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Author Topic: Ways to reduce Ethereum's gas fee  (Read 12244 times)

Offline Doctor

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Re: Ways to reduce Ethereum's gas fee
« Reply #90 on: January 20, 2022, 12:08:06 AM »
Well at the moment, you can't lower gas fee, you can just wait for the best moment to execute a transaction.
If you guys want to know what gas in ethereum is , here is a great youtube video about it :


That's true, I think we always check the best time to do transaction.
Choose the right time when Ethereum gas fee lower.
Good luck.

I think no way to reduce high gas fee.
Although we always to check the gas fee, I think It's just little.
I hope Ethereum dev will have good improve and have solution for this problem.

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Re: Ways to reduce Ethereum's gas fee
« Reply #90 on: January 20, 2022, 12:08:06 AM »

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Re: Ways to reduce Ethereum's gas fee
« Reply #91 on: February 09, 2022, 07:03:58 AM »

I think no way to reduce high gas fee.
Although we always to check the gas fee, I think It's just little.
I hope Ethereum dev will have good improve and have solution for this problem.

checking gas fee every time is good idea to know when gas fee will low.
But It's not effective.
I also hope Ethereum development has good idea to solve expensive gas fee..
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Offline Aguacate_e

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Re: Ways to reduce Ethereum's gas fee
« Reply #92 on: February 09, 2022, 06:13:03 PM »
This thread is old, but I'll leave this here:



Weekends and early mornings are when the gas rates of the Ethereum network are lowest.

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Re: Ways to reduce Ethereum's gas fee
« Reply #93 on: February 12, 2022, 07:42:41 PM »

I think no way to reduce high gas fee.
Although we always to check the gas fee, I think It's just little.
I hope Ethereum dev will have good improve and have solution for this problem.

checking gas fee every time is good idea to know when gas fee will low.
But It's not effective.
I also hope Ethereum development has good idea to solve expensive gas fee..

Untill now Ethereum developer didn't have good solution for their problem.
Very expensive gas fee will always be the big problem for us.
I think the Ethereum team should have good solution for it.
Because many People and investors complained about expensive gas fee
« Last Edit: February 22, 2022, 01:37:22 AM by rizqillah »
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Re: Ways to reduce Ethereum's gas fee
« Reply #94 on: February 13, 2022, 04:21:04 PM »
It was mentioned that the commissions were high at the time the title was opened, but the commissions at this time are even higher. swapping feature wallets is extremely expensive. Vitalik and his team must find a solution to this situation. Ethereum is a very high quality coin, but this expensiveness makes things difficult.

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Re: Ways to reduce Ethereum's gas fee
« Reply #95 on: February 13, 2022, 11:49:29 PM »
We used to expect that EIP-1559 will help reduce transaction fees, but transaction fees are still over 100 Gwei. Right now, the only way that Ethereum can have cheaper fees is to speed up transactions in the network. Consensus Ethereum will do it with POS.
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Offline damsix

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Re: Ways to reduce Ethereum's gas fee
« Reply #96 on: February 20, 2022, 08:03:32 PM »
It is very difficult to lower EThereum's GAS fees because Ethereum itself has a POW system that anyone can set the transaction gas if they want to speed up the transaction and that is the effect of all the expensive GAS fees now on the market.
This is proof that Ethereum is getting more and more difficult to lower its GAS transaction fees, but there is still a lot behind it that BSC, Polygon, Matic, Solana can be like the Ethereum ecosystem but have low transaction fees.
retire and rest in peace

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Re: Ways to reduce Ethereum's gas fee
« Reply #96 on: February 20, 2022, 08:03:32 PM »


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Re: Ways to reduce Ethereum's gas fee
« Reply #97 on: February 20, 2022, 11:03:35 PM »
The gas fee of the Ethereum network will be decreasing if:
- The price of Ethereum is also decreased like right now, currently, the gas fee is really decreasing under 50gwei.
- There are small transactions on the Ethereum blockchain netwoirk. So the gas fee willl be mroe stable at a certain rate

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Re: Ways to reduce Ethereum's gas fee
« Reply #98 on: February 21, 2022, 06:51:43 AM »
We used to expect that EIP-1559 will help reduce transaction fees, but transaction fees are still over 100 Gwei. Right now, the only way that Ethereum can have cheaper fees is to speed up transactions in the network. Consensus Ethereum will do it with POS.
I think so too, but the EIP-1559 doesn't affect gas costs, and it seems to focus on burn to achieve the goal of ethereum 2.0.
The Beacon Chain is active but we can't use it yet.
I hope ethereum 2.0 releases soon and blockchain 1.0 can run parallel to Blockchain 2.0.

