I'm sorry to add to the million posts about gas fees, but I'm genuinely concerned.
I'm a long-time holder. About 3 years ago I switched all of my BTC to ETH. this was for environmental reasons with ETH's PoS plans.
70% of my stack is now locked up in staking.
I'm the first person who wants to see $10kETH. but I'm worried about what that will do to fees. Imagine double the fees if usage stays the same.
Any new user will find it ridiculous to use the ecosystem and get attached to one of the other smart contract ecosystems. That's not ideal for long-term adoption of ethereum.
Wondering whether we need to increase the block size. I'm sure Staker's would happily upgrade their hard drives. I'd spend extra $$$on an 8TB SSD if it meant we scale.
How can this be considered?
[link] [comments]
You can get bonuses upto $100 FREE BONUS when you:
π° Install these recommended apps:
π² SocialGood - 100% Crypto Back on Everyday Shopping
π² xPortal - The DeFi For The Next Billion
π² CryptoTab Browser - Lightweight, fast, and ready to mine!
π° Register on these recommended exchanges:
π‘ Binanceπ‘ Bitfinexπ‘ Bitmartπ‘ Bittrexπ‘ Bitget
π‘ CoinExπ‘ Crypto.comπ‘ Gate.ioπ‘ Huobiπ‘ Kucoin.
Comments