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The cynic in me wonders how much easier it is to run a wash trading scheme to pump up something now that the Layer 2 network is taking more than just smart cont
by I_Am_Nous 3y ago
The cynic in me wonders how much easier it is to run a wash trading scheme to pump up something now that the Layer 2 network is taking more than just smart contracts. The L2 network provides a ledger which can change much more quickly than traditional wallet to wallet transfers, faster even than exchange wallet to exchange wallet.
That said, I believe of the remaining viable cryptocurrencies the Ethereum blockchain is the most impressive to me. It attempts to provide real solutions to the many problems crypto has, and switching to proof of stake reduces power usage in general for the network, as does the L2 network. So if crypto is bad, Eth is possibly least bad lol