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Topic: Impact of Berlin hard forks ETH network (Read 100 times)

member
Activity: 518
Merit: 45
April 28, 2021, 12:15:49 AM
#5
Thanks for this update, I just hope Ethereum people get this coming hard fok right, a lot has been priced into it as we can see and people are projecting that we are likely going to see Ethereum at 0.1BTC soon, if this is right then the transaction fee is likely going to come down significantly, though some people are betting that Ethereum 2.0 might not leave up to expectation
Truly a lot has been expected from this hard fork. I believe the ethereum 2.0 should be able to put an end to the present challenges faced with the ethereum network congestion and high gas prices.
I this the synchronization delay should be peculiar to only a few wallets e.g mycelium and nano wallets.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
April 27, 2021, 07:53:37 PM
#4
News has been making around that because of the Berlin hard forks and wallet synchronization they may be a delay in sending and receiving ethereum and Erc20 tokens on the ethereum blockchain this transaction congestion may last from 7️⃣ to 🔟 days.
So don’t panic when you get a longer ethereum transaction time.

🔗

https://media.mycelium.com/2021/04/26/berlin-hard-fork-possible-synchronisation-delays/
That's only for mycelium users, right? I were using another wallet and it can synched easily without any delays. It seems like mycelium was a bit too late to update its client to be able synched with the latest update on ethereum network.
Is this wrong?
member
Activity: 280
Merit: 28
April 27, 2021, 02:30:22 PM
#3
Thanks for this update, I just hope Ethereum people get this coming hard fok right, a lot has been priced into it as we can see and people are projecting that we are likely going to see Ethereum at 0.1BTC soon, if this is right then the transaction fee is likely going to come down significantly, though some people are betting that Ethereum 2.0 might not leave up to expectation

If I remember it right ETH was as high as around 0.13 once, few years ago, on ICO hype peaks. And fees were quite high back then, too.
hero member
Activity: 2128
Merit: 530
PredX - AI-Powered Prediction Market
April 27, 2021, 02:20:53 PM
#2
Thanks for this update, I just hope Ethereum people get this coming hard fok right, a lot has been priced into it as we can see and people are projecting that we are likely going to see Ethereum at 0.1BTC soon, if this is right then the transaction fee is likely going to come down significantly, though some people are betting that Ethereum 2.0 might not leave up to expectation
member
Activity: 336
Merit: 16
April 27, 2021, 12:56:53 PM
#1
News has been making around that because of the Berlin hard forks and wallet synchronization they may be a delay in sending and receiving ethereum and Erc20 tokens on the ethereum blockchain this transaction congestion may last from 7️⃣ to 🔟 days.
So don’t panic when you get a longer ethereum transaction time.

🔗

https://media.mycelium.com/2021/04/26/berlin-hard-fork-possible-synchronisation-delays/
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