Anthony Clarke
Anthony Clarke
Crypto Investor & Writer Since 2017Source
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Vitalik Buterin says ETH Layer-2 fees need to reach $0.05 to be acceptable

Vitalik Buterin says ETH Layer-2 fees need to reach $0.05 to be acceptable

Ethereum (ETH) founder Vitalik Buterin said the gas cost levied on Layer-2 solutions must be significantly lower before they can be “acceptable.” Vitalik commented in response to a tweet by Ryan Sean Adams — a well-known crypto investor — showing a list of gas prices needed to connect tokens to the Ethereum network through different Layer-2 protocols. Adams claimed the fees are not expensive. According to the list, the needed gas prices were all less than $1, with Metis Network (METIS) having the lowest at $0.02 and Arbitrum One having the most at $0.85. Even though Ryan Adams feels...

May 5
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