Recently people are facing what high fees means.

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Avatar for bittantis
3 years ago

During the recent period many people, in the need to move their ethereum tokens, reluctantly discovered an absurd true: the price of the network fees are so high that for moving 10 dollars worth of them you need to pay the double.

This is something very painful, considering a lot of people "earn" their tokens online with a big expenditure  of time and effort. Many of them will find all to be ridiculous and their trust in the cryptocurrency will run out, unfortunately.

But a lot of them, because the love for cryptos cannot disappear so easily, will try to understand if this is the end of a dream or other ways are possible.

Reading this https://www.publish0x.com/my-challenging-journey/my-cj-ep10-how-crazy-are-the-fees-to-move-our-tokens-xolwkpj made me think that when you have experienced something cheap, fast and efficient you will never forget. And so when it's time to decide what to do or what to use the correct answer will come at your mind.

I don't know if Bitcoin Cash is the best answer, but I'm sure is a solution that people will learn to consider when they need to avoid things that will make them feel frustrated.

Who owns a wallet full of coins, during this last hateful increment of the ethereum gas fees, will discover that they cannot move or use all the coins carelessly. But for sure they will notice that using specific kind of coins, like Bitcoin Cash, there is no a big trouble.

Probably ethereum fees will decrease soon, or some solution will be found, but a bad impression seldom disappears totally.

All this situation makes me realize that it's very important people experience, even only once, how Bitcoin Cash works: it will be like a seed. A seed that will be powerful as soon as they discover that what they need is something light, cheap, fast that already exists.

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Avatar for bittantis
3 years ago

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On Bitcoin Cash Blockchain, you can create SLP tokens. Moving these tokens costs as little as a BCH transaction costs, so almost nothing. USDT SLP tokens were recently issued. https://simpleledger.info/token/9fc89d6b7d5be2eac0b3787c5b8236bca5de641b5bafafc8f450727b63615c11

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3 years ago

nice

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3 years ago

thank you ;0)

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3 years ago

And what could that actually br

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3 years ago