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Author Topic: Transaction fee of etherium  (Read 13200 times)

Offline pacar_tiri

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Re: Transaction fee of etherium
« Reply #60 on: November 24, 2021, 05:32:31 AM »
Right now I see gas costs for ethereum seem to have started to decrease because of the influence of where the exchange is collapsing and transactions using the ethereum network are not too many so that ethereum transaction fees are currently starting to be cheap and the process is fast.

I think It's always be the problems for us.
Ethereum gas fee is so high, maybe you saw cheap while has correction.
Several people said Ethereum gas fee depends on traffic, bUt I think It depends on Ethereum price.

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Re: Transaction fee of etherium
« Reply #60 on: November 24, 2021, 05:32:31 AM »

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Offline bmw1

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Re: Transaction fee of etherium
« Reply #61 on: November 25, 2021, 05:48:28 PM »
transaction fee of etherium very high. Ethereum's network fees are much higher, so transactions are much lower, but it is being used more for trade. In that case Etherium cryptocurrency is the second second coin in the middle. These coins can change a person's life, for example, Etherium can be traded for a long time and for a short time. If the price of cryptocurrency is higher then Etherium will change lives.

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Re: Transaction fee of etherium
« Reply #62 on: November 26, 2021, 09:23:49 AM »
transaction fee of etherium very high. Ethereum's network fees are much higher, so transactions are much lower, but it is being used more for trade. In that case Etherium cryptocurrency is the second second coin in the middle. These coins can change a person's life, for example, Etherium can be traded for a long time and for a short time. If the price of cryptocurrency is higher then Etherium will change lives.

agree, Ethereum is good for long term and short term investment.
I also use Ethereum to that.
When market bullish, I will use Ethereum for trading, But if while correction, hold for long term is the best way to do.

Offline jonathancool220

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Re: Transaction fee of etherium
« Reply #63 on: November 27, 2021, 01:53:08 PM »
Indeed, the Ethereum coin transaction fees are getting higher day by day, so that this Ethereum coin is really very, very afraid for us to be able to see in the future Ethereum will be abandoned by the community.
It is very possible that if the Ethereum transaction fee cannot be reduced then it is certain that Ethereum will feel the loss of its community and now many investors are switching to BSC and Solana.

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Re: Transaction fee of etherium
« Reply #64 on: November 27, 2021, 05:54:05 PM »
Right now I see gas costs for ethereum seem to have started to decrease because of the influence of where the exchange is collapsing and transactions using the ethereum network are not too many so that ethereum transaction fees are currently starting to be cheap and the process is fast.

I think It's always be the problems for us.
Ethereum gas fee is so high, maybe you saw cheap while has correction.
Several people said Ethereum gas fee depends on traffic, bUt I think It depends on Ethereum price.
There is still a solution to this seemingly eternal problem. Vitalik Buterin recently proposed a new limit on the total amount of transactional data in a block to reduce the total cost of transactional gas on the ETH network. Apparently, this problem was not solved within the framework of the Ethereum 2.0 update, or there was no complete confidence that it would be solved. In any case, there is a way to reduce the size of transaction fees in the ethereum network, and this is already a good thing. Moreover, there is still time until the completion of the network update.

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Re: Transaction fee of etherium
« Reply #65 on: November 27, 2021, 06:09:22 PM »
Sure. Ethereum is a very good network but the only problem is the fee, I really don't know why it keeps increasing because it's obvious people already get tired and they are now moving to other networks with lower fees. They have to fix this issue in any way or Ethereum will be forgotten slowly.

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Re: Transaction fee of etherium
« Reply #66 on: November 27, 2021, 07:04:00 PM »
Ethereum is a very good network but the only problem is the fee, I really don't know why it keeps increasing because it's obvious people already get tired and they are now moving to other networks with lower fees. They have to fix this issue in any way or Ethereum will be forgotten slowly.
I think Ethereum should change this immediately, I agree with you that if Ethereum still has expensive transaction fees then slowly many people will leave it.  Because now there are so many new Blockchains that have cheaper and faster transaction fees.
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Re: Transaction fee of etherium
« Reply #66 on: November 27, 2021, 07:04:00 PM »


Offline satpol_PP

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Re: Transaction fee of etherium
« Reply #67 on: November 28, 2021, 03:12:53 PM »
Ethereum is a very good network but the only problem is the fee, I really don't know why it keeps increasing because it's obvious people already get tired and they are now moving to other networks with lower fees. They have to fix this issue in any way or Ethereum will be forgotten slowly.
I think Ethereum should change this immediately, I agree with you that if Ethereum still has expensive transaction fees then slowly many people will leave it.  Because now there are so many new Blockchains that have cheaper and faster transaction fees.

We all see several projects have migrated to BSC.I think It's the sign, people leave Ethereum now.
Even though, there are several scam projects on BSC, but BSC is lower fee and faster transaction.
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Re: Transaction fee of etherium
« Reply #68 on: November 28, 2021, 07:48:39 PM »
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Offline pelana vreo

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Re: Transaction fee of etherium
« Reply #69 on: November 29, 2021, 05:48:48 AM »
Since transaction fees increased, I have never traded on Dex exchanges such as uniswap, I have long since moved to the BSC,Solana and Polygon networks, this I did because the new coin I invested bridged to several networks, that's why I chose a Network other than Ether to avoid high gas fees

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Re: Transaction fee of etherium
« Reply #70 on: November 29, 2021, 10:09:41 PM »
Hi group! Does anybody know how much ETH it would cost me to transfer other tokens (not Eth) from one wallet to another? I have to pay for gas but can’t figure out how much exactly.

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Re: Transaction fee of etherium
« Reply #71 on: November 30, 2021, 10:10:34 AM »
Ethereum L2 scaling solutions developer StarkWare has launched an alpha version of the StarkNet mainnet. Such projects as dYdX, ImmutableX, DeversiFi, and others are built on the basis of the engine from StarkWare. So hope results will be soon :)

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Re: Transaction fee of etherium
« Reply #72 on: November 30, 2021, 01:56:07 PM »
ethereum transactions are very high in my opinion very reasonable because the high ethereum exchange rate and the density of transactions using the ethereum network make gas costs higher, if you don't want to use expensive gas fees then you can choose other platforms that have low gas costs to make transactions .

Offline legend45

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Re: Transaction fee of etherium
« Reply #73 on: December 01, 2021, 06:26:51 PM »
ethereum transactions are very high in my opinion very reasonable because the high ethereum exchange rate and the density of transactions using the ethereum network make gas costs higher, if you don't want to use expensive gas fees then you can choose other platforms that have low gas costs to make transactions .

Yes, I think It's good idea..If we didn't want to choose ERC20 to transaction, we should change the platform.
But for new coins that only use ERC20, the couldn't.

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Re: Transaction fee of etherium
« Reply #74 on: December 02, 2021, 09:48:16 PM »
The etherium transaction gas fee has been increased so much that many dollars are being deducted to transfer any token.  If this is the case with the Etherium platform, then the Etherium platform will fall far behind.  From here, all investors will move to another platform. As soon as possible, its transaction gas fee should be reduced.  What do you think about this?
On November 24, Buterin came up with a proposal for a special improvement to the ethereum network, which should reduce transaction costs by about five times. This is in addition to the fact that as a result of the current improvements in the framework of Ethereum 2.0, which have already lasted exactly one year, gas charges should be significantly reduced. Therefore, we need to be patient and wait for the long-awaited improvements to be implemented.

 

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