I myself am a midwit and ready to admit it, but I do have eyes and ears in high places. Anyone with an inch of sense is aware that institutional adoption of Ethereum is the beating heart of this bullrun. However, that adoption has plateaued and is now finally visibly on the decline. Quite simply, the big guys are finally sick of the fees, the congestion and are looking for viable alternatives. I don't have to mention the coins that benefited the most from this situation. If Ethereum drops below $3000 again, be very afraid - not just ETH holders, all of us will be affected. The market has changed.
>>40844896holy cope you had 8 years bitch nigga
>>40844896Cringe eth can't be stopped esp when u got "eth killers" like Solana absolutely imploding on itself after too many transactions
>>40844896this is correct actually
>>40844896This has to be one of the shittiest larps during this bullrun.
kek, yes, everyone is sooooo scared of fees now that we have approximately 10 live direct rollup solutions between dydx, immutableX, loopring, arbitrum, optimism, zksync, cairo, hermez, deversifi, starkware and others with either 0 fees (zk and starks) for app-specific rollups and 1/10 fees (optimistic) for universal rollupseverybody is just SOOOO sick of 0 fees with L1 level of security for funds. they're basically throwing upthat's the problem with you coping idiots who play with other l1s. you're still competing with ETH on the terms from 2018. We've been past it a long time ago
>institutional adoptionliterally doesnt exist outside of bitcoin
>He doesn't know about arbitrum Sad really.
$27 for a swap right now. The fee problem solves itself.
>>40845090$2.50 on arbitrum, will be even cheaper as the protocol matures
Laughing in forever low TX fees
>>40844966checked and thisArbitrum is literally ETH 2.0too bad there are no good projects on it yet, just a lot of jeet scams
>>40844896>>40844973Literally 60 IQ lol>EY nightfall goes to polygon to build zk corporate eth l2 announced yesterday>Reedit goes to arbitrum to build zk eth l2 for plebit points announced 1m ago>Literally EVERY vc and fund betting on l2 platforms last 6m billions going in>coinbase going allin on direct onramp on all l2s>baselaine project onboarding every top 10 gigant in beta testsIts clear as day eth L1 will be "whale chain" and settlement layer for l2 by nowLook Im not stranger for hot potato l1 game since 2017 lol but "institutional adoption of Ethereum hes plateaued is so BAD take at this time, literally all big boys are betting ETH
>>40845149...on which projects are you trading those jeet scams?
Yeah, sure, mate. Maybe seeing what has happened with solana could open your eyes and help you understand why bitcoin and ethereum will always be the king and queen (ethereum is pretty gay with all the unicorn boys) and Link the promised prince. But I guess biz hates money so keep investing in Kadena and Revolution Populi. You sure are gonna make it.
>>40845433Your argument is based on faith, a sentiment that only ever led to destitution. There's no reason to believe blockchain depends on BTC and ETH long-term. Cardano and Solana have what it takes to capture the top 2, and even if by some twist they fail, there are 50 other contenders in line.
>>40845433>seeing what has happened with solanayou don't even remember how Ethereum had an accidental hard fork a few weeks ago?
>>40845974Solana literally just failed
>>40845433well.. investing in PoW babena kinda makes sense as hedge against shit hitting the fan when eth goes PoS
>>40846038ethereum had and dao hardfork and shangai ddos attacks BUT network was never down newfagI dont think You realise what blockchains are about I jsut talked to fidenza owner and his point was "Cant imagine holding hi end digital nfts worth 10s of millions on anything but eth" wonder why lol.....
>>40846041Still up 400% from August, you're delusional.
>>40844896The new exponential adoption is on Arbitrum, it's funny to watch people miss at the last moment
>>40846438Any layer 2 solution you could name can be ported to a different network. They won't change the game.
>>40846537>port to a less secure network with less usersbut why?
>>40846549Low fees and high speed as blockchain should be and needs to be. if you can stomach hours of wait and horrendous transaction premiums, you might as well use legacy finance.
>>40847026And l2s are about hi fees and low speed so we need to find them elsewhere, maybe solution is buying your shitcoin?TOPKEK
>>40847064I'm not shilling a thing. I'm here because even obstinate morons deserve a warning.
>>40847144I have been warned about ethereum since 2016 and your arguments are so fucking bad lol
>>40845030>institutional adoption>literally doesnt exist outside of bitcoinvan eck has an eth etf & there are a bunch of big banks offering them too.keep talking out of your ass.
>>40847170How are low fees and high speed bad arguments? They're two thirds of all the reasons why blockchain exists, and Ethereum lacks them completely now.>>40847244Idiots are too uninformed to know that institutional adoption of Bitcoin was made feasible by Ethereum to begin with.
