[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 104 KB, 733x652, photo_2020-07-17_21-17-57.jpg [View same] [iqdb] [saucenao] [google]
26488002 No.26488002 [Reply] [Original]

Emin Gün Sirer:
>Cornell CS Prof has been in crypto since BEFORE BTC
>Co Director of IC3 which is 180+ researchers and 6 Unis
>EGS shills Link & is in close partnership with the Chainlink team
>Vitalik endorses EGS & already acknowledged Avalanche is a Breakthrough on par with BTC
>like Sergey EGS toured around the world for years educating People about decentralization

Avalanche protocol:
>The third consensus protocol after Nakamotos PoW and Classical
>basically consensus is reached by probabilistic sampling thousands of independent nodes over multiple rounds
>This is not repackaged shit with minimal tinkering here and there its a completely new type of Consensus Protocol
>4500+ REAL TPS (no bullshit tricks, batching, or centralized L2)
>it can scale to MILLIONS of Validators while maintaining high tps & sub second finality
>more decentralized than everything else
>running a Node is easy & hardware requirements are low
>Resists 51% attacks (would need 80%)

Tokenomics & Profit:
>hardcapped
>AVAX needed for staking & delegating
>needed to participate in governance of the network
>fees are burned & is burned when Subnets, Blockchains or other assets are created
>currently 10% APY
>only requirement to receive the rewards is 60% node uptime
>node costs ca. 20 bucks a month on a VPS

Subnetworks:
>sub networks can be launched on Avalanche with near infinite customization
>plug in and use the Avalanche Consensus for your already existing Blockchain so you dont have to build your own (like with decentralized oracles)
>Chainlink already moving to Avalanche
>AVAX node may be a member of many subnets & earn rewards from them!

Full EVM support:
>All ETH infrastructure can work on AVAX out of the box
>athereum.avax.network/
>Big picture: in no time the best parts of the entire crypto ecosystem can be mirrored on Avalanche and giving it all the TPS, scalability, speed and interoperability that it needs for the next stage

right now it trades for $12.5

>> No.26488060

Right now 50% of my portfolio is in Avax. Hodling with my iron hands.

>> No.26488085
File: 15 KB, 400x400, S9cBhWbI_400x400.jpg [View same] [iqdb] [saucenao] [google]
26488085

Update:

right now it trades for $12.6

>> No.26488300

Update:

right now it trades for $12.7

>> No.26488430
File: 27 KB, 590x586, 1611371574724.jpg [View same] [iqdb] [saucenao] [google]
26488430

>>26488002
Definition of comfy hold.

>> No.26488889

>first time trading
>hear about AVAX
>go all in 20k+ USD
if that's all it took to not have to work i'm coming back here and organizing and AVAX party, all invited. You shitheads better not say you can't go cause you've got work or something.

>> No.26488921

>>26488002
Hes truly the King of Kings

>> No.26488944

>>26488889
Avax bro parties will outperform all other parties. Count me in.

>> No.26489119
File: 17 KB, 403x408, holderAvax.jpg [View same] [iqdb] [saucenao] [google]
26489119

>>26488889
Got a node to run and all the upkeep of that.

It's not much but it's honest work.

>> No.26489190

>>26489119
already got the equipment, just waiting for voyager transfers, or i go the stupid VPN binance route to get it into a wallet.

>> No.26489324

>>26489190
>goyager has no withdrawals
>don't want to risk Chinance VPN again
FUCK

>> No.26489366

>>26489190
Also are you going the RPi route?

>> No.26489620
File: 15 KB, 303x298, photo_2020-07-18_02-38-34.jpg [View same] [iqdb] [saucenao] [google]
26489620

>>26489190
Should atleast become easier when the bridge is availalbe, then you can get avax off dexes.

>> No.26490173

>>26489366
yep, just watched the video and bought all the things. still in the boxes

>> No.26490560

>>26488889
Can we buy the Hagia Sophia and make it into the AVAX citadel?

>> No.26491132
File: 92 KB, 387x309, VitaliksMonsterUnderBed.png [View same] [iqdb] [saucenao] [google]
26491132

>> No.26491237

>>26490173
I can only afford 1.5k. Currently hoping that:
>Voyager sorts their shit out and I can withdraw
>node req drops to 500
Then maybe I can finally make it. But I'm comfu just holding until then.

>> No.26491359

>>26489366
You need 2k of your own coins right?

>> No.26491420

>>26491359
Currently yes, but if anons are to be believed it'll be 500 soon

>> No.26491849

>>26491420
It's likely to be dropped to 500, maybe even less. The more nodes the better for the network.