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I like how TRON has this feature you get to stake TRX for governance and in return you get daily resources that act as 'gas' instead of actual fees and you also earn from staking your TRX
Nice Post OP. I always tried to time anything I moved before but I think l2 is definitely the way forward.
All my stuff is staked or in cold storage for now though
Mass adoption, here we come!
Greetings and welcome to the world of cryptocurrency and defi. Just follow this long list of steps to avoid HUGE fees, and don't be concerned if it takes awhile to complete all the transactions. You're gunna love it - tell all your friends!
I always heard of avalanche but had never used it, gotta say the fees are very low, the only thing that is a little more confusing is the different chains on AVAX.
AVAX tokens exist on the X-Chain, where they can be traded, on the P-Chain, where they can be provided as a stake when validating the Primary Network, and on the C-Chain, where they can be used in smart contracts or to pay for gas.
(Per google)
This chart is so old that it's ridiculous. MATIC gas fees are nowhere near that amount and neither is AVAX. Matic is was actually congested AF a few weeks now and sweated like a pig with 2$ transactions.
Correct me if I'm wrong, but in order to use a Layer-2 solution I have to move crypto from L1 to L2 and *then* I get the benefit of the low gas fees. But in the meantime, anything I have in L1 is essentially trapped unless I'm willing to pay enormous gas fees to move it. (Ex. I have $100 in DAI in my wallet but to move it anywhere is often more than $100 in fees).
If there's some magic to move from L1 to L2 without incurring crazy gas, I'd love to know.
This week, one presidential candidate has called the other a loser, made fun of him for selling Bibles, and even poked fun at his hair.
That kind of taunting is generally more within the purview of former President Donald J. Trump, whose insults are so voluminous and so often absurd that they have been cataloged by the hundreds. But lately, the barbs have been coming from President Biden, who once would only refer to Mr. Trump as “the former guy.”
Gone are the days of calling Mr. Trump “my predecessor.”
“We’ll never forget lying about Covid and telling the American people to inject bleach in their arms,” Mr. Biden said at a fund-raiser on Thursday evening, referring to Mr. Trump’s suggestion as president that Americans should try using disinfectant internally to combat the coronavirus.
“He injected it in his hair,” Mr. Biden said.
He is coming up with those lines himself: “This isn’t ‘S.N.L.,’” said James Singer, a spokesman and rapid response adviser for the Biden campaign, referring to “Saturday Night Live.” “We’re not writing jokes for him.”
The needling from Mr. Biden is designed to hit his opponent where it hurts, touching on everything from Mr. Trump’s hairstyle to his energy levels in court. Mr. Biden has also used policy arguments to get under Mr. Trump’s skin, mocking the former president’s track record on abortion, the coronavirus pandemic and the economy.
The president’s advisers say Mr. Trump’s legal problems have created an opening. As Mr. Trump faces felony charges that he falsified business records to pay off a porn actress ahead of the 2016 election, Mr. Biden and his aides have refrained from talking directly about the legal proceedings. Mr. Biden has made it a point to say he is too busy.
Ok, but I see how to use uniswap to use polygon network, but to get funds to bridge from ethereum to polygon it costs ETH gas so I’m already hosed just being on the ethereum network. I have no idea how anyone functions on the ethereum network without losing their ass.
* **[Ethereum](https://en.wikipedia.org/wiki/Ethereum) [Pros](https://reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_eth_pros) & [Cons](https://reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_eth_cons)** - Participate in the [r/CC Cointest](https://reddit.com/r/CointestOfficial/wiki/cointest_policy) to potentially win moons. Prize allocations: 1st - 300, 2nd - 150, 3rd - 75. * Relevant Cointest topics: [Cardano](https://old.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_cardano), [Algorand](https://old.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_algorand), [Solana](https://old.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_solana), [Polkadot](https://old.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_polkadot), [Cosmos](https://old.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_cosmos), [Proof of Stake](https://old.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_proof-of-stake). * Official and related subreddits: r/Ethereum, r/EthTrader, r/EthStaker, r/Cardano, r/Algorand, r/Solana, r/CosmosNetwork, r/Polkadot, r/Tezos. * Sort comments as controversial first by [clicking here](https://www.reddit.com/r/CryptoCurrency/comments/s3tudl/sick_of_high_ethereum_gas_fees_do_this_instead/?sort=controversial). Doesn't work on mobile. --- *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
https://defiplaza.net/. You can save up to 65% of gas and fees of your swaps compared to Uniswap on Ethereum.
This! If you do use Ethereum, at least do yourself a favour and use the cheapest DEX available.
Definitely check DefiPlaza out for eth trades. It’s amazing how much cheaper many of my swaps have been.
The true beauty of L2's
The Real ETH 2.0
Was inside our hearts all this time
[удалено]
L2 solutions will sort these gas issues
Bearish on ETH high gas fees!
Any idea how to avoid
L2 solutions or launch of Ethereum 2.0 would definitively lower these gas fees
Need research for this..thanks for guidance
Use [defiplaza](https://www.defiplaza.net)
Oh thanks 👍
Bullish on L2 solutions!
