Re:Ethereum Isn't Fun Anymore
by BlackInkstoan on Monday February 22, 2021 @10:38AM
(#26225704)
You can use Ethereum for the same purpose. The transaction fees for sending Ether in a reasonable amount of time stands at sub $5. To send the same amount in the same time on Bitcoin's network is higher. Ethereum's high fees mainly hinder smart contract usage, which, depending on the complexity of the contract, may incur up to hundreds if not thousands of dollars at current gas prices.
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Transaction fees appear to be significantly higher than $5 at the moment (see e.g. https://www.coindesk.com/ethereum-transaction-fees-hit-recor...).