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Re:Bored Ape virtual land sale breaks Ethereum by akgoel on Monday May 02, 2022 @05:58PM (#31241514)
This isn’t completely true. There are 2 types of gas fees - the first is the type you are discussing. The 2nd is the inherent fee of executing the smart contract. $100MM of the fees went to contract execution, over half of which could have been avoided with a more efficiently coded smart contract.
Re:Bored Ape virtual land sale breaks Ethereum by rglullis on Monday May 02, 2022 @06:05PM (#31241599)
If this is the type of discussion you'd like to have, one could argue that they could've launched their NFTs on layer-2 systems like Loopring/Immutable and avoided all of these fees.