Publish0x Struggles with ETH fees, Isn't Hive is an answer.

Today when I started my LeoFinance reading spree , I came across various post about ETH going ATH and a nice post by @taskmaster4450 as that emphasizing that Hive can be used as mini Ethereum.

Even at @leomarkettalk ,there is a thread for discussion for the ETH price and gas fees.

So when I come across the Publish0x post that was complaining about the gas fees, it does not come as surprise to me.

Source

Actually Publish0x is a crypto agnostic blogging platform but it generally pay on ETH or ETH token. Current gas fees of ETH is so much impacting Publish0x that "the gas fees were MORE than the payout amount." that they did to the bloggers,

Currently, as a solution they are talking with a CEX, so that they can directly pay the user in that CEX and they also increase the minimum withdrawal limit to $2.

In there current CEX approach, few user has raised concerns about KYC/ AML too.

What can be solution.

I guess Publish0x will be happy if they get some solution that can save the transfer fees and keep their userbase happy. (No CEX and lower withdrawal limit.)

I felt Hive is an answer for them so I proposed Hive to them.

Look like they are open for other blockchain that is really good news for Hive and it's second layer if they able to make a mark on Publish0x and mutually benefitting each other. (Igor Tomic is COO of Publish0x)

These are the few areas where Hive really scores high on Ethereum and I think if Publish0x uses Hive then it might be win for both platforms.

Please feel free to upvote ,comment and reblog.

Posted Using LeoFinance ^Beta