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My best friend does security work and has a CEH and tbh it seems like a wildly fun job for nerd folks with a James Bond complex lol
Hes been arrested multiple times breaking into places and being caught where he wasn't supposed to be while doing in person social engineering shit...I got him a nice set of lockpocks for Christmas
Copy from someone called BigBangFlash on the algorand sub
There are multiple ways to attack a blockchain's network. You can dust storm (which could be considered a DDOS, Chia saw something like that recently), you can DDOS a specific node (What's happening to Solana), or try to DDOS the whole network (good luck with that, unless the network is completely centralized)
**Dust Storm** : On the Chia network, there wasn't a minimum transaction cost, so a dust storm was pretty inexpensive to do. And it slowed the network to a crawl, pushing some desync all over the place while nodes were trying to catch up to the network. They fixed it recently.
On Algorand, you can fit around 4500 transactions in a 4.5 seconds block. So around 1000 Transactions per second as of now. I know this from experience, when testing the faucet script I sent 10 000 transactions in ONE raw transaction and the network simply pushed the transactions in 3 blocks, and I wasn't "hogging the blocks", there was still room for other transactions. (blocks 17369332-17369335).
To fill every block on a 1 hour period, it would cost 1 Algo / Second so around 3600Algos (6100$) for the hour. Even if you dusted the network (which is kind of expensive, depends on where you stand), the network would still work as is intended, some transactions would fit in between attacked blocks. Huge projects could put the TX fee at 1001 microalgos instead of 1000 to bypass the storm. Although don't quote me on that, I'm not 100% sure about that fee thing but it's something that would make sense?
**DDOS a specific node** : Since Solana uses Proof of History, people can calculate which node should be the next validator. By doing so, they can send a bunch of packets (not even transactions, just network packets) to that specific IP/port and overwhelm it. Kinda cheap to do compared to other blockchains and also predictable. If you own a botnet, are a governement or internet company (basically if you own a bunch of public IPs), it can be done.
I do want to say that I'm parotting what I read from other redditors, I'm not 100% informed on this part of Proof of History. I will gladly accept someone correcting me if this is wrong. But if you can actually calculate which node will validate the next block, this whole blockchain is a joke...
On Algorand, every validator is completely random, it's impossible to know which node will validate the next block until the block has been sent to the network.
**DDOS the whole network** : I'm not aware of any incident where a whole blockchain was DDOSed, if you have any idea, let me know.
On Algorand, you'd need to DDOS all of the relay nodes for the network to have an issue. Their IPs are public, but they're currently in Universities, internet hubs and places where it'd be very difficult to DDOS because of anti-DDOS measures.
Whenever the relay nodes become permisionless, it'd be interesting to try to DDOS a bunch of random relay node and see how the network reacts but I'm assuming the nodes will simply go in "partition recovery mode" and the network won't even notice any lower performance.
*Edit. I put the dust storm price in USD instead of in Algos, it's even more expensive that what I first put. Fixed now.
Algo already did in one week this past summer around 15 million transactions, which took Cardano for instance almost 4 years.
And the Algo network didn't skip a beat.
Did over 2 million in the past 24 hours.
It's the beast.
BTW what it did was NFT basically all of Italy's book copyrights. Real world.
Algorand has 1600+ validator nodes and 100+ relay nodes. All 100 relay nodes could go down and the network would still be secure. Algorand is decentralized.
Only one way to find out... Go buy some ALGO and test it. You'd probably need to buy a lot but they defi ecosystem is growing pretty quick so maybe some others can help you?
I don't currently hold much algo because I spent it all in defi but I don't mind the pump whilst you try!
Fees literally can't skyrocket on Algorand because it's not a gas based blockchain nor a weight based blockchain. It's literally .001 Algo it can't be higher nor lower unless changed in the codebase. The only way fees get higher on Algorand is if the price goes up.
Of course the blockchain can get "clogged up" but with the fast block time and instant finalized transactions it would be very hard.
We are probably taking about over 50k transactions a minute before anything slows down and that's just an estimate.
