Post
Topic
Board Altcoin Discussion
Re: When ETH GAS Price will stable? We paid 33.74$ GAS price for 10$ token transfer.
by
kensaii
on 07/10/2021, 17:58:52 UTC
As I know, Ethereum 2.0. is going to solve the problem of Ethereum's scalability and big fees. After launching Ethereum 2.0. this blockchain will be switched from Proof-Of-Work consensus, to Proof-Of-Stake. Coins that are working on this consensus have lower transaction fees, because it is easier to keep this network and validators get less rewards, so I expect that Ethereum will become cheaper and it will be easier to run small transactions.
They've talked about 2.0 for years and also the problem of expensive fees but so far, there was never an agreement that effective solve this problem once for all. While more token layer itself to the ETH's ecosystem only make this problem more unbearable hence ETH 2.0. So yeah, my expectation for a truly end it, scalable transaction fee with ETH's price but still fair on the miners is very low.