Post
Topic
Board Marketplace (Altcoins)
Re: Do you think DeFi season is going to be just like Altcoin season?
by
carlisle1
on 04/10/2020, 10:51:49 UTC
DRK coin traditional systems involve high transaction fees resulting from high costs due to low transaction speed and low throughput.Even simple applications can slow down the Ethereum based platform and increase transaction fees.
DRK coin? What type of coin is that?
With the scenario that we're looking at. The high costs for Ethereum/Gas fee is due to all of those transactions that's happening with defi and uniswap.
The same as the ico days, the fees were very high and the same as the crypto kitties.
time will come that all of these will end like what ICO days and Defi will be like altcoin season in which the lucky people are those who invested first and sold their tokens in hype.

while others are crying because of their losses from their own stupidity of riding the train in the end of the line that the projects is coming to drop like what is happening now.
In my opinion, ETH only benefits from the popularity of DeFi in the cryptocurrency market, despite the congestion of the network. Of course, the problem of scalability creates certain difficulties, but nevertheless, over time, this problem will be solved. In addition, the cost of the transaction has decreased slightly and is currently less than $ 1. Today, DeFi projects are mushrooming after rain and tensions are mounting. The main thing is that scammers do not bring global harm, since they are actively taking advantage of the moment of DeFi's popularity.
the fees are dropping now doesn't they?the congestion is subsiding and transactions day by day is getting low.