It'S cheaper now but are we even near capacity of

Question

Avalanche (AVAX) - Official

NoWen No

It'S cheaper now but are we even near capacity of

eth?

#avalanche #avax #blockchain #cryptocurrency #english

0

22.11.2021

5 ответов

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Álvaro

Crypto Hitman
Good question. Eth will see a downfall in future j...

There is a floor which sets aprox 10-30 cents for each transaction with the usage that we have (currently when 10M gas units are reached in tx for a block, this block is created, no matter what if it still has free space). When network usage goes higher, the team has lowered this floor many times in the past. I remember back on September the team lowered that floor from something like 1-3$ tx to 10-30 cents (10 times lower). They will do it again soon

0

22.11.2021

Crypto Hitman

Álvaro
There is a floor which sets aprox 10-30 cents for ...

Oh.. That was a great info to hear!

0

22.11.2021

WX_248xLi

The point is not to lower the minimum fees, the point is to avoid spikes that make the chain unusable. I paid more today for a contract interaction that I was paying on ETH two months ago, ridiculous...

0

22.11.2021

NoWen No Автор вопроса

WX_248xLi
The point is not to lower the minimum fees, the po...

How can this kill eth?

0

22.11.2021

Crypto Hitman · Accepted Answer

Good question. Eth will see a downfall in future just because of gas fee and lack of ambition. It doesn't make any sense to say avax fee is still lower comparing eth. The real question is why it was going 10 to 20 times higher? Moreover Avax can win only if it keeps the transaction fees lesser. Because many peoples have entered crypto recently and i am sure 60 to 70 percent can't afford fees like this who are targeting 10 dollars profit a day. So success really lies which platform those small level traders can afford.. I hope Avax team will surely keep that in mind!

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It'S cheaper now but are we even near capacity of

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