ETH GAS FEE IS DOWN 70%

[Quantum X]

It's just a while when eth transaction fee is too high. Anyway it's good to hear that because I was very disappointed because of the high of gas fee.

[Absolutep]

It is a great move and a welcome development if I may say. It is so annoying seeing the gas fee lately, at time you feel like this is out of normal. It has been difficult to transact with little amount of ETH.

[sidik7]

finally , the gas fee fell went down so that the ERC20 tokens we had could be sold on the market from some time yesterday the gas was very high so this is make all bounty hunter happy to hear that.

[LifeOK]

It is a great move and a welcome development if I may say. It is so annoying seeing the gas fee lately, at time you feel like this is out of normal. It has been difficult to transact with little amount of ETH.

YES! It was weird to watch such big gas to make successful transactions, finally i can see gas fee comes to clam period.

[babu10]

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.

If it does i think ts good move from team of ETH coin. Actually last some days ETH gas fees was very high that was problematic for traders and bounty hunters. I did not see such kind of fees from 2017 when i engaged forum. Normally we have to move two times of coin if we do any transaction and where if i lost 5$ that is unexpected. So here everybody hope it will go previous position very recently.

thanks.

[trauchot]

The price of transactions on the Ethereum Blockchain is gradually decreasing and this is very good, because no one wants to pay 5-10$ per transaction, so while transactions are expensive, I try not to make transfers.

[Cryptoz]

Seriously? If it is true, it is so relieved, after having a very high transaction fee (gas fee), I personally do not try again yet about sending the token into exchange because it costs very high. I think I need to check it again after all in order to get the best gas fee for withdrawal.

[LogiC]

At least the gas fee is now receeding. If there is blockchain that I would love to support and invest with. I'll make sure that they not spend too much fee or better if there is no fee on the process.

Anyone here know a product service? Or blockchain that literally has no fee or very small with a lot of supported market and even other blockchain.

[Fenix]

Well, that's good to hear that. Recently, there have been many complaints about the high gas charges when moving ethereum and its tokens. It is even possible that this circumstance was one of the reasons for the current drop in the ethereum price. At this time, I even tried to make such operations less. I hope that now everything will be back to normal.

[gunhell16]

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.

For me, as an ETH holder, I think it won't affect me at all. Instead, it could be still good to all of us to hear this, I don't
know if I am saying the right things here in the forum. But anyway this is a good chance I think on some other side I guess.
Have a good day.

[Gurjasmeet Singh]

Yes,I think it's a good decision. Think gas fee very high in the past time. The results was effected  & Investors was disappointed that time.because no one want to  pay high fee of the transaction. So it's a good sign for the inventors.

[ashraf786100]

The good news is, honestly, Ethereum is working on a net blockchain for Ethereum Networks, and I'm looking forward to going to another blockchain, but I'm not going to stay in the Ethereum and keep up to date.

[Senin]

We expected something similar from the ethereum team, however, perhaps not so quickly. It's nice to see that the problem was resolved so quickly. They did not even wait for the implementation of Ethereum 2.0 improvements, which should radically solve the problem of scaling. This is further evidence that the ethereum team is doing well.

[Rafiq]

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.

  As we find in the forum discussion, the etherium gas-fee has been reduced by 70 percent. It's really sad if it doesn't happen in reality. However, I believe that even if the etherium gas-fee is not reduced by 70 percent, it will be significantly reduced. I believe it will be good for everyone.

[Nostoman]

At a time when ethereum gas is free, ERC-20 tokens are under threat. Because every moment is a transaction. These transactions are currently declining. Many are unable to transfer due to low volume. Because he doesn't see any dollars in his account. So especially those who trade less $ they are now struggling to transact. As a result, the user is being harmed. I think this is a big problem.