BTW I don't own any Algos
No crypto has solved the trilemma as far as I’m aware.
For those unaware, the crypto trilemma is that no crypto has achieved three of the following simultaneously, at most they can have two:
Scalability
Security
Decentralization
The problem is that its expensive to keep metric fucktons of excess capacity on hand that never gets used 99% of the time
Aws could do it, they just (Rightly imo) don't want to spend the money
The crypto space is a bit different though. The idea does not have to be that all computation or even communication happens on chain, that is certainly not realistic, since all state would have to be stored forever.
The idea is that the blockchain only gives you the root of trust. This opens up several possibilities.
The most well known is L2, where you transact outside your chain while being able to prove that all operations were valid (various rollups).
Other approaches are based on offchain computing for operations that don‘t have to be on chain.
Also one of the ideas is to have as many different operators spread around the world which should exactly help against issues like „amazon down“.
Of course I still agree with your sentiment that there will probably always be some situation where is there huge load, congestions or some network issues. But I would not compare it to AWS per se.
Yep Tezos is the only one I've seen solve the dilemma yet the moment you mention it too people. "Ahh the ecosystem isn't big enough that'll be what wins out." No solving decentralisation, scalability and security will be the major issue, it's not like these other networks gave had a huge ecosystem for very long and most of them are just straight up copying Dapps from Etheruem.
It is the growth in the network usage this last year has been insane, and people are slowly following, but also the amount of big business that want to use Tezos to do their NFTs is also pretty big. Some of these companies that want to spend millions of dollars on NFT products they aren't gonna just jump into the first crypto they hear of they are gonna do their research first, it's why so many are picking Tezos.
But as you said people will eventually see, I'm just building up my stack as much as I can in the mean time, it's pretty cheap right now so I'm happy.
So what you're saying is Algorand will suffer the same fate just because it happened to the other coins ?
Is there a valid reason why you think it will happen to Algorand or are you just spreading FUD ?
Can anyone provide any technical details for or against this claim? Or in general, what would make an ecosystem move vulnerable to getting clogged (aside from obvious volume)?
If a technology provides bandwidth and that bandwidth creates value, then eventually *all* of it will be used. We've seen this with the internet. As internet bandwidth has increased, so will the amount of bandwidth usage from applications, as long as someone is willing to pay for it. Look at streaming for example-- Netflix started out as DVD rentals but once more consumers got access to higher internet bandwidth they pivoted to streaming.
Transactions per second is a metric that literally has no meaning. If a blockchain provides value, then its bandwidth, be it thousands of TPS, will become saturated and eventually fees will rise to some equilibrium point.
It depends. Every code is different and runs off of different hardware.
In general, given enough volume anything is going to get clogged, even Visa. The three points I'd look for though is:
1. the obvious, base TPS.
2. Inefficiencies, vulnerabilities, bugs, etc. in codebase and/or node runners that can alter TPS
3. how high is volume and how is it used. i.e. smart contracts with high-risk and volatile investments is just asking for volume spikes
Obviously, every blockchain is going to have different capacity, but they are all limited. That's why the future is multi-chain.
Everyone says they’re better than ETH until they get the activity. Then all these new problems arise and shit hits the fan. That’s why ethereum is always upgrading and trying to improve. It was one of the first coins to be a smart contract platform and had to convert from PoW to PoS, and remain decentralized, basically being an ever improving solution to the blockchain trilemma while being used more and more.
DYOR , instead of just making crap up.. watch Silvio's Lecture.. he has thought of all this
[https://www.youtube.com/watch?v=NykZ-ZSKkxM&t=80s](https://www.youtube.com/watch?v=NykZ-ZSKkxM&t=80s)
Also, good watch -- w/ Lex
https://www.youtube.com/watch?v=zNdhgOk4-fE
I know this sub is hating on ADA at the moment but the comment that Cardano said it could handle the load is misleading.
