Pages:
Author

Topic: [ANN] Ethereum: Welcome to the Beginning - page 35. (Read 2006106 times)

legendary
Activity: 2534
Merit: 1713
Top Crypto Casino
ETH will reach $10,000 one day.. Welcome back Piston, you never seize to amaze me with your words of wisdom whenever you frequent this thread  Grin


wait, the fork happened with no bugs?! WOW!!

WHY IS MY ETH NOT WORTH 10k each right now?!

Scam!!!!  Cheesy Roll Eyes
hero member
Activity: 2366
Merit: 838
What are you talking about?
https://ethgasstation.info/index.php
https://etherscan.io/gastracker
they will perfectly help you find the price you need, but the best service in my opinion
https://www.gasnow.org/
With Gas Now, you can slip the scroll bar under the Average GasPrice table. You will see the hours with which gas price tend to be cheapest.

I share some articles to know hours that you can move Ethereum and ERC20 tokens with cheapest gas price.
When is the best time to send Ethereum transactions?
Ethereum: how to save even more on gas price with a weekly plan
Here are the best and worst times of the day to use Ethereum
legendary
Activity: 1932
Merit: 4602
Buy on Amazon with Crypto
What are you talking about?
https://ethgasstation.info/index.php
https://etherscan.io/gastracker
they will perfectly help you find the price you need, but the best service in my opinion
https://www.gasnow.org/
All those are not correct fees anymore after eip crap is introduced, please learn first and than come back to talk something.
Now there is only base fee and priority fee.
Are you talking about this?
https://notes.ethereum.org/@vbuterin/eip-1559-faq

If they are wrong then compare the values at https://www.gasnow.org/ and at https://etherscan.io/blocks

Gas trackers calculate the average gas price based on the current situation, and for most users there is no need to know about the base fee and priority fee
full member
Activity: 435
Merit: 125
What are you talking about?
https://ethgasstation.info/index.php
https://etherscan.io/gastracker
they will perfectly help you find the price you need, but the best service in my opinion
https://www.gasnow.org/
All those are not correct fees anymore after eip crap is introduced, please learn first and than come back to talk something.
Now there is only base fee and priority fee.
legendary
Activity: 1932
Merit: 4602
Buy on Amazon with Crypto
This is so stupid with this fees ethereum is now officially permanently unusable, and nobody even knows exactly how to calculate fees correctly now.
What are you talking about?
https://ethgasstation.info/index.php
https://etherscan.io/gastracker
they will perfectly help you find the price you need, but the best service in my opinion
https://www.gasnow.org/


__
$30 Million in Ethereum Burned Just Two Days After EIP-1559 Launch
The Ethereum network has removed $30 million from circulation since the London hard fork came into effect on August 5, which changed the way miners are rewarded.
https://decrypt.co/77996/30-million-in-ethereum-burned-just-two-days-after-eip-1559-launch
full member
Activity: 435
Merit: 125
This is so stupid with this fees ethereum is now officially permanently unusable, and nobody even knows exactly how to calculate fees correctly now.
legendary
Activity: 2294
Merit: 1182
Now the money is free, and so the people will be
yay higher permanent fees for everyone
legendary
Activity: 2730
Merit: 1068
Juicin' crypto
wait, the fork happened with no bugs?! WOW!!

WHY IS MY ETH NOT WORTH 10k each right now?!

Scam!!!!  Cheesy Roll Eyes
full member
Activity: 584
Merit: 106
This fork was such a stupid idea that just made fees more than before, and it will not solve any problem on Ethereum.

But the bigger problem is that with the POS, which is a blockchain variant of banking deposits, ethereum will get more centralized and declared as a security in USA. And this means more regulations and even bans like the ICOs.
Can ETH get more centralized then it is now? Smiley Sure it can with switching to POS.

So you mean that fork was not a good idea ? Wouldn't they knew before what will be the impact on fee after this fork ?
I think over the passage of time, burning of eth on every tanscation will make it a scare asset and it will eventually increase in demand.
I would like to see if there is good signafinant impact on fee after few days of the fork.  

Fee is already normal, but London fork is not about to lower fees, its about to make it predictable by make it automatic instead of manual/user bidding (which maybe will lower fees in a certain cenarios, time will tell)

Besides of that transaction fees are burning which is indeed a good thing in long run.
sr. member
Activity: 2030
Merit: 356
This fork was such a stupid idea that just made fees more than before, and it will not solve any problem on Ethereum.

But the bigger problem is that with the POS, which is a blockchain variant of banking deposits, ethereum will get more centralized and declared as a security in USA. And this means more regulations and even bans like the ICOs.
Can ETH get more centralized then it is now? Smiley Sure it can with switching to POS.

