Hacker News new | past | comments | ask | show | jobs | submit login

Ethereum average block time is 12s (with low variance) and high chance of getting tx included in the next block. Still too long for a point-of-sale payment, but its feasible. Then there's fees that are too high on L1 (several dollars minimum).

L2s fix this (~immediate settlement, cents in fees), but it's another layer and another account for users to manage (which is annoying).




Consider applying for YC's W25 batch! Applications are open till Nov 12.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: