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Coop pfp
Coop
@coopahtroopa.eth
ETH mainnet is unusable again. $150 in gas to make a swap. On one hand this is extremely bullish for L2s and showing how far along they are. On the other - it's really hard to see how any regular person ever uses mainnet during the bull market. Also - a tx on BTC costs less than ETH... which is insane.
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Thumbs Up pfp
Thumbs Up
@thumbsup.eth
Way more demand on ETH L1 than BTC L1. Much of BTC trading is happening via custody (CEXs) or on Ethereum and other blockchains via WBTC. So it’s really not a sensible comparison
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Sean Wince 🎩 pfp
Sean Wince 🎩
@seanwince
Reasons why I'm bearish on projects that are still dropping NFTs exclusively on mainnet The Ethereum roadmap has spelled out pretty clearly for a long time that mainnet is not meant to be usable by regular folks in the long term
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Caster Cat #648 🎩🧾 pfp
Caster Cat #648 🎩🧾
@ariansh.eth
If the expected value of the onchain action they are taking exceeds the gas cost then they can easily justify using ETH mainnet
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Zeronium pfp
Zeronium
@zeronium
L2's need to build as L2's to some extent. A lot of L2 strategy is less about leveraging Ethereum, and more about building out standalone ecosystems with little concept of connected back to Ethereum (outside of any rollup which doesn't affect the end user in most cases).
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rac pfp
rac
@rac
supply and demand i’m glad we have L2s
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alvaro delgado pfp
alvaro delgado
@imalvarodelgado
I feel this
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Bixbite 👽 pfp
Bixbite 👽
@bixbite
I couldn’t believe it… $200 to put up a proposal for Lil Nouns the other night… mind you a proposal that needs to be voted on by the community, so there’s a chance it doesn’t pass. 😳 Makes me bullish on DAO migration to L2s 🫡
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Serg 🎩🔵⛓️✈️ pfp
Serg 🎩🔵⛓️✈️
@serg
Even @base is expensive (for a regular person). It should get better with the upcoming Dencun upgrade. Still, until the tx costs are 1 cent USD at max we will not have any mass adoption.
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Gabriel 🎩 pfp
Gabriel 🎩
@0xgabriel.eth
Mainnet is for institutions and L2's are for the people.
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Metaphorical
@hyp
Yeah I have a bunch of sub-$500 bags I want to move, or trade, but makes no sense.
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MTH pfp
MTH
@mthch
Just be patient in such moments. THe fees also go down after a while.
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Ren🇯🇵 pfp
Ren🇯🇵
@renstern.eth
Mainnet can only be used for 5 figure plus trades right now. Otherwise can’t justify gas.
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Jon pfp
Jon
@joncali
Dude YES! I've been waiting a few weeks to make a few transactions cuz it's such a nightmare rn.
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inway2deep🎩🍖🌈 🐘 pfp
inway2deep🎩🍖🌈 🐘
@inway2deep
So,, I guess we’re becoming bullish on Cardano
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helladj™ pfp
helladj™
@helladj.eth
Isn’t this going to change like… next week?
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Alex 🎩 pfp
Alex 🎩
@growthbeast.eth
Devs please do smth
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Chris Sheehan pfp
Chris Sheehan
@ctsheehan
The L2 wars are real. AND necessary! Gotta 🪓 that ⛽
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Ethspresso 🚌🔵🎩 pfp
Ethspresso 🚌🔵🎩
@ethspresso.eth
Yes, this. Even accepting an offer on Opensea is too costly now. Just have to sit still in the boat and hope it calms down soon.
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taofeek.eth pfp
taofeek.eth
@taofeek
Exactly. The cost in eth and bull run frustrates usability
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