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Author Topic: Do you think the extra gas fee is the only obstacle to improving ether?  (Read 10522 times)

Offline masudginanjar

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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #45 on: April 29, 2021, 03:33:02 AM »
It is a problem for gas costs from Ethereum, but I am sure that in the future Ethereum will also be the best by reducing its GAS costs.
But it depends on the density of transactions carried out by traders on the Ethereum blockchain because the denser it means the more expensive the GAS costs.
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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #45 on: April 29, 2021, 03:33:02 AM »

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Offline piqulhdt28

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Re: Do you think the extra gas fee is the only obstacle to improving ether?
« Reply #46 on: April 30, 2021, 06:29:23 AM »
I think the high cost of gas will hinder ethereum's future progress, yes because now we see a lot of new crypto switching to the trx and bsc platforms which are cheaper than the high cost of ethereum gas.

I think the team needs to fix things right away before all the ethereum fans move to other places.

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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?


Of course , In such a situation I  think that the excessive gas fee is the obstacle for its improvement. but It is the problem should be happen at crypro market, because etehreum price is going strong now. Current Ethereum price is $ 2,874.
It seems easy to hit 3K USD soon.
I think many big brothers here have predicted about this situation, and I hope Ethereum team, VB and the team will have good solution by for this problem.
High Gas fee always be the problem.
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If ethereum developers fails to find a lasting solution to the high cost of gas for transactions consequently, this may lead to massive diversion to other network like BSC Binance Smart Chain or TRON network by new developers those networks transact with a lower gas fee, however I believe when ETH2.0 is rollout the issue of high gas will be resolved once and this will improve their network invariably attract more projects

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Although the transaction fees have been reduced considerably, I don't know if it is a final solution or just a temporary thing. The fact that the July hard fork is not canceled (I have not found any news about any cancellation) makes me think it is temporary, but I am not entirely sure. I hope there is an official statement from the developers to clarify any doubts.
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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?
Before this crazy ethereum gas fee I dont think there was any problem and that investors where complaining about Ether until we started experiencing the high gas fees. I truly believe that if this issue with high gas fee is resolve, ethereum investors using the network will have nothing to complain about.

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It is not because of uts unique name or not. But,  Ethereum is the most used platform smart contracts with its good rpoject and development.  Additionally,  this has big community and users.
However the obstacles right now are about the high fees for transferring and also this platform can be easily used by scammers to create a new token.

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Ethereum platform to move forward in the future. Because many have already abandoned this Ethereum platform to other platforms One of the reasons for this is that Ethereum is free of additional transactions Ethereum has any problems, since expensive transactions do not bother millionaires and billionaires, of course, for most people, expensive transactions on the Ethereum blockchain

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The main reason for the increase in Ethereum price is the reduction in Ethereum's transaction fees. Ethereum prices are rising despite the cryptocurrency market being down at this time. We therefore understand that Ethereum's high transaction fees have a detrimental effect on Ethereum Price. I believe the Etherium price will definitely rise and hit 5,000 dollars.
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In ETHEREUM High Gas fee has brought him into disrepute.AS a coin it is growing in Good way.But as NETWORK it is losing its usefulness .Taking advantage of this, BSc Chain came into being.I Think ETH Developers delaying to upgrade its network so that They can collect more and more EThereum. It's been  more than 6 months if they want they can develop it in less time .Now their plan to upgrade it in July month.

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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?

If course, hug gas fee is not good for improvement.
I have read many opinion about high gas fee, we all waited the gas fee go down , then we can do transaction.
I see many investors complaint about it.
I also think,  until when .
I hope project team will have good solution.
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Ethereum is the second most important currency in the cryptocurrency market. Ethereum occupies a huge place in the cryptocurrency industry. Has now reached its peak. It is hoped that in the future investor traffic and transactions of various organizations will greatly increase the popularity of ethereum. So ethereum will become a popular currency all over the world.

Offline Rifan Khan

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Ethereum is the second largest cryptocurrency marketer.  Ethereum and BNP have occupied the cryptocurrency market.  And the price of bitcoin will increase in good quality.  So in a word, Ethereum will become a popular currency in the future.

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Casino & Sports Betting
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B O O S T E D
R E W A R D S

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FOR CRYPTO PLAYERS
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DOGE
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Offline Muneeb22

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    Third year Anniversary Second year Anniversary Mobile User
Gas fee is high at that time and they improve now the gas fee and now we pay the low fee and i think the main reason of the gas high fee is just to improve his services.

.FX..BOX.
 
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INVESTING, TRADING,
LOTTERY, MARKET
PREDICTIONS.
 
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GAMEFI  ◼  NFT  ◼  DEFI  ◼  CURRENCY TRADING
CURRENCY TRADING  ◼  DEFI  ◼  NFT  ◼  GAMEFI
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.FOREX..TRADING FROM $1.
 
.READ MORE.

Offline Tubelight

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I think that one of the obstacles in the way of increasing the price of Etherium is the fee transaction of Etherium. We all know that Ethereum platform transactions are much more fee than other platforms. As a result people are shifting from this platform to other platforms day by day. I think the Etherium community should pay attention to this issue.
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