These chains keep pumping, it seems like this is the next thing to blow up. I know that Aurora on NEAR is doing absolutely amazing right now and many people from the ETH community are moving there to get away from high gas fees.
There are many ways to avoid high fuel costs at this time, the solution is not only in Near or Aurora, but also in Tron and BSC as long as the desired support can be the same, so the solution to save fuel costs at this time has very many options
Yes. Indeed, a solution like this can be used to save transaction costs. Suppose we withdraw ETH, using the Ethereum network will cost 0.005 ETH, but we can use the BSC network with much lower transaction fees. However, we cannot use this method to withdraw coins to the parent wallet, for example withdrawing Bitcoin to the Core wallet. And we need to be careful before making a withdrawal, because not all exchanges support different networks.
This is why it is always good to double-check when making a transaction.
Because once you execute it and it is in different network, it will be a headache for you.
Most of the time, you can't recover it anymore because the exchange won't easily assist you with this kind of problem.
But it is really good that we have these cross-chain networks because you can transact with minimal fees.
And right now, we don't know when will ETH will reduce their gas fees, so these other networks are getting their demand from the community.
