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Author Topic: Solution for ETH high fees  (Read 19887 times)

Offline Fadhilz123

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Re: Solution for ETH high fees
« Reply #60 on: January 29, 2021, 11:21:28 PM »
Yes, gas fees are making investors go away and move to other blogchain. But I believe in the coming period ETH2.0 will fix it and bring it back to normal
I think this is right but not all.  Because Ethereum has its real investor. The investor will keep investing in ETH no matter what happens. Investors who go away only that have small funds, but behind the Ethereum there are solid investor support it

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Re: Solution for ETH high fees
« Reply #60 on: January 29, 2021, 11:21:28 PM »

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Offline dodok

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Re: Solution for ETH high fees
« Reply #61 on: January 30, 2021, 02:06:10 AM »
If in my opinion, I will continue to use etherum because the transactions are flexible, the solution is to just monitor the gas price because the gas price fluctuates every hour when the gas price drops, do the transaction
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Offline Aristos

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Re: Solution for ETH high fees
« Reply #62 on: January 30, 2021, 03:08:24 AM »
I think more and more projects are moving into ethereum because it is easy and flexible. My problem is the huge gas transaction that eats away peoples funds without them knowing how much they have loose in the name of paying for gas fees. the ethereum  owner show hasten to open ethereum verson 2.0 which we all know will solve these issues. Maybe the right option is developers to consider migrating to other blockchains with less payment issues. Like tron and ELROND.
I think migration is the best solution to avoid big losses of amount just for the successful transaction. The only problem to us bounty hunters is we don't have voice for the project developers for choosing which blockchain they should use for best.
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Re: Solution for ETH high fees
« Reply #63 on: January 30, 2021, 03:24:26 AM »
If in my opinion, I will continue to use etherum because the transactions are flexible, the solution is to just monitor the gas price because the gas price fluctuates every hour when the gas price drops, do the transaction

Actually,  we have had so many Ethereum layer 2 projects. This solutions reduce a lot of fee for transactions.
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Re: Solution for ETH high fees
« Reply #64 on: January 30, 2021, 03:35:45 AM »
There are better options fo3 developers like Polkadot which is a great alternative for developers who are developing on ETH. People have to pay a fee as as much as 100$ for a transaction which is ridiculous. But it is not easy for ETH developers to overcome this. They are trying their best.
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Re: Solution for ETH high fees
« Reply #65 on: January 30, 2021, 09:46:55 AM »
Ethereum gas is currently much more fee.  Due to which everyone is facing loss. Everyone is suffering with Ethereum Gas Fee.  Everyone has to exchange a token with a lot of fee gas.  And there are a lot of etherium gas fees to pay for exchanging dollars.  If it is not corrected then everyone will suffer a lot.

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Re: Solution for ETH high fees
« Reply #66 on: January 30, 2021, 09:58:35 AM »
If Ethereum lowers its gas fee it will become a correction.  It will never be corrected if it is reduced.  Currently everyone is suffering the most due to the excess of etherium gas fee.  Cryptocurrency is used for most purposes.  Ethereum is now loved and trusted by everyone.
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Re: Solution for ETH high fees
« Reply #66 on: January 30, 2021, 09:58:35 AM »


Online bitbit97

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Re: Solution for ETH high fees
« Reply #67 on: January 30, 2021, 12:21:33 PM »
Can someone suggest any other valuable advice then just wait till the fee will be low again? Because this is not a solution.
As long as traders get profit, they dont really care about fees imo. Devs, switching to other then Ethereum blockchain could be a solution, but are they ready to do it, or do they want to do it?
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Re: Solution for ETH high fees
« Reply #68 on: January 30, 2021, 01:11:59 PM »
Yes, gas fees are making investors go away and move to other blogchain. But I believe in the coming period ETH2.0 will fix it and bring it back to normal

High gas fee stuck up the transactions of bounty payments. Some hunters are impatient to receive their tokens they cannot even wait for one month to wait the low gas fee. The solution to high gas fee is navigate to another blockchain that has lower transaction fee. That is the only solution that I think.
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Offline Malam90

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Re: Solution for ETH high fees
« Reply #69 on: January 30, 2021, 03:07:12 PM »
I believe in Ethereum long-term, but until 2.0 is launched I'd stick to Tron if I need to use a dapp or otherwise.

Now i try to avoid Ethereum network other than bound to bounty payment. Now tron, xlm, usdt are the best choice for transaction, withdraw from exchanges etc.

Offline The Legend

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Re: Solution for ETH high fees
« Reply #70 on: January 30, 2021, 04:15:57 PM »
Now fees is high, sometimes it's too high than original amounts. Lower gas fees is now a dream. There is only a solution for this problem is to wait as long as the development progress of 3 phases of ethereum aren't completed. One year is a long time to wait but not other option in hand.

Offline Tunir Baap

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Re: Solution for ETH high fees
« Reply #71 on: January 30, 2021, 04:57:57 PM »
Etherium Wallet is currently one of the most popular wallets in this cryptocurrency. Most bounty managers currently use Ethereum Wallet as a wallet in their bounty campaigns.Most of Ethereum's sites are positive. But a bad side of it is its extra gas free.It is often seen that even if some projects are paid, its gas fee does not rise.
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Offline wxxyrqa

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Re: Solution for ETH high fees
« Reply #72 on: January 30, 2021, 06:53:34 PM »
Generally, in any case, common sense dictates that as the price of Ethereum rises, the price of transactions will increase. Of course, in 2017 and early 2018 the situation was a little different, but at that time the load on the network was not so great compared to the current period. I think that fees can remain at the level of Bitcoin fees.

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Re: Solution for ETH high fees
« Reply #73 on: January 30, 2021, 07:18:07 PM »
Ethereum blockchain is very popular with project developers and it should be available. Many people have tokens in their wallets, received for bounties, which are impossible to sell now because of the high cost of gas. I'm waiting for Etherium-2 to solve this problem.
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Re: Solution for ETH high fees
« Reply #74 on: January 30, 2021, 08:48:25 PM »
^ ethereum's gas fee really disturbs the convenience of transferring between tokens. Just imagine, I need a $6 fee to transfer tokens from a personal wallet to an exchange wallet, hopefully, eth 2.0 makes a big change to the transaction fee.
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