#layertwo — Public Fediverse posts

Ethereum Foundation Makes It Clear The Merge Will Not Improve Fees and Throughput

https://news.bitcoin.com/ethereum-foundation-makes-it-clear-the-merge-will-not-improve-fees-and-throughput/

#EthereumFoundationupdate #Ethereumonchainfees #EthereumFoundation #ProofofStake #onchainfees #ProofofWork #September15 #Technology #GasTracker #NetworkGas #technology #TheSplurge #Ethereum #gascosts #Layertwo #Loopring #TheMerge #L2Costs #Upgrade #22gwei #L2fees #Zksync #Fees #PoS #PoW

@icedquinn
Exactly. That is the problem we have right now.

Using your bank would be a way forward, its not totally 'horizontal' like the #WebOfTrust, but it is a step away from CAs, uses our established trust we still have in banks to provide a *real* service, and most importantly returns us towards thinking more locally, and build #localConnections.

Bankers need real jobs aside from mining a #LayerTwo currency and maybe this is it.

#getLocal #networking
@koherecoWatchdog @cy