In the case that a crypto currency (whether ETH, ADA, ALGO, DAI, etc.) were to gain a huge user base, say in the case that it becomes the primary currency in some country with however million people using it for everyday transactions, is there any possibility that the blockchain that it is hosted on will be able to maintain low tax fees (a few cents) such that it’s adoption wouldn’t be hindered?
I know ALGO for example constantly touts it’s minuscule tx fee, but do any chains have the mechanisms in place to be able to sustain fees while at the Ethereum level of activity and beyond? Which chain do you think is most likely to come out on top in this regard?
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