The balance of transaction fees vs accessibility to tokens is a critical dilemma, and as the price…
Dan San
1

At current prices opening and closing an Orinoco payment channel costs about $0.03 for both transactions. A 30x increase in Ethereum value (without any reduction in gas costs or accepted price) would still keep the cost well within the bounds of administration charges made today for similar activities, and in many cases remain much lower, so I’m not sure that transaction fees are a serious problem for payment channels.

There is no reason that I’m aware of why Orinoco could not run on Ethereum Classic, although I haven’t tested it.

Show your support

Clapping shows how much you appreciated Jim McDonald’s story.