/biz/ - Business & Finance

>>57954495
What does it do?

Get in and wait 2 days

>>57954658
eh you know...nothing too amazing i guess

>>57954658
Fix gas?

Hey fags, just buy $blobs on ETH (blobs it's the dencun update) and make a quick 3x in two days once the update is live on ETH
Currently sitting at $2.5mil mc

don't say i didn't warn you after Vitalik tweets about it

>>57954755
liar
You just pulled that out of your ass in the last few weeks

>>57954702
>>57954714
so will it be 8 gwei also on mainnet?
what about the stakers, won't they be threatening the devs?

>gnosis
>xdai
Redpill me on it. I'm new to ETH.

>>57954853
dencun means lower transaction fees
in practice, shrimpvesting (low income buying) and swinging will be a lot easier

eth blockchain tokens have historically been the least volatile (note still super fucking volatile it is altcoins), but that's about to change

The merge marked the top of ETHBTC and has declined since

I wonder if this news will mark the local top before the next leg down

>>57954846
doesnt change mainnet. only l2

>>57954829
stay poor fagget

https:// cointelegraph. com/news/ethereum-dencun-upgrade-blobs-mainnet-on-march-13

>>57954853
>>57954879
oh and gnosis is sort of a test network for later eth changes. Gnosis has a few different parameters compared to eth, such as staking requirements and block times. In practice it's really just a cheaper eth test network.

Note that eth has its own "official" test networks, but gnosis is not one of them. It's just a sidechain, meaning it's completely compatible with eth; contracts that run on mainline eth can run on gnosis.

xdai is a stablecoin (I think) for gnosis

>>57954949
gnosis is a sidechain, not an l2. It's basically just an unofficial test version of eth

>>57954949
what?

>>57955063
l2 fees cannot go lower

The Ethereum Dencun upgrade is expected to significantly reduce gas fees, particularly benefiting Layer 2 (L2) platforms. The upgrade aims to lower transaction costs on L2s by an order of magnitude or two, making a wider variety of use cases economically viable
1
. After the Dencun upgrade, Ethereum's projected gas cost might remain unchanged at $18.75, providing stability for users and developers on the Ethereum network, while other L2 platforms are expected to experience substantial decreases in gas costs
2
. For example, Arbitrum's gas costs could drop from $2.02 to $0.40, Optimism's from $1.42 to $0.28, and Base's from $0.58 to $0.01
2
5
. This upgrade holds the potential to reshape the landscape of gas costs across various Layer 2 platforms, offering improved cost efficiency and scalability for users and developers alike
5
.

>>57955101
dencun introduces a new transaction type, the blob. l2s can now rollup their transactions as blobs, which are significantly less expensive than the current rollup. so l2 fees will be way less expensive

>>57954495
Lower fees on L1 main net when?

>>57954658
>What does it do?

makes you spend money on a pre-mined worthless vc-funded shitcoin?

>>57954879
So I can buy ERC-20 on gnosis with lower fees and still own the token?

>>57955465
probably never, since degens will keep using uniswap on L1 to trade garbage

>>57954658
makes eth killers not needed anymore

>>57955623
Only bridged tokens.

>>57955199
so the main chain is still a fucked piece of shit, wow amazing, now my l2 transactions will be 2 cents instead of 20.

>>57957938

This. WTF. I rather used ghostchain cardano.

This is great for Base, might kick off Base season.

>>57958222
based on what

>>57958475
get in now before it's too late

>>57958565
based