Topic: Ethereum fees are crazy... - page 5. (Read 1235 times)
Looks like it's because new dApps like Uniswap that consuming high fee, Also as you know because of UNI Airdrop yesterday basically it's normal to assume the people that receiving it was trade their UNI on the platform which we know it have high fee, Well let's hope it will become normal again soon.
Those who are continuing to use this chain got no other options with new projects that they are riding with the trends.
Uniswap mostly affects this huge cost as the network really busy working with every transactions that this exchange
is facilitating from time to time.
today GAS looks better due to the downturn even though it is still quite expensive as it is still above $ 1. but this situation continues to change even yesterday we saw the costs have to be increased very largely.Uniswap mostly affects this huge cost as the network really busy working with every transactions that this exchange
is facilitating from time to time.
even though the network is very congested, and there may indeed be errors or interference with the ethereum network which makes gas costs very expensive. but if you look at transactions at Uniswap that require a higher fee than other exchanges, they still have large transactions.
Yes, the fees is very crazy now, I think many people will like to switch to other cryptocurrencies, since the fees is too high compare to other platform like LTC, BNB, and BTC that have low gas fees.
It is possible that if the erc20 network users are still busy, the fees will continue to increase and will not go down, actually this is the busiest usage as long as ETH has been made even beating the use of density during the 2017 bullrun.
I myself feel annoyed, but for a while every day eth gas can go down even if only for a moment.
When more and more transactions are created on the ethereum blockchain, it will make gas costs increase and the transaction will become busy and shipping costs will not be as fast as usual, gas costs will decrease when transactions decrease so that they are not as busy as when gas prices rise. I myself feel annoyed, but for a while every day eth gas can go down even if only for a moment.
It is possible that if the erc20 network users are still busy, the fees will continue to increase and will not go down, actually this is the busiest usage as long as ETH has been made even beating the use of density during the 2017 bullrun.
I myself feel annoyed, but for a while every day eth gas can go down even if only for a moment.
I myself feel annoyed, but for a while every day eth gas can go down even if only for a moment.
At the moment it is free from ethereum is very crazy and this we feel heavy when making withdrawals, but some of us feel advantaged especially those who follow their deFi project must get a lot of profit, but this sometimes feels unfair because some of us there are harms, I think this should be a change.
many users of the ethereum platform have complained about this unreasonable cost of GAS, I think long when transacting using the etehreum platform
didn't know this problem would end for example this problem persists, I am afraid that many will leave the ethereum platform, including me
didn't know this problem would end for example this problem persists, I am afraid that many will leave the ethereum platform, including me
Those who are continuing to use this chain got no other options with new projects that they are riding with the trends.
Uniswap mostly affects this huge cost as the network really busy working with every transactions that this exchange
is facilitating from time to time.
Those who are continuing to use this chain got no other options with new projects that they are riding with the trends.
Uniswap mostly affects this huge cost as the network really busy working with every transactions that this exchange
is facilitating from time to time.
today GAS looks better due to the downturn even though it is still quite expensive as it is still above $ 1. but this situation continues to change even yesterday we saw the costs have to be increased very largely.Uniswap mostly affects this huge cost as the network really busy working with every transactions that this exchange
is facilitating from time to time.
even though the network is very congested, and there may indeed be errors or interference with the ethereum network which makes gas costs very expensive. but if you look at transactions at Uniswap that require a higher fee than other exchanges, they still have large transactions.
many users of the ethereum platform have complained about this unreasonable cost of GAS, I think long when transacting using the etehreum platform
didn't know this problem would end for example this problem persists, I am afraid that many will leave the ethereum platform, including me
didn't know this problem would end for example this problem persists, I am afraid that many will leave the ethereum platform, including me
Those who are continuing to use this chain got no other options with new projects that they are riding with the trends.
Uniswap mostly affects this huge cost as the network really busy working with every transactions that this exchange
is facilitating from time to time.
So the problems for the high fees are "technical" not the "low stock" i am correct?...
