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RE: Crypto Academy Contest / S1W1 - Favorite Blockchain Network by @ronindboss

in SteemitCryptoAcademy3 years ago

Etherium blockchain is a poineer blockchain next only to BTC blockchain . As you rightly mentioned that PoS adoption would address sharding issue to enhance scalability and other cons of PoW algo . Moreover , the heavy gas fee imposed on ETH blockchain is also a hindrence for adoption of some wonderful use cases enmasse . Isn't it ?

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Yes, Ethereum has a heavy gas fee due to the nature of it's Blockchain, I've seen many users switch to Solana or Bsc network for faster transaction and low gas fee. Truly Ethereum is a wonderful Blockchain but it requires a lot of cost to run. The new Ethereum 2.0 aims at using PoS instead PoW which I think will solve the outrageous fees for transaction. Thank you for your comment...⭐

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