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Topic: what's wrong with uniswap? - page 4. (Read 623 times)

member
Activity: 162
Merit: 84
August 29, 2021, 11:53:03 PM
#7
I have posted about gas being so big on the 28th yesterday and please find out there why it can cost that much https://bitcointalksearch.org/topic/--5356571
Maybe you can also discuss today's gas there

you are too confident to have discussed on the tread even though you only posted photos and the one who discussed was not you, and you just asked.

It caused by something big happened with opensea or there might be an event and then people wanna try to raise their transaction fees to increase their priority in the block. Ethereum was always facing scalability problem again and again.
The blocksize must be increased to prevent the massive adoption. We must see what was happening with some NFT game and ethereum's traffic was spiking again.

Uniswap was getting a very big impact due to the people were using NFT. Remember that when KONG airdrop was happened and then it was also making the ethereum fees was increasing a lot.
This problem must be solved in the next EIP. I hope that the developers will not only focus on the utility but the blocksize was a very important thing.


otherwise due to network congestion this could make it unsuitable for Ether networks to provide worldwide access. could cause people to switch from the ether.
hero member
Activity: 2842
Merit: 772
August 29, 2021, 10:45:18 PM
#6
It's not only about Uniswap. In general, ETH network is congested, and the new fee algorithm (EIP-1559) is shit. ETH is practically useless with the average fee of $30 (source)
Just use other chains with similar dex, like BSC-Pancakeswap, Matic-Quickswap, etc.

Right, this is the most logical explanation, as ETH network gets congested, any other in-chain, cross-chain are going to be affected by it.

So there is this trickle effect that no body can control at this point and it will still be the bottle neck if ETH future releases or iterations are not going to look at the bigger issues such as the huge fees. Although there is an argument that the nodes themselves are to blame, still this is a part of it.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
August 29, 2021, 10:14:25 PM
#5
It caused by something big happened with opensea or there might be an event and then people wanna try to raise their transaction fees to increase their priority in the block. Ethereum was always facing scalability problem again and again.
The blocksize must be increased to prevent the massive adoption. We must see what was happening with some NFT game and ethereum's traffic was spiking again.

Uniswap was getting a very big impact due to the people were using NFT. Remember that when KONG airdrop was happened and then it was also making the ethereum fees was increasing a lot.
This problem must be solved in the next EIP. I hope that the developers will not only focus on the utility but the blocksize was a very important thing.
copper member
Activity: 2324
Merit: 2142
Slots Enthusiast & Expert
August 29, 2021, 10:03:05 PM
#4
It's not only about Uniswap. In general, ETH network is congested, and the new fee algorithm (EIP-1559) is shit. ETH is practically useless with the average fee of $30 (source)
Just use other chains with similar dex, like BSC-Pancakeswap, Matic-Quickswap, etc.
full member
Activity: 1210
Merit: 100
August 29, 2021, 06:47:04 PM
#3
I have posted about gas being so big on the 28th yesterday and please find out there why it can cost that much https://bitcointalksearch.org/topic/--5356571
Maybe you can also discuss today's gas there
full member
Activity: 714
Merit: 104
August 29, 2021, 02:04:58 PM
#2
recently uniswap reported about the fee on 27/8/2021 with a fantastic fee price, because many altcoins use uniswap swaps, What do you think?

You can't display photos yet, until the time comes, I think at that price it will be difficult for the gas / fee
member
Activity: 162
Merit: 84
August 29, 2021, 01:58:31 PM
#1
recently uniswap reported about the fee on 27/8/2021 with a fantastic fee price, because many altcoins use uniswap swaps, What do you think?
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