This is really a shame, the fees cost more than the token price, I have some tokens in my wallet and I am unable to send them to the exchange due to the very high fees.
In any case, we are waiting for the upcoming changes with the launch of the Ethereum 2 network, although the network has been officially launched, it is still under testing and development and has several stages to overcome, so we have to be patient and wait. Hope the wait isn't too long because this is really annoying.
Topic: Is it really that hard to make ethereum faster and cheaper? - page 2. (Read 271 times)
That's really intriguing, I've seen people posting how much they have to pay for the gas fees and how disappointed they are. But we can't do anything about it.
When you're transferring or swapping, always check if the recommended gwei by that time isn't that much so that you have an idea how much it will cost, whether it will be quite high or low.
When you're transferring or swapping, always check if the recommended gwei by that time isn't that much so that you have an idea how much it will cost, whether it will be quite high or low.
I understand large scale and large success.
But this problem has been around for a very long time.
I'm not sure why devs are always acting in favor of miner but not bothering about end-users. For the case of bitcoin also they are not going for long-term solutions but they adopted just the time being solution of segwit. That is the reason we are currently having very huge transaction fees again along with ethereum.But this problem has been around for a very long time.
I believe etehreum devs are simply following same kind of tactics which is the reason they are not hurrying to find a solution for their scaling problems. At the same time, unlike bitcoiners, dapps people might start looking for alternate platforms for hosting their project. I believe it is already happening and it may go more intensified in near future if ethereum devs will not solve the high transaction fees problems at any time soon.
I thought that the high commissions after the April Berlin hard fork would be a thing of the past, when the swap price for Uniswap dropped to 30 dollars. But today I was once again upset by the return of high fees in the ethereum blockchain, which amount to more than $200. Maybe the network load is related to the Shiba pump?
Getting all votes from the Consensus. That is why EIP hard to get approved to solve problems. On the other hand, there are still people paying such high fees. It means the high demand of ethereum making the whole network stagnant. Resources are needed for better performance
This is a problem that plagues many of us. Due to the high cost of transactions, the wallet contains tokens that cannot be used. Maybe in the future, something will change, and we will get what was a year ago.
I understand large scale and large success.
But this problem has been around for a very long time.
All the time changes for the better but it is still a mockery and embarrassment.
With such a budget and with such a background it should have been done a long time ago.
This whole crypto world is one absurdity.
Projects collect billions for the witepaper alone
And when a project works out and earns trillions it still can't be done for 3 years as it should be done.
On Saturday, the swap to eth at uniswap/1inch cost again 600 USD (worth of tokens 1000 usd)
the greedy one loses twice
frustrated
I hope ethereum gas fee will decrease soon. Now it is very hard to swap your 100$ Erc20 token to eth. I have many coins valued 75$, 90$ but I can't swap them. But this problem has been around for a very long time.
All the time changes for the better but it is still a mockery and embarrassment.
With such a budget and with such a background it should have been done a long time ago.
This whole crypto world is one absurdity.
Projects collect billions for the witepaper alone
And when a project works out and earns trillions it still can't be done for 3 years as it should be done.
On Saturday, the swap to eth at uniswap/1inch cost again 600 USD (worth of tokens 1000 usd)
the greedy one loses twice
frustrated
Is it really that hard to make ethereum faster and cheaper?
Decentralised is always slower and more expensive then Centralised. Ethereum could change some things more centralised and solve it. Tari is doing it. Etehreum decided to take very wast spectre and have problems with that. They should specialise what they want. Many services that now use Etehreum blockchain dont need such level of decentralisation as Etehreum offers them. You should definitely look at what Tari is doing.
but transactions are still carried out and do not stop at all, that means they are still making profits even though they have to pay very expensive fees, but for traders with little capital they will stop trading activities because they cannot bear large fees.
That's from the ethereum fan boys and ETH millionaires around the globe lol, I have some ETH up to 50$ in my wallet and I can't even send out to exchange because of transaction fee is way too big, ETH won't fix this gas fee issue because of PoW algorithm and miners, that's my own believe even the upcoming EIP 1559 won't solve this issue 
i know how do you feel about ethereum fees but did you know that? Implementing the EIP to fix the problem that is still faced by ethereum chain is not easy as people said. There must be an agreement between all of the validators to implement the new client that will be supporting the update and this consumes a lot of time.
EIP must have passed various audits to make sure if it will not have bug.
That's why you should be patient for that.
EIP must have passed various audits to make sure if it will not have bug.
That's why you should be patient for that.
Ethereum is having scalability issue that is the reason the fee went to high when a lot of microtransactions causing the prices to spike up, but ethereum developers are trying to find the solution so they are moving to PoS algorithm so they can avoid the spam projects from the main transaction chain which will make the fee to be lot cheaper. The only concern is the time taken for the complete roll over of ETH2.0 still needs too much time.
Another one frustrated from the current gas price. I have $300 worth of wrapped Ether and $30 worth of Ether in my wallet. Still that amount of Ether is not enough to swap WETH to ETH in Uniswap. And now I need to add more Ether from outside while I plan to empty my wallet after the Ether is unwrapped. i.e. I'd require about $150 as fees to get my $300. It's totally frustrating.
I understand large scale and large success.
But this problem has been around for a very long time.
All the time changes for the better but it is still a mockery and embarrassment.
With such a budget and with such a background it should have been done a long time ago.
This whole crypto world is one absurdity.
Projects collect billions for the witepaper alone
And when a project works out and earns trillions it still can't be done for 3 years as it should be done.
On Saturday, the swap to eth at uniswap/1inch cost again 600 USD (worth of tokens 1000 usd)
the greedy one loses twice
frustrated
But this problem has been around for a very long time.
All the time changes for the better but it is still a mockery and embarrassment.
With such a budget and with such a background it should have been done a long time ago.
This whole crypto world is one absurdity.
Projects collect billions for the witepaper alone
And when a project works out and earns trillions it still can't be done for 3 years as it should be done.
On Saturday, the swap to eth at uniswap/1inch cost again 600 USD (worth of tokens 1000 usd)
the greedy one loses twice
frustrated
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