The Ethereum blockchain, the powerhouse behind countless decentralized applications (dApps), has long wrestled with a nagging problem – the soaring gas fees. These fees, acting like transaction costs, have posed obstacles to the network’s usability and accessibility for numerous users. A new proposal from developers has been making the rounds to address these.
As this story develops, two cryptos are plotting a 100x journey: Arbitrum (ARB) and the emerging crypto InQubeta (QUBE).
Ethereum Gas Fees on a Quest for Affordability
Imagine navigating through a bustling marketplace, each transaction burdened with hefty fees. This scenario rings true for many Ethereum network users grappling with skyrocketing gas fees. In response, Eric Connor and Mariano Conti have put forth a bold solution – a substantial increase in the gas limit from 30 million to 40 million.
This seemingly small adjustment holds significant promise, potentially slashing transaction costs by 15% to 33%. But there’s more at play than meets the eye. The proposal also includes tweaks like boosting the blob count and applying EIP-7623, all geared toward streamlining transactions and enhancing affordability.
This daring move has sparked the “pump the gas” campaign, a rallying cry reverberating across the Ethereum community. By mobilizing solo stakers, client teams, staking pools, and every corner of the ecosystem, Connor and Conti aim to drum up support for their proposed changes. Their dedicated website serves as a central hub, offering in-depth insights and actionable steps to garner widespread backing.
However, this proposal has sparked a necessary conversation within the Ethereum community. While the prospect of reduced transaction costs is undoubtedly enticing, some stakeholders have raised concerns about the potential strain on node operators and the network’s overall scalability. These discussions underscore the complexities of optimizing a multifaceted network like Ethereum, highlighting the importance of a balanced approach.
Enter Arbitrum and InQubeta: Riding the Ethereum Wave
As Ethereum grapples with its internal gas woes, alternative solutions like Arbitrum are gaining traction. Operating atop Ethereum, Arbitrum offers faster transactions and lower fees, drawing in beginner cryptocurrency enthusiasts. This surge in popularity is evident in the remarkable 98% price increase of ARB tokens over the past month.
Yet, the narrative extends beyond scaling solutions. InQubeta, an AI-powered investment and blockchain ICO platform, is deeply intertwined with Ethereum’s journey. Running on the Ethereum network, InQubeta utilizes AI to simplify investment processes for both startups and investors.
With its presale entering its final stage—Stage 9, featuring QUBE tokens priced at $0.028 and having raised over $12.7 million—InQubeta emerges as a significant player in the landscape of AI token investments for 2024.
InQubeta: An AI Token Poised for Takeoff?
After the recent SEC decision on Bitcoin ETF, many analysts are predicting a major crypto boom this year, marking the end of the recent cryptocurrency winter. InQubeta is well-positioned to capitalize on this upswing, with several factors fueling its potential:
Undervalued Tokens
At $0.028, QUBE tokens offer a potential entry point for beginner cryptocurrency investors seeking value. Analysts predict significant growth, with some projections reaching several dollars per token in the next few years.
Democratizing AI Investment
InQubeta’s fractionalized NFTs make AI investment accessible to a broader audience, even those with smaller budgets.
Utility and Governance
QUBE ERC20 coins are the lifeblood of the InQubeta NFT marketplace, used for transactions and serving as governance tokens, empowering users to influence the platform’s direction.
Riding the Ethereum Wave
InQubeta’s success is intrinsically linked to Ethereum’s growth. As Ethereum tackles gas fees and scales, InQubeta’s user base and functionalities are likely to flourish.
Final Thoughts
Ethereum’s gas fees have been a pain point for a while, but a proposed gas limit hike and the rise of layer-2 solutions like Arbitrum are signs that the crypto world is constantly innovating. If the proposal goes through, Ethereum could become more affordable and scalable, ushering in a new era for blockchain.
Meanwhile, InQubeta’s platform offers a glimpse into the future of decentralized investing powered by AI. If you’re interested in riding the AI boom, check out their website to learn more and join their Twitter community to stay on top of the latest developments.
