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    #crypto #bitcoin #btc

    As you’ll have heard a lot of complex sounding stuff is happening on ethereum but what does it all mean for eth well put simply the Denon upgrade will have profound benefits for ethereum but in particular its layer 2 rollup Solutions layer 2os use storage on the layer one

    In order to operate while leveraging ethereum security currently layer twos are ethereum’s only trustless scaling solution now this method of stor is expensive however in fact approximately 90% of all layer 2 transaction fees are paid towards this particular overhead layer 2 transactions are much cheaper than transactions on the ethereum main

    Net but there’s still room for improvement here which denune aims to address

    11 Comments

    1. Have you looked into Tectum yet? Been seeing it on twitter fairly often and it sounds like a good altcoin for this cycle as a Bitcoin layer 2. Would love a review from someone like you who can help me understand it better

    2. ETH will have to do a couple of three years in court due to its underhanded games. THE sec Is looking like fools, they need a win, ETH is the easiest game in time to take down as they had an IPO. FETH!

    3. Eth is slow and expensive. Using Avax earlier and it took milli seconds to go through and cost 0.29c … Many other chains cheaper and quicker than Eth.

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