Post
Topic
Board Altcoin Discussion
Re: Will competitors overcome ETH due to ever-increasing gas fees?
by
Yogee
on 25/01/2022, 22:13:34 UTC
....
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.
I don't think the current situation will change that much even if Ethereum 2.0 is delayed once again. Users are already "immune" to it and they have migrated a long time ago. New retail users will probably prefer other chains with cheaper fees but the larger liquidity will remain in Ethereum.

Mind you that some these competitors have been around for a long time already but they are still chasing until now.