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RE: UNI token breaks $20

in LeoFinance4 years ago

The transaction fees suck but outside of holding BTC, ETH is a gold mine of opportunities. Maybe ETH 2 will mitigate some of the issues, not likely to completely solve them.

The fees just make it a whales only game.

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Vitalik has been pretty open that layer 1 will never solve fees. It will simply allow scaling until demand is recapped by fee amount.

What I'm really hoping is that v3 is going to have a layer 2 solution. Given that uniswap is the main thing clogging the network, it'd be a boon for everyone.