Every time I’m about to do any transaction on the Ethereum network, I’m shocked again by the ridiculously high fees that often cost more than the transactions worth!
It almost feels like I’ll be spending all my Ethereum just while trying to transact with it.
Now I’m no scientist and I certainly can’t explain how the Ethereum network works, though I do understand that apparently it has a tremendously high maintenance cost hence the high gas prices, however I can tell that it is absolutely not feasible for a regular user.
This ain’t new, but every time it bothers me, I just can’t wrap my brain around it.
I understand that there are other networks and some that specifically focus on low gas prices, but Ethereum is still the first and many companies and layer 2 platforms are running on it.
Feel free to share some of your frustration about this in the comments.