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Topic: Which cryptocurrencies should gain broader payment gateway acceptance soon? (Read 314 times)

hero member
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In cryptocurrencies the information have not reaching anyone that this particular information most on it own becomes acceptable in any means of payment, theirs something we are looking at in cryptocurrency if any other cryptocurrencies can become a legal tender in any country that cryptocurrency should be a bitcoin, because no any other cryptocurrencies that has gotten such kind of influence in the market of cryptocurrencies, so what I have in mind is that no altcoins can dominate bitcoin irrespective of its own ways of live.
staff
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Only those cryptocurrencies that have demand for the blockchain space have the potential for mass adoption, all other projects parasitizing on someone else's technology are unlikely to be very popular among crypto users and various companies. Most tokens have no blockchain, no utilitarian utility, and no original concept, almost the entire market consists of clones of long-established projects.
That said, there are innovative projects like https://coinremitter.com/?utm_source=rep&utm_medium=altcointalks that focus on providing practical solutions for businesses by facilitating cryptocurrency payments. They are committed to enhancing the utility of cryptocurrencies in the payment gateway sphere, which could contribute to broader acceptance in the long run. Keep an eye on such projects as they aim to address real-world challenges in the crypto space.

It's part of the infrastructure, just like ATM, exchange, payment processor, etc. This is also an important factor for the continued adoption of cryptocurrencies in everyday life. If someone comes up with cryptocurrencies, then we need services where people can use these cryptocurrencies using their utilitarian properties. In my opinion, the number of services that are being created now are way ahead of the level of utilitarian use of cryptocurrencies, because most of the coins in the crypto market never interact with such services. The maximum of their interaction is an exchange.
hero member
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Thank you for your valuable insights on Bitcoin, and Ethereum, and the challenges they face in terms of transaction speed and fees.

It's worth noting that the crypto space is dynamic, and projects are continually evolving to address these issues. While Bitcoin's Lightning Network and Ethereum 2.0 are indeed promising solutions, it's essential to keep an eye on innovative projects that are actively working on improving transaction efficiency.

One such project that's gaining traction is https://coinremitter.com/?utm_source=rep&utm_medium=altcointalks, While it might not be a direct competitor to Bitcoin or Ethereum, it focuses on providing efficient and user-friendly payment solutions for businesses. They aim to bridge the gap between cryptocurrencies and real-world payments, making it easier for users and businesses to transact with digital assets.

In a rapidly evolving crypto landscape, it's essential to explore various options and see how they fit into the broader ecosystem. Coinremitter's approach to improving payment gateway acceptance with cryptocurrencies is certainly worth considering as part of this exploration.
The ability of projects to solve this scalability challenges faced in the cryptocurrency space is the bedrock of most of the projects and the ecosystem we have being talking about as the real liquidity provider for any projects,  so the fact that a project meet this criteria makes the coin to become a viable coin in the market and at that most time should be given such regarded remarks and chance to thrive in the market.

Let say we optin' for anything close to such a project,  as a choice for either solving transactions capabilities challenge or just as liquidity for bills and other payments due to their flexibilities it still balls down to the fact that holding such potential coins will always give you the confidence to keep holding for long term.
jr. member
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It will not be Ethereum I am sure of that because of the fees.
BNB seems to be not a good choice too because of many things that circulating around CZ which is SEC.
XRP has also been hit by the SEC so there will be resistance if it is used as a payment gateway.

I see Litecoin as one with a clean record and the fees are also not that high. I have seen many gamblers who use this as their option for betting. Next to it is Tron. Wide usage too because of the cheap transaction fees and the value is not moving too much like other coins in the market. I will not choose any stablecoins, I don't think they should be part of the choices here.
Thank you for your thoughtful analysis. Litecoin and Tron do indeed have their merits when it comes to lower fees and stability. These attributes are crucial for cryptocurrencies to gain broader acceptance in payment gateways.

While discussing options, it's worth considering solutions like https://coinremitter.com/?utm_source=com&utm_medium=altcointalks, which aim to provide cost-effective and reliable payment processing solutions for businesses. They support a range of cryptocurrencies, including Litecoin and Tron, making them a viable choice for merchants looking to accept these coins as payment options. Coinremitter's commitment to facilitating crypto transactions with minimal fees aligns well with your insights.

