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Ethereum

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2021 was a sort of "coming-of-age" for many layer-one (L1) blockchain protocols because the growth of decentralized finance (DeFi) and nonfungible tokens (NFTs) forced users to look for solutions outside of the Ethereum (ETH) network where high fees and network congestion continued to be barriers for many.
 
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In essence, an NFT, or non-fungible token, is just a record that someone owns something.

That record lives on the Ethereum blockchain – an ongoing, impossible-to-fake public ledger that shows everyone who’s ever owned the thing in question. (So even if someone can copy and paste your cartoon of an ape, the real one – the only real one – is clearly and incontrovertibly yours.)

Of course, NFTs aren’t just small artworks – they can serve as contracts or tickets to events or memberships in clubs. And, in some cases, they’re shockingly valuable: it’s not unheard of for certain NFTs to run to six figures.

And, uh, people spent around £15 billion buying and selling these things last year. But that’s getting ahead of ourselves. What NFTs are, fundamentally, is that record of ownership – the thing that’s owned is almost secondary.
 
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The financial service provider announced that it has been working on expanding their payment networks to NFTs over the past year.
The firm has partnered with a number of leading NFT marketplaces to allow 2.9 billion cardholders to directly make NFT purchases without buying crypto first.
 

Garpal Gumnut

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My guess would be that there will be a big switch from BTC to Ethereum over the next month or so.

Ethereum is not just a coin but also a process...blockchain.

I quite like the idea, except that to regularise transfer of ETH and stop mining a process called MERGE will occur in August/September which has risks in an attempt to stabilise the transfer of ETH using 98% less energy.

I'm looking at ETH carefully.

I don't intend to buy atm.

BTC is toast by the way.

gg
 

moXJO

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My guess would be that there will be a big switch from BTC to Ethereum over the next month or so.

Ethereum is not just a coin but also a process...blockchain.

I quite like the idea, except that to regularise transfer of ETH and stop mining a process called MERGE will occur in August/September which has risks in an attempt to stabilise the transfer of ETH using 98% less energy.

I'm looking at ETH carefully.

I don't intend to buy atm.

BTC is toast by the way.

gg
Just wait for the "eth 2.0 merge".
That's where everyone that invested everything into eth, has to all move together into the same 1 bedroom flat.
 

Garpal Gumnut

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It is a crazy investing scenario atm no matter where one invests or in what.

ETH makes the most sense of all the Crypto trading platforms with future usefulness beyond a mere coin.

Buy the speculation and sell the news would be the best assessment.

gg
 
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