Topic: Delays in transaction -ETH and ERC20 - page 3. (Read 599 times)
Today I also sent a token to my friend but the price of gas was too high.
It has been caused by a spike in tranfers of Tokens that are trying to get listed on FCoin. To get listed on FCoin you need users to vote for you by transferring a single Token to FCoin. You may have also noticed a whole bunch of Tokens have arrived in your account recently that you never asked for. This Token Spam is caused by companies trying to get more people to vote for them. I have been reporting the Tokens that are Token Spamming to etherscan so that they will be marked as spam to try and discourage this behaviour. Etherscan told me if they get multiple complaints they will take action.
If you have noticed then you will see the prices of Gwei has been risen a lot since week now. This is all because of the network congestion. Now at the time of your transaction the Gwei might have been set to default price of 41 Gwei but the actual required or safe Gwei might have been more than that. It means you paid less fees and thus your block will confirmed after very long period of time.
You can check the Gwei current prices, safe Gwei limit to set at the time of your transaction here : https://ethgasstation.info
You can check the Gwei current prices, safe Gwei limit to set at the time of your transaction here : https://ethgasstation.info
There has been s much strain on the ethereum network causing an increase in transaction fees and delays in transactions.Why so much delays,my transaction has been stuck for over 6 hours now.
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