/AVAX General/

[Anonymous No.51170384]

Emin Gün Sirer:
>Cornell CS Prof has been in crypto since BEFORE BTC (Karma2003)
>exCo Director of IC3 which is 180+ researchers & 6 Unis
>close partnership with the Chainlink team
>Vitalik endorses EGS & acknowledged Avalanche is a Breakthrough on par with Nakamoto
>is for decentralization and Censorship resistance
>oldschool haxxor

Avalanche protocol:
>third consensus protocol after Nakamotos PoW & 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)
>can scale to MILLIONS of Validators while maintaining high tps & sub second finality
>highest Nakamoto coefficient
>running a Node is easy & hardware requirements are low
>Resists 51% attacks (would need 80%)

Tokenomics & Profit:
>hardcapped
>AVAX needed for staking on nodes & delegating to nodes
>needed to participate in governance of the network
>fees are burned (also when Subnets, Blockchains & other assets are created)
>9% APY + delegator reward% + Subnet Rewards
>only requirement is 90% node uptime
>no slashing

Subnetworks:
>sub networks can be launched on Avalanche with near infinite customization
>"Blockchain as a Service" to tokenize all the Assets in the World
>Chainlink Subnet is in the works but also 900 other subnets from gaming to finance to CBDCs, payment providers everything is possible on Avalanche
>AVAX node may be a member of many subnets & earn additional rewards from them all!

Full EVM support:
>All ETH infrastructure can work on AVAX out of the box
>C-Chain (EVM) Subnet is constantly developed further and made more efficient
>C-Chain mirrored the best parts of the entire ETH ecosystem and improved on many ideas giving it all the TPS, scalability, speed and interoperability that it needs for the next stage

right now it trades for $20.21

[Anonymous No.51170398]

>>51170384
some comfy stuff to watch:

>most recent Emin Livestream:
https://youtu.be/bFJnCNyRBX8

>Quick rundown how Avalanche works:
https://www.youtube.com/watch?v=4GIsieFUXMw

>Long Autismal Version:
https://youtu.be/cEnoZc6sv44

>comfy Emin and Sergey/AVAX and LINK friendship video
https://www.youtube.com/watch?v=PS3ckksfzaI

>John Wu (President of Ava Labs) presents at Harvard and Emin beams in as a Hologram
https://www.youtube.com/watch?v=DUKINsBr9Z0

[Anonymous No.51170408]

Hey nigger, I have AVAX

[Anonymous No.51170431]

AVAX Explorers and Node infos:

https://vscout.io/
https://avascan.info/
https://snowtrace.io/
https://subnets.avax.network/
https://check.allnodes.com/
https://stats.avax.network/dashboard/overview/

[Anonymous No.51170435]

interesting Avalanche Twitter accounts to follow:

>Emin of course
https://twitter.com/el33th4xor
>Kevin
https://twitter.com/kevinsekniqi
>Ted Yin (Chief Protocol Architect )
https://twitter.com/Tederminant
>John Wu (President of Ava Labs)
https://twitter.com/John1wu
>Patrick o grady (System Engineer)
https://twitter.com/_patrickogrady
>Stephen Buttolph (the other Chief Protocol Architect)
https://twitter.com/stephenbuttolph
>Michael Kaplan (Senior Software Engineer who makes the Bridges)

[Anonymous No.51170438]

>>51170384
sorry fellow avaxchads, seeing Vitalik's big cock was the last straw for me. I sold all my AVAX and bought ETH. It was fun while it lasted.

[Anonymous No.51170442]

>>51170438
Lets compare ETH2 to Avalanche:

>ETH staking withdrawals will not be available right away
Avalanche withdrawals are available since Mainnet launch YEARS ago
>The current plan is to deploy the withdrawal functionality in a software update 6 mo - 1 year after the Merge.
essential stuff like this was never missing on Avalanche, this means you have to stake ETH for up to a year, maybe even longer while on Avalanche you can Stake for 2 weeks minimum or 1 year maximum or anything in between.
>The current projected income rate (for ETH) is around ~4% APY
Running an Avalanche Node has a proven 9% - 12% APY (paid in AVAX) since Mainnet Launch 2 years ago.
If you run a Node you get Staking rewards, % of your delegators rewards and Tokens from validating several Subnets. (The Golden Subnet Bullrun has not started yet).
>Also the withdrawal system will be implemented as a queue to limit the amount of ETH that can be withdrawn per day,
there is no queue on Avalanche, its instant, sub second, its finalized faster than you can press F5. thats all transactions or smart contract interactions on Avalanche, even when you go crosschain between X Chain and P chain and C chain and other Subnets its instant. Sub Second finality.
>Transactions take 14+ Minutes until they are finalized
I repeat: on Avalanche transactions are almost instant.
>Ethereum has Slashing which means you can lose your stake due to a Hardware or Software bug
No such thing as Slashing on Avalanche.
>ETH2 has Censorship at the Protocol level as all validators are ran by Kiked corporations
on Avalanche you have independant Node operators.

[Anonymous No.51170464]

EGS and Kyle Roche response to the recent FUD wave:

https://medium.com/@kyleroche/my-response-b691563c255b
https://el33th4x0r.medium.com/my-statement-about-the-crypto-leaks-lies-ef2005da752

tl;dr the FUD was manufactured by ICP and their mentally ill CEO (wannabe competition to Avalanche).

[Anonymous No.51170465]

>>51170442
Vitalik has big pp
your argument is invalidated

[Anonymous No.51170474]

what now?
wouldnt mind some more aggressive movements
wanna swing myself into more vaxies

[Anonymous No.51170484]

>>51170465
this isnt how it works bro.
>>51170474
>what now?
you buy the dip while its there.

[Anonymous No.51170627]

>>51170484
It's already up by 12%. Chuds missed the train.

[Anonymous No.51170714]

>>51170627
yeah seems like the insane clown posse fud dump and recovery has already played out

[Anonymous No.51170724]

>be AVAX
>claim to be scaling solution
>somehow manage to send has fees all the way to $14 cause of a fucking crab game
TOP KEK

Polygon managed to keep gas fees way below $1 even under a similar ddos attack

[Anonymous No.51170727]

>>51170714
Thank god, I didn't fall for the pressure and doubled my avaxxies.

[Anonymous No.51170755]

>>51170464
>tacitly admits his statements are true
>deflects with “muh muh it was obtained without my permission”
I’m curious how hard the hammer will fall on avalanche.

[Anonymous No.51170785]

>>51170724
>Polygon managed
to stay centralized, have 100 block deep reorgs almost daily and is basically a glorified multisig made by a streetshitter from Mumbai.

[Anonymous No.51170788]

>>51170755
>I’m curious how hard the hammer will fall on avalanche.
nothing will happen to Avalanche and Ava Labs and that FUD campaign will backfire on ICP like ZeusCapital FUD backfired for Nexo and Simeon.

[Anonymous No.51170823]

>>51170464
Meh not surprising in bear market, even FTM get fud article by RektHQ a SOL bagholder and he didn't even apologize for it.

[Anonymous No.51170832]

>>51170724
Sirs...

[Anonymous No.51170842]

>>51170785
its so ironic of you to claim that Polygon is centralized when Avalanche is literally backed and controlled by Ava Labs, a completely centralized company with its own stocks and goals using AVAX as a tool to fund its own agenda and pocket profits

[Anonymous No.51170852]

>>51170832
Sandeep bend the knee for Emin. If Sandeep was smart he would make Polygon a Subnet on Avalanche.

>>51170842
>when Avalanche is literally backed and controlled by Ava Labs
The network is powered by independant Node operators.
>using AVAX as a tool to fund its own agenda and pocket profits
thats good for the Avalanche Network, as you can see it keep growing.

[Anonymous No.51170861]

>>51170832
What in the fuck did I just read? Matic jeets, explain this now.

[Anonymous No.51170983]

>>51170785
Yeah whatever you say ottoman bootlicker. How is your lira doing btw? How's the AVAX TVL doing knowing that Polygon just passed it? retards really have to hire lawyers to sue the competition and you're still losing lmao. Seethe avax fags.

