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Author Topic: Do you think the extra gas fee is the only obstacle to improving ether?  (Read 10517 times)

Offline bmw1

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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #30 on: April 16, 2021, 05:25:35 AM »
The only obstacle to Etherium's development is that Ethereum's gas fees have been increased because Etherium is needed if one wants to trade. Since I'll send 20, Ethereum's network fee is 12 . It's sad, of course. Because if the cost is 12 out of 20, no one will use Ethereum so Ethereum improvement will not be possible.

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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #30 on: April 16, 2021, 05:25:35 AM »

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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #31 on: April 16, 2021, 06:24:02 AM »
I see a little improvement, as more and more often the price of <90 gwei can be observed, and for a longer period than usual. Of course these fees later returns to 120-150 gwei. So I think we are in a direction of fee reduction. Just wait, use BSC and Ethereum fees will be back to normal :)
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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #32 on: April 16, 2021, 10:27:09 AM »
130 gwei right now. The truth still seems crazy to me. I don't understand how developers can take things so calmly and remain indifferent to what has been going on for so long. It seems like they don't care in the least that so many people can't move their tokens and investment opportunities are missing.
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Offline Tunir Baap

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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #33 on: April 19, 2021, 12:57:45 AM »
Currently, if there is a problem with the Ethereum platform, that problem is the additional transaction fee.I think Ethereum is losing popularity due to its extra transactions.But still if Ethereum's gas fee is normal then I think Ethereum platform will regain its popularity.
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Offline Stuart

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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #34 on: April 19, 2021, 02:51:00 AM »
I am sure that the plans for ETH 2.0 has been for long before the issues of gas fee became a bottleneck to the users of Ethereum platform. The cause of high gas fee has made the populace to abandon their coins there without looking back to it. I don't really think that this issue of high gas fee was part of the initial plans of ETH 2.0, but now it seems to be the number problem to be tackled even before the main purpose or idea of ETH 2.0.If the correction of this gas fee will only take place after the release of ETH 2.0, am afraid that ETH might lose their reputation and place in the ranking on the leaderboard.

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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #35 on: April 19, 2021, 06:53:58 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?
We all know that Etherium is the second largest cryptocurrency in the world, but Ethereum's position has risen so much due to the smart contract.  I think Ethereum's gas leak is a bit of a problem right now because everyone is having a lot of problems because people can't transact for extra gas.  If Ethereum's gas leaks do not subside, people's confidence in Etherium will diminish a little, but hopefully it will change very soon.
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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #36 on: April 19, 2021, 10:26:52 AM »
@Mist Joya many people are losing confidence in Ethereum since all these problems started. And the first to lose confidence are users with few funds, who cannot move their tokens due to the high price of commissions, that's why users stop using Ethereum and use the chains of BSC or Tron. Ethereum developers must take care of their users, or they will be left alone in the end.
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Altcoins Talks - Cryptocurrency Forum

Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #36 on: April 19, 2021, 10:26:52 AM »


Offline pealr12

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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #37 on: April 19, 2021, 05:35:02 PM »
As an ordinanry user (which means not a dev) i think the high gas fee is a majore obstacle that is mostly affecting the smooth usage of eth network, eth has both high volum and small volume traders, those who have huge funds to trade may not find this high fees so disturbing, but those little traders of which am part of don't find it funny at all.

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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #38 on: April 20, 2021, 03:38:11 PM »
Yes you are right. At present, gas free is much more common. And because of this gas free, the price of ether is not improving. But I think this gas free will go down very soon.And at least I didn't go down without explaining myself first. As the days go by, gas free is getting more and more.

Offline jonathancool220

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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #39 on: April 21, 2021, 07:32:27 PM »
Ethereum's transaction fees are extremely unpleasant.
Investors don't want to lose money with crazy transaction fees.
Delivery of Ethereum and tokens from erc20 has stalled, no one wants to take this step because of the high transaction fees.
Everyone will feel sad if Ethereum does not lower the transaction fees because Ethereum is a coin that has a very large community.

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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #40 on: April 22, 2021, 02:14:22 PM »
Currently, if there is a problem with the Ethereum platform, that problem is the additional transaction fee.I think Ethereum is losing popularity due to its extra transactions.But still if Ethereum's gas fee is normal then I think Ethereum platform will regain its popularity.

I think it the Ethereum team don't solve this problem, Ethereum will lose popularity. Several projects already migrated to binance smart chain now.. I hope ethereum team know about it. Because there are many projects have used ERC20 platform

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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #41 on: April 24, 2021, 12:35:38 AM »
Currently, if there is a problem with the Ethereum platform, that problem is the additional transaction fee.I think Ethereum is losing popularity due to its extra transactions.But still if Ethereum's gas fee is normal then I think Ethereum platform will regain its popularity.

I think it the Ethereum team don't solve this problem, Ethereum will lose popularity. Several projects already migrated to binance smart chain now.. I hope ethereum team know about it. Because there are many projects have used ERC20 platform

Ethereum actually already knows that, but everything is still in the development stage, it is not easy to fork and mainnet to avoid high gas costs, the ethereum team always attaches importance to the security system, as we know, the blockchain and ethereum ecosystem is very good and there is no hacking information which results in the loss of tokens from the wallet of the developer or smart contract maker

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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #42 on: April 25, 2021, 11:48:30 PM »
Recently, the gas fee is lower than several weeks ago. I several times transfer ERC20 tokens and it only needs below 60 gwei. This is much better than the very high price previously always over 100 gwei. I think that the Ethereum and its platform can still be highly recommended if the fee is lowering again

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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #43 on: April 27, 2021, 04:10:37 AM »
Now Ethereum's GAS has dropped to 37 Gwei and it is possible to continue adopting Ethereum because it is so simple and easy to try them all for a small fee.
Hopefully we hope that the Gwei of this GAS cost drops to 3-5 gwei because that is very standard for sending tokens from er20 and I would love to hear if it is like that.
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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #44 on: April 27, 2021, 12:06:22 PM »
Now Ethereum's GAS has dropped to 37 Gwei and it is possible to continue adopting Ethereum because it is so simple and easy to try them all for a small fee.
Hopefully we hope that the Gwei of this GAS cost drops to 3-5 gwei because that is very standard for sending tokens from er20 and I would love to hear if it is like that.

I'm not sure if all the people who have migrated and adopted BSC (developers and users) due to the problems caused by the high fees are going to use Ethereum again. Now the fees are low, but if the demand and price of Ethereum go up again, the fees will go up as well. I would not use Ethereum again until the solution was completely final.
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