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RE: INTRODUCTION TO ACALA

in LeoFinance2 years ago

thanks for shading the light for this opportunity, but I don't understand the optimism about Etherium and everyone is avoiding the ERC-20 because of the gas fees>

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The problem of gas fees is being solved and has been strongly mitigated since the August update and those following, there are new proposals under discussion: EIP 4488 for example is a proposal that aims to redistribute the fees on the type of calls, reducing from 16 to 3. But the real solution will be the transition to ETH 2.0 that will be POS, which will increase the processing capacity of ETH. Simply put, right now ETH is the leading smart contracts platform and DEFI in existence, with implementations already underway, ETH will definitely perform better than BTC because it has more extensive practical applications.