Pages:
Author

Topic: Why is ethereum so slow? - page 4. (Read 4786 times)

full member
Activity: 225
Merit: 100
Augmented Reality World Discovered
January 08, 2018, 06:41:12 PM
Ethereum transactions become so slowly as numerous ethereum ICOs are developing nowadays and use of Ethereum as smart contrats platform is in constant rise.
full member
Activity: 406
Merit: 100
▰▰▰ MODULE ▰▰
January 08, 2018, 05:23:54 PM
I am doing trades on ehterdelta where the default gas price is 4 Gwei. The network in the last few days is terribly slow I remember 1 week ago I was making trades on 1 Gwei and even 0.1 and the transactions were done within minutes, now with 4 Gwei I have to wait like 20 minutes and sometimes the transactions get canceled. My question is what is the reason for this? Is it temporary or it will be like this for the near future?

Mostly of us,can experience this slowing transaction in ethereum this few months,even you change your gwei into  4 and you still wait until 20 minutes and sometimes your transaction is cancelled.all this things happen because of the hacking system in etherdelta,because until now they still repair there  defense system wall agains hacking capability thats why if they find out that there someone who done transaction to there platform  they rapidly cancelled,thats why ethereum transaction now in etherdelta is still slow, so why you just try to transacting to another platform sites like cryptopia or hitbtc,or use some accelerator to make fast your ethereum transaction.
full member
Activity: 238
Merit: 100
January 08, 2018, 05:22:25 PM
Ethereum is the best network. It may happen sometime that Ethereum network respond a bit solw but not for long. This happens during the time of multiple ICO together via Ethereum network. This is also resolvable if we increase the fees amount that is to set the gas price a little higher than regular transaction during the ICO.
member
Activity: 93
Merit: 10
CLOUT media.decentralised
January 08, 2018, 04:54:23 PM
I think ethereum is an altcoin which is strong and stable. After its big stability, finally its price started to rise and it stopped around $1000. I really like the stable characteristic of it.
member
Activity: 242
Merit: 10
CRYPTASSIST.io
January 08, 2018, 03:53:06 PM
Developers as far as I know promised to fix all these shortcomings, but for now the solution is only one, if you want to quickly receive coins,pay more commissions
legendary
Activity: 2184
Merit: 1024
Vave.com - Crypto Casino
January 08, 2018, 03:47:40 PM
Oh, it's driving me crazy sometimes! I hate waiting for my coins to go from one wallet to another. The developers of ETH must do something to make the coin convenient to use again.
newbie
Activity: 11
Merit: 0
January 08, 2018, 02:30:32 AM
ETH is not slow. Eth have a good prospect for the future. Eth is number 2 in market now. In my opinion, ETH is better than BTC
sr. member
Activity: 602
Merit: 250
January 07, 2018, 05:43:55 PM
I am doing trades on ehterdelta where the default gas price is 4 Gwei. The network in the last few days is terribly slow I remember 1 week ago I was making trades on 1 Gwei and even 0.1 and the transactions were done within minutes, now with 4 Gwei I have to wait like 20 minutes and sometimes the transactions get canceled. My question is what is the reason for this? Is it temporary or it will be like this for the near future?
maybe because ethereum increase high price. it also happen to me
no problem ethereum will be received and no need 24 hours, just patient
newbie
Activity: 26
Merit: 0
January 07, 2018, 04:44:41 PM
Yeah, many pending transactions, need to be patient. Guess that`s a new challenge for Ethereum, let's see how they will handle it Smiley
full member
Activity: 210
Merit: 100
January 07, 2018, 04:40:44 PM
Uhm I think is just the gas who is bigger now or what you understand with SLOW ? can you elaborate a little ? it's about confirmations or anything like this ? Also look how big bitcoin fee is so I think right now ethereum is the best choice right now.
full member
Activity: 322
Merit: 100
First 100% Liquid Stablecoin Backed by Gold
January 07, 2018, 04:38:00 PM
What is slow to you people?
I just sent a small transaction of Ether and it took just a minute or two.
To me that is fast.
but I'm some late I'm also experiencing delays in terms of delivery like that whereas for reasonable gas price I have raised but still the same and I prefer to rest first to use it so if there is news getting better just start trading again
newbie
Activity: 28
Merit: 0
January 07, 2018, 04:31:00 PM
What is slow to you people?
I just sent a small transaction of Ether and it took just a minute or two.
To me that is fast.
full member
Activity: 518
Merit: 100
January 07, 2018, 04:02:16 PM
Hello all! You know if you watch some news from Buterin there is a good project - Plasma protocol which means that be available 100.000 transactions per second and with free costs transactions! I am sure that there is no stupid people. I am sure there is smart people with enough amount of money which help to resolve such problems with  cripto kitties soon!  Wink Wink Wink
full member
Activity: 319
Merit: 100
January 07, 2018, 03:56:42 PM
ETH network is very slow because the usage is very high. Lots of ICOs and tons of DAPPs Wink Exchanges have to adapt to changing TX price very fast...
member
Activity: 168
Merit: 11
January 07, 2018, 03:54:06 PM
Too many people that consider ethereum to be very slow. What will be there if crypto market will increase and spread in our everydaylife with tons of transactions daily? If nothing will be changed with ether, it may go down in rank
These rules should concern not only the ethereum, but also all crypto. For 2018 will be especially filled with new people. In this case, no one should feel uncomfortable. With this I agree with you!
full member
Activity: 392
Merit: 105
Vena.Network
January 07, 2018, 03:41:47 PM
Too many people that consider ethereum to be very slow. What will be there if crypto market will increase and spread in our everydaylife with tons of transactions daily? If nothing will be changed with ether, it may go down in rank
member
Activity: 112
Merit: 10
January 07, 2018, 03:22:10 PM
It's because of a new game like cryptokitties. Don't know the name and don't care.
I just want them to fix it and fast.
this shows ETH flaws and how badly it needs scaling solutions, i think ETH foundation already agreed on funding scaling resaerch, it it needs time for implement it
member
Activity: 252
Merit: 14
Revolutionizing Brokerage of Personal Data
January 07, 2018, 01:56:11 PM
I am doing trades on ehterdelta where the default gas price is 4 Gwei. The network in the last few days is terribly slow I remember 1 week ago I was making trades on 1 Gwei and even 0.1 and the transactions were done within minutes, now with 4 Gwei I have to wait like 20 minutes and sometimes the transactions get canceled. My question is what is the reason for this? Is it temporary or it will be like this for the near future?
We all hope that this is a temporary phenomenon. Now this is due to the unprecedented rise in all currencies. Trade on the stock exchange a huge number of people. The creators of Ethereum promised to solve the problem of performance.
member
Activity: 322
Merit: 19
January 07, 2018, 12:55:24 PM
It's because of a new game like cryptokitties. Don't know the name and don't care.
I just want them to fix it and fast.
full member
Activity: 294
Merit: 119
For Bounty Hunters, Don't Cheat or You DIE!!
January 07, 2018, 11:47:37 AM
I dont know, maybe many early years transaction. So busy
Pages:
Jump to: