Hey since its a bear market I was thinking we could have an old biz useful thread for a chain.
It's accumulation season now, with a leg down to 20k pretty likely. Most of my bags are in BTC/Link. But, what L1s should we be stacking right now? I'm thinking of stacking AVAX, and maybe SOL? Does anyone have good fud on those projects? I feel like Eth2 and ADA have fundamental problems and might swing wide on those?
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> muh the tech
this
newfags don't know
Fpbp
How old is this graphic? Just comparing Lamden to a bunch of also-rans?
I don't even know those. Used to main atropos in dota all stars though.
Not bad assessment. Do you really think it's fair to say ADA has the best community when there's so little actual dApp development on it?
What kind of a pajeet created this pic? It contains mistakes characteristic of tech-illiterate people.
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>here let me compare this shitcoin you've never heard of to seven other shitcoins you've never heard of
kek this
newfags won't understand tho
Probably cardano, and I say this unironically, though I hate charles and I have never bought ada
It's AVAX for me. I appreciate the active admin support in Avalanche community.
Another community with such novel support would be Equilibrium DeFi. Nice one on there too.
Avalanche
/thread
It's Avalanche'ing alright.
It's never going to break ATH.
Let it go.
this summer im going to accumulate avax, icp, algo
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Solana summer baby. Be greedy when other show fear
Aleph Zero
The only reason people would keep shilling the same several years old and deeply flawed tech is because they’re bagholders. If you really followed tech you’d look for the next new thing like AZERO. It’s not even shilling, it’s a fact. In two years there’s gonna be something yet again newer and better. Your shitty soladax was crap in 2021 already
>It’s not even shilling, it’s a fact.
t. midwit who doesn't understand they will have bottleneck issues
Not pictured.
Fantom.
As someone that DCA'd XLM 2019-2021 I don't think buying these are the play.
You should be looking at the new shiny L1s:
Celestia, Atpos and Mina.
I still think XLM wins the CBDC tournament, btw.
>Will stand
ETH
>Best community
ADA thus why it's likely to stand
>Best whales
ADA/SOL
>Best overall
Probably Avalanche
>Best Bullmarket hold
Probably Fantom
>Most under the rader
Probably Mina (Tho it's a ghostchain)
>Most overpriced
BSC/ADA
>Most undervalued
Probably Avalanche
>Most under appreciated
Maybe Cosmos
>Most fudded
Avalanche?
>Most neutral
Polkadot?
Facts the whales in ADA and SOL know how to make my fucking wallets hurt. They are on some next level insider crap when it comes raping me on the way up and on the way down. AVAX is undervalued as well, im a TVL maxi idc about promises over what is secured in relation to mcap.
I wonder, which of those chains has the most active developers and has been created and funded by a dev that is well known for another blue chip project and that is politically neutral and academically on another level, than all of those other homosexuals.
/biz is so fucking stupid, I get a headache from those superficial comparisons. Most of those mentioned chains are just scams, some involuntarily out of incompetence and some voluntarily because of greed and malice.
ALGO.
Say something nice about ROSE
regardless who wins, link wins with them
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you already know the answer
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next bull run is going to be focused on L1s that can actually scale, meet regulatory requirements, and have a safe and efficient developer experience. none of the chains mentioned in this thread do even two of those. their consensus models are years old and have been shown not to work at scale lol
>their consensus models are years old and have been shown not to work at scale lol
AVAX subnets solve this issue tho
subnets lose atomic composability with other subnets and/or the main chain. lack of atomic composability imo is not an adequate solution for the future.
>atomic composability
seriously, have a nice day
what a contribution to the conversation.
seethe more quietly please.
Only real way to deal with a commie
also if you don't think atomic composability is important, then I don't know what to tell you. it's pretty important.
the crypto community will eventually wake up to the fact that "L2ing" your way out of scalability issues is fundamentally flawed. any L1 boasting about their soon to come or existing L2s is the fastest way for me to determine it is not the future
you could start by explaining why it's important rather than just saying that it is
most unsharded chains have it currently. when they move to shared they will lose it. atomic composability is a characteristic that allows "all or nothing" in a transaction. AC enables things like flash loans to exist as well as other things that are unique to DeFi.
Cardano does, Ouroboros has proven the opposite, your shitty patented shortcut chain is never going to be popular, stop marketing somebody's VC scam for free.
Including L2s Cardano will have more throughput than the entire Radix protocol except it's decentralized
Good luck
lol there isn't a single statement of truth in anything you just wrote.
>radix isn't patented
>certainly is not a shortcut whatever that means (been being developed for like 8 years)
>no VCs
>radix is decentralized and xian will make it even more so by enabling low power computers to be validators (raspberry pi)
> unless you're talking about Cardano's throughout of "peer reviewed papers" you must be joking lol
>radix's patent hasn't cleared yet so I will lie and say it's not patented
>if its partially decentralized then I get to say its decentralized
show us the pending radix patent bro
NEAR ser
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A lot of people really don't know. We are early.
SOL will die similar to CRO.
ADA can become viable, but it's already a top 10 coin that won't multiply that heavily.
The answer from an investor's perspective is clearly AVAX.
$5 at ETH's current market cap
$21 at ETH's ATH
even if it doesn't flip ETH, there's your outlook for the next bull cycle
That's nice, anon, but I seriously expect AVAX to reach 5 digits.
None will last, none will win. They are only useful as gambling ground
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>Which L1 will win?
ICP because it's not yet another EVM casino hosted on homosexual cloud
You have also no whales cashing out, so the downside is still minimal compared to the other popular ones i think it'll be a comfy bear market hold
How many Avax do I need to install an avax node?
Fantom
Multiple chains will need to exist because you can't fit the entire world on a single chain. Just because Apple is huge doesn't mean Microsoft will die. People like choices and what works for some doesn't work for others.
