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As ConsenSys, Mastercard announce rollups, will gas fees roll out larger investors
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At press time, gas fees on Ethereum were 47 gwei, and the estimated cost of an ERC-20 transfer was about $10.25. Lower than usual, yes, but still a difficult cost to justify for many users and developers.
Luckily, there’s a growing answer to this problem – Ethereum rollups, or Layer 2 solutions that aim to cut transaction costs. What’s more, even mainstream institutions are picking up on these developments.
Both crypto watchers and more traditional investors took note when Ethereum’s software
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