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Cryptocurrency Ecosystem => Ethereum Forum => Ethereum News & Updates => Topic started by: Btceth01 on March 15, 2021, 11:01:30 PM

Title: How Rollups Could Make Ethereum Cheaper to Use
Post by: Btceth01 on March 15, 2021, 11:01:30 PM

The Ethereum   blockchain has had a “scalability” problem for years. Crushed under the weight of its own success, the network now lumbers along at about 15 transactions per second while a single transaction can cost over $20.
This bottleneck prevents the network from growing and gives developers a reason to look elsewhere. Competitors like Polkadot and Avalanche already offer thousands of transactions per second and negligible fees. And if a faster rival should suck up all the talent, Ethereum—and ETH—will fade into obscurity Source (https://cryptonews.net/487120/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)