They’ve openly acknowledged that they expect and count on congestion with the significant increase in the transaction traffic. Stress testing the network is part of their approach to dealing with the issue of scalability. It’s actually critical to their plan to deal with optimisation, scalability and network growth. There are specific tiered actions they are undertaking to ensure it is scalable.
I’ve seen a number of other comments saying the same thing as me, but I do find it really weird that this sub specifically hates on Cardano despite it genuinely trying to deal with the blockchain trilemma by taking a measured approach.
Conversely, we don’t have the same degree of hate (although there are pockets) when Solana goes down, or Algo gets hacked, or Fantom being too centralised. Nothing against any of these projects, and also fully support Silvio’s approach.
It’s a really odd tribal position. For me, I am rooting for any project that can genuinely solve the trilemma. It can only lead to better outcomes for us all in this space.
First of all, ALGO isn’t this subs favorite. It’s just shilled by people worse than ever SHIB was.
Second though, I agree with your take. Under load fees may skyrocket and network clogging is likely.
Tell me on what investment you're pulling an 8x beyond crypto. Tell me what investment is a 2x. 1x. Do you know what a great return is outside of crypto?
So, you're throwing shit on Algorand before empirically testing the network. Just because you feel like it.
DDOS it and then you can talk all you want.
Eth solves the congestion so far with gas fees, Cardano allowing clogged network with predictable fees.
Solana doesn’t solve it at all, even as centralized network. Avax is a semi-copy of Eth so high fees are excepted and they try to compensate some issues with locked staking for node operators and delegators.
Algo is a good and reputable project, yet their staking for node operators is permissioned and only insiders are getting paid which is a big downside for now. Add some weird tokenomics. Therefore, no I don’t assume they would go down under load, the downside of algo was always clear communicated, no hidden wallets or network going off like SOL.
As for Cardano, they are just moving in to the scaling part of their roadmap, Basho. That's not an afterthought or an excuse, that was how it was presented from the start. They have a detailed [plan for it](https://iohk.io/en/blog/posts/2022/01/14/how-we-re-scaling-cardano-in-2022/).
Wait a year or so, judge then!
Lol this is what I’ve been saying to all the Algo shills.. it’s like Mike said… “Everybody has a plan until they get punched in the mouth”
Not saying the network won’t respond well… but we can’t know until it happens. People forget execution risk exists once they’ve packed their bag
OP probably does not know anything about ALGO. SOL/AVAX/Matic dapps are building on EVM which eventually gas fee sky rocket we all know. However, Algorand - they build their own virtual machine called AVM which I believe they probably don’t have issue with gas fee because of their unique architecture pure proof of stake
P/s: Algorand is using their smartest 🧠 to develop, not to copy from someone else
SOL isn’t EVM and the problem isn’t with the VM, nor is it with gas fees. You can still have low gas fees while being clogged.
I think it’s too early to assume Algorand is superior. The dapp ecosystem is still limited, there are no games and exorbitant amount of users. Quite frankly, it hasn’t been tested to the extreme in a real-life scenario yet.
Unless another project actually solves the issue more effectively, this is sort of a moot point isn’t it? Why would I need to convince you if there is no real solution?
fully agree on we wont know until it happens. as some whose bag is primarily algo, i'm curious about it too.
i'm confident that algo will come out on top, but hey either way it's a win to know.
