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Teutonium
@teutonium
64
Crypto, Technology, Investing, Economy, Finance Freedom
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Portugal
Created
2018-01-19 13:24
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teutonium
LeoFinance
3y
RE: LeoThread 2023-11-02 13:50
But I was just referring to Hive, in Hive's case ppl like to say they don't pay for tx, but there is a hidden inflation tax that makes everyone pay for the tx Nothing against, it's just design choices
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teutonium
LeoFinance
3y
RE: LeoThread 2023-11-02 13:50
It's more complex than that, basically ETH's inflation and gas fees are distributed to the block producers, but a portion is burned through EIP1559, and for some time now ETH has actually been deflationary
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teutonium
LeoFinance
3y
RE: LeoThread 2023-11-02 13:50
Hive is not really feeless though... Somebody has to pay the block producers to produce blocks no matter what, in Hive's case the payment comes from supply inflation, so everyone is hidden taxed to pay
teutonium
LeoFinance
3y
RE: LeoThread 2023-11-02 13:50
I put money in $BTC & $ETH's L1 because I trust their decentralization But I have limited exposure to ETH's L2 This is because of all the multi-sigs & design assumptions ETH's L2 need to become
teutonium
LeoFinance
3y
RE: LeoThread 2023-11-02 01:02
That's the thing, decentralization is a spectrum, and me & many others don't trust the level of decentralization that Hive has to put lots of money in here I put the amounts I put in Ethereum and BTC
teutonium
LeoFinance
3y
RE: LeoThread 2023-11-02 01:02
Understandable, it's not for everyone, decentralization has it's costs and for finance stuff I'm ok with paying... L2 I can still manage, but L1 eats me up really fast, that's why I try to stick to L2
teutonium
LeoFinance
3y
RE: LeoThread 2023-11-02 01:02
Yeah, it depends on the portfolio size mostly and the amount of things they know how to do, I even took a loan last friday. I normally delegate DAO governance votes, if I had to vote on protocols it would
teutonium
LeoFinance
3y
RE: LeoThread 2023-11-02 01:02
Also checked the time between my first transaction and last transaction, it was 3h, not 6h, I thought I had spent 3h longer but now I remember that I spent those fixing my ledger not transacting (screen
teutonium
LeoFinance
3y
RE: LeoThread 2023-11-02 01:02
Also checked the Rhino.fi fees, they seem to have been the highest thing I spent money on, which was $3, if I knew what I now know I would probably try to swap cross-chain using LayerZero, it seems less
teutonium
LeoFinance
3y
RE: LeoThread 2023-11-02 01:02
I really need to get myself that premium 😅 need a bigger character limit ArbScanner: BaseScanner: If you check the txFee it's mostly 10c each.
teutonium
LeoFinance
3y
RE: LeoThread 2023-11-02 01:02
I did 7 tx on Zk + 11 on Base + 4 on Arb, Base and Arb tx were mostly under 10c each, I checked I don't do it regularly because I like to do it with volume each time, I mostly minted NFTs to try the SC
teutonium
LeoFinance
3y
RE: LeoThread 2023-11-02 01:02
The section of the world that has resources for this is mostly the developed nations, but that's why I'm not telling the other section of the world to use Ethereum. I think each has it's purpose,
teutonium
LeoFinance
3y
RE: LeoThread 2023-11-02 01:02
I was specifically referring to ur claim about the 1h-2h, I spent 6h The cost wasn't that much, I onboarded straight to L2, it cost cents(less than 50c ea) after to make most tx, I stuck with Base, Arbitrum,
teutonium
LeoFinance
3y
RE: LeoThread 2023-11-02 13:50
There are a couple of countries that aren't there, and I think that's for their CEX and not DEX, but not sure... My country (Portugal) is not there, I have access to everything, and most of the EU is not
teutonium
LeoFinance
3y
RE: LeoThread 2023-11-02 01:02
I honestly think that the best way for Hive to grow is to: Expand our communities more, thus increasing RC demand. Start generating revenue through non-crypto advertisement, which is something that only
teutonium
LeoFinance
3y
RE: LeoThread 2023-11-02 01:02
I spent the whole last friday, around 6 hours interacting with protocols on Ethereum and L2s... Minted NFTs, bridged to other layers, bought game assets, checked Real Estate NFTs, LPed. There are many
teutonium
LeoFinance
3y
RE: LeoThread 2023-11-02 01:02
They will not understand this I spent years telling ppl that "community" doesn't mean anything if it's not monetized, and to monetize a community you need ads Most communites still don't have
teutonium
LeoFinance
3y
RE: LeoThread 2023-11-02 13:50
WooFi launched a DEX that is really cheap to use and looks like a normal CEX! This is what they call CeDeFi And they share the fees with $WOO stakers. #leofinance #crypto
teutonium
LeoFinance
3y
RE: LeoThread 2023-11-01 21:40
I get some from time to time, but normally it's the placeholder. Got an ad now on this post!
teutonium
LeoFinance
3y
RE: LeoThread 2023-11-02 01:02
I should be sleeping, but it's hard when $BTC is on the move! #BullMarketIssues #mydiary
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