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      "body": "ETH MAINNET GAS FEES MADE ME CRY, YOU SHOULDN'T\n![bright-red-light-effect-room-260nw-1478026916.png](https://cdn.steemitimages.com/DQmfVewxrEVov1e5TKFUZ6Nu39LTmWQrbjCSNofbxu3NPjJ/bright-red-light-effect-room-260nw-1478026916.png)\n\nFirst, lets get to the WHY of you should make xDAI chain your native home in metamask? \n\nEvery activities like approving your token to spend, swapping, sending, receiving (which in eth language is contract) are ridiculously expensive in Eth MainNet compared to xDai ChainNet. \nRelate this figure:\n\n![aaaaa.png](https://cdn.steemitimages.com/DQmQLimzy6zx9P1vpsvUWgi4od8JddoZxY7hd7gXGxzAbnD/aaaaa.png)\n\nSo, if you want to do LONG TERM HODL which means if you are absolute sure that you are not going to spend that asset ,or feel the need to swap it to another token ,or say provide liquidity for 2-3 years, then there's no problem saving it in eth mainnet wallet. Afterwall, major exchanges like coinbase, binance only supports receival of that token only from eth mainnet wallet address.\nOtherwise, if you feel the need to do all those activites mentioned above with the token, then preserve it in xDai net. Gas fees is 13000 times cheaper in xDai. \nEth mainnet will SWALLOW you up with gas fees without you even noticing it at once.\n---------------------------------------\nSecond, lets get to the HOW of  adding xDAI chain on your metamask.\n\n![aaaaaa.png](https://cdn.steemitimages.com/DQmWyeBAQhMmmNde37ncZJerHGALYQayTVMVjy3CM3K48y8/aaaaaa.png)\n\n\n\nStep1 a: Click the circle on Metamask\nStep1 b: Click add Network\n\nStep 1 c: Add this in the respective boxes:\n\nNetwork name: xDai\nRPC URL: https://xdai.poanetwork.dev\nChainID: 100\nSymbol: xDai\nBlock Explorer URL: https://blockscout.com/poa/xdai\n\nStep 2: Buy Dai on Uniswap (Switch back to the Eth Network) \nStep 3: Convert Eth Network Dai to xDai Network (go here: https://dai-bridge.poa.network/ )\nStep 4: Switch to xDai Network\n\na->Go to Honeyswap.org for swapping tokens from one to another.\nb->Go to https://dai-bridge.poa.network for converting your Dai token in eth mainnet to mint native xDai. This xDai will be the gas fees here in xdai, just like eth is gas fees in eth mainnet. \nc->Go to https://xdai-omnibridge.web.app/ for converting any of erc20 tokens in xDai net back to same erc20 tokens in eth mainnet. This service works vice versa also, meaning converting any in eth mainnet back to xDai. \n Novice alert: Do not make mistake of converting Dai in eth mainnet to Dai in xDai net using option c. Yes, it will convert but it will not be xDai. There's b for that.",
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      "parent_permlink": "optimistic",
      "author": "cryptonauthop",
      "permlink": "why-optimistic-rollup-is-better-than-zk-rollup-which-scales-better",
      "title": "Why Optimistic Rollup is better than ZK rollup?- Which scales better?",
      "body": "@@ -563,11 +563,485 @@\n pg)%0A\n+PS1: In above image, miners can earn NOT ONLY from block rewards, transaction fees, front-running (not many are aware of it but there are few groups effectively doing it), slow market arbitrage (simultaneously buying and selling same quantity of some entity at different exchange to take advantage of price difference),  BUT ALSO from speed-up or cancel transaction service as some transaction seem to stuck forever as done by https://cancel-ethereum-transactions.web.app/)\n %0APS\n+2\n : Pa\n",
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{
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  "block": 48824205,
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  "op": [
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    {
      "parent_author": "",
      "parent_permlink": "optimistic",
