Unfortunately, the cheap cost of transactions

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zihadhosenjm50
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Joined: Sat Dec 21, 2024 6:30 am

Unfortunately, the cheap cost of transactions

Post by zihadhosenjm50 »

Unfortunately, the cheap cost of transactions on Ethereum was in part due to the lack of use of the chain, and now that Ethereum is the most popular L1 smart contract blockchain, it’s suffering from high fees, making “cheap NFTs” difficult to mint on Ethereum.

What Makes NFTs on the Ethereum Blockchain Worth Investing in?
As we have tried to make clear, Ethereum is not a blockchain project that buy algeria cell phone number list be cast aside. In fact, it is home to some of the most prominent institutional investors, probably in part due to its active ecosystem and long time surviving in the market. The longer something stays around, the more likely it’ll continue to stay around in the future.

Many other L1 smart contract blockchains have come and gone, such as Tron, EOS, and Neo, making way for more trendy chains like Avalanche, Polkadot, Cosmos, Solana, Cardano and others. While these lesser-known chains battle it out for second place to Ethereum, it seems that Ethereum continues to be the preferred chain despite it’s insanely high gas fees (transaction fees) at the moment.
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