When I mention "high gas fees," I'm referring to fees that surpass the current charges imposed by Visa and Mastercard. After all, decentralized finance (DeFi) aims to compete in this space.
More than anything, people will care more for their anonymity and ease of transaction than whatever they pay as transaction fee. Besides, what you think is high now is really minute if you compared what we suffered with ETH gas fees during the ICO years. It was simply crazy and so many of us couldn't get their bounty tokens or airdrops withdrawn because of exorbitant charges.Anyway, this is what I found regarding current transaction fees:
That does not seem too bad. What are the current fees for credit card transactions?
Nope, it doesn't at all. That does not seem too bad. What are the current fees for credit card transactions?