That will be a good news for crypto industries. I think when transaction increased abnormally then any network can fail but need not to be worry stay with this huge crypto industries.
Topic: Ethereum Gas Prices Return to Normal, After Intentional Network Overload - page 2. (Read 1444 times)
July 19, 2018, 03:00:21 PM
July 19, 2018, 10:33:20 AM
the market is dying. Those greedy basta..s are seeing the end for their "money for doing nothing",and when ever they feel there is "not enough" they launch this "cyka blyat" actions to get more money
July 19, 2018, 10:30:19 AM
this is good news for everyone, because the ethereum gas fee is back to normal and the transaction goes back to normal without paying a fortune. gas increases are very detrimental to users such as ico projects that want to distribute their tokens to investors and bounty hunters,
July 19, 2018, 09:46:08 AM
Good news for all of us.I think it's a rumor that EOS got spam attack. Its a bad sign. We all of us should faith on this coin
July 19, 2018, 09:04:28 AM
This is indeed a good news. Recently, the load rate of ETH is too high for me to afford the service fee.
The service fee of one transfer is even $5, which is too high. I hope the throughput of ETH can be improved.
The service fee of one transfer is even $5, which is too high. I hope the throughput of ETH can be improved.
July 19, 2018, 09:00:03 AM
This is good news as many of us has paid high fees for transactions for some days now and this has affected ethereum price recently because I expect ethereum to go as high as $600 base on the current cryptocurrencies' price pump. Now we can now start to trade with normal gas.
Lol that's not affecting the price of ethereum. In fact that has been created by so many haters of ethereum that keeps spamming the network with a bunch of crap token contract to create any shitty transaction to increase the standard fees July 19, 2018, 08:41:13 AM
It’s a very good news for me. I was trying to made some transaction in other days. There was some issue to raise the gas price. I feel when I know the price I normal again. People should have more trust in this coin.
July 19, 2018, 07:57:24 AM
As a result, spam attack cost a huge amount of money, and after a short while as we see the price of gas became acceptable. I think this will be a lesson for the developers of the etherium.
July 19, 2018, 07:14:33 AM
Good to hear, they really need to scale their network though so that this stops becoming such an issue so often.
July 19, 2018, 07:13:47 AM
Typically when the network is overloaded it takes a little while to deal. Once the network is ready, it is possible to trade in normal time again. That happened to Ethereum.
July 19, 2018, 02:00:48 AM
This is good news as many of us has paid high fees for transactions for some days now and this has affected ethereum price recently because I expect ethereum to go as high as $600 base on the current cryptocurrencies' price pump. Now we can now start to trade with normal gas.
July 19, 2018, 02:00:43 AM
Ethereum network blocking is a terrible thing, but no one knows what causes it to block. For me, the sooner this problem is discovered and solved, it is a good thing. It will be more perfect in the future.
July 19, 2018, 01:57:54 AM
I do not think anything was intentional. At least, as far as I always remember, whenever there are new popular games or apps, then we see a temporary increase in transactions and hence gas price,,, after that everything goes down to normal. I read also that it is caused by new exchanges doing "transaction mining" and also coin voting for new listing. You have to vote with sending ETH and it has to be above certain gas price, so of course people want to vote with 100 ETH accounts. So much abuse, all to create artificial volume.
July 19, 2018, 01:55:26 AM
Fortunately, the Internet cost of the Ethernet in these days is normal, otherwise I can not participate in the investment. When the price is high, you can't trade at all, because you need to transfer several times each time, especially between different exchanges, so you need to spend a lot of dollars.
July 19, 2018, 01:30:39 AM
this was not a spam attack, don't flatter yourself 
this was simply a small increase in number of transactions which ethereum network failed to handle like it always does. it is starting to happen so often these days specially when there is some big ICO running or some of these silly smart contracts like the kitties are gaining momentum. ETH is not designed to handle large number of transactions.
I agree partially. I still remember how messed up the network was due to the kitty game which was seriously irritating. Such stuff tends to happen now and then as you said, but I do not agree with the statement that ETH is not designed to handle large number of transactions. On the contrary, Bitcoin faced problems in this department while Ethereum performed in a better manner in this aspect. Ethereum network will continue improving with regards to these problems with time. this was simply a small increase in number of transactions which ethereum network failed to handle like it always does. it is starting to happen so often these days specially when there is some big ICO running or some of these silly smart contracts like the kitties are gaining momentum. ETH is not designed to handle large number of transactions.
July 19, 2018, 01:28:14 AM
hopefully back to its normal GAS is no impact of the decline in the time of block confirmation in verifying every transaction made so it does not take long to get to the wallet address in the direction.
July 19, 2018, 01:20:09 AM
Usually when the price of Bitcoin rises ethereum gas also rises. But with the decline in gas prices, it becomes our advantage to have tokens. The right time to sell the Tokens we have.
July 19, 2018, 01:14:53 AM
I suppose we all can take a sigh of relief. It was taking a long time to do transactions few days ago but this isn't the first time I'm hearing about congestion on eth network. hopefully they'll do something about it.
July 19, 2018, 01:11:15 AM
Hi, this is the good news for everyone who uses the etherum network. Last week when i transfer my token to exchange, the fee is very expensive and pending long time, so inconvenience! now the fee is normal, good!
July 19, 2018, 01:06:52 AM
Ethereum (ETH) Gas Prices Return to Normal, After Suspected Intentional Network Overload
The Ethereum (ETH) network faced heavy congestion over the weekend, leading some to suspect a concerted effort at launching spam transactions. Over the weekend, gas prices reached above 200 GWei for higher speeds
Read more at: https://cryptovest.com/news/ethereum-eth-gas-prices-return-to-normal-after-suspected-intentional-network-overload/
From my experience last week ETH network was horribly overloaded, transactions with 41 GWEI took really long to proceed and some of them were simply dropped.
The Ethereum (ETH) network faced heavy congestion over the weekend, leading some to suspect a concerted effort at launching spam transactions. Over the weekend, gas prices reached above 200 GWei for higher speeds
Read more at: https://cryptovest.com/news/ethereum-eth-gas-prices-return-to-normal-after-suspected-intentional-network-overload/
From my experience last week ETH network was horribly overloaded, transactions with 41 GWEI took really long to proceed and some of them were simply dropped.
This is a sign of relief its has been very terrible transacting eth mainly in MEW and there are many complains on the distribution of tokens arising from the congestion of the network and high gas prices thus resulting to the suspension of distributions of tokens in past weeks ago of an ICO. I hope a lasting solutions should deployed to this problem to avoid future occurrence.
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