Fresh news from the crypto world! 🌐

Ethereum co-founder Vitalik Buterin highlighted at Token 2049 in Singapore the importance of reducing transaction fees on the network. Fees on Ethereum's layer 2 (L2) networks have dropped to "almost zero," marking a significant milestone for mass adoption.

- Transaction fees: from $10 to less than $0.01.

- L2 networks like Optimism and Arbitrum improve in security and costs.

- Transaction confirmation now in 5-15 seconds thanks to the transition to proof-of-stake.

Buterin also reflected on the need to meet the demands of the common user without losing decentralization. Share your thoughts in the comments!