One smart contract constantly attracts attention on the Ethereum gas station, regularly consuming close to 20% of all gas. This Tuesday, its gas usage was once again extremely high. The contract keeps sending out one digital asset - the LPT token of the Livepeer network.
LPT, which has no pricing information for now, is issued in a complex mechanism known as Merkle Mining. In effect, users of the Livepeer network use a small amount of Ethereum (ETH) to order a new tranche of tokens. The units are distributed by the smart contract and leave a record on the main chain of Ethereum. Howev...
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