Quantum Economics
Published in

Quantum Economics

Why High Gas Fees On Ethereum Is A Problem, But The Best Problem Ever

At the time of this writing, the average transaction on the Ethereum network was $51.75, up more than 17 times over the last three months:

BitInfoCharts.com

That makes the Ethereum network significantly more expensive than other alternatives, notably Solana, where the fees are just $0.00025 per transaction. Solana’s low fees are the result of its dramatically…

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store