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Short thread about Ethereum utilization

1/
According to @etherscan, one of the addresses consumes ~8.5% of all daily gas. It is really a lot, compared to the next address, that alone consumes “only” 1.66%. Hmm, maybe it’s an exchange? @PaxosGlobal @stephendpalley @VitalikButerin
2/
Scarcely so. It calls a smart contract, which involves ~15% of total Tx Count for the last 1500 blocks, according to @ETHGasStation. Nobody published code, so we can’t make any assumptions based on it. The contract is full of @PaxosStandard transfers, - a kind of gateway?
3/
Missed again! The contract is 7th in top PAX holders with 1.86% of total supply (~3.8% of circulating supply), but not affiliated with PAX. Blockchain analysis twice returns a reference to this contract as an argument in setGame(address _gameAddress) function. Still a game?
4/
Yep, a Ponzi game. Once invented in the CIS, the MMM brand now has entered the global market and begun to use PAX for their affairs. Earlier scammers used ether (Fairwin) or their muddy tokens (HEX), now they use regulated stablecoin like PAX. Can something face down them? Image
5/
I’d really want a competent lawyer to comment on that. Imagine an American citizen participates in this affair and doesn’t receive a refund. Can they sue, which ultimately will lead to a freeze of the funds of the entire Ponzi contract and reduce the network congestion?
6/
Top gas consumer’s address: etherscan.io/address/0xbe65…
MMM Ponzi contract: etherscan.io/address/0x8a91…
PAX holders: etherscan.io/token/0x8e870d…
Etherscan Gas Tracker: etherscan.io/gastracker?gas…
ETH Gas Station: ethgasstation.info/gasguzzlers.php
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