THELOGICALINDIAN - Twitter aloof enabled Ethereum wallets to the angled jars affection on creators profiles The account was met with skepticism and jokes from users who acicular out that it would not be applied to accelerate tips application a arrangement that can allegation you gas fees abundant college than the money you appetite to send
What Are Twitter Tips
The belvedere explains that “Tips is a affection that lets you add links to baddest third-party acquittal casework to your Cheep profile.” Meaning that application it you can either get paid tips –as a agreeable architect with a community– or accelerate tips to whoever uses the feature.
Bitcoin was the aboriginal agenda bread accessible in the feature. They additionally accommodate acceptable third-party acquittal companies Venmo, Cash App, GoFundMe, Patreon, and Wealthsimple.
“Through Tips, you’ll additionally be able to archetype someone’s Bitcoin or Ethereum abode and adhesive their abode into whatever wallet you use,” explains the platform. Twitter claims that users accumulate 100% of the tip they receive. This does not booty into annual the fees that third-party acquittal casework may charge.
Anyone who is at atomic 18 years old and agrees to their General Tipping action can request, receive, or accelerate tips. At the moment, the affection is alone accessible for iOS and Android phones.
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Gas Fees And the Most Expensive Tips Ever
Some users jokingly said that Jack Dorsey is punching the air appropriate now. The above Twitter CEO is accepted as a bitcoin maximalist, and he has about absolved added agenda coins. Many accept that the latest Ethereum-related appearance launched on Twitter would not accept gone through with Dorsey still in charge.
Other jokes met a accepted complaint about the ethereum network: gas fees.
A user said “Who in their appropriate apperception is activity to tip you in $ETH back the gas fees agree to demography out a loan?” and addition one tweeted “can’t delay to pay $40 in #ETH gas fees to tip $2 on Twitter.”
Ethereum faces a scalability botheration that has fabricated the gas fees appropriate to accomplish affairs unaffordable at times. However, the EIPs (Ethereum Internet Proposals) are meant to advice the bearings and band 2 ascent solutions like ZKSync and Polygon (MATIC) already appearance improvements as apparent below.
Recently Ethereum gas fees went bottomward by q from the mid-January boilerplate of $52.46. Etherechain.org reports that the gas amount for a accepted alteration is about 40 GWei ($2.62) at the time of autograph and almost 90 GWei ($6.19) for accelerated transactions. The fees had not been this low back September 2021 back they were about $15.
According to l2fees.info data, the fees are abundant lower for L2 protocols to about $0.19 per transaction as apparent below.
Ethereum is affective appear a Proof of Stake archetypal and L2 protocols are meant to advance into a point area gas fees become a botheration of the past, but at the moment users still accept to be accurate of the amount swings back sending transactions. As apparent in the afterward chart, the prices can alter a lot in a week.
There are abounding tricks and calculators that can advice accomplish a transaction back ETH gas fees are low, but do users what to go through all that aloof to accelerate a tip? They can additionally tip with Bitcoin by application Strike, a payments belvedere congenital on the Lightning Network, which usually costs a few cents or beneath to accomplish a transaction.
So rather than acknowledging the Ethereum network, did Twitter aloof administer to highlight Ethereum’s anemic points?
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