Why Ethereum so slow | Bitcointalksearch.org

Decorsair23

newbie

Activity: 20

Merit: 0

Quote from: Tony116 on January 13, 2018, 03:37:07 PM

Ethereum network is much faster today than a few days ago. The transaction price has decreased from 90 to 20 gwei. But the volume of trading did not decrease and it surprises me. Now everyone is watching ETH because it grows without a rest.

Yeah and its a good thing as more investors will come this year. I goes ETH will still grow. As with its network I heard they are going for a hardfork to give solutions to the slow network.

icanscript

hero member

Activity: 686

Merit: 502

I do not know why the network is so slow.
HardFork solves this problem with scalability. What will entail a significant hanging of the price.

Tony116

legendary

Activity: 2072

Merit: 1023

casinosblockchain.io

Ethereum network is much faster today than a few days ago. The transaction price has decreased from 90 to 20 gwei. But the volume of trading did not decrease and it surprises me. Now everyone is watching ETH because it grows without a rest.

kumara

newbie

Activity: 70

Merit: 0

Quote from: novy on January 12, 2018, 08:21:51 AM

Hello community,
Some days ago I observed that eth network feels badly ))). The TX cost rised to the moon. So, to get faster tx I should put 60-80 gwei for it. Maybe somebody can explain what the f* is going on there? Kitties, fishies or maybe china miners are closed their factories. Any ideas?

Like others on here have mentioned, Etherium is becoming too popular for the tech to keep up. They have some serious scaling issues to deal with. If it were not for its use as an ICO token ETH would not have even been adopted.

Rajip

newbie

Activity: 9

Merit: 0

There was a huge spike in the fees in the last 10 days, but also a huge drop in the last couple of days. I think the fees will get back to normal soon, but not the the level they were before as the network becomes more and more busy. I think that the upcoming upgrade with the POS will solve those problems though.

surfinonmyownwavebaby

full member

Activity: 252

Merit: 104

Decentralized Ecosystem for User-Generated Content

While they do have issues they are currently working on upgrading the network to make it more secure and faster in the future. Casper is being implemented and once it gets rolled out I believe the network will be much more secure than currently. Also POS won't hurt and I think will make ETH remain number two on the coinmarket list.

BitcoinJuman

member

Activity: 112

Merit: 10

Hoqu.io – Decentralized Affiliate platform

Is this all about the kitties ? then I think the coin is week and can't handle real life uses.

Better to develop it more.

rgarciavega

newbie

Activity: 14

Merit: 0

The more marketcap a currency has, the slower (rather more stable) its movements in price.

novaprime

sr. member

Activity: 812

Merit: 251

UniDApp - it's DeFi time!

I think the demand for ETH is increasing and this makes all ETH transactions slower. For me this will soon be fixed because the ETH platform is very suitable for paying for future and I am sure ETH can replace Bitcoin.

Psynthax

hero member

Activity: 2366

Merit: 504

Quote from: Mevz on January 13, 2018, 10:48:38 AM

Yeah as always, because of the numbers of transactions every hour on the ethereum blockchain. Just expect it would be more worst to us to make transactions on this following years so many platforms always using ethereum. Even on the exchanges the transactions are all affected its a very big problem on all of us. Gas fee's are eating all our profits when we start to do trades everytime.

Every time the more platform are interested in using ethereum blockchain as the main blockchain. But don't worry it's just the matter of time until sharding blockchain will be implemented and that's all.

Plasma and another improvement in the future will be supporting ethereum to be the blockchain with the best scalability ever.

realcrypto

member

Activity: 476

Merit: 12

The transfer is faster when you have enough gas in your wallet. Most people that complain of slow transaction do not have enough gas.

Mevz

full member

Activity: 238

Merit: 106

Yeah as always, because of the numbers of transactions every hour on the ethereum blockchain. Just expect it would be more worst to us to make transactions on this following years so many platforms always using ethereum. Even on the exchanges the transactions are all affected its a very big problem on all of us. Gas fee's are eating all our profits when we start to do trades everytime.