>>40847026the topic is about rollups which solve these issues
>>40847319Are you sure about that? Because things look pretty unsolved from my position. These fees are still easily 500x of what they have any right to be.
>>40846902>>40846131Did I hurt your feelings, kadenaboys?
>>40847295Read fucking thread same as moron that posted thisQuestion was why use less secure network with less users if l2s match scalability while draw from eth security.I acually dont agree with any statment: not l2s will eat every l1 or new l1 will repalce eth.We saw 0.1% of ppl onboarded and pie is huge NO blockchain can scale to onboard everything and special mention to "back to pow" retards and everything on l1 retards.Internet and world around you are asynchronous, so will blockchains be.There will be ETH and hundreds of l2s, there will be 10s of l1 sidechains, but all roads will lead to ETH.Good news is many l1s CAN appreciate more than ETH because "muh markecap" so I have no idea why you morons play l1 hot potato game so dogmaticly.But hey what do I know im jsut simple guy betting on ETH since 2016 and yet to be proven wrongI have fucking colelction of bad arguments on biz since 2016 and there is literally NOTHING NEW sad in this thread, same old bullshit
>>40847773>NO blockchain can scale to onboard everythingSolana
>>40847873The only scam here is the Ethereum fee market. It's literally unjustifiable.
>>40847910quite easy to justify if you aren't a first order thinking troglodyte newfagyou can only get faster by compromising, and when you compromise you're a centralized shitcoin
>>40847910The fees are determined by usage, so they are exactly as high as the market will bear at all times. "Unjustifiable," my ass.
>>40848028go to ethresear.ch and shill your technical breakthrough, I am not reading your marketing campaignsit's just heuristics; the largest ecosystem by orders of magnitude won't be outdone by some literally-whos
>>40847977>The fees are determined by usage,Nonsense, they're determined by very whiny miner cartels that delay ETH2 for as long as humanly possible. It's a purebred ripoff scheme. These fees should not exist, not even when ten million people submit a transaction all at once.
>>40848070>the largest ecosystem by orders of magnitude won't be outdone by some literally-whoslol lmao
>>40847812Ill give you 1 srs reply than ignore you like newfag moron You areBefore I became financially independent tnx to crypto I worked for huge tech company and we spent 100s of millions year to scale infrastructure to keep up whit demand,and everything was on edge of falling appart every day, still is, and all that for CENTRALSIED servecesI acually like solana design BUT getting newfags like You believe idea blockchain can stay decentralised because "muh mores law" while gaining on users exponentially is lame AF and fairytale best case or blatant lying worst caseWe had "decentralisation sweetspot, hw costs going down, fast AF" try allready whit eos, and EOS guys where so smug and shit when price pumped. It ended badly.Less nodes=centralisation, centralisation=cartelisation=dead chain.
>>40847873Gl with Kadena bags im sure future of fiance will be built on POW in 21st century LMFAONow go fuck off shill somwhere else
>>40848107Again, the lack of scalability is intentional. Miners protecting their income. The one and only reason why ETH2 (which should have released YEARS AGO) is in perpetual testnet. I'll suck my own dick if it releases this year.
>>40848081maybe add that I just looked at their website and it is literally the most disgusting looking thing I have ever seenretards can't even set CSS properties but they somehow pioneered blockchains? literally missing pointer effects in the menu foldouts and randomly has click indicators on things that aren't clickableenjoy the bags
>>40848216Website will be remade soon. They've been busy making something that actually works instead of marketing like every other shit chain.
>>40848187Miners deserve the whole blame. Large-scale miners abusing their vote power I mean. If I were at the helm of the Ethereum foundation, I would outright terrorize them into compliance. They'd actually find their families' corpses dangling from meat hooks if they resisted change under my watch.
OP opens thread to bash eth and shill some l1 shitcoinGets hijacked by kadena lunaticJustice I guessCya lads
>>40848297Fair. It's more akin to a cage of cocaine-fueled chimps than a team at this point though.>>40848368>bash ethOP pointed out a reality, nothing more. Institutions really are starting to turn their backs.
>>40848235>I work at a lab with an ugly websitemaybe your lab is just dogshit, food for thoughtcope more weebshit>pic rel is pos vs pow rich get richer fudand there you go, outed yourself as a first order thinking blockchain illiteratemining is rich get richer but just more imbalanced and centralizing because of wholesale discounts and varying energy availability depending on demographicsalso loling at the notion that the real jewiness isn't just being an early adopter; buying BTC at $1 and 50000x'ing your investment is somehow not the real culprit, it's apparently the meager rewards you get from staking
>>40848454Miners are FORCED to compete for power. Stakers NEVER have to give up any financial power for the rest of their life. It literally is just early adopter = power for life.You said it yourself, it's the culprit. Mining is fair, you can catch up in technology, but you can NEVER catch up to bags that aren't being sold.
