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I wish the author would define revenue more clearly. He himself would admit that web3 “revenues” don’t go to “Ehtereum” so much as they go to a broad set of mi
by RC_ITR 5y ago
I wish the author would define revenue more clearly.
He himself would admit that web3 “revenues” don’t go to “Ehtereum” so much as they go to a broad set of miners.
The idea that Ethereum gas and market cap are related is one I’d like him to explore further as well. Shouldn’t that imply that in order to be successful, web3 will have to be considerably more expensive to the user then web2 (even if users have the potential to earn some of that back).