In anyway we should expect low fees to the mid of the next year right?...
In anyway we should expect low fees to the mid of the next year right?...
Ethereum gas fees increase when the network is loaded. And this is because of the interacting with DeFi smart contracts, threaten the growth of the sector. And with the surging of Defi projects on Ethereum it has contributed skyrocketing with the fees.
Higher fees means that there are higher number of transactions that is being processed. It's likely that the hype on Decentralized Finance or known as DeFi lately caused it, there were more tokens that has been distributed/ circulating, more trades that happened, more sending of balances. With it currently having such high fee, it is expected that it will go down soon because the DeFi hype will eventually perish.
and it should influenced to ethereum price, but its no okay if we still paid high fee for each transaction, investors and trader could move to another platfrom that have good network and low gas fee. and defi maybe have contribution to this fee.
Higher fees means that there are higher number of transactions that is being processed. It's likely that the hype on Decentralized Finance or known as DeFi lately caused it, there were more tokens that has been distributed/ circulating, more trades that happened, more sending of balances. With it currently having such high fee, it is expected that it will go down soon because the DeFi hype will eventually perish.
This year there were big problems with fees on ethereum blockchain, but some time ago there were improvements. Nontheless last airdrop on Uniswap aggravated situation and fees are higher and higher. Scalabiltity still is weak side of cryptocurrency and updates are necessary to make things better
Ethereum fees are too crazy, Because of high gas fee.
I think it will be lower. when ethereum 2.0 will start.
waiting for 2.0
I think it will be lower. when ethereum 2.0 will start.
waiting for 2.0
Once upon a time when Ethereum fees are too low that anybody can transact even 1 dollar worth coin to another wallet or exchange but These days oh my god Ethereum fees are the only boss in this world. Almost many bounties and airdrop payment are pending due to this high transaction cost. Anybody don't know when will it come down or might go even bigger transaction fees then this. Looking at eth price it is not going to end early so just see what happen next.
Someone knows if with ETH 2.0 this fee problem will be solved?
When the network traffic slows down but nobody knows exactly when. But the good thing is that, gas fees back to normal again and you can set it to the minimum gas fee. But of course, there is no instant confirmation to happen the same thing as of before, only a thing that small fees could still be confirmed not quite long compared in the past days.
You can check it
https://etherscan.io/gasTracker
Fees crazy and so many failed/pending transaction when you input your gas below 700 gwei, i dont think its not good for future of DEFI because newbie like me dont have ether to cover transaction in Uniswap
Actually it was not the work of DeFi, but the act of the Ethereum platform whose gwei costs suddenly increased until it was not controlled by the owner itself, and this is a lot of reason because the development of ETH 2.0 is still not finished until now. 
Yesterday I wanted to convert around 1800 Lina token to Ethereum through uniswap and the swap fee on uni swap was about 0.1 ETh 
I really avoid using uniswap , the fee of swapping in it is too hight , that is why I sent to some CEX and changed it there to Ethereum .
I really avoid using uniswap , the fee of swapping in it is too hight , that is why I sent to some CEX and changed it there to Ethereum .
Stake Lina, dont dump it
But seriously, the ETH network has been congested for the past few months and I doubt that it will clear itself anytime soon. Weeks ago the whole yield farming scene was to blame for such high fees, now is the UNI airdrop/trading insanity, and a week from now something new will come along and wreck the network again. 
Yes of course, GAS fee make me crazy....
But, if we have token or coin with high values maybe this fee its ok.
And i don't know why this fee very high right know. Maybe anyone can explain me ?
The problem is that not everyone has a large amount of capital to be able to withstand such gas charges. There are a lot of small investors in the market and it is difficult for them to pay such a large fee.But, if we have token or coin with high values maybe this fee its ok.
And i don't know why this fee very high right know. Maybe anyone can explain me ?
This also makes it difficult for bounty hunters, some bounty projects only pay bounty hunters a very small amount, if they deposit tokens on exchanges for such a fee they have nothing left.
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