MultiversX Tracker is Live!

Why are transaction costs still so high on ETH after merge?

Etherum Reddit

More / Etherum Reddit 79 Views

The system suddenly consumes only a fraction of the resources it consumed before, so why are transaction fees still that high (~0.6$)?

It seems like it gave up on the security provided by POW without giving any benefit for the end user - at transaction prices this high without the benefits of POW ethereum is really unattractive to build upon in comparison to other POS ecosystems. This can only push the value of ETH further down.

submitted by /u/Voldemurmurmur
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments