Tell me the history of Ethereum using only Megadeth album titles - the system has failed: 2008 financial crisis - cryptic writings: bitcoin whitepaper - the world needs a hero: ethereum launches - peace sells but whoβs buying: ICO craze - risk: defi summer - killing is my business and business is good: 2021 bull run - endgame - countdown to extinction: the merge - β¦
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Since August 2023, there have been more than 300M transfers of less than 500 USDC on @base.base.eth. These small-scale transactions have totaled more than $18 billion in value. Had there been a "swipe fee", users would have paid over $300M. Instead, they paid a gas fee, typically 1 cent or less, regardless of the amount transferred. This is what all that economic looks like visualized as a heatmap.
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βthey donβt sleep anymore on the beachβ anyone going to the GYBE show at pioneer works on the 26th?
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