Ethereum vs. Avax on social media rages as L1 fees continue to rise
Ethereum in the face of heat in the social media
The high fees that users have to pay to transact on Ethereum L1 urge the channel's supporters to make their voices heard on social media about the problems it causes. Zhu Su, CEO of Three Arrows Capital, expressed unease with the current state of the Ethereum chain and how his supporters have failed to scale up its operation. On Twitter, Su said :
Su criticized the fact that for newcomers the channel is unusable due to its high cost. The tweet had over 15,000 likes, including 4,000 in the first hour of the tweet. This display of unease was also supplemented by the opinion of other industry insiders, such as Ryan Selkis, CEO of Messari, who indicated :
An avalanche enters themelee
Avalanche is often opposed to Ethereum as one of the most prolific substitutes in the cryptocurrency market right now. Although the network offers lower transaction fees, this is often attributed to the lower usage it experiences compared to Ethereum. On this subject, Emin Gun Sirer, Founder and CEO of Ava Labs stressed :
Supporters of the original smart contract chain focused on chain scaling with L2 solutions based on rollups, like Arbitrum and Optimism , which led some users to other channels like Avalanche and Solana because the high fees are unlikely to change s yeah.
Tags in this story Avalanche , AVAX , Emin Gun Sirer , ETH , Ethereum , messari , Ryan Selkis , three uppercase arrows , Zhu su
What do you think of the scale wars between Ethereum and Avax? Let us know in the comments section below.
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