I sent ER20 token this morning. I thought $2,5 of transaction fees are enough but it seems it wasn't. The transaction has been pending since five hours now. Is there any way to speed up the confirmation for example by sending further tx fee (I sometimes use this in Bitcoin when a transaction is stuck)?
Topic: [ANN] Ethereum: Welcome to the Beginning - page 68. (Read 2006952 times)
I hope the developers look at how much they messed up with the way they have handled the whole gas issue - this needs to be ironed out before the release of the 2.0 update
I sent ER20 token this morning. I thought $2,5 of transaction fees are enough but it seems it wasn't. The transaction has been pending since five hours now. Is there any way to speed up the confirmation for example by sending further tx fee (I sometimes use this in Bitcoin when a transaction is stuck)?
You can check gas fee at https://ethgasstation.info/calculatorTxV.php or https://etherscan.io/gastracker. Both sites give the average fee around 190 Gwei. What did you do with your ERC20 token transaction this morning? Which Gwei did you use?If your transaction is rejected, you can visit 2 sites and set up your Gwei for your new transaction.
I sent ER20 token this morning. I thought $2,5 of transaction fees are enough but it seems it wasn't. The transaction has been pending since five hours now. Is there any way to speed up the confirmation for example by sending further tx fee (I sometimes use this in Bitcoin when a transaction is stuck)?
I think this issue will drag on for a long time. Why was there such a rush to get the testnet out there? I think this has set back the whole project by at least 6 months and all because they released a testnet version that was rushed out instead of thought through.
Nvidia has just released new 50% more effective video cards series 3000. Amd is expected to answer with cheaper cards at the end of October. Both companies are very interested in Ethereum mining profits, so may be a big pump is coming in the next months? POS is not needed now - Defi is working well and there are too many problems to be solved before the transition to full POS is done. It is at least 1.5 year away, if everything is going well and phase 0 (which is a hybrid POS and POW) starts in 2021. This is not highly probable, so we may expect more delays - 2-3 years may be.
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Nvidia has just released new 50% more effective video cards series 3000. Amd is expected to answer with cheaper cards at the end of October. Both companies are very interested in Ethereum mining profits, so may be a big pump is coming in the next months? POS is not needed now - Defi is working well and there are too many problems to be solved before the transition to full POS is done. It is at least 1.5 year away, if everything is going well and phase 0 (which is a hybrid POS and POW) starts in 2021. This is not highly probable, so we may expect more delays - 2-3 years may be.
From what I learn from the final testnet version is that there are still lots of bugs in the network which need to be fixed because if those bugs come to the mainnet it will be really bad. So I agree there is still a long way to go for a full PoS ETH network.
Nvidia has just released new 50% more effective video cards series 3000. Amd is expected to answer with cheaper cards at the end of October. Both companies are very interested in Ethereum mining profits, so may be a big pump is coming in the next months? POS is not needed now - Defi is working well and there are too many problems to be solved before the transition to full POS is done. It is at least 1.5 year away, if everything is going well and phase 0 (which is a hybrid POS and POW) starts in 2021. This is not highly probable, so we may expect more delays - 2-3 years may be.
~snip~
Uniswap giveaway FREE UNI coin to their users, right after launching dedicated UNI token. As we can assume that people are going crazy converting into ETH and ETH gas price demand high once again.
Can someone explain how the POW component of Ethereum will work once it transfers to a POS?
Average gas price 700, 800 gwei!
Why use the google URL instead of using the link directly?
https://cointelegraph.com/news/eth-miners-will-have-little-choice-once-ethereum-20-launches-with-pos
changed. true https://cointelegraph.com/news/eth-miners-will-have-little-choice-once-ethereum-20-launches-with-pos
What is the source of this information? I would like to know about this from where you get this inside information or maybe I missed to read this important update. If you will share the source than it will be appreciated otherwise don't share your own opinion what you think?
https://www.google.com/amp/s/cointelegraph.com/news/eth-miners-will-have-little-choice-once-ethereum-20-launches-with-pos/amp according with the documentation of the casper upgrade the network will support an hybrid model pow pos
Why use the google URL instead of using the link directly?
https://cointelegraph.com/news/eth-miners-will-have-little-choice-once-ethereum-20-launches-with-pos
https://cointelegraph.com/news/eth-miners-will-have-little-choice-once-ethereum-20-launches-with-pos
What is the source of this information? I would like to know about this from where you get this inside information or maybe I missed to read this important update. If you will share the source than it will be appreciated otherwise don't share your own opinion what you think?
https://www.google.com/amp/s/cointelegraph.com/news/eth-miners-will-have-little-choice-once-ethereum-20-launches-with-pos/amp according with the documentation of the casper upgrade the network will support an hybrid model pow posThe new fork will excludes the asics?
