To be “really acceptable”, the fees for L2 solutions on the Ethereum network should not be higher than $0.05. This perspective was brought by blockchain co-founder Vitalik Buterin.

It has to drop below $0.05 for it to be truly acceptable imo. But we’re definitely making great progress, and even first-danksharding might be enough to get us there for a while!

— vitalik.eth (@VitalikButerin) May 3, 2022

Buterin reacted to a tweet by Bankless editor Ryan Sean Adams citing L2Fees data regarding the current commission level. It allows users to save up to 99.2%.

The cost under $0.05 is only offered by the Metis Network project. Others on the list will have to spend $2.38 and $11.92 on the Ethereum network, respectively, while sending $0.12 to $0.85 and $0.71 to $1.19 ETH when exchanging tokens.

According to Buterin, great progress has now been made. He attributed further improvements to the launch of protodunksharding (EIP-4844), an intermediate stage before moving on to fragmentation.

The solution will allow the use of a new type of operation with the transfer of large binary objects containing additional data. EVM inaccessible. Vitalik Buterin was one of the co-authors of this concept.

In 2017, Buterin stated that transactions on the “Internet money” network should be no more than $0.05. In January 2022, it reaffirmed its commitment to this milestone, noting its efforts to increase scalability.

4. Still, I stand 100% behind my comment that “internet of money shouldn’t cost more than 5 cents per transaction”. That was the target in 2017 and it is still the target now. This is exactly why we spend so much time on scalability.https://t.co/M326MtrlE0

— vitalik.eth (@VitalikButerin) January 1, 2022

Recall that in December 2021 Buterin presented a roadmap for the development of Ethereum. ZK-Rollups technology came to the fore.