Avax

[Anonymous No.26157537]

This coin gets shilled a lot, but do you guys actually see this as a long term hold or will it just get blown out by dot and Ada. The tech seems legit, but why choose avax over the other smart contract platforms?

[Anonymous No.26157620]

>>26157537
>long term hold
fuck no

[Anonymous No.26157634]

30$ by march, check em

[Anonymous No.26157649]

>>26157537
It's the one true successor to the crown.

[Anonymous No.26157683]

>>26157537
I'm holding all three, I have the most invested in avax. Avax has the best use cases (in my opinion) and a high IQ team. Anything could happen though.

[Anonymous No.26158101]

>>26157537
ignore the senseless fud anon.

quick AVAX rundown for you:

Emin Gün Sirer:
>Cornell CS Prof has been in crypto since BEFORE BTC
>is the Number 2 in Cornells IC3 (Ari Juels is number 1)
>h-index of 46 (Juels h index is 83), nobody in crypto comes close to these 2 gigabrains (Vitalik has h index of 27 FYI)
>EGS recognized the importance of Chainlink from early on and is in close contact with the Flannel Man
>Vitalik endorses EGS and is already looking at "Athereum", a Subnet on Avalanche to solve what he cant do with ETH 2.0 https://athereum.avax.network/

Avalanche protocol:
>The third consensus protocol after Nakamotos Proof of Work and Classical Protocols
>This is not repackaged shit with minimal tinkering here and there, its a completely new family of Consensus Protocol
>4500+ REAL TPS (no bullshit account tricks, batching, or L2), sub 3 seconds finality
>already more decentralized than everything else in crypto running a Node is really easy and hardware requirements are low, anyone can do it
>basically consensus is reached by probabilistic sampling thousands of independent nodes over multiple rounds
>Resist 51% attack (need 80% network control to take over)

Full EVM support:
>Low friction of adoption for projects developing on ETH
>All Ethereum smart contract and infrastructure can work on AVAX out of the box which means all the slow DeFi running on ETH right now will switch to AVAX to speed it all up
>AVAX nodes will Validate ATH (Athereum) which makes running a node very profitable

Subnetworks:
>This is Avalanches bread and butter. Independent networks can be launched on Avalanche, with near infinite customization. Athereum is a good example of this.
>Big picture: Within one year, the best parts of the entire cryptocurrency ecosystem can be mirrored on Avalanche. Giving it all the TPS, scalability, and speed, and also interoperability with the entire ecosystem.

currently trading for $13.45 and $41 CMC

[Anonymous No.26158158]

>>26157537
other bullish info:

Other bullish info:
>Emin is approved by Sergey and Sergey loves him, shares his vision and even gave him a prime spot during the Smart Contract Summit, currently they are planning to move all Chainlink Oracle components over to Avalanche
>Emin is Vitalik approved, Vitalik confirmed Avalanche is legit, he didnt even bother defending eth 2.0 or comparing it, he said AVAX is as legit as BTC
>one of the Founders, Ted Yin made Hotstuff, the fastest classical protocol that facebook wanted to use for Libra which was canned, he then went back to Emin to make Avalanche
>Emin can farm Gigabrains for his company Ava Labs directly from IC3 which is 180+ researchers and 8 universities
>The Business development guy John Wu is a wallstreet bigshot who got funded by the Blackstone Group (look him up) and has serious connections

[Anonymous No.26158234]

sources ? ^

[Anonymous No.26158268]

>>26158158
>Emin is approved by Sergey and Sergey loves him, shares his vision and even gave him a prime spot during the Smart Contract Summit, currently they are planning to move all Chainlink Oracle components over to Avalanche
sauce?

[Anonymous No.26158318]

spoon me the info for setting up a node

[Anonymous No.26158340]

>>26158101
based & redpilled
imagine not being balls deep in avax, comfiest hold in 2021

[Anonymous No.26158352]

I'm jumping ship the moment it starts dipping. I have zero allegiance to these things.

[Anonymous No.26158393]

Cardano here for 4 years no smart contract yet...
Dot also doesn't have smart contract yet... they are just sidechain of ETH like BSC...

