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Author Topic: The popularity of ether is declining due to extra gas fees & poor transactions?  (Read 7623 times)

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Although they use other platforms in times of need due to the rising gas fees of the Etherium network, they love the Etherium network from the bottom of their hearts. People are accustomed to using the Etherium platform.

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Although they use other platforms in times of need due to the rising gas fees of the Etherium network, they love the Etherium network from the bottom of their hearts. People are accustomed to using the Etherium platform.

You are absolutely right, but you must also think that as much as people like Ethereum, that love from the bottom of the heart can change the moment it hits users' pockets. The fact that many users (those with less available funds) cannot move or exchange their tokens is the beginning of the end of that love you are referring to. People want things to be 100% useful, not that for the present reason they cannot do anything.
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Offline therozaq

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Although they use other platforms in times of need due to the rising gas fees of the Etherium network, they love the Etherium network from the bottom of their hearts. People are accustomed to using the Etherium platform.

You are absolutely right, but you must also think that as much as people like Ethereum, that love from the bottom of the heart can change the moment it hits users' pockets. The fact that many users (those with less available funds) cannot move or exchange their tokens is the beginning of the end of that love you are referring to. People want things to be 100% useful, not that for the present reason they cannot do anything.

I think people invested in crypto because profit consideration, and also cost
Not about love or deep heart, It's funny.
People still use Ethereum because ERC20 is the king of smart contract platform and has been used by many projects.
But It will be leaved and migrate to other platform which have lower fee.Thats the fact.
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I think people invested in crypto because profit consideration, and also cost
Not about love or deep heart, It's funny.
People still use Ethereum because ERC20 is the king of smart contract platform and has been used by many projects.
But It will be leaved and migrate to other platform which have lower fee.Thats the fact.

I like your logical, We invest in crypto because profit, not about love or deep heart.
Investing is business, it is different to religion or soul.
Businesses is always talking about profit, chance and progress.
I have invested in crypto and want to get big profit at the coming years. That's all.
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Currently, due to the extra gas fees and weak transactions of the Etherium network, everyone is forced to use the Binance network instead of the Etherium network and most of the crypto projects are also being launched on the Binance network. This is because the gas fee of Binance network is much less than that of Ethereum network and the transaction is completed faster. So I think Binance's popularity is increasing day by day and Etherium's popularity is declining.
Do you agree with me?

Yes I agree, although Ethereum is the King of smart contract platform, But If the team didn't solve  their  high gas fee problem, I think Ethereum popularity will decrease ann will be leaved by investors.
There are several alternate smart contract platform, I think We will see big movement. Many projects will migrate to other platform.
And I saw Its starting to do.
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Offline Mayajal

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EthereumFair is led by a group of Chinese miners, with its core documentation provided in the Chinese language. Only this weekend did organizers focus on creating Telegram groups for different languages.

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Former Ethereum co-founder Charles Hoskinson, who now heads competitor Cardano—which has a market cap of $16.4 billion—was feeling salty. He posted a meme likening the merge to a nightmare. When someone tweeted him asking where Cardano’s technology stands in relation to Ethereum, Hoskinson let rip with some flagrant self-promotion:

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In my opinion, the cost of etherum gas is a big problem because if gas costs are not reduced immediately, many investors will switch to other networks that have cheaper gas costs, I believe that etherum will soon deal with this expensive gas problem.
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Maximus Coin
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Building the world’s first ever
decentralized ecosystem backed by
the distributed cloud storage network.
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No Central Servers
No Privacy Breach
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[/center]

 

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