Vitalik Buterin Claims ETH Network Fees to Be Under $0.05


Vitalik Buterin says Layer-2 transaction fees, should be under $0.05 to be "really acceptable." 

He stated, “Needs to get under $0.05 to be truly acceptable IMO. But we’re definitely making great progress, and even proto-danksharding may be enough to get us there for a while!”

Buterin suggested that proto-danksharding would suffice for a while. "Blobs" of data, a new transaction type, would be introduced and accepted as part of Ethereum Improvement Proposal-4844.

The Metis Network, at $0.02, is the only Layer-2 that meets Buterin's required transaction fee of under $0.05.