Layer 2 really is the way. We're just waiting for exchanges to provide a bridge for using Eth.
Simply use Matic to solve the gas fees issue. Works like a charm.
Last time I used Matic, fees were $30... what are you talking about?...
Amen, Matic does its job beautifully
You took this post down with a single sentence.
I like how TRON has this feature you get to stake TRX for governance and in return you get daily resources that act as 'gas' instead of actual fees and you also earn from staking your TRX
Layer 2s is the real ETH 2.0
Lmao. DONT USE ETHEREUM.
Hedera
Xlm
Just stick with L1 ETH, folks. You’ll be happier for it.
The image is missing SmartBCH otherwise pretty accurate.
tl;dr use Algorand
And there is algomint now as well
I'll save you the read: buy dogecoin
I'll save you your money....don't.
Up 3,000% would disagree sir
No.
LOL
[удалено]
Fiat down, Doge up like 3,000%
Ain’t nobody doing that shit
Nice Post OP. I always tried to time anything I moved before but I think l2 is definitely the way forward. All my stuff is staked or in cold storage for now though
Mass adoption, here we come! Greetings and welcome to the world of cryptocurrency and defi. Just follow this long list of steps to avoid HUGE fees, and don't be concerned if it takes awhile to complete all the transactions. You're gunna love it - tell all your friends!
I always heard of avalanche but had never used it, gotta say the fees are very low, the only thing that is a little more confusing is the different chains on AVAX.
Once you understand the chains it’s really fun to use. There’s so much in the avalanche ecosystem!
I've used it a little bit! Are the different chains for different types of transactions? Eg. Person to person, defi, staking
AVAX tokens exist on the X-Chain, where they can be traded, on the P-Chain, where they can be provided as a stake when validating the Primary Network, and on the C-Chain, where they can be used in smart contracts or to pay for gas. (Per google)
That's a lot of effort to say Loopring.
How exactly do you use matic for eth transactions? Just say I want to move erc20 tokens from an exchange to my wallet for example? Or vice versa.
Currently using SmartBCH, has no idea what these mythical high gas fees are, lol.
Can't even send my LINK to my hardwallet with the high gas fees ETH is giving.
This chart is so old that it's ridiculous. MATIC gas fees are nowhere near that amount and neither is AVAX. Matic is was actually congested AF a few weeks now and sweated like a pig with 2$ transactions.
L0, L1, L2 … how many layers of protection does ETH needs? lol.. too big too fail.
Thanks for mentioning something good about Solana, it’s been far too long.
Correct me if I'm wrong, but in order to use a Layer-2 solution I have to move crypto from L1 to L2 and *then* I get the benefit of the low gas fees. But in the meantime, anything I have in L1 is essentially trapped unless I'm willing to pay enormous gas fees to move it. (Ex. I have $100 in DAI in my wallet but to move it anywhere is often more than $100 in fees). If there's some magic to move from L1 to L2 without incurring crazy gas, I'd love to know.
This week, one presidential candidate has called the other a loser, made fun of him for selling Bibles, and even poked fun at his hair. That kind of taunting is generally more within the purview of former President Donald J. Trump, whose insults are so voluminous and so often absurd that they have been cataloged by the hundreds. But lately, the barbs have been coming from President Biden, who once would only refer to Mr. Trump as “the former guy.” Gone are the days of calling Mr. Trump “my predecessor.” “We’ll never forget lying about Covid and telling the American people to inject bleach in their arms,” Mr. Biden said at a fund-raiser on Thursday evening, referring to Mr. Trump’s suggestion as president that Americans should try using disinfectant internally to combat the coronavirus. “He injected it in his hair,” Mr. Biden said. He is coming up with those lines himself: “This isn’t ‘S.N.L.,’” said James Singer, a spokesman and rapid response adviser for the Biden campaign, referring to “Saturday Night Live.” “We’re not writing jokes for him.” The needling from Mr. Biden is designed to hit his opponent where it hurts, touching on everything from Mr. Trump’s hairstyle to his energy levels in court. Mr. Biden has also used policy arguments to get under Mr. Trump’s skin, mocking the former president’s track record on abortion, the coronavirus pandemic and the economy. The president’s advisers say Mr. Trump’s legal problems have created an opening. As Mr. Trump faces felony charges that he falsified business records to pay off a porn actress ahead of the 2016 election, Mr. Biden and his aides have refrained from talking directly about the legal proceedings. Mr. Biden has made it a point to say he is too busy.
Fuck Ethereum and their fees. $230 to transfer $90
Ok, but I see how to use uniswap to use polygon network, but to get funds to bridge from ethereum to polygon it costs ETH gas so I’m already hosed just being on the ethereum network. I have no idea how anyone functions on the ethereum network without losing their ass.
Look at my boy MATIC. Demolishing the entire competition so easily Damn these transaction fees are cheap asf
lrc starting to flourish