deliver what they say and maintain stability, it will completely replace Solana with two years. I think Aptos is much better designed than Solana, but we will see.

>>51483913
>>51489656

OP Youre still a fucking lier... ICP is still leading commits in September. See pic rel

You forgot 3AC's stake in MINA and high inflation tokenomics.

There's also a fixed maximum size per verification key. So either the app is small, or you take a longer time loading due to generating more verification keys.

https://youtu.be/l89gdobCC2w?t=1891

>>51481940
but we don't need another fake internet currency, do we?

There are far too many already.

>>51494295
OP is a lying sack of shit, MINA is a slow and unnecessary piece of shit, and ICP will curb stomp OP