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Goodbye Gas Fees

every.to

1–10 of 109 posts

Re: Goodbye Gas Fees

#5
> Thankfully, a number of crypto exchanges have started natively supporting Layer 2 withdrawals, meaning you can send your funds straight from the exchange to the L2 of your choice.

What is the point of going back to centralized crypto exchanges once again, just to move, swap your cryptocurrencies and then bringing up the argument of decentralization? Decentralized exchanges like Uniswap were supposed to make it possible to get rid of the reliance on centralized exchanges. But even using that or similar decentralized exchanges, the gas fees are still high.

This post is enough to put off any cryptocurrency-skeptic who would be wondering if they can ever use Ethereum to pay for their groceries at the local supermarket.

I guess after reading the mentioned beta contraptions, multiple steps, still expensive gas fees and the coins and layers you need to know just to 'use it' gives the TL;DR of:

   Nope, It is not ready and I cannot use it. So I will wait.

Re: Goodbye Gas Fees

#6

Timely article - Polygon is what we've used for our blockchain verified resume https://www.rezi.ai/rezi-blockchain-verified-resume

I would like to understand more about your product. Does it ensure the accuracy of your resume? I.e that you really did work for Google since 2020? Or is it more to simply ensure that the content has not changed. But if so, who cares if your resume has changed?

Re: Goodbye Gas Fees

#8
post #5

> Thankfully, a number of crypto exchanges have started natively supporting Layer 2 withdrawals, meaning you can send your funds straight from the exchange to the L2 of your choice. What is the point of going back to centralized crypto exchanges once again, just to move, swap your cryptocurrencies and then bringing up the argument of decentralization? Decentralized exchanges like Uniswap were supposed to make it poss…

amazing how the crypto narrative changes...

before: ETH fees needs to be cheap (remember the bitcoin fees and eth wanted fees to belower?), now: ETH fees was meant to be high!

before: we need to get away from centralized exchanges for decentralization now: we need centralized exchanges

crazy.

Re: Goodbye Gas Fees

#9
I don't really get why we have a thousand coins trying to solve the same problem that Bitcoin Cash solved in 2017. (Or, in 2009, if you accept that BCH is the same formula as original Bitcoin, and that it is Bitcoin Core that changed its design. They share the same history.)

If you want cheap transactions, for actual cash-like usage rather than a "settlement layer", you need big blocks. It is not rocket science.

Re: Goodbye Gas Fees

#10

What a joke - it’s all ponzu and speculation the whole way down

Please don't post generic flamewar comments to HN. It leads to generic flamewar hell, which is just what we don't want here.

Needless to say, that has nothing to do with how right you are, or feel you are, about the underlying topic. It has to do with comment quality. We want to avoid the worst sort of internet comments and most of all the sort that evoke predictable flamewars. (Cryptocurrency flamewars are probably the most predictable of all, these days—it's one big endless same thing.)

If you don't have something curious and thoughtful to say, not posting is a good alternative. If you don't find one thread stimulating of your intellectual curiosity, there are plenty of others to look at.

https://news.ycombinator.com/newsguidelines.html

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