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Author Topic: Do you think the extra gas fee is the only obstacle to improving ether?  (Read 10687 times)

Offline densus88

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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #105 on: January 18, 2022, 08:10:38 AM »
when you see the very high cost of ethereum gas when you want to make a transaction then you should not use it because it will make you lose, it is better for you to use other coins that have low transaction fees.

It's big problem, if Ethereum gas fee is so high and dev team didn't have solution for gas fee .
I agree I think extra gas fee is only obstacle to improve etheruem.
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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #105 on: January 18, 2022, 08:10:38 AM »

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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #106 on: January 18, 2022, 11:03:18 AM »
Extra gas fee is always lost their future projects and this time so many new projects which is going to the BNB and also to TRX wallet becasue of the low fee and this time so many peoples will like this type of projects and wallets.

It is normal for people to run out of patience after such a long time. What Ethereum developers cannot expect is that users will continue to pay those sky high transaction fees that in most cases exceed the number of tokens being sent. They have had a lot of time to implement the necessary solutions, but have preferred to continue with the development of ETH 2.0, which is why many users and project teams prefer to use other chains. Patience always has a limit.
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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #107 on: February 01, 2022, 04:18:18 PM »
Extra gas fee is always lost their future projects and this time so many new projects which is going to the BNB and also to TRX wallet becasue of the low fee and this time so many peoples will like this type of projects and wallets.

It is normal for people to run out of patience after such a long time. What Ethereum developers cannot expect is that users will continue to pay those sky high transaction fees that in most cases exceed the number of tokens being sent. They have had a lot of time to implement the necessary solutions, but have preferred to continue with the development of ETH 2.0, which is why many users and project teams prefer to use other chains. Patience always has a limit.

I think If Ethereum dev didn't solve this problem, Ethereum will be replaced by other smart contract platform such as BSC.
Ethereum 2.0 has launched , but didn't have good effect for this problem.

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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #108 on: February 07, 2022, 12:30:26 PM »
I think If Ethereum dev didn't solve this problem, Ethereum will be replaced by other smart contract platform such as BSC.
Ethereum 2.0 has launched , but didn't have good effect for this problem.

ETH 2.0 has been released, but it is only a partial version, updates are still needed to make it 100% work. However, my opinion is that the #DevelopmentTeam  has not solved the problem of high transaction fees simply because they don't want to. For some unknown reason, they prefer to leave Ethereum with this problem and favor the development of ETH 2.0, it is possible that this is the main reason, but we have no news to confirm it either.
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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #109 on: February 20, 2022, 08:22:47 PM »
It could be like that because the cost of GAS is also a consideration for us to be able to exploit the features of Ethereum itself and this makes our path hampered by the high cost of GAS.
I'm also sure in the future maybe the GAS Ethereum fee should be around 0.5 USD and for the erc20 token fee it will be around 1 USD and this is already quite expensive for all of us because Bank transaction fees are also cheap now.
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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #110 on: February 22, 2022, 01:35:20 AM »
It could be like that because the cost of GAS is also a consideration for us to be able to exploit the features of Ethereum itself and this makes our path hampered by the high cost of GAS.
I'm also sure in the future maybe the GAS Ethereum fee should be around 0.5 USD and for the erc20 token fee it will be around 1 USD and this is already quite expensive for all of us because Bank transaction fees are also cheap now.

I agree with you, I think Ethereum fee be around 0.5 USD for ERC20 token fee.
It's too high If we should pay more 20 USD for our transaction.
Ethereum dev should improve their project and have solution for expensive gas fee,  such as many people said, high gas fee is really annoying.
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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #111 on: February 23, 2022, 04:57:57 AM »
It could be like that because the cost of GAS is also a consideration for us to be able to exploit the features of Ethereum itself and this makes our path hampered by the high cost of GAS.
I'm also sure in the future maybe the GAS Ethereum fee should be around 0.5 USD and for the erc20 token fee it will be around 1 USD and this is already quite expensive for all of us because Bank transaction fees are also cheap now.

