The high gas fees was supposed to be fixed with Eth 2.0, but eth devs have failed to deliver it this year and now we have to wait for maybe another year to get low gas fees on ETH which imo is a downside for them, I think the best way to for crypto adoption to go a-wire is when there's low gas fees on that chain plus it's UI friendly good enough for the average Joe to understand how to use it, Near Protocol offers all these, starting from low gas fees which cost just ~$0.01 per transaction and user friendly interface that an average Joe can understand easily e.g their Web wallet wallet.near.org, eth gas fees have become unbearable for the middle class people so personally have stopped using eth and switched over to Near Protocol, if you can't pay eth gas fees, then stop using eth assets  . Actually the scalability problem of ETH was already solved by ETH's cofounder himself in the name of Dr. Gavin Wood but unfortunately, he already left ETH and made eth 2.0 with its name POLKADOT. |
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Because ETH only processes 13 transactions per seconds so the network becomes congested which requires more power from miners to validate transactions. ETH is a pain in the ass for small time investors or retail investors that is why there are lots of alternative blockchains today that offer fast and lower gas fees.
In other words, ETH sucks AF.
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We are really happy and decided to sell it all. I know this project has great potential in the future so i i'll just keep an eye on this one too.
You know this project is great but you sold out all of your coins! That means You no longer believe in this project. If you do, You will hold a few at least. However, You got a good amount, now enjoy your day. I have a few modex only, So why I will keep my eyes on this project. If they turned into $0, I will not regret it. The transaction fees are very high, If I want to do sell. I need to pay a good amount, So instead of sell waiting is good now. Like i said, i'll keep an eye on this so it means i still buy again this token. For now, all the profits that we made on this token were poured in on POLKADOT because it's going to be parabolic anytime now when parachain lease offerings commences. |
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Musta mga ka crypto?
Balita ko magsisimula na ang Parachain Lease Offering (PLO) or parachain auction ng POLKADOT this quarter. Ito na yung pinakahihintay na piyesa ng POLKADOT tungo sa kabuoang anyo ng proyektong ito. Kapag mapuno na yung 100 Slots para sa parachain, kaya na nitong maghandle ng 1 million TPS. Grabe! Iba talaga itong proyektong ito kasi nga LEVEL 0 yung architecture nya.
Sa mga naghohold ng DOT jan, congrats ulit sa inyo at HAPPY STAKING na rin!
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Been part of this forum with my girlfriend since 2017 and almost all of the bounty campaign that we participated turned out to be a SCAM. We even think that this project is one of them so we just withdrawn our participation in signature campaign a month after. But we was wrong. Just yesterday, i checked my old and almost forgotten wallet and also my girlfriend's wallet and I was really surprised that it has a value of 2,700 USD and 3,600 USD respectively and and it was all coming from Modex Token. We are really happy and decided to sell it all. I know this project has great potential in the future so i i'll just keep an eye on this one too.  |
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Few months had passed since i opened this post of mine and yes, until now, bounty campaign for Polkadot is nowhere to be found except for bug bounty. That's also the reason that pushes me to just invest instead of waiting for a bounty that is unlikely to happen. With no regrets, i am now happy with my ROI and passive daily income from staking DOT.
For those who asked about my signature, i actually do it in dedication to Polkadot's vision and technology in bringing blockchain into a whole new level towards WEB3.0.
Congrats to those who invested early and i do believe it's not yet too late to get in since Polkadot's price now is just the beginning as its price is expected to skyrocket even higher when the parachain auction is expected to commence this quarter.
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Never visited my post for a quite some time and glad to hear about your comments guys. Yeah, it's really early to say about what Polkadot can deliver in the cryptoworld but its current position in the market place now and all the projects under its pipeline is somehow making a strong case that his crypto is indeed a real competitor for eth considering ethereum's high gas fees, slow TPS due to its bottleneck network and is not interoperable.
For those who get in early and invested a buck, congrats to you guys!