      "author": "cryptonauthop",
      "permlink": "why-optimistic-rollup-is-better-than-zk-rollup-which-scales-better",
      "title": "Why Optimistic Rollup is better than ZK rollup?- Which scales better?",
      "body": "![ddddd.png](https://cdn.steemitimages.com/DQmWLpm8j2zsSrh6a1wnWpVoTU57c4uaWyv9GkYKwLFejBE/ddddd.png)\n\nOk, lets start from basics, google's 'define: rollup' in finance is:\n denoting an investment fund in which returns are reinvested and tax liabilities can be reduced.\n\nSo, in Ethereum Kingdom, \nwe have this below eco-system going on, an excerpt from Karl Floresch 2019 slides:\n\n![92571802_2692624287634943_8003669155209281536_o.jpg](https://cdn.steemitimages.com/DQmNe7ecqboiMYVSbbwgiXfmASJZvWHfSt3GP9psPRSWC5S/92571802_2692624287634943_8003669155209281536_o.jpg)\n\nPS: Pardon me if above image does not relate well to ZK-rollup and optimistic rollup context but I intuite so.\n\nZero.Knowledge- Rollup is about the options being developed for layer 2 construction that increases scalability through mass transfer processing rolled into a single transaction. Where Plasma creates one transaction per transfer, ZK-Rollups bundle hundreds of transfers into a single transaction.\n\nBut communities more love Optimistic Rollup as it is also a layer 2 technology which scales Ethereum smart contracts and DApps up to 100 – 2000 transactions per second (TPS). ... Sidechain users and operators maintain the sidechain and ensure valid state transitions are committed to the mainnet contract\n\nas full details can be found in https://ethgasstation.info/blog/what-is-optimistic-rollup-ethereums-latest-layer-2-scaling-solution/\n\nSo, latest developments in optimistic rollup have been Optimistic Virtual Machine = [OVM] (https://optimism.io/)and now, [synthetix assets can directly be staked in OVM testnet] (https://blog.synthetix.io/second-ovm-l2-testnet-snx-distribution/)\n\n\n![aaaaa.png](https://cdn.steemitimages.com/DQmNte62bqBek82nUUzWTzzfSG4rcKPmnz9MC9mmLfQ6he5/aaaaa.png)",
      "json_metadata": "{\"tags\":[\"optimistic\",\"rollup\"],\"image\":[\"https://cdn.steemitimages.com/DQmWLpm8j2zsSrh6a1wnWpVoTU57c4uaWyv9GkYKwLFejBE/ddddd.png\",\"https://cdn.steemitimages.com/DQmNe7ecqboiMYVSbbwgiXfmASJZvWHfSt3GP9psPRSWC5S/92571802_2692624287634943_8003669155209281536_o.jpg\",\"https://cdn.steemitimages.com/DQmNte62bqBek82nUUzWTzzfSG4rcKPmnz9MC9mmLfQ6he5/aaaaa.png\"],\"links\":[\"https://ethgasstation.info/blog/what-is-optimistic-rollup-ethereums-latest-layer-2-scaling-solution/\",\"https://optimism.io/\",\"https://blog.synthetix.io/second-ovm-l2-testnet-snx-distribution/\"],\"app\":\"steemit/0.2\",\"format\":\"markdown\"}"
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      "parent_permlink": "sha",
      "author": "cryptonauthop",
      "permlink": "what-is-sha-algorithm-or-hashing-is-this-concept-only-in-crypto-world",
      "title": "What is SHA Algorithm or Hashing? Is this concept only in Crypto World?",
      "body": "@@ -1,12 +1,15 @@\n !%5B\n-hj\n+aaaaa\n .png%5D(ht\n@@ -43,61 +43,65 @@\n /DQm\n-WFPdRfmwbMiUGPZ2ut3L6rwQwRrSwoPVeizF2KSBsV5H/hj\n+ay6bbhxkrwjcNsN1CkNyuGL58MMqyoAHkE2SMehJY5tH/aaaaa\n .png)%0A\n+%0A\n Well\n",
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      "permlink": "dissecting-hard-forks-and-quadratic-voting",
      "title": "Dissecting Hard Forks and Quadratic Voting",
      "body": "@@ -1,38 +1,108 @@\n-some of the misunderstood terms:%0Ah\n+!%5Baaaaa.png%5D(https://cdn.steemitimages.com/DQmUGxZf4RfrLLWyEtMZsxAkRohPJQNX5MMPDwbhRJUvE9K/aaaaa.png)%0A%0AH\n ard \n",
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      "author": "adaminssane",
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{
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  "timestamp": "2020-11-22T14:57:00",
