Hmm, yeah, what if in future, there is huge mass

Question

Hmm, yeah, what if in future, there is huge mass

adoption on ergo, definitely there will have ton of user going to pay additional to get their transaction go through first, meaning that in this case, if I choose the default cost (minimal), my transaction may take few hours to completed, am I right here?

#cryptocurrency #english #ergo

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21.03.2022

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kushti khushi

Could be the case, but things are not so easy as Ergo supports complex contracts, and execution model is quite specific. After 5.0 activation mempool will be switched to handle transactions of different classes in different ways. Soecifically, for simple payment low fee per byte in comparison with transactions for which cost estimation could be unstable could be okay

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21.03.2022

Armeanio · Accepted Answer

Armeanio

Most blockchains will hit a point of congestion and look to L2s or application specific sidechains to alleviate pressure.

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21.03.2022

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Hmm, yeah, what if in future, there is huge mass

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