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Ethereum’s Post-Merge Transfer Fees Remain Low, Since Mid-May High-Priority ETH Fees Are 93% Cheaper
17.9.2022
Following Ethereum’s transition from proof-of-work (PoW) to proof-of-stake (PoS) on September 15, the blockchain network’s transaction fees have been much lower than they were ten days before The Merge. Roughly four months ago on May 13, 2022, high-priority ether transactions could...
Onchain Ethereum Fees Remain Low Ahead of the Merge, 4 L2 Networks Offer Transfers Below a Nickel
29.8.2022
With just over two weeks until The Merge, Ethereum network fees have reduced significantly as the average ethereum transfer fee has dropped to 0.00092 ether or $1.37 per transaction on August 28. Median-sized fees have slid to 0.00036 ether or $0.544 per transfer, and etherscan.io’s...
For 38 Consecutive Days Ethereum Gas Fees Record the Lowest Rates Since 2020
7.8.2022
In 43 days, the Ethereum network could finally see a full transition from proof-of-work (PoW) to proof-of-stake (PoS) via The Merge. Meanwhile, during the last 38 days, Ethereum’s layer one (L1) onchain transaction fees have dropped below the $5 mark and tumbled even lower by the end...
L1 Ethereum Network Fees Drop to Levels Not Seen in Over 2 Months, L2 Fees Follow
17.5.2022
Ethereum network fees have dropped a great deal this week, sliding under $10 per transaction to levels not seen since March 10, 2022. On May 17, the average ethereum transfer fee is 0.0027 ether or $5.68 per transaction. The cheaper fees on layer one (L1) have made it so layer two (L2) fees have...
Ethereum Fees Sink to Lowest Rate in 7 Months, Most L2 Fees Under $1 per Transfer
8.3.2022
Ethereum fees have continued to slide week after week and are now at the lowest value in seven months. On Tuesday, March 8, the average layer one (L1) Ethereum gas fee is 0.0042 ether or $10.89 per transfer. At the same time, median-sized gas fees are much lower as well, hitting values not seen...
Ethereum Co-Founder Vitalik Buterin Discusses Proposal to Alleviate Network’s Congestion, High Fees
6.2.2022
Ethereum’s co-founder, Vitalik Buterin, and developer Tim Beiko have been discussing a proposed solution to the data transfer gas problem and current scaling issues. Buterin talked about adding a feature like “blob-carrying transactions” in a “near-future hard...
Stacks ecosystem becomes #1 Web3 project on Bitcoin
14.1.2022
There were also 140,000 NFTs minted on the Stacks blockchain during its inaugural year
Which layer-one protocols will outperform in 2022? | Tune in now to The Market Report
10.1.2022
“The Market Report” with Cointelegraph is live right now!
Ethereum vs. Avax Social Media Battles Rage as L1 Fees Keep Rising
23.11.2021
The Ethereum scaling wars are raging on social media due to the problems that this chain is facing, with fees on layer one (L1) at very high levels. Zhu Su, CEO of Three Arrows Capital, a notable crypto VC company, announced he withdrew his support from the project, criticizing the state in which...
Altcoin Roundup: Layer-one protocols chip away at Ethereum’s dominance.
28.8.2021
Layer-one projects register a steady inflow of new users as the cost of using the Ethereum network gives projects like Avalanche and Cardano room to gain a foothold in the market
Life beyond Ethereum: What layer-one blockchains are bringing to DeFi
14.4.2021
Ethereum is the dominant force in DeFi, and layer-two solutions are a promising alternative, but the layer-one blockchains are not done just yet
Where Value Is Going in Blockchain Networks
27.2.2021
Will wealth flow to layer 1 or layer 2? It depends on the use case, says a long-time observer and investor
Following six-hour outage, Solana draws criticism and support
6.12.2020
While some piled on the layer-one blockchain for its network hiccup, others offered support
‘Very Near Launch’: Polkadot Founder Gavin Wood Details Network Rollout
6.5.2020
Polkadot founder Gavin Wood outlined the “five or six” steps the network will be taking as it moves to a full launch, some four years after first being conceived, during his Ready Layer One presentation
Ready Layer One: Base Layer Protocols Team Up for Virtual Developer Event
7.4.2020
A virtual conference is being organized by a bevy of base-layer protocols – the Web3 Foundation, Near, Cosmos, Tezos, Protocol Labs and Polkadot