Tag: transaction fees

Ethereum's $32M Bet: Can Layer 2s Fix the Fee Fight?

Ethereum's $32M Bet: Can Layer 2s Fix the Fee Fight?

The Ethereum ecosystem is at a very interesting turning point. Decentralized applications and a new financial paradigm are big, wonderful ideas. Yet, exorbitant transaction fees and network congestion still remain a major challenge. To counteract this, the Ethereum Foundation has been making huge investments in Layer 2 (L2) scaling solutions....

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