Quote from: chakhigh on January 10, 2022, 10:27:37 AM

It really is crazy how projects adopt Eth over other cheaper and faster blockchain networks!

Yeah, those projects are only aiming for the demand. Remember that ethereum is still the biggest smartcontract platform in term of marketcapitalization. The developers will always still consider it as their main reason to adopt ethereum blockchain although the fees is so high or sometimes it just become irrelevant.

Quote from: chakhigh on January 10, 2022, 10:27:37 AM

I personally cannot get it. Eth gas fees depend upon the network usage and other hidden parameters.

The main parameter is the average transactions fees that already processed by the block. More people put big transaction fees mean the fees will be also starting to go up (i meant standard network fees).

Quote from: chakhigh on January 10, 2022, 10:27:37 AM

What is obvious, if Eth doesn't upgrade its fees, new projects will use other cheaper networks, like TRC20. Now, many choose to use BSC over Eth. Recent projects rely on TRC20, like the Decentralized Ferox trading start-up.

It's clearly stated that if that needs a few years to fix this problem and have you read the 2022 roadmap? The scalability solution may get another delay again as stated on its roadmap. There's no ETA for this to happen. TRC is quite expensive right now.

Quote from: chakhigh on January 10, 2022, 10:27:37 AM

Decentralized Finance will prefer Avax, Fantom, TRC20, and BSC over Eth. This doesn't mean Eth is weak as a technology, but its fees are aggressive right now!

Im not feeling doubt with the tech but remember that people are interacting with the blockchain everyday and this is more important than the tech itself.