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Ask HN: What crypto do you use for a consumer facing app? Is Ethereum OK?

5 pointsby mmdodaover 3 years ago
I know that HN is skeptical towards cryptocurrencies, but I&#x27;m sure some of you have experience with it.<p>I want to take payments in crypto on my app. The requirements are as follows: - Low fees - Very popular - High number of transactions - High transaction volume<p>I am no crypto expert by no means. A friend of mine suggested Ethereum. Is that the only reasonable choice?

5 comments

pwncakeover 3 years ago
Use something like Coinbase Commerce and abstract away the need to choose one and just build on top of it<p><a href="https:&#x2F;&#x2F;commerce.coinbase.com&#x2F;" rel="nofollow">https:&#x2F;&#x2F;commerce.coinbase.com&#x2F;</a>
jstx1over 3 years ago
Bitcoin and Ethereum are obviously the two most popular but their fees are often high. Some of the more useable cryptocurrencies for transactions are Nano, Bitcoin Cash and Monero.<p>Those are just some examples - my point is that what’s popular and what’s a good technical choice are two different things.<p>If you’re integrating this into an app, include at least a couple of different cryptocurrencies.
joshxyzover 3 years ago
You&#x27;re missing something: sensible transaction speed and ease of currency conversion from usd.<p>Stablecoins like USDT fits this.
yuxtover 3 years ago
Look into stablecoins or layer 2
k__over 3 years ago
Ethereum is the safest bet right now.<p>Look into Arbitrum, it operates on the Ethereum chain, but has better performance and much lower fees.