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Questions related to the transactions fees and gas costs in Ethereum

0 votes
1 answer
601 views

Best way to conver ETH to a layer 2 ETH or Wrapped ETH to convert to USDC or USDT?

I have a small amount of ETH ($100) and I want to use uniswap to convert it to USDC or USDT, but the fees of $20-$50 is a bit ridiculous. … Is there a layer 2 solution that is WORKING that can convert to USDC easily without all the crazy fees? Or even a wrapped ETH token on another platform that can convert to USDC or USDT? …
Patoshi パトシ's user avatar
0 votes
0 answers
164 views

Achieving ZERO fee ethereum transactions like EOS

How would Ethereum take on the approach of how EOS have ZERO fees when making a transaction? … Does the upcoming POS upgrade provide something similar or does GAS Fees always have to play a factor in running smart contracts? …
Patoshi パトシ's user avatar
1 vote
1 answer
229 views

If blocks aren't full, why can't I set a gas fee of 1-10 gwei? Who dictates that it needs to...

If blocks aren't full, why can't I set a gas fee of 1-10 gwei? Who dictates that it needs to be 20-30 gwei when blocks aren't even full? And where is the best place to adjust my gas fee if I don't min …
Patoshi パトシ's user avatar
0 votes
1 answer
429 views

How much does it cost to clog the Ethereum Network exactly?

But the real question is how much does it actually cost to clog the Ethereum network to cause $100-$300 gas fees with the current value of $2000/eth today? …
Patoshi パトシ's user avatar
1 vote
1 answer
423 views

Who and where do the ETH gas fees goes to on L2 layers like Arbitrum and what is required to...

Arbitrum gas fees are paid in ETH, but these fees do not goto ETH miners/stakers. Who do they go to exactly? If there are L2 arbitrum validators, what are the requirements to become one? …
Patoshi パトシ's user avatar