Gekkoo

sr. member

Activity: 604

Merit: 252

Ethereum is a great coin, but this is one of the errors if the team at Ethereum solves this problem of slowness, we can find its price in the heights, otherwise it will stagnate already passed time to solve this problem of dependence on miners and network. Another interesting fact even with these problems prices continue to rise incredible.

foggywhite007

member

Activity: 112

Merit: 11

Don't know if to take the period of a year. THE ETHEREUM have grown from $ 8 up to 1400 great profit I tell you. Now in connection with the transition to POS, CASPEr and other there are certain risks of the project. Therefore, this frenzied growth yet. But once it will run and the network will work a couple of days and we have 3 thousand

tienigarazz

full member

Activity: 253

Merit: 100

Ethereum value is slowly increasing, many transactions are being process, this few things affects the function of ethereum.
But i know they will fix it, like what usually happen if the value of a coin increase the fees are also increasing.
It is still a good signs, it only means that ethereum popularity is now increasing and it will become more profitable.

3DBrushes

sr. member

Activity: 617

Merit: 253

CryptoTalk.Org - Get Paid for every Post!

Nowadays ethereum network is handling 1 million transactions per day and it is growing day by day. But three maximum TPS is around 15 so whatever it might be ETH can't have more transactions than that limit. Ofchain scaling will work.
To reduce the massive delay in transactions set the Gwei above 35 you'll get confirmed within minutes.

Inkdatar

hero member

Activity: 1582

Merit: 523

Quote from: minus_one_crypto on January 12, 2018, 04:20:10 PM

It seems to me that the Ether has become so slow due to the fact that many people decided to buy this coin. The network is very congested and therefore it is very difficult to send the coins.

Everytime Ive tried to trade this ethereum contracts its hard to trade always the slow on process. Also the price of ethereum is increasing that fees are also expensive. So hope there is a solution on this.

Decorsair23

newbie

Activity: 20

Merit: 0

Quote from: Coins_Hiro on January 12, 2018, 09:56:24 AM

Quote from: Decorsair23 on January 12, 2018, 09:36:25 AM

I heard ETH was going for a fork to solve its scalability. I fear ETH will be like bitcoin right now. High fees and slow poke dude.

Seems like it if it keeps up that way. In terms of ETH's price I think it is fine now because months ago it was stucked at $200-$300 rate but then it spiked up without stopping and now valued at $1200. As long as it doesn't go below $1k again I am fine.

I think it will never go down to 1K again as with the Korean FUD. ETH remains strong and maintained its market price and position. And now been going up again.

BCSHonda

member

Activity: 392

Merit: 10

Quote from: Woolles890 on January 12, 2018, 11:47:23 AM

ethereum movement is indeed slow, but surely the goal is to compete and surpass it with coins that have a price on it. investing in the ethereum on this year is the right choice if you do so.

I like Ethereum's slow but very definite steps. If you have follow-up, you know that Ethereum is just under $ 1 at the beginning of 2017 but now it's worth more than $ 1200, it's certainly not normal to constantly achieve great value. so great If Vitalik still runs Ethereum, it will be the second bitcoin of the cryptocurrency market.

Akash1243

sr. member

Activity: 392

Merit: 257

Well it is most probably because of the increase in the number of transactions and this cause high load on the Ethereum network causing it to be slow.Many people are maing transactions in eth as it transactions are speed and cheap compared to expensive fees of bitcoins with slow speed recently.

rjp55

sr. member

Activity: 798

Merit: 250

CurioInvest [IEO Live]

I am suffering that speed loss too. I couldn't complete a transfer due to 60 gwei or more transaction fees. Also i sold a coin that i planned to invest no more, selling price is total 0.10 eth, but after gas fee i got only 0.080 eths. this is insane. After cryptokitties this is the second time eth system lags. hopefully it will recover.

minus_one_crypto

member

Activity: 462

Merit: 10

It seems to me that the Ether has become so slow due to the fact that many people decided to buy this coin. The network is very congested and therefore it is very difficult to send the coins.

phantomberg

member

Activity: 392

Merit: 10

I am very upset that this coin has lost its speed. It used to be one of the fastest coins. But now my transactions go for several days, and the commission is very large.

novy

full member

Activity: 728

Merit: 110

I do like Ethereum indeed! I hope this slow speed and big fees will be fixed soon. Because I am trading on EtherDelta alot and tx fees are big and most of times tx's are fail. I am wasting my time and nobody will give me my money back for failed transactions...

