Tezos has more of it's coins being staked than any other cryptocurrency. It is the number 1 staked coin.
So where is the fucking hype?
WTF
My bags grow heavier by the fucking day
Why is there no hype surrounding this shitcoin?
Isaac Lewis
Other urls found in this thread:
coinmetrics.io
tzstats.com
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bloks.io
twitter.com
Zachary Gomez
alts are just scams to get more btc
Jaxson Gonzalez
What is it doing? Eth is where the hype is for staking. Tezos isn’t doing shit with its platform
Brody Stewart
Model is not sustainable
Team imploding
Juan Murphy
literally all it's meant to do is stake. and you're surprised people are staking?
Alexander Foster
Yeah but who the fuck knows when eth 2.0 is going to come out... it could be years before we're able to stake with eth.
Jeremiah Wilson
no hype is needed user. it's working as intended. just hold and stake and receive your rewards. it'll move with the rest of the market, but there likely is no more big news for it in the near future to really pump.
Ian Fisher
How is it gonna increase in value now? All staking does is create a pump and dump unless people are using it
Jonathan Gomez
Because staking alone by itself is absolute dumbest shit in the world
The reason it might work for ethereum is because of the network itself, devs, apps, protocols. All of that matters. Ethereum similarly didn’t invent PoW, it just used it to secure the chain. The value was coming from the network, not PoW
If all tezties has for itself is most PoSed chain, then I’d move on. Don’t miss the forest for the trees
Samuel Wright
As others have pointed out, staking is pointless on a platform that no one uses. It's just used as a way to trick people into pumping the price while the greater fool theory plays out. Your rewards come from inflation. No inherent value is being created.
EOS is the only blockchain I know of that gives real staking rewards (people pay for resources to use the network and stakers get a piece of the payment). But because hardly anyone uses EOS like every other DAPP platform, the rewards are a joke, as intended.
Any platform that has high staking rewards that seemingly come out of thin air is a scam.
Nathaniel Lee
OP it's actually good because there's no retarded hype. It's doing things, dropping a new alt coin, projects with real estate firms and all kinds of things but they just do that rather than play the hype game all day. Don't expect a lol sudden x 10 jump, but it's a great hold for just getting free e money while staking and it while it moves upwards
Easton Martinez
yeah, you're a moron. Tezos has barely higher inflation than Bitcoin. also, people are using it. there are 25,000+ transactions onchain a day. definitely not as much as ethereum or bitcoin, but it's also a fraction of their market cap.
Anthony Brooks
93% staked means only 7% of the supply goes into price action.
Owen Peterson
Who cares though
Ethereum is literally the DeFi platform. What is tezos good for? Who is building value out of the tezos ecosystem? Those transactions are pointless.
John Wright
>yeah, you're a moron. Tezos has barely higher inflation than Bitcoin
Ironic calling someone a moron when you completely missed the point. With Bitcoin, inflation is a reward for validating blocks, which costs money. Hence real value is being created. On tezos, the platform just arbitrarily increases the supply. The inflation rate itself is irrelevant to the point.
>also, people are using it. there are 25,000+ transactions onchain a day
Transaction count means nothing. EOS has 72 million transactions in the past 24 hours. Yet still, no one really uses it.
Jeremiah Foster
>coinmetrics.io
no it's 3.28M
coinmetrics.io
blocktivity is made by a literal lying nigger. Those numbers are completely made up. He counts every contract call as a separate transaction for eos, but doesn't for ethereum.
Turns out, when everything is based on a lie it doesn't actually work out.
Ian Clark
You do understand how proof of stake works, right? That it also validates blocks? Please tell me you know this
Cameron Foster
>there are 25,000+ transactions onchain a day
tzstats.com
>30d Avg Transactions 12,772
I'm sorry user, but tezos looks dead, it only attracted stakers, not builders.
Kevin Reed
>Who is building value out of the tezos ecosystem? Those transactions are pointless.
says who? you?
