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These transaction fees are determined dynamically by the Ethereum network depending on network usage, and given to Ethereum miners, not the particular dApp with
by leppr 5y ago
These transaction fees are determined dynamically by the Ethereum network depending on network usage, and given to Ethereum miners, not the particular dApp with which one interacts or their developers.
Anyone using ETH would presumably have been aware about the enormous fees involved.
- ShamelessC 5y agoThat doesn't make it any less absurd/off-putting.
- gjs278 5y ago
- deleted 5y ago[deleted]
- smorgusofborg 5y agoI think this potential conflict of interest for miners to push DAOs and then maybe for raised beurocracy in a DAO for more gas money and questions of whether a seller in some of these auctions realizes they should become a large holder in DAOs that might bid 100X the valuation of their asset are the kinds of conflicting interests that make this kind of system less practical than a legacy system where the structure for regulators to subpoena whatever they need is part of the licensing, etc.
- leppr 5y agoA racket implies intentional malicious activity, which is the accusation I'm clearing up here.
- ShamelessC 5y agoAh indeed there's not direct evidence of foul play. Poor choice of words on my part.