Bevan Barton

Peeps by @owx17666

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Replying to @Crypt0Panda (0x43f23b601bae4f98b535665fec67508807426c85)

yo this is sick

Yo, CJ!

Jul 19, 2021 20:33

Replying to @owx17666 (0x807335166c4ad6dbc6e6d63f7803655ca184b758)

It turns out actual peeps are not stored on Ethereum. What is stored there is a static link to specific IPFS (decentralised data storage, see ipfs.io) location. New peeps are pushed to this db. It costs no fees. Ethereum state does not need to change when new peeps arrive.

Jul 19, 2021 20:31

Replying to @ryanstraight (0x5accc93e391328a2a2e4e69b197a6da186a6ec9e)

Since the peeps are only batched once an hour into Mainnet, the platform is paying the gas and there's only 24 transactions per day regardless of activity on the site. (I believe. See https://www.reddit.com/r/ethereum/comments/9p24mb/peepeth_is_now_free/)

It turns out actual peeps are not stored on Ethereum. What is stored there is a static link to specific IPFS (decentralised data storage, see ipfs.io) location.

New peeps are pushed to this db. It costs no fees. Ethereum state does not need to change when new peeps arrive.

Jul 19, 2021 20:31

Here's a question about peep:

So writing something to Ethereum blockchain costs gas, right? How come peeping is feeless? How are peeps stored on the eth blockchain but costs no gas?

Jul 19, 2021 19:54

Replying to @MrBojangles (0xc5a9fbab1969e6e5a5c8f7a100dccdf6e6be086b)

Peepeth mentioned on /r/Ethereum drop by and spare an upvote and grow the community. https://www.reddit.com/r/ethereum/comments/on9sf7/for_everyone_talking_about_aave_building_twitter/

That's the reddit post that led me here!

Hello!

Jul 19, 2021 19:52

What the peep!?

Jul 19, 2021 19:47
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