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Author Topic: Ethereum gash fee high.  (Read 15774 times)

Offline jonathancool220

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Re: Ethereum gash fee high.
« Reply #210 on: February 22, 2022, 01:19:36 PM »
Ethereum may now be disappointed by the real evidence of GAS Transactions that are so expensive and it is really very sad for all of us if Ethereum can do that and our position as traders is very much affected.
Just a small example, when we want to withdraw Ethereum from the Binance Exchange then of course the withdrawal fee is very expensive and this is really very cruel for small traders like me but I also can't blame Binance because Binance also depends on GAS Ethereum transaction fees on the blockchain .

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Re: Ethereum gash fee high.
« Reply #210 on: February 22, 2022, 01:19:36 PM »

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Re: Ethereum gash fee high.
« Reply #211 on: February 22, 2022, 10:53:22 PM »
Due to the high gash fees of ethereum, many products have turned to BSC smart chain, hopefully this will improve with the successful implementation of 2.0.
People are disappointed with too expensive gas fees, so they are starting to move to BSC Smart Chain in Binance. We already experienced very expensive gas fees for more than 2 years. I think people are frustrated waiting for the solution made by Vitalik and the teams. There is no change at all until today, nothing improve this situation. Regarding ETH 2.0, I am not sure it is the solution to the expensive gas fees.
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Offline DAMKAR

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Re: Ethereum gash fee high.
« Reply #212 on: March 11, 2022, 09:38:45 AM »
Due to the high gash fees of ethereum, many products have turned to BSC smart chain, hopefully this will improve with the successful implementation of 2.0.
People are disappointed with too expensive gas fees, so they are starting to move to BSC Smart Chain in Binance. We already experienced very expensive gas fees for more than 2 years. I think people are frustrated waiting for the solution made by Vitalik and the teams. There is no change at all until today, nothing improve this situation. Regarding ETH 2.0, I am not sure it is the solution to the expensive gas fees.

Well, Ethereum 2.0 has launched but didn't have good thing for gas fee.
I agre with you, high gas fee is classic problem  it didn't being solved by vitalic and the team.
Many people disappointed because too high GMA's transaction.
Many projects has migrated to binance smart chain, It's better than ERC20.

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Re: Ethereum gash fee high.
« Reply #213 on: March 11, 2022, 10:07:36 AM »
Current gas fee are rising so much that it is beyond imagination.  Because if a token can be transferred then there is a huge gas fee cost.  Selling tokens costs a much higher gas fee than what can be found.

There was a time that I want to convert my bounty tokens to ETH. However, it cost me almost $100 in gas fees to convert and it cannot be avoided. If I am going to make the fee lower, the longer I wait or it will just simply fail that would kiss the money I’ve spent for gas fees “bye2x”.

But since I am receiving much more than that, I took the risk and eventually the conversion is a success.
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Offline Digital_Lord

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Re: Ethereum gash fee high.
« Reply #214 on: March 11, 2022, 07:45:35 PM »
Since ETH's gas fee is excessively high, most projects won't use this network to build their projects since ETH's charge is unaffordable, but a team is working on building Eth2, if this occurs, the gas fee will drop.
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Offline legend45

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Re: Ethereum gash fee high.
« Reply #215 on: March 11, 2022, 08:04:05 PM »
Since ETH's gas fee is excessively high, most projects won't use this network to build their projects since ETH's charge is unaffordable, but a team is working on building Eth2, if this occurs, the gas fee will drop.

Hopefully it will happen soon, If Ethereum team working on  building Ethereum 2.0 will make gas fee drop.
But I see until now there isnit good effect from Ethereum 2.0 after launched.
Maybe we should wait until completely.
Because many projects have migrated to binance smart chain.
It depends on vitalic and the team.

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Re: Ethereum gash fee high.
« Reply #216 on: March 13, 2022, 05:49:25 PM »
At one point everyone complained about the extra free cutting of ether gas. But now that problem is no more, now the limit is cut free. When Ether came to Platform Two was cut a little gas free. It has been great for us to come to this technology.

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Re: Ethereum gash fee high.
« Reply #216 on: March 13, 2022, 05:49:25 PM »


Offline mahadev

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Re: Ethereum gash fee high.
« Reply #217 on: March 15, 2022, 08:06:36 PM »
Since ETH's gas fee is excessively high, most projects won't use this network to build their projects since ETH's charge is unaffordable, but a team is working on building Eth2, if this occurs, the gas fee will drop.

Hopefully be eth2 as you said will solve gas fee problem.
I personally also suffered because expensive transaction fee.
I have asked several friends they said, if the Ethereum dev don't solve gas fee problem, many investors will leave Ethereum platform and migrate to alternate smart contract platform such as BSC, Solana, Cardano, polkadot  and Polygon matic.
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Offline masudginanjar

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Re: Ethereum gash fee high.
« Reply #218 on: March 27, 2022, 06:18:37 AM »
It proved very sad indeed for Ethereum because it has very expensive GAS transaction fees and this is really very sad even though we all know that Ethereum is an altcoins that gets full support from various communities and it has been proven true with so many Ethereum holders in various markets.
I am also sure that the Ethereum GAS fee will provide something very valuable than others and this will provide positive value to all communities because basically the valodator will benefit from the GAS fee for sending Ethereum and ERC20 tokens.
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Offline Doovla

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Re: Ethereum gash fee high.
« Reply #219 on: April 29, 2022, 02:14:38 PM »
Yes, it goes up faster than ever before. I quess it is because of price specifically of Ethereum itself. What is next we do not know. Only to read articles , blogs or videos about that, nothing else. I advice not to do fees in the next month and do not panic.

Offline yohananaomi

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Re: Ethereum gash fee high.
« Reply #220 on: April 30, 2022, 04:21:02 AM »
Yes, it goes up faster than ever before. I quess it is because of price specifically of Ethereum itself. What is next we do not know. Only to read articles , blogs or videos about that, nothing else. I advice not to do fees in the next month and do not panic.

I don't think there is any panic anymore because the occurrence of high ethereum transaction fees has been going on for a long time, so I'm used to it, especially since there are many networks that pay cheaply and are already available and known. so that many have made changes to make transactions at low cost.
now it's just a matter of waiting, whether it will be launched soon or will it be postponed again!!! we can only see information from them through articles and flyers through social media and so on.


as long as it is not available and provided, then there will be no significant changes that are currently running, because all will also try to avoid expensive costs and this is something that is absolutely necessary and must be done.
especially for bounty participants, they definitely don't want to pay more than they get, it seems certainly impossible.

 

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