If #Ethereum is going to be the #blockchain of the future, it is going to need some help scaling it...
There are already blockchains and protocols helping to pave the way.
There are already blockchains and protocols helping to pave the way.
2- Blockchains like #Arbitrum and #Optimism are fixing some of #Ethereum's largest problems, problems which steer users to so-called #ETHKillers, such as the #BNBChain, the #Polygon, and many others where gas fees are nothing compared to #Ethereum.
3- @Arbitrum & @OptimismFDN use a special layer scaling technology called, Rollups which provides the #Ethereum network with better throughput and latency.
4- Rollups process multiple transactions into one "Rolled up" transaction and are sent to another blockchain to finalise the transaction at a cheaper cost.
Why wouldn't you use #Arbitrum & #Optimism to trade ERC-20 tokens, when gas fees are more than 10x cheaper than #Ethereum!?
Why wouldn't you use #Arbitrum & #Optimism to trade ERC-20 tokens, when gas fees are more than 10x cheaper than #Ethereum!?
5- Gas fees used directly on the #ETH network will average above $3, whereas gas fees on the #Arbitrum & #Optimism networks will range between $0.03-$0.45! That is a major difference...
6- I'm sure we can all agree that #Ethereum isn't the friendliest network to use for users with a small budget, as gas fees can eat up a lot of $ETH. These #blockchains change that and allow any user with any budget to use the #Ethereum network.
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