Vitalik Buterin says ‘more tranquil must be done’ over excessive Ethereum txn prices

Vitalik Buterin says ‘extra aloof needs to be accomplished’ over high Ethereum txn charges

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In a brand unusual weblog put up revealed on Feb. 28, Ethereum co-founder Vitalik Buterin documented the persisted make a choice to toughen the network to better facilitate Ether (ETH) as a capability of payment.

Buterin shared how he tried to pay for tea for himself and chums at a coffee store in Argentina in 2021 nevertheless needed to pay 0.01 ETH (spherical $40 on the time), as that was the minimum deposit for the proprietor’s substitute myth. “I didn't thoughts the 3x overpayment and treated it as a tip,” the co-founder wrote.

<em>Ethereum median ready cases of block transactions. Source: Vitalik Buterin, Yinhong Zhao and Kartik Nayak</em>

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