4 upvotes, 1 direct replies (showing 1)
View submission: The Great Reddit Scaling Bake-Off
Considering Tether users are burning 2.5 million dollars every 30 days to move the stable coin, which roughly translates into 80k daily, 500 dollars sounds great.
Comment by lightclient at 19/06/2020 at 17:55 UTC
3 upvotes, 0 direct replies
Batching would save them a fortune. The intrinsic gas cost of a tx is 21,000 [1[1]], whereas the gas to actually execute the transfer is only ~5,000 [2[2]].
2: https://etherscan.io/tx/0xabe50a14b3baa33583c8427ba692060a0a2cb335c71a225caa8f7e412b12516f