yeah Stakers replace the Miners for consensus
I assume this includes all stakers that are on exchanges and rocket pool too right?
I was reading that the fee rewards wouldn’t include them but they didn’t specify why
has anyone here minted a full chia yet?
😭
I didn’t realize our rewards could increase like that
We’re gonna be eatin
it's probably unlikely the fees stay this high unless network traffic stays really high
a lot more Layer 2 solutions will be out by then and then Sharding will lower fees even more next year at some point
if the traffic grows enough though overtime it could be very profitable.. we could earn far more from fees than the inflation built in
I assume this includes all stakers that are on exchanges and rocket pool too right?
I was reading that the fee rewards wouldn’t include them but they didn’t specify why
exchanges and some pools will def take the fees imo
I think there will be Defi pools that give you the gas fees though
it's probably unlikely the fees stay this high unless network traffic stays really high
a lot more Layer 2 solutions will be out by then and then Sharding will lower fees even more next year at some point
if the traffic grows enough though overtime it could be very profitable.. we could earn far more from fees than the inflation built in
That makes sense, thanks
Ggogogo
Safemoon
Safemoon
Fully Diluted Market Cap
$4,241,957,446
A friend of mine shilled me safemoon 3 months ago, so I be thinking he rich af now. Man sold his s*** a week ago and just bought again at an ath
That makes sense, thanks
Layer 2 Rollups make the network go from 15 transactions to 1500
Sharding makes L2 Rollups go from 1500 transactions to 96000
more Rollup optimizations over time should also increase transaction throughput even more
so fees are going to come down a lot in the next 18 months depending how quickly this all develops
but I think that will be a good thing in the long run as more people come into the network from the lower fees the amount of traffic could more than offset it
A friend of mine shilled me safemoon 3 months ago, so I be thinking he rich af now. Man sold his s*** a week ago and just bought again at an ath
A friend of mine shilled me safemoon 3 months ago, so I be thinking he rich af now. Man sold his s*** a week ago and just bought again at an ath
A week ago
Layer 2 Rollups make the network go from 15 transactions to 1500
Sharding makes L2 Rollups go from 1500 transactions to 96000
more Rollup optimizations over time should also increase transaction throughput even more
so fees are going to come down a lot in the next 18 months depending how quickly this all develops
but I think that will be a good thing in the long run as more people come into the network from the lower fees the amount of traffic could more than offset it
I’m curious to see how staking rewards are going to play out in the long run, I guess it depends on ETH’s usage and whether or not it maintains its place as the top smart contract platform but it’s gonna be interesting to see how things play out
Optimistically if defi does live up to its potential I can’t imagine why anyone would sell ETH unless it’s necessary, Things change fast in this environment though so we’ll see
All these years of buying eth, I should’ve been buying doge Instead
We’re idiots