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Author Topic: ETH Gas Fee Is Double Now.  (Read 7211 times)

Offline Fawpac2

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Re: ETH Gas Fee Is Double Now.
« Reply #15 on: March 20, 2021, 09:01:22 AM »
Yes we have seen that at present the etherium transaction gas fee has increased so much that one has to pay a gas fee of 40 to 100 dollars or more to take a coin from one place to another.  In that case, we would not be able to move from one place to another to sell coins.  We are all hopeful that Ethereum's gas fees will be greatly reduced.
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Re: ETH Gas Fee Is Double Now.
« Reply #15 on: March 20, 2021, 09:01:22 AM »

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Offline Review Master

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Re: ETH Gas Fee Is Double Now.
« Reply #16 on: March 20, 2021, 09:40:33 AM »
So transaction fees are increasing gradually, no sign of decrease soon until 2.0 completed and new version finally implemented.

Maybe we don't need to wait untill the full implemention of ETH2.0 as ethereum devs are going to make a hardfork where EIP1559 (Ethereum Improvement Proposal 1559) will be implemented. By that hardfork/ network update, there will be two types of transection fee, one is Base Fee and second one is Miner tip. Also block size will be incrased by that hardfork which will help the network to do more transections than now. So, we just need to wait until July when this EIP1559 will be done.
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Re: ETH Gas Fee Is Double Now.
« Reply #18 on: March 20, 2021, 04:51:11 PM »
We are currently seeing a lot of gas free cuts.  Gas free is increasing so much that we have to pay a minimum of 40 40 to more than 100 100 to move from one place to another.  So I think the reduction in etherium gas free will increase.
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Re: ETH Gas Fee Is Double Now.
« Reply #19 on: March 20, 2021, 05:25:15 PM »
You're right bro, I don't understand why this is happening. At present ETH gas free double is deducted if any senior brother knows or if any junior Brother, if you know, then of course members like us will get a lot of help or help.
I beg your pardon, my friend, could you explain what exactly you wanted to say with your message, otherwise I have read your post several times and cannot understand the essence of your thought.

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Re: ETH Gas Fee Is Double Now.
« Reply #20 on: March 20, 2021, 11:46:06 PM »
I still remember when the gas fee is very low, I really support the ERC20 token because this is the lowest fee for transactions or withdrawal. At that time, I only needed a few dollars, no more than 3$ per transaction.
But now, I need always more than 7$ even I only sned a small amount of ERC20 token or Ethereum.
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Re: ETH Gas Fee Is Double Now.
« Reply #21 on: March 21, 2021, 12:01:26 AM »
There is a strong debate regarding Etherum price with some predictions in the range of 20 k Because of an etherum improvement proposal (EIP) there is an article on this i came across have look
https://beincrypto.com/eip-1559-send-ethereum-prices-20000/
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Re: ETH Gas Fee Is Double Now.
« Reply #21 on: March 21, 2021, 12:01:26 AM »


Offline sampoerna

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Re: ETH Gas Fee Is Double Now.
« Reply #22 on: March 21, 2021, 11:18:24 PM »
About the gas fee of the Ethereum platform, we cannot ignore it. We know that every day, the gas fee of Etherum and also ERC20 tokens always increase so highly. It is more than twice higher and it is much higher and higher. I can spend more than $10 only for a withdrawal fee from my wallet. And more amount to withdraw from exchanges.

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Re: ETH Gas Fee Is Double Now.
« Reply #23 on: March 21, 2021, 11:57:49 PM »
ETH gas fees are really expensive now, it is because of no progress from the Ethereum platform to handle this problem. But I heard it will be fixed soon after the Ethereum platform launched its new program. Let's see if it can make people who use Ethereum or ERC20 tokens be satisfied. I also expect to be satisfied with the programs.
« Last Edit: March 22, 2021, 12:05:34 AM by Prime »
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Offline Damrai5$

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Re: ETH Gas Fee Is Double Now.
« Reply #24 on: March 22, 2021, 02:55:15 AM »
At present, Etherium transaction fees have actually increased several times. So the big problem is that there are a lot of bounty people who see that bringing a campaigner through the Ethereum platform costs a lot more gas to distribute tokens. That's why no Campion Ethereum is launching through the platform. Now let's see what the etherium gas fee will look like in the future.

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Re: ETH Gas Fee Is Double Now.
« Reply #25 on: March 22, 2021, 04:03:46 AM »
I don't want to say anything new about Ethereum's gas fee. Because of Ethereum's gas free, I couldn't make a token transaction a few days ago, for which I now have to pay compensation.I don’t understand why the Ethereum community is increasing their transaction fee so much.
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Offline shadowdio

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Re: ETH Gas Fee Is Double Now.
« Reply #26 on: March 22, 2021, 06:55:19 AM »
I don't know what exact time that will low the gas fee.. you should check always the gas fee because sometimes the gas fee will go down. The ethereum gas is really insane, I hope the team will resolve this or else I don't know what will be the future of ethereum..

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Re: ETH Gas Fee Is Double Now.
« Reply #27 on: March 22, 2021, 10:50:52 AM »
no one knows exactly when gas prices will be low, but some say they are waiting for the release of eth20, which is not yet released, just wait.
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Offline Ak600

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Re: ETH Gas Fee Is Double Now.
« Reply #28 on: March 22, 2021, 04:15:10 PM »
ETH gas fee is double now and this is not good becasue at first we pay the low fee but now almost we pay the 12$ to 15$ on each transaction and this is not good. Can anyone know on what time the ETH gas fee is low?
Yes, there is no benefit in transacting on the current Ethereum. The fridge for any current transaction is cut from 10 to 15
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Offline Ak600

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Re: ETH Gas Fee Is Double Now.
« Reply #29 on: March 22, 2021, 04:19:19 PM »
It is not possible to take the current Ethereum gas fee so much for this gas fee.  However, we are hopeful in the future that these gas fees will be reduced very soon.
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