AnonBitCoiner

sr. member

Activity: 1428

Merit: 326

Eloncoin.org - Mars, here we come!

Quote from: Hammonds on January 12, 2018, 12:51:18 PM

Quote from: novy on January 12, 2018, 08:21:51 AM

Hello community,
Some days ago I observed that eth network feels badly ))). The TX cost rised to the moon. So, to get faster tx I should put 60-80 gwei for it. Maybe somebody can explain what the f* is going on there? Kitties, fishies or maybe china miners are closed their factories. Any ideas?

it's a problem that people have been talking about these days, but it seems that everything is back to normal because a few hours ago I made a transfer from my wallet to an exchange account only takes a few minutes and not for hours.

The transcation time of Ethereum is low only,Etherereum has huge supporters and investors as like a bitcoin.Ethereum is the best one for the future.As like a bitcoin,now the price of Ethereum is 1000$+ at the year start.So we can expect this price will reach 19,000$ at this year end.

Hammonds

sr. member

Activity: 532

Merit: 250

Quote from: novy on January 12, 2018, 08:21:51 AM

Hello community,
Some days ago I observed that eth network feels badly ))). The TX cost rised to the moon. So, to get faster tx I should put 60-80 gwei for it. Maybe somebody can explain what the f* is going on there? Kitties, fishies or maybe china miners are closed their factories. Any ideas?

it's a problem that people have been talking about these days, but it seems that everything is back to normal because a few hours ago I made a transfer from my wallet to an exchange account only takes a few minutes and not for hours.

newinbtc

legendary

Activity: 1190

Merit: 1001

its very difficult for us to transfer the funds from one ether wallet to another wallet.Speccaily for etherdelta users where we need to Sign, and pay for each process we do. the cryptokittis just hanged the full network first and now the price hiked of minim gas price to 40 Gwe where gas limit is 250000. Each transfer cost me estimate 10$ when i set 40 Gwe sometimes 5$ is enough. this fees is still safe as compare to bitcoin price.

I am sure ether will solve this issue in future and delete the transfer done by crypto kitties and the fees will be back to normal

Ch1bi

full member

Activity: 289

Merit: 100

Last I check the network became clogged due to the whole cryptokitties rush. Not so sure why it's still slow, but these issues should hopefully subside soon.

Endikadija

hero member

Activity: 1458

Merit: 509

Quote from: Slavyanskiy on January 12, 2018, 11:16:57 AM

Quote from: novy on January 12, 2018, 08:21:51 AM

Hello community,
Some days ago I observed that eth network feels badly ))). The TX cost rised to the moon. So, to get faster tx I should put 60-80 gwei for it. Maybe somebody can explain what the f* is going on there? Kitties, fishies or maybe china miners are closed their factories. Any ideas?

Hey. I hope this temporary phenomenon.
and in the future everything will be fine: commission low, the transaction speed is fast, no kittens will not be.
especially, developers always work to improve qualities of Ethereum.
Ethereum is excellent cryptocurrency.

This is will be fixed as fast as possible, Please you must read this article https://bitcoinmagazine.com/articles/ethereum-killer-ethereum-20-vitalik-buterins-roadmap/
How ethereum will be implementing sharding blockchain to compete with visa. As far as i know, there will be more privacy improvement and plasma update. It's still in the development and you shouldn't feel worry about that.

Woolles890

member

Activity: 448

Merit: 10

A Blockchain Mobile Operator With Token Rewards

ethereum movement is indeed slow, but surely the goal is to compete and surpass it with coins that have a price on it. investing in the ethereum on this year is the right choice if you do so.

Om.monata

full member

Activity: 936

Merit: 100

Quote from: Slavyanskiy on January 12, 2018, 11:16:57 AM

Quote from: novy on January 12, 2018, 08:21:51 AM

Hello community,
Some days ago I observed that eth network feels badly ))). The TX cost rised to the moon. So, to get faster tx I should put 60-80 gwei for it. Maybe somebody can explain what the f* is going on there? Kitties, fishies or maybe china miners are closed their factories. Any ideas?

