Today news
About the same in other media
Layer-2 and multi-chain DeFi platforms see record inflows as Ethereum fees soar
Reading now: 531
High transaction fees have been a persistent thorn in the side of investors and blockchain projects since at least 2014 when Ethereum Network co-creator Vitalik Buterin stated in reference to Bitcoin, “The ‘Internet of Money’ should not cost $0.05 per transaction. It's kind of absurd.”
Fast forward to November 2021 and the simple act of approving a token so that it can be transacted on Uniswap can cost as much as $50 worth in Ether (ETH) depending on the time of day.
Even layer-2 solutions,
Read more on cointelegraph.comAbout this in other media
Watch: Polygon's Co-founder On 'Holy Grail' of Scaling, Ethereum Merge, NFTs, and More cryptonews.com /2 years ago
Impact of China’s Ban Minimal Again, Crypto Can’t Be Killed cryptonews.com /2 years ago
China calls crypto mining ‘extremely harmful,’ but not for this reason ambcrypto.com /2 years ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
