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For those that think high ETH gas fees means the death of ETH, here's another perspective: when people are paying out their a$$ to use your service, it says something about the value that service delivers.
Also, there are already layer 2 solutions that drastically reduce fees and increase transaction speeds (up to 9000tps on some apps) via Zero-Knowledge Proof rollups. You don't need to run to CZ and hire them as your new bank, you just get more creative within the sandbox you're in, which is what people are doing... And that's just for now until 2.0 rolls out.
If there's one thing I've learned it's that the technical details/merits of a technology are NOT what drive it's growth. That's all just a marketing narrative.
What really matters above all else is community and the growth of the network. NFTs, Crypto-Gaming, DeFi, and everything else shiny you hear about runs on ETH - get ready to hear more about ETH this year.
Also, there are already layer 2 solutions that drastically reduce fees and increase transaction speeds (up to 9000tps on some apps) via Zero-Knowledge Proof rollups. You don't need to run to CZ and hire them as your new bank, you just get more creative within the sandbox you're in, which is what people are doing... And that's just for now until 2.0 rolls out.
If there's one thing I've learned it's that the technical details/merits of a technology are NOT what drive it's growth. That's all just a marketing narrative.
What really matters above all else is community and the growth of the network. NFTs, Crypto-Gaming, DeFi, and everything else shiny you hear about runs on ETH - get ready to hear more about ETH this year.
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