Post
Topic
Board Altcoin Discussion
Re: Is there a new blockchain that will compete with Ethereum?
by
OgNasty
on 25/09/2021, 20:54:06 UTC
Ethereum gas prices has been really tough on everyone but since Binance smart chain, polygon and other smart chain network and most exchange accepts bridging between multiple network chains which is good for everyone..
Lets just all hope the new and better upgrades comes to ethereum

The tricky thing is that when you make transactions too cheap, like Polygon/MATIC, then it seems like there's no barrier of entry.  People can slap whatever scammy crap they want on the chain with very little risked on it.  When it comes to Ethereum, the gas price of putting up a smart contract alone might be enough to keep 98% of scammers out of the market.  It also makes it so people who do put up legitimate projects have a bit of skin in the game (even if it's only $50) that will make them put a lot more effort into their project as opposed to if they only have $0.02 on the line.