Topic: [ANN] Ethereum: Welcome to the Beginning - page 70. (Read 2006952 times)

Growing pains

Could be worse problems to have.....😂

When fee are to much is not good for the all ethereum project .Anyway thanks for the link i was looking for it!

I think with a little bit of time things will become more stable, until then people really need to stop complaining or simply sell up and move on.

The fee is falling compares to two days ago: https://ethgasstation.info/calculatorTxV.php. Two days ago, the average fee is at 450 Gwei, not 372 Gwei as of writing today.

Unfortunately, I believe the fall will not last long because DeFi is still here and when market see rises of DeFi or ETH, fee will be increase again.
Some sites to check fee: https://etherscan.io/gastracker and https://ethgasstation.info/index.php

The fee is falling compares to two days ago: https://ethgasstation.info/calculatorTxV.php. Two days ago, the average fee is at 450 Gwei, not 372 Gwei as of writing today.

Unfortunately, I believe the fall will not last long because DeFi is still here and when market see rises of DeFi or ETH, fee will be increase again.
Some sites to check fee: https://etherscan.io/gastracker and https://ethgasstation.info/index.php

A lot of people are still asking and waiting when actually ETH 2.0 will be launched ethereum, Because, in my opinion the plan has been a long time ago but until now there have been delays by ethereum.
Is ETH 2.0 just discourse to increase ethereum's sales or popularity or is it a real plan?
Maybe not only me who keeps asking questions but many ethereum lovers who might still be  waiting for the latest news about the continuation of the ETH 2.0 project

Recently, the revenue is only growing, this can not but please

I agree 100%

Things will be fine. 

Gas high? Yes

Overreacting? Most definitely

I understand that and this is a problem for us traders on the Uniswap Exchange, if gas is big and make profit 3x is not a problem, but when we increase the gas with an effort to speed up the transaction and when it fails, then we will waste 0.06 more of our efforts.

There is still plenty of time to tackle this issue and find a way forward but is there enough drive within the ETH development team to do it?

These gas fees are a blessing to us the miners. So, I don't mind at all that this gas frenzy continues for months. I even enjoy mining to HW address and then spending 5$ for each transaction to the exchange.  It is tens and hunreds times less than the daily profit Defi and tether, good job congesting eth blockchain!   The profits in the last month are miltiplied by 50 and now are higher even compared to 2017. I sold for BTC more than the half on the way up to 0.04 and I will continue to do so unless there is a crash below 0.025BTC.  I will never stake, any interest is hundreds times less than the profit from mining. The day eth turns into POS, it is dead for me and for many other miners with relatively small farms. For us eth was a mediator to start with 1 gpu and go into Bitcoin world and become a hodler.  This attracted millions around the world and they provided a secure blockchain with currently over 200Th/s. It's fork etc is constatly getting 51% attacks because of the low hasrate 3Th/s. I really doubt that the few rich eth hodlers will be enough with their POS stakes to sustain this level of security. Eth will become a coin for the rich and the hackers who will take advantage sooner or later from the smart contracts like DAO in 2016. Anyway, I wish a good luck to eth, it's been quite an exciting journey!

Gas high? Yes

Overreacting? Most definitely

So much complaining about gas, people need to be relaxed. Let thing thing settle down a bit then see what happens, having stable low fees will definitely become regular and normal again.

These gas fees are a blessing to us the miners. So, I don't mind at all that this gas frenzy continues for months. I even enjoy mining to HW address and then spending 5$ for each transaction to the exchange.  It is tens and hunreds times less than the daily profit Defi and tether, good job congesting eth blockchain!   The profits in the last month are miltiplied by 50 and now are higher even compared to 2017. I sold for BTC more than the half on the way up to 0.04 and I will continue to do so unless there is a crash below 0.025BTC.  I will never stake, any interest is hundreds times less than the profit from mining. The day eth turns into POS, it is dead for me and for many other miners with relatively small farms. For us eth was a mediator to start with 1 gpu and go into Bitcoin world and become a hodler.  This attracted millions around the world and they provided a secure blockchain with currently over 200Th/s. It's fork etc is constatly getting 51% attacks because of the low hasrate 3Th/s. I really doubt that the few rich eth hodlers will be enough with their POS stakes to sustain this level of security. Eth will become a coin for the rich and the hackers who will take advantage sooner or later from the smart contracts like DAO in 2016. Anyway, I wish a good luck to eth, it's been quite an exciting journey!