Build airlines not airports ✈️

As noted by u/rhythm_of_eth on r/ethereum:

Article on how Ethereum is capturing alt-L1s masterfully while working towards offering options for sustainable and reliable L2 businesses and making this acreative to L1 network effects and deflation mechanisms in the long run.

Specially relevant: the stats about L2 profit margins, and how widely they vary when blob limits are low, then tend towards less volatile when there’s a wider range for price discovery.

Remember, we said that Ethereum is to rollups what cloud service providers are to software businesses. What happened after the cost of using cloud services dropped? The demand grew, and so did the revenues of cloud providers. AWS is the cleanest example here. It continued to cut prices for customers and still grew like a utility.

    • KOBVLT@lemmy.ml
      1·
      3 months ago

      Yeah, cash tokens are kinda interesting. BCH is how to Bitcoin should have been.

            • KhantoBlackhand@lemmy.today
              0·
              4 days ago

              I am curious on how the miners will be paid once the subsidies are complete since the transaction fees are so low. I’m learning more about BCH and I want to see if it’s worth me providing hashrate for the network.

              • CashDragon@realbitcoin.cash
                1·
                4 days ago

                The goal is still the original Bitcoin plan. Build the best usable blockchain and collect fees from transactions to sustain miners after the block rewards dwindle. We have been delayed pretty badly by the BTC hijacking but there is still time.

                This is a great resource to answer many of your questions about BCH.

                https://bitcoincashpodcast.com/faqs

                • KhantoBlackhand@lemmy.today
                  0·
                  3 days ago

                  There wasn’t a Hijacking though, there was a split and both became two different currencies. But it seems like it has the same issues as Bitcoin as well.

                  • CashDragon@realbitcoin.cash
                    2·
                    3 days ago

                    There was a hijacking. Bitcoin was created to be peer to peer e-cash and it was on its way to becoming that. Then the hijackers came in and started pushing the digital gold scam. Now BTC is not a currency it is useless aside from some speculative investment with slow and unreliable transactions.

                    BCH forked away to preserve Bitcoin, not to create a different currency. BCH is actually the real Bitcoin.

                    Hijacking Bitcoin: by Roger Ver

                    https://odysee.com/@Pantera:f/HijackingBitcoin:7

    • KhantoBlackhand@lemmy.today
      0·
      4 days ago

      Have you checked out Kaspa? It’s a pretty good option too once the L2 for Smart contracts is more mature. Its also POW and it had a fair launch like BCH, and BTC.

      • CashDragon@realbitcoin.cash
        11·
        4 days ago

        I have been hearing people mention it but I have not tried it out yet because I kind of get the vibe it is a VC funded hype pump and dump scam, like SOL. They will likely abandon it in 2 years and move on to something new.

        Honestly BCH pretty much can do everything for me and has been around a long time, once Kaspa is around for 5-10 years then I will likely try it out.

        • KhantoBlackhand@lemmy.today
          0·
          3 days ago

          Kaspa isn’t VC funded though, it had a fair launch and there were no coins preallocated to anyone. It is proof of work and requires to be mined.