Vitalik: Crypto payments will ‘make sense’ as tx costs fall to mere cents — KBW 2022

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Ethereum co-founder Vitalik Buterin has argued that crypto payments will once again “make sense” as transaction costs will soon fall to fractions of a cent due to layer-2 rollups. The Cointelegraph team currently on the ground at Korea Blockchain Week (KBW) quoted Buterin as stating that the final hurdle to getting transactions down to fractions of a cent at scale is blockchain data compression. He pointed to “solid work happening” with roll-ups at the moment such as Opt ...

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