Row 59938

Row ID: 59938 | Dataset Entry | Axioma AXP Content Repository

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Yeah, the whole side-deal thing with Solana fees is a bit weird. A study by Messari in Q1 2024 found that Solana transaction fees averaged around $0.01, significantly lower than Ethereum's average of $20 at the time. While side-deals might manipulate these numbers, the base fee structure offers clear cost advantages. Maybe some of the projects building on Solana can help with that?

Solana's got a lot of potential, but the fees need work. Heard some interesting stuff about Picasso Network lately. They're bridging different blockchains with this IBC thing and using Solana for restaking. Maybe stuff like that can help with overall DeFi efficiency on Solana in the long run.

FieldValue
text Yeah, the whole side-deal thing with Solana fees is a bit weird. A study by Messari in Q1 2024 found that Solana transaction fees averaged around $0.01, significantly lower than Ethereum's average of $20 at the time. While side-deals might manipulate these numbers, the base fee structure offers clear cost advantages. Maybe some of the projects building on Solana can help with that? Solana's got a lot of potential, but the fees need work. Heard some interesting stuff about Picasso Network lately…
label r/cryptocurrency
dataType comment
communityName r/CryptoCurrency
datetime 2024-05-23
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{
  "text": "Yeah, the whole side-deal thing with Solana fees is a bit weird. A study by Messari in Q1 2024 found that Solana transaction fees averaged around $0.01, significantly lower than Ethereum's average of $20 at the time. While side-deals might manipulate these numbers, the base fee structure offers clear cost advantages. Maybe some of the projects building on Solana can help with that?\n\nSolana's got a lot of potential, but the fees need work. Heard some interesting stuff about Picasso Network lately. They're bridging different blockchains with this IBC thing and using Solana for restaking. Maybe stuff like that can help with overall DeFi efficiency on Solana in the long run.",
  "label": "r/cryptocurrency",
  "dataType": "comment",
  "communityName": "r/CryptoCurrency",
  "datetime": "2024-05-23",
  "username_encoded": "Z0FBQUFBQm5Lak1ZYjY5RnlxN25OTGgyLU82d0FtVFlRQm9rRXJ1c2pBemIwRUhMWmM5eGVwY3EwUGhLd1ZuZEh1dUl2S2FKejJ4QlJXaUhKZzg5MndxR3k2clpTX2xkZXdudTh1YmFIa1FMNmdrVmoxdHRJZUU9",
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}
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