Vitalik: L2 transaction fees need to be under 5c to be 'truly acceptable'

Vitalik: L2 transaction fees need to be under 5c to be 'truly acceptable'

Despite Layer-2s offering relatively cheap transactions, Vitalik Buterin said that all transactions need to be under $0.05 to be truly acceptable. Ethereum (ETH) co-founder Vitalik Buterin believes that Layer-2 transaction fees need to be under $0.05 to be “truly acceptable.”Buterin made the latest comments in response to a Twitter post from the Bankless podcast host Ryan Sean Adams, who shared a screenshot of the average transaction fees for eight Ethereum Layer-2 platforms. The data is from L2fees.info, a website that compares the cost of Ether’s Layer-1 network in comparison to Layer-2s....


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