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/biz/ - Business & Finance


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File: 9 KB, 310x163, radixdlt.jpg [View same] [iqdb] [saucenao] [google]
51538051 No.51538051 [Reply] [Original]

Where my XRD bois at?

Yes, things are hard right now. Low volume, low price, and bear market has us down and hurting. Wintermute, our primary marketmaker, was just hacked for $160,000,000, including 14 million XRD. Yes, we've been subject to delay, disappointment, and misfortune. And yes, we are likely the single most detested and ridiculed project on /biz/.

These are dark days indeed. But lose not hope, my friends. Brighter times do lay ahead.

In the end, you will make it.

>You will build easily and safely using Scrypto
>You will get developer royalties when other re-use your components and blueprints
>You will pay just pennies for fast transactions and swaps
>You will have a fully sharded and atomically composable network
>You will have scalability, security, and decentralization
>You will get in on the ground floor of the future of finance, you will make it, and you WILL be happy.

>> No.51538118

I take it you have no idea that this has been in development for 9 years and they have almost nothing to show for it and keep scrapping things and redoing things because they keep running into issues due to the fact that their scam doesn't work and they knowingly develop with expected problems ahead and then claim it was unexpected and redo shit over and over and over. People were so sick and tired of bagholding nothing that they launched a fake PoS chain just so they could claim they have a mainnet despite the fact that it's not even using it's own tech to scale. They got tired of the very real "no mainnet" fud that they launched a fake mainnet to trick newfags into thinking they had anything.

The main dev is a game developer with zero experience who thinks he can do the impossible if he just bruteforces his way through it and hits the same walls everyone else before him has, except he pretends they're not there so people will buy more of his bags.

>> No.51538175

>>51538118
I take it you have no idea I've read this same copypasta dozens of times. Just because you keep posting it, doesn't make it true.

>> No.51538187

>>51538175
>Just because you keep posting it, doesn't make it true.
Just because you say that, doesn't make it true. Point me to one single incorrect statement in that post

>> No.51538334

Explain cerberus consensus, how can the achieve atomic composability in an async environment?

>> No.51538360

>>51538051
Fuck! Didn't realize the Wintermute vanity-hack also included XRD.
>>51538118
>The main devs are bicycle mechanics with zero experience who think they can do the impossible if they just bruteforce their way through it and hit the same walls everyone else before them have, except they pretend they don't so people will buy more of their airplanes.

>> No.51540473

>>51538334

there is a whitepaper by USC that explains it.
im too dumb to understand it though so no tldr

>> No.51541272
File: 11 KB, 258x245, 1663723776562.jpg [View same] [iqdb] [saucenao] [google]
51541272

>>51538051
>Be me
>Bought this at $0.15
>Sold at $0.50
>Its now 5 cents
Thanks for buying my bags lmaooo

>> No.51542901

>>51538334
Atomic composability is a made up term created by the faggots at Radix. Atomic composability is a problem when you have, a dapp on chain1 and another dapp on chain2 and then want to do an atomic transaction using both dapps at the same time, this is a regular thing happening on Ethereum right now, moving to a multichain architecture might break this.

Kadena however, is one if not the only sharded chain that does not have this problem, by either having all dapps on all chains this problem is basically completely phased out, and even if you do want to make "all or nothing" type of transaction cross chain you can do that with something called "Pacts", it's literally in the name of the language.

It's pretty funny to consider that all radix has to say about all of their "competitors" is "it doesn't have Atomic composability therefore we're better".

The problem with Radix is that it's a pipe dream as far as scalability is concerned. DHT -- distributed hash tables -- are a well-understood problem in distributed systems, and fast pessimistic DHTs simply do not exist at scale in centralized cloud deployments. When a presumably decentralized blockchain pretends to solve a problem that the best engineers at Amazon and Google can't with centralized systems, it's time to call bullshit. Now to be clear, those systems work, but they don't scale. I fully believe that a system can do all sorts of things up to some limit, but scaling is about being able to throw more resources at a problem.

It's not credible, and therefore discussing "use cases for atomic composability" is like discussing use-cases for pocket-sized quantum computers or fusion reactors. It ain't gonna happen. Thus, it's important to understand that there is no "debating" with cult followers, because ANY technology that is actually proven can always be beaten by magical fairy dust.

Real engineering is about working with the tradeoffs of well-understood solutions.

>> No.51543130
File: 42 KB, 640x633, pepelaugh.jpg [View same] [iqdb] [saucenao] [google]
51543130

>>51542901
he posted the kadena copypasta

>> No.51544118

The future of DeFi is on Polygon
You can already see that from the stats
>volume traded on Gains Network: $16 billion
>volume traded on Synfutures: $12 billion
and those are just the big names