So you mean that fork was not a good idea ? Wouldn't they knew before what will be the impact on fee after this fork ?
I think over the passage of time, burning of eth on every tanscation will make it a scare asset and it will eventually increase in demand.
I would like to see if there is good signafinant impact on fee after few days of the fork. 
legendary
Activity: 2618
Merit: 1504
The COVIDPunks sale coincided with the London upgrade on the ETH network, the Ethereum network was clogged, which led to an increase in the transaction fee of 70 Gwei to more than 400 Gwei, thanks to this, COVIDPunks became the biggest “ETH burner”in an instant as a result, many transactions that were sent to mint COVIDPunks failed and potential buyers of COVIDPunk lost a total of 174.39 ETH or $489,868 on unsuccessful transfers. https://decrypt.co/77847/users-lose-490000-trying-to-mint-knockoff-cryptopunks-nfts
legendary
Activity: 1891
Merit: 3096
All good things to those who wait
legendary
Activity: 2294
Merit: 1182
Now the money is free, and so the people will be
Well the hard fork is a shit show.  Now all pools require high fees to withdraw earnings.  Burned ETH means nothing, its all about people with a lot of ETH who want to increase the value of their stack by reducing supply to other people.  Once POS is there, they will control most of the supply.
PASS
full member
Activity: 584
Merit: 106
Wow finally the most anticipated eip1559 already live at block 12,965,000  Congrats to eth developers salute to all of you for making this happen you can see on the sites below the eth already burned stats

EIP-1559 base fee and burn dashboards
https://ethburned.info
https://etherchain.org/burn
https://watchtheburn.com
https://ultrasound.money

Everything is done. ETH's London upgrade just took place - including EIP-1559. The Ethereum blockchain may split into two chains, resulting in the creation of two ETH tokens. All of Ethereum's community members deserve congratulations.

It's exciting! What will happen now? Since the ETH gas fee is ridiculously high, how is this supposed to solve anything?

 The block reward remains  2eth, nothing is reduced. Which is ridiculous of course.

thats nuts... This is what suppose to happen. No more 2++ block rewards.  Shocked
full member
Activity: 435
Merit: 125
This fork was such a stupid idea that just made fees more than before, and it will not solve any problem on Ethereum.

But the bigger problem is that with the POS, which is a blockchain variant of banking deposits, ethereum will get more centralized and declared as a security in USA. And this means more regulations and even bans like the ICOs.
Can ETH get more centralized then it is now? Smiley Sure it can with switching to POS.
legendary
Activity: 1891
Merit: 3096
All good things to those who wait
Wow finally the most anticipated eip1559 already live at block 12,965,000  Congrats to eth developers salute to all of you for making this happen you can see on the sites below the eth already burned stats

EIP-1559 base fee and burn dashboards
https://ethburned.info
https://etherchain.org/burn
https://watchtheburn.com
https://ultrasound.money

Everything is done. ETH's London upgrade just took place - including EIP-1559. The Ethereum blockchain may split into two chains, resulting in the creation of two ETH tokens. All of Ethereum's community members deserve congratulations.

It's exciting! What will happen now? Since the ETH gas fee is ridiculously high, how is this supposed to solve anything?

Gas fees before the fork: 8 gwei. Gas fees after the fork 82 gwei.  Grin Grin Grin That was the biggest mystery nobody of the devs could explain. They claimed that the high gas fees are caused by malicious miners who somehow caused a conjestion on the blockchain. The number of transactions caused by the increasing price or usdt or defi has nothing to do I guess (this is a sarcasm of course). All this is only dust in the face of the average Joes who don't understand how the blockchain works. Then they came to the "brilliant" idea if they burn the gas fees, the miners will magically free the blockchain and thus the gas fees get lower. Now the only thing they achieved is to lower the minig profit with 20% hoping this will reduce the inflow to exchanges. Even devs were speaking about reducing supply, which is a big mistake. The block reward remains  2eth, nothing is reduced. Which is ridiculous of course. The miners will have to pay for the electricity and if the price is good to take profits. But the bigger problem is that with the POS, which is a blockchain variant of banking deposits, ethereum will get more centralized and declared as a security in USA. And this means more regulations and even bans like the ICOs.
legendary
Activity: 2618
Merit: 1504
According to the data from the website https://ethburned.info / the ETH burn is going pretty well, judging by the data that it shows, the total burned is 541.64542295 ETH Burned out in the last hour - 300.25877449 ETH thus, 50 ETH is burned every 10 minutes  Smiley
sr. member
Activity: 2156
Merit: 323
Wow finally the most anticipated eip1559 already live at block 12,965,000  Congrats to eth developers salute to all of you for making this happen you can see on the sites below the eth already burned stats

EIP-1559 base fee and burn dashboards
https://ethburned.info
https://etherchain.org/burn
https://watchtheburn.com
https://ultrasound.money

Everything is done. ETH's London upgrade just took place - including EIP-1559. The Ethereum blockchain may split into two chains, resulting in the creation of two ETH tokens. All of Ethereum's community members deserve congratulations.

It's exciting! What will happen now? Since the ETH gas fee is ridiculously high, how is this supposed to solve anything?
member
Activity: 295
Merit: 54
Wow finally the most anticipated eip1559 already live at block 12,965,000  Congrats to eth developers salute to all of you for making this happen you can see on the sites below the eth already burned stats

EIP-1559 base fee and burn dashboards
https://ethburned.info
https://etherchain.org/burn
https://watchtheburn.com
https://ultrasound.money
legendary
Activity: 1932
Merit: 4602
Buy on Amazon with Crypto
Remaining until London hard fork
https://etherscan.io/block/countdown/12965000
Use the countdown and avoid any mistake to move your Ethereum around the hard fork. You never know what will happen with the hardfork and your coins if you move it shortly around the hard fork.

Please wait very patiently and observe what happen with the hard fork, network and only move your coins when the hard fork successfully done and the network becomes stable again.

It's a big note for newbies.

You're right. Better to beware of payments during a hard fork.

__
London ready & synced clients seen on the Ethereum network (last 24h)
https://ethernodes.org/london
Very interesting statistics. 2 hours left for the hard fork and 23% of the nodes have not yet updated their software.
Nodes must be updated on Ethereum 1.0 and Ethereum 2.0 networks.
Pages:
Jump to: