Ethereum is on Publish0x!(plus more changed features)

Ethereum is on Publish0x!(plus more changed features)

By MadMaxx | Psycho Crypto | 6 Aug 2020


Hey guys, welcome to another post.

Publish0x just launched ETH and I just got my first tip in ETH! Let's talk about what this means for the platform going forward, as well as some changes that have also been made.

Gas fees are stupid high nowadays. In order to continue this great agenda, Publish0x had decided to do two things:

  • Launch ETH 
  • Increase minimum withdrawal to $1 across all cryptos.

How does the launch of ETH change things?

Well, sending ETH to an ETH address is much cheaper than sending an ERC-20 token to an ETH address. I'm not sure why this is so, but it is so.

By adding ETH to the contract for sending, Publish0x can significantly reduce the fees required to send the other tokens we earn here.

Also, they raised the minimum withdrawal to $1. This also helps the process by making the contract sizes bigger than before,which allows them to send bigger sizes at once. This is also cheaper since it costs the same amount of gas to send both $1 and $1000 on the ETH blockchain.

 

What does adding ETH mean for the future of the platform?

I've already explained this in an article before ETH was launched, but I'll summarise it here.

Basically, this cements the "0x" name. Publish0x would also be seen as a leader in the blockchain publishing platform game by launching the ETH tipping option. This is a big step for Publish0x, and by extension a big step for us.

I feel that at some point, Publish0x would be this sort after publishing platform where it would be hard to get membership. That's just me though.

What do you think of this new development? Let me know down below!

 

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MadMaxx
MadMaxx

In the eternal quest for crypto fulfilment. I'm an obese frog on the internet, what I say most definitely isn't financial advice.


Psycho Crypto
Psycho Crypto

Fun experiments with crypto!

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