You should decide either you will have fun staying poor or buy avax

[Anonymous No.26158421]

digital european digital stablecoins coming soon! avax to the moon!

[Anonymous No.26158445]

>>26157537
The project itself doesn't need shilling, underlying technology of Avalanche is good enough to overtake Visa and MasterCard today. Wait for it when main street gains attraction into crypto even more.

[Anonymous No.26158456]

Why is burning fees not crazy? I know it’s deflationary but what prevents supply from being burned up?

[Anonymous No.26158463]

Not one or two, but FIVE European stablecoins will run on Avalanche, the teams are serious.

[Anonymous No.26158469]

I just aped in avax when it was 3 and forgot about it until it was 10 LOL

[Anonymous No.26158505]

>>26158456
There's a second set of 360M coins for this purpose, you can check Avalanche coin economics or other aspects here https://www.avalabs.org/whitepapers

[Anonymous No.26158521]

When Avax 1K?

[Anonymous No.26158533]

>>26158234
DYOR I'm not gonna spoonfeed you newfags with the sources for all this shit. look it up google is your friend.

[Anonymous No.26158542]

>>26158505
I am a bit retarded when it comes to the official jargen used on white papers. For example i tried to understand the p c and x chains and simply couldnt. But I appreciate the info nonetheless :)

[Anonymous No.26158605]

A big rise is coming avax

[Anonymous No.26158636]

>>26158521
lel wtf Avax need $100 first! :D

[Anonymous No.26158652]

I can't buy it on kraken

[Anonymous No.26158684]

>>26158533
I DEMAND IT

[Anonymous No.26158817]

2.7k EOY

[Anonymous No.26158849]

>>26158652

Exactly

[Anonymous No.26158985]

>>26157537
> literally 10 partnerships
> weak-ass developer adoption and documentation
> most popular thing about them is their "ambassador" aka SHILL program

take a look at pic related. that's the AVA founder at a Web3/Polkadot conference. Do you think Gavin Wood would be at some shitty avax conference? i doubt it.

[Anonymous No.26159023]

>>26158985
> pic related

[Anonymous No.26159067]

>>26158318
https://docs.avax.network/build/tutorials/nodes-and-staking/setting-up-node-monitoring

[Anonymous No.26159143]

>>26158542
x is for normal transactions like any other wallet, p is for network/node validator use, haven't bothered to check what c is for but something about contracts

[Anonymous No.26159190]

>>26159067
ty based anon

[Anonymous No.26159247]

>>26159190
why's that boy not wearing pants?

[Anonymous No.26159273]

>>26158318
there's tutorial on running on VM, Raspberry Pi, AWS, Azure
I think that covers most of the setup
https://docs.avax.network/build/tutorials/nodes-and-staking

[Anonymous No.26159362]

Isnt it a big issue that only 10% of coins are in supply right now. As more supply gets released price goes down?

[Anonymous No.26159434]

>>26159362
pic related

[Anonymous No.26159457]

>>26159273
Do you need a certain amount of avax to run your own node? Or is it kind of a free for all?

[Anonymous No.26159566]

>>26159457
2000 AVAX at the moment but will be lowered to 500 soon, likely with Apricot update.

[Anonymous No.26159592]

>>26159457
2000 AVAX is the minimum for the time being
they talked about reducing it to 500 but I haven't follow that up

[Anonymous No.26159748]

News

https://medium.com/avalancheavax/avalanche-expanding-stablecoin-diversity-in-defi-ecosystem-with-upcoming-launch-of-e-moneys-512ced45e11a

[Anonymous No.26159776]

>>26158352
Based investor

[Anonymous No.26159783]

>>26158985

[Anonymous No.26159798]

>>26159434
Is their code backed by over 90 peer reviewed papers and supported with the confidence of governmental bodies?
Cardano is a startup.
Will avax reach that level

[Anonymous No.26159803]

>>26159748
>>26159566
>>26159247
>>26159067
> joins Avalabs marketing team
> posts full-time on /biz

[Anonymous No.26159823]

>>26159362
The inflation of avax is miniscule compared to f.x. polkadot and eth 2.0

[Anonymous No.26159842]

>>26159803
Wish I got paid, only staking rewards.

[Anonymous No.26159852]

>>26159803
It was my first post in this thread.