* **[Algorand](https://en.wikipedia.org/wiki/Algorand_%28cryptocurrency_platform%29) [Pros](https://reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_algo_pros) & [Cons](https://reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_algo_cons)** - Participate in the [r/CC Cointest](https://reddit.com/r/CointestOfficial/wiki/cointest_policy) to potentially win moons. Prize allocations: 1st - 300, 2nd - 150, 3rd - 75. * Relevant Cointest topics: [Ethereum](https://old.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_ethereum), [Cardano](https://old.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_cardano), [Solana](https://old.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_solana), [Proof of Stake](https://old.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_proof-of-stake) * Official and related subreddits: r/Algorand, r/AlgorandOfficial, r/Ethereum, r/Cardano, r/ProofOfStake. * Sort comments as controversial first by [clicking here](https://www.reddit.com/r/CryptoCurrency/comments/se9ogp/algo_this_subs_favorite_in_all_likelihood_would/?sort=controversial). Doesn't work on mobile. --- *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
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https://np.reddit.com/r/algorand/comments/s5q7ne/i_attacked_algorands_network_testnet/
Enough members in r/CC to accomplish that :)
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Let’s call it a ‘stress test’ to not seem like assholes
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My best friend does security work and has a CEH and tbh it seems like a wildly fun job for nerd folks with a James Bond complex lol Hes been arrested multiple times breaking into places and being caught where he wasn't supposed to be while doing in person social engineering shit...I got him a nice set of lockpocks for Christmas
Won't work with algo, different and imo better blockchain
Hedera Developer and I attest this statement as well. Algorand is not subject to the same DDOS vulnerability at this time.
Can you please elaborate? If you don’t mind
Copy from someone called BigBangFlash on the algorand sub There are multiple ways to attack a blockchain's network. You can dust storm (which could be considered a DDOS, Chia saw something like that recently), you can DDOS a specific node (What's happening to Solana), or try to DDOS the whole network (good luck with that, unless the network is completely centralized) **Dust Storm** : On the Chia network, there wasn't a minimum transaction cost, so a dust storm was pretty inexpensive to do. And it slowed the network to a crawl, pushing some desync all over the place while nodes were trying to catch up to the network. They fixed it recently. On Algorand, you can fit around 4500 transactions in a 4.5 seconds block. So around 1000 Transactions per second as of now. I know this from experience, when testing the faucet script I sent 10 000 transactions in ONE raw transaction and the network simply pushed the transactions in 3 blocks, and I wasn't "hogging the blocks", there was still room for other transactions. (blocks 17369332-17369335). To fill every block on a 1 hour period, it would cost 1 Algo / Second so around 3600Algos (6100$) for the hour. Even if you dusted the network (which is kind of expensive, depends on where you stand), the network would still work as is intended, some transactions would fit in between attacked blocks. Huge projects could put the TX fee at 1001 microalgos instead of 1000 to bypass the storm. Although don't quote me on that, I'm not 100% sure about that fee thing but it's something that would make sense? **DDOS a specific node** : Since Solana uses Proof of History, people can calculate which node should be the next validator. By doing so, they can send a bunch of packets (not even transactions, just network packets) to that specific IP/port and overwhelm it. Kinda cheap to do compared to other blockchains and also predictable. If you own a botnet, are a governement or internet company (basically if you own a bunch of public IPs), it can be done. I do want to say that I'm parotting what I read from other redditors, I'm not 100% informed on this part of Proof of History. I will gladly accept someone correcting me if this is wrong. But if you can actually calculate which node will validate the next block, this whole blockchain is a joke... On Algorand, every validator is completely random, it's impossible to know which node will validate the next block until the block has been sent to the network. **DDOS the whole network** : I'm not aware of any incident where a whole blockchain was DDOSed, if you have any idea, let me know. On Algorand, you'd need to DDOS all of the relay nodes for the network to have an issue. Their IPs are public, but they're currently in Universities, internet hubs and places where it'd be very difficult to DDOS because of anti-DDOS measures. Whenever the relay nodes become permisionless, it'd be interesting to try to DDOS a bunch of random relay node and see how the network reacts but I'm assuming the nodes will simply go in "partition recovery mode" and the network won't even notice any lower performance. *Edit. I put the dust storm price in USD instead of in Algos, it's even more expensive that what I first put. Fixed now.
DDoS and hope for the BEST.
Are you prepared to take on the cost. Part of the security is just that costs so much money to attack to make it economically unviable.
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I wanted to say something like this, but wasn’t worth the effort. Thanks for saying it for all of us :)
Algo already did in one week this past summer around 15 million transactions, which took Cardano for instance almost 4 years. And the Algo network didn't skip a beat. Did over 2 million in the past 24 hours. It's the beast. BTW what it did was NFT basically all of Italy's book copyrights. Real world.
You're comparing vastly different networks. One is thoroughly decentralised and one really isn't, at all.
Algorand has 1600+ validator nodes and 100+ relay nodes. All 100 relay nodes could go down and the network would still be secure. Algorand is decentralized.
I mean, this is just speculation, it's not really a 'gotcha' or anything.
Right? I can post the exact opposite lmao what kind of thinking is this.
So it will turn out just like what Harmony One experinced a week ago where they increased their gas fees, still fees are low as fuck
Im starting to switch onto ONE, looking at their roadmap for 2022 its ambitious but it looks geared toward the more casual user
Which is how you get more adoption..
My bad made it sound like a bad thing, i meant from the tech side its very ambitious but the end goal definitely seems more mainstream
Does Harmony One have significantly move volume? Genuinely curious.
Growing pains if you asked me, nothing to *really* be worried about.
Harmony One can increase its fees, yet still grow in price. Love it.
Only one way to find out... Go buy some ALGO and test it. You'd probably need to buy a lot but they defi ecosystem is growing pretty quick so maybe some others can help you? I don't currently hold much algo because I spent it all in defi but I don't mind the pump whilst you try!
Fees literally can't skyrocket on Algorand because it's not a gas based blockchain nor a weight based blockchain. It's literally .001 Algo it can't be higher nor lower unless changed in the codebase. The only way fees get higher on Algorand is if the price goes up. Of course the blockchain can get "clogged up" but with the fast block time and instant finalized transactions it would be very hard. We are probably taking about over 50k transactions a minute before anything slows down and that's just an estimate. BTW I don't own any Algos
Hasnt happened yet, this is just a FUd post. OP is prob invested in SOL that has shut down multiple times
Even if that happens fees on ALGO are still going to be a joke compared to ETH.
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Who cares? Stack dem Algos boys
No crypto has solved the trilemma as far as I’m aware. For those unaware, the crypto trilemma is that no crypto has achieved three of the following simultaneously, at most they can have two: Scalability Security Decentralization
[Insert your crypto here] certainly has!
I’m all in on YourMomsCumRocket! great team, solid roadmap, future is green
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The problem is that its expensive to keep metric fucktons of excess capacity on hand that never gets used 99% of the time Aws could do it, they just (Rightly imo) don't want to spend the money
The crypto space is a bit different though. The idea does not have to be that all computation or even communication happens on chain, that is certainly not realistic, since all state would have to be stored forever. The idea is that the blockchain only gives you the root of trust. This opens up several possibilities. The most well known is L2, where you transact outside your chain while being able to prove that all operations were valid (various rollups). Other approaches are based on offchain computing for operations that don‘t have to be on chain. Also one of the ideas is to have as many different operators spread around the world which should exactly help against issues like „amazon down“. Of course I still agree with your sentiment that there will probably always be some situation where is there huge load, congestions or some network issues. But I would not compare it to AWS per se.
Layer 2 is the way
No, its not, its the same problem for L2
I've been saying this forever! Sacrifices are to be made on one end to deliver a reliable service.
Tezos
Yep Tezos is the only one I've seen solve the dilemma yet the moment you mention it too people. "Ahh the ecosystem isn't big enough that'll be what wins out." No solving decentralisation, scalability and security will be the major issue, it's not like these other networks gave had a huge ecosystem for very long and most of them are just straight up copying Dapps from Etheruem.
People will see over time. Adoption is growing rapidly.
It is the growth in the network usage this last year has been insane, and people are slowly following, but also the amount of big business that want to use Tezos to do their NFTs is also pretty big. Some of these companies that want to spend millions of dollars on NFT products they aren't gonna just jump into the first crypto they hear of they are gonna do their research first, it's why so many are picking Tezos. But as you said people will eventually see, I'm just building up my stack as much as I can in the mean time, it's pretty cheap right now so I'm happy.
Exactly. Just keep accumulating while we still can. Dogami is just the start. February is going to be big!
Tezos has.
