Micropayment Transactions

As the consensus mechanism does not rely heavily on rewarding the miners or staked pool holders, it will be possible to accommodate micropayment transactions cross-chain and cross- blockchain, which is not possible today, even after ETH 2.0 activates. The staked pool will have to be tipped, which will increase the cost of the transactions.

The average transaction fee for Ethereum in Q1 2022 was $16.75. This is not suitable for microtransactions.

Last updated

#65:

Change request updated