Hey. I hope this temporary phenomenon.
and in the future everything will be fine: commission low, the transaction speed is fast, no kittens will not be.
especially, developers always work to improve qualities of Ethereum.
Ethereum is excellent cryptocurrency.

I think that's normal, because some time ago there was an effect that made the movement of transfers in eth very slow and requires a huge gas price. but for now it should be back to normal.

Slavyanskiy

member

Activity: 462

Merit: 17

Quote from: novy on January 12, 2018, 08:21:51 AM

Hello community,
Some days ago I observed that eth network feels badly ))). The TX cost rised to the moon. So, to get faster tx I should put 60-80 gwei for it. Maybe somebody can explain what the f* is going on there? Kitties, fishies or maybe china miners are closed their factories. Any ideas?

Hey. I hope this temporary phenomenon.
and in the future everything will be fine: commission low, the transaction speed is fast, no kittens will not be.
especially, developers always work to improve qualities of Ethereum.
Ethereum is excellent cryptocurrency.

novy

full member

Activity: 728

Merit: 110

I fill bad especially when I trade on EtherDelta, sometimes I have to press several times to the buy/sell button to get it to the trade table. Something I just burn $ with no effect. That really bad... There some projects who wants to fix that sittuation - Raiden, GoNetwork. They are still in dev stage. So we have to wait and cry for some time...

D-Fault

member

Activity: 154

Merit: 10

Quote from: novy on January 12, 2018, 08:21:51 AM

Hello community,
Some days ago I observed that eth network feels badly ))). The TX cost rised to the moon. So, to get faster tx I should put 60-80 gwei for it. Maybe somebody can explain what the f* is going on there? Kitties, fishies or maybe china miners are closed their factories. Any ideas?

I have heard that you can rise up your comission manually so it would make the transaction much quicker. But you have to google for that and think also do you want to get extra costs for that speedup.

Wong Kalong

member

Activity: 377

Merit: 10

because good coins that take the process and travel slowly in order to become high value coins with a selling price of that promise. most importantly, if you deviate this ethereum coins then it should be patient and not panic.

batturkey

full member

Activity: 336

Merit: 100

The World’s First Blockchain Core

The most busy system on crypto world is ethereum blockchain. Sometimes its getting overloaded but would be fine soon. At least I hope so

bakekang

full member

Activity: 253

Merit: 100

Ethereum has a lot of problems that needs to be resolve immediately, even etherscan is having issues on thier connection status that why etherscan is down for almoat 24 hours.

jaocoincrypto18

full member

Activity: 630

Merit: 103

Quote from: novy on January 12, 2018, 08:21:51 AM

Hello community,
Some days ago I observed that eth network feels badly ))). The TX cost rised to the moon. So, to get faster tx I should put 60-80 gwei for it. Maybe somebody can explain what the f* is going on there? Kitties, fishies or maybe china miners are closed their factories. Any ideas?

I just transferred from MEW to Hitbtc but the transaction is just 10 minutes using the default gas and gwei. Maybe if you reduce the speed meter transactions from normal to slow to save a little bit Ethereum it will really affect the performance. In my own opinion, miners will prioritize those high paying transactions in order to earn big and mostly will ignore those little fees in which they will just back on them later on after attending the higher payers resulting to long time of waiting. Kitties was already solved and China miners are all active so therefore it will all depend upon the gas and gwei we offer to make our transaction faster.

Coins_Hiro

newbie

Activity: 85

Merit: 0

Quote from: Decorsair23 on January 12, 2018, 09:36:25 AM

I heard ETH was going for a fork to solve its scalability. I fear ETH will be like bitcoin right now. High fees and slow poke dude.

Seems like it if it keeps up that way. In terms of ETH's price I think it is fine now because months ago it was stucked at $200-$300 rate but then it spiked up without stopping and now valued at $1200. As long as it doesn't go below $1k again I am fine.

Heoebro

newbie

Activity: 1

Merit: 0

Too much load on ethereum blockchain makes the transactions slow.

