Ethereum PoS case. An example of an opportunity for ETC and BCH in the future.
 | https://twitter.com/francis105d1/status/1561894655108648960 Read the full article by following the Twitter link. Ethereum has been in the spotlight lately because they are going to change from proof of work to a proof of stake (PoS) algorithm, developers are getting things ready, and they are supposed to make the change around Sept. 15, 2022, if everything goes according to plan. The hope for this change is that transaction costs on the network get cheaper, that DeFi tools continue to develop in the PoS chain and that users continue to flock to the ETH network so that holders benefit from transaction fees and the utility the network may provide. But not everything is perfect in this world, and at times, you must read the fine print to find the details. Bitcoin Cash could have the same opportunity once high transaction fees show their ugly face in the future, on-chain transactions go beyond $50, and the LN reserve fee becomes unbearable by any regular user that doesn't have at least 0.03 in liquidity. [link] [comments] |
