> Plus, gas fees. It's currently cheaper to wire money than to send some ETH.
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.
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.