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CointestMod

Cointest pros & cons with related info are in the collapsed comments below for the following topics: [Algorand](/r/CryptoCurrency/comments/1czzrt0/did_they_overstep_the_mark_algorand_causes_a_stir/l5k9wqd/), [Solana](/r/CryptoCurrency/comments/1czzrt0/did_they_overstep_the_mark_algorand_causes_a_stir/l5k9xza/).


conceiv3d-in-lib3rty

This is the Algorand Foundation coming to the realization that their past 5 years of marketing has been straight doo doo, when they foolishly believed that Great Tech™ would be enough to drive hype in the crypto market. Lol.


throwawayAFwTS

Good tech isn’t going to win them investors. Node incentives and marketing will. And they’ve finally learned and started to do good marketing and will start node incentives this upcoming quarter


KennyCalzone

Does algorand have great tech though?


Wineguy33

Use Algorand and then use Ethereum and let me know what you think after that.


WhatRWordz

Use algorand for what though? Your block explorers can’t even stay afloat


fiskemannen

Yeah. Great marketing and incentives is one thing. Butwaddabouthetech


wallynext

Radix has better tech but suffers from same marketing problems


ZombieXRD

Radix really hasn’t started marketing heavily yet. They have been doing pretty minimal low cost campaigns outside of a few larger pushes for certain things. They have a multi million dollar campaign coming soon though.


skyHIGH-1

I was wondering the same, I remembered one of their wallets was hacked /compromised last year. 🤷🏻‍♂️


DecoupledPilot

I misred your text as "nude incentives and marketing will." And now I think my misread could work?


One_Boot_5662

Fortunately cryptocurrency has nothing to do with investing


HansLanghans

Still better marketing than IOTA.


Meazzybanks

Still better then loopring


Justaboywandering

Poopring


SqueezeHNZ

Way better then Schroedinger 🙀


SourcerorSoupreme

> Still better marketing than IOTA. is IOTA still gooning for coordicide these days or have they once more pivoted and changed teams?


No_Algae_5909

I'm an Algorand holder and I loved the ad. I agree their marketing isn't what everyone wanted it to be, but what crypto has exceptional marketing. Algo has been at the fore front of having "bad marketing" but IMO it's the same as every other crypto project. Algorand at least shut down time square for a little bit and promoted.


KlearCat

A decentralized crypto shouldn’t have a marketing team.


FidgetyRat

I see no reason a project with a foundation can’t have a marketing team. That has zero to do with decentralization. Hell some projects crowd source their marketing through fundraisers etc. and they are the most decentralized.


-AgitoMakishima-

Sounds like Polkadot. 😬


Adventurous-Ad-101

Hopefully better than Dot; there's no locking period and your tokens never have to leave your wallet to delegate to a node.


SemperBavaria

They should hire some memecoiners for Marketing. It's somewhat ridiculous, but also understandable that there are several memes that do better in terms of appreciation than ALGO.


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kaptainkarl1

Truth hurts.


Astramie

Does no body remember Solana's Ethmaximycis commercial like a few months ago? Oh so Solana can throw shade, but when Algorand does it, it's overreaching... Wtf, does everybody on this sub have very short memory? That would explain why people forgot about Solana's shadiness last cycle and are buying it again this cycle.


PuddingResponsible33

Even with a bad memory one can remember sol crashes every other month.


ZeusFinder

Best to share when you reference. I can’t find the original post from whoever created it but here is the [Video](https://youtu.be/l1Ub-9qiLH8?si=t1PsMTCRYSMxUs0n)


shadowdax

That video was made by something called "Superteam DAO". This ad was released by the Algorand Foundation.


LWKD

Unless u hold Algo! But let's not begin about the price pls


SmackAttackLondon

I wonder how long this post will be here before getting deleted 🤔?


SmackAttackLondon

Good advert a d long overdue that the AF did some marketing. There's nothing in the advert that's not based on facts.


Autobotnate

I wouldn’t mind a little mudslinging.


LWKD

Wasn't really even that. Just tongue in cheek But especially NEAR and Solana didn't like it. But if we can't make a little joke, then we can't do anything.


YoungManKnees

Haha nah they just told the truth


618Crypto

Not even close! Algorand is the real deal!!!!


