Re:Cryptography behind the top cryptocurrencies
by CryptoPunk on Saturday March 20, 2021 @09:43PM
(#26527473)
Most Tether is on Ethereum:
https://wallet.tether.to/transparency
Most Tether volume is also on Ethereum, as the article above notes:
>>Notably, the total value of tether transacted on Ethereum is still larger than Tron, signaling that primarily smaller transactors are migrating. Meanwhile, parties executing larger transactions who can presumably afford higher fees seem comfortable continuing to use Ethereum.
The big issue is that there's simply no space on Ethereum for smaller transactions. Hopefully some of this volume will migrate to Ethereum's zkRollups, namely Loopring and zkSync, which increase Ethereum's maximum throughput from 30 to 3,000 ERC20 token transfers per second.
Re:Cryptography behind the top cryptocurrencies
by shp0ngle on Sunday March 21, 2021 @12:44AM
(#26528176)
Ah. Okay then
Re:Cryptography behind the top cryptocurrencies
by ketamine__ on Saturday March 20, 2021 @09:36PM
(#26527435)
Justin Sun is good at promoting.
edit: Yeah I remember correctly
https://www.coindesk.com/tron-ethereum-tether-transaction-co...
The irony of most cryptocurrency market cap depending on mostly scam currency TRON is not lost upon me.