Ethereum Gas Question For Not Sending Ether.

presimify

newbie

Activity: 21

Merit: 0

Quote from: cryptobae10 on October 06, 2018, 06:51:38 AM

I don't know what you are trying to imply, but the etherum gas fee for sending transaction is the cheapest you can ever get for a transactions
moreover the etherum blockchain is very cheap easy and convenient to use.

The 0.02$ is the cheapest in the universe. have you ever used an exchange site before ? do you know how much they charge for a withdrawing ?
Then you need to figure out your priority and really vote on the right things

First and foremost, thank you for your replies!

My objective is to not send coins as transactions but allow voting through the smart contract which in turn gets verified as a transaction on the Ethereum blockchain. I know .02 cents per transaction/gas is cheap but when you do 20,000 transactions a day it can be expensive. So now the question is:

Can I bundle 20,000 votes into one transaction for the same gas price? Remember, the objective here is to have as many transactions on the cheap as possible.

Thank you again for your help.

VanDeinsberg12

hero member

Activity: 1540

Merit: 507

Quote from: presimify on October 05, 2018, 06:13:12 PM

So a new function that we're working on is a voting system. We need to register a vote on the Ethereum blockchain as a transaction. My understanding right now is that sending ETH to another wallet cost around .02 cents for gas for confirming the transaction. My question is since we're not sending tokens to wallets, can we get a better gas price? We have on average 3000 transactions a day and we're paying the gas for the users votes. We're merely allowing someone to vote then that vote they entered is a transaction on the blockchain that is verified.

So as you can see we're trying to cut the cost down for each transaction. Any thoughts?

Thanks everyone.

And that will be related to the ethereum network and does the scalability improvement on the ethereum platform will not help it?
It looks so cheap for each transaction, remember this is blockchain and this is not a part of DAG system that used server to verify any transaction.
This is my opinion about that.

cryptobae10

jr. member

Activity: 658

Merit: 5

I don't know what you are trying to imply, but the etherum gas fee for sending transaction is the cheapest you can ever get for a transactions
moreover the etherum blockchain is very cheap easy and convenient to use.

The 0.02$ is the cheapest in the universe. have you ever used an exchange site before ? do you know how much they charge for a withdrawing ?
Then you need to figure out your priority and really vote on the right things

MP_SI

copper member

Activity: 70

Merit: 1

Tell the truth – or, at least, don't lie!

I have no idea - bit I made a post to push it to the beginning

presimify

newbie

Activity: 21

Merit: 0

I'm amazed that a simple question posted just a few minutes ago is now on page 19 billion where it's basically buried where no one can see it. Anyhow, if someone can answer I would be humbled and kind!

presimify

newbie

Activity: 21

Merit: 0

So a new function that we're working on is a voting system. We need to register a vote on the Ethereum blockchain as a transaction. My understanding right now is that sending ETH to another wallet cost around .02 cents for gas for confirming the transaction. My question is since we're not sending tokens to wallets, can we get a better gas price? We have on average 3000 transactions a day and we're paying the gas for the users votes. We're merely allowing someone to vote then that vote they entered is a transaction on the blockchain that is verified.

So as you can see we're trying to cut the cost down for each transaction. Any thoughts?

Thanks everyone.

Topic: Ethereum Gas Question For Not Sending Ether. (Read 149 times)