Of course, it is possible to create a third network, as no one is forbidding it but why? The question was about replacing the devnet to be launched on the Sepolia test blockchain with a parallel network under the supervision of the team, with community support. If this is inadvisable because MaidSafe has adopted a different option then there is clearly no point in complicating matters.
Indeed.
It all comes down to whether the network that will go up to support Impossible Futures is what @loziniak@riddim and others need to push ahead with the Native Currency.
Obviously it would be just peachy if that network could be used for both efforts. But if not ( for tech reasons that I wont pretend to understand for now) then I’d hate to see Native Currency(NC) work stalled for lack of something to test on.
Ideally I’d like to see the NC coders coming together and presenting a plan for inclusion in Impossible Futures. We get the best of both worlds there. But I fully understand that is a lot easier to say than implement and time is tight.
Your query gives a distorted view of chain fees, most apps on sol force a minimum of 0.0001 sol per transfer but you could easily get your transaction through for a lot less.
Also, most users on sol add priority fees and jito fees to prevent getting meved.
my arb swaps cost me 0.03 usd today. This is a simple swap through uniswap, i have no knowledge how to reduce this fee, nor what people are paying currently for uploading to our network.
With arbitrum you can set lower fees than default too and - surprise - can get away cheaper than with standard settings too.
With setting a 0.01 gwei max fee we don’t get to your
For a swap… But e.g. To 0.02 for a tx with 18 outputs (so ~0.001 per TX output)
(just a random upload I looked up on arbiscan)
So yes your right sol is cheaper, if it is as much cheaper as you claim is highly questionable and even if it was 10x cheaper (which I doubt) that wouldn’t resolve the issue coming with Blockchain fees… It would just make it slightly less an issue for large data amounts and for home users that just want to upload their family pictures and videos the current fees are just pennies anyway and not an issue either
I’ve been thinking about this whole native currency thing and I feel the need to add something to the debate. I’m not gonna lie, I’ve always been quite happy with the introduction of a L2 token instead of native because of all the reasons the team mentioned (safer (at first), exchange adoption etc.). My opinion is rapidly shifting though and many of the reasons have also been mentioned here (less user friendly, costly at times etc.), but one very important argument that makes me feel the urge to prioritize a native currency more has not been mentioned here yet.
Ethereum is struggeling, and it’s been struggeling for a while. The main reason is L1 is simply not used as much anymore, everything has been shifting to either other chains (like solana) or ethereum L2, like the one we’re using. The problem with these layer 2’s is that they’re basically making Etheruem a massive data warehouse where L2s can store their data rent-free. What I would expect to see is Ethereum shifting their business model sooner rather than later, and if they do, taxing layer two for the chain usage will be a likely scenario.
Fees for storing data on Autonomi is already out of proportion, but if this would happen it would be disastrous if we’re not prepared.
For me the whole L2 (or even L3) concept is just temporary thing, that is why I never invested in ETH at all. It works, but it is way too complicated for average Joe.
People are used to collect points/tokens and use prepaid cards tied to specific company, but L1/L2 chains, bridges etc., those are very hard things to explain to non-tech people.