DeFi is completely unsustainable.
If eth 2.0 doesn't come out this year we will either crash really hard or people will start migrating to other chains...
Fuck this
Jace Howard
Jason Perez
it keeps the pajeets out
Levi Long
Just wait till Elrond launches and unironically flips ETH with its 200k TPS and low fees.
Oliver Ramirez
but it also makes crypto completely useless in the real world. If you can't make a small transaction without paying insane fees it will never get adopted
Jose Nelson
Wait till Fantom Finance releases this week and all the Defi will migrate to it
Tyler Young
Elrond a shit, doesn't even have a mainnet launched.
Harmony is the future.
Noah Cooper
No it won't
LRC is already on L2 and uniswap and synethix are migrating to OVM later this year
Eth has all the capital, no whale is going to switch to some other chain with 0 volume because of $4 gas fees LMFAO
only pajeets are priced out as we dump our 100% weekly ROI bags on their dumbass heads
Jack Sanchez
Masternodes --> Crypto kitties --> PoWH pyramids --> "DeFi"
What is the next pyramidscam?
Nicholas Sanders
cardano launches smart contracts eoy. eth2 will launch in 2022
Andrew Jenkins
other layer 2 scaling solutions are going live, and will continue to add enormous value by reducing fees and increasing throughput
Ethan Nelson
explain for a brainlet please. LRC is loopring, correct? is OVM the Ontology Virtual Machine? I seem to remember those projects were related
Chase Wilson
Don't worry OP iExec has already solved it. You had 19 years :)
Gavin Lee
Crypto isnt for poorfags. If you cant make large transactions kys
Ethan Davis
Phase 0 and phase 1 of ETH2.0 will not give any relief. large projects need to switch to L2. Especially for uniswap there needs to be an L2 version. If Tether would finally switch to plasma then this would also help a lot, but of course they can't get their shit together.
Cooper Butler
Cardano is literal shit that's on its deathbed mate
Xavier Howard
ampl
Eli Clark
LRC is looping
OVM has nothing to do with chink scam chains
Camden Mitchell
>wants adoption
>gets adoption
>this is a problem
OOK?
Gabriel Richardson
This. I paid about $15 for contract interactions on DYDX to deposit funds and then margin trade. I make that money back if ETH goes up even 10 cents with the size of my position. So I really don't give a shit.
Cooper Peterson
You realize that Elrond is going to shit all over Harmony. At this point you might as well come home white man. ERD is the future.
Henry Lewis
Yeah
BSV is ready. Has been. Will continue to be.
Speak to developers, not Zig Forums retards. Listen to their experiences building on each chain.
Owen Cook
explain why
Eli Sullivan
fantom has 5 tps
Jason Moore
Optimistic Virtual Machine, got it. Also LRC is a chinese team lol
Jace Price
FANTOM FINANCE IS LAUNCHING RIGHT NOW.
NOT NEXT YEAR, NOT EOY.
NOW
AND IT'S A FUCKING DAG WITH TURBO TPS
Lucas Diaz
fantom has only 5 tps
the scam got exposed here
Juan Foster
twitter.com/FantomFinance/status/1285528477018591234?s=20
It's already happening lmao
Jacob Adams
>Doesn’t know about ftm
My sides
Isaiah Howard
Keep seething you fucking faggot
Caleb Phillips
I see it's already been posted
The potential of their crypto-agnostic DeFi is yuge
Nathaniel Sanders
fantom has only 5 tps
the scam got exposed here
Joshua Turner
I tried your experiment. And you're right! Holy shit!
Except here's the IQ test part, Ace.
Instead of immediately agreeing with your scam "discovery", I tried something else:
Open two or three browser windows to the same site.
Click the first window button four or five times (for a couple of hundred transactions) and start your timer.
Then immediately jump to another window and click that button once.
Click on the top transaction hash for the second window and watch it quickly show "success" (check the official testnet explorer too if you like).
Then jump back to the first window you hammered and see the top hash of your original clicks is still validating.
Since you still probably don't get it, let me explain. It's a FUCKING THROTTLE for transactions coming from the same address. And I think 5 per second **per user** is FUCKING PLENTY. Don't you??
Fucking pleb lost his fanties now he's mad
Aiden Perez
Stay away from this easily disproven retard
Jacob Myers
what happens if a botnet sends more than 5 per user?
Jace Murphy
It's not Ethereum.
This is hard for you to accept but it's the truth. Ethereum has way too much of an active development community and way too much momentum with its first mover advantage.
William Thomas
> Open two or three browser windows to the same site.
i did and it still 5 tps
explain this pic rajeet
Charles Torres
I don't know fag. Maybe because you're a fag?
THIS IS NOW A FANTOM THREAD
Jacob Baker
LINK will succeed because it can live without Ethereum. That is literally all that made LINK special.
ETH is a bigger shitcoin than Bitcoin. You cannot prove me wrong.
Ryan Lewis
Holy shit I did this and the tps was insane
Gabriel Sanchez
High value, low volume. This is the wei.
Ethan Reyes
tfw you already have a lost cost defi solution that's scalable
Brayden James
eth will be $500 soon so gas will double in fiat price too lol
Nathan Lee
Crypto is about breaking away from the central banks and government control of the financial system, it was never supposed to be about get rich quick schemes, but I guess this is where we are...
No one is talking about margin trading on exchanges you fucking faggot, I can also make way more than 15 bucks in a few seconds if I want to. I'm talking about real life usage of crypto and not having to rely on fiat for everyday usage. High fees like this pretty much kill its usability.
We are nowhere near mainstream adoption and things are already this bad...
Tyler Davis
Your posts smell like the street you live in.
That data is from a testnet 7 months ago, with micro instances, you fucking tech illiterate street shitter
Isaiah Nelson
You kids are hilarious.
Harmony is already on the move.
Jayden Adams
Misspelled polkadot
Jace Martin
the number of pajeets is too dam high
Wyatt Carter
Hmmm Ethereum defi too slow? What system could possibly solve this problem right now?
Owen Reyes
checked
but I'm not big on Fantom. I think you'll obviously make money, but if we're doing a ETH flip thread, Harmony is the clear winner.
Adam Roberts
People, devs and attention will go where the money is, and Fantom DeFi suite is going to attract a fuckton of it
Samuel Foster
>can't live without
Link is an ERC token
>ETH is a bigger shitcoin than Bitcoin. You cannot prove me wrong.
Try to use arguments. ETH has active devs and is technically the better coin. ETH2.0 will introduce staking (which I'm not terribly excited about but hey it's something). BTC will always be nothing more than a store of value. However Bitcoin was the first, it started this whole thing and therefore IMO can't be flipped without some sort of paradigm shift that no one sees at this point.
Carson Cook
Just like FTM and Harmony did lmao
Evan Anderson
retard, what if I'm trying to purchase something that isn't a car or a house?