Scaling. How do we make financial sense using ETH?
Let me start by saying this is a question and or a discussion post. š§
The BTC hashrate is at an ATH with close to 600k pending transactions.
By copying Ethereum with āinscriptionsā they clogged their network & created higher fees to trade their coins.
P.S donāt btc maxiās call ether a š© šŖ? Or do we think itās the same web2 larps preying on retailers with these āinscriptionsā? Like they did during the bull run with NFTs? Irregardless..
We are seeing a reflection of what will happen to Ethereum if the āroadmapā isnāt implemented sooner rather than later. AKA the verge, purge, & splurge.
I love Ether. Iād say Iām 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. š¤š 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 EIPās have been introduced? After so much work has been done? How do we onboard new users?
Iām asking the community if you think L2ās are STILL the way to go, or can we finally realize Etherās 1st layer is all we need?
Personally, high gas ā½ļø is the price I pay for being early to something thatāll change finance, insurance, law, & several other industries forever.
I know Vitalik wants to move Ethereum away from it being used āsolely as a financial tool, & is building for the futureā. Once again I agree, SBTs are great. šŖš»
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 šš» Ether 4ā>,
Babie_wtf on X & IG
submitted by /u/PeacockMamba
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