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I don't understand why or how they think resources were wasted. I mean, it might be true, since I don't know how Ethereum works. But I don't see where it says
by vba616 5y ago
I don't understand why or how they think resources were wasted.
I mean, it might be true, since I don't know how Ethereum works.
But I don't see where it says or implies or explains that the fees represented real resources lost - rather than money transferred.
- robbiep 5y agoSome of the transaction fee is literally burned/ceases to exist. Some fraction of it is also printed but some goes away completely. As I understand it.
- ldiracdelta 5y agoSounds like currency deflation. There are winners in deflation too.
- Tao332 5y agoThe mistake is in pretending that 64K Eth has a USD value that means anything. It doesn't.
- eimrine 5y agoSo give me at least 1 eth, please.