[Anonymous No.51171004]

>>51170755
These retards are going to get it. There's literal video evidence. It's all on tape anon. sell, buy ETH and MATIC instead. AVAX is dead.

[Anonymous No.51171296]

>>51170983
Sandeep bend the knee already, see here kumar >>51170832
>AVAX is dead.
the Avalanche Network is doing very good actually. its far from dead.

[Anonymous No.51171332]

Trash shill thread, enjoy the exit pump

[Anonymous No.51171437]

>>51171004
price higher than two days ago, your fud failed you dumb nigger

[Anonymous No.51171505]

>>51171437
no FUD can stop the Avalanche

[Anonymous No.51171511]

Not taking this coin serious until its above Matic again. Fucking cucked coin.

[Anonymous No.51171703]

>>51170384
>can scale to MILLIONS of Validators while maintaining high tps & sub second finality
How? Each validator needs 2000 AVAX, and there's a hard limit of 720 million AVAX. There's not enough AVAX for millions of validators.

[Anonymous No.51171777]

>>51171505
KEK

[Anonymous No.51171794]

>>51171777
>>51171511
checked, here have some Avalanche HR roasties.

[Anonymous No.51171876]

>>51171703
minimum validator limit can be set from 2000 to something like 500 AVAX. It will likely be set lower and lower over time. The plan is to have it set by on-chain governance when governance is released in a upcoming update.

Anyways 1 million validators is obviously overkill, but the main point is that Avalanche consensus has a unique ability to scale far past ~150 validators, all the way into the millions, without taking a hit to finality times. It scales something like log(N) compared to BTC and ETH's N*log(N). BTC and ETH both start having issues around 100+ validators, which is why you see many Nakamoto style coins like DOT and ETH and Cosmos put hard caps on # of full validator. I would say somewhere between 5000 and 100,000 validators is a good goal, more than enough to create indestructible resiliency.

Also not all validators will want to validate every subnet(except the primary chain X, C, P), so market forces will dictate the number of validators each subnet will have based on tokenomics of that subnet. Low value, low stake gaming subnets will likely have far less validators than subnets doing sensitive financial transfers.

[Anonymous No.51171923]

>>51171876
Oh, I see. Thanks!

[Anonymous No.51171951]

>>51171794
rollin

[Anonymous No.51171975]

>>51171951
she looks fun, a little crazy maybe

[Anonymous No.51171990]

ICP>AVAX
Glory to Dominic, Remover of Kebab

[Anonymous No.51172250]

>>51171990
ICP has no DeFi
Avalanche has over 200 dapps so please stop comparing the vaporware ICP to Avalanche.

[Anonymous No.51172616]

>>51172250
>200 useless pump and dump scams
>entire network brought down by a crab game
>doublespend
Lmao.

[Anonymous No.51172647]

>>51170384
Kek this is clearly a big city greens reference image

[Anonymous No.51172671]

>>51172616
>200 useless
ICP ghostchain users dont use and dont even understand what DeFi is and to them all DeFi is useless, whats more interesting to them is low quality 2D videogames that nobody plays and "building websites" that nobody visits or cares about.
of course you dont get why a true onchain DEX is better than a CEX or why decentralized lending is important or what getting a yield even means or how its achieved, all you know is holding bags and a chart that just keeps dumping towards Zero.
>entire network brought down by a crab game
it scaled into its own Subnet long ago. and no a demanding dapp cant "bring the entire network" down, thats why Avalanche is 3 chains, X,P and C-chain.
>doublespend
that was a minor bug in which no funds were lost and which was resolved 2 years ago.

you have to come up with better FUD.

[Anonymous No.51173295]

>>51172671
very baesed response

[Anonymous No.51173932]

>>51173678

Huge TWAP on avax right now

[Anonymous No.51173979]

>>51170384
Been a while since I've seen this copy pasta, used to spam it all the time in early 2021 when AVAX was about $4
I'll post a few oldies

[Anonymous No.51174008]

[Anonymous No.51174053]

[Anonymous No.51175450]

WAGMI. Announcement coming soon supposedly.