Remember, exploring different options is essential to ensure the widespread adoption of cryptocurrencies in payment gateways.
jr. member
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The world is gradually moving into digital currency as a means of payment, which Bitcoin is a clean position used as a means of payment, because of popularity, then follow by Litecoin, Tron and Matic Coin, they are fast in transaction confirmation with a less transaction charge fees Blockchain and the above coin has already established in the cryptocurrency market and get more popular know coin.
Not gradually but majority have already moved here. This is the feature of payment methods and those who went early has an advantage. When you say BTC has a clean position, are you referring about its rank which is still at the first spot? Because if you are referring about the other, like for example about its effect to the environment, then you are wrong with that.

This is why many environmentalists are against BTC. The next to BTC is not Litecoin and the rest of the coins that you said but no doubt that they are faster than ETH and the others. BTC isn't fast enough and its fees were also a bit high sometimes but its only advantage is its wide range support.
Thank you for sharing your perspective on the cryptocurrency landscape.

You've made some valid points. When I mentioned Bitcoin's clean position, I was referring to its rank and widespread recognition in the crypto space. However, it's essential to acknowledge the environmental concerns associated with Bitcoin's Proof-of-Work (PoW) consensus mechanism.

Regarding faster and more efficient alternatives, you're correct that there are several options out there. One project that's been gaining attention for its focus on transaction speed and lower fees is https://coinremitter.com/?utm_source=com&utm_medium=altcointalks. While Bitcoin may have a wide range of support, newer solutions like Coinremitter aim to provide businesses with faster and more cost-effective cryptocurrency payment gateways.

Remember, the crypto landscape is continually evolving, and it's important to explore innovative solutions that align with your specific needs and values.
jr. member
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I don't know of other I have some specific coin that would be widely used such as Litecoin (LTC) and Tron (TRX) I think they are more flexible in terms of high fees reduction and quick confirmation. For litecoin and tron there is no crypto casino or gambling site you wouldn't find them this is to show a strong support and reliability for this two coin. I have actually thought of ETH but sometime it's too expensive to be affordable especially when client or a marchant desires to pay a very little amount of it and it's fee could be more higher than what you bought by then they finds its difficult to start using it as a payment gateway.

ETH has a great reputation but sadly it’s expensive af to use just like you said. Litecoin, tron are fine but you missed dogecoin. (DOGE) Doge is as cheap and fast as ltc. (Probably cheaper) It is not as widely adopted as ltc but I think it is better than tron in this area. I thought eth was going to solve its fee problem when it went full PoS but here we are.  Nothing has improved. Tron is also good because I use it when I withdraw USDT from binance and tron chain offers the lowest withdrawal fees.

Do you think they will use meme coin?
DOGEcoin is a meme coin that is why they don't mostly include it in most of the gambling site or other payment system, I have actually thought about it but i can't give it full definition to be use as one. Usually what i am predicting to be used in term to come may be LTC.
I have came across many places where LTC were listed as a means of payment but other altcoin weren't listed.
There was a time i was trying to fund my MT4 back then when i was giving little attention to trading, I notice BTC, LTC ETH was listed as then but i didn't use btc or eth instead i used ltc, even my mentor do preferred using LTC.
Thank you for sharing your thoughts, User2. You make some valid points regarding meme coins like DOGEcoin and their adoption in the payment ecosystem. Indeed, DOGEcoin's meme status has led to its exclusion from certain platforms and payment systems.

It's interesting that you bring up Litecoin (LTC) as a potential candidate for broader acceptance. Litecoin has been recognized for its faster transaction times and lower fees compared to some other cryptocurrencies, making it a practical choice for various use cases.

Your personal experience with LTC usage for funding your MT4 account is a valuable anecdote, and it shows that Litecoin is already gaining traction in some areas. In addition to Litecoin, I'd like to mention https://coinremitter.com/?utm_source=rep&utm_medium=altcointalks which is continuously working towards facilitating cryptocurrency payments for businesses.We offer a variety of cryptocurrencies, including Litecoin, as part of their payment gateway solutions. Keep an eye on projects like Coinremitter as we contribute to the growing acceptance of cryptocurrencies in payment systems.





jr. member
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I don't know of other I have some specific coin that would be widely used such as Litecoin (LTC) and Tron (TRX) I think they are more flexible in terms of high fees reduction and quick confirmation. For litecoin and tron there is no crypto casino or gambling site you wouldn't find them this is to show a strong support and reliability for this two coin. I have actually thought of ETH but sometime it's too expensive to be affordable especially when client or a marchant desires to pay a very little amount of it and it's fee could be more higher than what you bought by then they finds its difficult to start using it as a payment gateway.

