Author

Topic: [ANN] Ethereum: Welcome to the Beginning - page 505. (Read 2006460 times)

legendary
Activity: 1330
Merit: 1001
December 11, 2017, 02:31:19 AM
It seems like the network overload on ETH is slowly ending.

https://ethgasstation.info/ is showing average gwei required for transactions has been dropped to 8.
jr. member
Activity: 67
Merit: 1
December 11, 2017, 02:26:53 AM
Raiden network will solve scalability problem Wink
member
Activity: 196
Merit: 11
December 11, 2017, 01:47:51 AM
The problem of Ethernet will soon be solved. It is still the future of encrypting money, and prices are rising steadily. It is more stable than BTC's skyrocketing and plummeting. Wink
member
Activity: 350
Merit: 11
December 11, 2017, 01:37:26 AM
The great ETH has been stuck by a recently popular silly cat game. Now, Vitalik Buterin has no time to show up. We must concentrate on solving this thorny problem first, but I believe that the genius boy will soon be able to get it done. Undecided
full member
Activity: 840
Merit: 117
December 11, 2017, 01:23:21 AM
I am trying to transfer my tokens from MEW to exchange and i tried many times but there is error. How much gas limit should i choose.
I am fed up.
i think now eth network is stabilizing now and its gas price is now reducing
check here https://ethgasstation.info/index.php?curr=usd
now its current low cost gwei gas price is 18 gwei and 22 is medium cost
now those kitties are vanishing from the network
stuck transaction are now confirming slowly
i think in two days eth network will be again normal and on etherdelta we will use again 4 to 5 gwei gas. just little wait more
(+1) i am agree with you, I have tried with 4 gwei but could't make Transaction.
i will try again in comin' days. I hope Ethereum Network will be normal soon.
full member
Activity: 171
Merit: 100
December 10, 2017, 10:02:14 PM
"an airline is drafting out a plan to give the opportunity costumers to use BTC or ETH as a payment option"It's just drafting, but that means more people know about Ethereum, and that's perfect if Ethereum can recover the previous transfer fee and speed up the transfer.
full member
Activity: 196
Merit: 100
December 10, 2017, 09:15:23 PM
I believe Ethereum's problem will be solved soon, as it seems that I have resumed the distribution of coins and even the dispensing of free coins. I am waiting for the good news of Ethereum, which will be quickly pulled up by Ethereum

Ethereum is crypto future  , ethereum  price  will rising up bt slowly and surely .

A day we have too many ico that used ethereum to buy and sell ,ethereum is best choice long term.
full member
Activity: 184
Merit: 100
December 10, 2017, 09:09:30 PM
I believe Ethereum's problem will be solved soon, as it seems that I have resumed the distribution of coins and even the dispensing of free coins. I am waiting for the good news of Ethereum, which will be quickly pulled up by Ethereum
full member
Activity: 406
Merit: 100
December 10, 2017, 07:57:48 PM
Sentiment: I am strong believer in the technology of Ethereum.
I believe it will surpass Bitcoin in price just as Google smashed Altavista out of the water within a few years.
We are at the ground floor of a major revolution of how businesses trade and society functions.
It is going to open up possibilities and use cases people haven't even considered.
Relax - Ethereum will have its day.. it may be 2018.. maybe 2019 maybe 2020..
One thing is for sure though - it will be the dominant crypto in society as we know it.

So was I until a stupid cat game came along and showed a flaw. It still has not been fixed. Imagine if there were several of those stupid games.  Doesn't look good is all I'm saying and it has to be fixed.

I mean, it's not like EVERYONE didn't know this was an issue, even way before CryptoKitties launched. Scalability has been the #1 problem for blockchain for fucking years now. And I do mean blockchain, meaning Ethereum is by no means the only coin that is facing this problem. Of course it hasn't been "fixed" yet. It's not like some trivial bug that can just be patched. Fuck, we've seen the public war over scalability solutions in the Bitcoin space for over 3 years now.

Does the general public (Ethereum community) not understand the issue? Literally all that is happening is an increase in network usage. When your network can't handle that increase, you get the kind of congestion that we see now. Still though, Ethereum is by far the fastest blockchain (in transactions/sec), and fees are still lower (generally) than say...Bitcoin.

And, as we all know, scalability solutions have been under research and work since before Ethereum even launched. Latest news I saw was we should see Casper/sharding update in ~ a year.

Yes, I agree. You would think with so many brilliant minds in crypto now this would have been resolved.

Gas cost and transaction time has dropped significantly. So not sure if it's less people playing that stupid cat game or they are actually fixing the problem. Any update would be appreciated.
member
Activity: 196
Merit: 17
EFFECT.AI▲Decentralized network for A.I
December 10, 2017, 06:33:10 PM
I'm expecting some convincing solutions to the cat-issue. It's extremely relevant to push for much more resiliemce
There is no solution to Ethereum scalability problems. Consider it to it's way to graveyard.  If a singe blockchain game CryptoKitties can take up to 20% of transaction volume of whole network and slow screw it down, just imagine what will happen after similar games will be launched? If the situation will not stabilize, all of us will switch to NEM, NXT Bitshares or Waves. Vitalik is just enjoying his millions and laughing hard.

