⁉️What do you know about Transaction Fees? 📈Right after the halving, there was a spike in transaction fees. This was driven by the hype surrounding the Runes protocol, which was launched at block 840,000. The Runes fungible token protocol dominated transactions in the first 100 blocks of the new cycle, but inscription spending has been declining ever since. The average transaction fees dropped from $90 at the peak to less than $3. This is great news for those who want to send transactions on the base layer, but not so great for miners. Learn more here: https://lnkd.in/dZptF4Aa
Digital Mining Solutions’ Post
More Relevant Posts
-
Ethereum’s Dencun upgrade has transformed transaction dynamics! Before the upgrade, higher network activity led to soaring fees and lower ether supply. Now, post-upgrade, transaction fees stay low despite increased activity, and the amount of fees burned has plummeted post-Dencun leading to a faster-growing ether supply. This shift challenges Ethereum’s “ultra-sound” money status. #Ethereum #DencunUpgrade #CryptoNews
To view or add a comment, sign in
-
Are you aware of the token categories that exist in ICOs? We have summarized the details you absolutely need to know in this image. 𝐏𝐥𝐞𝐚𝐬𝐞 𝐧𝐨𝐭𝐞: 𝐔𝐭𝐢𝐥𝐢𝐭𝐲 𝐭𝐨𝐤𝐞𝐧𝐬 𝐥𝐞𝐠𝐚𝐥 𝐝𝐞𝐟𝐢𝐧𝐢𝐭𝐢𝐨𝐧𝐬 𝐝𝐢𝐟𝐟𝐞𝐫 𝐟𝐫𝐨𝐦 𝐜𝐨𝐮𝐧𝐭𝐫𝐲 𝐭𝐨 𝐜𝐨𝐮𝐧𝐭𝐫𝐲. 𝐌𝐚𝐤𝐞 𝐬𝐮𝐫𝐞 𝐭𝐨 𝐬𝐞𝐞𝐤 𝐥𝐞𝐠𝐚𝐥 𝐚𝐝𝐯𝐢𝐜𝐞 𝐛𝐞𝐟𝐨𝐫𝐞 𝐨𝐟𝐟𝐞𝐫𝐢𝐧𝐠 𝐲𝐨𝐮𝐫 𝐜𝐨𝐢𝐧𝐬. #ICO #cryptoassets #cryptoregulation #cryptocompliance #MiCALawyer #Blockchainlaw #blockchainlawyer
To view or add a comment, sign in
-
EigenLayer is a protocol built on the Ethereum platform, introducing the concept of "restaking" to the community. Restaking plays a crucial role in securing the digital financial system, allowing the reuse of ETH on Ethereum’s consensus layer. EigenLayer began accepting deposits in 2023 and has accumulated over $15 billion in assets to secure various protocols. The project initiated its airdrop in May, but EIGEN investors were only able to transfer tokens starting from September 30. The unstaking process for tokens takes seven days. #Coinbay #EigenLayer #EIGEN
To view or add a comment, sign in
-
What is $M? $M is a fungible token that can be generated by a Minter by locking Eligible Collateral, currently short term T-bills, in a secure off-chain facility. Once generated, a Minter can then sell these tokens into the market. $M is designed to be a robust representation of an exogenous collateral basket – a relationship enforced by the financial structure and market incentives of its generators. With Minters selling and buying back these tokens at the price of $1, $M serves as a cryptodollar, offering a stable, digital representation of the US dollar. Addtionally, $M can be used as raw material to create other cryptodollar products. The M^0 protocol, powering $M, aims to make better money. It represents a best of all worlds approach to risk, transparency, and functionality. You can dive deeper into how our infrastructure works in M^0's Whitepaper: https://docs.m0.org/portal
To view or add a comment, sign in
-
The Dencun upgrade is live on Ethereum! Dencun significantly lowered Ethereum roll-up fees by introducing blob transactions, known as EIP-4844, or protodanksharding. Check out this comparison:
To view or add a comment, sign in
-
https://lnkd.in/eFPNWBHZ Crypto stamp 5.2 A physical-digital stamp collectible for post.at [15:31] A New game in time
Crypto stamp 5.1
cryptostamp.com
To view or add a comment, sign in
-
📑 How BAX Works in ReDeFi Layer-1? BAX isn’t just a token—it’s a utility coin for securing ReDeFi’s Layer-1. By staking BAX, you can become a nominator or a validator, helping to keep the network secure and decentralized. In return, you earn rewards through a controlled inflation schedule. Simple, secure, and rewarding. 🛡️💰
To view or add a comment, sign in
-
Want to learn more about staking Ethereum (#ETH) after the recent #DencunFork and how it impacts your institution? Click here to learn more about your institutional-grade staking options with Blockdaemon. Stake with just a few clicks, today!
To view or add a comment, sign in
-
been a buyer of aave since $105 due to its resiliency during the downturn -yesterday it was announced donald trump's defi project is partnered with $AAVE 16M tokens, all circulating (no supply overhang) i don't think people understand how fast this coin will rise. Ethereum's primary usecase is defi- and aave is priced at less than 1% of eth's total mcap. rapid repricing + infinite leverage loop will send this $1,000+ IMO in less than a few months use aave as collateral--->buy more aave---> aave goes up---> borrow more aave---> price goes up---> borrow more aave--->
To view or add a comment, sign in
-
🚀 Weekly Crypto Highlights 🌐 1. EigenLayer Launch: The eagerly awaited EigenLayer project has released its white paper and token distribution plan. Dive into the details and discover what makes it a game-changer. 2. Legal Update on CZ: The legal saga involving Binance founder CZ has concluded with a four-month prison sentence. What does this mean for the crypto industry? 3. Hong Kong's Crypto Milestone: Hong Kong has debuted its first Bitcoin and Ethereum ETFs. How have they performed, and what lies ahead for investors? 💡 Stay informed on the latest in crypto. These developments not only shape the market but also signal new trends and opportunities. #CryptoNews #Blockchain #BitcoinETF #EthereumETF #CryptoMarket
EigenLayer launches white paper and token distribution plan, is there anything worthy of our…
link.medium.com
To view or add a comment, sign in
744 followers