This enables us to take transactions off the main Ethereum blockchain and process them with none of the congestion. So the high gas fees are removed completely. How filled are blocks on the L1 Ethereum Network? Nearly $100M has been spent on gas for the BAYC land sale in one hour. This is money that could have gone to Yuga or stayed in user’s pockets.The contract had nearly zero gas optimizations. I’ll explain a few gas optimization tricks that could have saved many millions below 👇 pic.twitter CsYvWdEQKc The gas limit and the gas fee are important elements. However, they are not comparable, mainly because different types of transactions have different gas limits. The gas limit is the maximum amount of gas you are willing to pay to complete a transaction. For example, the mpg limit is an estimate of how much gas your car needs to travel 80 miles. Ideally, this value should be higher than your actual consumption. Otherwise, you won’t make it 80 miles.
http://www.gnbeauty.co.kr/bbs/board.php?bo_table=free&wr_id=2546
403. Forbidden. Interestingly, Finbold reported in August last year every 226th person on the planet owned at least $1 in Bitcoin. Data indicated that as of August 26, roughly 35,257,206 addresses are holding at least $1 worth of Bitcoin, according to BitInfoCharts statistics. Though it’s a digital currency that has no physical existence, it is publicly traded around the world and has intrinsic value. Many companies and even brick-and-mortar stores accept payment in Bitcoin and hence, it holds real monetary value. Even before the recent collapse of the major crypto exchange FTX, Shah says crypto prices were impacted this year by the bankruptcy of crypto hedge fund Three Arrows (3AC) and the lending platform Voyager Digital, as well as challenges for another crypto lender, BlockFi, which is now preparing a potential bankruptcy filing, according to the Wall Street Journal.