A collection of 12 posts
Gluwa is joining the Luniverse
With DeFi projects taking the blockchain world by storm, Ethereum is once again being overwhelmed by demand as its scalability limitations are painfully exposed. Average transaction costs have now shot up to $8.95 [https://www.coindesk.com/ethereum-fees-soaring-congestion-developers-buterin], whilst executing complicated DeFi smart contracts is even more expensive. Uniswap
At the time of writing, the market cap for the top ten Cryptocurrencies is $487 billion. However, the vast majority of people don’t use cryptocurrencies in their lives. If nobody is using them, what drives their value? Seemingly, somebody pulled the market cap out of thin air. But who?