Topic: Why is Ethereum Network Transactions failing so many times??? (Read 122 times)
Those problems are implemented into Ethereum. Its network is overloaded nearly all the time (to be more specific it was rather quiet during the big price fall in April). EOS has nothing to do with it at all. It is pow's problems and for now we can choose - either quick and cheap and centralized (EOS, Ripple) either costly but decentralized (well at least as decentralized as it can be) Ethereum and BTC.
It's all dude to network load. Increase your gas prices and wei. That's the same thing as paying a fee on the Bitcoin network. The more people that use it, the more the fees will be. If you're having issues with transactions failing, it's more than likely you set your fees way too low.
The day before yesterday I wanted to send some tokens to hitbtc.
I used 3 Gwei (Gas Price) and 200,000 as Gas limit. It took more than 30 mins to show up with the tx and it was saying that the transaction needs around 15hrs to confirm.
When I logged in after 15hrs, the transaction was canceled... then I checked gas station for the recommended price and it was 9 Gwei.
For my stupidity, I lost over $300 profit from one of my investment. I was waiting over 4 months for the price to go up for that particular token. I got busted!
What? what are you talking about? Relationed with EOS?
Man, you do not even know what you are talking about.
And no, the network is not failing, neither for EOS fault..
Just stop spreading this fake information in here.
Man, you do not even know what you are talking about.
And no, the network is not failing, neither for EOS fault..
Just stop spreading this fake information in here.
The traffic on Ethereum network varies so need to check the recommended gas prices on https://ethgasstation.info/ before sending any transaction. Some wallets do it for you automatically but need to set it correctly in myetherwallet yourself.
Hey why is Ethereum network transactions failing so many times?
Has this anything to do with EOS?
Does Ethereum think it will fail?
That is why they become careless?
The massive demand of ico was creating more transaction to the mempool, everyone interested to get their transaction to be delivered as soon as possible through increase the txfees.
It will not fail because the solutions are on the way.
Ethereum ecosystem works very well. Only Gas and Gwei could have done very little.
a lot of token created on ethereum blockchain
so, the transactions from all the token that made in ethereum network will affected the network my friend
but, all the issue about ethereum always fixed by the dev team
so, the transactions from all the token that made in ethereum network will affected the network my friend
but, all the issue about ethereum always fixed by the dev team
Hey why is Ethereum network transactions failing so many times?
Has this anything to do with EOS?
Does Ethereum think it will fail?
That is why they become careless?
waiting for the right time when the network is not too full by the transaction and I see that also many transactions fail I think you need to go also to ethgasstation as recommended by friends here, using gwei really recommended to get your transaction in confirmation
It's all dude to network load. Increase your gas prices and wei. That's the same thing as paying a fee on the Bitcoin network. The more people that use it, the more the fees will be. If you're having issues with transactions failing, it's more than likely you set your fees way too low.
mostly transaction failure has reason of low gas price or gas limit . for gas limit you should choose 250k gas limit always .
for gas price at time of transfer you can check this website - https://ethgasstation.info/ , it will give a hint about appropriate gas price on ether network , sometimes due to congestion it is higher than normal days .
other reasons can be locked tokens also .
for gas price at time of transfer you can check this website - https://ethgasstation.info/ , it will give a hint about appropriate gas price on ether network , sometimes due to congestion it is higher than normal days .
other reasons can be locked tokens also .
Hey why is Ethereum network transactions failing so many times?
Has this anything to do with EOS?
Does Ethereum think it will fail?
That is why they become careless?
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