With today's news about Stripe working with Polygon to bring payments to Twitter and other content aggregators, I'm wondering how to think about the trickle-down effects of the impact that this incremental demand will have on Ethereum.
https://twitter.com/0xPolygon/status/1517553896054730752?s=20&t=wiF1JRn-FMmgdc20Ou3nZw
Does anyone know how much in gas fees Polygon currently pays Ethereum? I know that the aggregate amount of fees that Ethereum collects from L2s is like ~1% of Ethereum's total fees, so not significant.
If Ethereum's growth plans revolve around L2s and other scaling solutions like Polygon, then it seems very important to understand the value capture of this growth by Ethereum. If these solutions offer say 1/100th of fees, then doesn't that mean overall demand on these solutions needs to 100x in order to have the same order of effect if that demand were to take place on Ethereum L1?
[link] [comments]
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments