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Author Topic: Ethereum losing the one important attraction  (Read 2880 times)

Offline trauchot

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Re: Ethereum losing the one important attraction
« Reply #30 on: May 16, 2021, 09:17:18 PM »
For rich people, this is not a problem and therefore big players are ready to pay any money for cryptocurrency transactions that are carried out through the Ethereum blockchain, but for most people, of course, transactions worth of 50$-100$ and above are of course a huge problem and therefore most people cannot do cryptocurrency transactions on the Ethereum blockchain due to very expensive transactions and unfortunately Ethereum developers don't care about it.
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Re: Ethereum losing the one important attraction
« Reply #30 on: May 16, 2021, 09:17:18 PM »

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Offline Arkann

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Re: Ethereum losing the one important attraction
« Reply #31 on: May 16, 2021, 10:44:11 PM »
For rich people, this is not a problem and therefore big players are ready to pay any money for cryptocurrency transactions that are carried out through the Ethereum blockchain, but for most people, of course, transactions worth of 50$-100$ and above are of course a huge problem and therefore most people cannot do cryptocurrency transactions on the Ethereum blockchain due to very expensive transactions and unfortunately Ethereum developers don't care about it.
to date, the commission is not too big. And this must be admitted. many are already unhappy with uniswap's high fees. but when it comes to ETH, you have to pay for quality.

Offline Muneeb22

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Re: Ethereum losing the one important attraction
« Reply #32 on: May 17, 2021, 04:48:37 AM »
Because of the high gas fee the ETH losing his importance and this is true. This time in the market new projects are go to the BNB and also to TRON wallet becasue they apply the low fee.

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Re: Ethereum losing the one important attraction
« Reply #33 on: May 17, 2021, 07:51:55 AM »
I've seen an increase in gas fees on the ethereum network since the DeFi project started. I think it's good because some investors and traders have made a lot of profit with the rising Ethereum price reaching a new ATH at $4k price.
as ethereum platform user i will wait for the fork in july and migrate to the new project in the bsc, all the choice is up to everyone, they need to be a little patient because ethereum #DevelopmentTeam  have been thinking about this problem by doing Eth 2.0 which is still under development and fork in July.

Offline de_prof

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Re: Ethereum losing the one important attraction
« Reply #34 on: May 26, 2021, 07:59:08 AM »
We are all aware about the tremendous gas fee of Ethereum.

For example: The withdrawal of 24,000 pcs of tokens with equivalent of 25$ and the gas fee to be paid is 30$ is not right.

If the high gas fee of Ethereum won't be solve by the team, I think one day BNB will overtake Eth. Since there are huge users of ERC 20 that are still waiting for the solution and yet it takes so long. There is a tendency that more and more erc 20 users will migrate to BSC.

Gas fee matter.

Yes, you're right. Ethereum is losing the one important attraction because so high gas fee.
Several projects have migrated to other smart contract platform like binance smart chain, TRC20 and several in waves.
That's phenomenon when ERC20 gas fee is so high.
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Re: Ethereum losing the one important attraction
« Reply #35 on: May 26, 2021, 09:35:44 AM »
Currently the cryptocurrency market is very volatile. For example, the price of ethereum fluctuates a lot. The best time to invest in Ethereum is because the cryptocurrency market is slowly getting better again. Market conditions are expected to change much sooner. Prices of other products, including Bitcoin, are currently rising. So ethereum is becoming much more valuable.

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Re: Ethereum losing the one important attraction
« Reply #36 on: May 26, 2021, 12:26:04 PM »
Because of high fee the ETH is going to be lose its importance and its true and the new projects are go to the TRON wallet and also to the BNB wallet becasue of low fee.

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Re: Ethereum losing the one important attraction
« Reply #36 on: May 26, 2021, 12:26:04 PM »


Offline Tubelight

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Re: Ethereum losing the one important attraction
« Reply #37 on: May 27, 2021, 06:59:59 AM »
One of the reasons Etherium is losing its popularity in cryptocurrency is because their additional transactions are fee. This is one of the obstacles to their growth. Currently people are suffering from a lot of problems only with this Ethereum platform. So people are rushing from this platform to other platforms day by day.
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Offline Acifix

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Re: Ethereum losing the one important attraction
« Reply #38 on: May 27, 2021, 07:14:48 AM »
The main reason Ethereum is losing popularity is that Ether gas is more free.  That is why the popularity of etherium is declining or getting lost day by day.  The Ethereum platform is currently suffering from various problems.  Other coins are now on the rise.  On other platforms it is increasing day by day.
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