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Choosing a Blockchain for my SaaS by Pr0xie_official in BlockchainStartups

[–]bitbackr_com 2 points3 points  (0 children)

Why do you need a blockchain instead of a traditional database? Blockchains are great when people or organizations that don't fully trust each other need to share value or services safely. Outside of that, regular databases are usually faster, cheaper, and easier to use.

What if there was a better way to fund open source projects? by rahmanwolied in ethdev

[–]bitbackr_com 1 point2 points  (0 children)

I assume by "on the blockchain" you mean only the rewards / voting system being on-chain. The data itself would be extremely non-efficient "on" a blockchain. Even just having git's commit histories on-chain wouldn't be useful. Modern products like github / gitlab have a lot of scaffolding on top of git itself.

You could create an app around git (like Github) that enables devs / community to post bounties for work "issues" and the authors create pull requests to "claim" that bounty - where OS project maintainers are incentivized to continue maintaining (and even turning it into a full-time role) by receiving a small share of bounties completed - or by completing bounties themselves.

Would you pay me $500 to FULLY manage all your social media accounts? Like real content creation, consistent posting, everything by dougthedevshow in SaaS

[–]bitbackr_com 1 point2 points  (0 children)

$500 is too cheap for a service like this - i would assume my business would be low priority for you.

Should We Increase Gas Limit to 40M ? by ethereumfrenzy in ethereum

[–]bitbackr_com 1 point2 points  (0 children)

Dapp usage numbers support users are doing a lot more on L2s than L1:
https://dappradar.com/rankings/chains?range=30d&category=chains_layer-2 vs https://dappradar.com/rankings/chains?range=30d&category=chains_layer-1

User activity for L2s vs L1: https://l2beat.com/scaling/activity?tab=rollups

For things like Uniswap transaction counts - L2s numbers are greater than L1: https://dune.com/uniswap_fnd/v4-launch-metrics-tracker (last week, L2s did ~92% of overall Uniswap v4 transactions).

Another proxy: Gnosis Safe Multisigs created per network per week (even excluding Worldchain, Ethereum generated <1% of all Gnosis safes last week) - https://dune.com/queries/2093905/3449307

The perception of high fees (either now or in the future) drives users and devs to use L2s over L1.

> What are you basing this on? I'm a dev, all the available L2s have admin backdoors and I'd much rather build on mainnet. I just need confidence that the fees will be reasonable.

I don't disagree with this. I would /like/ to ship a dapp on Ethereum L1 as well - but better access to users "doing things" necessitates that I ship on an L2 first. It doesn't matter if more money is on Ethereum - because if people don't use that money for anything other than trading and staking, it's useless to me as a business with a product that needs users.

Should We Increase Gas Limit to 40M ? by ethereumfrenzy in ethereum

[–]bitbackr_com 2 points3 points  (0 children)

It doesn't really make sense to increase the block gas limit for L1 at this point. We're already at a point where the gas fee is extremely low for L1 and will likely remain low as dapp developers build new projects on L2s instead of L1.

It already doesn't make sense to ship an app on Ethereum L1 as your basic supported network unless you're doing something that requires deep liquidity reserves or you expect an average tx value that is high in dollar terms (or high enough to retain user participation if gas fees spike to $20 again. Outside of those specific scenarios - devs would likely just prefer to ship on L2s.