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26136071 No.26136071 [Reply] [Original]

https://www.lynalden.com/ethereum-analysis/

>> No.26136095

>>26136071
I clicked this and all my iffiruim is gone wtf boy

>> No.26136140

>>26136071
How many eth to suck lyn’s fempenis?

>> No.26136188

>>26136071
It's over

>> No.26136218

BUY BUY BUY
https://thedefiant.substack.com/p/ether-is-the-best-model-for-money

>> No.26136249

>>26136071
buy signal

>> No.26136838

dumb fucking tranny is bearish on ethereum, big fucking whoopdy doo. she can buy at 0.1 like the rest of the bitcoin retards

>> No.26136869
File: 195 KB, 231x313, 1608693357202.png [View same] [iqdb] [saucenao] [google]
26136869

>>26136838
>she

>> No.26137263

look a free template wordpress blog with gr9 writing prose...

>> No.26137456

>>26136071
It's a pretty fair take on eth. Honestly it's still kinda bullish and states that really there's room for something else besides BTC in a "low risk" crypto portfolio.

Remember she was bearish on BTC in 2017 but has changed her view with BTC finding more of it's footing after the hard fork and other issues resolved. I'm sure she'll be bullish when eth2 and eip1559 are actually live and operational.

>> No.26137737

>>26136869
/thread

>> No.26137871

>>26137456
Yeah. She outlined the problems, called their supposed solutions mostly elegant, but of course they haven't stood the test of time.

>> No.26137970

>>26137263

Fuck are you triggered...you actually attacked the the site and her writing. But said nothing about her analysis.

Fucking amazing...like saying oh look she has a Kohls sweater on and shoes from JC Penny....hahahahaha

>> No.26138000

>>26136071
I CLICKED THE LINK AND ALL MY LINKIES ARE GONE!!!!!!!11!!!!1!!!!111!!!!

>> No.26138031

>>26138000
kek. Gotta fud the fud so people can't read the truth.

>> No.26138058

>>26136071
virus. don't click.

>> No.26138068

Never listen to this thing

>> No.26138099

NO NOT MY HECKIN EFFRIUM TAKE THAT BACK! TAKE THE ARTICLE DOWN!

>> No.26138291

>>26136071
mEth heads REKT REKT REKT REKT REKT REKT REKT REKT REKT!
Enjoy your bitcoin magazine writer's shitcoin faggots

Disclosure: I do hold 1 Efferium meself personally, not racist, just don't like skeletons. Love big orange coins. Simple as.

>> No.26138372

>>26137456
>>26137871
>>26136140
>She
Fucking fags

>> No.26138400

>>26136071
>>26137456
She and Michael Saylor are right about ETH. It's far too complex and over-engineered for its own good. ETH is trying to be everything to everyone all at once and it doesn't know its place.

That's why the ratio has been continually bleeding, That's why the price action has been so weak and pathetic. Because people are starting to see the light. People are starting to realize that ETH has no use-case. People are starting to realize that ETH has no place within the broader ecosystem because the naive idea of slapping "Apps" on top of a blockchain hoping that it will somehow magically yield the same level of success as Apple's app store is an abject misunderstanding of why Bitcoin is the way it is, and why it's NOT that.

All hypothetical use-cases and applications anyone can think of putting on Ethereum will just be usurped by faster, and more efficient centralized solutions that work around BTC, not ETH.

Satoshi knew exactly what he was doing and he knew exactly what he was creating, and why he was creating it. Bitcoin is simple for a reason. It's integrity. It's the one and only true money.

Let's put it this way, Bitcoin is the greatest discovery since fire. Ethereum on the other hand is also trying to be that "fire", but it's also trying to bodge in water, dirt, and coconuts along with it as a single entity. It simply doesn't work and it has no place in the ecosystem. It's a failed experiment, one that will fade into obscurity, only ever managing to host nerdy hobbyist projects while BTC will get trillions poured into it, making early holders filthy rich. ETH holders on the other hand, will watch BTC holders become filthy rich while their shitty token freefalls to zero.