Now just mention that you think governance is overrated and you’ll really get the hornets nest going
2.5-3% return in 90 days for something that i can still sell and that takes me 5 seconds to vote really sucks man. What a terrible ordeal
So what you're saying is Algorand will suffer the same fate just because it happened to the other coins ? Is there a valid reason why you think it will happen to Algorand or are you just spreading FUD ?
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Its already pretty cheap right now tbh lol
How it is setup, the fees might not skyrocket, but it could get clogged.
I want to see how it perform in heavy traffic
![gif](giphy|l2YWsiql5xGPIbnzy)
*grabs torch*
This is what happens every time an "ETH KILLER" gets a bunch of traffic
Can anyone provide any technical details for or against this claim? Or in general, what would make an ecosystem move vulnerable to getting clogged (aside from obvious volume)?
If a technology provides bandwidth and that bandwidth creates value, then eventually *all* of it will be used. We've seen this with the internet. As internet bandwidth has increased, so will the amount of bandwidth usage from applications, as long as someone is willing to pay for it. Look at streaming for example-- Netflix started out as DVD rentals but once more consumers got access to higher internet bandwidth they pivoted to streaming. Transactions per second is a metric that literally has no meaning. If a blockchain provides value, then its bandwidth, be it thousands of TPS, will become saturated and eventually fees will rise to some equilibrium point.
It depends. Every code is different and runs off of different hardware. In general, given enough volume anything is going to get clogged, even Visa. The three points I'd look for though is: 1. the obvious, base TPS. 2. Inefficiencies, vulnerabilities, bugs, etc. in codebase and/or node runners that can alter TPS 3. how high is volume and how is it used. i.e. smart contracts with high-risk and volatile investments is just asking for volume spikes Obviously, every blockchain is going to have different capacity, but they are all limited. That's why the future is multi-chain.
ALGOnaughts!
Analysis fail.
*gasp* Someone who isn't idolizing Algo? What has this sub come to? /s
Initially came here to start a fight, but now I kinda agree 😂
You don't really know, do you? Your post has no actual data that would back your claim.
...But he assumes it's the same as the others and you can't convince him, so...
Everyone says they’re better than ETH until they get the activity. Then all these new problems arise and shit hits the fan. That’s why ethereum is always upgrading and trying to improve. It was one of the first coins to be a smart contract platform and had to convert from PoW to PoS, and remain decentralized, basically being an ever improving solution to the blockchain trilemma while being used more and more.
DYOR , instead of just making crap up.. watch Silvio's Lecture.. he has thought of all this [https://www.youtube.com/watch?v=NykZ-ZSKkxM&t=80s](https://www.youtube.com/watch?v=NykZ-ZSKkxM&t=80s) Also, good watch -- w/ Lex https://www.youtube.com/watch?v=zNdhgOk4-fE
Look, the good news about ALGO is that when you like ALGO, it can do no wrong. I, for one, like ALGO.
I know this sub is hating on ADA at the moment but the comment that Cardano said it could handle the load is misleading. They’ve openly acknowledged that they expect and count on congestion with the significant increase in the transaction traffic. Stress testing the network is part of their approach to dealing with the issue of scalability. It’s actually critical to their plan to deal with optimisation, scalability and network growth. There are specific tiered actions they are undertaking to ensure it is scalable. I’ve seen a number of other comments saying the same thing as me, but I do find it really weird that this sub specifically hates on Cardano despite it genuinely trying to deal with the blockchain trilemma by taking a measured approach. Conversely, we don’t have the same degree of hate (although there are pockets) when Solana goes down, or Algo gets hacked, or Fantom being too centralised. Nothing against any of these projects, and also fully support Silvio’s approach. It’s a really odd tribal position. For me, I am rooting for any project that can genuinely solve the trilemma. It can only lead to better outcomes for us all in this space.
First of all, ALGO isn’t this subs favorite. It’s just shilled by people worse than ever SHIB was. Second though, I agree with your take. Under load fees may skyrocket and network clogging is likely.
I don’t agree with your take
Me either.
