Post
Topic
Board Development & Technical Discussion
Re: Adjustable Blocksize Cap: Why not?
by
pooya87
on 15/01/2021, 05:38:30 UTC
And with an x3 lower average fee which you successfully managed to omit from the equation. Grin
isn't it because ETH tx is much smaller(roughly 1/3 bitcoin tx)? the Fee/byte is still roughly the same
It's about 1.29x higher in ETH! Although fees are computed differently in ethereum but working with raw bytes and amount paid we have

____________________ETHBTC
Average tx size in kBytes0.230.707
Average tx fee0.0055000000.00042000
fee/byte0.0000239100.00000059
fee/byte in USD$0.029$0.022
Ratio1.29