>> No.26138431

ETH: up 600% this year
BTC: up 300% this year

retard tranny

>> No.26138467

>>26138031
>>26136071
In all fairness, this article is sort of stupid.
-The tranny said that Infura is a central point of failure; this is stupid because if governments decide to go after them, devs can just change one line of code to use another provider.
-It is super stupid to compare BTC's hash rate with ETH's because they use different algorithms.
>That massive divide in hash rate is not quite an apples-to-apples metric to estimate the cost difference to attack each network (since they have different hardware to do so, with GPUs being more expensive per unit of processing power), but it still makes for a useful comparison.
NO IT DOESN'T. SHA256 IS MUCH EASIER FOR COMPUTERS TO DO THAT ETHASH SO BTC WILL HAVE A MUCH HIGHER HASH RATE THAN ETH. THIS IS A COMPLETELY STUPID AND BULLSHIT COMPARISON. IT'S LIKE SAYING IRON MINING COMPANIES ARE MORE PROFITABLE THAN SILVER MINING COMPANIES BECAUSE I CAN MINE MORE IRON THAN SILVER.
>Also, looking at the difference in hash rate in logarithmic form to zoom in on some of the details, Ethereum recently just reclaimed an equal hash rate to what it had during its mid-2018 peak, whereas Bitcoins’ hash rate is currently triple what it had during its mid-2018 peak. So, Bitcoin’s security has tripled while Ethereum’s has remained static since that time.
ANOTHER STUPID COMPARISON. ETH USES GPU MINING AND BTC USES ASIC MINING. ASIC MINING IMPROVES MUCH FASTER THAN GPUS BECAUSE GPUS HAVE BEEN STUDIED TO DEATH AND ASIC MINERS HAVE ONLY BEEN AROUND FOR A FEW YEARS.
>By what degree, however, is hard to say, since a high-throughput low-fee system doesn’t directly necessitate a high Ethereum token price.
This is stupid because ETH 2.0 replaces miners with stakers, and stakers will hold instead of dumping coins on the market. So the price will absolutely go up. Also the part about the nodes is stupid because the whole point of sharding is so you only need to verify 1 of the 64 shards. You do not need to verify all 64.

>> No.26138525

>>26138400
>All hypothetical use-cases and applications anyone can think of putting on Ethereum will just be usurped by faster, and more efficient centralized solutions that work around BTC, not ETH.
>hurr durr i trust blockfi and binance with my crypto lol who needs compound and uniswap lol
>wait a centralized exchange got hacked? hurr durr not your keys not your coins lol. better deposit more of my crypto on blockfi lol and hope they don't exit scam

>> No.26138558

>>26138400
I largely agree though I feel like there is room for what eth is doing even if it's not eth that's the one to succeed in doing it. The defi bubble is kind of a nice proof of concept. A lot of it was fueled by Ponzi games and scams which is unfortunate but there were good ideas there. ETH needs a better way to filter out that junk though if it wants investors to trust it. I used to think I wanted defi, now I trust BlockFi way more to not lose my money vs some random smart contract even if it is audited. Likewise coinbase fees aren't that expensive anymore when I consider gas costs. I hope that is better in a few years.

>> No.26138585

>>26138467
You seem like a smart person. Is ETH ever gonna be replaced? Is it a good ecosystem? Will it pump? Do alternatives have any chance at being better?

>> No.26138638

>>26138585
I don't think so because of the network effect. Even ETH L2s can't compete with ETH and those are basically an exact copy of ETH.
Also you should keep in mind that I hold quite a bit of ETH so I'm not the most unbiased person.

>> No.26138664
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26138664

YOU WILL NEVER BE A REAL WOMAN!!!

>> No.26138698

>>26138467
based

>> No.26138810
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26138810

BLIMEY
EFF ISSA SHITCORN INNIT

>> No.26138817

>>26138431
ETH hasn’t hit its own ATH yet.

>> No.26138825

>>26138400
Based fellow maxi

for some reason bitcoin is still the only blockchain in 2021 that actually understands that blockchains fucking suck and inherently don't scale without centralization tradeoffs. bitcoin accepts it for what it is and let's it shine on the benefits it can actually provide. other chains continue in the wrong direction and continue to shove more and more shit into it. sharding is literally just an extremely complicated way of adding centralization, but when vitalik talks about it in his autistic sounding voice he can actually fool idiots into thinking its a real "technology" when its 64 small shards are the functional equivalent to just increasing the blocksize by that same amount

>> No.26138890

>>26138467
infura runs 90% of the network dude. just change to what provider? nobody can run a node on this piece of shit, and running nodes is literally the point of even having a blockchain in the first place

>> No.26138956

>>26138525
how fucking dumb are you to actually think uniswap is decentralized? in fact, it brings all of the downsides of decentralization such as high fees, but none of the advantages such as censorship resistance. just about everything on ethereum is min maxing in the exact opposite direction from what is optimal

>> No.26139007

>>26138956
dude what
there are literally dozens of interfaces for uniswap and even if infura goes down you can just connect to your own node, there's zero censorship

>> No.26139058

pretty detailed and somewhat fair desu, but
>Stock investors should probably pay attention to some of the dapp development, to see if anything out of that ecosystem could disrupt some of their traditional investments over time.
this is actually what worries her. she has a much greater exposure to stock markets than crypto, and she bets on kyc/governments limiting or killing defi. i guess we will see if she's right soon enough

