Avalanche The New Ethereum Alternative

in avalanche •  3 years ago 

What a name for a coin, it is crypto so it’s not that crazy of an idea for a name, normally for an avalanche it means something‘s going down disaster incoming destruction but they’ve chosen and when I mean they I mean the people that devs behind avalanche they said screw it we’re gonna name it this we’re gonna make it go up rather than down… Yeah I know it’s a Saturday night and I’m just trying to share some cool news on this tooken.

Couple of weeks back I made a post on how to connect avalanche to your MetaMask and vice versa at first it was a little confusing much like anything in crypto you gotta go in there and do it yourself, so I made a quick step-by-step guide ao you can ahead and be able to use the avalanche network with your metamask wallet.

I had no idea how to use avalanche but I looked around and found it to be rather simple. In the guide I used Hive to AVAX as an example, for this i used the simpleswap exchange.

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Avalanche Network

Now, listen you are able to use your Metamask extension

Above is what I used to get it to work.. again once I got it done it was a piece of cake. If you want to try the avalanche network keep reading.

AVAX network simple how to

One thing though, metamask using a different setup "network" C chain like smart contract type of deal, I will explain below about how to move from your mainwallet AVAX to metamask wallet.

You can interact with any of the crazy high DEFI crap… that’s being spewed out on there… Even when that’s going on avalanche is still going up maybe a heads up.

I mean that’s how Ethereum started that’s how Binance started that’s how polygon is a bunch of scams bunch of pup and dumpster, jus an observation.

What is does is build character starts a foundation, starts to actually weed out the crappy projects and create lasting good looking projects that aren’t aren’t totally a scam.

Even BofA, is talking about Avalanche.. not like I give shit, it’s funny though, have a read if you care what they think.

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Bank of America: Avalanche is an Ethereum alternative.

The bank’s analysts say the Avalanche network’s ability to settle transactions quickly make it a credible alternative to Ethereum.

Read Full Coundesk’s article

Avalanche’s AVAX token is now the 12th largest by market value there is no debating that this coin has some value building up. The speed of the transactions and the ability to emulate any type of dapp or DEFI is a nice touch, but even there are some blockchains that can already do that and have the ability to scale more efficient then ETH.

Subnet

Avalanche’s subnet feature is increasing adoption, with more than 380 projects built on the platform.

“Subnets enable faster time-to finality (settlement) and lower costs than alternative blockchains,” with the validation of around 4,500 transactions per second, analysts led by Alkesh Shah wrote in the note published Dec. 10.

With over 380 projects running on the Avalanche network, one I even dumped a couple bucks in and already making some nice paper gains…

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Midas DAO

Insane APY not for the faint of heart, DYOR NFA.

It’s just a cool screenshot with pleb numbers…

It’s just a fun experience to be honest.

Massive Gains Bro
Avalanche’s total value locked, or the value of tokens held in decentralized finance protocols, has risen 21% month on month and rocketed 6,255% since August. There is still more room to go.

This coin is 12th in place, it could potentially touch Binance numbers keep an eye out, AVAX, Avalanche’s native token, is now the 12th largest by market value, at $22.6 billion, and has increased 2,869% this year, that is some phat stacks!

I like this coin and what could it entail, I also do like the damn name.

They even entroduced some stable coin action sure we have MIM magic internet money but bringing in USDC to Avalanche should further “grease the wheels of decentralized finance (DeFi) on the network, following a recently announced $200 million incubation fund for DeFi projects of various stripes. Robust stablecoin options are seen as table stakes for any emerging base layer looking to rival Ethereum for functionality.”

Grease those wheels let’s let those engines get primed and ready for lift off. The bull run is just getting started. 2022 is the year crypto pumps like no other get your coins in order and get ready for lift off.

Who Am I?

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It's me Chronocrypto...
Thank you got reading my content, not as deep as others on here, I express my self like I know how.. I also wanted to share with some things about what I have going on Hive and or around the blockchain..

I run Project Utopis, Project Utopis Whitepaper You probably have seen Utopis posted around, of not check out some of these posts created by holders of the coin.


Utopis content from holders

Utopis best in class dividends project - Written by hykss
Planning on increasing my UTOPIS stake | Data of Total Hive received by the UTOPIS investors Written by bala41288
utopis project dividends dropped but now you 're drops in other coins ... Written by funnel
One the best token on hive and its lovely dividends 😍💰- Written by bhattg
A Way To Earn More Hive On Hive While You Sleep- Written by readthisplease
If you're not looking into Utopis, you should be.- Written by dagger212


Tokenomics of Project Utopis

  • Total Hard Cap: 1 Million Tokens~
  • Total Burnt (null) 850,000
  • Total Minted: 150,000 and in circulation (80776.7836134) held by accounts, I currently hold 69,223.21638656
  • Current true* price of Utopis 5 Hive.

Utopis is at 28k hive delegated,

Increased Utopis Delegation Rewards
Delegate Hive to Utopis to earn Utopis token

You can you buy Utopis on Tribaldex.
“Tribaldex is made by the same Hive-Engine Team”
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Hive Witness Server

I booted up a Witness Server over on hive using account @chrono.witness.. I figured since I am already running a Hive-Engine Server why not jump on and help out Hive before its massive explosion of adoption and the network gets its limits tested.

Listen, not for much but it's mostly about putting some of my own resources in at least "supporting" Hive.. which is doing very little to be honest.

"So why not shill my won self."

Configuration of the witness server?
The witness node is on VPS from @privex with the following configuration.

  • CPU: 8 Core
  • RAM: 16 GB
  • SSD: 500 GB
  • OS: Ubuntu 18.04

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Hive-Engine Witness Server

I have been Supporting Hive-Engine since the start, by this I mean I purchased over 20,000 WorkerBee when they where 1:1 and I have been earning BEES ever since, tried a couple of pools but realized since I am the largest hodling of WORKERBEE why not also support it hardware style.

I have hired bala41288 to do the maintenance of the tech. You know I would love to and I know its not that much work but I'd rather delegate that work to the pros, while I hustle on the black top.

I do a lot of things here on Hive... well I at least I try.
Any who if you have any Workerbees laying around or hopefully powered up go vote for your favorite android.


Future goals

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Continue building Project Utopis to it's fullest, I enjoy delegating success to other projects.
Continue providing network support, helping scale once needed and hopefully launch my last part of Project Utopis to be a cool ecosystem in part with Hive and all other projects.

Go ahead and VOTE on both Hive and Hive-Engine Witness Serves @chrono.witness

Hive Witness Vote - https://vote.hive.uno/@chrono.witness

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Hive-Engine Vote- https://tribaldex.com/witnesses

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Thank you much for the support.

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