3 ms·
There’s ENS, which seems on sturdier footing than Handshake to me, but the gas on ethereum is ridiculous
by anchpop 5y ago
There’s ENS, which seems on sturdier footing than Handshake to me, but the gas on ethereum is ridiculous
- chrisco255 5y agoENS is adding layer 2 support soon. While gas sucks on layer 1, since it's only ~$5 a year for the domain, you can register something for like 10-20 years for not much more than the cost to register for one year (gas considered).
- publiush 5y agoIsn't Ethereum moving to Proof of Stake though?
- rglullis 5y agoYes, but PoS will not solve the problem of gas fees. Gas fees only come down when network capacity is higher than its demand. Layer-2 systems (which allow some of the operations to happen off-chain) is how Ethereum developers are trying to scale the network capacity.
- publiush 5y agoMy worry with Ethereum is that moving to proof of stake changes the project from a decentralized one to something a little less so.
- rglullis 5y agoWould you like to check how many people are running ETH2.0 validators [0] vs how many people are running Handshake nodes? [0]: https://launchpad.ethereum.org/en/ https://launchpad.ethereum.org/en/
- everfree 5y agoAre you not concerned about the decentralization of Handshake's PoW consensus, considering that it uses a custom hashing algo that seems to be dominated in hardware production by a single company, Goldshell? I believe you may be missing the forest for the trees by worrying about Ethereum's decentralization when compared to Handshake's.