I do like ETH as a currency but I don't like the cost involved in using the currency. Transaction fees when you're building gaming dapps seems a little absurd to me, why would I want to pay a transaction fee just to perform some action in a game?
STEEM and similar currencies make a lot more sense to me, I don't need to pay in order to send my money somewhere. Want to send someone 1 cent? The do it. Want to send 100 STEEM off to an exchange? No charge at all. This makes sense to me. And I think fee free transactions is the way forward.
Nice summary though, my only correction would be that ETH hasn't seen huge growth in 2018, it's actually at a huge discount at the moment.
Wow, nice. Thanks for the information,
Other cryptocurrencies also have transaction fees and btc i think has the highest. But if the ethereum charge so much, why are there so many dapps on it. And why are somemany other ico lunch using the erc20. Im still learning nuch about coins. Please remember to check for the next coin please. Thamks
The fees aren’t huge but they’re not great. Building dapps on ETH is sort of the norm but more and more dapps are being built on EOS. Check them out if you haven’t already.
Okay i will thanks @mazzle