/biz/ - Business & Finance

daily rember, eth2 is just removing the innovation which is PoW and replacing it, for no reason at all, with the archaic system that is PoS, you know, what current finance is running on. A system where if you have a share of the network, you keep it forever and no innovation in processing can unseat you.
This has no effects on fees.
They want to address that problem via L2s, issue is that L2s on ETH doesn't really scale because each L2 needs to settle to the base layer, i.e. need to bid for blockspace on a congested main chain.
The solution to this danksharding, it's not really sharding at all, more like sampling, this works by, essentially, increasing block size for L2 transactions. But this would increase storage requirements.
The solution, just delete the blocks after a few months. Basically removing the immutability of a Blockchain.

>>49536715
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