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L2 transaction fees need to be under 5c to be ‘truly acceptable’ -Breaking

May 4, 2022May 4, 2022 by Mike Robinson

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Vitalik: L2 transaction fees need to be under 5c to be 'truly acceptable'

Vitalik: Transaction fees for L2 transactions must be below 5c in order to be considered ‘truly acceptable.

(ETH) co-founder Vitalik Buterin believes that Layer-2 transaction fees need to be under $0.05 to be “truly acceptable.”

Buterin posted the most recent comments to respond to Ryan Sean Adams’ Twitter post (NYSE:). Ryan shared a screenshot that showed the average transaction fee for eight transactions. Ethereum Layer-2 Platforms.

Reduced short term gas fees