Miles Arden retweetledi
Ethereum txs reaching ATH due to address poisoning attacks.
Every time the gas limit is raised and tx fees go down, it costs less to 'dust' a wallet.
For example, after Fusaka, sub-$0.01 dust txs increased by 600%.
Etherscan reported that Ethereum address poisoning succeeds about 0.01% of the time: 1 in 10,000 transfers tricks a user into sending funds to an attacker.
Actually, Ethereum might benefit from RAISING fees as they it makes address poisoning attacks more expensive and it burns more $ETH.
Emperor Osmo 🐂 🎯@Flowslikeosmo
Ethereum L1 transactions just hit an all-time high. Fees are at an all-time low. The Glamsterdam upgrade cut fees by 78%, and the chain absorbed the cost without losing users. 32.4% of all ETH is now staked. Also, an all-time high. Everyone continues to write off $ETH, while the fundamentals have never been stronger. Data: @tokenterminal
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