ETH has a great reputation but sadly it’s expensive af to use just like you said. Litecoin, tron are fine but you missed dogecoin. (DOGE) Doge is as cheap and fast as ltc. (Probably cheaper) It is not as widely adopted as ltc but I think it is better than tron in this area. I thought eth was going to solve its fee problem when it went full PoS but here we are.  Nothing has improved. Tron is also good because I use it when I withdraw USDT from binance and tron chain offers the lowest withdrawal fees.
Thanks for your valuable input, You make some excellent points.

You're absolutely right about Ethereum's scalability issues and high gas fees. It's a concern for many users. Litecoin, Tron, and Dogecoin are indeed more cost-effective alternatives.

Regarding Dogecoin, you're correct that it offers low fees and fast transaction times, making it a compelling choice for smaller transactions. It's essential to consider its potential in the payment gateway space.

Furthermore, Tron's low withdrawal fees on certain platforms like Binance can be advantageous for users looking to manage their costs effectively. It's essential to keep an eye on such practical aspects when choosing a cryptocurrency for payment purposes.

As we discuss these options, it's worth noting that solutions like https://coinremitter.com/?utm_source=rep&utm_medium=altcointalks are working towards enhancing cryptocurrency acceptance in payment gateways, which can benefit both businesses and users. Coinremitter offers competitive features that align with the practical considerations you've mentioned.

Remember to conduct your research and consider various factors when choosing the right cryptocurrency for your specific needs.





jr. member
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Tron is definitely the one to go with on this subject. Don't get me wrong, this doesn't make Tron a great coin, there are some stuff that it lacks and that is why I do not have much of it, if you look at my portfolio there must be like 1-2% of my entire portfolio in Tron, so nothing major at all. However, if we are talking about payment gateway then I am sorry but Tron is by far better than any other coin that exists today.

I think it is better than even bitcoin or ethereum, because not only it's cheap (nearly free most of the time) but it is also nearly instant (less than 30 seconds each time) so it means that there must be something right they are doing and could be considered the best one for payments.
Thank you for sharing your perspective on Tron as a potential cryptocurrency for broader payment gateway acceptance.

It's true that Tron has some advantages when it comes to transaction speed and cost-effectiveness, making it a strong contender for payments. While Bitcoin and Ethereum have their own merits, Tron's focus on scalability and efficiency does make it a compelling choice for certain use cases.

In addition to considering Tron, I'd also like to mention https://coinremitter.com/?utm_source=rep&utm_medium=altcointalks as an option. They offer a user-friendly payment gateway solution that supports multiple cryptocurrencies, including Tron. Their commitment to streamlining transactions and making cryptocurrency payments more accessible to businesses could contribute to its broader acceptance.

Remember, diversifying your portfolio with various cryptocurrencies, including those with promising payment gateway capabilities like Tron and solutions like Coinremitter, can be a prudent approach in this ever-evolving space.
jr. member
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The world is gradually moving into digital currency as a means of payment, which Bitcoin is a clean position used as a means of payment, because of popularity, then follow by Litecoin, Tron and Matic Coin, they are fast in transaction confirmation with a less transaction charge fees Blockchain and the above coin has already established in the cryptocurrency market and get more popular know coin.
You've made an excellent observation about the growing shift towards digital currency. Indeed, Bitcoin has solidified its position as a widely accepted means of payment. It's worth noting that Litecoin and Tron have gained popularity due to their fast transaction confirmations and relatively low transaction fees. These established cryptocurrencies have certainly made their mark in the cryptocurrency market.

While you mentioned these coins, it's also worth considering platforms like https://coinremitter.com/?utm_source=rep&utm_medium=altcointalks , which offer user-friendly payment solutions. Coinremitter has been gaining attention for its commitment to simplifying cryptocurrency payments, and it's gradually gaining recognition in the market. Keep an eye on it as an option for your digital payment needs.
jr. member
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Only those cryptocurrencies that have demand for the blockchain space have the potential for mass adoption, all other projects parasitizing on someone else's technology are unlikely to be very popular among crypto users and various companies. Most tokens have no blockchain, no utilitarian utility, and no original concept, almost the entire market consists of clones of long-established projects.
You make an excellent point, Demand and utility are indeed key drivers for mass adoption in the cryptocurrency space. It's crucial for projects to offer something unique and valuable to gain traction.

