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Ethereum transaction fees are still in cents. They should start supporting it as a form of payment.

• kevingadd 9y ago
  Wouldn't that just contribute to Ethereum transaction fees getting higher, so they eventually have to remove it? They'd need to move to a cryptocurrency with better scalability (something eth might have in the future, but certainly doesn't have now)
  • justAnotherNET 9y ago
    Casper + Plasma will solve that.
• RexetBlell 9y ago
  They should add support for the Ethereum stable currency DAI: https://coinmarketcap.com/currencies/dai/ https://coinmarketcap.com/currencies/dai/ Most people don't want to use a currency for payments that is volatile.
• Zaheer 9y ago
  Side-questino: Does ETH as a coin benefit from all the coins that are built on top of Ethereum network?
  • peterkelly 9y ago
    In terms of demand - yes, since all transactions must be paid for in ETH.
• nebulous1 9y ago
  Actually it's pretty high too these days (not compared to Bitcoin of course) https://bitinfocharts.com/comparison/ethereum-transactionfees.html https://bitinfocharts.com/comparison/ethereum-transactionfee...
  • kss238 9y ago
    Since many of ethereums transactions are from smart contract that use lots of gas, looking at the average transaction fee is misleading. Check ethgasstation.info for the transaction cost of a simple transaction. $0.08 will get you confirmed in the next block, and $0.02 will get you confirmed in 15 min.
    • nebulous1 9y ago
      That's fair, but that is just the cost right now though. The gas price necessary to get into the next few blocks has varied a lot over the past couple of months. Ethereum is definitely not immune to transaction cost difficulties as currently designed.