Developers are rolling organize overhauls, however gas expenses on ETH stay the same. It's exceptionally costly to perform exchanges on the Ethereum blockchain compared to other competing chains. The ETH 2.0 overhaul will lighten the circumstance but engineers keep postponing the same. Individuals are getting wiped out and tired of ETH's "slowing down" as expenses proceed to rise like there's no tomorrow. On the off chance that I'm not mixed up, engineers will delay the trouble bomb once more (by December) in arrange to drag out the PoW blockchain. The longer it takes for expenses to decay on ETH, the greater its competitors will grow.
Do you think competitors will vanquish ETH due to ever-increasing gas expenses? In the event that not, why? Are steady delays a result of miners' resistance against lessening gas expenses on the blockchain? Your input will be enormously acknowledged. Thank you.
Ethereum is indeed well-known as a network that has quite expensive fees today, there are even some transactions in purchasing coins that actually have fees that are more expensive than the price of the coin, and this is why now many cryptocurrency projects are starting to switch to using the BSC chain and also polygons, because the gas costs are much cheaper than eth, but even so, it will be very difficult for platforms like bsc and polygon to be able to beat ethereum at this time, because after all ethereum dominates smart contracts that are indisputable nowadays compared to BSC, besides that the nature of Since Ethereum has been completely decentralized for a long time, they are still believed to be the largest cryptocurrency chain that exists today.