XinFin Brings Solution for Ethereum’s Slow Transaction Speed
- XinFin serves as an alternate solution for Ethereum’s slow transaction speeds.
- XinFin could support up to 2,000 transactions per second (TPS).
- XDC Network is best compared to ETH, DASH, , and many more.
XinFin (eXchange inFinite) serves as an alternate solution for Ethereum’s slow transaction speeds. Though many crypto fans see as the leading altcoin next to (BTC). Due to the issue of slow transaction speeds, many crypto developers look for an alternate solution to overcome the issue.
ETH users know transaction speeds could be accelerated by adding gas to motivate miners. This is considered to be one good move at times of high network congestion. Also, gas fees begin to rise with no limit across 2021.
On MAY 19, 2021, one crypto enthusiast paid $702.94 as gas fee for a $35,633.05 SushiSwap transaction.
Developers expressed huge concern at ETH’s congestion. This is mainly f…
This article was first published on coinquora.com
Continue reading on CoinQuora
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Credit: Source link