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Lei Yang

πŸ‘€ Speaker
495 total appearances

Appearances Over Time

Podcast Appearances

Bankless
MegaETH Mainnet is Live! β€” The Next Era of Ethereum Scaling

It's like the same server, same IP address.

Bankless
MegaETH Mainnet is Live! β€” The Next Era of Ethereum Scaling

Same configuration, same admin keys.

Bankless
MegaETH Mainnet is Live! β€” The Next Era of Ethereum Scaling

So exactly the same.

Bankless
MegaETH Mainnet is Live! β€” The Next Era of Ethereum Scaling

Everything is the same.

Bankless
MegaETH Mainnet is Live! β€” The Next Era of Ethereum Scaling

Like I feel bad because we're kind of spamming the chain a bit too much.

Bankless
MegaETH Mainnet is Live! β€” The Next Era of Ethereum Scaling

Yeah, so the token transfer is what, 0.01 cent per transaction.

Bankless
MegaETH Mainnet is Live! β€” The Next Era of Ethereum Scaling

And we can do a quick calculation.

Bankless
MegaETH Mainnet is Live! β€” The Next Era of Ethereum Scaling

$1.1 million, I would say.

Bankless
MegaETH Mainnet is Live! β€” The Next Era of Ethereum Scaling

$1.1 million over seven days?

Bankless
MegaETH Mainnet is Live! β€” The Next Era of Ethereum Scaling

I think so.

Bankless
MegaETH Mainnet is Live! β€” The Next Era of Ethereum Scaling

Let me check.

Bankless
MegaETH Mainnet is Live! β€” The Next Era of Ethereum Scaling

So three zeros, one B, K, 11.4.

Bankless
MegaETH Mainnet is Live! β€” The Next Era of Ethereum Scaling

Yes, 1.14 million.

Bankless
MegaETH Mainnet is Live! β€” The Next Era of Ethereum Scaling

Yes.

Bankless
MegaETH Mainnet is Live! β€” The Next Era of Ethereum Scaling

I think, so we have actually a comparison.

Bankless
MegaETH Mainnet is Live! β€” The Next Era of Ethereum Scaling

I think we are among the cheapest to transact on.

Bankless
MegaETH Mainnet is Live! β€” The Next Era of Ethereum Scaling

And I think I do want to highlight something, which is it's actually pretty easy for you to build a chain and run a chain that is cheap when no one's actually using it or when the number of users is small.

Bankless
MegaETH Mainnet is Live! β€” The Next Era of Ethereum Scaling

But it's actually pretty hard for you to sustain that low transaction cost when you are pushing to

Bankless
MegaETH Mainnet is Live! β€” The Next Era of Ethereum Scaling

what, on average 15.5K transactions per second.

Bankless
MegaETH Mainnet is Live! β€” The Next Era of Ethereum Scaling

It's all market dynamics, right?