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    Author Topic: [ANN] GOLD - First 100% Liquid Stablecoin Backed by Gold  (Read 32211 times)
    Anonylz
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    February 20, 2022, 01:42:19 PM
     #1441

    I think gold token desperately needs to be on cheaper chains, ethereum fees are horrendous. One can always move back to ethereum if they want through cheaper chain without suffering from fees but opposite is not possible without paying $50-$100.
    Most likely on polygon network since its a layer2 solution and compatible in eth, but maybe they are concerned in security issues when shifting in another chain, Polygon network have a recent incident about hacking almost 800k matic last year.  (https://thecryptobasic.com/2021/12/30/polygon-admits-the-network-was-hacked-hacker-swiped-801601-matic-tokens/).  

    And a little congestion just mess the network up, lately, polygon has been very difficult to transact with, getting confirmation in your transaction will stay pending, speeding up the transaction doesn't help things in most cases,
    If they are supporting another chain is a good idea, but most of them also have issues,  eth is facing constant high fees, bsc much better, polygon really needs to get it together.

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