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Author Topic: blockchain adoption  (Read 288 times)
arjuna BTC (OP)
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March 01, 2021, 10:34:31 PM
Last edit: March 30, 2021, 12:27:50 PM by arjuna BTC
 #41

The blockchain technology market is just at the beginning of its journey. Companies are gradually adopting blockchain to optimize production. Blockchain would be convenient for all governments and corporations to gain the trust of the population and customers. For example, transparent conduct of transactions, public publication of results, payment for transactions without delays.


yes, this is only the beginning
you wrote about payment for transactions without delays, and depend on the current situations especially on ethereum blockchain we must add more gwei to pay the fees, and if we put a lower gwei for sure the delay on our transactions will be happend
thats why i said if we want to see mass adoptions in this tech, we need feeless on our transactions right ?

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Kelvinid
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March 01, 2021, 11:07:07 PM
 #42

feeless is needed if we want to see mass adoptions in blockchain technology. right ?
because if the fee is very high its impossible for all sectors to adopt this technology
here some nice article to read
https://cointelegraph.com/news/going-feeless-is-the-only-way-to-enable-blockchain-adoption

what do you think guys ?

It is really when this situation will be kept. Fees are not favorable to our ends and those small scales investors will likely not choose crypto, they choose the stock market. If this won't have a solution and the if this is a contiguous problem, I'm not surprised that many people will step back and leave crypto.

This is a big challenge now and I hope Vitalik will take action ASAP. We can't move ERC20 now, you pay $5-10, which is a big amount for those who keen in terms of profit gain. Because if that only $1-2, and even you just transfer a token worth $30, that is acceptable. Bounty hunters are crying for now, and I feel them.
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March 02, 2021, 03:15:47 PM
 #43

yes, this is only the beginning
you wrote about payment for transactions without delays, and depend on the current situations especially on ethereum blockchain we must add more gwei to pay the fees, and of we put a lower gwei for sure the delay on our transactions will be happend
thats why i said if we want to see mass adoptions in this tech, we need feeless on our transactions right ?
Of course, feeless is needed for mass adoption, and I am sure that in the future there will be projects that can overcome this. Speaking of ETH, currently ETH will migrate to ETH 2.0 and hopefully after 2.0 runs its fees will be much lower.

yeah, ETH 2.0 is the hope for ethereum lovers now, because if the fees on eth still high, a lot of project will move from eth blockchain to other blockchain with cheap fees

Precisely! developers are now looking for other alternatives BSC is gaining attention as ERC is really killing every traders and investors.

It needs for better adjustment if ETH team doesn't want to lose more clients they need to work things out, if possible not just to adjust but to
have a feeless transaction that's really amazing.

For now, it's really a big hope for every single holders to transact and keep moving with their erc tokens.
optimisticcm
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March 02, 2021, 07:14:41 PM
 #44

feeless is needed if we want to see mass adoptions in blockchain technology. right ?
because if the fee is very high its impossible for all sectors to adopt this technology
here some nice article to read
https://cointelegraph.com/news/going-feeless-is-the-only-way-to-enable-blockchain-adoption

what do you think guys ?

Yeah it is all about scalability in the end just what we have seen with bitcoin and ethereum both are facing the issue but the good thing is that work is being done in this regard. I dont think feeless transactions are possible but cheap and fast transactions is definitely required for adoption.

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March 02, 2021, 11:36:55 PM
 #45

I dont think feeless transactions are possible but cheap and fast transactions is definitely required for adoption.
It's possible dude and there some platforms that already created feeless blockchain to give the advantage for the users to send zero fees transaction
Fast tx is really needed to develop the blockchain game, dapps and various things. Any activities on the blockchain will always be related to the peer to peer transaction.
That will bring more adoption.

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