Jacob Franek, cofounder and COO of Coin Metrics, discusses why every day transaction charges on Ethereum have surpassed these on Bitcoin, what every day transaction charges replicate typically a couple of blockchain, why this alteration seems to be pushed by demand for Tether on Ethereum, and what varieties of transactions individuals are utilizing Tether for on Ethereum. We additionally cowl Bitcoin vs. its forks — Bitcoin Money and Bitcoin Satoshi’s Imaginative and prescient — and whether or not or not the latter two have gotten medium-of-exchange cash as they hoped to be, why they’re getting used extra for information storage and how much information is being saved there.

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CipherTrace: https://ciphertrace.com/unconfirmed

Episode notes:

Coin Metrics: https://coinmetrics.io

Jacob Franek: https://www.linkedin.com/in/jacob-franek-b9865039/

ETH every day transaction charges surpassed these of Bitcoin: https://cdn.substack.com/image/fetch/c_limit,f_auto,q_auto:good/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F92cbb3e2-4e28-4cd7-8557-db7eea1656c5_1200x742.png

For a number of months in 2018, ETH every day transaction charges had been increased than BTC’s: https://cdn.substack.com/image/fetch/c_limit,f_auto,q_auto:good/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fd2e5e596-39da-4c3a-a6ec-6c4277e1d210_1420x878.png

Demand for Tether on Ethereum skyrocketing: https://cdn.substack.com/image/fetch/c_limit,f_auto,q_auto:good/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F632ba7b5-de3e-4a9d-b34c-d30a32486070_1200×742.png

Ethereum processes greater than 2x transactions per day than Bitcoin: https://drive.google.com/file/d/1QD82uclQKUQXp1WT12LMuqTVobkvNKEq/view

ETH locked in DeFi rising: https://twitter.com/spencernoon/status/1174048582204309505

Gasoline per transactions rising on Ethereum, indicating transactions have gotten extra advanced: https://drive.google.com/file/d/1Q53YFSgwSgtvvd346ARdbFV2ejwX8ZLX/view

Non-ETH/ERC-20/ERC-721/Tether transactions are additionally rising: https://twitter.com/glassnode/status/1173647820580147203

Ethereum miners have been voting up the gasoline restrict: https://www.etherchain.org/tools/gasLimitVoting

Growing the gasoline restrict successfully will increase the block dimension: https://etherscan.io/chart/gaslimit

Coin Metrics’ comparability of Bitcoin forks: https://coinmetrics.io/a-comparative-analysis-of-bitcoin-forks/#more-1865

Comparability of medium of change metrics for BTC, BCH and BSV: https://cdn.substack.com/image/fetch/c_limit,f_auto,q_auto:good/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F7af691e0-7ee9-4dab-aad3-9e0a8a651542_1048x876.png

BSV getting used for information storage: https://cdn.substack.com/image/fetch/w_1100,c_limit,f_auto,q_auto:good/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Ff9d22b7a-c133-4086-a553-f7fbecb02227_1200×742.png

Nearly all BSV transactions come from weathersv app: https://cdn.substack.com/image/fetch/w_1100,c_limit,f_auto,q_auto:good/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F85817c8b-69a2-42ff-9174-ab4bb81c29e6_1200x742.png

Comparability of hash price on BTC, BCH and BSV: https://cdn.substack.com/image/fetch/w_1100,c_limit,f_auto,q_auto:good/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F4e16275d-80aa-48ca-bb84-0ddf7929be49_1387x833.png



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