Author: dfmines

So even after Eth2.0 it the base fee drops to 1 gwei, if ethereum increases in price the fees will never be resolved. No point making gas fees 10x lower if ethereum 10x. Any insight is appreciated l. submitted by /u/Darius-was-the-goody [link] [comments]

Welcome to the Daily Discussion. Please read the disclaimer, guidelines, and rules before participating. Disclaimer: Consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could…
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In an attempt to learn more about blockchain and especially Ethereum, which I'm a big fan of, I took a shot at building a dapp of sorts. Toss an Eth let's you create a profile and accept donations from fans and supporters, giving them an option to send a message to you in the process.…
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Bitcoin still remains the top crypto project in the space. But it no secret that Ethereum has been quickly catching up with the pioneer cryptocurrency. Ethereum’s decentralized finance (DeFi) use cases have been the major contributor behind this space as investors have flocked to the blockchain to earning returns on their crypto holdings. This has given rise to popular Layer 2 solutions like Polygon. Recently, co-founder and COO of Polygon Sandeep Nailwal was on Cointelegraph to talk about the future of the leading smart contracts blockchain. Ethereum is the number 2 layer 1 blockchain, only behind bitcoin. And Nailwal believes that it is only a matter of time before the blockchain takes over as the leading Layer 1 protocol. He credits this to a number of reasons and differences between the two blockchains. Related Reading | Over $5 Billion In Bitcoin And Ethereum Moved From Cold Wallets Amid China Crackdown The DeFi Space Is Booming During an exclusive interview with Cointelegraph, the COO outlines the reasons why Ethereum was set to take over from bitcoin as the leading layer 1 protocol. Nailwal cited the growth of the DeFi space as a major push for this takeover. This is because the majority of the decentralized finance activities were carried out on Ethereum, which made it “the ultimate settlement layer.” Its popularity has pushed ETH to become even more valuable as a blockchain which puts it directly in a position to overtake the top cryptocurrency. “Sooner or later, ETH will outpace Bitcoin and become the global standard,” the COO said. Nailwal pointed out that Polygon will play a major role in the long-term success of the blockchain with the scalability solutions which it provides. Related Reading | Crypto Analyst Says Ethereum Market Is A “Ticking Time Bomb”, Here’s Why More than just beating out Bitcoin for the top spot, the co-founder expressed that the blockchain may in fact not exist 10 years from now. This is because of the limited use cases and the COO believes that if bitcoin is to survive in the future, then it needs to provide more functions than being a means of exchange and investment. Ethereum Filtering Out The Noise With time, a number of projects have come out of the woodwork to compete with Ethereum for the DeFi attention it is getting. Referred to as “ETH killers,” these blockchains have risen up to take market share from the leading DeFi platform. Solana has been at the forefront of this competitive movement and has grown tremendously as it went up against Ethereum. ETH price rebounds above $3,200 | Source: ETHUSD on TradingView.com Despite the growing popularity of other Layer 1 solutions, the co-founder of Polygon does not believe that there is any blockchain that can take over Ethereum. The layer 1 solution has maintained a majority share of the market despite the rise of its competitors. Ethereum will most likely maintain the top spot in the market for the foreseeable future. And with proof of stake scheduled to come to the blockchain next year, ETH is set to dominate both the DeFi and crypto space. Chart from TradingView.com

Axie Infinity’s price surged to a record high above $118 following the release of a huge airdrop to early supporters and the launch of staking for AXS token.

On September 30, the Italian luxury fashion house Dolce & Gabbana sold an NFT collection for $5.7 million or 1,885 ether. The designers’ Collezione Genesi collection was sold via the platform UNXD, a Polygon network-powered marketplace. Dolce and Gabbana’s Collezione Genesi Rakes in 1,885 Ether Dolce and Gabbana’s first-ever non-fungible-token (NFT) drop, Collezione Genesi raked […]

So you didn’t buy and caved and bought today instead at a whole $8,000 more. I see people kicking themselves at how stupid of a decision they made. Missing BTC at $43,000 and buying at $48,000 is not that devastating. People talk about long term but try and time the bottom like day traders.. here’s…
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submitted by /u/Darius-was-the-goody [link] [comments]

Hi all, Wondering if there's a way to check if the seed phrase I got from staking my ETH on the beacon chain is correct? submitted by /u/auroreum123 [link] [comments]