free web page hit counter
Why are transaction fees so different? What changed that made Ethereum's fees go up in recent years?

Why are transaction fees so different? What changed that made Ethereum's fees go up in recent years?

Etherum Reddit

More / Etherum Reddit 39 Views

When I try to search for why transaction fees between Bitcoin and Ethereum are so different, all I can find are articles from years ago when apparentley Ethereum's transaction fees were much lower than Bitcoin's.

Now, Ethereum's fees are so much higher. I paid $17 for an Ethereum transaction the other day (and I hear other people pay upwards of $100), meanwhile, recently I pay between $0.08-$0.16 per Bitcoin transaction.

  1. Why are Bitcoin's and Ethereum's transaction fees so different?
  2. What changed that made it so Ethereum's fees used to be so low and now they're not?
submitted by /u/trufeats
[link] [comments]

GET CARD FOR FREE NOW!

Comments