Hey DEFI TIMES community, We talked about Ethereum’s gas fees quite a few times in this newsletter. You all know that it is costly to transact on Ethereum. It costs $10 to send a simple ETH transaction, $60 to send an ERC-20 token, and hundreds of dollars to interact with more complicated smart contracts. Today, Ethereum is not scalable for the masses, not even for the small DeFi community.
Will Gas Fees Kill Ethereum? - SUNDAY THOUGHTS
Will Gas Fees Kill Ethereum? - SUNDAY…
Will Gas Fees Kill Ethereum? - SUNDAY THOUGHTS
Hey DEFI TIMES community, We talked about Ethereum’s gas fees quite a few times in this newsletter. You all know that it is costly to transact on Ethereum. It costs $10 to send a simple ETH transaction, $60 to send an ERC-20 token, and hundreds of dollars to interact with more complicated smart contracts. Today, Ethereum is not scalable for the masses, not even for the small DeFi community.