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Elon Musk forecasts Dogecoin payment option for buying Tesla cars 'at some point'Elon Musk stated that people would even...
03/14/2024

Elon Musk forecasts Dogecoin payment option for buying Tesla cars 'at some point'
Elon Musk stated that people would eventually be able to purchase Tesla automobiles with Dogecoin DOGE +7.73% cryptocurrency during his recent visit to the company’s manufacturing plant, Giga Berlin. The car company already lets users purchase merchandise with Dogecoin.

“When can you buy Tesla with Dogecoin? At some point, I think we should enable that.” Musk said in a video uploaded by X user , answering a query about car purchases with Dogecoin. “You can buy Tesla merch with Doge, which is cool. So, Dogecoin to the moon.”

Musk has previously expressed his fondness for the dog-themed memecoin on multiple occasions.

His latest support for the token follows his comments that may indicate a waning interest in cryptocurrencies in general. Last year, Musk mentioned that he no longer devotes much time to thinking about cryptocurrencies. The CEO of Tesla also stated on X that the social media platform, formerly known as Twitter, would “never” launch a crypto token.

https://www.theblock.co/post/282407/elon-musk-tesla-with-dogecoin

Ethereum Layer 2s show a dramatic drop in transaction fees after DencunYesterday’s Dencun upgrade on Ethereum appears to...
03/14/2024

Ethereum Layer 2s show a dramatic drop in transaction fees after Dencun
Yesterday’s Dencun upgrade on Ethereum appears to have fulfilled its promise of reducing transaction costs on Layer 2s.

Major Layer 2 chains that implemented blobs have seen their average transaction fees drop dramatically.

For the uninitiated, the upgrade provided Layer 2s with a new transaction type called blobs. These blobs serve as a new point of location for the chains when posting information on Ethereum, instead of the traditional “calldata” method, offering a direct path to fee reduction.

Data from Layer 2s, such as in the Optimism ecosystem, including OP Mainnet, Base, and Zora, as well as others like zkSync and Starknet, all indicate a drop in transaction fees of several folds.

https://www.theblock.co/post/282417/ethereum-layer-2s-show-dramatic-drop-in-transaction-fees-after-dencun

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