Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Ethereum Forum => Ethereum News & Updates => Topic started by: Jentot on October 15, 2020, 03:02:14 PM

Title: Will Ethereum Continue to Dominate DeFi?
Post by: Jentot on October 15, 2020, 03:02:14 PM

Will Ethereum Continue to Dominate DeFi?

Ethereum has benefited from the rise in DeFi activity, but it might only be a temporary boost, according to Finder’s Cryptocurrency Predictions Report.

See more for yourself here (https://dailyhodl.com/2020/10/14/will-ethereum-continue-to-dominate-defi/).

Title: Re: Will Ethereum Continue to Dominate DeFi?
Post by: MRM on October 18, 2020, 07:58:02 PM

The growth of DeFi has led to a much higher price increase for the ethereum platform and an acceptance of the ethereum platform. I believe the reason helped the platform move forward. Because I've been improving a bit since I've been watching. And I think that's the root cause. Because there are a lot of transactions. As a result, development has been able to increase gas fees. Because they know users need to transact. So no one has protested for such a high price and there have been a lot of transactions. So the #DevelopmentTeam  was not seen to say anything to reduce the gas fee. That they are thinking about it. However, I believe that in the future, gas fees will be reduced and improved. So the transaction is moving forward at least a little bit at present and is able to improve at every moment. I guess that's because of technology.