MultiversX Tracker is Live!

Will any blockchain be able to sustain low tx fees so that it can become useful for everyday transactions?

Etherum Reddit

More / Etherum Reddit 226 Views

In the case that a crypto currency (whether ETH, ADA, ALGO, DAI, etc.) were to gain a huge user base, say in the case that it becomes the primary currency in some country with however million people using it for everyday transactions, is there any possibility that the blockchain that it is hosted on will be able to maintain low tax fees (a few cents) such that it’s adoption wouldn’t be hindered?

I know ALGO for example constantly touts it’s minuscule tx fee, but do any chains have the mechanisms in place to be able to sustain fees while at the Ethereum level of activity and beyond? Which chain do you think is most likely to come out on top in this regard?

submitted by /u/Frabboguwap
[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