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How does SHIB make this list beating so many L1s (BCH,XLM, etc) as a transactional currency? Transfer cost 3 times as much ($35) as ETH ($11), and it’s by far t
by jl2718 5y ago
How does SHIB make this list beating so many L1s (BCH,XLM, etc) as a transactional currency? Transfer cost 3 times as much ($35) as ETH ($11), and it’s by far the highest volatility, with the least privacy. I get the idea of SHIB as a fun purchase for tiny amounts, but who is buying what in the real world with it?
- randomhodler84 5y agoIt’s just bouncing between db fields on exchanges. Nobody seriously pays for anything in ETH or ERC20 tokens. The exchanges have all been insolvent for ages due to eth fees. Take a look, mostly it’s exchanges burning 3x gas of the value of the tokens. Lol.
- jl2718 5y agoInteresting. Here are some good ones: https://etherscan.io/tx/0x523ad7582fae50b7bea520156cf45bfdba885df0aa51d5060cc3378c2ae03321 https://etherscan.io/tx/0x523ad7582fae50b7bea520156cf45bfdba... https://etherscan.io/tx/0x4d810422c69b52080c014a80beb698be1055244cac9978b8b6120bccfbfc5da1 https://etherscan.io/tx/0x4d810422c69b52080c014a80beb698be10... https://etherscan.io/tx/0x075fc21c1c45a0be7b6ec9591d738148a31d199f3ee3eefbfdb3e51bdc1195a2 https://etherscan.io/tx/0x075fc21c1c45a0be7b6ec9591d738148a3... https://etherscan.io/tx/0xfdcc5f84e483a0729f5f8ee99a9f963f5c6ebf83c8ead07915435bf4ec87caa0 https://etherscan.io/tx/0xfdcc5f84e483a0729f5f8ee99a9f963f5c...
- systemsignal 5y agoWhat do you mean, I doubt exchanges like Binance and FTX are insolvent