Quote from: IShishkin on June 18, 2023, 04:43:25 PM

I don't think SEC is measuring decentralisation by counting full nodes.

Also, technology is important like if a coin is scalable.

Quote from: Rivaldine on June 18, 2023, 04:49:57 PM

The latest events in the crypto space has only but left every crypto enthusiast in awe, SEC just raises legal concerns over projects they have no idea about simply because they have no control over them. XRP concerns are yet to be concluded, more than a year since the suit was filed. Now, we have them going after leading Exchangers in the space and in the process, names of Projects were mentioned as securities, I will want them to make open the criteria for mentioning those coins/projects as securities, because, if they don't, then, the list of securities isn't exhausted yet, Only time is needed to add Avalanche to the list

No, it's not only time needed, Avalanche is not listed because it is decentralized, like Ethereum is not listed as well.

Quote from: AbuBhakar on June 18, 2023, 04:50:27 PM

Quote from: Master of Shitcoins on June 17, 2023, 03:56:37 PM

SEC doesn’t consider Avalanche a security because Avalanche is a decentralized coin

This is 4 or false information.

You are 4 or false information.

Quote from: AbuBhakar on June 18, 2023, 04:50:27 PM

Being decentralized or centralized is not a classification for being a security or not. SEC determine a token as security if there’s a profit involved when they offer the token or simply it works like a stock token that profit sharing to all share holders.

Of course decentralisation is important to be eligible for SEC.
It is important because Bitcoin and Ethereum are decentralized enough to be eligible for SEC.
And Avalanche seems to be decentralized enough.

Quote from: sunsilk on June 19, 2023, 01:54:07 AM

Quote from: shinratensei_ on June 18, 2023, 03:54:25 PM

No doesn't mean it won't. The SEC just hasn't seen avalanche yet.

This.

Today, they might have not labelled it as a security but because there are other coins that they're targeting and prioritizing. But it won't be surprising if they change their decisions and will declare that as a security.

No, because Avalanche keeps getting more decentralized over time, like Ethereum.

Quote from: SquirrelJulietGarden on June 19, 2023, 02:03:32 AM

SEC. and Gary Gensler are doing their shitshow by arbitrarily picking winners and losers among thousands of alternative cryptocurrency projects. They don't apply a consistent definition and legislation on altcoins.

Your claim is wrong. It is all about decentralisation, like Ethereum and Bitcoin are eligible. Centralized shitcoins are not eligible, rightfully so. Let's hope SEC will and Gary Gensler will crush

Quote from: SquirrelJulietGarden on June 19, 2023, 02:03:32 AM

If their main factor to decide a cryptocurrency is a security or not, is a centralization or decentalization, how Avalanche is different than other altcoins? It's another joke from SEC.

Yes, Avalanche has better tech compared to most Atcoins, making it more decentralized: https://medium.com/avalanche-hub/avalanche-consensus-the-biggest-breakthrough-since-nakamoto-66e9917fd656

Quote from: SquirrelJulietGarden on June 19, 2023, 02:03:32 AM

It's another joke from SEC.

It's not joke from SEC, SEC needs to be more harsh on shitcoins like to weed out Ripple scamcoin, ban it and issue a cash punishment for Brad Garlinghouse, who is CEO and has profited from Ripple shitcoin.
Ripple made huge market manipulation and needs to get shut down: https://news.bitcoin.com/xrp-sentiment-manipulated-by-thousands-of-bots-analyst-claims/
SEC has waited far too long to take down Ripple while Garlinghouse has sold more fraudulet Ripple coins to more people.

Quote from: FinneysTrueVision on June 19, 2023, 02:08:10 AM

There are very strong arguments that can be made in favor of classifying Ethereum and Avalanche as securities.

I don't see any arguments because Ethereum and Avalanche are decentralized enough.

Quote from: FinneysTrueVision on June 19, 2023, 02:08:10 AM

Matic is essentially a clone of Ethereum so I don't see how one can be considered a security but not the other.

Matic is a huge shitcoin, it's completely unnecessary and not innovative at all.

Quote from: FinneysTrueVision on June 19, 2023, 02:08:10 AM

Avalanche is a centralized cryptocurrency that is managed by a company, Ava Labs. It seems some centralized coins are excluded due to having spent more on lobbying to get politicians in their favor.

Avalanche is not a centralized cryptocurrency because it's a very decentralized technology.
You can read more here: https://medium.com/avalanche-hub/avalanche-consensus-the-biggest-breakthrough-since-nakamoto-66e9917fd656
Every coin has developers, Ethereum as well.
Important is, what tech is built. And like Ethereum, Avalanche is a leading decentralized coin.