February 22nd: Video by Securitize how to issue and manage STO’s on Tezos
February 25th: Tezos has added another powerhouse tot their core development ecosystem: the iMdea Software Institute
February 25th: Electis will deploy their prototype for digital voting on Tezos
March 2nd: Ethereum DaPP Radion.fm migrates to Tezos
March 3rd: First asset to be tokenized tonight on Tezos at the "French Tech Night" in New York
March 4th: This classical piece of real estate was tokenized yesterday on Tezos.
March 16th: Vertalo and DealBox announce to tokenize $200 mill on Tezos and explore to migrate two securities from Stellar to Tezos
March 20th: “Emergents”, the NFT based card game to be released in April on Tezos.
March 20th: Tezos lawsuit is coming to an end. Onwards and upwards from here.
March 28th: The Tezos Foundation partners with STO platform Liquefy
April 4th: Tezos is working on two CBDC application proposals: for both the Banque de France and the National Bank of Ukraine.
April 5th: Tezos is getting more serious exploring a native oracle network on the Tezos blockchain
April 8th: Bitcoin Association Switzerland has launched a Bitcoin stablecoin on Tezos
April 12th: Tezos Southeast Asia and The ACCA have committed themselves to explore accounting applications on Tezos
April 15th: Tezos Japan has joined the Japan Security Token Association
April 17th: Truffle Suite launched its first support tools for Tezos
April 17th: Tezsure just released the pre-alpha open source code for OrO Nodes: the decentralized oracle network that is being build on Tezos.
April 18th: Vertalo, Advantage Blockchain, tZERO and Custodian Prime Trust aim to tokenize $300M Real Estate on Tezos.
April 21th: Tezsure released a building toolbox for Tezos: Tezster
Ryder Miller
April 30th. Tezos announces that is using Chainlink as it's oracle solution and it will be available to all tezos devs
Xavier Gomez
Don’t fall in love with your altcoins user. They will only make you into bag holding lunatics desperate to shill your scam to other people. Play the pumps and get out before the dumps/ extended crab declines
Logan Evans
>he just realized crypto has no value
Adam Johnson
S C A M HAHAHHAHAHA
Chase Sanders
You can pack multiple inline actions within a single transaction in EOS. Blocktivity counts each action as a transaction. This is a valid way of doing things since on any other blockchain those would all need to be independent transactions, making them effectively comparable.
Here's an example: bloks.io
But even 3.28 million is still a lot of transactions for a platform that no on uses, hence transaction count is meaningless.
>You do understand how proof of stake works, right? That it also validates blocks?
No, Tezos stakers do not all validate blocks user. Validators validate blocks.
Adrian Evans
>No, Tezos stakers do not all validate blocks user. Validators validate blocks.
just stop man. you are irreparably retarded and are further proving you don't know anything about Tezos. bakers validate the blocks. bakers = stakers. bakers have to have at least 8000 tezos. however, tezos also is a delegated proof stake system so people with less than 8000 tezos can choose to stake through a baker who validate on their behalf. there is nothing arbitrary about the staking rewards being given out. all the staking is done to secure the network.
Jaxon Gonzalez
All bakers are stakers, but not all stakers are bakers. It's like one of those easy IQ test question and you failed it. Helping secure a network does not create value in of itself. The network has to actually be providing value in the first place. Bitcoin does. Tezos does not, because no one fucking uses it.
Caleb Mitchell
Retard, if you are staking with a baker, you are adding to the baker's total Tezos amount and therefore they have a larger amount of proof of stake securing the network. that is why people staking with bakers get paid rewards, they are helping contribute their funds to secure the network as well. also, people are using it. you are just covering your eyes and refuse to believe it.
Evan Baker
what are people currently using tezos for besides staking?
Christian White
what are people using bitcoin for?
Andrew Sullivan
>You can pack multiple inline actions within a single transaction in EOS
which is also true for ethereum
Christian Carter
Just because you're giving more weight to a baker does not mean that you are validating blocks. It costs you nothing to stake. It costs a baker money to validate.
>also, people are using it. you are just covering your eyes and refuse to believe it.
Sure buddy