ETH price rise makes the Ethereum-network more costly (and less attractive to uses and developers [cryptokitties]). ETH-Layer2 networks may be parasitic to the ETH price (this is an open discussion). Solana has more attactive tx/s, but is less decentralized (decentralization is less useful if gov isn't attacking crypto).
yeah I think so too. Ethereum gas prices are ridiculous at times. Depending on the network traffic you can pay from 2$ to 20$ for the same transaction.
I believe that it’s because people are not investing in bitcoin because it’s a viable cryptocurrency (unlike Ethereum and some others) but that’s it’s a scarce commodity (like gold) that adds diversification to an investment portfolio.
ETH price rise makes the Ethereum-network more costly (and less attractive to uses and developers [cryptokitties]). ETH-Layer2 networks may be parasitic to the ETH price (this is an open discussion). Solana has more attactive tx/s, but is less decentralized (decentralization is less useful if gov isn't attacking crypto).
yeah I think so too. Ethereum gas prices are ridiculous at times. Depending on the network traffic you can pay from 2$ to 20$ for the same transaction.
I believe that it’s because people are not investing in bitcoin because it’s a viable cryptocurrency (unlike Ethereum and some others) but that’s it’s a scarce commodity (like gold) that adds diversification to an investment portfolio.