  "op": [
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    {
      "parent_author": "",
      "parent_permlink": "bitcoin",
      "author": "cryptonauthop",
      "permlink": "battle-of-giants",
      "title": "BATTLE OF GIANTS",
      "body": "![aaaaa.png](https://cdn.steemitimages.com/DQmNn9swdYmkSPLAK7mgBvec1YUTYezgSE91r9XVFHhuNv3/aaaaa.png)\n\nBuy bitcoin bitcoin bitcoin, does that sound FOMO? (of course i am not stupid to buy btc this late)\nwell get ready for different jarheads. well btc is all over airways because it shattered 18.5k ceiling, rising basically nonstop BUT BUT BUT there is bigger opportunity lying somewhere else.\nbtconethereum.com tracks live how much cap HODLers are transferring their assets from bitcoin HODL to eth HODL. This trend has been blastoff since Aug2020. Out of total 21M btc supply that will ever be made,  0. 73 % of total supply is on eth now.\nEth's DEFI is swallowing btc much faster and faster.\nSo, Eth looks more bullish than btc on long run. As we see on above links, we see 1% of btc is locked on eth in 2020, 5% in 2025 and 10% in 2030 and these are low estimates.\nNow, if we see btc UTXO= unspent tx output, its what wallets have left after doing btc tx. thus , we can use btc UTXO to track how much btc has been held in the last wallet (-https://bitinfocharts.com/top-100-richest-bitcoin...). so, we can see 70% of btc has not been moved at all through all these years.\nSo, isnt that bullish for btc? well, yeah, holding it and not adding it to trading supply is bulish cause based on supply and demand rule\nBUT AT SAME TIME, not to be forgotten is: 30% of btc have been moved under a yr ,and 1% of that 30% move with the bulk of it in last 3 months was to ETHEREUM.\nSo, hmmm, those btc moving to eth would be there for sometime to earn 32 eth staking interest so, eventually large bulk would turn into 1+ year UTXO. that would look good for BTC in chart but in reality, its not unless btc embraces eth as LAyer2 solution but IMO, its not happening. \nSo, why is that bad? well, based on btc's PoW algorithm, you have to keep miners happy. btc inflation rate is currently at 1.8% and after next halving in 4 yrs (btw, fyi: for each successful block, miners were paid 12.5 btc till 2012, then 5.25 btc till 2016, now its 2.125), btc inflation rate will be <1%.\nRemember: eth may be taking 1% of btc supply per year. so by 2024, 4% of btc will already be there on eth and then its going to take more than inflation rate too. \n\n![happy-birthday-to-you-wishes-wishing-greeting-ecards-wallpapers-in-Nepali-language-and-font-sandesh-messages-quotes-9.jpg](https://cdn.steemitimages.com/DQmPuDUf3zseaXuF4WqMyQhZLpUkj9M32xfhoSJ7TnXuYxi/happy-birthday-to-you-wishes-wishing-greeting-ecards-wallpapers-in-Nepali-language-and-font-sandesh-messages-quotes-9.jpg)\n\nAs time goes on, 2030 new btc rewards by mining will be under 0.5% , on other side, >10% btc will be moved to eth by 2030 because lucrative staking reward on eth. relate this paragraph to chart 2.\nso, with new btc supply diminishing and reaching flat, more btc moving to eth, btc being stored as HODL, and more world economic activities happening on eth, guess which will be better long term assets. It is ETHEREUM",
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      "title": "THOUGHT PROVOKING MEME-II",
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      "permlink": "thought-provoking-meme-ii",
      "title": "THOUGHT PROVOKING MEME-II",
      "body": "Where to Invest - Stone Man Guide\n![117207879_2801793643384673_5710458566935429557_o.jpg](https://cdn.steemitimages.com/DQmWc3C6gKmQMEsLh9Svto3SQYWMzX1ifaVV9RwCydk3Gwx/117207879_2801793643384673_5710458566935429557_o.jpg)\nSometimes, It can be confusing!",
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