Friday, December 27, 2024

Rant: Ethereum transaction-fees

Dear everyone who uses @ethereum blockchain.

Here's a transaction on @Optimism, which took almost no time to verify.


DO YOU SEE THE GAS FEES?

0.2¢

Dear @ethereum, ... maybe you want to follow suit? Maybe?

Last month my company paid $554.12 in gas fees on @ethereum. 😡😡🤬

I'm just spitballing here, but maybe if everybody left @ethereum to do business on blockchains that don't charge $10, $20, $89.78, $104.53 gas PER TRANSACTION, @ethereum might just rethink their whole transaction-game.

And maybe if they don't, they'll go out of business.

You're not REQUIRED to do business on @ethereum, folks. There are protocols on other blockchains that are equivalent to the services @ethereum provides.

I spent most of December moving most of my liquidity off @ethereum to alternative blockchains, like @binance  and @avax.