Reply
  • Mar 1, 2021

    coinbase pro down?

  • Mar 1, 2021
    ·
    1 reply
    neon

  • neon 🍄
    Mar 1, 2021
    ·
    1 reply
    ragedsycokiller

    I have no idea what this means lol

    Layer 1 is the base blockchain like ETH BTC

    Layer 2 are like side chains (a real Layer 2 is lil more complex than a side chain but for simplicity sake) secured on ethereum, a zkRollup is a type of Layer 2 that queues transactions together

    meaning you spilt the Gas with 100s of other people so instead of paying $30 of ETH you pay 15 cents

    soon all Defi apps will move to Layer 2 and exchanges will start adding Layer 2 withdrawals

    some Exchanges even pay part of the fee and new users think the Exchanges are taking the fee so it creates a bad user experience so the centralized exchanges have incentive to get this done as soon as possible

  • Mar 1, 2021
    ragedsycokiller

    I have no idea what this means lol

    All those companies / projects are investing in that L2 solution for ethereum

  • neon 🍄
    Mar 1, 2021
    ·
    1 reply
    00000 inimicu

    I'm 25

  • Mar 1, 2021

    damn wish i bought more yesterday

  • Mar 1, 2021
    ·
    1 reply
    neon

    Layer 1 is the base blockchain like ETH BTC

    Layer 2 are like side chains (a real Layer 2 is lil more complex than a side chain but for simplicity sake) secured on ethereum, a zkRollup is a type of Layer 2 that queues transactions together

    meaning you spilt the Gas with 100s of other people so instead of paying $30 of ETH you pay 15 cents

    soon all Defi apps will move to Layer 2 and exchanges will start adding Layer 2 withdrawals

    some Exchanges even pay part of the fee and new users think the Exchanges are taking the fee so it creates a bad user experience so the centralized exchanges have incentive to get this done as soon as possible

    oh okay. So swapping coins or developing on eth will be cheaper once everyone puts in a hand. Kind of a tax system for crypto to pay for the community?

  • Mar 1, 2021
    ·
    1 reply
    neon

    I'm 25

    u got the sauce bro. but idk mayb ill ketchup
    wens ur bday

  • neon 🍄
    Mar 1, 2021
    ·
    1 reply
    ragedsycokiller

    oh okay. So swapping coins or developing on eth will be cheaper once everyone puts in a hand. Kind of a tax system for crypto to pay for the community?

    the way I think of it is as an efficiency booster

    the current issue with ETHs Layer 1 is that it has way too much traffic. every time you do anything you're fighting with tons of people trying to Farm, Swap, Stake, Govern etc

    breaking the transactions up onto a couple different layers will off load some of the traffic it's more like expanding a freeway so it has more lanes meaning the prices on Layer 1 will now drop also cause people are using the network efficiently and everyone won't be stuck in traffic and overpaying gas

  • neon 🍄
    Mar 1, 2021
    ·
    1 reply
    00000 inimicu

    u got the sauce bro. but idk mayb ill ketchup
    wens ur bday

    end of the month

  • Mar 1, 2021
    ·
    1 reply
    neon

    end of the month

    late 20's approaching

  • neon 🍄
    Mar 1, 2021
    00000 inimicu

    late 20's approaching

    yup im basically elderly now

  • 0 🫪
    Mar 1, 2021
    ·
    1 reply
  • neon 🍄
    Mar 1, 2021
    ·
    2 replies
    0

    https://www.coingecko.com/en/coins/unisocks

    why did I invest in BTC

    Socks>Stonks

  • 0 🫪
    Mar 1, 2021
    ·
    1 reply
    neon

    why did I invest in BTC

    Socks>Stonks

    buy bancor tees

  • neon 🍄
    Mar 1, 2021
    0

    buy bancor tees

    are they limited

  • Mar 1, 2021
    neon

    why did I invest in BTC

    Socks>Stonks

    I've been asking myself this since $15k yet here I am, with cold naked feet

  • Mar 1, 2021

    damn gme gettin me dat 25%

  • Mar 1, 2021
    ·
    1 reply
    neon

    the way I think of it is as an efficiency booster

    the current issue with ETHs Layer 1 is that it has way too much traffic. every time you do anything you're fighting with tons of people trying to Farm, Swap, Stake, Govern etc

    breaking the transactions up onto a couple different layers will off load some of the traffic it's more like expanding a freeway so it has more lanes meaning the prices on Layer 1 will now drop also cause people are using the network efficiently and everyone won't be stuck in traffic and overpaying gas

    So with the layers you can choose which one you're on depending on the transaction or process you're working with?

  • Big green hulk cock candle on GME

  • Mar 1, 2021
    ·
    1 reply

    It's always the last 45 minutes for these meme stonks lmfao

  • Mar 1, 2021
    ·
    2 replies
    TheLifeofLogn

    It's always the last 45 minutes for these meme stonks lmfao

    need gme to hit 160 - 200 so i can leave it and never touch it again