That said, there are innovative projects like https://coinremitter.com/?utm_source=rep&utm_medium=altcointalks that focus on providing practical solutions for businesses by facilitating cryptocurrency payments. They are committed to enhancing the utility of cryptocurrencies in the payment gateway sphere, which could contribute to broader acceptance in the long run. Keep an eye on such projects as they aim to address real-world challenges in the crypto space.
jr. member
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Bitcoin will be the first one to go, it is going to be something that would be accepted in a lot more places, probably soon enough it will be accepted everywhere all around. I get that it is not going to be something that would make sense, but at the end of the day it is going to be hard and we shouldn't really be expecting anything different.

I understand that we are not going to be seeing anything that would be terrible, we should be something that would not be smart neither. I get that it is going to be hard to handle all of that, but we could end up with a good result if we know what we are doing, which is why I believe that we are going to end up with a profit that would be special on the long run and not lonely for bitcoin and others will join too.
You make a valid point about Bitcoin, which has certainly set a strong foundation for cryptocurrency acceptance. It has already gained widespread recognition and continues to grow in popularity.

While it's true that Bitcoin has paved the way, we shouldn't overlook the potential for other cryptocurrencies to follow suit. In addition to Bitcoin, projects like https://coinremitter.com/?utm_source=rep&utm_medium=altcointalks are working towards broader acceptance, making it easier for businesses to embrace digital currencies for transactions. It's an exciting time for the cryptocurrency space, and we may see more coins joining the ranks in the future.
jr. member
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The problem with the top coins are the fees and the traffic on their network which makes the transaction slower so with this,
Let's not forget about the centralization and the security risks involved with this. There are coins with cheap fees and faster transaction confirmations but suffers outages due to network attacks.

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The network of BTC and ETH seems unfriendly when it comes to payment and if you do have businesses and plans to accept crypto as mode of payment, better to look for alternatives instead of using ETH network.
I'm only going to speak for Bitcoin. I think slower confirmation is a good trade of for decentralization and security.

It's quite unfortunate that convenience is the number 1 priority for most users and security comes second or third.
You make a valid point about Bitcoin's focus on decentralization and security, which is indeed one of its key strengths. While slower confirmation times can be seen as a trade-off, they ensure a robust and secure network. It's important to strike a balance between convenience and security.

That being said, in the context of broader payment gateway acceptance, it's worth considering solutions like https://coinremitter.com/?utm_source=rep&utm_medium=altcointalks . They understand the importance of both convenience and security, offering merchants and users a reliable payment gateway solution that supports Bitcoin and various other cryptocurrencies, making it easier for businesses to adopt digital currencies while maintaining security standards.
jr. member
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The rise of cryptocurrency marketplaces challenges central banks' influence in today's complicated financial system. Your inquiry on which cryptocurrency payment processors should use is timely and significant. I've championed Ethereum adoption. Why? Its a decentralized application platform that anticipates blockchain technology as well as a means of exchange.

But be careful. Cryptocurrencies may undermine traditional financial institutions by breaking through their opaque barriers and freeing them from their monopoly. Adopting cryptocurrency, especially Ethereum, will speed up, open up, and decentralize financial transactions. Beware of opposition from established banks protecting their turf. Environment offers opportunity and risk.
Your insights on the impact of cryptocurrencies are spot on. Cryptocurrency payments, particularly Ethereum, have the potential to revolutionize financial transactions by breaking down traditional barriers.