I'm not sure what your point is. If you're not unhappy with Ethereum, what's stopping you from switching to the chains you've mentioned and launch games on it?

legendary
Activity: 1164
Merit: 1010
December 10, 2017, 04:06:43 PM
Sentiment: I am strong believer in the technology of Ethereum.
I believe it will surpass Bitcoin in price just as Google smashed Altavista out of the water within a few years.
We are at the ground floor of a major revolution of how businesses trade and society functions.
It is going to open up possibilities and use cases people haven't even considered.
Relax - Ethereum will have its day.. it may be 2018.. maybe 2019 maybe 2020..
One thing is for sure though - it will be the dominant crypto in society as we know it.

So was I until a stupid cat game came along and showed a flaw. It still has not been fixed. Imagine if there were several of those stupid games.  Doesn't look good is all I'm saying and it has to be fixed.

I mean, it's not like EVERYONE didn't know this was an issue, even way before CryptoKitties launched. Scalability has been the #1 problem for blockchain for fucking years now. And I do mean blockchain, meaning Ethereum is by no means the only coin that is facing this problem. Of course it hasn't been "fixed" yet. It's not like some trivial bug that can just be patched. Fuck, we've seen the public war over scalability solutions in the Bitcoin space for over 3 years now.

Does the general public (Ethereum community) not understand the issue? Literally all that is happening is an increase in network usage. When your network can't handle that increase, you get the kind of congestion that we see now. Still though, Ethereum is by far the fastest blockchain (in transactions/sec), and fees are still lower (generally) than say...Bitcoin.

And, as we all know, scalability solutions have been under research and work since before Ethereum even launched. Latest news I saw was we should see Casper/sharding update in ~ a year.
newbie
Activity: 44
Merit: 0
December 10, 2017, 04:03:07 PM
I'm expecting some convincing solutions to the cat-issue. It's extremely relevant to push for much more resiliemce
There is no solution to Ethereum scalability problems. Consider it to it's way to graveyard.  If a singe blockchain game CryptoKitties can take up to 20% of transaction volume of whole network and slow screw it down, just imagine what will happen after similar games will be launched? If the situation will not stabilize, all of us will switch to NEM, NXT Bitshares or Waves. Vitalik is just enjoying his millions and laughing hard.
Not sure if he's laughing hard or working to really find a solution. I'd love to know. Probably you're right that this is a good point to look for the development of these alternatives.
sr. member
Activity: 1148
Merit: 269
December 10, 2017, 01:57:38 PM
I am trying to transfer my tokens from MEW to exchange and i tried many times but there is error. How much gas limit should i choose.
I am fed up.
i think now eth network is stabilizing now and its gas price is now reducing
check here https://ethgasstation.info/index.php?curr=usd
now its current low cost gwei gas price is 18 gwei and 22 is medium cost
now those kitties are vanishing from the network
stuck transaction are now confirming slowly
i think in two days eth network will be again normal and on etherdelta we will use again 4 to 5 gwei gas. just little wait more
full member
Activity: 406
Merit: 121
December 10, 2017, 12:12:53 PM
I am trying to transfer my tokens from MEW to exchange and i tried many times but there is error. How much gas limit should i choose.
I am fed up.
newbie
Activity: 45
Merit: 0
December 10, 2017, 11:20:59 AM
kitties owns internet. that's sick!
newbie
Activity: 42
Merit: 0
December 10, 2017, 11:19:31 AM


Ethereum price has achieved a new all-time high at $518, surpassing its previous all-time high established on November 29, at $514.




In early December, the price of Ether started to record small gains, triggered by the community’s excitement on the developer activities around the Ethereum blockchain network. Most recently, Ethereum-based decentralized application (dapp) CryptoKitties gained massive success. The smart contract of CryptoKitties has accounted for nearly 14 percent of the entire Ethereum network’s transaction volume, which is higher than the transaction volume of all other cryptocurrencies in the market combined, including bitcoin.


I expect for $600 soon!
full member
Activity: 294
Merit: 101
December 10, 2017, 08:01:10 AM
I cant receive my txn arleady 5 days, txn appears and disappears for 5 days , what to do?
Did anyone meet the same kind of issue?
I hope it is not a common issue since I wanna make some transactions of ETH as well.
member
Activity: 532
Merit: 50
ONe Social Network.
December 10, 2017, 07:53:17 AM
I heard that microRaiden was deployed on mainnet, can someone explain to me how it works and if it's possible to broadcast transactions trough it already? What's the difference between microRaiden and Raiden?
full member
Activity: 630
Merit: 103
December 10, 2017, 07:30:47 AM
I'm expecting some convincing solutions to the cat-issue. It's extremely relevant to push for much more resiliemce
There is no solution to Ethereum scalability problems. Consider it to it's way to graveyard.  If a singe blockchain game CryptoKitties can take up to 20% of transaction volume of whole network and slow screw it down, just imagine what will happen after similar games will be launched? If the situation will not stabilize, all of us will switch to NEM, NXT Bitshares or Waves. Vitalik is just enjoying his millions and laughing hard.
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