#GasFeeImpact : The Challenge of Commissions in Blockchain

Gas fees, transaction costs on networks like Ethereum, significantly impact the adoption of blockchain. During times of congestion, fees skyrocket, limiting access to users with fewer resources and affecting key sectors like DeFi and NFTs, where frequent operations are essential. Emerging projects and small investors face barriers, reducing innovation and inclusivity. Solutions like Ethereum 2.0, Layer 2 (Polygon, Optimism), and efficient chain alternatives (Solana) aim for scalability to mitigate this problem. Sustainable cost reduction is crucial to democratize the ecosystem and enhance Web3. 🔥 #Crypto #Innovation