I agree with you, I think Ethereum fee be around 0.5 USD for ERC20 token fee.
It's too high If we should pay more 20 USD for our transaction.
Ethereum dev should improve their project and have solution for expensive gas fee,  such as many people said, high gas fee is really annoying.

Yeah, better Ethereum fee is around 0.5 USD , because Ethereum gas fee is very annoying now, more 20 USD until 30 USD.
At last month , I have lost to sell my coin when pump because didn't have gas fee
Ethereum dev should rethink about their improvement at Ethereum 2.0, because Ethereum 2.0 doesn't have good effect for gas fee.

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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #111 on: February 23, 2022, 04:57:57 AM »


Offline Lanirex

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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #112 on: February 23, 2022, 09:08:49 AM »
It could be like that because the cost of GAS is also a consideration for us to be able to exploit the features of Ethereum itself and this makes our path hampered by the high cost of GAS.
I'm also sure in the future maybe the GAS Ethereum fee should be around 0.5 USD and for the erc20 token fee it will be around 1 USD and this is already quite expensive for all of us because Bank transaction fees are also cheap now.
The very high cost of Ethereum Gas is indeed a pain in the eyes. For most people, how can we not try to send tokens from the Ethereum network and when we see the high price of Eth Gas, this really hurts the eyes.  However, this will be difficult to avoid, because the popularity of Ethereum will make this platform always crowded with people doing transactions.

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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #113 on: March 05, 2022, 06:20:31 PM »
Being patient and waiting for the right moment can always help us in these cases. Although transaction fees have dropped considerably, there are certain times of the day when they are even cheaper, depending on the time zone in which we are. What I always do is go to https://etherscan.io/gastracker to consult the graph of prices per transaction, so we can always know at what time it is convenient for us to carry out the transactions. Right now the average is $6.20.
« Last Edit: March 05, 2022, 06:22:46 PM by Freemind »
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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #114 on: March 06, 2022, 02:07:05 PM »
Ether is a popular and unique name in cryptocurrency world. Who posits at the top. But the amount of gas that has been charged for some time is beyond the expectation of many. People are not even able to transfer their assets due to the lack of additional gas fee. In such a situation do not you think that the excessive gas fee is the obstacle for its improvement?

Not just the exorbitant gas fees of Ethereum though, but also the network’s congestion and the duration of the transaction to be confirmed by the network. Plus I am pissed off if a certain ERC20 token that I needed to convert to ETH needs to increase slippage tolerance when using DEXs like Uniswap. That’s just my own experience.
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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #115 on: March 06, 2022, 06:56:05 PM »
Extra gas fee in the ETH coin is not good for the clients those use the ETH wallet becasue if the coin price is almost 100$ and the gas fee is 30$ to 40$ this is not good. This time the crypto lovers need the low gas fee wallet and that must be also secure and peoples will love this type of wallets not high gas fee wallets.

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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #116 on: March 09, 2022, 05:12:24 AM »
Extra gas fee in the ETH coin is not good for the clients those use the ETH wallet becasue if the coin price is almost 100$ and the gas fee is 30$ to 40$ this is not good. This time the crypto lovers need the low gas fee wallet and that must be also secure and peoples will love this type of wallets not high gas fee wallets.

It's too high, we must pay 30-40$ to do transaction, that's really annoying.
I don't believe Ethereum team will have good solution to improve their projects and solve the classic problem.
Really expensive gas fee.
That's make us suffering and want to leave this platform.
There are several alternate smart contract platform, Ethereum will be leaved.
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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #117 on: March 12, 2022, 12:40:36 PM »
I think that this summer the situation with high gas prices should be resolved. The team plans to hard fork London in July this year, which will significantly improve scalability. Today it is already known that it is her USDT via uniswap that takes up a larger part of the Ethereum bandwidth. Developers understand that this problem needs to be solved very quickly.

Yeah I read team is working to improve this problem, but I saw after Ethereum 2.0 us launched, we all see the gas fee is still expensive.
Nothing improve.
We  can't do transaction because high gas fee, maybe whales didn't suffer, but As little investors or trader , it is the big problem.
30-40 USD is too high.

 

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