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by ErikBjare
786 days ago
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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). |
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