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

Written by blockonomist | Published 2021/06/07
Tech Story Tags: ethereum | matic-network | layer-two-solution-blockchain | cryptocurrency | blockchain | gas-fees | ethereum-blockchain | good-company | web-monetization

TLDR 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.via the TL;DR App

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Written by blockonomist | A 20th Gen, New Agency focussed on independent blockchain journalism and a FOMO, FUD free media network.
Published by HackerNoon on 2021/06/07