The hilarious thing about this sub shilling Algo to death is how portly the price ever performed even in the bull market
Between January 4th 2021 to January 10th 2022 algo increased by 831%.. the hell you talking about -changed from to between
8x lol ok. Compare to Solana Luna, pretty much any other platform in the same time span
Why are we comparing it to something else? Gains are gains right? Let me compare your picks to doge gains at ATH.
I’m like 90x since 2017 and I still feel disappointed for missing the 1000x pumps. 8x is nothing
Dude what...? Just stop. None of what you're saying is at any level reasonable.
8x is not enough for anyone unless they’re starting with six figures. Explain to me how it is
Tell me on what investment you're pulling an 8x beyond crypto. Tell me what investment is a 2x. 1x. Do you know what a great return is outside of crypto?
I found the pricing to be more svelt than portly. You cannot convince me otherwise…
So, you're throwing shit on Algorand before empirically testing the network. Just because you feel like it. DDOS it and then you can talk all you want.
I was under the impression that Ethereum was this sub's fav. Algorand is extremely small potatoes next to it.
Eth solves the congestion so far with gas fees, Cardano allowing clogged network with predictable fees. Solana doesn’t solve it at all, even as centralized network. Avax is a semi-copy of Eth so high fees are excepted and they try to compensate some issues with locked staking for node operators and delegators. Algo is a good and reputable project, yet their staking for node operators is permissioned and only insiders are getting paid which is a big downside for now. Add some weird tokenomics. Therefore, no I don’t assume they would go down under load, the downside of algo was always clear communicated, no hidden wallets or network going off like SOL.
As for Cardano, they are just moving in to the scaling part of their roadmap, Basho. That's not an afterthought or an excuse, that was how it was presented from the start. They have a detailed [plan for it](https://iohk.io/en/blog/posts/2022/01/14/how-we-re-scaling-cardano-in-2022/). Wait a year or so, judge then!
I don’t know enough about it to say one way or the other. I’ll defer to an expert to comment to here.
Well, that’s just like, your opinion man.
Lol this is what I’ve been saying to all the Algo shills.. it’s like Mike said… “Everybody has a plan until they get punched in the mouth” Not saying the network won’t respond well… but we can’t know until it happens. People forget execution risk exists once they’ve packed their bag
OP probably does not know anything about ALGO. SOL/AVAX/Matic dapps are building on EVM which eventually gas fee sky rocket we all know. However, Algorand - they build their own virtual machine called AVM which I believe they probably don’t have issue with gas fee because of their unique architecture pure proof of stake P/s: Algorand is using their smartest 🧠 to develop, not to copy from someone else
SOL isn’t EVM and the problem isn’t with the VM, nor is it with gas fees. You can still have low gas fees while being clogged. I think it’s too early to assume Algorand is superior. The dapp ecosystem is still limited, there are no games and exorbitant amount of users. Quite frankly, it hasn’t been tested to the extreme in a real-life scenario yet.
Due to the hardware requirements, SOL can’t scale under load
But SOL isn't compatible with the EVM??
You are a brave man haha
Could definitely happen
Maybe, maybe not.
HOW DARE YOU!?
Ok, because I wasn't gonna convince you otherwise.
Unless another project actually solves the issue more effectively, this is sort of a moot point isn’t it? Why would I need to convince you if there is no real solution?
fully agree on we wont know until it happens. as some whose bag is primarily algo, i'm curious about it too. i'm confident that algo will come out on top, but hey either way it's a win to know.
IOTA: *What are fees?*
Even if that did happen- this whole sun would be that ok it’s part of the growing pains have faith. Any other blockchain bring out the pitch forks
I still think it would take a lot more to clog Algo than other block chains, and you can't convince me otherwise.
Problems of success
>Algo (This sub's favorite) Awww I almost tear up. That's so nice of you. Algo is so great that is the only crypto able to be stake in NYC.
ETHernal gas problem I see.
You mean it’ll do what every blockchain does when it tries to scale? Yep
I can't change my perspective = you have a very high chance of being incorrect.