ens-app VS ethereum-burn-stats

First of all, this needs to be clarified: whenever someone is registering a domain name on the Ethereum Name Service app, they are minting a Non-Fungible Token from the ENS collection.

It s a scam, official adresse is https://app.ens.domains/ Don't fall for it

Just for your knowledge, ENS domain is https://app.ens.domains

All of these were created by one person, Dylan Meador, and it only cost ENS fees ($5 or more) + ETH gas fees to set them up. I'm not 100% on all the technical stuff that goes into the tech, but I'll try my best to explain. You can use a website like fleek.co to save code onto IPFS (making the data more permanently available). That produces a hash that you can add to an ENS domain on app.ens.domains and the .limo turns the .eth into a website. If one person can use four decentralized protocols/systems (ETH, IPFS, ENS, LIMO) to host an entire game, Gamestop's resources could help scale this solution (or something similar) on an L2. It would save money on servers and cut down on developer costs associated with app development for different operating systems.

The Ethereum Name Service, or ENS, is a way to send and receive coins and tokens on the Ethereum blockchain, without having to input your full wallet address. Instead, users can reserve a short name, like 'vitalik.eth' which can be input in place of the wallet address '0x83fcF5241eD5795b8f07C503C25B4c4481928348'. If you want to reserve your own ENS, head over to https://app.ens.domains/ where you can reserve your own for a fee - as long as it's not taken already! No two wallets can use the same ENS. The ENS registration itself is an NFT that you hold in your wallet, to control the ENS and verify your wallet is the true owner. https://support.blockchain.gamestop.com/hc/en-us/articles/5939992584467-How-do-I-send-or-receive-using-a-eth-address-or-ENS-

go to https://app.ens.domains/ -> pick a name you want -> register it -> in the domain settings set the controller and registrant to your reddit vault address -> now you can use your ens name instead of your reddit wallet address

Heck you can't even directly use it on https://app.ens.domains/ which has got to be the most adopted app in the web3 world.

EIP-1559 was a surprise to me in a good way. We had spent so much time imagining what it would look like, probably expecting it to be a bit rough around the edges at first. The adoption numbers at the beginning were not high (still lots of type 0/1 transactions) but the basefee was working like a charm. Props to watchtheburn.com and perema's fee feed, which I used to track the early deployment!

Transaction fees are burned, but the transactions fees are so low that the burnt amount is unnoticeable. Burns are in the tens of millions of dollars while issuance is 100x greater in the billions of dollars. Compare this to Ethereum's burn, which currently reduces issuance by nearly 60%.

Ethereum PoS is one of the ONLY networks that's expected to be deflationary due to its extremely-high fees. Ethereum PoW's amount of inflation is now offset 35% in Jun 2022 by the amount burned per transaction from EIP-1559. After the merge, the issuance is expected to drop 80%, making Ethereum PoS the first popular blockchain that will have supply deflation and become a positive-sum investment.

Much love and respect to the individuals/teams that coded and hosted watchtheburn.com 🔥 for the last year. They kept the site up a few days longer than they initially planned for, but have now officially shut down.

WatchTheBurn shows a total of 3,099,476 ETH since eip1559

https://watchtheburn.com/ is closing down?

look at the tips column of this website https://watchtheburn.com/ to see what miners are earning now.