Quote from: yohananaomi on May 25, 2021, 02:27:15 AM

Quote from: Bitstar_coin on May 24, 2021, 05:42:39 PM

Eth! better blockchain yet insane transaction fee, tell me what is better when the only thing that is used by many on this blockchain is ridiculously high? maybe as a dev you may find it better, but the many average joe's who don't develop anything except use it as transaction won't see it that way, actually there are many better blockchain but eth is not one of them.

It is true, the fees charged are no longer rational, as if there is no other alternative that can be used, with very high costs, many have suffered losses, both new projects that cannot pay because they have to wait until the price of transaction costs can fall, if it is forced. there will be additional costs that are beyond the estimate.

usually transaction costs are not problematic now it becomes problematic, so that many are disadvantaged because many cannot make transfers because the costs are greater than what is being transferred. where this has never happened so far but now it has become very confusing.
that's why many are looking for alternatives to platforms other than ethereum, so that it can continue. Of course, with a platform that has already been implemented. there is nothing wrong with trying so that there are alternatives and monopoly does not occur.

The transactions fees are completely rational, the more demand there is for a product the higher the price of that product becomes especially since its supply is limited, the space on each block is limited which means only a certain number of transactions can be confirmed at the same time, so if you want a fast confirmation then you need to pay for it, you do not want to do that? Then no problem you can pay less in fees but you will have to wait more time to get your confirmation.