Will the Ethereum 2.0 update reduce high gas fees? By Cointelegraph
May 15, 2022
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Will the Ethereum 2.0 update reduce high gas fees?Purpose of 2.0
The primary goal of the Ethereum 2.0 update is to improve scalability so that the network can handle more transactions without delays or high fees.
While the full effects of the update will not be felt until it is fully rolled out, some of the possible use cases for Ethereum 2.0 include:
The Ethereum platform’s popularity
The number of transactions on the Ethereum network
Addressing scalability and high gas cost concerns with Ethereum 2.0
Tips and tricks to spend less gas fees on Ethereum
Continue Reading on Coin Telegraph
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Will the Ethereum 2.0 update reduce high gas fees?Purpose of 2.0
The primary goal of the Ethereum 2.0 update is to improve scalability so that the network can handle more transactions without delays or high fees.
While the full effects of the update will not be felt until it is fully rolled out, some of the possible use cases for Ethereum 2.0 include:
The Ethereum platform’s popularity
The number of transactions on the Ethereum network
Addressing scalability and high gas cost concerns with Ethereum 2.0
Tips and tricks to spend less gas fees on Ethereum
Continue Reading on Coin Telegraph
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