EGLD is still dramatically faster to process a transaction and cheaper. EGLD still has the only Adaptive State Sharding architecture in the space. Egld has 6-23 second finality on transactions and is improving on those speed as milti sharded contract get refined. And Transactions are still much cheaper than ETH 2.0. There is much debate if the transaction fees on eth 2.0 will be any cheaper that the original system and, its not looking like it Eth 2.0 will still take nearly 6 minutes to process a transaction. But it wont be proof of work, so there is that If you are making the argument that eth becoming pos means it does everything elrond does. Its doesnt. It puts a bandaid on one thing. And does not really address the rest.
Ni_8314601111 activity
Ni_8314601111 commented on Until now that wasn't a success, do you agree? Can we agree on that?
Define success.
Ni_8314601111 commented on So Elrond Network is depending on one single cloud service ?
No there was other projects working just fine.
Ni_8314601111 commented on anyway will Maiar be up today or later this week? Was there any annoucement about this that i missed?
Pinned message up top gives you the most recent estimate.
Ni_8314601111 commented on Meaning it was Someone Close to them ?
No. Mean it was timed to catch the team sleeping.
Ni_8314601111 commented on pulling statements like this out of your ass?
actually no. Its been discussed in other telegram groups.
Ni_8314601111 commented on How much did the hacker extract so far?
Hacker has been found and funds returned. More details on how when where and why of it will come directly from the team.
Ni_8314601111 commented on I saw the funds ae safe. But just want to know what happened. WIll wait for the team I guess?
No one really knows exactly yet. Lots of speculations of course.
Ni_8314601111 commented on so the network is still up i see with the explorer still processing transactions, was this a bridge attack? do we have legit confirmation?
Its being investigated. Team will report the findings. Everything else is speculation.
Ni_8314601111 commented on if it is not hack ,how 1.2 million egld stolen or what?
We will see as the investigation goes on, there are ways to generate cheap purchases without directly hacking code or stealing. Time will tell what occurred.
Ni_8314601111 commented on Does anyone know how many transactions it will take? And what the fees might look like?
I used it. Took 2 ether transactions. fee cost about $100 in ethereum, did this yesterday. Then one maybe two elrond transactions. I only remeber 1. Less that $.03 . From start to finish took 15 maybe 20 minutes. Was smooth. And made me very glad to be off ethereum.
Ni_8314601111 commented on Ser Dan, you managed to bridge your goats? That's fantastic. How many goats jumped from the bridge?
Yes how many goats did it take to cross the bridge?
Ni_8314601111 commented on Ser you sen on brij or?
yes of course the goats come across on new brij with the tokens in collar. Or perhaps secured internally... never know!
Ni_8314601111 commented on Hi , but the minimum transfer of $ 2500 is the 10min waiting to make the bridge are in the initial stages or will they be standard?
I am guessing 10 mins is jus because if ethereum. Its sloooooooowwww, if eth is ever really congested I am sure it could take longer. As regard minimums I am sure those can be changed eventually.
Ni_8314601111 commented on Why Elrond doesn’t have a discord?
because they dont allow goats on discord. its all about goats rights.
Ni_8314601111 commented on Why own a honda civic when you can use a horse and carriage?
Lol I hear this argument a lot from the plebs on crypto. Why make something faster and better than the old? The old stuff works "fine". Plain and simple answer. Its just what we do, for better or worse.
Ni_8314601111 commented on Do we know if mex will be used for governance votes on dex ecosystem?
Thats always been the plan. Dont believe it has changed.
Ni_8314601111 commented on Why so struggley compared to other projects?
Project has been super strong overall. And has corrected just like everything else has. Market conditions are what they are.
Ni_8314601111 commented on What timeframe are we talkin here? Mex back live and then in a couple of days 500?
Lets just say eoy. Nothing like tomorrow or end of week. Just by end of year.
Ni_8314601111 commented on For the Maiar exchange and in particular the EGLD/MEX liquidity pool, Is that true that extra mex will be given to compensate for impermanent losses ?
No, you will not earn any extra MEX if you suffer impermanent loss while providing liquidity. The mex you earn from your liquidity pool tokens via farming already have possible impermanent loss factored into their issuance rate. Thats why EGLDMEX LPs earn more mex when farmed then others pairs or MEX on its own. EGLDMEX LPs has a higher risk of IL.
Ni_8314601111 commented on My guess is our partners and new partners are purchasing egld for their pools now they know wen Mex. What do you guys think?
I think we will see buying and price tick up before mex launch as lots of people purchase egld for mex. Then solid selling pressure as people buy mex with egld. Then as mex gets accumulated to good portions selling pressure on mex to buy egld and the cycle begins. All good thangs!