[Anonymous No.26159883]

>>26157537
there is token unlock...90% coming in to the market soon. beware.

[Anonymous No.26159898]

I thought about putting 1.5k into AVAX last week but pussied out

That 1.5k would be near 4k now

[Anonymous No.26159957]

>>26159883
>he thinks he can fud us away from the 3rd consensus breakthrough in human history

[Anonymous No.26160068]

>>26159842
How much have you got staked and how much do you earn as reward ? I currently have 320, should I make it 500?

[Anonymous No.26160096]

>>26159783
Kek I don't own Avax but this meme alone is based enough to make me want to get a suicide stack.

[Anonymous No.26160135]

>>26160068
Yes, you should try and get 500. Running a node on avax will guarantee your future.

[Anonymous No.26160174]

Ready for the pump?

[Anonymous No.26160183]

>>26160068
I got 500 since it'll be the requirement for running a node soon and I staked it for a month, it's 10% yearly so for this month I'll be getting 3.6 AVAX (there's a delegator fee of minimum 2%)

I'll DCA more into this anyway but I think 500 is the minimum you should have.

[Anonymous No.26160217]

>>26160174
No, I want to acoomulate more but I'm waiting on my money to transfer atm.

[Anonymous No.26160228]

This is the one coin which will 100-1000x over the next 10 years

[Anonymous No.26160299]

>>26160217
>>26160183
Isn't requirement for a node 2000? Where did you find this? It might be worth it to double what I have if I get to be node owner

[Anonymous No.26160380]

>>26160174
pamp it

[Anonymous No.26160389]

>>26160299
Requirement is 2000 now but it'll be lowered to 500 soon, it was voted by community back in November. It'll likely be implemented with Apricot update but there's no official date yet.

[Anonymous No.26160445]

how far will avax go ???

[Anonymous No.26160469]

>>26160389
Thanks!

[Anonymous No.26160557]

>>26157537
protip: it gets shilled by the turkish roaches that infest 4chan. some are paid, some are stupid enough to advertise someone else's shit for free because they're jobless virgins anyway.
Another garbage "eth killer" that will fade into nothingness while ETH keeps kicking ass. Roaches are pumping this shit like a ponzi scheme.

[Anonymous No.26160559]

>>26160299
Delegation fee will also be upped so people are more incentivised to run a node.
>>26160096
have another one

[Anonymous No.26160575]

>>26158101
>Apps cant talk to each other if they arent on the same subnet
>Subnets are limited to 4500 tps
>Even though it can host multiple subnets all apps will need to be on the same one to communicate
>All apps on the same subnet means the network gets clogged and its the Ethereum gas fee competition issue all over again

[Anonymous No.26160967]

>>26160575
source?

[Anonymous No.26160993]

>>26157537
Hm

[Anonymous No.26161007]

>>26158101
this.
I have watched some interviews of this guy Emin over the past few days and he seems like the real deal.

[Anonymous No.26161044]

>>26157537
Just play it safe I guess

[Anonymous No.26161052]

>>26158652
buy it on voyager exchange

[Anonymous No.26161071]

That’s why I don’t believe this fuckers who tried to give me shitcoins

[Anonymous No.26161258]

>>26160967

[Anonymous No.26161317]

>>26161258
>>26160575
and this

[Anonymous No.26161364]

>>26161317
ahh yes right on cue, here come the butthurt rubix shills

[Anonymous No.26161384]

>>26161317
what do you mean, he just said it is coming up?

[Anonymous No.26161388]

>>26161317
Ethereum also "expected" to support swaps between shards/subnets, but have they figured out how to do it? Nope. Is it something that's easy to bolt on after you've already launched? Nope. It needs to be thought of when you build it from the start. AVAX is nothing more than a glorified ETH2, just some scalability improvements, nothing else.

[Anonymous No.26161435]

>>26161384
Yes, Ethereum has said that forever but they haven't been able to solve it. Everyone says they will have it, yet no one has solved it.

[Anonymous No.26161456]

>>26161364
>Dan Hughes fanboy
>Rubix
No, that would be Radix. Very similar name though.

[Anonymous No.26161562]

>>26160575
What is Quant Network, retard?

[Anonymous No.26161701]

>>26161562
Not a solution to this problem

[Anonymous No.26161849]

>>26161562
a centralized permissioned coin where gil can kick you out of the network.

[Anonymous No.26161970]

DOT is waiting for you & only you!

[Anonymous No.26162159]

>>26161258
The "confirmed" last step doesn't mean anything if it's just a random blog with no intellectual value.

[Anonymous No.26162379]

how do i move from voyager to a wallet? do i need to to stake on the pi? I'm getting my hardware tomorrow. 766 avax right now, gonna cash in for more, hopefully hit 2k before it's too expensive.

[Anonymous No.26162540]

>>26162379
Just transfer it here:
https://wallet.avax.network/

[Anonymous No.26162603]

>>26162540
i have the wallet set up, buy voyager says it doesn't transfer avax, so i guess we have to wait?

[Anonymous No.26162650]

>>26157537
>720M supply
>only 10% currently in circulation
>50% unlocking within a year
>VCs bought in at 50 cents
>Cant do atomic operations (meaning it can't do basic smart contract shit)
>DAG tech untested at scale
>DAG tech unaudited against attack vectors

It's a cool experiment but we'll have to wait you see what happens. Could be the greatest rug pull in history.

[Anonymous No.26162774]

>>26161435
meanwhile radish has been working on their launch as long as eth 2.0 with no result.

[Anonymous No.26163111]

>>26162603
you dont really own the avax on voyager. hodl and when it's listed on usd exchanges you'll have to sell, move the usd on coinbase and rebuy here.

[Anonymous No.26163253]

>>26163111
k thanks trips friend. all get the pi set up by then and make sure i'm chomping at the bit

[Anonymous No.26163300]

>>26162650
>can't do basic smart contract shit
deployed a smart contract on AVAX c-chain yesterday. they work flawlessly you retarded shill

[Anonymous No.26163322]

ADA is a hedge against ETH.
AVAX is a hedge against ADA.
Basically this.

[Anonymous No.26163345]

I realized I have 200 AVAX sitting around, gonna stake them now. Is this a suicide stack?

[Anonymous No.26163418]

I still dont have enough to stake. You need 25 right?
I'm going to buy more periodically, after price movements.

[Anonymous No.26163447]

>>26163111
i put a limit sell on, somehow i managed to buy at 13.5 this sat

[Anonymous No.26163462]

WHY IS IT NOT PUMPING???

[Anonymous No.26163564]

>>26163462
Because I still got bags to pack.

[Anonymous No.26163822]

>>26163418
biggest sell signal yet, jesus christ

[Anonymous No.26163831]

>>26163462
Crabbing is better than dumping lol.

[Anonymous No.26163915]

Is radix a scam? I tried to understand the whitepaper but it reads like AI generated abstract blocks of random concepts. Am I just stupid or what?

[Anonymous No.26164013]

>>26163822
Very good. Sell everthing.

[Anonymous No.26164676]

>>26163300
Not if you need atomic operations you asswipe

[Anonymous No.26164697]

>>26161849
Sounds ideal, desu.

[Anonymous No.26165026]

>>26164697
kek imagine having to pay an annual license to a centralized entity to connect to others. why is blockchain needed again? that's exactly what blockchain is trying to solve. you're just a middleman. qnt is doomed to fail and qnt fanboys can't see it.

[Anonymous No.26165348]

>>26164676
You program atomic operation within smart contracts you gigantic asswipe

[Anonymous No.26165795]

>>26165026
It is better than the alternative: not being able to communicate between different networks.

[Anonymous No.26166129]

>>26165026
Crypto is a meme, silly. There will be no decentralised utopia.
Wait until Biden’s red brigade starts confiscating your tokens. I doubt you have it in you to resist, kek.

[Anonymous No.26166160]

>>26165795
The alternative is wrapped tokens and wallet software with good key management. The absolute effrontery of devs thinking interoperability means everyone paying tax to their umbrella chain.

[Anonymous No.26166206]

>>26165795
why would you want to communicate across network with incompatible VMs?

[Anonymous No.26166435]

>>26165348
You can't do this with AVAX tardo. The network doesn't support it. Please tell me how useful a smart contract platform is when contracts can't safely interact with each other.

