Ethereum will Kill this $15 Billion Project if its Gas Fee Remains Lowby@blockonomist
1,267 reads
1,267 reads

Ethereum will Kill this $15 Billion Project if its Gas Fee Remains Low

by Blockonomist3mJune 7th, 2021
Read on Terminal Reader
Read this story w/o Javascript
tldt arrow

Too Long; Didn't Read

MATIC is a side-chain to boost the adoption of the Ethereum network by reducing the computational cost. The transaction costs on MATIC are less than 1000x less than that of ETH. MATIC might become a dominant chain, but we cannot compare Matic to Matic in terms of terms of nodes/miner/miners/validators. The plasma layer of Matic has a checkpoint duration of 7-days which is a longer duration and is not suitable for real-day applications. Matic is working on it and soon will make it quicker.

Companies Mentioned

Mention Thumbnail
Mention Thumbnail

Coins Mentioned

Mention Thumbnail
Mention Thumbnail
featured image - Ethereum will Kill this $15 Billion Project if its Gas Fee Remains Low
Blockonomist HackerNoon profile picture
Blockonomist

Blockonomist

@blockonomist

A 20th Gen, New Agency focussed on independent blockchain journalism and a FOMO, FUD free media network.

Learn More
LEARN MORE ABOUT @BLOCKONOMIST'S
EXPERTISE AND PLACE ON THE INTERNET.

Share Your Thoughts

About Author

Blockonomist HackerNoon profile picture
Blockonomist@blockonomist
A 20th Gen, New Agency focussed on independent blockchain journalism and a FOMO, FUD free media network.

TOPICS

THIS ARTICLE WAS FEATURED IN...

Permanent on Arweave
Read on Terminal Reader
Read this story in a terminal
 Terminal
Read this story w/o Javascript
Read this story w/o Javascript
 Lite
L O A D I N G
. . . comments & more!