Ethereum is a massive blockchain with a lot of projects running on it, it is right behind Bitcoin in marketcap valuation, it promises all sorts of wonders when Ethereum 2.0 releseas, but before it does Ethereum is unusable heavy bloated pile of stinking shit (to put it mildly). It is hard to use it because every transaction costs more and more. Ethereum games that rely on NFT trading and transfers are essentially dead.
Recently Axie Infinity became quite big and I wanted to check it out, but the fact it runs on bloated Ethereum I just can't make myself to try it, I'm still interested about the game but I just can't put myself trough Ethereum transfers hell.
Same thing is happening on Enjin that also runs on Ethereum so naturally for every transaction you need to spend gas and also Enjin tokens. The most popular Enjin game right now Lost Relics recently received quite a lot of new players and they all experienced Ethereum wall of misery. Let me explain one simple Enjin NFT sale if you want to do it from Lost Relics in order to have more of an understanding what I'm talking about.
The process of selling one item goes like this,1st you need to install Enjin wallet, then you need to install Lost Relics, connect your wallet with the game, then you need to play the game and find some NFT items inside the dungeons.
Let's say you found a blue bow and you want to sell it, right now those bows can be sold for 6 Enjin (1$) so next move you need to make is to transfer your bow from ingame inventory to your Enjin wallet and that transaction will cost you 2 transfer crystals(2$), before all the NFTs were automatically transferred into your Enjin wallets, but since the gas costs went sky high you are now required to pay the transfers yourself.
Ok right now your loss is already 1$ and you haven't even listed the item on the Enjin marketplace, you also need to actually sell it. Next, you want to list that blue bow and right now the cheapest gas transfer is insane 3-4$ and some small amount of Enjin.
So ladies and gentleman in order to sell an item worth 1$ you need to do 3 transactions (find the item, transfer it to wallet, list it on marketplace) and spend 5$ to list it, sometimes you will be undercut and you won't be able to even sell the item, so you need to cancel the sale and spend 3-4$ again to list it, of course the buyer need to spend more in gas fees than the item is worth.
Isn't that a complete and utter failure of this given technology? Meanwhile on Hive you can list everything for free, my thought process is that I just can't move from something good to something way way worse.
Hive = 0.14$
Ethereum = 650$
I rest my case.