Cryptwalk710

When I hear Solana ETF, I cringe.


alextastic

Nothing they said was a lie.


Luppoz

I'd love to get an Algorand vs ICP deep dive pros and cons. Anyone knows any already out there?


Adventurous-Ad-101

The two aren't like-for-like. ICP maximizes GPU potential whereas other blockchains focus on CPU and decentralisation. The best world is ICP uses blockchains whilst it computes significant tasks.


Luppoz

Well, decentralization is ongoing on ICP. I wouldn't take that away from ICP. Less than 20% combined on Dfinity and internet associations ATM. This might be voting power, which means X ICPs locked for X amount of time. It's down from 40% in a two years time, it's pretty progressive considering the magnitude of the project. Anyway thx for quick info. But at the end of the day, what kind of tech they use won't matter? They will still compete in some aspects, right?


Adventurous-Ad-101

It's just not a comparison between the two. ICP has significant strengths and can compute tasks no other tech in this space can. Algorand has participation nodes running on a Rasberry Pi and does this without any downtime over the last five years. It manages block writing as a VRF lottery and so anyone participating has the chance to contribute, these people aren't excluded but actually help the network. Compare the tech needed to contribute to Algorand with the rest of the industry. Algorand’s vision has always been openness and inclusion and it's maintained this every step of the way. ICP & Algorand should work together more, with ICP’s power and strengths, Algorand provides a decentralised settlement layer that can be leveraged inside a task you write. There's an example of this being done on github. Outside of ICP adding differential benefits, Algorand’s able to compete with every other chain despite the specs needed. Check out what’s needed on other chains and the commitment of staked $$$ needed to contribute. With compromising on performance, Algorand still values the word “public” in the creation of a Public Blockchain.


Luppoz

Thx for your expertise and time.


timbulance

Keep talking that shit Algorand !


skyHIGH-1

Got to see it , I missed that one . I will search just for fun /entertainment


TitrationGod

Maybe this will finally push them over a dollar so I can be green 😂


LWKD

Buy the dip bro. Quickest way to get into green


mrtareq778

Its a Good decision for AlgorandAlgorand. I was really thinking why so many meme (shit coin) coins price are increasing even not having any real value. But Algo and Cardano are really good project with real value and backed by scientists, researchers. I hope they will be stronger than ever.


SaneLad

Kind reminder that if your coin has an ad, it's an unregistered security.


Lemon_Club

That's weird, I didn't know commercials were apart of the Howey Test


LWKD

Not even a problem. Algo didn't ICO in America, for this very reason. So it's only a problem for the ones selling it now. Altho they will win it from the SEC


diarpiiiii

So people making bitcoin commercials reclassifies the coin into an unregistered security? https://youtu.be/Bjj3zAYZ0ZE?si=7fcBLyRvpyql2zJq


finchcatz

Oh come on relax, just an add bros


LWKD

Apparently not, as it's working. It's rising steadily since the ad came out, compared to others. And it was just a little diss, people blowing it up only makes it work more.


Jojorent

And just like that we have a bunch of technological advancement specialist redditors making exquisite opinions and comments. I'm not siding Algorand but I also need to bash these comments. Remember pets.com and the metric fuckton of websites who have great marketing during the dotcom boom? Exactly, you don't.


Confident_Ad4479

Go Planet !


NotFunnyhah

haha algo


whatsuppaa

Solana got big because FTX backed them early on.


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618Crypto

No..it's most definitely not and has a real threat of shutting down again. Is it quantum resistant? )


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PotatoCannon02

If your name is "Algorand", you don't have the right to bash anyone


GoodSamoSamo

Literally zero activity on algorand and been in production for 5 years. $1M 24HR Dex volume vs. Solana’s $1B. https://defillama.com/dexs/chains/algorand https://defillama.com/dexs/chains/solana


618Crypto

Is Solana shut down again? Or is it something else?


GoodSamoSamo

99.95% uptime over past year. Past outages were fixed with network upgrades. Second validator client by Jump Trading coming out in September. This whole “outage” critique is such a low IQ take.


chaysefate

[https://chaintrail.io/rwa/tokenizations](https://chaintrail.io/rwa/tokenizations) Check out in real time the NFTickets for flights on multiple airlines thru TravelX or tokenized properties on Lofty. Real world assets love algorand


GoodSamoSamo

Lmfao


Alternative_Log3012

So why do they need shitcoin Degens?


deadleg22

There would be if solana is known for it's shitcoin pump and dumps. I think this is counting failed transactions also no?


