ETHEREUM - WORLD COMPUTER!

[Anonymous No.50522736]

[Anonymous No.50523209]

post amounts of transactions

[Anonymous No.50523223]

>>50523209
eth does about 1.25m per day, which is its maximum as it was the same when they minted some nft collection that made gas go up to 700 gwei

source is bitinfocharts

[Anonymous No.50523247]

lel median transaction value 1.8c
average

[Anonymous No.50523259]

now post haircomb transactions

[Anonymous No.50523270]

>>50523247
did u know you usually pay about 5-20cents tx fee + 1-3% to traditional payment processors?

Now see that they send 1.8c median across BSV. Now realise that this means they also send even SMALLER amounts than 1.8c. Do you understand how low the fees must be for this to be worth it?

This is why Bitcoin is valuable Anon

[Anonymous No.50523316]

>>50523270
you are saying the tx amount is big
im saying the transactions are being spoofed because who the fuck needs to send 1.8c

[Anonymous No.50523333]

>>50523316
Well there are use-cases for teeny tiny payments. We just couldn't do it so far, because as I said previously the tx fees of trad finance are too high. Imagine instead of subscribing to WSJ you pay per article when you visit the website. So instead of paying an idk $5 subscription, you pay 1c and so do millions of others, so WSJ makes more money than before and you pay less than sub and you get to choose what article you want to read and which you dont

[Anonymous No.50523561]

>>50523259
Spammer

[Anonymous No.50523576]

>>50523209
Post hands.

[Anonymous No.50524145]

>>50522736
Whu does xrp have so many txs according to this chart?

[Anonymous No.50524182]

>>50523259
theyre so EXPENSIVE!!!

[Anonymous No.50524292]

>>50523247
>>50523333
Those are theoretical use cases as nobody is doing those rn. Also, they are paying far more in fees than 1.8c
Probably more than a dollar

[Anonymous No.50524326]

no permissionless chain is ever going to be relevant in the big picture. Enjoy the Hobssian paradise as long as it lasts

[Anonymous No.50524410]

I don't believe that

[Anonymous No.50524447]

>>50524292
i just paid 0.00000912 bsv for a 0.01bsv tx. if price of 1 bsv is 60$ thats 60*0.00000912 = $0.0005472 so uhm like in cents ~0.055

[Anonymous No.50524482]

>>50524145
Banks using it on private networks for remittances. Once they are switched over to the public network the price will go parabolic

[Anonymous No.50524495]

>>50523333
Checked, but also the idea of some payment system becoming the global standard because it's good at the specific use case of spamming 1c transactions to spoof a relevant amount of blockchain activity is lol

[Anonymous No.50524506]

only 1 of the big three has real transactions

[Anonymous No.50524635]

>>50524410
It's believable. The catch is that ETH has legitimate valuable transactions while other chains like Bitcoin SV that do "more" are mostly worthless spam transactions.

[Anonymous No.50524690]

>>50524495
>transactions to spoof
>>50524635
>spam transactions.

Such things do not exist. The transactions are paid for and executed. Simple as. There is no authority to decide if something is spam or not. I just sent myself 0.01 back and forth 3 times to test something, is that spam?

Regardless, even if you "spammed" ETH and BTC they would not be able to cope with the workload. That is the insight to be had here.

[Anonymous No.50524789]

>>50524292
>https://whatsonchain.com/tx/ea7e496e2a92a3b9e9700b5eca862272d8c5be2e9031109a57531b556564d663
>theoretical
lel it's a game transaction
fee paid 500 bsv sats! and it was mined

[Anonymous No.50524850]

>>50524447
based.

[Anonymous No.50524868]

>>50524690
>Such things do not exist. The transactions are paid for and executed.
Then why are you not comparing the revenue?

[Anonymous No.50524870]

>he doesn’t own the only real world computer; internet computer

[Anonymous No.50524965]

>>50524868
>Then why are you not comparing the revenue?
Miner revenue depends on more than just the price of the coin at a current time. For example it switches back and forth between BSV and BTC what's more profitable to mine, even though there's a 20k$ price difference in coins.

The price is also ultimately not important to the performance of the chain. Especially if you wanna talk BTC's favourite topic of Hyper Bitcoinization and World reserve currency, as the currency will be BTC/BSV, so it would not matter what it converts to in FIAT

[Anonymous No.50525271]

>>50523247
still have more transactions, and transaction fees are lower to facilitate literal pennies transactions.

It doesn't matter what the transactions are, they're the same whether 1.8c or 100,000,000usd.

>>50524292
they're not theoretical. It's actual transactions.
>>50524789
its the same as far as the network is concerned. a transaction is a transaction. BSV scales.

[Anonymous No.50525279]

>>50524292
Look at this stupid. You can pay as little as 1 cent to play this game on haste and that 1 cent is split among the top 10 people on the leaderboard. Imagine trying to split 1 cent across 10 wallets on any other chain. This is the power of scaling on Bitcoin. If you have a functioning brain, maybe you can start to imagine other use cases of micro/nano payments. If you have an above average intelligence, maybe you can even build a business around this idea and make a shit ton of money.

[Anonymous No.50525308]

>>50524690
>>50525271
Showing that your shitty useless technology scales does not mean anyone wants to use it, when the amount of eth/xrp txs gets to a level where more scaling is needed the teams will update the technology

No one gives a shit if your shitty worthless blockchain can handle 1000x the number of transactions that are actually demanded

[Anonymous No.50525362]

>>50525308
enjoy your gas fees

[Anonymous No.50525436]

>>50525308
we're casually mining gigabyte sized blocks over on BSV, get on our level scrub
https://www.whatsonchain.com/block-height/749516
>Average fee: 0.00000995 (0.000597 USD)

[Anonymous No.50526242]

a wifi pineapple

[Anonymous No.50526477]

>>50522736
But this shit only pump once. Dont deny the tech, i need to live too