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Author Topic: Ethereum gas price ridiculously high  (Read 27214 times)

Offline wawan96

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Re: Ethereum gas price ridiculously high
« Reply #105 on: February 06, 2021, 04:09:27 AM »
ethereum 2.0 does not solve the gas fee problem at all, instead, it creates problems for all vitalik ethereum investors such as leaving all this alone there is no solution to solving the gas problem, for now, it has been going on for years and continues the gas problem never has a solution for the future.
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Re: Ethereum gas price ridiculously high
« Reply #105 on: February 06, 2021, 04:09:27 AM »

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Re: Ethereum gas price ridiculously high
« Reply #106 on: February 06, 2021, 04:44:12 AM »
yes it is true that the current gas price was very high yesterday gas touched $ 25, what with the increase in etherum gas prices also went up, if this is so etherum could lose its popularity, since the launch of ETH 2.0 this has not provided a solution to overcoming gas prices  very high, until when will this continue?  This must be handled as soon as possible by the etherum team if etherum does not want to stay with investors.
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Offline Coin63@

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Re: Ethereum gas price ridiculously high
« Reply #107 on: February 06, 2021, 07:46:30 AM »
Why Ethereum authorities cannot control excessive amount of Ethereum network fees ? Many bounties campaigns hunters don't transfer little amount due to excessive amounts of network fees. Today I have to access myethereumwallet wallet to transfer DIA Token to binance wallet but alas gas Fees more than my dia value.

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Re: Ethereum gas price ridiculously high
« Reply #108 on: February 06, 2021, 10:20:29 AM »
Truly, I had this experience recently and I was shocked cause of the gas limited I was charged, and that will affect me in withdrawing my altcoins in my Etherwallet. On instant transactions, I guess that's why it will cost much. It will take time for a low gas limit for the transaction to be successful.

Offline Shut_up

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Re: Ethereum gas price ridiculously high
« Reply #109 on: February 06, 2021, 02:48:49 PM »
this is no problem with vitalics.
the cause of rising gas fee prices is that ethereum is currently going up very high in price and its heavy usage causes gas fee prices to rise high.
actually there is a way out other than using ethereum to transact, namely tron. tron has very low transaction fees and is no less fast than ethereum.


However, investing in Ethereum is very exciting ;)
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Re: Ethereum gas price ridiculously high
« Reply #110 on: February 06, 2021, 03:36:30 PM »
Why Ethereum authorities cannot control excessive amount of Ethereum network fees ? Many bounties campaigns hunters don't transfer little amount due to excessive amounts of network fees. Today I have to access myethereumwallet wallet to transfer DIA Token to binance wallet but alas gas Fees more than my dia value.

Ethereum authorities have no control over gas fees. They are still using old version of Ethereum1.0 which has a lot of limitations like
1. It's proof of work.
2. Slow network (it needs enough time to be confirmed)
3. Scalability limited. (Don't make many transactions per second)

But after fully completed of Ethereum2.0, we will get solution from it that we are facing now.

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Re: Ethereum gas price ridiculously high
« Reply #111 on: February 11, 2021, 06:27:24 AM »
The price of etherium gas has been rising at a massive rate but I do not know what is the reason for the sudden rise in the price of this etherium gas. If any senior brother knows why the gas fee is so high and the reason for it, then he must help us. As the days go by, the price of Indian gas is seen to be ridiculously high.

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Re: Ethereum gas price ridiculously high
« Reply #111 on: February 11, 2021, 06:27:24 AM »


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Re: Ethereum gas price ridiculously high
« Reply #112 on: February 18, 2021, 05:14:01 PM »
The price of etherium gas has been rising at a massive rate but I do not know what is the reason for the sudden rise in the price of this etherium gas. If any senior brother knows why the gas fee is so high and the reason for it, then he must help us. As the days go by, the price of Indian gas is seen to be ridiculously high.
You should pay attention to the constant growth in demand for Ethereum. Plus, the platform is overflowing with usdt transactions and defi projects, which practically take up most of the bandwidth of the Ethereum network. to date, the only explanation for what is happening is the increased use of the Ethereum network, which exceeds the pace of development of the platform.
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Re: Ethereum gas price ridiculously high
« Reply #113 on: February 18, 2021, 05:27:26 PM »
@Carbitcoin you're right. But at some point we will have to find a solution, otherwise users and teams with new projects will not be able to do practically anything in Ethereum. There are already many who are going to the Tron blockchain for the speed and low transaction fees, and if this remains the same every day it will be more expensive and more people will leave.
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Re: Ethereum gas price ridiculously high
« Reply #114 on: February 18, 2021, 06:03:57 PM »
Ethereum is now the most popular cryptocurrency after Bitcoin. Ethereum is gaining popularity day by day.There are many benefits to using this etherium which is why people are attracted to etherium day by day. However, the biggest problem with this etherium is its excess gas free.Its gas free has increased so much that sometimes you have to draw with money from your own pocket.
Of the cryptocurrencies, I personally prefer Ethereum. But the big problem right now is the high gas fees for etherium; Which, of course, made the video an overnight sensation. While many are forced to think about using other platforms, I myself am often forced to think about using TRX or something other than Ethereum to transfer money. I hope Vitalik will take action soon.
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Offline Fadhilz123

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Re: Ethereum gas price ridiculously high
« Reply #115 on: February 18, 2021, 11:11:23 PM »
I just tried moving some token from my wallet and realized gas fee is 275 gwei, how can gas fee be ridiculously high. What is making it so high everyday. I think if Vitalik don't do something about this, people will start dumping ethereum. This upgrade of ETH 2.0 better solve this gas issue.
In November and December I used to transact with 20 gwei.. and now?? Sad

You just need to wait until the fee is reduced, I also always monitoring gas prices because I have a token to claim. But recently I never found gas gwei below of 90. I already waiting almost 1 month. So sad with the Ethereum blockchain.

People already turn to BSC, and also many projects doing token migration, If Ethereum founder can solve this big problem, In the future Ethereum cant compete with other projects

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Re: Ethereum gas price ridiculously high
« Reply #116 on: February 19, 2021, 11:20:51 AM »
Currently mainly due to gas free The biggest problem of all.So if gas free was reduced then all It would have been much better for investors Then there would be no more problems.We have our tokens because we have more gas free Can't sell.

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Re: Ethereum gas price ridiculously high
« Reply #117 on: April 26, 2021, 05:51:36 PM »
The Ethereum platform has already solved the problem you mentioned If you want, you can try trading from the Ethereum platform now.Because at present Ethereum's transaction fee is very normal
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Re: Ethereum gas price ridiculously high
« Reply #118 on: April 27, 2021, 01:24:12 PM »
The Ethereum platform has already solved the problem you mentioned If you want, you can try trading from the Ethereum platform now.Because at present Ethereum's transaction fee is very normal

It seems resolved yes, and I say "it seems" because although I have been looking for information about it for several hours, I have not found any official source that says that the solution is permanent and that it is not only due to a lower demand for Ethereum. I'll keep looking, but I don't think the problem is really solved.
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Re: Ethereum gas price ridiculously high
« Reply #119 on: April 29, 2021, 03:42:15 AM »
Ethereum is very stubborn about lowering the cost of GAS transactions but Ethereum has something really good for bouncing back up.
The proof is that now Ethereum is still the best in the market and is ranked number one on Coinmarktcap.
I think GAS is just a sweetener from Ethereum in order to have a rival from other altcoins, LOL
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