To be clear, donations go to the site owners who are currently paying for everything out of their own pockets. If you can spare them some change to help lighten their burden, please do.
Bitcoin and ethereum fees are expensive. They should accept litecoin or something of that nature. It costs $5 USD just to ensure that an ethereum transaction gets confirmed. A litecoin transaction fee is like a few cents or less.
Yeah with bitcoin's mempool being crowded with a bunch of transactions these days and the transaction fee to get confirmed being like $6-9 US, doing micro-transactions on-chain isn't feasible anymore. Bitcoin is cheaper than sending a SWIFT wire transfer internationally. Domestic EFT bank transfers within Canada are either free with an online bank or they're included at a cost of $4-5/month with a Big 5 bank. And Visa/Mastercard fees for merchants are cheaper for merchants except for very large purchases. But beyond that, bitcoin is not very useful anymore. And the same can be said for ethereum these days with it costing $5 to confirm a regular transaction in 12 minutes. If you want to execute a smart contract, it can cost considerably more than that. These cryptos can't scale on-chain unless they increase the block size.
To be clear, donations go to the site owners who are currently paying for everything out of their own pockets. If you can spare them some change to help lighten their burden, please do.
Their Bitcoin and Ethereum wallet addresses:
BTC: bc1qt5dhhz2ca2l7990cyr6h9f9hx8xslq554yrlgu
ETH: 0xcde859E8A352F7f4A7764462a9edf46D8903C32c
Bitcoin and ethereum fees are expensive. They should accept litecoin or something of that nature. It costs $5 USD just to ensure that an ethereum transaction gets confirmed. A litecoin transaction fee is like a few cents or less.
Y no lightning network? Lame
Yeah with bitcoin's mempool being crowded with a bunch of transactions these days and the transaction fee to get confirmed being like $6-9 US, doing micro-transactions on-chain isn't feasible anymore. Bitcoin is cheaper than sending a SWIFT wire transfer internationally. Domestic EFT bank transfers within Canada are either free with an online bank or they're included at a cost of $4-5/month with a Big 5 bank. And Visa/Mastercard fees for merchants are cheaper for merchants except for very large purchases. But beyond that, bitcoin is not very useful anymore. And the same can be said for ethereum these days with it costing $5 to confirm a regular transaction in 12 minutes. If you want to execute a smart contract, it can cost considerably more than that. These cryptos can't scale on-chain unless they increase the block size.