Post
Topic
Board Altcoin Discussion
Re: Eth gas fees and investing
by
Silberman
on 30/03/2021, 00:36:04 UTC
I am not a technologist, let alone a programmer, just an investor and trader.

What do I need to know about Ethereum's high gas fees? I'm hearing some say that this could sink Ethereum. How exagerrated is that?
The fees were a huge problem and even now can be quite high especially if you want to move a low amount of new coins, the ones behind the ethereum platform are already working on it and they will implement a way to lower the fees during the next months, so this is not going to be something that is going to sink ethereum but it is something that it is putting at a disadvantage compared to what see in other blockchains especially binance that is gaining so much momentum lately.