Ethereum Network Monstrous Transaction fees is a form of Greed!

[masterrex]

In the past days Ethereum transaction fees was skyrocketed to the high as 500+ gwei and today's transaction fees was already reach 600+ gwei this is insane I hope more projects are moving out from Ethereum because its already too much there are other smartcontracts platform that quite promising and stable Transaction speed and minimal fees like Tron,Credits and other smart contract providers are the best option.

[Unbunplease]

But high fees are a great chance for other blockchains to attract attention to themselves.  The more projects run on Ethereum, the higher the fees will be ... And that's bad.

[gunhell16]

The more fee increase in the market will not be a good impact on the users.
This will only be favorable for the blockchain itself, and yes that's true it was a form of greediness
and many communities in this industry are mostly greedy.

[LogiC]

But high fees are a great chance for other blockchains to attract attention to themselves.  The more projects run on Ethereum, the higher the fees will be ... And that's bad.

I dont see any greatness with it. Small fee attract more investors and that is likely benefited them on their trades. If you noticed on exchange, more lesser fee attractive to traders, now eth is having that sort of problem but I always believe in them. Just wanted them to focus on developing a way to lessen that.

[bigcash2011]

Definitely it is the biggest challenge that the ethereum network is facing these days so the developers do need to come up with impressive solution to this problem as eth 2.0 mainnet is launching in november, hopes are high that eth will become a scaled network.

[Unbunplease]

Definitely it is the biggest challenge that the ethereum network is facing these days so the developers do need to come up with impressive solution to this problem as eth 2.0 mainnet is launching in november, hopes are high that eth will become a scaled network.

For someone, high fees of ethereum network - big problem, but for others it is a great opportunity.  Blockchain's Race Coming Soon . And soon we will see great pumps..

[comer]

it's really disappointing! I could have claim UNI token if the gas fee was not that high. I trade at uniswap sometimes in August but upon seeing the gas fee. I cancelled my order. NOW, uniswap is given 400UNI to any wallet connected to there platformed that have transaction before Sep. that's a huge airdrop it's worth over a thousand dollars by now. sad news for me.

[hair]

It is very disappointing that the ETH gas fee is getting more expensive all the time. even just sending a few tokens costs a lot. This is not fair. I think project owners using ETH plafforms should think about this, public trust in cheaper costs

[Alcor]

It is very disappointing that the ETH gas fee is getting more expensive all the time. even just sending a few tokens costs a lot. This is not fair. I think project owners using ETH plafforms should think about this, public trust in cheaper costs

Nobody expected that there would be such a heavy load on the ethereum network. Of course, the ethereum team should have solved the issue of coin scalability a long time ago, but not all of them are easily solved. We hope that in November the main part of the Ethereum 2.0 improvements will be implemented and this will allow already at this stage to have ethereum scalability in a thousand transactions per second. This will allow for the time being to solve all the current problems. In the meantime, with transactions in the ethereum network, you need to abstain or pay more.

[trauchot]

I agree, I don't like this either, and therefore at times I had to make transactions at very expensive prices, but in general there is a certain time when the price of transactions falls and you need to have time to make the transactions you need.

[Jaephoenix]

I don't think its greed. Its just obeying the laws of demand and supply. If there are more transactions, fess spike. If less, fees dump. Remember miners have to make a living too

[hair]

We hope that in November the main part of the Ethereum 2.0 improvements will be implemented and this will allow already at this stage to have ethereum scalability in a thousand transactions per second.

I hope the Ethereum 2.0 upgrade will be a solution for members using ethereum. Lots of new tokens / coins are using ethereum so that it will harm investors, traders and holders if at any time they have to pay more gas fees.

[Tnoy30]

The Ethereum platform for transactions is currently hated by people. Because its gas free has increased a lot. Due to the increase in gas fee, some committed teams are not able to distribute their tokens. They have faced problems with the distribution of tokens. Because committed teams always want to distribute tokens. Due to increase in gas fee, they are not able to transfer with tokens. So many are being harmed. So I think there should be something about that.

[Oxumare]

September 17 was Ethereum's busiest day on record. In addition to the daily transaction, gas charges have skyrocketed, causing the network to slow down as Uniswap users rushed to request UNI.Even if Ethereum 2.0 can scale, it will take a long time to happen. In fact, DeFi popularity did not dominate the market with the 2.0 update on the agenda.

[Paglamon]

At present the ethereum gas fee has increased a lot. So I think a lot of users are suffering because of this increase. Why don't they get their bounty tokens. Because the teams take a long time to distribute their bounty tokens, they are not distributing. So I think users are getting hurt. If no action is taken in this regard, this section will continue.