>>40848436>OP pointed out a reality, nothing more. Institutions really are starting to turn their backs.>>40845235Its like arguing chimps that just repeat same shit lol
>>40848600Layered solutions are suboptimal and ultimately just means to cover up fundamental problems, everyone outside ETH realizes this.
You guys remember when Arbitrum was down? lol
>>40848537>lmao, do you at least get paid by ((them))There's another thing, a disconcertingly large amount of /pol/ crossposters within ETH. They're literally 95% Slavs blaming Schlomo for their own self-inflicted poverty.
>>40848535>It literally is just early adopter = power for life.that is literally just a fact of having money you fucking retard, holy shit you are dumb - you get better rewards in the stock market if you discount price action (which is many orders of magnitude more impactful, and a fact of POW and POS chains just the same) >PoW at least has a limitwrap your BTC/POW shitcoin and lend it out at 5%gg you can never be "caught up to" againyou're looking at a tsunami (price action/early adoption) and see a guy pouring water on it (staking rewards) and you pretend it matters
>>40848980I literally used your own argument against you, read what you wrote please. >that the real jewiness isn't just being an early adopter; buying BTC at $1 and 50000x'ing your investment is somehow not the real culpritYou are a hypocrite if you refuse to give me a point for that.
>>40849011give you a point for fucking what? that applies just as much to POW as it does to POS, making whatever point you had completely moot
>>40849011>buying BTC at $1 and 50000x'ing your investmentThere is absolutely nothing wrong with this, and if you disagree you're an ill-begotten communist regardless of what else you believe.
>>40845012>Hell yes Mr. Exxon you can develop a solution on Ethereum just live direct rollup solutions between dydx, immutableX, loopring, arbitrum, optimism, zksync, cairo, hermez, deversifi, starkware and others with either 0 fees (zk and starks) for app-specific rollups and 1/10 fees (optimistic) for universal rollupsHmm
>>40849111I see nothing wrong with increasing your investment either, but it was his argument. If he's going to use it against PoW, it should be used against PoS as well.I only made things fair, because he's a hypocrite who is threatened by the existence of Kadena and will use arguments against it that his own project does not survive either.Hypocrisy has no place in honest debate and is a tell of weakness. It must be nullified so one can move on and continue debating on an equal level.
>>40849111honestly what the fuck how low is the bar? I don't give a fuck if early adopters make money (my early 2017 5k is now 500k)learn to fucking read retard
>>40849172>I only made things fairThat's exactly what these fucks get so angry about. They want unfair.
>>40849186Why are you so pissed? My post was misdirected, but doesn't it confirm your side of the argument? For being so utterly sure of your network's continued success, you Ethereum fags sure seethe a lot. Not a good look.
>>40849323>Why are you so pissed?it's innate really - a distaste for shitwits pretending they are my equal
>>40849361>shitwits pretending they are my equalWell, no worries, I won't ever do that. You're obviously beneath me.
>>40844896>the big guys are finally sick of the feesthey big guys aren't so poor to be afraid of 67 gwei gas fee. good bait though.
>>40849398>retard rhetoricyour answer to my argument was another dogshit picture from your autistic shitcoin museum>>40849410you can barely read
shrieking like a cornered animal
>>40849469Of course they're sick of them. It's a cost factor they wouldn't even have to consider if defi was standardized on a more scalable chain. The richest companies and individuals definitely didn't get to where they are by depending on wasteful and inefficient systems.
>>40849568>Doesn't change the fact that PoW is better than PoSthere is no such fact, you are just abnormally dumb
>>40844896Xdai(stake) will definitely have legs when this takes place . Screen cap this .
>>40849742>the earth is roundwwwfacebookcom/FlatEarthToday/
>>40849900I am demonstrating that compiling links is not proofnot surprised I had to dumb it down for you desu
>>40850021>makes argument>gets addressed>ignore and spam precompiled screendumps and linksare you even human? you want me to sift through your precompiled autistic mess? I got the gist from the screendumps; the fact that you think they contain good arguments is all the evidence I needed that you're a brainlet shitcoin peddling retard
ETH gas fee is killing all the profit. Fucking good FUN is migrating to layer 2 on polygon
>>40850399it does, now I'm buying
>>40844935Sol is a "sol killer" and as for eth with gas fees as high as a motherfucker, migrating to other networks is better. Fuckers like y'all should be having some fun right now cos when the move to polygon is live, its going to fucking pump
>>40850428Yeah been accumulating it on freebitcoin. Using it to vacay when I get the chance. FUN is the bomb
>>40850399You can use fun token to make trans atlantic journeys by just booking your flights on travala..
>>40849568DeFi belongs on L2s like rollups and ethereum evolves into a chain that is ideal to run them on.
>>40844896It's Vitalik's fault. POS and sharding didn't come soon enough.
