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RE: Weekly Insights - Ethereum Fees Surpass Bitcoin, BTC Hodling Over 11M.

in HODL4 years ago

Hello there @f0x-society,

Great article (as usual°

I really liked this graph as it is the main reason why we are in the Crypto Space.

https://images.hive.blog/p/7ohP4GDMGPrU6KTuuW27Tq6en5JYHcVeXL6fAJ1RujUw3NULjf8Ndi8iCmpdZMnKp5Dn99XkSgKs71CV2Uj8hSri7sCjzhWrpSNS?format=match&mode=fit

The level of innovation on Ethereum is just mind-boggling and it's honestly difficult to stay on top of all the innovation in the space.

I entirely stand with you on this, best real projects are on ETH and I cannot wait for POS as the Mining showed its limits for ETH ecosystem.

Upvoted and Resteemed ;)

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Thanks for the support @vlemon, hopefully we'll see Phase 0 of ETH 2.0 launch before the end of the year, curious to see how ETH2 tokens will trade relative to ETH1 tokens, any thoughts on that?

As it could be a dividend generating asset / utility (votes...) I would believe higher. Aren't all the ETH 1.0 supposed to be converted to ETH 2.0 1 for 1 ?

Aren't all the ETH 1.0 supposed to be converted to ETH 2.0 1 for 1 ?

No,there will be a contract on Ethereum 1.0 that will let you convert ETH into ETH2, it's a one way street so if Ethereum 2 fails all the capital will be wasted, that's why I think ETH2 might initially trade at a discount to ETH to account for the risk.

As Ethereum 2.0 gets better and stronger I agree with you that ETH2 will become a more attractive asset because of its dividend generating properties.