Great post! Thanks. One of the questions I have been trying to get answered however is how does pvt chains on Ethereum contribute to Ether's valuation. For Eg. A lot of big global banks are creating their own pvt block chains based on Ethereum on which they build their apps. I have read that such pvt chains does not need to necessarily use "ether" as gas or may not gas at all! IMO one of the best votes of confidence for Ethereum is big consortiums such as R3 backing it. However If R3 members (i work for a member bank) themselves are creating pvt blockchains that may not need gas, how would it affect Ether's valuation?
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