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zippoxer | 5 years ago
Wrong. If all you wish for Christmas is to send some ETH, look no further than into ZK-Rollups such as zkSync & Loopring.
1) A transfer costs around $0.01 in fees.
2) ZK-Rollups are not sidechains. These are layer 2 solutions that settle on Ethereum with a novel trust model of 1-of-N: you only need to trust that a single node is honest!
3) Exchanges (such as Coinbase) would eventually support depositing/withdrawing to a rollup, which means most folks would never need to interact the expensive base layer directly.
Sending money across countries has never been cheaper, faster & as secure as it is now on an Ethereum ZK-Rollup.
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