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ETH2.0 and Gas economics

ETH2.0 and Gas economics

Etherum Reddit

Reddit / Etherum Reddit 24 Views

With increases in throughput, what is the anticipated cost of a transaction? Approximately 5 cents? 1 cent? Less?

The way I understand it, is that gas prices are determined by the miners, balancing speed and demand. If we have too much throughput available, the gas price drops. My concern is, if the throughput drastically improves and the gas per transaction drops too low, then the demand for ETH would also drop.

That being said, is there a minimum gas price?

submitted by /u/Njoiyt
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