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Liam
@daddysether.eth
ETH by far has the strongest tailwinds for the 2024 bull market out of any other crypto asset. - Spot ETH ETFs 🤑 - Deflationary through the burn (EIP-1559) 🔥 - EIP-4844 to reduce rollup fees by roughly 2-5x 📉 - New ETH staking paradigm through 'restaking' with @eigenlayer 🥩
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Ben
@ben4real
I understand that the community is working on scaling eth but if ETH price goes up too fast, will it not kill the network: making it too expensive to use?
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Liam
@daddysether.eth
You're right that if Ethereum Layer 1 remains busy, the gas fees will remain far too high for most people who want to use the network. On the scalability front, there are already plenty of already operational L2 protocols that users can interact with today for a fraction of the cost.
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