Re:Mozilla Foundation pausing cryptocurrency donations
by TimJRobinson on Friday January 07, 2022 @12:09PM
(#29841658)
You're not going to get cheap transactions using Bitcoin or Ethereum directly.
There are two wallets that are using newer tech to make cheap + fast transactions happen (while still being decentralized + secure):
- Argent - Uses zkSync which is an L2 that compresses transactions and writes them to Ethereum - costs about 25c per transaction right now.
- Dharma - Uses Polygon which is it's own chain that posts a hash of everything that happened to Ethereum at regular intervals - costs < 1c per transaction right now .
There are two wallets that are using newer tech to make cheap + fast transactions happen (while still being decentralized + secure):
- Argent - Uses zkSync which is an L2 that compresses transactions and writes them to Ethereum - costs about 25c per transaction right now.
- Dharma - Uses Polygon which is it's own chain that posts a hash of everything that happened to Ethereum at regular intervals - costs < 1c per transaction right now .