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

Cointelegraph

Published May 03, 2022 10:08PM ET

Updated May 03, 2022 11:40PM ET

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 (NYSE:TWTR) post from the Bankless podcast host Ryan Sean Adams, who shared a screenshot of the average transaction fees for eight Ethereum Layer-2 platforms.

h3 Short term gas fee reduction/h3

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