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<blockquote data-quote="Faceplanted" data-source="post: 4857029" data-attributes="member: 56697"><p>You don’t get it, no disrespect</p><p></p><p>eth will be nothing more than a settlement layer. Arbitrum will handle offchain computations and “zip up” the vast sources of data while just writing a hash on etheriums blockchain. </p><p></p><p>OCR via chainlink has already lowered gas fees for DEFI price feeds 90%. </p><p></p><p>Basically all DEFI uses chainlink to secure 100 billion in decentralized funds. Anybody who thinks any other project has even close to the amount of actual use and value is deluded.</p><p></p><p>Arbitrum will exponentially drop the gas prices even lower while allowing complex computations for complicated smart contracts.</p><p></p><p>Matic has also drastically lowered cost. Eth is not about poor people moving 200 dollars to a DEX, eth is about 10 million dollar derivatives contracts settled instantly with 100% transparency.</p><p></p><p>ETH is not a currency. You can use nano or other currency tokens if you want to send money. If you want to interact with a smart contract, currently your gonna have to pay. </p><p></p><p>Currency crypto coins are a meme. Blockchain’s true use comes from automating industries while providing security and transparency.</p></blockquote><p></p>
[QUOTE="Faceplanted, post: 4857029, member: 56697"] You don’t get it, no disrespect eth will be nothing more than a settlement layer. Arbitrum will handle offchain computations and “zip up” the vast sources of data while just writing a hash on etheriums blockchain. OCR via chainlink has already lowered gas fees for DEFI price feeds 90%. Basically all DEFI uses chainlink to secure 100 billion in decentralized funds. Anybody who thinks any other project has even close to the amount of actual use and value is deluded. Arbitrum will exponentially drop the gas prices even lower while allowing complex computations for complicated smart contracts. Matic has also drastically lowered cost. Eth is not about poor people moving 200 dollars to a DEX, eth is about 10 million dollar derivatives contracts settled instantly with 100% transparency. ETH is not a currency. You can use nano or other currency tokens if you want to send money. If you want to interact with a smart contract, currently your gonna have to pay. Currency crypto coins are a meme. Blockchain’s true use comes from automating industries while providing security and transparency. [/QUOTE]
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