ETH high gas fee - page 31. | Bitcointalksearch.org

bittick

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Quote from: Om.monata on December 14, 2020, 09:42:08 AM

There are many issues that cause eth gas fees to rise. but this will not last long, maybe in the future everything will return to normal for the gas fee

Quote from: Baimovic on December 17, 2020, 07:11:54 AM

Quote from: Om.monata on December 14, 2020, 09:42:08 AM

There are many issues that cause eth gas fees to rise. but this will not last long, maybe in the future everything will return to normal for the gas fee

can you guarantee it all? I hope it happens as soon as possible. in fact many rumors say that if ETH 2.0 is released it will reduce the problem of expensive gas costs but after its release it does not affect at all. eth gas costs are still high.

Dude, you must read anything slowly. it looks like you didn't even read all of ethereum 2.o roadmap. The sharding solution already expected to come next year and that means if you will not see the gas price of ethereum will be stable at the lower price until next year.
you can't expect the scalability of ethereum will be getting a big improvement after the first phase of ethereum 2.0

TofuDefi

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Quote from: TopTort777 on December 17, 2020, 08:17:13 AM

Found this screenshot today:

Poor guy spent already 1 ETH for transactions and still haven't achieved what he wanted...That is not what we all awaited from ETH 2.0.
This is a strong punch on Ethereum blockchain reputation. You can forget with arbitrage for a long time with such speed and prices. Something must be done by Buterin, otherwise his blockchain will face death or ignorance.

It's sad, but it provides an opportunity for other smart contract chains.

TopTort777

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Found this screenshot today:

Poor guy spent already 1 ETH for transactions and still haven't achieved what he wanted...That is not what we all awaited from ETH 2.0.
This is a strong punch on Ethereum blockchain reputation. You can forget with arbitrage for a long time with such speed and prices. Something must be done by Buterin, otherwise his blockchain will face death or ignorance.

TofuDefi

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Quote from: Baimovic on December 17, 2020, 07:11:54 AM

Quote from: Om.monata on December 14, 2020, 09:42:08 AM

There are many issues that cause eth gas fees to rise. but this will not last long, maybe in the future everything will return to normal for the gas fee

can you guarantee it all? I hope it happens as soon as possible. in fact many rumors say that if ETH 2.0 is released it will reduce the problem of expensive gas costs but after its release it does not affect at all. eth gas costs are still high.

Ethereum 2.0 will be launched in several stages. Right now they launched zero stage (Beacon chain) on mainnet. They need to launch another three stages (Phase 1, Phase 1.5 and Phase 2) to enable payments on new PoS chain. I think it will take a year or even more to do so.

Meanwhile, TRON already work on quite effective Delegated PoS consensus mechanism and have all features of Ethereum.

Baimovic

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Quote from: Om.monata on December 14, 2020, 09:42:08 AM

There are many issues that cause eth gas fees to rise. but this will not last long, maybe in the future everything will return to normal for the gas fee

can you guarantee it all? I hope it happens as soon as possible. in fact many rumors say that if ETH 2.0 is released it will reduce the problem of expensive gas costs but after its release it does not affect at all. eth gas costs are still high.

lepbagong

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Quote from: ?? on ??

Ethereum has been known for a long time about high gas fees, and it has been popular with traders,
therefore traders are also reluctant to use Ethereum as a transactional tool,
just imagine sending $ 10 in fees which must be paid $ 1- $ 2 if the network is full.

It looks like you have to look back on all your transactions, because everyone is clearly complaining because it is true that ethereum's current gas costs are out of the ordinary, do you not see the reality. !! If the increase is due to high traffic, maybe we can understand and have had the same incident with Bitcoin in the past because of high traffic, so that some exchangers have increased their gas fees. However, the current increase is beyond normal and there have been improvements, although not satisfactory, it is highly believed that it will be resolved.

TofuDefi

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Quote from: coin_1122 on December 14, 2020, 07:11:56 AM

Quote from: TofuDefi on December 14, 2020, 06:44:24 AM

Quote from: Mata Kripto on December 12, 2020, 09:51:33 AM

maybe because of the large number of users who make transactions on uniswap, lately eth gas costs are very expensive and most of them make transactions on the uniswap network. but I believe that someday the cost of eth gas will go down, it's only a matter of time.

No it won't. At least in the near future until Ethereum 2.0 will become main Ethereum chain. So meanwhile I suggest to use TRON. It's much cheaper.

Of course, the Tron block chain is faster and their charges are very less, but every coin is not listed in Tron. Even though ETH fees are high but many people are still spending their money and buying their desired coin, the previous 6 months were very crucial for the ETH because their fee seems to be very high.

Yes, you're right. That's why we've started our TofuDefi project which aims to solve this issue. If people will be able to trade Ethereum tokens on Tron it will benefit all players.

MishaSER

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Quote from: ?? on ??

Ethereum has been known for a long time about high gas fees, and it has been popular with traders,
therefore traders are also reluctant to use Ethereum as a transactional tool,
just imagine sending $ 10 in fees which must be paid $ 1- $ 2 if the network is full.

I don't think that traders trade at $ 10 and this amount should be sent once and trade on the exchange as much as you want.

Abiky

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Quote from: Benefactor on December 11, 2020, 10:45:18 PM

ETH overhaul is still long approach also so in the event that you truly need to make exchange the best strategy is simply exchanging over. I think until further notice everybody won't try to execute with ETH if the gas costs are high similar to this, possibly they move it by purchasing another Altcoin and afterward selling it with that Altcoin in return.

