Post
Topic
Board Altcoin Discussion
Re: ETH gas fees are a joke.
by
theskillzdatklls
on 28/04/2023, 17:37:41 UTC
Historically, speaking since EIP1559, the gas fees are pretty low actually:



But yeah, this is very much a weird subject. Because on the one hand, it's super expensive to use the network. And yet the ETH network is valuable enough that people use it anyway. And when people do that, all ETH holders benefit as ETH is burned away from the network, potentially forever since we're presently at -0.17% since the merge happened and decreasing.

The major thing I guess is for anyone that wants to use it to be very patient. Over the coming 1-5 years, there will be upgrades to the L1. Either that or start jumping on and using L2s.