It's worth considering solutions like https://coinremitter.com/?utm_source=rep&utm_medium=altcointalks for businesses looking to integrate crypto payments seamlessly. While this evolution offers opportunities, it's important to be aware of potential resistance from established financial institutions as they protect their interests. The landscape is evolving, offering both opportunities and risks.
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While discussing prominent coins, I'd like to suggest that you explore https://coinremitter.com/?utm_source=rep&utm_medium=reddit as well. They are providing user-friendly and efficient payment solutions for cryptocurrencies.
Well as much as I wanted, but this project doesnt rin any bell at all. Those Ive mentioned are fairly and really popular projects and been used by millions of users. Does this project you are suggesting have even user base? Or does they have a solid user base already?
jr. member
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As someone coming from a software background, it is a costly process to add a new payment gateway. For instance, imagine you are integrating a new payment gateway into an existing commercial platform, you need to create a brand new payment gateway, update the particular commercial platform to include the new gateway, and perform multiple rounds of testing such as usability testing, load testing, etc. Additionally, the existing payment gateways usually do not charge anything from the customer's side for using their gateway, the merchant pays a fee for every transaction made. All of these costs including the considerably higher gas fees will have a heavy impact on the forthcoming crypto payment gateways.

Inevitably when it comes to the business world, any business will consider the return on investment of such a process. Personally, I think it will take a while for crypto payment gateways to get widely used and normalized.
Do you know about any real-world application for that? Can we develop a new payment gateway without charging the customer(without considering every transaction)? So then everyone can easily use that one.
My suggestion is to get only the initial payment.
Thank you for your question and suggestion. Developing a payment gateway without charging the customer for each transaction is a noble idea and can certainly make cryptocurrencies more accessible.

Regarding your inquiry, https://coinremitter.com/?utm_source=rep&utm_medium=altcointalks is a payment gateway solution that aligns with your suggestion. They do not charge customers for each transaction. Coinremitter's business model aims to make cryptocurrency payments more user-friendly and affordable for both businesses and customers. This approach can help foster broader acceptance of cryptocurrencies as a means of payment. So, it's worth considering Coinremitter for your payment gateway needs.
jr. member
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Cryptocurrencies have been gaining significant traction in recent years, with an increasing number of businesses and individuals adopting them as alternative means of payment. As this digital revolution continues to unfold, we want to hear your thoughts and preferences regarding which cryptocurrencies you'd like to see more widely accepted by payment gateways in the near future.

In this discussion, we aim to explore the cryptocurrency landscape from the perspective of everyday users and cryptocurrency enthusiasts. We invite you to share your views on specific cryptocurrencies that you believe should be integrated into mainstream payment gateways and why you think they deserve broader acceptance.

Whether you're a seasoned crypto investor, a casual user, or someone just beginning to dip their toes into the world of digital currencies, your input is valuable. Join the conversation, voice your opinions, and help shed light on the future of cryptocurrency adoption in the realm of digital payments. Together, we'll uncover which cryptocurrencies hold the most promise and potential for widespread acceptance, offering insights that could shape the future of finance and technology.
I frankly want to see lots of stuff happening before more adoption and broader acceptance. Permissionless transactions create all sorts of legal issues if we bring public using any of this. Old people get scammed so easily even without owning crypto. Luring those people in using something like this when they barely understand how mobile phone works is just too dangerous and irresponsible.

I would be happy to be proven wrong and see majority understanding what they are doing with crypto, but i face intelligent people all the time who have weird clichee ideas about altcoins and whole cryptocurrency. And i am bored to explain anything to them. People still see whole crypto as a scam and arguments about eth taking so much energy are still being used, even though it turned to PoS.

And even in this forum, people talk same way about nfts filled with hate. I just don't understand the hate towards some protocol.
I appreciate your concerns about the challenges and perceptions surrounding cryptocurrencies. Indeed, there are complexities and risks involved, especially when trying to bring cryptocurrency to a broader audience.

It's crucial to prioritize education and responsible usage to mitigate these concerns. While adoption and acceptance may take time, it's also an opportunity for the crypto community to address misconceptions and provide tools that simplify the crypto experience.

One platform that make cryptocurrency usage more accessible and secure is https://coinremitter.com/?utm_source=rep&utm_medium=altcointalks . They offer user-friendly solutions that prioritize safety and ease of use, which could help address some of the concerns you've mentioned.
jr. member
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Whether you're a seasoned crypto investor, a casual user, or someone just beginning to dip their toes into the world of digital currencies, your input is valuable. Join the conversation, voice your opinions, and help shed light on the future of cryptocurrency adoption in the realm of digital payments. Together, we'll uncover which cryptocurrencies hold the most promise and potential for widespread acceptance, offering insights that could shape the future of finance and technology.
Well popularity is one key to current competition. Well we have the likes of bitcoin and eth but there are out there that could be used as well. Im not sure L1 projects that are competing with eth could somehow manage now but maybe in the future if they could improved all the development and secure more recognition among all countries maybe. I am thinking matic, could be a game changer with the likes of trx, litecoin and dogecoin. Obviously binance coin which has an outstanding performance and known by a lot due to the Binance exchange.
You've made some excellent points about the potential contenders in the cryptocurrency space. It's true that popularity plays a significant role in broader acceptance.

