Honestly I had to take the title of the article from a post I saw on noise.cash and which inspired me to write my article about smartBCH in comparison to eThereum.
Of course there are people who don't care or don't let on that they care about fees but, obviously or they have a lot of money to spend just paying financial transactions or want to deceive the world to think they have it!
Fees matter a lot in the financial world and just to prove this we see, for example, in the traditional financial world many transactions are carried out only with the involvement of affordable transaction fees, and why in a crypto world this would have to change?
Obviously, in order to have a greater number of participants in the DeFi cryptospace world, it is crucial that the fees should be quite invitational for more people to embrace the decentralized world.
eThereum
It's absurd to think that rates don't matter when we talk about DeFi, let alone that rates in the Ethereum protocol are good! But for sure they are completely incompatible with what the world needs right now.
Just imagine that to perform a simple sending transaction on the Ethereum network, the user of the same has to spend a huge fortune in many third world countries. At the very least, for the transfer to be carried out, you must pay more than $50 when there is no considerable flooding in the network, because if that happens this amount can double!
This is to say that Ethereum network users only spend on execution fees amounts above minimum wages in many parts of Africa, Asia or even Latin America. Imagine how much that value reaches at the end of the year, paying fees above fifty dollars each time you want to swap in Ethereum protocols or even send the currency from one wallet to another.
Rates do matter and make adherence to decentralized finance much more sought after all, if they are cheaper more people will embrace it, but if they are expensive, more people will be afraid to join the revolution and will also cause discomfort for them to feel unable to participate in the decentralized economy.
SmartBCH
With SmartBCH side-chain the story changes the picture and helps a lot of people to adhere to what is extremely prohibitive on Ethereum.
It is possible, for example, to make transactions below five dollars just paying fractions of the dollar and increase many more people using and enjoying the benefits that the protocol has. SmartBCH was created with the intention of massifying the use by people of all social backgrounds as well as project developers who want to maximize their profits without needing to charge too much for their products.
While transactions on eThereum cost hundreds of dollars in ETH, on smartBCH these amounts are reduced by almost nine hundred times less.
In this beginning of any season it is always good to start by analyzing which protocols can actually be useful to work on and how much they can maximize the life of its users and thus involve them in an effective decentralized economy, paying less in fees than wasting gains just paying for transactions.
smartBCH works exactly like eThereum, it is capable of running any product that is on erc-20 and with a big advantage, its transaction rates are very low as well as its speed is very fast.
Summary,
There is no apparent reason not to bet more and more on SmartBCH and embrace one of Bitcoin Cash's most promising projects and one that will definitely catapult the currency to levels never seen before.
The future of Bitcoin Cash today is much more prosperous with the emergence of smartBCH because with the existence of smart contracts, Bitcoin Cash is left with a parallel market where it serves as fuel for everything. Bitcoin Cash is used to pay fees, create projects, conduct pre-sales of created coins etc, increasing the market and reducing the total supply with burning fees.
This increases the shortage and allows the coin to calmly and steady gain more value over time.
Fees matter a lot and whoever says otherwise simply does so with deviant intent, for example, in third world countries, regular people do not want to participate in a very expensive decentralized economy where they will lose money only in fees while they can use more services to maximize their earnings!
...this is where smartBCH will make a big difference.
The most important thing is to realize that smartBCH is growing rapidly and growing stronger in the market, gaining space, gaining stability and visibility that in a short time will be one of the protocols required by developers to create their projects and investors to maximize their profits earning advantage of its fundamentals.
smartBCH is a revolution and the time is here to prove it.
What is the blocksize of the SmartBCH side chain?