Ethereum Network Monstrous Transaction fees is a form of Greed!

[syedrasool2011]

What you are saying is right for me just take out your found from eth why because 900+ gwei is coming now is time take out your found with 600 gwei fees will go up more dont wait for fees can come down hope you understand

[TomPluz]

What just happened with the gas fees in the Ethereum network is really a big concern. This is not what all wanted and nobody is happy paying that much for the same service we are getting. Only Ethereum miners are so elated with this development. The problem is that Ethereum is excellent for many projects that leaving the network is not so easy to do. We should be demanding solutions to this problem.

[Noverteno]

Greed has nothing to do with the current high gas prices on the ethereum network. Most likely, the popularity and demand for ethereum and tokens on its platform has caused a great overload, the network cannot cope with the increased number of transactions. There is nothing to be done, we will expect improvements in Ethereum 2.0. They have to solve the ethereum scaling problem.

[hair]

There is nothing to be done, we will expect improvements in Ethereum 2.0. They have to solve the ethereum scaling problem.

Everyone hopes that ETH 2.0 will be a real solution when Ethereum's fees are always high. ETH performance must always be improved, especially in executing transactions.

[Lorix]

The increase in Ethereum gas fees is hurting those of us who are users. Because many small transactions are not possible. For example, if we want to do a transaction, we need a lot of fees. As a result, it is not possible to transfer any token of small amount. However, the distribution of some projects is currently stuck. Because they can't pay for the gas fee. That fee is not budgeted in many projects.

[bubbalex]

The current commissions  of the ethereum only show problems that were known long ago. PoW and low scalability do not give new technologies the necessary tools for development. Perhaps with the release of ETH 2.0 problem will be solved and then, the most popular smart contract platform is waiting for further success.

[Fivestar4everMVP]

In the past days Ethereum transaction fees was skyrocketed to the high as 500+ gwei and today's transaction fees was already reach 600+ gwei this is insane I hope more projects are moving out from Ethereum because its already too much there are other smartcontracts platform that quite promising and stable Transaction speed and minimal fees like Tron,Credits and other smart contract providers are the best option.

well, no one is happy with that current high transaction fees on Ethereum blockchain, but then, I don't see many projects migrating to other chains because ethereum blockchain has proven to be one of the best blockchains to write smart contracts on, to even prove this point, there are currently many projects springjng up and most are ethereum based, the solution to this menace is ethereum 2.0, i believe that should solve the high fees problem

[shadowdio]

Yes this is the problem of ethereum the fee can go higher. I hope that the ethereum 2.0 will resolve this problem but we don't know when will they release.. Well hopefully before end of this year.

[Black ID]

This really hinders the distribution of bounties and airdrops. I wonder why the project dev sticks with ethereum. With the expensive gas fee, this of course is detrimental to the project. And I hope that new projects can move away from ethereum in the future so that the distribution process is smooth and mutually profitable.

[I-Bit]

What do you think of greed itself? In this situation, the eth gas fee is very high because of some problems such as the plan for ethereum 2.0. Additionally, the market condition in which the price increase significantly some period ago also influence the increase. Well, moreover about the crypto condition right now, I think it is usual if they increase the fees. However, I am personally also feel bad about the fees.

[Altcoin1998$]

Ethereum network monstrous transactions gas fees kills Ethereum popularity. I can't transfer my Erc20 assets due to the Ethereum transaction high gas fees. My tokens value 10 dollars gas fee more than token value... What a monstrous!!!

[Octoalts]

The density of transactions on the Ethereum Blockchain makes people who transact on the platform have to install high gas so that their transactions can be processed faster.  This is what causes Delivery fees on the Ethereum Blockchain to soar so high.