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RE: Ethereum EIP1559 Approved - The End of the Binance Gold Rush?

in LeoFinance4 years ago

It is high time for ETH to address the GAS fee issue. In a Dynamic Market like crypto and given that the masses haven’t arrived yet, first move advantage is not a given. Decentralization as a concept still has to show its ability to work under economic pressure.
Thank you for this very well written article !BEER

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In a Dynamic Market like crypto and given that the masses haven’t arrived yet, first move advantage is not a given.

Absolutely agree. It is no where near as much an advantage as it would be for a traditional business/enterprise. I also agree that ETH is well overdue to address the gas issue. It seems to me that ETH has dodged a bullet somewhat because of the nature of blockchain and that many people in the space value decentralization above all else. Even though Bitcoin has been around 10 years, I think blockchain as a technology and utility is very much still in its beginning phases.

P.s. cheers for the beer ;-)
That has reminded me that it's Saturday evening and I need to walk to my local shop to buy a 6 pack :)
Feet up time.

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Sounds like a plan for Saturday Night 😉

We will see if decentralization can withstand massadoption