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MetaMask now has over 8M users

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Re: MetaMask now has over 8M users

#21

Post by keymone »

ausudhz wrote: post #15
boramalper wrote: post #7

Earlier quoted context omitted.

I vouched for this comment as I believe it has a point: I think decentralised systems in general have a tendency to yield centralised hotspots for convenience and scalability reasons as networks grow, but in the case of blockchains and Ethereum in particular, running a full node (that can provide the functionality of Infura for instance) is becoming extremely infeasible. I acknowledge that this is still much more dec…

You can run a full node on AWS in a couple of minutes, they've a managed Blockchain service that allows you to create an eth node in literally a few click. Not sure what's infeasible for you, but to me that sounds pretty reasonable. If you've the skills just download geth and run it yourself in your own hardware. There are people who do this on a daily basis to mine eth and they're not hackers.

Not a full node, a fast-sync trusting third party node.

I doubt anyone is able to sync a full node from genesis block anymore.

Re: MetaMask now has over 8M users

#24

Post by Danieru »

ausudhz wrote: post #11
arcticbull wrote: post #2

I guess a lot of people want to spend $200 in gas fees to buy a URL to a JPEG that comes with no rights whatsoever to the image itself. What a time to be alive. Maybe I was wrong, maybe the Fed's loose monetary policy has gone too far after all haha.

I think the main point is that people are happy to do so cause they can sell that JPEG for more later on The gas problem is well known and it has been addressed with the London upgrade

> The gas problem is well known and it has been addressed with the London upgrade

Gas prices are up. London only made the prices more predictable; high and predictable. "prices go high and low" is not a problems who's solution is "keep it high all the time".

The actual promised solution to high gas prices is sharing. Which got delayed behind proof of stake backed validation. Aka: delayed until other long delayed feature is shipped.

Re: MetaMask now has over 8M users

#25

Post by ausudhz »

keymone wrote: post #21
ausudhz wrote: post #15

Earlier quoted context omitted.

You can run a full node on AWS in a couple of minutes, they've a managed Blockchain service that allows you to create an eth node in literally a few click. Not sure what's infeasible for you, but to me that sounds pretty reasonable. If you've the skills just download geth and run it yourself in your own hardware. There are people who do this on a daily basis to mine eth and they're not hackers.

Not a full node, a fast-sync trusting third party node. I doubt anyone is able to sync a full node from genesis block anymore.

Is possible in theory, if you don't have the resources to do so is another problem.

Re: MetaMask now has over 8M users

#26

Post by ausudhz »

Danieru wrote: post #24
ausudhz wrote: post #11

Earlier quoted context omitted.

I think the main point is that people are happy to do so cause they can sell that JPEG for more later on The gas problem is well known and it has been addressed with the London upgrade

> The gas problem is well known and it has been addressed with the London upgrade Gas prices are up. London only made the prices more predictable; high and predictable. "prices go high and low" is not a problems who's solution is "keep it high all the time". The actual promised solution to high gas prices is sharing. Which got delayed behind proof of stake backed validation. Aka: delayed until other long delayed feat…

Yes that was my point, it was the main change for eth 2.0 but it still has a long way to go.

I guess other chain that use an utility token and main token have a better control over the transaction fee as compared as eth.

Re: MetaMask now has over 8M users

#28

Post by omarfarooq »

keymone wrote: post #21
ausudhz wrote: post #15

Earlier quoted context omitted.

You can run a full node on AWS in a couple of minutes, they've a managed Blockchain service that allows you to create an eth node in literally a few click. Not sure what's infeasible for you, but to me that sounds pretty reasonable. If you've the skills just download geth and run it yourself in your own hardware. There are people who do this on a daily basis to mine eth and they're not hackers.

Not a full node, a fast-sync trusting third party node. I doubt anyone is able to sync a full node from genesis block anymore.

> I doubt anyone is able to sync a full node from genesis block anymore.

Because 1 terabyte of storage space is so out of reach, today? [1]

Ethereum Chain Full Sync Data Size: 954.28 GB as of 09/06/2021 [2]

[1] https://www.amazon.com/Blue-NAND-1TB-SSD-WDS100T2B0A/dp/B073... [2] https://ycharts.com/indicators/ethereum_chain_full_sync_data...

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