/biz/ - Business & Finance

Anonymous Wed Jul 27 08:11:54 2022 No.50585300 [View]
File: 42 KB, 768x507, Avalanche-to-Flip-Ethereum-in-Transaction-Volume-but-What-Next-.png [View same] [iqdb] [saucenao] [google]

>>50585149
>where it would react 0.5% of eth's congestion
AVAX flipped ETH's transaction volume back in January while maintaining transaction fees of around 23 cents compared to ETH's $63. Currently AVAX is at 0.9M transactions per day compared to ETH's 1.2M TPS. AVAX fees are even lower now thanks to subnets and the finality time is still subsecond, something Nakamoto coins like ETH will never achieve or even come close without sacrificing decentralization(SOL, FTM)

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