Hacker News new | ask | show | jobs
by andrefuchs 1835 days ago
One reasons could be that Ethereum gas fees for minting a piece are extremely high at the moment.

Tezos ($xtz) based platforms such as https://www.hicetnunc.xyz are thriving. The fees are next to nothing - especially compared to current alternatives.
1 comments
iSnow 1835 days ago
Gas on ETH is super low right now, around 20Gwei which translates into a $1 fee for a send and maybe $5 for minting an NFT.

Tezos on the other hand is a complete ghost town, it has absolutely no traction - and I say this as a soon to be ex XTZ holder.

link
andrefuchs 1835 days ago
Interesting, please share your sources.
link
iSnow 1835 days ago
1) https://defipulse.com/

the first defi dapp not on ETH is BTC Lightning on rank #42.

2) https://debank.com/ranking/locked_value

something like 75% is on ETH, 95% or so on ETH + BSC (centralized ETH clone) + MATIC (ETH sidechain). The only chain that's not directly or indirectly tied to ETH is FTM.

3) onchain-volume, https://blockchair.com/compare and https://tzstats.com/

ETH transacted $20.6bn over the last 24h, XTZ 10.8 XTZ * $3.8 = $41.5m. It's not even close, it's a couple orders of magnitude away.

link