I kind of agree with this but I still don't think that fee revenue will grow until the way fees are calculated is raised.
However, this should be done at the right moment. Not now.
While many teams are still choosing where to build, ETH should keep gas fees as low as possible.
Then, once everyone is locked in and used to using Ethereum, fees can start to be raised over time, carefully so as not to disrupt these products and businesses.
When I first invested in Facebook in 2013, nobody wanted to buy the stock because revenue was too low. But for network-based businesses, revenue is actually a lagging indicator whereas adoption is the leading indicator.
Facebook was very careful about putting ads on the platform and did it slowly, so as not to disrupt the platform but now does 200 B in ad revenue/year.
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392.4K @ethereumJoseph In my opinion, Ethereum L1 revenue fees should stay low to foster growth. Tens of thousands of companies will set up shop over the next 2-3 years on some mix of Ethereum L1, L2s, and private permissioned EVMs like Besu chains which will be fully interoperable with L2s and L1s. Monetary premium will grow very large, "fee revenue" to L1 from so much activity will grow significant, staking and other locking away of ETH will reduce supply, and net burning of ETH under ultrasound conditions will further grow the value of ETH.
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15.8K @llamaonthebrink Fuck that.
This is financial advice.
392.4K @ethereumJoseph Machine Intelligence (Gemini) indicated to me that there are between 200 million and 300 million businesses operating globally, including formal and informal enterprises. A significant percentage of these have a web presence or use the WWW. Blockchain and crypto are Web3, the natural evolution of the WWW technologies. In the same way that most orgs migrated to the web, most -- big and small -- will migrate some of their operations on chain. Ethereum tech is best configured to support the migration of the global economy onchain. All will have to hold and use ETH. Not financial advice.
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698.0K @lookonchain Someone spent 519 $ETH($925K) to buy 6.12M $CASHCAT 5 hours ago.
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Previsão de preço
Quando é um bom momento para comprar ETH? Devo comprar ou vender ETH agora?
Previsão do Beacon
Previsão Probabilística de Preço (Próximas 24 horas)Esta previsão é um produto técnico experimental, fornecida apenas para fins de referência. Ela não constitui uma orientação de investimento. Eventos inesperados no mundo real podem afetar significativamente o comportamento do mercado. Os traders devem tomar decisões com cautela.
How Much Is Ethereum Worth?
When Was Ethereum Created?
Ethereum (ETH) is a decentralized platform that runs smart contracts, defined as applications that run exactly as programmed without any possibility of downtime, censorship, fraud, or third-party interference. These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent the ownership of property. This enables developers to create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past (like a will or a futures contract) and many other things that have not been invented yet, all without a middleman or counterparty risk. The project was bootstrapped via an ether presale in August 2014 by fans all around the world. It is developed by the Ethereum Foundation, a Swiss non-profit, with contributions from great minds across the globe.
