602. Bored Apes Crash Ethereum + Solana Crashes Again | Can Crypto Handle NFT Gaming Yet?
May 2, 2022 ·
35m 32s
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Description
This weekend took a massive blow to the crypto community as NFT titans Ethereum & Solana suffered major gas fees and outages, sparking severe doubt in blockchain capabilities for NFT...
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This weekend took a massive blow to the crypto community as NFT titans Ethereum & Solana suffered major gas fees and outages, sparking severe doubt in blockchain capabilities for NFT gaming (and transactions in general). The Otherside Metaverse NFT (Bored Apes) mint spearheaded by Yuga Labs is thus far the largest in blockchain history. The mint congested the Ethereum network raising network fees to as high as 8,000 Gwei. Some users paid as much as $7k in fees. Meanwhile, Solana again faced a crash as there has been an increased number of transactions flooded by the Candy Machine NFT bots causing network congestion. Blockchains often have an issue with scaling as they are quite inept in terms of handling the traffic that Web2.0 can handle without encountering major issues.
~This episode is sponsored by iTrust Capital~
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#BAYC #NFT #Ethereum
~Bored Apes Crash Ethereum + Solana Crashes Again | Can Crypto Handle NFT Gaming Yet?~
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~This episode is sponsored by iTrust Capital~
iTrustCapital | Get $100 Funding Reward + No Monthly Fees when you sign up using our custom link! ➜ https://bit.ly/iTrustPaul
#BAYC #NFT #Ethereum
~Bored Apes Crash Ethereum + Solana Crashes Again | Can Crypto Handle NFT Gaming Yet?~
⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺⎺
Become a Diamond Circle Member FREE! ➜ https://bit.ly/PBDiamondCircle
Subscribe on YouTube ✅ https://bit.ly/PBNYoutubeSubscribe
Facebook 📱 https://bit.ly/PBNfacebook
Twitter 📱 http://bit.ly/PBNtwitter
Crypto Power Index Beta Access ➜ https://bit.ly/CryptoPowerIndex
Looking for the best tax havens for Crypto? Free Month with iTrust Capital - Use PROMO CODE - PAUL BARRON https://rebrand.ly/PAULBARRON
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