ROI wise Discreet will have the biggest growth next year. Screencap this.
>revolutionary new consensus model with horizontal scaling solution, basically solving the blockchain trilemma
>pee pee poo poo chain with 0 users
>is down most of the time with block reorgs
I don't know OP it's a pretty level playing field I think
People still have no idea about pulse chain…. Wow
the one that doesn't piss away over 2,000 kWh per transaction.
Which ones are best for this? Or another way of asking the best non-PoW?
Avalanche is the best PoS chain hands down, legit alien tech compared to everything else
>Which L1 will win?
ICP/BSV
BSV from a tech pov is garbage, BCH is the real deal, but it's being suppressed by the same cartel that is suppressing Monero.
ICP is unironically solid.
Rose, its as clear as day.
AVAX probably.
Mtv and it aint even close
>Which L1 will win?
LUNC
spoiler, non
>Cardano
Charles keep promising thousands of dApps but there are only 580 so far
>Solana
Network goes down every week
>Avalanche
Claims to be a scaling solution when they had gas fees go all the way up to $14
Im betting my money on Hedera.
They dont experience down time. They offer some of the fastest and cheapest transactions. And their ecosystem is starting to shape up nicely now that HBAR foundation is allocating more than half a billion towards expanding the Hedera network
>Claims to be a scaling solution when they had gas fees go all the way up to $14
Lmao literally subnets solved this issue.
>now that HBAR foundation is allocating more than half a billion towards expanding the Hedera network
Does Hedera only pay you the 3 rupees when you copy and paste this exact phrase? Why are you hbar shills always so fucking obvious about it
>Claims to be a scaling solution when they had gas fees go all the way up to $14
Extreme low IQ post
every time i've swapped tokens from coinbase to my avalanche wallet i paid 6c. Soon as the core wallet drops which lets you bridge btc and easliy use all the apps in the defi space it's pretty much over.
Win what? How delusional are you that there's anything to win in crypto. It's just a shell game.
Nobody. Future is multichain as nobody has solved the blockchain trilemma. Some will be valued higher than others but ultimately since some sacrifice speed, price, or security/decentralization for one of the others then I doubt any L1 is going to disappear
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OP here. Surprising amount of different answers to this. I guess crypto is still early days so almost every chain has a thesis that sounds good.
In any case, thought I'd add up people's opinions, 1 vote per ID. Looks like AVAX is a strong favorite with 10 anons shilling it, followed by ADA =5 and ICP =4.
Thanks biz, unironically going to go buy 10,000$ worth of each.
Question for anyone who replied: given the diversity in opinions for the winning L1, are you better off:
A) Trying to pick an L1
B) Just stacking Link/BTC instead
?
I will inverse this. following majority thought of /biz has never been. successful
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I hope you genuinely don't take investment advice from the braindead refugees on LULZ
If you cannot decipher by now that literally every single L1 aside from Avalanche is vaporware then you're simply ngmi
sol and avax are scams
ada sucks but may work in a thousand years
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If you become a Node Operator in this Network, you will make your first million within three years. Okay?
I'm gonna repeat that. You will make a million dollars within three years of your first day of Staking your own Avalanche Node.
There is no question as to whether or not you'll become a millionaire staking here.
The only question is how many times over. You think I'm joking?
I am not joking. I am a Node Operator. It's a weird thing to hear, right?
I'll tell ya. It's a weird thing to say. I am a fucking Node Operator.
And guess how much I stake. ten thousand. You know what that makes me here? Micronode senior citizen.
This other DeFi business is entirely comprised of ghostchains, not mine.
Lucky for me, I'm very fucking good at staking AVAX, or I'd be out of rewards.
You guys are the new blood. You're gonna go home with the kessef.
You are the future big swinging stakers of this network. Now, you all look shitcoin hungry, and that's good.
Anybody tells you C-Chain is stuck doesn't fuckin' have any sJOE.
They say blockchains cant scale? Look at the fuckin' AVAX Consensus. high tps and decentralized, baby.
You want details? Fine. I run a 8core 32GB on a VPS. What's up? I have additional 2% from delegation rewards.
I can validate every Subnet you could possibly imagine. And best of all, kids, no slashing.
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So, now that you know what's possible. Let me tell you what's required. You are required to delegate and DeFi your fucking ass off at this Chain. We want sovereign node operators here, not redditors. A redditor invests in Solana. A redditor asks how much AVAX you get in the first year. APY?
People come and validate this chain for one reason: to become filthy rich.
That's it. We're here to make friends. We're savin' the fuckin' manatees here, avax is green guys.
You want APY? Go get rugged, like jeets. The first three months at the Network are as a Delegator. You make $15 a week. After you're done delegating and researching, you do the Node Tutorial. You pass that, you become a Node Operator and you're booting a raspi for Avalanche. You open one Validator, you start Staking for yourself. Sky's the limit. Word or two about being a Delegator. Friends, parents, other FUDfags, whoever, they're gonna give you shit about it. It's true. $15 a week? Not a lot of money. Pay them no mind. You need to learn this business, and this is the time to do it.
Once you run the Node, none of that's gonna matter. Your friends are shit. You tell them you made 25 grand last month, they're not gonna fuckin' believe you. Fuck them! Fuck'em! Fudders don't like Emin? Fuck you, garden gnomeSOL and pedoDOT homosexuals.' See how it feels when you're makin' their fuckin' portfolio without risk in a month. Now, go home and think about it. Think about whether or not the AVAX Node is really for you.
If you decide it isn't, listen, it's nothing to be embarrassed about. It's not for everyone. Thanks. But if you really want this, you post in this thread and we'll talk. Just don't waste my fuckin' time.