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It's been a while since i posted this and i was not so surprise about the price action of Polkadot and its current position now flipping XRP and ADA in the 4th place just a couple of minutes ago as of this writing. I think Polkadot can even reach half of ETH's market cap few months from now.
For those who believe in Polkadot project by Dr. Gavin Wood and invested early, congrats guys!
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Ngayon ko lang ulit naopen account ko dito sa BTC forum since nagpost ako nito. Matagal na rin kasi ako hindi aktibo dito sa forum na to at bumalik lang ako dito nung ngpost ako nito kasi isa rin ako sa mga nasurpresa sa biglaang pagsipot ng crypto na 'to sa top 10. Alam namn nating matagal na sa cryptoworld yung nasa top 10 kaya di talaga ako magtaka kung bakit ako masurprise at macurious na rin. At sa aking pananaliksik, isa nga siyang kakaibang uri ng crypto na multichain na nagbibigay solusyon sa problema ng eth patungkol sa scalability at interoperability. Mas naiinganyo ako lalo nung nalaman kong co-founder pala ng ethereum ang gumawa nito na siya ring gumawa ng Solidity programming language for smart contract ng ETH pati na rin sa yellow paper patungkol sa EVM. Sa lahat nga mga nag-invest nung 3-5$ pa lang ito, congrats lahat sa inyo at sa tingin ko hindi pa huli ang lahat kasi kaya nman nitong abutin ang 100$ realistically in time. At sa nagtanong kung paid promoter ba ako ng Polkadot, hindi po. Isa lang po ako sa mga nag.iinvest at namangha sa technology nito kaya ko kusang ginawa ang signature na yan para sa Polkadot.  |
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Ano sa palagay niyo ang dahilan sa biglaang pagsulpot ng Polkadot sa top 10 cryptocurrencies in terms of market capitalization?
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I believe that investors of Polkadot ICO where the very lucky investors since the ICO was launched few years ago. How i wish that there's a bounty for this project but i found nothing except for their bug bounty that is far beyond my skills. With a project such this that is well funded and with so much hype, i can only hope less for them to offer bounties like i used to participate in this platform.
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Will you agree that POLKADOT is the most important public blockchains to launch post-Ethereum?
What are your thoughts?
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Any thoughts about what spot will POLKADOT lands at the end of October?
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I find redenominations very shady, specially when done only a year after launch. Means the devs are either incompetent to do a redenomination so soon after launch,
or they just wanted the marketcap and rank increase for free marketing. Either way it is bad practise.
Bruh, Polkadot devs had nothing to do with DOT redenomination as Polkadot uses a sophisticated governance mechanism that allows it to evolve gracefully over time at the ultimate behest of its assembled stakeholders. With that being said, the redenomination is made by the token holders through votation and not by devs' decision which is something that some high profile cryptos are lacking - governance. You can read the outcome of the DOT redenomination as it shows the split of 100x of DOT's original total supply. With this result, i don't see any "shady" or "bad practise" as oppose to what you are saying, IMHO. |
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Proof of joined post
Bitcointalk username:PalindromemordnilaP
Campaign in which you participate:signature
ETH address:0x4F5B2EAbA1560676cE0bba755c0f665DD42D8714
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As the market is still in the bearish trend until now, it's hard to tell whether a bull run is about to happen before December ends. But i am glad that some of the alts just stuck on its price and i believe it's only a matter of time that when the bull run starts, everyone who patiently give time and hodl their cryptos will pay off.
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For the past 9 months, the market is still down because of the bearish trend. The market became stagnant of being low most of the time throughout this period. We're now a couple of hours only and i don't know if what November will be for the cryptoworld.
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One of the reasons behind is due to the dumping of tokens that will affect greatly to its market value. If one will sell about hundreds of thousands of its tokens after it's listed in the market, then expect its price to drop below its ICO price.
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Yes indeed and it will surprise you to the extent that you can't believe how big you earn even from a short bull run. For me, i will really surprise too if one of my cryptos in my portfolio will soon rise drastically due to a bull run.
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