/biz/ - Business & Finance

Did they address the problem in any way?

>can't buy
>can't sell
AAHHHHHH

>>21338042
apparently the turd farmers are making enough to afford it.

>>21338042
Unacceptable.
Still got 505 ETH, YOLO!

>>21338853

>>21339218
he didn't say please, we are bound...

>>21338974
I resent that.

IT CAN'T FUCKING SCALE. HOW MANY TIMES DO WE HAVE TO SAY THIS?!?!

ETH is pure spaghetti code. ETH was without a doubt a great idea; I will not deny that at all. However, most people in crypto don't have the comprehension or knowledge to be able and look at the code-base and identify flaws that could be catastrophic, both in terms of economic, security, and overall functioning in cost signals.

Vitalik is smart. However, he's the most retarded smart person in all of crypto. He's a fucking child who doesn't own up to his inability to produce a creation and has longevity. Him and his cronies wrote shitty-ass code. It can't scale. The only way it can scale is constant upgrades each time they feel things are getting congested. This is where the problem lies. It is impossible for ETH to implement a scaling solution to where it doesn't need upgrades anymore. For ETH to work, it will need constant upgrades of ETH 2.0, 3.0, 4.0, so on and so forth for an indefinite amount of time - just kicking the can down the road. Off-chain scaling won't work either because ETH's security is already shit on a stick. Making something more complicated that is already a piece of shit is 100% pointless. People can never steadily develop something on ETH because with each 'scaling upgrade', those who are creating on ETH will have to pivot each time to ensure their product is compatible to work on ETH. To sum it up, each time ETH decides to upgrade to scale, it just gets worse.

>>21339356
high iq anon right here

lol, bitcoin maxis were right

>>21338974
Paid $200 in gas to farm $4000 in $BASED, can confirm

>>21339356
ok so whats better than ETH

>>21339323
OP asked me to defend it.
If the market for decentralized turds can pay for the thousand dollar gas prices, that's good for them.

>>21338042
i realized that shit was a joke when i sold that other joke called link which required this shitoken

30 fucking dollar gas fees even at dead hours, even between 2-5am when amerifags are asleep, eurofags are waking up

THE STUPID FUCKING CHINKS NEED TO STOP CONGESTING THIS RETARDED BLOCKCHAIN

dump ETH and long XRP Flare the new smart contract solution. Thank me later

I give up, $170 in failed transactions... cant fukin buy nor sell

>>21339446
btc gets congestion problems too though

>>21339489
Avalanche. It can support MORE transactions than traditional financial infrastructure.

>>21338042
>Solves the ETH is a shitcoin problem

lol is this link's fault?

>>21339700

>>21339218
>this is the guy who's criticizing chainlink

>>21339356
idk if youve ever used any sort of software or network, or really anything related to technology, but they all have constant upgrades. You still using Windows 95?

>>21339700
I saw $50 fees for BTC when cuckbase was spamming unnecessary transactions at the ATH but I never seen $1000, lmao, at least BTC devs made transaction size smaller to help with congestion and have two different L2s up and running. Everyone gave them shit so let's see how much better tranny ETH devs are.

I wish there was a solution

uniswap is a fucking scooby doo ghost town now

>>21339948
RLC

arbitrum will fix this right guys? you can just pay link nodes to run your transaction instead of gwei

>>21338875
YOU CANT CASH OUT

>>21339700
Every layer one coin will have either congestion, either massive centralization.
Layer two is the way to go

>>21339356
Why can't we just add a Layer 2 solution and have it settle on Ethereum?

>>21341007
There's nothing stopping it, L2s don't need permission to be built. BTC already has two L2s.

>>21338042
I'm going to defend this, just as soon as I can afford the contract to send data from my keyboard

>>21340991

No. IOTA is solving scaling on layer one. Without layer one solutions there's no point in DLT.

>>21341007
i hear about several L2 solutions to eth but idk if any of them are running yet?

>>21338042
I’m with crypto queen here

>>21341389
IM INVOLVED

>>21339489
Unironically Waves

>>21341804
waves died when it delisted niggercoin

>>21338875
Just take the Mark, goy. Then you can.

This is s great thing according to bitcoin core cucks.

The blame falls on defi scammers, not on ETH.

>>21338042
WORTHLESS GARBAGE UNPUMPABLE SHITCOIN LITERALLY INCAPABLE OF GAINS AND OUTPERFORMED BY EVEN BITCOIN OVER THE LAST 2 YEARS REEEEEEEEEEEEEEEEEEEEEEEEEEEE

Brainlet here:

Are fees this high for all eth tokens or just eth?

>>21339489
BSV

Fantom is the solution

is this actually legitimate? dont use eth at all please give me evidence it hit 1000 dollars

>>21339356
Thoughts on other L1 protocols?
Which one will take Ethereum's place if ETH 2.0 failed?

>>21343074
lmao, to see an actual brainlet irl

this shit is about to crash isn't it

>>21343316
It's 3.6 dollars right now. Not great, not terrible.

Layer2 is shit, always was. ETH failed and onchain scaling will take years. Time to bet on other smart contract chains.

>>21338042
The only good thing about these high ass gas prices is people will think twice before gambling on shit coins. A lot less swing trading will happen and people will be more likely to hold through dips making prices more stable. $25 in gas for one trade is insane but it will change the way people trade crypto. When I got back into crypto I started with $200. I made a few trades with small gains and losses and stayed almost even until I bought into a coin that made substantial growth. If I was paying $25 per trade I'd have been fucked on day 1.

>>21339429
more like shitty copy pasta

the transactions reached a new insane level very fast, if you actually believe one of your shitty chains would do better at this level then you are a retard. 3 things will happen: laeyr 2 solutions being implemented by the platforms lke uniswap or aave, I expect this to happen soon. Also, ETH2.0 will fix it altogether. Some of the legit platforms might actually get some of the action, which will take some usage off ET (the only legit ones are ERD & FTM).

On the short term the economics will work itself out as it encourages making larger transactions only and less pajeet tier uniswapping for $10, which will lower fees until a workable equilibrium is reached

>>21343074
Lmao fuck off creg

>>21343590
Lightning network on dogecoin will become the settlement standard

>>21340322
It was Mayor Gassman All Along!

>>21343578
>3.6

lol

>>21343644
>crypto is traded on chain
wut

fantom

>>21339698
You need to send the transaction with the same nonce to "overwrite" the previous one. Otherwise the new transaction will just be pending of the old one.

Are you this guy?
0x5053a1354cB45eebdd2d8342cEeE71d41efA75CA

keep in mind all pending contract calls will execute as soon as the first one does, you might wanna transfer all funds out of that account to avoid the network fees and duplicate contract calls... although I think uniswap will return an error anyways since the price in your call is gonna be way off the current exchange rate
Anyway, just read up on Ethereum Nonces and sign a new transaction with nonce 144, metamask lets you edit the nonce after enabling the option in advanced settings

>>21344239
>FTM
SHOO SHOO

I did buy some IOTA and it's doing well. Funds are safu.

>>21343014
Any eth transaction is the same thing. Doesnt matter if its a token or the coin.

>>21343074
STIFF

>>21345204
OOOOOOOH