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RE: My Thoughts On Ethereum

in LeoFinance • last year

Every platform has a niche.

The niche of EVM is creating a connected incubation system for startups.
EVM does this quite well and it's been cloned and forked a hundred times over thus far.
Any dev that can program on ETH can program on any EVM chain.
That's pretty powerful.

Any startup that outgrows the network it's built on will just create their own EVM network.
It's not a bad system it's just a bit clunky.

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         last year 

        Yeah. The forks offer potential. In terms of market cap, I am not sure they eclipse the original which is more of a money play by big entities in my view.

        Some of the forks can offer utility, especially in the financial arena.

        It is interesting how the forks can get lower fees while the main chain is very expensive.

        What causes that? Do the devs set a lower price from the start and just have it operating from that premise?

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               last year 

              What causes that?

              Well I haven't looked up what "rollups" are but I'm told it's a scaling solution.
              Also chains like BSC are more centralized on the node side and have less usage so they're just naturally cheaper.

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                     last year 

                    Thanks. That makes a lot of sense.

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