People are already starting to move to other altcoins due to ETH's high network congestion. Right now, BNB and TRON are rising in popularity in the crypto/Blockchain space. They provide the goodness of Ethereum's smart contracts combined with ridiculously low fees and blazing-fast transaction speeds. Ethereum's competitors could gain all of the attention in the mainstream world, if the ETH dev team takes a long time to improve the Blockchain. While ETH 2.0 is soon to become a reality, it won't be a definite solution for scaling the Blockchain in the long term. Further adjustments are going to be needed in order to keep ETH afloat in the mainstream world. Otherwise, expect TRON and BNB to grow towards new heights in the future.

Nonetheless, it seems that the majority doesn't care about ETH's high fees. That's probably because of the network's unmatched security/reliability unlike any other smart contract platform in existence today. With ETH having the most number of dApps in the crypto/Blockchain space, switching to a competing chain becomes unfeasible. Only time will tell us what will be the fate of ETH as smart contracts become more popular in the crypto/Blockchain space. Just my opinion

soetikno

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for the cost of gas eth in December this is quite cheap and unlike last month, at most 60 gwei, I think the uniswap which Donates gas costs is high

kasakola

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ETH high gas fee is not a problem for everyone it is a problem for everyone so we are not sitting where we have to pay a lot of fees and we are tired of paying fees so I think ETH 2.0 can solve this problem we have been waiting for a long time To do I think ETH 2.0 will solve this problem very soon and will help us a lot. But we may have to give more time to do this. Thanks everyone who

Om.monata

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There are many issues that cause eth gas fees to rise. but this will not last long, maybe in the future everything will return to normal for the gas fee

paglarhat

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Everyone has said that if ETH 2.0 is launched, gas fees will be reduced.
Is that so?
I never think so.
Does anyone know the details about ETH 2.0?
If you know, please let me know.

bitbit20

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Quote from: VolkoB on November 26, 2020, 04:33:17 AM

When will this madness end?
Who is willing to pay such amounts for a transaction?
https://i.ibb.co/Lznnsbc/Screenshot-2.png

Gas fee is a matter of thinking of Ethereum network transaction. Fees now decreased but still more to us. I hope it will soon decreased fees after Ethereum 2.0 if complete without any problem. Gas fees, speed depends on the success of 2.0. Patience is need for now for decrease of fees.

coin_1122

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Quote from: TofuDefi on December 14, 2020, 06:44:24 AM

Quote from: Mata Kripto on December 12, 2020, 09:51:33 AM

maybe because of the large number of users who make transactions on uniswap, lately eth gas costs are very expensive and most of them make transactions on the uniswap network. but I believe that someday the cost of eth gas will go down, it's only a matter of time.

No it won't. At least in the near future until Ethereum 2.0 will become main Ethereum chain. So meanwhile I suggest to use TRON. It's much cheaper.

Of course, the Tron block chain is faster and their charges are very less, but every coin is not listed in Tron. Even though ETH fees are high but many people are still spending their money and buying their desired coin, the previous 6 months were very crucial for the ETH because their fee seems to be very high.

TofuDefi

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Quote from: Mata Kripto on December 12, 2020, 09:51:33 AM

maybe because of the large number of users who make transactions on uniswap, lately eth gas costs are very expensive and most of them make transactions on the uniswap network. but I believe that someday the cost of eth gas will go down, it's only a matter of time.

No it won't. At least in the near future until Ethereum 2.0 will become main Ethereum chain. So meanwhile I suggest to use TRON. It's much cheaper.

SHAHKHAN22

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Quote from: VolkoB on November 26, 2020, 04:33:17 AM

When will this madness end?
Who is willing to pay such amounts for a transaction?

Yeh bro it made everyone unhappy😞 because transaction fees (gas fees) increased and increased day by day and its too hard for me and all trader to pay such like this high transaction fees .
But I am sure that this high transaction fees problem will be solved soon. Because this high fees problem is for a limited time not permanent. So don't be afraid

Mata Kripto

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maybe because of the large number of users who make transactions on uniswap, lately eth gas costs are very expensive and most of them make transactions on the uniswap network. but I believe that someday the cost of eth gas will go down, it's only a matter of time.

BRABO2

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Quote from: YOSHIE on November 26, 2020, 05:00:12 AM

Gas costs incurred for ETH transactions, which are among the highest costs currently incurred, were several months ago.

Don't know when this ends, like it or not if you make a transaction with ETH that's the risk you accept.
Everyone complains about the exhaust gas, just hope everything returns to normal as usual at normal prices, that's all I can say, can't do much.

Yes,You are absolutely right. I thing your post is so positive. I am agree with you.

onecall123

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Quote from: ?? on ??

high gas fees on Ethereum will never stop, the Ethereum network will always give high gas fees when it's crowded,
my advice is if you want to use transactions on the Ethereum network, at night is the perfect time, because it's cheap

That's caused by there's no specific date about the implementation of sharding solution. As far as i know this update already waited by so many people especially for the regular users of ethereum chain.
It's all of ethereum assets are pegged with ethereum. There's no reason to call ethereum fees already decreased but it has not yet got changed since the solution is not yet implemented.
I hate to say that but we must wait even longer.

Time to time this things getting changes, until now there is nothing specific dates to get a solution. But, any kind of micro transaction payments on Ethereum network suffered most. In the meantime, we have to wait unless changes come to the network.

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