watching the anons who still believes in unworthy stuff like eth lmao, time to move on to a better project dude
Watching the anons who still believes in unworthy stuff like eth lmao, time to move on to a better project dude
Jason Thomas
Other urls found in this thread:
media.consensys.net
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Zachary Wood
ETH itself isnt bad, it will live on on AVAX as Athereum.
Asher Bailey
SOL just dumped 85% in BTC value after their first token release, Avax going to have more tokens entering circulation, I firmly advice you to sell and buy back at sub 0.5-1$.
Sebastian Sanchez
Most AVAX will be locked up to run a node or delegated to a node.
Wyatt Campbell
that's because Solana is shit
Asher Mitchell
Most anons dont understand why AVAX is a big deal and their centralized shitcoin isnt.
The same way anons didnt understand why chainlink is a big deal and witnet isnt.
Ayden Cox
Wishful thinking and delusion from the highest degree, You can say this on literally every project. Fact is, More tokens in circulation that bought at much cheaper price+Bearish market move=Infinite dump.
Solana is vastly more adopted and tech ready than Avax so i wouldn't make that claim if i were you
Colton Lewis
>You can say this on literally every project.
Actually you CANT. Thats the big difference between AVAX and centralized shitcoins.
Parker Ortiz
>claim: Solana is centralized
>Solana is vastly more adopted and tech ready than Avax so i wouldn't make that claim if i were you
??
Let's check:
>Solana: still needs KYC to become validator despite calling itself "permissionless"
>AVAX: already hundred validators, scales to millions more AS IT IS. No KYC required
Sometimes I don't know why I stay on thsi retarded place.
Ayden Walker
Nobody care. Adoption is literally the only thing that matters and Avax is among the most pathetic L1's at this, Maybe the tech fud is right and developers stay away from it like a plague.
Adrian Young
>changing the goalposts
Cool. You think decentralization doesn't matter. Why didn't you say so I would have stopped arguing with a lost cause long ago.
William Johnson
rETHards
Robert Foster
LINK/ETH brainlet here, why should i buy AVAX? pls explain
Caleb Powell
Solana is faster and has bigger adoption. Serum is built on Solana for a reason. Kin will move on Solana for a reason. Even tether...
Avax is an absolutely overpriced piece of shit and will dump just like Solana.
December And January will be a bloodbath for both of them
Bentley Cook
>decentralization matters
>500 validators staking 85% of the supply
and you call this decentralization?
whales owns the entire supply and will dump on you, this is for sure
Ian Barnes
AVAX is literally more decentralized than anything else in crypto
Carter Smith
Its a new breakthrough in how Consensus is achieved. The Technology comes like Chainlink out of IC3 and Emin Gün Sirer is the Number 2 of IC3 (Juels is Number 1).
Cooper Myers
You are free to buy a stake in the net, user. Anyone is. Just like with BTC, anyone is free to buy the gear. For AVAX you don't even need the gear, just 2k tokens and a decent VPS.
No KYC required. No bank license. No election or delegation required, no chance selection to actually validate. 2k tokens and you WILL validate the network.
And the current 500 isn't all that bad. Cosmos for example has a way bigger mcap in diluted form and has only about 100 real validators.
The only networks with actual decentralisation currently are BTC (1mil unique miners in 2018) and ETH (around 300,000 unique miners, see media.consensys.net
AVAX can easily go up to those numbers and MAINTAIN its speed. Again, ALL OF THEM ACTUALLY VALIDATING. No dPOS equivalent shit. It's just a matter of time.
Cooper Gutierrez
> The only networks with actual decentralisation currently are BTC (1mil unique miners in 2018) and ETH (around 300,000 unique miners
Actually they are very centralized, only a handful of pools control the entire thing.
Joshua Harris
exactly, because the pay-out happens by chance rather than proportionally
no such situation with AVAX. Everyone validating gets compensated.
Xavier Nelson
And of course not everyone can run a profitable BTC/ETH miner. It depends a lot on the electricity prices in your region.
You also need to buy expensive miners. This further centralizes it.
With AVAX you dont have any of these problems.
John Lewis
Wrong. Cosmos is literally valued less than Avax currently despite having x1000 more adoption. Just to show how overvalued piece of shit it's.
Jeremiah Allen
Cosmos has no hard cap user. Infinite inflation. By very definition its diluted mcap will always be higher.
And in terms of non-diluted AVAX is of course even smaller in comparison.
Blake White
Nobody care about fully diluted, By existing tokens currently avax is valued more than Cosmos.
Jacob Watson
>ignores 50k+ full nodes validating every single tx
ok man...
Gabriel Mitchell
lol, but that's absolutely wrong. Value of circulating supply is way smaller for AVAX.
Tyler Miller
Existing supply=Total supply. Avax is valued at near 2B at the moment despite having zero use cases, You've literally not a single justification for this.
Jayden Reed
the miners are owned by like 17 pools or so. thats centralized.
Christopher Sullivan
miners are not the only ones validating transactions and blocks, they are collecting fees for mining blocks and including well paying transactions into the block
there are 50k full validators
Grayson Kelly
its still centralized because most of it is owned by chinese pools.
Brandon Gutierrez
most of what?
Jacob Hall
>delegated proof of stake
no thanks
Nathan Rodriguez
>needs KYC
HAHAHAHAHAHAHAHAHAHH
DROPPED THIS SHIT, NOT SURPRISED THAT NOBODY SHILLED THIS
Luis Fisher
I just want to see Solana forums after jan 2021 dump by ICO participants, lol
Elijah Walker
the miners are owned by a handful of chinese pools. that makes it centralized.
Mason Myers
back to 25 cent
Christian Lewis
since those tokens are vested and will unlock gradually (50% of all vested tokens over 4 years) they are equivalent to inflation. From 24.5m circulating to 180m circulating in 4 years puts mcap in 4 years at about 730m at current AVAX price. (if you assume inflation happens at same rate it will be 1.4bil)
ATOM inflation rate is between 7 and 20% depending on how much is staked. In 4 years that means ATOM circulating supply will increase 31% in 4 years even in the best case scenario. That means mcap at current ATOM price will be 1.49 bil.
So no matter how you look at it, if current prices stay the same, ATOM, which is a centralized shitcoin, will STILL have a higher circulating supply value IN 4 YEARS TIME.
Now tell me again which is undervalued and which is overvalued.
Anthony Richardson
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