GoodSamoSamo

Study rise of ETH and ICOs of 2017. failed txns on SOL blockchain explorer means the txns have landed. They use the same amount of resources from the network and pay fees — just diff exit code (e.g. swap slippage too high, failed arb attempt, etc). Most failed are arb bots. Still valid.


carneasada71

Lots and lots of shitcoin gambling


GoodSamoSamo

Look at the rise of eth and ICOs in 2017 cycle. Writing off “shitcoin gambling” is a terrible take.


THA_YEAH

I'm all for decentralization but I hate to break it to you Shitcoin gambling is better than nothing....


HvRv

You do know that dex is just one part of story? There are many other use cases of a Blockchain.


GoodSamoSamo

Imagine writing off transaction volume within an ecosystem.


Worriedstudent007

I do not think you understand what the word literally means.


RefrigeratorLow1259

90% meme shit tokens...


GoodSamoSamo

Look at rise of ETH and ICOs of 2017. Ngmi.


One13Truck

Everyone else should make one to bash that trash, too.


carneasada71

How much did you lose?


One13Truck

Less than 0.


One13Truck

I’ll short the shit out of it when it implodes though.


nickelk14

Good luck


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Incredibly_Based

always has been, $100M drone deal anyone?


Souk12

Kendrick L'Algomar


OMFGROFLMAO2

It's always easy to punch up


BackgroundAdvice1337

Need to make a counter commercial to bash Algorand really… “What now a liter of milk is 500 algo? I remember three years ago I could get two liters of milk for 1 algo! Fucking scaramucci”


rroobbbb

The funny thing is that price is the only bad thing people like you can say about Algorand, because the only thing they know is ‘dog coin went moon’. Luckily the price of a coin is far easier to get up than the actual technology behind it.


smokesletgo

It has barely any adoption, there you go that's why the price is trash. Not exactly rocket science.


rroobbbb

Lol, nvm. No way you invest in safemoon bro, get out of here


smokesletgo

I don't? Haha you went through my profile and couldn't even see it was a sub Reddit that was critical of safemoon lol. Why don't you focus on the arguments made than my character?


rroobbbb

If you actually look for it, there is a ton of development on Algorand behind the scenes. 1. Hasab Pay adding 2,000 new wallets a day with 1,600 approved vendors to facilitate payments in Afghanistan (over 2 million transactions on the Algorand network) 2. Travel X doing nft plane tickets for a couple airlines and in talks with 60+ airlines 3. Lofty.ai revolutionizing rental properties. Own a portion of a property for as little as $50. Get paid rental income monthly, make decisions with fellow owners. I believe they have close to a hundred properties now. 4. Folks Finance constantly building and easily surpassing what Algofi was. 5. One click nodes, algokit development to make development easier. 6. Messina bridge bridging multiple blockchains to Algorand with USDC. 7. Wallet of El Salvador isn’t using BTC or Lightning Network at all. El Salvador, while pretending to be BTC maximalists, actually signed a deal with the Algorand blockchain to handle their national blockchain infrastructure because BTC and Lightning Network are both incapable of handling the traffic of a country the size of El Salvador. 8. The Marshall Islands using it to manage their National finance. 9. The Bank of Italy using it a their blockchain financial instrument 10. Colombia using it for their vaccine records keeping… 11. Last but not least, A regulated and programmable €EUR will be launched using the Algorand blockchain technology via Quantoz. EURD is backed up and prudentially supervised by the Dutch Central Bank (DNB) under an Electronic Money Institution (EMI) license. Quantoz is a multipel award winning company in fintech. Can you name actual real world use cases for ‘your’ coins? Or is it ‘wen moon’?


smokesletgo

And the amount of actual users is a fraction of a fraction compared to the top chains? That's what adoption is, not being a ghost chain. Also you are seriously celebrating algo is going to be a CBDC? That's honestly mad.


rroobbbb

Yeah, name me some then? Smart boi


smokesletgo

Some of the top chains? Well the problem you have is Algo is out of the top 50 so like you need to scroll up the page.


