ETH GAS FEE IS DOWN 70%

[hushpupppy]

Ethereum made an announcement to add OMG as a support for USDT transaction. over 1miilion usdt worth was move to OMG network a second layer network built in ethereum blockchain. it has been discovered that recently, the ethereum gas fees has drop significantly. it is a good move that will encourage users back to the ethereum Network.

This is a good move for every crypto currency users and etherum smart contract creators. The freedom that the OMG partnership has brought cannot be overstated and it shows that the etherum blockchain has everyone interest at heart.

[Jaephoenix]

If this is true, then its a most welcome piece of news. I cannot make any useful trade without being hampered by the gas price

[Debasco]

its a good news oo, imagine 13$ worth ethereum as gas fee, its very bad, it is good they observe that early, they will have loose almost half of their users, because of that have not use it in recent time, with these i think i will start to use them back.

[ryap12]

Even though the gas fee decreased compared to last week, it is still high. I do not want to make a transaction for a dollar unless it is very important. It is true that crypto-users have laid low in using the ethereum network.

Right now here are the ranks from https://ethgasstation.info/ where Uniswap leads followed by TUSD and Forsage(Scam).

[labonikhatun]

ETH Gas Fee 70% Down This is very good news but in case of increase in the price of ethereum  it may be solved very soon blockchain technology has reduced gas fees so much for executing contracts with various companies. This is much better for investors.

[Rakin343]

The biggest problem is the ethereum transaction gas fee. At present the transaction gas fee has increased so much that people have to pay a lot of dollars to transact any token. Transacting a small amount of dollars is very expensive. However, if the gas fee is reduced by 70%, it will be much better.

[@chison]

This is good because trx was beginning to be a big competitor. Intact I love trx transactions cost you a penny to move huge amount of money. ETH should wake up to this

[Andruha1993]

Yes, this is very good news for me personally. Because I'm tired of seeing high gas prices when sending coins. I think this is not the limit. It will become possibly even smaller.

[Salman Hasan]

this is a major problem now, the rate at which the gas fee is so jow is very alarming, am having trouble sending out some few tokens to exchange for sell because the gas fee will eat up the worth of the token, such a sad situation for eth.

[lepbagong]

Yes, this is very good news for me personally. Because I'm tired of seeing high gas prices when sending coins. I think this is not the limit. It will become possibly even smaller.

changes have occurred but I don't see that the gas returns at first and it is still quite expensive, I just tried it and it looks like there has been no significant improvement, hopefully with continuing complaints there will be changes that are desired.

[TERMINO]

With the decreasing fee, ethereum will always be preferred in the ERC-based transaction platform. Bounty Hunter is not burdened with high gas fee.

So far, Ethereum fee is high. The payment decrease should take effect when everything in ethereum reshaping has been done. But for now, I think there are some difficulty because of eth 2.0 is under the process

[Confero]

This is what everyone who has been using Ethereum has been waiting for, because some time ago the cost of Ethereum Gas was indeed very expensive and it was very burdensome.  With this announcement, people will be even more happy with Ethereum.

[Rafiq]

Gas fees for etherium transactions have risen sharply lately. It is costly and annoying for the users. As a result, many are thinking of moving to another low-cost blockchain like Tron instead of the Ethereum network. Now if Ethereum's gas fee is reduced by 70%, I think Ethereum network users will stay, it's a good initiative; It will benefit both.

[shadowdio]

oh really? well at least gas fee is down I hope that it will continue to go down. Hopefully when eth 2.0 is released we will not face this so much high gas fee in the future.

[Rain075]

Ethereum's gas-fee 70 percent didn't go down. Today, when I went to do a token transaction, I saw that gas was being cut free as before. If 70 percent of the gas had been down, the fee would not have been cut as much as before. If the gas fee is reduced by 70%, it will be much better. This will save people from a lot of suffering. Due to this gas fee, people are not able to transfer your tokens properly.