Layer-2 and multi-chain DeFi platforms see record inflows as Ethereum fees soar -Breaking
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High transaction fees have been a persistent thorn in the side of investors and blockchain projects since at least 2014 when Network co-creator Vitalik Buterin stated in reference to , “The ‘Internet of Money’ should not cost $0.05 per transaction. It’s kind of absurd.”
Flash forward to November 2021, and it’s possible for a simple approval of tokens so they can be transacted upon to cost up $50 in Ether.ETH(Depending on the time of day.
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