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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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File: 34 KB, 706x295, gasfees.png [View same] [iqdb] [saucenao] [google]
52802176 No.52802176 [Reply] [Original]

WHAT IS GOING ON

>> No.52802190

>>52802176
Usage.

>> No.52802271

Literally nothing. It's dead chain and relies on manipulation to be deflationary, but still no one cares

>> No.52802288
File: 69 KB, 1106x1012, 1258483175580.jpg [View same] [iqdb] [saucenao] [google]
52802288

>>52802271
>gas fees spike because of usage
>dead chain

>> No.52802303
File: 68 KB, 601x692, ether sisters.png [View same] [iqdb] [saucenao] [google]
52802303

>>52802176
ask the owners

>> No.52802307
File: 56 KB, 709x524, ahhhhhhhhhhhhhhhhhhhh.png [View same] [iqdb] [saucenao] [google]
52802307

>>52802176
slighly concerning, was expecting to see some dumb nft mint

what the fucks going on with tether righ now

>> No.52802329

>>52802303
what exactly is lido?

>> No.52802332

>>52802288
manipulation with memecoins =/= actual usage, retard

>> No.52802336

>>52802307
Insiders selling the insolvency.

>> No.52802343

>>52802176
>>52802307
apparently according to my information its binance moving stuff around, they also were moving eth all day from a bunch of wallets to a single wallet paid like 400k in tx fees

>> No.52802358

>>52802343
Sounds to me like you left your heart in San Francisco.

>> No.52802394

ETH PoS = Shit

>> No.52802418

>>52802176
Avax solves this

>> No.52802436

>>52802329
some ponzi-like staking plataform

>> No.52802489

>>52802329
They offer securitized investment offerings that weren't registered with the SEC and therefore sold illegally and fraudulently. If you bought ETH or anything at all on the Ethereum network this is also true, unfortunately.

>> No.52802513

>>52802358
idk what thats supposed to mean, im just looking at etherscan, binnance 14 tagged wallet is the one making a lo of txs right now

>> No.52802539

>>52802329
Before ETH 2.0 came out (and still is the case), when you lock up your ETH, there you couldn't unstake and had to fully commit to the stake. Lido is a platform that would stake your ETH for you but also produced a derivative token, stETH for you to redeem each ETH you staked with. Stake 1 ETH, receive 1 stETH. After Eth 2.0's launch and the ETH becomes available to be unstaked, you can redeem 1 stETH for ETH.

This essentially allowed you to have your cake and eat it too. Contribute to ETH2.0 while still having the freedom of shitcoin gambling as well.

>> No.52802598
File: 35 KB, 618x597, 1267312527518.jpg [View same] [iqdb] [saucenao] [google]
52802598

>tether bank run thread happening live on eth chain
>muh PoS is shit
>muh avax solves this
>muh lido is ponzi
/biz/ is hopeless

>> No.52802611

>>52802176
The tranny fatty fappy rabbi crappy jabby groomy farty glowy banny niggy faggy trappy lefty shitty janny on biz must go

>> No.52802684
File: 60 KB, 738x479, tether.png [View same] [iqdb] [saucenao] [google]
52802684

It's definitely related to the Coinbase USDT-USDC announcement. Binance knows something. Tether drama incoming.

>> No.52802713

>>52802598
Nigger, i am totally clueless, jk.

>> No.52802789

>>52802513
>>52802307

retard lol, users are exiting USDT in masse because Coinbase just claimed they are insolvent and people should move to USDC ASAP

>> No.52803642

>>52802418
avax fees are high compared to something like fantom or arbitrum or even polygon. It's not going anywhere until that changes.

>> No.52804148

>>52803642
i can understand that you are unable to spend 0.3$ per tx on a busy day

and now count the number of validators on fantom or polygon - i predict you don't get over 25

>> No.52804287

>>52802513
he meant that you're gay, anon

>> No.52804399

>>52802332
Why do dumb faggots post on this board?
>>52802176
It's because of the coinbase/tether debacle

>> No.52804632

>>52804399
retarded eth bagholder

>> No.52804662

>>52804632
que?

>> No.52804670

>>52802684
Woah, if only they could somehow communicate with Tether before making a decision!?!?

>> No.52804719

>>52802329
Libido w/o bi

>> No.52805241

>>52802329
lido deez nuts

>> No.52805645

>>52802684
>tether truther in 2022 almost 2023
lmfao

>> No.52806633

>>52802176
merge was NEVER meant to address the #1 problem on ETH (gas fees) you know that right?
capacity/throughput remains unchanged
you guys alienated your biggest and most passionate userbase, miners, and for what?
to allow all of the nodes to be on centralized services. incredible.
>enjoy waiting for withdraws btw