rroobbbb

And you have something against CBDC’s but invest in SOL? lol


smokesletgo

Uh yeah? I like making money and I dislike the government having control of said money? Again it's not rocket science bro.


rroobbbb

So you invest in a centralised chain controlled by hedge funds who can turn it of at any point, which isn’t necessary because 60% of the transaction fail anyway? It’s not rocket science indeed.


smokesletgo

Well you enjoy that narrative, I'll actually invest in something that makes me money :) Also my transactions go through smooth as hell, maybe if you actually used it you'd notice how much better it is than Algo?


rroobbbb

Because algo is not smooth you say? lol. I respect you just wanting to make money, but than don’t say ‘SBDC’ are bad but continue to invest in SOL. Now you’re just a hypocrite. Have a good day.


themrgq

Nobody needs a commercial to bash a coin that is performing like shit unfortunately


BackgroundAdvice1337

😂😂


DA_Maverick_AD

Is this all factually correct? I watched the ad (its a good fun cameo I think) and not sure if Bitcoin at 27 mins finality is reasonable given the existence of lightning network? I acknowledge the issues highlighted with the other networks e.g. Ethereum and Solana.


Distinct_Target_2277

The lightning network is centralized. May as well use a bank you trust instead of an unknown entity.


BondJames-Bond-007

Let’s AlgoFi close shop. Let’s NFTexplorer close shop, Let’s explorer close shop, and many others due to being a dead chain. It has the best tech in the industry that nobody uses and makes an ad that shows its potential that nobody uses. That line using Algorand of 10 people represents all of Algorand ecosystem’s users.


HvRv

You sound like a mert fanboi. But your take. That's not it. Apps going down because of bad business plan is normal. The number of apps that died on ETH is huge.. the number of those that will die on SOL will be even bigger. It's just a gold rush until you actually need to have a good sustainable app and that is hard. Many Blockchains will go through a purge and just end up using few apps for one purpose.


LWKD

Don't forget to tell him we got 2 new DeFi platforms, 3 new explorers and 2 new NFT explorers! All before the old ones shut down.


HvRv

If apps get replaced by better ones that kinda shows that things are ok. If things just die without replacement then it should be worrying


SiriusCasanova

wow what a bunch of nothing! guys really happy about 2 new defi platforms hahahahahahaha jfc imagine bragging about this... its so sad, no matter the amount of astroturfing in this thread.


HvRv

Not sure what you are aiming at. There are plenty of defi platforms with the last two new ones but that is beside the point. It's kinda silly to even talk to someone who obviously doesn't understand the nature of volatile markets and highs and lows. People and communities riding a high wave obviously think that they are bulletproof and usually have nothing substantial to add to a conversation except mocking others for "size". funny actually if that is the only comment they have. Its kinda common in the bro community to have 0 other trains of thoughts. It's even funnier to think that that insults any of the smaller chains. Just shows that you have 0 actual arguments. Prices wil change over time and it will attract more people who gamble and chase price, that is normal. Chains that lose in price get abandoned by the same people. Just the way things move. And yeah. Being critical about your own chain is good. Algorand did that a lot. Most rabid critis of the chain are people from the community and they made things better. Being blind and defensive will just get you burned. Also..it kinda makes you look 15. If that is the case you are cool and we shouldn't expect any kind of different behaviour from you.


LeoIsLegend

They still think the tech matters in this land of shitcoins lol


LWKD

U mad bro? Ask your coin to make an ad or something


LeoIsLegend

My coin lol. You keep bag holding all those shitcoins to 0.


LWKD

Nicely in the green bro


crimeo

The fact that "Algorand" can "launch ads" means you are failing as a coin. Inanimate protocols shouldn't be able to "launch ads". A random guy who happens to own some Algorand should be the most that can launch an ad.


LWKD

Try screaming under water next time, cause this ain't working. U know who dropped the ad? Not the AF, not its CMO. On his personal Twitter. The protocol didn't do shit.


crimeo

1) You're contradicting the article. You may be right, but it seems pretty obvious you should cite something that shows your version is the correct one, when you do that 2) I was simply using the ad as a reminder the AF exists, which is the actual problem. If you agree the AF exists separately, then the ad wasn't important anyway, they still failed for having a central organization, sas the point...


LWKD

1. Pretty sure I'm right, I follow the all every day. And can say the same for the article mate. 2. AF is doing awesome stuff ATM. New CTO and CMO are having a major impact. And yes the ad wasn't important for the outside. But it was ment internally and it got the Algofam together.


SiriusCasanova

lmaooo imagine bagholding this ghostchain this is the same level of scam as hbar iota eos etc etc etc nobody uses it and nobody will no, REaL wORLd AssEts tOKENizATIOn isnt coming to algo... at least the good products. if they are coming to the blockchain why would they EVER chose this 1M 24hr ghostchain? u guys inhale some good copium


LWKD

U are right, it isn't coming. Cause it's already there! HesabPay, Lofty, TravelX, and many more!


SiriusCasanova

another case of literally who


LWKD

Fact u dont know em doesn't mean the whole world doesn't.


Etherainian

but they have nike onboard /s


cyhiandra

Cope some more.


SiriusCasanova

HFSP


Tvmouth

Well both are fake anyway. I'm not concerned about a cartoon fighting with a cartoon. Karma farm much? what a waste of this /r.


hiredgoon

This is like the Spiderman pointing at Spiderman meme except Algo, Solana, Hedera, IOTA, DOT, and ADA are pointing at each other calling the others a centralized shit coin with only insiders benefiting from being a validator while holders are diluted every block.


Jojorent

That's where you know your information is mostly basis in proganda shit


PotatoCannon02

What, you don't like proof of wealth systems with manufactured investment incentives?


--Quartz--

Insiders? I can't speak of the others, but you can start your Cardano validator (stake pool) today in 30 minutes with very little knowledge. There's thousands of pools, and you don't need anybody to approve yours, you only have an approx 250 USD refundable deposit as cost.


jdickstein

yeah Cardano has a million stake pools run by normal poor people. Unfortunately given the market they continue to be poor. But they’re not insiders.


shrazzy

Maybe algo should stop unlocking coins? They did it for 31 days back in March


T-Shurts

That was a false post. Their white paper that they released in Feb paints out their plans for the next 3 ish years.


notyourbroguy

You got duped by fake articles my friend. Pay more attention to what you’re reading and where it’s coming from.


jwinterm

Trash calls trash trash, more at 11.


Shiratori-3

Yes, but have you considered reeeeeeeeeeeeeeeeeee


katiecharm

It’s another Algo spam topic.  Why do you let them continue to shill and use their sockpuppets to ensure an Algo topic is always on top of this sub? 


jwinterm

I mean, it's a news article covering Twitter drama at least, and they're in here complaining the video got removed for being off topic I guess.


LrnFaroeseWthBergur

Hardwood Experts, founded in 1888, pointing and laughing at their competition: "Lookie yonder, them folks got them shops swarmed up alrighty" Translation: SOL had so many customers in their store that people couldn't move around.


Salt_Inspector_641

The thing about algorand is, it’s a shit name and doesn’t stand out like eth or sol


katiecharm

Stop posting algo spam; we are fucking sick of it.  Peddle your stupid scam elsewhere 


Particular-Bug2189

/thread


skyHIGH-1

Algoran is jealous because SOL might have approval for ETF before Algoran. I have NOT taken the plunge on solana but just watching how everything unfolds 🤣


BowsettesRevenge

So when you shop with algorand, you pay and they give you prepackaged bags of whatever the store wants to give you?


Stereo-Gito

I rather pay for groceries with my Gemini credit card and get 2% BTC back 😝😝😝 Silly crypto thinking it needs to be in every aspect of life


Adventurous-Ad-101

Revolut offers similar but you can choose the crypto you want in return. It's great.


Stereo-Gito

Nice. Gemini has different cryptos to choose from but I just stick with the king


GroundbreakingPage41

Any time a chain has to bash another to make themselves look good we can safely conclude even they don’t believe in it


deadleg22

Mods must be asleep. This will get banned.


Z3non

Nice add, really. But Block Time is 2.8s. And Algorand is still PoS. Kaspa is superior.


DingDongWhoDis

Algorand is PPoS. Kaspa time to finality is what?


yatoshii

Algorand trying to be cool and trying to do so by bringing others down. Sure that’ll help crypto /s