You mentioned Matic, which has indeed gained attention for its scalability solutions. Additionally, coins like Tron (TRX), Litecoin, and Dogecoin have also managed to establish themselves.

While discussing prominent coins, I'd like to suggest that you explore https://coinremitter.com/?utm_source=rep&utm_medium=altcointalks as well. They are providing user-friendly and efficient payment solutions for cryptocurrencies. As they continue to develop and gain recognition, they could also become a significant player in the payment gateway space. It's always worth keeping an eye on promising projects like these in the crypto world.
jr. member
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The problem with the top coins are the fees and the traffic on their network which makes the transaction slower so with this, I agree that LTC and TRX should have a better exposure when it comes to payment acceptance as they offer a lower fees and a faster transactions. The network of BTC and ETH seems unfriendly when it comes to payment and if you do have businesses and plans to accept crypto as mode of payment, better to look for alternatives instead of using ETH network.
You make a valid point about the fees and network congestion associated with some of the top coins like Bitcoin and Ethereum. Lower fees and faster transactions are indeed essential for broader payment acceptance. Litecoin (LTC) and TRON (TRX) have been gaining popularity in this regard, offering cost-effective and quicker transaction processing.

In addition to these alternatives, you might want to explore solutions like https://coinremitter.com/?utm_source=rep&utm_medium=altcointalks which integrates with multiple cryptocurrencies, including LTC and TRX. They prioritize user-friendly and efficient payment processing, which can be particularly advantageous for businesses looking to accept crypto as a mode of payment without the concerns of network congestion and high fees.
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In this regard, it's worth noting that projects like Coinremittrer are working towards these goals. They are focused on providing solutions that address scalability issues, reduce fees, and enhance transaction speeds, all of which are key factors in achieving broader acceptance for cryptocurrencies. Keep an eye on their developments; they may contribute significantly to overcoming these challenges in the long run.
From your user name,  it seems to me that you are part of the project team and if that be so then I will have a doubt about the project,  unless if you have to prove me and other forum user wrong in that regards that you are just chilling for your project in here,  and instead of commenting and trying to promote your project under other people threads and comments,  why don't you create your own official thread and put everything that we need to know in there and let us carry out our own individual research about the project and it viability in the market.

Of course, any project that aids the scalability of the cryptocurrency market and solves some of the challenges we face in the market today such as high as fees and slow transactions spent are worth taking a close look at,  and since your project promises to keep developing to close that gap it worth looking at but best you have your own thread to avoid chilling for your projects on other person thread such as this one.
jr. member
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ETH is very unfriendly when gas fees increase and even yesterday the ETH fee reached $75 for each transaction. This is certainly quite crazy if used for small transactions. Gass fees are also increasing due to the high spike in transactions. I also like TRX, it is quite cheap and is used on many platforms such as gambling and several other platforms with very cheap and stable costs. But to act as a payment gateway, you still need to do research first. It's not easy to apply, there has to be some kind of trial error first to see if it's suitable or not.

I am aligned on this as it's extortion when it comes to gas fee in ETH and it's not reasonable at all because for smaller transactions the fee will be more than the actual transaction itself and I have experienced this a lot during signature campaign payments made towards MEW and Tron is the cheapest and most sought after coin for transaction which I always use. But this has to be fixed and it cannot be this way forever.

Absolutely, I share your concerns about the high gas fees on the Ethereum network. It can indeed be quite discouraging, especially for smaller transactions. This issue highlights the importance of seeking alternative cryptocurrencies like Tron, which offers more cost-effective transactions.

In addition, I'd like to mention https://coinremitter.com/?utm_source=rep&utm_medium=altcointalks as a potential solution. They are providing affordable and efficient payment solutions for various cryptocurrencies, which can help mitigate the challenges posed by high fees. It's essential that the cryptocurrency community continues to explore and support such initiatives to improve the overall payment experience.
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