Won’t Polygon Become Irrelevant When ETH Reduces Their Gas Fees to Cents in Future Upgrades?Discussion on Cryptocurrency › Forums › Featured Coin Sub-Forums › Polygon [MATIC]This topic has 1 reply, 1 voice, and was last updated 2 months ago by stupidcupid112.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts Wednesday, October 5th, 2022 at 06:44 #387218 TheGreatest34567ParticipantWhat is the reason why Polygon will survive and thrive even after ETH drops their gas fees to just cents in their future upgrade? Wednesday, October 5th, 2022 at 06:44 #387219 stupidcupid112Because polygon isn’t just a L2, it’s a side chain and ETH will need polygon to scale.AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Register Log In Related Forum Topics: → Question: Even if ETH L2 scaling solutions reduce gas fees down to 5 cents per transaction and ETH becomes infinitely scalable, how can one achieve broad adoption of Web 3.0 DAPPS like ‘Social Media’ or ‘Video Games’ if I still have to pay 5 cents to send a message for example? → ETH founder Vitalik Buterin says crypto payments will “make sense” as transaction fees fall under a cent. Do you think the ETH 2.0 merge will reduce gas fees on ETH ETH? → If eth2 reduces gas fees, why would anyone need to hold large amounts of eth? Why not exchange in the moment of transaction? Wouldn’t this significantly lower the price as it is more of a deflationary asset? Doesn’t this reduce its practicality as a currency?