....
So I have to pay the gas fees again to re-do for failed transactions?
That would mean you have to send a different transaction with a new tx hash so YES you would need to pay a new tx fee for that.
It's one of the headaches of on-chain transactions over Ethereum and even in BSC.
But BSC is much cheaper and less congested right?
I don't understand how the sender is liable to the miners for failed transactions when the sender wallet allows different fee set speed send services, like slow, medium or fast. If sender is liable for failed transaction fees according to the eth blockchain rules then sender should definitely not be liable for failed transactions sent on normal default or fast fees because how is it the sender's fault
I wouldn't say BSC is less congested since there are also days when daily transactions surpasses Ethereum.
Yes the fees are cheaper there since they have more control on the gas price with only 21 validating nodes. The validators changes from time to time but the total number doesn't.
It's not the responsibility of the Ethereun miners how much fees you used to send. They also do not set the gas price. You should probably remove from your head the centralized finanvial system where fees are fixed for a while and refunds can be done.
Dayum, just 21 nodes? How is this decentralized?
How many nodes does Polygon & Tron have?
Its like every 10 secs the fees are so volatile according to:
https://ethgasstation.info/index.php?curr=gbpI sent coins to exchange at 'standard less than 5 mins' fee at 105 Gwei which was recommended at the time on the site above. After like 20 secs later I refreshed that site and now the same fee has gone up to 132 gwei
Now I see on the Etherscan global transaction explorer that it will take 11hrs still Pending status for confirmation wth
When I choose gwei when sending, ok after that I take a few mins to double check deposit address to make sure you know what I mean before I click on the final submit send coins button. During those few mins the gwei fee can change right meaning the recommended fee shown at the site above can now be outdated and too slow now correct if gwei fees gone up during that time meaning instead of 5mins I gotta wait 11hrs now?
Ive been using gasnow.org when checking out gas fees and have integrated some browser extension which is helpful for me to check out if its worth to make out some erc20 transactions or not basing on the gas fees.
I have checked out gasnow and it now turns to
https://bitcoin.org/en/ or redirecting which i dont know on what happened but you could also check out on
https://etherchain.org/tools/gasnowwhich it is just really normal to have those volatile Gwei counts from seconds to seconds which i consider to be typical or default.
Yeah that gasnow site has been shut down. That was the best most accurate site for checking gas fees?
Its like every 10 secs the fees are so volatile according to:
https://ethgasstation.info/index.php?curr=gbpI sent coins to exchange at 'standard less than 5 mins' fee at 105 Gwei which was recommended at the time on the site above. After like 20 secs later I refreshed that site and now the same fee has gone up to 132 gwei
Yeah this really sucks and it happened to me too both on the ethereum chain and on the bitcoin chain. As far as i know you can speed up your transaction, if you have sent it with metamask. Then your transaction will be rebroadcasted again with a higher gas fee. This is not ideal as you have to spend the gas fee twice and there is no guarantee for success but it might be worth a try if that transaction is time critical. There is also a way to remove your transaction from the blockchain, but that is more complicated and you definitely need to follow the guides there step by step.
I thought it was impossible to remove recorded entries from a decentralized public blockchain with lots of nodes. So what do you mean there's a way to remove a transaction from a blockchain
[moderator's note: consecutive posts merged]