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    Bored Apes Crash Ethereum + Solana Crashes Again | Can Crypto Handle NFT Gaming Yet?



    This weekend took a massive blow to the crypto community as NFT titans Ethereum & Solana suffered major gas fees and outages, sparking severe doubt in blockchain capabilities for NFT gaming (and transactions in general). The Otherside Metaverse NFT (Bored Apes) mint spearheaded by Yuga Labs is thus far the largest in blockchain history. The mint congested the Ethereum network raising network fees to as high as 8,000 Gwei. Some users paid as much as $7k in fees. Meanwhile, Solana again faced a crash as there has been an increased number of transactions flooded by the Candy Machine NFT bots causing network congestion. Blockchains often have an issue with scaling as they are quite inept in terms of handling the traffic that Web2.0 can handle without encountering major issues.

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    #BAYC #NFT #Ethereum
    ~Bored Apes Crash Ethereum + Solana Crashes Again | Can Crypto Handle NFT Gaming Yet?~
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    View 29 Comments

    29 Comments

    2. KARADI on

      Wanted to buy Zinu….had to do it in MetaMask wallet. Didn’t know that just attempting to trade into zinu burned ETH gas fees. Trying to buy $3000 Zinu ended up costing me $1000 gas. Ridiculous!! Why would FAILED transactions cost me $$$?!?!?!. I will never use Ethereum on purpose. Ever.
      Thinking of moving all my investment off ETH onto other projects. Ridiculous gas fees. Maybe crypto millionaires can pay those fees but the average joe can’t.
      Banking on Solana , HBAR, maybe Casper , Algorand

    3. Ninja on

      I think BAYC fiasco was a nine inch nail in the coffin for ETH. Lots of people on social saying the event was rigged. Retail is showing zero interest in paying 4 to 5 ETH (a down payment on a house) for a piece of art. Just look at all the art and deeds not flipping on Opensea.

    4. Lance Beebout on

      What a joke. Why isn’t everyone building on Hedera. Am I missing something. Solves everyone’s issue. Speed, security, cost, reliability, and scalability. Did I miss anything?

    5. Jfhelwig on

      Etherum was called dinosaur technology by Dr. Ben Goertzel, one of the geniuses in AI. He started on Ethereum and moved to Cardano for tiny fees, better speed, and better future looking tech. Solana broke again……what a joke. Someone turn it back on please

    6. Colt Ackermann on

      Like your content however respectfully disagree that 20k is off the table. it's entirely possible most people are missing the fact that BTC is still coupled to SPX and legacy is in huge trouble the hasn't happened before argument is invalid for the simple reasons BTC has not experienced war, supply shock and stagflation before and there is absolutely nothing the Fed can do about the impending crash. research the 70s we're in almost an identical situation, Although 20k IMO is possible I do not expect to hit that target Prediction 28k. EOY $41k<<.

    11. Daniel Driver on

      Combination issue. Users likely stalled when they saw the fee detail. Ties up contract. ETH fail on TPS and miners commanding high fee for pathetic service.

    14. Nhut Hong on

      Do you finding nft VR game? Zombie World Z will good for you, nft 2d+metaverse mode. Now you can download an play 2d version, but metaverse mode will release soon maybe this month. With ROI 25 days, you can back investment.

    16. john dietz on

      Somehow this space needs a jolt of professionalism. It’s a bunch of children playing a game, and I don’t mean the users, I mean the CEO’s.

    17. James Gillis on

      As a business, why would I not leverage the metaverse to expand my brand awareness, and then I can even make money from throwing out nfts? no brainer

    19. benny on

      It's been pumping and dumping in this range for ages! It's technically just going sideways, sideways means generally stagnant… But could be worse could be stocks. Trading went smooth for me as I was able to raise over 15.2 BTC when I started at 4.5 BTC in just few weeks implementing Michael Christensen's daily trading signals and tips. .

    27. Reconmonk on

      Nooooo stay away from Cardano, Sol and Eth is better… BUT Ada it is the only chan that really works.
      Heheh funny stuff

    28. Robert Green on

      <I respect your work mate, because you are pointing people in the right direction. We should all know that when these reports are bullish take some off to the side lines, when news gets bearish start buying. "Keep it simple simple". The market is very unstable, all thanks to Bobby Lucas, for his amazing skills for helping me to earn 9 BTC from 3 BTC through day trading.

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