>> No.26139107

>>26138890
Alchemy and QuickNode work, I'm sure there's others. Also there are 10k nodes faggot so running a node is not as hard as you think.
>>26138956
how is uniswap not decentralized?
>hurr durr you can take down the website lol
I can still use it even if you take down the website by just sending a transaction on ethereum retard. even if that happens any faggot can just put another website up so people who can't code can still use it.
>>26138825
cringe take, this is absolutely not true. the downside of big blocks is that each computer needs to spend more effort to verify txs in the block. with sharding, each computer will only need to verify 1/64 of the blocks. If I'm on shard #5, I don't care about what happens on shard #40 because it doesn't affect me. also, sharding does not work in proof of work because you split up the computing power.

>> No.26139277

>>26139107
hey numb nuts, what do you think happens to the overall auditability of the chain if you split the current number of validators out to 64 different shards instead? how can anyone with a functioning brain not see that this is literally just scaling through adding centralization, effectively no different than just having bigger blocks.

>> No.26139330
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26139330

>>26136071
This is now a GLITCH thread.

>> No.26139341

>>26139277
not true, because the validators are randomly scrambled meaning that to have a chance of controlling one shard, you would have to control a ton of ETH. It's not like proof of work where if we had like 64 copies of bitcoin, I could just buy a ton of mining equipment and choose to mine on shard #10 and fuck over everyone on that shard. In proof of stake everyone is randomly assigned to shards and I don't get to choose which shard I go to.

>> No.26139366

>>26139341
Even if I control 1/3 of the eth, I still have a <1 in 1 trillion chance of controlling one of the 64 shards, even though 1/3 is much bigger than 1/64

>> No.26139390

>>26139277
base layer sharding is never going to happen, only data shards.
you need to keep up

>> No.26139467

>>26139390
The fact that people need to "keep up" is one of the reasons people don't trust or recommend eth with the same conviction they do btc. It will happen though once it is live and survives for some time without major structural changes. Kinda like Lyn said in her breakdown.

>> No.26139489

>>26136071
she is so beautiful bros

>> No.26139579

She doesn't quite get it, but its fine.. when i read this i knew to go all in..

https://www.ft.com/content/c1caca5b-01f7-41be-85a4-3ecb883f2417

>> No.26139593

this reads like a high school paper

>> No.26139629

>>26139467
fair enough, that's one of the points that I agree with.
It's hard to keep up with all the eth news sometimes.

>> No.26139631

>>26139467
dude, 99% of crypto investors have no fucking clue what all this base layer debate trash even means. all that normies need to know is that they get passive income from holding ether, which is exactly the narrative that boomers need to dive in.
they've been complaining endlessly about how cryptos are unproductive, GFT-driven assets. and now there's a digital oil that generates dividends?
i know it's tough to see narratives before the price fully reflects them, but it's ok. ill be here to fill your buy orders at 0.1 eth/btc

>> No.26139704
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26139704

>>26136071
>ethereum-analysis

>> No.26139708

>>26138400
>She
Imagine listening to a tranny, you fucking incel white nerd.

>> No.26139723

>>26139631
Dude I already have 150 eth. I want it to succeed just like everyone else. I just think it's dumb to ignore criticism and problems.

>> No.26139745

>>26138400
bitcoin maxi go home

>> No.26139750

>>26136071
>https://www.lynalden.com/ethereum-analysis/

Imagine taking the advice of a midwit tranny seriously, holy fuck.

>> No.26139825

>>26139708

You sound like your jealous of she/her

You will never be a woman, Jesus is my lord and savior, Trump won...

KYS

>> No.26139995

I have no idea what any of this means. Frankly I don't think investors do either. But I'm gonna ride the train because
A. I like money
B. I like buying shit

>> No.26140011
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26140011

> Rather than contributing to one chain, someone with a stake can verify all splits on the chain simultaneously with their tokens, since it doesn’t require much processing power and thus has no cost for being wrong. They don’t have to just pick one. So, how are chain disputes resolved?

>> No.26140266

>>26140011
based

>> No.26140349

>>26138817
That's even more bullish imo

>> No.26140958

is it an actual tranny?

>> No.26140990

>>26140349
exactly

>> No.26141028

>>26136071
>WORD WORD WORD
FAG! FAG! FAG!
Am I doing it right?

>> No.26141112
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26141112

Liberals are gonna be moving to outlawing crypto very soon. They will accuse "carbon emissions" as the reason. In reality, they dont want the middle class to own wealth. They want good little wage cuck slaves to do their bidding while influencing these retarded self depreciating liberals to do their bidding. Watch out folks, the future is here...