Monkey1

hero member

Activity: 868

Merit: 500

It's a big problem that needs to be resolved urgently. I support Ethereum very much, but even a cat game knows how hard it has been for servers.

jcojci

full member

Activity: 784

Merit: 115

unfortunately, I don't know about this because I don't make any transactoin and I still hold my ethereum in the exchanges and some in my wallet. maybe it's because there are too many transactions that need to be confirmed and this makes the network getting slow. I hope that later the network will be back normal so for confirming the transaction doesn't need too long and make sure that we have enough gas to send the transaction.

helloinox

member

Activity: 181

Merit: 10

Quote from: novy on January 12, 2018, 08:21:51 AM

Hello community,
Some days ago I observed that eth network feels badly ))). The TX cost rised to the moon. So, to get faster tx I should put 60-80 gwei for it. Maybe somebody can explain what the f* is going on there? Kitties, fishies or maybe china miners are closed their factories. Any ideas?

ETH have to fix the problem with scaling just like BTC.

Decorsair23

newbie

Activity: 20

Merit: 0

I heard ETH was going for a fork to solve its scalability. I fear ETH will be like bitcoin right now. High fees and slow poke dude.

okinawa

sr. member

Activity: 574

Merit: 259

Deal Coin - P2P Lending Eco-system

maybe because ethereum is getting more and more popular and its becoming like bitcoin where the transaction is slow and expensive. but there are lots of solution like Raiden Network or gonetwork for ethereum in the near future

Maveth13

full member

Activity: 336

Merit: 112

There's a lot of demand in both altcoins and ethereum itself because of the many recent pumps left and right. Ethereum network has been easily congested lately ever since the cryptokitties got viral. Still not worse than bitcoin though, .002 eth fee completes my transactions in few minutes.

Mister1k

hero member

Activity: 896

Merit: 520

Quote from: novy on January 12, 2018, 08:21:51 AM

Hello community,
Some days ago I observed that eth network feels badly ))). The TX cost rised to the moon. So, to get faster tx I should put 60-80 gwei for it. Maybe somebody can explain what the f* is going on there? Kitties, fishies or maybe china miners are closed their factories. Any ideas?

That is because of the mining difficulty and the ethereum recent bump over 1100 USD value. I have heard that there a hard fork gonna happen on tomorrow or after that day. So the gas price for the ethereum transaction has been increased I think.
However, if you invested on ethereum you will be able to make the more money due to the price bump we found this time. I have noticed the bitcoin and ethereum shows network delay in my blockchain and coinbase wallets. So wait for some days.

Red-Apple

hero member

Activity: 1470

Merit: 655

because ethereum is not capable of handling large number of transactions. it fails under load and due to the recent pump there has been more activity and more transactions which means a bigger load on the network which fails to operate under this load.
if you run a node you will feel this pressure even more. which is why it is moving towards even more centralization.

mundang

hero member

Activity: 1008

Merit: 500

No problem in sending tokens to another wallets, but what is bad on ethereum right now is the fees, i dont have have problem in sending cause it will only took a minute,but the fees so high.

giveen

hero member

Activity: 826

Merit: 1004

It is mostly because of cryptokitties the hype is reduced down and the network seems to be back to normal. But still you will have to higher fees there is no solution for it currently.
Regarding miners eth has a good support but due to recent changes in price and demand it isn't sufficient like how it was in past. I sent few transactions with 10 gwei fees it took 40 min to confirm so you don't have to worry about the transaction not going through it will work but will take more time than usual.

qazgroup

member

Activity: 1022

Merit: 20

RiveMont

I transferred some eth today and they went fine, took just few minutes and the fee was also reasonable, i think with the coming upgrade eth will solve all its issues.

novy

full member

Activity: 728

Merit: 110

Hello community,
Some days ago I observed that eth network feels badly ))). The TX cost rised to the moon. So, to get faster tx I should put 60-80 gwei for it. Maybe somebody can explain what the f* is going on there? Kitties, fishies or maybe china miners are closed their factories. Any ideas?

Topic: Why Ethereum so slow (Read 395 times)