cryptobillons
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Bullish
$INJ #INJ
45$
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Injective launches gas compression: lowest transaction costs in history
Injective today introduces one of the biggest technical breakthroughs to date with the launch of gas compression, making transaction costs on Injective the lowest of all cryptocurrencies.
For example, minting 1000 NFTs on Injective will cost just $0.30, which is more than 100 times lower than the cost on Ethereum or 500% lower than the cost on a chain like Polygon. High-frequency traders or dApps that require complex transactions can manage to send hundreds or even thousands of transactions per second at a fraction of the cost relative to any other chain.
In essence, now any transaction, whether staking, trading on a dApp, lending, minting an NFT, voting on a government proposal, and more, will incur effectively zero cost.
It is truly the beginning of a new era for Injective and Web3 as a whole.
🚀 45$
45$
Advertisement
Injective launches gas compression: lowest transaction costs in history
Injective today introduces one of the biggest technical breakthroughs to date with the launch of gas compression, making transaction costs on Injective the lowest of all cryptocurrencies.
For example, minting 1000 NFTs on Injective will cost just $0.30, which is more than 100 times lower than the cost on Ethereum or 500% lower than the cost on a chain like Polygon. High-frequency traders or dApps that require complex transactions can manage to send hundreds or even thousands of transactions per second at a fraction of the cost relative to any other chain.
In essence, now any transaction, whether staking, trading on a dApp, lending, minting an NFT, voting on a government proposal, and more, will incur effectively zero cost.
It is truly the beginning of a new era for Injective and Web3 as a whole.
🚀 45$
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