Post
Topic
Board Altcoin Discussion
Re: Will the ETH 2.0 Solve the issue of high fees
by
Maxstl007
on 20/01/2021, 08:10:20 UTC
ETH will get to 5k soon. But will it solve issue with fees, no idea. I hope so because paying 2% to send 100 usd, is kind of expensive.
It looks like many haven't heard about EIP 1559 yet, the high gas fee won't exists anymore I believe, if you want to know more about this EIP-1559 you can go through this link over here https://notes.ethereum.org/@vbuterin/BkSQmQTS8

Also the ETH 2.0 won't be here anytime sooner, it will definitely take longer than ever, it's not the first time buterin prolong the POS algorithm, Ethereum have been planning to switch to POS algo for years now