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Author Topic: Do you think the extra gas fee is the only obstacle to improving ether?  (Read 10608 times)

Offline Freemind

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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #75 on: November 20, 2021, 01:06:36 PM »
As you said many people here, I think Ethereum team try to solve this problem, but didn't success yet, because Ethereum gas fee is still high. Ethereum 2.0 also didn't good solution, I think Ethereum should have another way to reduce their gas fee.

From what we can read on many sites, Ethereum developers have no difficulty solving the problem of high transaction fees. What they are doing is waiting for the full release of ETH 2.0 and by doing that what they are doing is hurting many users and the entire ecosystem, these are not problems with the code, it is that for some reason they prefer to leave it as it is now, even though that is causing problems for many people.
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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #75 on: November 20, 2021, 01:06:36 PM »

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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #76 on: November 21, 2021, 06:31:11 AM »
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?

of course, extra gas fee  will be obstacle to improve Ethereum.
There will  be many alternate smart contract platform, I think they will compete to Ethereum, and many projects will migrate to other if Extra gas fee can be solved.
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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #77 on: November 24, 2021, 01:05:20 AM »
Pay extra gas will not solve the problem but will create negative sentiment because low fees is customers rights. I believe eth developer team already found the way but they need safe system and right time for release, as customers we only need to wait. Keep hunting eth and save it, when eth 2.0 release we are rich people, change our strategy for better result.

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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #78 on: November 24, 2021, 07:23:10 AM »
moment it is a drag on its reputation. The number of people who are suffering the consequences is enormous and if there is a solution, I think they should do everything possible  this does not apply just to etherum. Etherum is suffering from its own success of being the hybrid mother to several altcoins; but then it should make its long awaited eth 2.0 to ease the gas fees a gas fee of the erc20 token is damn high and they are likely not going to decrease. So, this will be very hard for to erc20 platform to develop

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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #79 on: November 27, 2021, 07:25:31 PM »
with an additional fee when making a transaction in my opinion it is very useless and of course a waste of the money you have, it's better to use a standard shipping method so you can save the money you use for gas.

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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #80 on: December 02, 2021, 04:26:32 PM »
Ethereum already is quite popular.  And whether its increased fee is an obstacle in the improvement or not, it is not known clearly.But according to me, the high fees of ethereum are quite disappointed. Due to which the transaction is facing lot of problems.
In addition, many people may be disappointed of its high fees.

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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #81 on: December 13, 2021, 11:17:38 AM »
Ethereum already is quite popular.  And whether its increased fee is an obstacle in the improvement or not, it is not known clearly.But according to me, the high fees of ethereum are quite disappointed. Due to which the transaction is facing lot of problems.
In addition, many people may be disappointed of its high fees.

High transaction fees may not be a problem for the Ethereum developer team, but it is certainly a big problem for users, especially those with little funds and do not have the possibility to move their tokens missing opportunities. When a product is good in general, but for a certain type of user it presents problems, it is no longer for everyone, and that for me is a negative point, and it is precisely at this negative point where developers must put their efforts, in making their product can be used by any type of user.
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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #81 on: December 13, 2021, 11:17:38 AM »


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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #82 on: December 15, 2021, 05:24:00 PM »
I think the major issues of ethereum is the gas fees and it is scaring people away from the network. I believed once this issue is solved Ethereum will fly off. I hope they get it right soon that it can earn more users.
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Offline EthereumDev_

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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #83 on: December 16, 2021, 08:56:00 AM »
I think the major issues of ethereum is the gas fees and it is scaring people away from the network. I believed once this issue is solved Ethereum will fly off. I hope they get it right soon that it can earn more users.
I think the cost of gas on the ethereum network still looks expensive because the skyrocketing price of ethereum makes gas costs high too, so it's better to keep using other networks if you still want to make transactions using altcoins and with a very small transaction value.

Offline Muneeb22

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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #84 on: December 16, 2021, 12:34:45 PM »
The extra gas fee is the main issue in the market because in the crypto market this time so many peoples are going to safe their coins in the ETH wallet because the ETH wallet is so much safe but because of high fee so many peoples will withdraw their coins from the ETH wallet and hold that in the exchange.

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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #85 on: December 17, 2021, 09:59:20 PM »
Ethereum is a big coin, Ethereum is the only Blockchain Cryptocurrency that is used to grow new Crypto projects, before there is another Blockchain that has the same function as the Ethereum Blockchain. It is because of this that a lot of Erc20 based Altcoins are stuck in private wallets and cannot be sent on exchanges due to the usual problem of very high Eth Gas, Actually this is not a barrier to the increase of Ethereum Coins themselves. But for Ethereum-based tokens, this matters a lot.

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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #86 on: December 21, 2021, 11:15:57 AM »
Ohh, after reading this thread, now I can relate why I have most of the payments in my capital wallet in BTC and few in ETH, but can anyone tell me why this gas fee is only associated with ether and not any other coin? Shall I not accept Ether into my business?

Offline Freemind

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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #87 on: December 21, 2021, 12:40:46 PM »
Ohh, after reading this thread, now I can relate why I have most of the payments in my capital wallet in BTC and few in ETH, but can anyone tell me why this gas fee is only associated with ether and not any other coin? Shall I not accept Ether into my business?

Transaction fees can be more expensive or cheaper depending on the congestion of the Ethereum network among other factors, if you want to know more you can read the following article, it is very useful: https://ethereum.org/en/developers/docs/gas/

Accept or not Ethereum in your business is something that only you should decide, you can ask your customers and also add other chains so that they have more variety when making payments.

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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #88 on: December 27, 2021, 08:00:29 AM »
Vitaly Buterin made sure that the payment for gas went into the capitalization of the Ethereum cryptocurrency. Don't you find how quickly the capitalization of the Ethereum cryptocurrency overtook the capitalization of Bitcoin. I'm afraid that soon, ETH will overtake VTS, which is not even bad. When the commission is reduced in the Ethereum blockchain, then there will be more users than today.   

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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #89 on: December 27, 2021, 11:21:09 AM »
Vitaly Buterin made sure that the payment for gas went into the capitalization of the Ethereum cryptocurrency. Don't you find how quickly the capitalization of the Ethereum cryptocurrency overtook the capitalization of Bitcoin. I'm afraid that soon, ETH will overtake VTS, which is not even bad. When the commission is reduced in the Ethereum blockchain, then there will be more users than today.   

You may be right, but in the meantime the problem persists and negatively affects many users. While they solve the problem, many users are abandoning Ethereum as the most used chain and looking for cheaper options, and thankfully there are several to choose from. It's hard to know if those users would use Ethereum afterward, but I highly doubt it after some time working comfortably with other chains.
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