[Anonymous No.26166602]

>>26166129
wont happen i'm not a burger.
biden wont confiscate shit. people/companies will just move out of the usa if it becomes a commie shithole.
what you want is a dystopian future where you need a license to a central entity to connect to others or be kicked out of the network. not gonna happen buddy.

[Anonymous No.26166696]

>>26166206
It is unavoidable in real world applications where you have numerous enterprises with different systems which must interact with each other at scale. It enables a slow transition from their legacy systems. They also wouldn't like to be locked a single network forever, better ecosystems will emerge.

>>26166160
kek

[Anonymous No.26166922]

>>26165348
The problem is that your contract cant talk to any other contract, meaning that 2 different apps cant communicate. E.g chainlink cant talk to uniswap to make bets on whether bitcoin will go up and down. Or with a normal example, stripe (payment system) cant connect to your website to handle payments.

[Anonymous No.26167090]

>>26165795
>communicate between different networks.

Why is this an issue when literally no one does it right now, apart from wrapped BTC.

[Anonymous No.26167190]

>>26166129
that would reinforce the need for decentralised assets and cause a pump though

[Anonymous No.26167662]

>>26167190
There will be no pump if enterprise exits all positions and wimps like the other fella run from the rampaging commie hordes.
So, for all of us to make it, we need Quant Network to make it so the government fags think they won.

[Anonymous No.26167881]

>>26166922
have you tried the c-chain? All smart contracts cant communicate with each other SEAMLESSLY. Like in ethereum.

Stop talking out of your ass

[Anonymous No.26167949]

>>26166696
are you advocating for chainlink? sounds like you do.

AVAX has close ties with those guys you know.

[Anonymous No.26168015]

>>26167881
>cant
can

[Anonymous No.26168086]

I've hedged about 500 QNT to 2,500 AVAX at this stage

[Anonymous No.26168105]

>>26167881
Yeah, I thought it basically has the EVM, so works exactly the same as Ethereum.

[Anonymous No.26168177]

>>26161258
>>26161317
Now this is some good FUD. More please.

[Anonymous No.26168211]

STILL NO PUMP

[Anonymous No.26168225]

>>26168015
>>26168105
This is wrong. Check their own fucking website. There are no guarantees for atomicity. It makes it impossible to build smart contracts that rely on each other because you can get into a fucked up state.

It "has" the EVM as long as you're working with a single contract.

[Anonymous No.26168245]

>>26168211
No rush, I need more.

[Anonymous No.26168303]

>>26168225
Then how come he says here >>26161317 that is supports atomic multi-asset transactions, just not across subnets (yet).

[Anonymous No.26168321]

>>26157537
Did you guys think this meme coin was a long term hold?
Sell while you can and move to greener pastures.

[Anonymous No.26168348]

>>26168225
nope, try again

or provide proof

[Anonymous No.26168371]

>>26168225
Atomic transactions: https://docs.avax.network/build/references/coreth-atomic-transaction-serialization#atomic-transactions

[Anonymous No.26168415]

>>26168303
>supports atomic multi-asset transactions, just not across subnets (yet)
why would it need to? thats not the point of subnets - those are suppose to launch different, incompatible VMs

[Anonymous No.26168483]

>>26168415
Yeah, I agree, I was just to disprove his fud saying that there are no atomic transactions.

[Anonymous No.26168557]

>>26168371
>Atomic Transactions are used to move funds between chains
This speaks nothing about smart contracts interacting in a single subnet you gigantic faggot. Supbnets/different blockchains dont need to be compatible for fuck sakes

[Anonymous No.26168633]

>>26168303
>>26168348
>>26168371
Holy shit. You guys are shilling AVAX but don't even know how it works? They have atomic operations across chains (imports and exports), but not subnets.

This means that you'd need to have every contract deployed to the same subnet in order for them to communicate. This completely destroys any theoretically scaling benefits.

[Anonymous No.26168790]

>>26168633
>This means that you'd need to have every contract deployed to the same subnet in order for them to communicate. This completely destroys any theoretically scaling benefits.

Assuming everyone uses the base subnet, then what is the problem?

