I just looked at how much it would cost to claim a reward from a smart contract I have money invested in. I would claim $16 and transferring it to my wallet would cost $169. I don't see how this is affordable.
I'm assuming your smart contract is not in Bitcoin, since current BTC transaction fees are under $0.70 per standard transaction for 90% chance of confirmation in 30 minutes or less.[0] A smart contract in BTC might involve larger transactions, or multiple transactions, but probably not the equivalent of 240 standard transactions.
The article is about El Salvador's switch to Bitcoin, so the price of smart contracts in Etherium, or some other system, is beside the point.
nybble41|4 years ago
The article is about El Salvador's switch to Bitcoin, so the price of smart contracts in Etherium, or some other system, is beside the point.
[0] According to <https://bitcoiner.live/?confidence=0.9> at 6:31 PM CDT.
unknown|4 years ago
[deleted]
koonsolo|4 years ago