Scaling. How do we make financial sense using ETH?
Let me start by saying this is a question and or a discussion post. đ§
The BTC hashrate is at an ATH with close to 600k pending transactions.
By copying Ethereum with âinscriptionsâ they clogged their network & created higher fees to trade their coins.
P.S donât btc maxiâs call ether a đ© đȘ? Or do we think itâs the same web2 larps preying on retailers with these âinscriptionsâ? Like they did during the bull run with NFTs? Irregardless..
We are seeing a reflection of what will happen to Ethereum if the âroadmapâ isnât implemented sooner rather than later. AKA the verge, purge, & splurge.
I love Ether. Iâd say Iâm an Ethereum maxi. I used to be a very successful content creator for THIS sub. I love the technology. I was able to ask the core developers questions during an AMA in 2019. Vitalik responded to one of my questions. I LOVE ETH. đ€đ The questions asked were all 100% on point & correct with the math used. It amazed me.
But how do we keep justifying these high fees after so many EIPâs have been introduced? After so much work has been done? How do we onboard new users?
Iâm asking the community if you think L2âs are STILL the way to go, or can we finally realize Etherâs 1st layer is all we need?
Personally, high gas âœïž is the price I pay for being early to something thatâll change finance, insurance, law, & several other industries forever.
I know Vitalik wants to move Ethereum away from it being used âsolely as a financial tool, & is building for the futureâ. Once again I agree, SBTs are great. đȘđ»
However the markets determine the use cases & value not the developers. The market is filled with greed. How do we develop & innovate without capital? How do we innovate without VC or seed money? We can use test nets, yes. But how do we scale innovation without massive amounts of investment?
Thanks đđ» Ether 4â>,
Babie_wtf on X & IG
submitted by /u/PeacockMamba
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