what went wrong?
What went wrong?
Hunter Allen
Other urls found in this thread:
blockexplorer.mainnet.v1.omg.network
explorer.matic.network
blockscout.com
defipulse.com
defipulse.com
twitter.com
Chase Hill
I dunno people are too lazy to use side chains
Lincoln Davis
>New projects on boarding every week
>Still holding a 4x from late july (many cryptos are down 90% from the level they were at at this time)
>Projects are frequently the most talked about in the space (Circles UBI for example)
>Still seen as the best scaling solution by many in the ETH community
The only thing that went wrong was that some weak hands sold, thinking the only use case for this thing was reddit. Ridiculously undervalued when you consider this is used more than OMG or Matic.
Aaron Green
What's this? Have they been announced as the winners?
I've been away for a while.
Jackson Morris
My only hangup is that transactions on network don’t require STAKE the way transactions on ethereum require ETH, done for sake of ease of use I guess but terrible for tokenomics
Nah that’s another project’s announcement of their choice of xdai
Juan Russell
No, they weren't announced as winners. But that was one of the projects that moved from ETH mainnet to xDai stating why the moved.
My guess is the reddit engineers are retarded and legitimately don't seem to understand how ethereum works. They made a big stink about how you shouldn't transfer your tokens off Rinkeby in the testing phase. They don't seem to understand what it's like to have true decentralization. People are going to move their tokens where they want to, and currently xDai is the only network that you can really trade them on.
MATIC CEO and OMG's community are both seething about xDai. It's kind of hilarious. There is no adoption for either at the community level.
blockexplorer.mainnet.v1.omg.network
>0 tx in last 24 hours
LMAO
explorer.matic.network
>had exact same block explorer as xdai
>Literally REMOVES the tx per day stat as it was so fucking embarrassing
blockscout.com
>50k tx per day, all made by actual users on real projects
It is funny because xDai is at 1/20th the value as OMG. No one is gong to use OMG.
Lucas Campbell
>My only hangup is that transactions on network don’t require STAKE the way transactions on ethereum require ETH, done for sake of ease of use I guess but terrible for tokenomics
The tokenomics aren't the best, but if you look at the climbing TVL, Tx per day, and overall long term trend, it is going up. I think though the ease of use is what makes it more popular. People already have to worry enough about ETH's price, why give them a headache and make them worry about their layer 2's token price? Once full POSDAO comes in, the tokenomics will be a bit better and it should moon.
Bentley Nelson
Lol wtf? Omg has zero tx today? How is it still so high in market cap?
Easton Morales
It's the same type of rugpull as BZRX.
Easton Peterson
mmm getting closer to that 10$ swing mark, keep dumping anons