High transaction fees will be the downfall of Ethereum ?

[Nostoman]

Due to the increase in Ethereum transaction fees, many project teams have decided not to do any more token distrubation. Because no team wants to spend that much to distribute. Due to the tean will suffer losses. The projects are being damaged and the hunters are not paying due to the transaction. The project team is not able to keep its promise. This is bad news for hunters. Many of those who use the Eth wallet of that transaction are giving up. Trying to find other ways of projects. Decided to create a wallet on the website. So I think if these things give a little discount. Then it must be good.

[Rakin343]

Yes, this high transaction fee has increased so much that you have to pay a lot of dollars to transfer a token. For example, if a coin has to be transacted, it is seen that 3$ -5$ transaction gas fee has to be paid. People are struggling to transfer tokens. People are facing a lot of losses. And facing many losses. Previously it was seen that a gas fee of 12 to 15 cents was deducted for transferring a token and now a gas fee of 3 to 5 dollars is deducted. Therefore, we are all eager to reduce the Ethereum transaction gas fee, people will benefit a lot.

[ife2020]

I do not think there is any form of downfall for the etherum blockchain, it is widely adopted, utilized and used with its easy and advantageous smart contracts. Hence for a very long time, we are all engaged with etherum one way or the other.

[LifeOK]

Yes, this high transaction fee has increased so much that you have to pay a lot of dollars to transfer a token. For example, if a coin has to be transacted, it is seen that 3$ -5$ transaction gas fee has to be paid. People are struggling to transfer tokens. People are facing a lot of losses. And facing many losses. Previously it was seen that a gas fee of 12 to 15 cents was deducted for transferring a token and now a gas fee of 3 to 5 dollars is deducted. Therefore, we are all eager to reduce the Ethereum transaction gas fee, people will benefit a lot.

I'm suffering a lot recently for this high demand of the Ethereum transaction gas fees. Most cases transaction were failed and reverted but lost ETH as well. Its' weird to handle a long time, we want low fees.

[Coin63@]

Higher transactions fees already victimed us acutely. I have some coins in my Ethereum wallet but if I transfer it any exchange Wallet, it will cut fees more than coins /tokens value. So i decide that I never transfer it from Myetherwallet.

[Blue4]

Yes high transactions fees is a reason of ethereum price goes down this a bad news of ethereum based many new projects especially new airdrops , bounties I have many airdrop and Bounty tokens but it's transactions fees is higher than token value.

[Btceth01]

Yes, reducing high transactions is very important. Because for this high transaction fee today we cannot take coins from one place to another. You have to pay a lot of dollars to transfer. In this we have fallen into a lot of confusion. Not only us but people all over the world have fallen into a lot of confusion. So please wet this transaction is 70 percent down.

[Joyjoyce0]

There is no denying, the transaction fees on Ethereum platform are quite high right now. I spent above $2 on a $30 worth of Eth yesterday,  that's is too high. 

[Pirate]

I also hope this can happen, because the high ETH fees so far have made some investors and traders reluctant to carry out various transactions, hopefully in the future many will take over ETH.

[Rubel007]

High transaction fees will be the big problem to invest big in eather. The authority should look at the problem and find out why gas fees so high in ether. If it is continuing day by day the traders will kick ether one day so before the price decline solve the problem 

[TERMINO]

The high fee incident is serious problem to all small person in crypto who wants to send token from the wallet to exchange. $1 or $2 transaction fee is big enough and hard to believe to exchange the token into $10 or just $50. I hope Eth team will look at this problem and solve soon.

[Fenix]

The high fee incident is serious problem to all small person in crypto who wants to send token from the wallet to exchange. $1 or $2 transaction fee is big enough and hard to believe to exchange the token into $10 or just $50. I hope Eth team will look at this problem and solve soon.

It seems that the ethereum team and Buterin are taking measures to bring the gas level for transactions on the ethereum back to normal as soon as possible. However, it will be in a few more months, or rather in July. Buterin also said that the total renewal period for the ethereum network, which was previously calculated for two years, is being reduced.
Ethereum, although it lost a little in its image due to the problem with high transaction fees, and because of this, this coin now has a delay in price growth, but later it will catch up.

[Jaya60]

Ethereum is currently the biggest problem due to the excess of transaction fees. It is seen that the biggest problem of those who do bounty at present is the reason why more champion Etherium platform is not able to do any more transactions. Can actually do but no one is able to transact due to such extra transaction fees. In this way, if the transaction fees continues to increase, but the Etherium price will come down and lose popularity.

[NANCY]

Thank you very much sir for sharing such an important post with us. And I'm very happy and delighted to hear what you've discussed.Then there will be a lot of benefits at the present time and we will be able to transact in a very good way.This is a lot of good news for us.

[Senin]

There are problems in the ethereum network due to high transaction fees and they are really big. However, at the same time, they are temporary, and in a few months, already in July, they should be resolved as part of the improvements to Ethereum 2.0. Therefore, I do not think that anything will happen to ethereum in this short time. Because of these problems, ethereum is growing relatively weakly in price compared to the rise in the price of bitcoin. However, in the fall, I think this coin will catch up.