From Cointelegraph.com: Ethereum gas fee jumped due to memecoin frenzy with mixed comments on network usability https://cointelegraph.com/news/ethereum-gas-fee-jumped-due-to-meme-coin-frenzy-with-mixed-comments-on-network-usability #TransactionFee #Ethereum2.0 #Fees

@openrisk@mastodon.green
They can get amplified in the digital space, but a symmetry may exist in which the more financialised, the more privacy is lost?

For example in proof-of-work money (like bitcoin) a built in #transactionFee exists (don't bother doing a $10 transaction with bitcoin for example).

This problem is currently solved with a #LightningNetwork layer which although functional results in complete loss of privacy.

We anticipate as bitcoin adoption grows an alternative to #LN will also, but…1/2