Talking about ETC or ETH ?
ETH going proof of stake means there won't be a need of huge computing power to process the Txs.
POS (proof of stake) is totally something else, there isn't any algo to mine through computing power (No GPU, no ASIC, nothing) anymore. You put your ETH "at risk" (and you get rewards) while validating Txs. By risk I mean that if you try to cheat, behave as a bad actor...While validating Txs, you'll lose your staked ETH as a punishment. You'll need 32 ETH bo be a "miner / validator".
What is the source of this information? I would like to know about this from where you get this inside information or maybe I missed to read this important update. If you will share the source than it will be appreciated otherwise don't share your own opinion what you think?
The new fork will excludes the asics?
Talking about ETC or ETH ?
ETH going proof of stake means there won't be a need of huge computing power to process the Txs.
POS (proof of stake) is totally something else, there isn't any algo to mine through computing power (No GPU, no ASIC, nothing) anymore. You put your ETH "at risk" (and you get rewards) while validating Txs. By risk I mean that if you try to cheat, behave as a bad actor...While validating Txs, you'll lose your staked ETH as a punishment. You'll need 32 ETH bo be a "miner / validator".
What is the source of this information? I would like to know about this from where you get this inside information or maybe I missed to read this important update. If you will share the source than it will be appreciated otherwise don't share your own opinion what you think?
The new fork will excludes the asics?
Talking about ETC or ETH ?
ETH going proof of stake means there won't be a need of huge computing power to process the Txs.
POS (proof of stake) is totally something else, there isn't any algo to mine through computing power (No GPU, no ASIC, nothing) anymore. You put your ETH "at risk" (and you get rewards) while validating Txs. By risk I mean that if you try to cheat, behave as a bad actor...While validating Txs, you'll lose your staked ETH as a punishment. You'll need 32 ETH bo be a "miner / validator".
Ethereum 2.0 transition is approaching, Serenity Phase 0 proposal submitted
https://www.theblockcrypto.com/linked/77888/ethereum-2-0-transition-serenity-phase-0-proposal-submitted
"The long-awaited transition to Ethereum 2.0 is finally approaching.
Danny Ryan, a core developer at the Ethereum Foundation, has today officially submitted a proposal, for moving the Ethereum blockchain to a proof-of-stake (PoS) consensus mechanism from the current proof-of-work (PoW) algorithm."
https://github.com/ethereum/EIPs/pull/2982
https://www.theblockcrypto.com/linked/77888/ethereum-2-0-transition-serenity-phase-0-proposal-submitted
"The long-awaited transition to Ethereum 2.0 is finally approaching.
Danny Ryan, a core developer at the Ethereum Foundation, has today officially submitted a proposal, for moving the Ethereum blockchain to a proof-of-stake (PoS) consensus mechanism from the current proof-of-work (PoW) algorithm."
https://github.com/ethereum/EIPs/pull/2982
The new fork will excludes the asics?
Talking about ETC or ETH ?
ETH going proof of stake means there won't be a need of huge computing power to process the Txs.
POS (proof of stake) is totally something else, there isn't any algo to mine through computing power (No GPU, no ASIC, nothing) anymore. You put your ETH "at risk" (and you get rewards) while validating Txs. By risk I mean that if you try to cheat, behave as a bad actor...While validating Txs, you'll lose your staked ETH as a punishment. You'll need 32 ETH bo be a "miner / validator".
Will you keep using ETH from time to time or will you move on to other crypto because of the tx fees?
I always kept some ETH in the wallet that I use most, about $2 to $5, precisely for the relatively low transaction fees, now I need to have at least $12 to avoid the risk of not being able to pay for a transaction 
The new fork will excludes the asics?
Talking about ETC or ETH ?
ETH going proof of stake means there won't be a need of huge computing power to process the Txs.
The new fork will excludes the asics?
Talking about ETC or ETH ?
ETH going proof of stake means there won't be a need of huge computing power to process the Txs.
The new fork will excludes the asics?
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