L1s by legit transactions volume (Non spam)

[Anonymous No.28850354]

>Ethereum:1.2M. 6 years old.
>Cardano:10K. 3 years old.
>Avalanche:45K. 5 months old.
>Polkadot:5.5K. 1 year old.
>Cosmos:14.4K. 2 years old.
>Celo:3.3K. 8 months old.
>Elrond:1.8K. 4 months old.
>Fantom:5.1K. 2 years old.

[Anonymous No.28850384]

*Daily transaction volume*

[Anonymous No.28851182]

Bump this is interesting thread

[Anonymous No.28851427]

>>28850354
Avalanche bretty based to be honest. As soon as gasfees are fixed all these pet projects will go to zero though.

[Anonymous No.28851439]

>>28850354
how do you define "transaction"? because interacting with one shitty ethereum contract can trigger 200 "transactions". is this use or inefficiency?

[Anonymous No.28851714]

>>28851439
it is use for sure, given that fees are paid
the price people are willing to pay to interact with an ecosystem is the surest sign we have of economic value tied to that protocol
admittedly some of it must be shaved due to miners mining their own tx, but it is likely negligible

[Anonymous No.28851773]

>>28850354
There is not such thing as spam transactions. In the future, 99% of transactions will be made between IoT devices. If a network is capable of handling tons of these "spam" transactions, than it's a good network.

[Anonymous No.28851833]

>>28850354
imagine buying cardano after seeing the little work they have done all bear market

[Anonymous No.28851846]

the real blackpill is fees. fees are necessary for any non-centralized blockchain to disincentivize spam. a cpu cycle, bit of memory costs as much as any other chain, when nobody is willing to pay, it's incredibly obvious.

[Anonymous No.28851894]

>>28851427
By the time that happens (estimated 3 years minimum by ETH devs) the space will have outgrown ETH.

[Anonymous No.28851907]

>>28850354
OP is fucking retarded and just confirmed it, Cardano is only behind Bitcoin

https://messari.io/screener/most-active-chains-DB01F96B

[Anonymous No.28852030]

>>28851907
>(Non spam)

[Anonymous No.28852096]

>>28851907
Holy shit you're retarded

[Anonymous No.28852123]

>>28850354
It's even worse if you imagine the transaction volume on ETH if the fees were almost zero and it could scale.

[Anonymous No.28852360]

>>28852123
Except they aren’t and it can’t for the near future.

[Anonymous No.28852377]

>>28851427
lol, fees are basically fixed now.

Use Loopring ZK rollup for trades, very soon will have essentially all token pairs.

Also many NFT projects are already scaled with various other L2 solutions.

in the near-term there is optimism and a host of other advanced ZK rollups.

Rollups push ETH to 10k tps. That's already better than all the alternative L1s. ETH 2.0 phase 2 in two years will give ETH hundreds of thousands of transactions per second. Utterly eclipsing the competition. This was always the plan. People are getting way ahead of themselves hyping alternative L1s. All it takes is L2 adoption and ETH has scaled.

Loopring is already processing more transactions than all the other alternate L1s. Zero gas fee, on ETH with ETH level security guarantee.

[Anonymous No.28852499]

>>28851907
LMFAO nigger that's the dollar volume of Cardano *token* being transacted during peak ADA hype...

ETH processes > 1 million individual transactions (not dollar volume) daily. Cardano processes nothing but ADA token swaps.

[Anonymous No.28852857]

>>28852499
>>28852377
dw. in due time eth will be processing 0

[Anonymous No.28852943]

>>28851773
L2s fits the hypothetical IoT future better. you will need scalability way beyond 150 TPS or 4000 TPS or whatever these L1 eth killers claim

[Anonymous No.28853749]

>>28851907
>smart contract platform
>still no smart contracts

[Anonymous No.28853777]

>>28850354
What is a legit L1 transaction?

[Anonymous No.28853786]

>>28850354
How about Solana retard?

[Anonymous No.28854718]

>>28851907
Kek