DFINE NEWS CHANNEL

Forwarded from Dalemat

Hello dfine community. Due to high gas fee and congestion on the ethereum network. its making it difficult for retail investors to interact with the network.

Although Ethreum is the best choice for DEFI projects because of its robust decentralisation and security but the fee is prohibitive now.

As a result we have been looking for other suitable alternatives

Below are some possible choice with its merit and demerits. we want the community to vote on which of them they will prefer as an altenative.

1. Binance Smart chain BSC:Not as decentralised as Ethereum but quite popular and as decent amount of users compared to eth. It also comes with little or no friction for users if we decide to switch to BSC. It will require the team to deploy a new dfine and dgovn token but users dont need to do anything to get the tokens. A snap shot of the eth blockchain will be carried out and the new chain tokens airdrop to users and holders.

2 Xdai and matic: This is a layer 2 solution for ethereum. it is not as decentralised as ethereum. it has more friction in switching as users will have to pay gas to move to and fro. It is not as liquid as binance smart chain but offers the advantage of switching back to ethereum by aid of a bridge with of course gas fees which users are trying to avoid. In this case Admin/dev dont need to deploy a new token but can make use of the native dfine token.

The above solutions can be switched to within 24 to 48 hrs. But we would like the opinion of the community the chain they prefer. In terms of ease of use and better fee.

We shall post a vote form for users to choose from. The most popular vote will be implimented within 2 weeks or less

Thank you

www.tgoop.com/dalecoin/660

385 viewsMar 27, 2021 at 13:54

Hello dfine community. Due to high gas fee and congestion on the ethereum network. its making it difficult for retail investors to interact with the network.

Although Ethreum is the best choice for DEFI projects because of its robust decentralisation and security but the fee is prohibitive now.

As a result we have been looking for other suitable alternatives

Below are some possible choice with its merit and demerits. we want the community to vote on which of them they will prefer as an altenative.

1. Binance Smart chain BSC:Not as decentralised as Ethereum but quite popular and as decent amount of users compared to eth. It also comes with little or no friction for users if we decide to switch to BSC. It will require the team to deploy a new dfine and dgovn token but users dont need to do anything to get the tokens. A snap shot of the eth blockchain will be carried out and the new chain tokens airdrop to users and holders.

2 Xdai and matic: This is a layer 2 solution for ethereum. it is not as decentralised as ethereum. it has more friction in switching as users will have to pay gas to move to and fro. It is not as liquid as binance smart chain but offers the advantage of switching back to ethereum by aid of a bridge with of course gas fees which users are trying to avoid. In this case Admin/dev dont need to deploy a new token but can make use of the native dfine token.

The above solutions can be switched to within 24 to 48 hrs. But we would like the opinion of the community the chain they prefer. In terms of ease of use and better fee.

We shall post a vote form for users to choose from. The most popular vote will be implimented within 2 weeks or less

Thank you

BY DFINE NEWS CHANNEL