Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Ethereum Forum => Topic started by: bambam on July 12, 2018, 06:04:32 PM

Title: Does ETH has a future if the transaction cost keep rising ?
Post by: bambam on July 12, 2018, 06:04:32 PM

today a transaction of mine for 4 Gwei - 0.43$ was dropped. I feel something is wrong here, the Ethereum blockchain is going to become like bitcoin.
The Ethereum blockchain is supposed to be a platform allowing the launch of Applications ... with such a rising price do you think there is a future for ETH ?

Title: Re: Does ETH has a future if the transaction cost keep rising ?
Post by: CryptoZenWorld on July 12, 2018, 08:09:05 PM

I think if ethereum continue with the trend, i am sure that they will lose the popularity due to slow transaction and high transaction fee. There is already an alternative to ETH in the market. Maybe people could shift to EOS.

Thanks.

Title: Re: Does ETH has a future if the transaction cost keep rising ?
Post by: Ahmadamin12 on July 13, 2018, 03:10:55 AM

Ethereum memang untuk masa depan karena Ethereum sangat berpotensial untuk masa depan masyarakat karena dengan adanya Ethereum orang yang tidak mampu ekonomi nya bisa menjadi orang sukses

Title: Re: Does ETH has a future if the transaction cost keep rising ?
Post by: Nanagyasi on July 13, 2018, 05:02:07 AM

I think the current rise in transaction cost on the Ethereum blockchain is due to the congestion on the network. I don't think it is going to be permanent and hence wouldn't affect the Ethereum use.

Title: Re: Does ETH has a future if the transaction cost keep rising ?
Post by: sugarchrisp on July 13, 2018, 09:46:07 AM

Did high transaction costs hurt BTC any?  Maybe some, but it doesn't keep it from staying dominant.