⛽️ Vitalik Says That There Is Still More Work To Be Done To Solve The High Transaction Fees Issue On The Ethereum Network

Buterin believes there are still problems on the Ethereum network, despite recent improvements. One issue is the risk of high transaction fees and transactions not being accepted during periods of high activity. Poor user interfaces compound this problem.

Buterin also highlighted other challenges, such as internet reliability, the need for offline proof of transaction data, and the fragility of certain wallet recovery methods. He argues that work is still needed to improve the user experience and tackle these issues on the Ethereum network.

Buterin had to deposit 0.01 ETH (around $40 at the time) to pay for tea with friends in Argentina in 2021, due to the coffee shop owner's exchange account minimum deposit requirement.

Buterin treated the overpayment as a tip. In 2022, he encountered UI glitches in his mobile wallet and the need for extra gas to process a transfer when attempting to pay for tea at another location, resulting in two failed transactions.

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