3 Reasons to Buy Amp
Cryptocurrency investors have certainly seen some rather impressive returns of late. The recent valuation growth among cryptocurrencies has largely been tied to the innovations blockchain technology has brought to how efficiently and effectively transactions can be handled.
However, many cryptocurrency investors have recently found that they're stuck waiting for transactions to clear or paying exorbitant fees to process transactions. Think of blockchains like a highway. Those validating networks (nodes) can be thought of as lanes on the road. Depending on how many nodes there are, and how much traffic is on a network, transaction times can really vary.
Of course, much has been made about the gas fees (fees paid by users to process transactions) across various networks of late. it can be typical for crypto users to pay more than $100 to get a transaction processed quickly. Again, it's a supply and demand thing. However, the bottom line is that if a merchant wants to settle a transaction instantly and in a low-fee manner, there are few options today.
Source Fool.com