[Crypto Q&A] Looking at factors like scalability, low transaction fee and mass adoption opportunity for retail payments which are not resolved yet, shall ethereum be relevant in the future or another coin would take its place?

Convidado

I dont know 🤷🏻‍♀️

maybe the expensive fee can cause coin change, but if the fee eth is not updated

🤷🏽‍♂️

Mm 🤷‍♀️

Without a full transition to Eth 2.1 or a viable Layer 2 solution, increased usage on the Ethereum network could spell trouble. “In this period of investment and speculation, gas fees are very high,” said Will McCormick, adding that fees were as high as “between $25 and $75 per swap” as at last review. Going by the foregoing, Ether could lose its place to a more efficient network that offers better interoperability, scalability and least cost! At the moment, Ethereum is more experimental than being certain.

Right now, after the implementation of ETH 2.0 which was plotted to reduce fees and improve speed of the network for efficient transactions, the problem just begin again. The congestion has returned with fees soaring as high above $20 with no certainty on TPS immediate execution. The problems have gotten stakeholder to begin looking unto alternative like QTUM, NEO, DOT, ETC etc for a switch over. This problem caused by endless Defi functions and other project cases have made exchanges like Binance, Coinbase, Okex and other to suspend operations intermittently with Ethereum recently where a number of other exchanges already stopped working with Ethereum. Ethereum network has made users to see it more as experimental than real-time mainstay network and if this situation continues to operate epileptic stakeholders shall abandon it for potent network that has good roadmap for a sustainable future.

NOO!! high fee not recomended lol