Etherum Reddit

More / Etherum Reddit - 2 years ago

Struggling to Understand Gas.

Not much of a complicated question really but I can be super dense some times. ​ What the heck is gas? How does it affect the transaction price? Why is super high at times? What determines its price? How are the new updates actually affecting...

More / Etherum Reddit - 2 years ago

APY dropped to 5% for staked ETH2!?

I staked my eth into Coinbase months ago for that 6% interest.. I checked it today to find that they dropped it to 5%, less than Celsius but won’t let me remove it even though they dropped the rate after staking. What’s going on? How can they drop th...

More / Etherum Reddit - 2 years ago

Does Ethereum mainnet still host Polygon?

I learned polygon was a layer 2 solution on Ethereum in the beginning. However, polygon seems to have its own chain now. Does this mean Polygon exists both as an L2 solution and an independent sidechain like BSC? submitted by /u/Tahmid_...

More / Etherum Reddit - 2 years ago

Gwei Vs. Amount Sent = ?

Trying to figure out what the mathematical equation is to figure out if I have $1000 (approx 0.3 ETH) worth of ETH that I want to send, and the gas price is at 72 gewi, how much can the recieveing end expect to get? Been doing some Google-fu for abou...

More / Etherum Reddit - 2 years ago

Serious question about what's special about Eth

I understand the importance of smart contracts and know Ethereum was the pioneer. However, there's cosmos, fantom, etc. Which in my limited knowledge can do the same thing. Ive never really understood what makes Eth so special, and am looking for...

More / Etherum Reddit - 2 years ago

Stuck in L1?

Do I need to worry about my Ether and so forth getting "stuck" in L1 in the sense that, some day L2's might be where all the action happens, and L1 is a "settlement layer" and therefor very (more so) expensive to move in or ou...

More / Etherum Reddit - 2 years ago

Layer 2 solutions and user friendliness

Hey everyone, I'm super excited about L2 solutions, I have been a Polygon user for a few months already and implemented an Optimism bridge myself during Scaling Ethereum ETHGlobal hackathon. My concern is that for most users using Ethereum is com...