PxN Papers

A publication of the Phantom Network (PxN). We bring to you all things PxN and web3. Tune in to our Podcast on Spotify and Apple Podcast.

[cygaar @0xCygaar]

People keep saying "Solana will have to increase fees and it'll end up just like Ethereum".

Not quite - Ethereum is like this because it has low hardware requirements to maintain a high lvl of decentralization to support its rollup-centric roadmap.

Solana will probably have to incorporate some dynamic fee structure to prevent spam, but it almost certainly won't end up like Ethereum. I don't expect $50 tx fees anytime soon.

It runs on more powerful machines with a parallelized VM. This means fewer validators and less potential for decentralization, but higher TPS and lower fees compared to Ethereum.

Ethereum and Solana have different priorities. I expect Solana fees (once implemented) to still be quite low when compared to Ethereum, as the base layer experience is imperative to Solana's success.

[PxN Papers @PxNPapers]

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[PxN Papers @PxNPapers]

What's new in #crypto? Read on! #pxnpapers

🧵1/7

Judge overseeing FTX's bankruptcy proceedings has given the approval to sell some of its assets, including derivatives platform LedgerX, stock-clearing platform Embed and its regional arms, FTX Japan & Europe to repay creditors.

[PxN Papers @PxNPapers]

The millions will be distributed amongst a select group of victims, but thousands more were affected by the $2.4 billion fraudulent scheme.

[PxN Papers @PxNPapers]

It's GM time! #pxnpapers #NFTCommunity

[Phantom Network @projectPXN]

PXN PAPERS //ISSUE 26

Together, let's make our mark
https://t.co/HgMdXXgabh

[PxN Papers @PxNPapers]

Want more? Follow us and hit that notification bell. 🔔👻

[PxN Papers @PxNPapers]

Here is some #NFT news just for you. #pxnpapers

🧵1/4

Attention: Hackers are hiding malware in fake NFT game. A phishing website offering Pokemon-branded NFT card game has been spreading malware to people who download the game.

[PxN Papers @PxNPapers]

🧵4/4

Gabriel Leydon, CEO of Limitbreak and Digidaigaku announces that they have come up with a programmable royalty solution and will be having a thread and blog post tomorrow.

https://t.co/Rhw3NLICbX

[Gabriel Leydon @gabrielleydon]

The @limitbreak programmable royalty solution should be out tomorrow!

Caution ⚠️

We will be having a mega thread and blog post! 🫡