Solution for ETH high fees

[lepbagong]

The high transaction fees of the Ethereum platform have an effect on the Ethereum price. The transaction fee for the Ethereum platform is currently down a bit but the Ethereum price is suddenly rising so much. Due to high transaction fees on the Ethereum platform but no one was able to sell or invest in the Ethereum pair coins. That's why I think reducing the Ethereum transaction fee will actually solve all the problems.

the high costs incurred by the ethereum platform, has been an issue that continues to be discussed so far. but there has been no improvement even though they have tried to do it, the last news is waiting until July, but whether it can reduce it, there is no guarantee.

With the increasing price of ethereum, the problem is not getting more resolved but increasing, there is no other way, so many have done it by changing to other platforms and other alternatives.

as long as for the common interest and reduce high costs any way can be done and there is nothing wrong with doing that as long as the goal is to improve and at least there can be alternatives that can be used. because no one wants what is obtained in the end can not be received as well as possible because of high costs.

[bitbit97]

So what is the best solution? Just wait? Ethereum miners are not interested in fees reduction. Large and wealthy traders and investors does not care about fees, they either buy and hold, or deposit/withdraw crypto few times per day.

[Freemind]

So what is the best solution? Just wait? Ethereum miners are not interested in fees reduction. Large and wealthy traders and investors does not care about fees, they either buy and hold, or deposit/withdraw crypto few times per day.

Exactly, the only thing we can do is wait for July. Of course, miners don't want transaction fees to be lowered, it's more money for them, but from July they will have no choice but to accept reality or accumulate as many coins as possible by the time ETH 2.0 is released and they can use PoS. Little fish like us have to wait.

[bitbit97]

So what is the best solution? Just wait? Ethereum miners are not interested in fees reduction. Large and wealthy traders and investors does not care about fees, they either buy and hold, or deposit/withdraw crypto few times per day.

Exactly, the only thing we can do is wait for July. Of course, miners don't want transaction fees to be lowered, it's more money for them, but from July they will have no choice but to accept reality or accumulate as many coins as possible by the time ETH 2.0 is released and they can use PoS. Little fish like us have to wait.

I wonder if miner understand that with high transaction fees they kill low budget traders and investors. Yesterday I have checked how much it would cost to do an exchange on uniswap and it showed that I would be charged for $300 for a transaction... I'm speechless.

[Freemind]

I wonder if miner understand that with high transaction fees they kill low budget traders and investors. Yesterday I have checked how much it would cost to do an exchange on uniswap and it showed that I would be charged for $300 for a transaction... I'm speechless.

The miners know perfectly well that they are hurting investors and traders with few funds, but they don't care. When ETH 2.0 is finally released and we can stake our coins the miners will be in a very different position than they are now and I won't mind. It is sad but true, as a song says that I really like .

[Maxtel]

Due to the high transaction fees on the Etherium platform, various projects are currently moving to other alternative blockchain platforms.  Because high gas fees are making the pockets of investors or hunters poor most of the time.  So everyone is starting to turn their backs on the Ethereum platform.  Why would anyone use the Ethereum platform where the Tron and ELROND platforms charge very little transaction fees.  If this problem is not solved, the use of Ethereum platform will be reduced a lot.  I hope this problem will be solved very soon.

[jonathancool220]

There is no best solution yet to reduce the GAS cost of Ethereum transactions because the more on the Ethereum blockchain the more choked up for delivery and the more expensive GAS costs.
Simply put, the more Ethereum type coins are used, the more transactions and the more expensive the transaction fees. I think this is law of POW Coin .
Until now, there is no such thing as the best solution to this problem even though Ethreum already has a type of Ethereum 2.0.

[Tubelight]

If everything goes well with the Ethereum platform, sometimes its extra fee transactions can cause a lot of problems.However, occasionally Ethereum's transactions are much normal. So transactions should be done by monitoring Ethereum's platform regularly.

[EKRA13]

In most of the projects I see Etherium platform being used more.  It is very easy to use and important.  Although ATM is easy and important to use, the biggest problem in Ethereum transactions is the non-gas fee.  Everyone must be forced to solve this problem because of the excess gas. Everyone's pockets are being cut and their pockets are getting heavier. I hope such problems can be solved very quickly.

[vaysar]

We are waiting for the Ethereum EIP-1559 update, which will reduce huge fees. EIP-1559 will introduce a base fee, which will be determined by the block size. The blocks will have "target" and "maximum" sizes. If the target size is exceeded, the commission will be increased, and users who are not ready to pay can simply wait for a certain number of blocks.

[aiviaa485]

The solution for Ethereum to be able to lower its fee fees is not to move much Etheruem on the bockchain and erc20 tokens so that the Ethereum blockchain network is not congested.
The denser the Ethereum network, the more expensive the transaction costs will be because it collides with one another when we are sending Ethereum or tokens from erc20.
This is only my opinion and not financial advice , so becarefull with cryptocurrency for life better .

[Believer]

At present, the transaction fee from Ethereum platform has been reduced a lot, now it is much less than before. Etherium is an advanced platform which has made this platform the most popular among all. So the Etherium platform is a good quality platform.

[Chita76]

Ethereum gas fees have been low for some time, but have not diminished.  Ethereum gas fee costs have increased but it is becoming impossible to sell talking because of the additional gas fee costs currently being incurred.  But if you can work according to your solution, then the amount of gas fee should be less.

[Monster5]

At present the gas free of the etherium platform has been greatly reduced. Transaction free on Etherium platforms is now much lower than before. Etherium is a popular platform due to which its popularity is increasing day by day and it is very easy to invest from this platform. So now there will be no problem with any etherium solution as the etherium gas free has been changed completely.

[H2O]

Investors and traders have been temporarily deviating due to Ethereum's excess gas, but are now paying a little more attention to other platforms, so Ethereum will not be able to hold its own in the near future unless the Ethereum authorities take action.