[Anonymous No.26168831]

>>26168557
I just said I agree with you in my earlier post - stop spazzing out.

[Anonymous No.26168890]

lol, it's only secure because the founders own and stake over 50%. Much decentralized, very secure.

[Anonymous No.26168892]

>>26168790
>This completely destroys any theoretically scaling benefits
>completely destroys any theoretically scaling benefits
>completely destroys any theoretically scaling
>completely destroys any scaling
>completely destroys scaling
>destroys scaling

I can't make this any easier for you bro. Imagine how useless an "eth killer" is that can't scale

[Anonymous No.26168923]

>>26168892
It has 4,500 tps on the base subnet.

[Anonymous No.26168977]

isnt this project from Brooklyn? that tells you you should stay away

[Anonymous No.26169095]

>>26168890
False, see >>26159434

[Anonymous No.26169566]

Thinking about buying a stack of AVAX ($4,000) now and selling it 2 years from now when I finish my degree so I can pay off my student debt (28k)

... Where's avax going to be in 2 years? Is this a stupid idea?

[Anonymous No.26169643]

>>26168923
Yes. We've all seen the benchmarks where
>100% of nodes controlled by Ava
>All nodes operating on AWS
You're not getting that same throughput on decentralized, consumer grade hardware

[Anonymous No.26169656]

>>26157537
>Turkey
no

[Anonymous No.26169662]

>>26168633
its not using the subnets to scale and doesn't need to, they aren't shards

[Anonymous No.26169794]

>>26169643
Aight, well we'll see won't we.

Fact is, if the nodes can't keep up due to low CPU, then their response rate will go down and they won't get rewards. Also, pretty sure the protocol is not gonna hang just because of a few weak links / nodes in the network.

[Anonymous No.26169938]

>>26169662
then what's the point of having subnets at all?

>>26169794
We were talking about throughput benchmarks. Not node decentralization now.

[Anonymous No.26169954]

>>26169095
Did you really think he was trying to be honest? Most of these jelly Avax fudders dont care about being right or facts. They only care about getting people not to buy (often while hoarding bags full of coins themselves). I understand, i would do the same if i was going to miss the best ride since eth.

[Anonymous No.26170102]

>>26169954
Yeah, I give up. He's either a complete retard. Or worse being deliberatelty dis-ingenuous to FUD and put people off the project for whatever reason.

[Anonymous No.26170218]

>>26160174
There is no way the EU is going to allow anyone to print Euros. Expect more crypto regulations or them to outright ban those tokens.

[Anonymous No.26170285]

>>26170218
If the USA allows it, why wouldn't the EU. Besides they are not 'printing' euros. Someone gives them euros -> they get a token in return.

[Anonymous No.26170392]

>>26169938
The subnets allow AVAX to have custom validator sets and rules, which means a project can create permissioned Blockchains.

e.g. if you only want a set of validators that a based in the USA you can set that as a requirement or if you only want people from a certain company to have access or want a really high TPS they have to have a specific hardware.

Its one of the main reasons I'm so interested in the project.

[Anonymous No.26170408]

>>26170102
>He's either a complete retard

[Anonymous No.26170425]

>>26170285
The USA is far more liberal with companies than the EU. Also, the European Central Bank has already stated several times that they dislike cryptocurrencies, they don't think of them as real money, they want to make their own digital money AND they have all EU countries by the balls so only the European Central Bank can print Euros.

[Anonymous No.26170430]

Is avax not a copy of dot?
Why would anyone choose a "not know" company over a well known one!

[Anonymous No.26170570]

>managed to swing +5% today
lmao

[Anonymous No.26170573]

In the real worl "outside 4chan" nobody give a shit about avax...why would you choose avax over DOT

[Anonymous No.26170617]

>>26170570
fuck this dead coin im jumping on prq ship, the chinese are coming tomorrow morning

[Anonymous No.26170640]

>>26170573
>why would you choose avax over DOT
because its tech is superior brainlet

[Anonymous No.26170772]

>>26159190
Is that fucking Boxxxy?

[Anonymous No.26170845]

>>26170772
sayuri matar newfren, it's a man

[Anonymous No.26170935]

>>26170845
I'd fuck him and call him boxxy.