I made the grievous error of posting on buttcoin, getting rekt to 0 karma, and had to grind back up to be able to post here. Now that I’m back:
Don’t fade ETH’s upgrade!
EIP-4844 is right around the corner. March 13. OK, what does this mean?
Gas fees will be reduced.
OK, how does this translate to ETH doing well?
Imagine adding more lanes to the most crowded freeway in your major city. Traffic will get reduced significantly—for a short while.
Suddenly, the open roads would goad the every day subway rider, the bus rider, the walker, the biker, the carpooler, into riding in their own comfortable car, without the crying baby in the seat next to them.
Suddenly, freeways will be, you guessed it, crowded again.
So much more traffic will move to ETH’s layer 2s because of cheaper fees. These L2s will in turn pay more on L1 gas fees, increase activity on ETH, and usher more people into the ETH ecosystem, which is already the most vibrant of all blockchains.
This is just a theory. Don’t take this as financial advice. I’m just saying, don’t fade the new upgrade coming out in the next week or so. Plan accordingly, whatever that means to you.
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