Why are transaction fees so different? What changed that made Ethereum’s fees go up in recent years?
When I try to search for why transaction fees between Bitcoin and Ethereum are so different, all I can find are articles from years ago when apparentley Ethereum's transaction fees were much lower than Bitcoin's.
Now, Ethereum's fees are so much higher. I paid $17 for an Ethereum transaction the other day (and I hear other people pay upwards of $100), meanwhile, recently I pay between $0.08-$0.16 per Bitcoin transaction.
- Why are Bitcoin's and Ethereum's transaction fees so different?
- What changed that made it so Ethereum's fees used to be so low and now they're not?
submitted by /u/trufeats
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