Transaction fees: the biggest problem for crypto community in future?

[silkytakyaan86]

Yes you are right. I agree with you. We have to pay transaction fee for withdrwal any currency. That's fine. But which is as famous as the exchange. Its transaction fee increases the same way. which is a problem.

[gurunanakji777]

Nowadays Ethereum Gas fee is very reduced as network congestion is less as compared to the bull market but it's not like that gas fee is always higher but its a major concern of the Ethereum users Sometimes gas fees are very high so we have to pay the higher gas fees as per the urgency of the transactions. Ethereum dev should do something for this as most of the small traders now give more priority to the BNB, Tron, and Polygon network where the fees are very less as compared to Ethereum network fee.

[Speaker]

These are the realities of natural demand and supply.In a falling market, it's always like this-the cost of equipment is falling, cryptocurrencies are falling, the price for gas is also falling

[Jaephoenix]

Things have improved now. Probably because of these bearish times. You can't believe I traded on uniswap with a gas fee of $1?! Very crazy indeed. Something unheard of this year

[Vx1]

Do you think transaction fees will be one of the biggest problems for the crypto community in the future? Is 100k tps enough for  market demand?

Each Blockchain has different transaction fees, some are expensive and some are cheap.
For the Ethereum Blockchain, it is extremely expensive, and there is no need to wait for the future because even now GAS Eth has become a problem for many people. 
But I believe every Blockchain will compete to provide the best for everyone, the expensive ones will be left behind and the cheap ones will be used more and more.

[Google+]

it has become a natural thing because when the exchange rate is very high it will have an impact on gas costs to make transactions and of course accompanied by increased transactions in a cryptocurrency network will also have the effect of swelling gas costs.

[mahadev]

it has become a natural thing because when the exchange rate is very high it will have an impact on gas costs to make transactions and of course accompanied by increased transactions in a cryptocurrency network will also have the effect of swelling gas costs.

I think traffic is the main factor that make gas fee is so high.
Hopefully they developer team will have good solution for this problem.
We are suffering because it.

[legend45]

TBH, I think many investors are suffering when the gas fee is so high.
I agree gas fee is the biggest problems for crypto community, for now and do the future.

[Astra]

Yes you are right. I agree with you. We have to pay transaction fee for withdrwal any currency. That's fine. But which is as famous as the exchange. Its transaction fee increases the same way. which is a problem.

There are already 20,004 different cryptocurrencies on the cryptocurrency market and their number will increase every day. Already, many duplicate each other, practically without creating anything new. Under these conditions, competition between them will sharply increase, and since the size of the transaction fee is essential for the participants in this market, this is where the real competition will be between cryptocurrency teams. Having a very large choice, investors will, of course, choose those projects that provide for lower transaction fees. Therefore, in general, on the contrary, I think that transaction fees will fall over time.