It really is a shame nobody pays attention to Expanse, the first clone of Ethereum with chain id=2. The difference between a $1million marketcap and multi billion$ marketcap is staggering - and i'm speaking of other EVM clones like bsc and matic, not comparing to ethereum.
>>40851628>clone of EthereumEVM project not needed
>>40850810fuckin you can should take me along mate.
>>40851608It was down for like 20 minutes.
>>40851628The ethereum classic developers keep ETC geth synched with ETH geth. Any ETH dapp will run on ETC. Normies are too dumb to understand.
SOL fucking hype is over. Glad that FUN is going on layer 2 on Polygon.This shit is about to go real.
>>40851675It was down for 45 minutes.That is not acceptable when there's undercollaterization going on on loan platforms.
>>40851662Let's wait for the L2 and that's when the real fun will begin anon
>>40844896>This time it's different
>>40850687I love their dplay casino . Fucking looks like Vegas is in my home. Work from home
>big guys are sick of the feesthis is the funniest shit I've heard all year pajeet
>>40851950Looking for their strategic burn. FUN already sold out massive 500 million dollars in no time
>>40852228Anon shits looking huge , I think my wife would love FUN. she Loves to play games.My life is ruined.
>>40844896>I myself am a midwitGotcha. I didn't read past this point.
Fuckin ETH need to mind its business. The gas fee is crossing over 100 dollar. Polygon is the real solution mate
>>40852501>centralized keys is the real solution
>>40844896This piece of shit is just bleeding sats.
>>40851786Some hacked projects bounced back. Let's see what comes out of sol when they recover. Some projects like fun are running away from eth gas fees and polygon is a good alternative for them.
>>40851425DeFi belongs on L2 not just because of the fees, also because settlement time and fair sequencing. if all of DeFi and also NFTs would be on L2 then we would be at 1gwei gas fee for the main chain.
>>40852436I need to shag your wife then if she loves fun...banging her in bangkok will sure light up her mood...i better call my travala agent
>>40844966Wasn't ZK Rollups the big boy ?
>>40852441Yet despite that, I can gauge and predict the market better than any Ethereum fanboy. This network is broken and the fix is in the very best case months away. Any serious team will have their smart contracts and platforms ported to something better within a week.
>>40852077It's just an ordinary decentralized casino pajeet....degens would think its fun to dplay maybe..
>>40852228If it'll make transactions fees low as fuck then...then no need argue with a little fun
>>40852077>>40850428>>40850687Scammers using Discord to coordinate shilling.
>>40844896>BRO FORGET ETH BNB HAS _MEME TOKENS_>BRO FORGET BNB ARBITRUM HAS _MEME TOKENS_Cope seethe and dilate
>>40844896He's absolutely right. Trading everything for SOL right fucking now.
>>40853358Fuck off fuckface
>>40853009I actually mostly hold a bit of every viable L1 defi solution. ETH is just my oldest and largest holding. I also have some L2 scaling solutions. So not a fanboy by any means. Outside of the hype circles, every project has it's pros and cons. There is no such thing as a sure-fire ETH killer or whatever you'd like to call it. There's always a tradeoff. Also, I think Arbitrum is doing a good job for now.
>>40853788>gambling is goodno. fuck off.
>>40853397You're genuinely retarded. Apply for retard bux to profit from this.
>>40853832Wouldn't have vegas if it was bad prick
>>40853949Vegas is bad.
>>40854181Whatever makes you happy
>>40846369Doesn't matter. Still failed. Stop moving the goalposts like a little faggot.
>>40854251>>40853949>>40853788>>40850687>>40850428>>40852077>1pbtidshills out in full force, so many VPNs and 4chan passes lmao, not a single organic poster.
Why don't you just go to ERG
>>40854313I'll consider Solana a failure once something else does lower fees and faster consensus.>b-but centralizedETH niggers are not the ones to teach anybody a lesson about decentralization.
>>40854350wow raj doing damage control like the jeet you are
>>40844935holding at +- 160 is "imploding"? Maintaining gains after yesterdays debacle is "imploding"? Lol! It only indicated who has been selected for the ETH deathblow.
>>40854531>1pbtidFuck off with your scam shilling.
>>40844896based. fuck shithereum, and it's not too big to fail with its only claim to fame being it has a bunch of fecal scams on it. It has always been the faggy redditor coin.
>>40854491solana is a centralized shitcoin but you are right ethies are not the ones to lecture about that.
>>40844896>he doesn't know Don't worry, eth will be around.
>>40854491>FailedHey be nice. That guy still can't deal with missing out on SOL, and ETH never breaking 4K ever, ever, EVER again.
>>40854707You know, big money and gov't generally LOVE centralization. You do know that right? Are you here to make money or play poorfag Robinhood?