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Re: Ways to reduce Ethereum's gas fee
« Reply #99 on: February 21, 2022, 12:37:44 PM »
The gas fee of the Ethereum network will be decreasing if:
- The price of Ethereum is also decreased like right now, currently, the gas fee is really decreasing under 50gwei.
- There are small transactions on the Ethereum blockchain netwoirk. So the gas fee willl be mroe stable at a certain rate

You're right,  Ethereum gas fee is depending on traffic and Ethereum price.
If Ethereum price is going down,  gas fee will lower.
So, no way to reduce Ethereum gas fee.
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Re: Ways to reduce Ethereum's gas fee
« Reply #100 on: February 21, 2022, 03:27:39 PM »
It is very difficult to lower EThereum's GAS fees because Ethereum itself has a POW system that anyone can set the transaction gas if they want to speed up the transaction and that is the effect of all the expensive GAS fees now on the market.
This is proof that Ethereum is getting more and more difficult to lower its GAS transaction fees, but there is still a lot behind it that BSC, Polygon, Matic, Solana can be like the Ethereum ecosystem but have low transaction fees.
So actually what is increasing Ethereum Gas is the Ethereum network users themselves, then it will be difficult to go down. Since everyone will increase their Gas amount to speed up their transactions, and the popularity of this Ethereum network is very high hence the usage traffic is also high. It will be difficult for ETH gas to drop as low as it used to be.
Yes The alternative is to use another network, if it is possible for us to do so.

Offline royalfestus

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Re: Ways to reduce Ethereum's gas fee
« Reply #101 on: February 21, 2022, 09:07:55 PM »

I think no way to reduce high gas fee.
Although we always to check the gas fee, I think It's just little.
I hope Ethereum dev will have good improve and have solution for this problem.

checking gas fee every time is good idea to know when gas fee will low.
But It's not effective.
I also hope Ethereum development has good idea to solve expensive gas fee..

Untill now Ethereum developer didn't have good solution for their problem.
Very expensive gas fee will always be the big problem for us.
At the end of 2020 Vitalik himself said that reducing the gas fee of ethereum might be what they wanted to help the price pump of the coin but most other coin had proved that their transaction fee do not affect price pump example is BNB. However, BNB has limited supply, staking, burning and strong use cases to strengthen the price movement.

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Re: Ways to reduce Ethereum's gas fee
« Reply #102 on: February 22, 2022, 10:01:22 AM »

I think no way to reduce high gas fee.
Although we always to check the gas fee, I think It's just little.
I hope Ethereum dev will have good improve and have solution for this problem.

checking gas fee every time is good idea to know when gas fee will low.
But It's not effective.
I also hope Ethereum development has good idea to solve expensive gas fee..

Untill now Ethereum developer didn't have good solution for their problem.
Very expensive gas fee will always be the big problem for us.
At the end of 2020 Vitalik himself said that reducing the gas fee of ethereum might be what they wanted to help the price pump of the coin but most other coin had proved that their transaction fee do not affect price pump example is BNB. However, BNB has limited supply, staking, burning and strong use cases to strengthen the price movement.

BNB has good team that always I prove their project.
I personally prefer in BNB project than Ethereum.
BNB has shown good progress and lower transaction fee.
Ethereum fee is so high.

Offline royalfestus

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Re: Ways to reduce Ethereum's gas fee
« Reply #103 on: February 22, 2022, 08:27:48 PM »

I think no way to reduce high gas fee.
Although we always to check the gas fee, I think It's just little.
I hope Ethereum dev will have good improve and have solution for this problem.
BNB is a very good smart contract but did not have enough features to thrive as defi. There is an argument that BNB is an hardfork of ethereum blockchain that it might face the same challenge when the size of transaction is as large as ethereum
checking gas fee every time is good idea to know when gas fee will low.
But It's not effective.
I also hope Ethereum development has good idea to solve expensive gas fee..

Untill now Ethereum developer didn't have good solution for their problem.
Very expensive gas fee will always be the big problem for us.
At the end of 2020 Vitalik himself said that reducing the gas fee of ethereum might be what they wanted to help the price pump of the coin but most other coin had proved that their transaction fee do not affect price pump example is BNB. However, BNB has limited supply, staking, burning and strong use cases to strengthen the price movement.

BNB has good team that always I prove their project.
I personally prefer in BNB project than Ethereum.
BNB has shown good progress and lower transaction fee.
Ethereum fee is so high.
Ethereum has better features with defi and most of the stable coin are on ethereum blockchain. It believed as some said that BNB is a hardfork of etherum with transaction ability per second and more users will increase the transaction fee as time goes on and have the same struggle

aiviaa485

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Re: Ways to reduce Ethereum's gas fee
« Reply #104 on: March 04, 2022, 11:45:47 AM »
To lower the GAS Ethereum fee, just move the network to the Polygon Matic network, from Ethereum ERC20 it changes to Ethereum MT20 and maybe it's different later on the choice of tokens that will be exchanged because maybe the Ethereum ecosystem on the Polygon Matic blockchain network is still not crowded.
But with this type, I feel that it has become a good option for all of us to be able to lower the GAS transaction fee which is very expensive on the original Ethereum, namely Ethereum with the ERC20 type.

 

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