Arbitrum for me is the best layer-2 network for me, in my own opinion. This chain is the most chain among all layer-2 networks I have a lot of volume transactions, especially in all Decentralized Finance (DeFi) platforms. As you can see, Arbitrum is the TVL among the layer-2 that is based on Ethereum.
With this potential of Arbitrum, and you even thought it is better than Optimism, what is your target price for Arbitrum?
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BoardSpeculation
Re: High transaction fees affects buyers and seller in payment in bitcoin
Another thing is that if transaction is made, sellers will have to wait for long to receive payment and no seller wants that kind of delay in his/her business.
A trade is done if the transaction is confirmed by miner.
No confirm, the trade is not done because the sender can double-spend unconfirmed transaction any time.
Prediction 10: A major upgrade to the Ethereum blockchain will drive the average transaction cost below $0.01, paving the way for more mainstream uses.
If Ethereum succeeds with its upgrade to benefit their users with transaction fee to below $0.01 per transaction, it will be a massive success for Ethereum and ETH will have very good bull run.
I doubt Ethereum can succeed and since 2017, since Crypto Kitties FOMO and Ethereum congestion, their developers failed to get it. In 2021 and 2022, with DeFi and dApps, Ethereum transaction fee became expensive again.
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BoardEconomics
Re: How come both the "gas" and "fee" prices shoot up without ETH and BTC move?
by
Aeroplanino
on 23/11/2023, 11:05:40 UTC
With Bitcoin, it's transaction fee. With altcoins and their smart contracts, it's gas price.
Don't confuse transaction fee on Bitcoin blockchain and gas price on altcoin blockchains.
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BoardEconomics
Re: Honestly do we really got rugpulled in pandemic?
Whether we realize it or not, we are feeling the impact of the pandemic, but before we go any further, if you mean by the crypto crash that means the most surprising period in 2021 is FTX.
People should have a weapon against fraudsters, scammers --or what we call that deceive people just for easy money. That weapon could be, knowledge and awareness. If you have all of these you will never be their victim, they are just like prey waiting for a victim and most of them are naive people who lack knowledge. Airdrops and giveaways are prone to scams --if we join we must be careful or never join with these activities and keep in mind that there is no totally free money on the internet.
The best weapons are your carefulness and you are not greed.
If you are careful, you will not click on any strange link, click on links sent to you by any stranger who DMs you first. If you are careful, you will not download any file from strangers.
If you are not greed, you will not go first and send you money by believing in promise like "Send me your money, you will receive a double money from me".
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BoardBitcoin Discussion
Re: What is cluster?
by
Aeroplanino
on 21/10/2023, 03:48:11 UTC
A cluster can be from a personal wallet or from a centralized exchange hot wallet that is used to proceed withdrawals for many users. Centralized exchanges proceed withdrawals for many users in batch transactions so your receiving address can be marked as one of many addresses in a cluster related to that exchange.
If it is a personal cluster wallet, your account is under investigation like you are cheating their casino with multi accounts and they just detected something through on-chain analysis.
Bitcoin mining industry size is small in energy consumption to other industries. It won't be a big or biggest problem of green house gases, air pollution or climate change.
I usuallyy short but i see that market looks like how it looked like before bigger pump and short liqutation. Be careful to short we will see green market soon now Im long with SOL,ETH,ADA Im ready for pump Market is support zone now definately it's like some altcoins rally definately
In bear market, altcoins are most risky.
I only buy bitcoin in a bear market and only buy altcoins in bull market.
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BoardEconomics
Re: Bundle exchange announces their cease of operation
Please permits me to borrow this words we often used here as this is the good example of "Not your key Not your coin". I have also tried my best to share across for those who don't regularly login their mails to get updated and please move out your funds to a safe custodian wallet.
They announced their shut down and give their users about two months to withdraw their funds. It sounds long enough for their users but in early days after the announcement, their users might feel fearful and it might cause congestion in their customer supports and security teams that will approve and proceed withdrawal requests.
I had a math class with third graders of which we discussed money I told them about virtual and real money of which I was very shocked and happy that they had knowledge about Bitcoin. However we ended the class after we had spoken alot about Bitcoin they were soo happy and loved the class also Like wow being with the kids was a nice time for them and I to get to know Bitcoin better look forward to having a class with them next week
Could you share that what they knew about Bitcoin, please?
It is interesting to see Bitcoin becomes to more widely known in young and old people. Those kids will be future of the world and Bitcoin communities.
I would be happy if they have right knowledge about Bitcoin at beginning.
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BoardBitcoin Discussion
Re: Attempting to help some underprivileged through Bitcoin
by
Aeroplanino
on 04/04/2023, 16:38:40 UTC
You can run charity, raise donation in clothes, food, fiat currency, Bitcoin and cryptocurrency and it must not be through Bitcoin.