I’m basically loading up on ETH and MATIC >why I’m buying ETH: Ethereum has proven to stand against the test of time and the merge will open up so many new opportunities since power consumption will reduce dramatically and more companies and institutions can now start using it for their Web3 identity
>why I’m buying MATIC: A misconception is that the merge will make fees lower. this is false. Nothing will reduce gas fees on Ethereum itself. The merge will however pave the way for Sharding which will give L2s a huge boost in throughput. Polygon is by far has the best tech between all other L2s. They have 8 multipurpose Ethereum scaling solutions They also launched the Polygon Avail testnet yesterday which will help Ethereum drastically reduce gas fees by storing data off-chain and then presenting only the data needed at the moment. They’re also the first to develop an open source zkEVM And to top it all off, MATIC has proven to the best performer between all other L2s on the market
matic is a decentralized scam if im going to invest in any L2 its going to be optimism
Cameron Hill
you do realize that Optimism is way more centralized than Polygon is right?
Optimism has a single point of failure meaning that their sequencer is centralized and everyone is susceptible to losing their funds if said sequencer get sanctioned or harmed in any way possible
This isnt reddit faggot No one here understands anything you are saying
Andrew Diaz
this is why this board is dying
Nicholas Clark
not really. youre the dumb faggot here. i know exactly what user is talking about and its actually a very serious problem that not many focus on its literally false advertisement. optimism is NOT decentralized by any means. in fact i might even agree with user on polygon being way less centralized than optimism is
Hunter James
But what makes you think that the merge is going to make ETH pump? Youre just assuming at this point lol
Lincoln Rivera
>youre just assuming at this point lol oh yeah you're right, why would a major blockchain with the best and most used dApps out there experience a pump after getting a major upgrade that will make it much easier to build on it? you're seriously very stupid
that one time when Optimism promised they'll never release a token >releases token anyway
Tyler Phillips
why does /biz hate optimism?
Jaxson James
>Not buying fantom instead
Liam Long
>Ethereum has proven to stand against the test of time that was only because of the Miners. >and the merge will open up so many new opportunities it opens it up for more centralization, censorship and other BS nobody really needs or wants. >since power consumption will reduce dramatically and more companies and institutions can now start using it for their Web3 identity Ethereum still cant scale, the merge changes nothing.
Matic is a shitty L2 thats secured by a multisig and if 2 nodes fuck up its over, its also made by streetshitters.
Better dump those MATIC and ETH bags and get some AVAX instead. much better platform and actually solves the scaling problem.
Jacob Rodriguez
because theyre fucking liars based. bought $4k MATIC yesterday
Anthony Roberts
also centralized with already dying DeFi. centralized shitty L2. dont fool yourself, constant reorgs, being extremely centralized and made by jeets. your POV will be the same shitting street as ever.
>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.
tl;dr if you want low risk staking where you dont get fucked you stake AVAX instead of ETH.
its centralized outdated tech and cant scale, it will not win anything. sorry to tell you nigger, its time to divorce your shitty bags.
Jason Diaz
wow how creative. unfortunately you are 3 years too late to profit from this narrative. nice try. better luck next time baggie
Daniel Anderson
Polygon >has one of the highest DeFi TVL in the marke, exceeding Avalanche, Solana and Cardano >has 8 multipurpose Ethereum scaling solutions >is developing the first ever open source zkEVM >has partnerships with major billions dollar companies like Facebook, Disney, Coca Cola, Stripe, Bentley and many more >has held up better than many other alts in the market >has more liquidity than all other competitors (go check for yourself) >doesnt have an impending lawsuit that will fuck the founders, the devs, the tokens holders and the entire chain (pic related)
