Gas fee on ethereum

[bayiajaib]

The unknown person paid $89,000 in fees to transfer 0.87 ETH.
.....

Wait, is this an error on the part of the ETH sender?
Or is this just manipulation from above that causes transaction fees on the Ethereum chain?

Logically, if I am going to send ETH, I will definitely ask for approval to send it and see the Gas fee used, did the ETH sender see the previous higher fee and immediately approve it?

Yes, we have to agree to the fees that will be charged in the transaction, if we do not agree to it, the transaction will not happen. Maybe it is carelessness that makes someone just send without reading how much the transaction fee is. This must be considered in making crypto transactions, be careful and really understand every command in the transaction.

As you concluded, for transactions like that is very odd because it sends a little funds but the cost is dozens of the funds sent. Do you think the transaction is suspicious?

0.87 ETH worth 2400 dollars with a transaction fee of around 89000 dollars, this is funny, strange and how can it be like that?

Reading your comments is correct, this is a strange transaction. And this is the first time I see it. I agree with both of you, why should we agree to a transaction fee that is tens of times greater than the assets we send. This is really strange.

[famososMuertos]

As a newbie, etheruem blockchain may not be suitable options when carrying out transactions except you huge capital or you love token listed on its blockchain. There are other blockchain options to get fairer transaction fees, but it depends, firstly on your chosen tokens, and secondly, the level of your capital
You can also dive into other chains to get some exposure and compare fees. This just my thoughts and it is not a financial advice to buy coins/tokens outside your choice

What relationship does being a newbie and the capital of this individual have with the ETH network, none.

I think that this whole idea that a fee is expensive or cheap is related to the low individual activity of many users who have never made an international transfer in their life and in the case of the fees of the relative rates that should not exceed 1% to 3% on the correct average of what you should pay, then, if you have the priority to send, it based on 5%-4%.

That's all, that's why the ETH network, which had a collapse with the Gas Fee, survived, because individuals immediately adapt to those factors, that's all.

[Wiseman]

this topic has been discussed many times on many forums and everyone has many different opinions But in fact, when some sharp sales happen, there is no point at all in looking at the price of gas because if you don’t buy some coin at this very moment, you won’t earn anything And even if it turns out that you can give 50-100 dollars for gas, that’s okay It means you’re ready to give this money for them Well, you give such a lot of money because you want to earn a lot of money too This can be called business as usual and nothing more.

[kai]

The unknown person paid $89,000 in fees to transfer 0.87 ETH.
.....

Wait, is this an error on the part of the ETH sender?
Or is this just manipulation from above that causes transaction fees on the Ethereum chain?

Logically, if I am going to send ETH, I will definitely ask for approval to send it and see the Gas fee used, did the ETH sender see the previous higher fee and immediately approve it?

Yes, we have to agree to the fees that will be charged in the transaction, if we do not agree to it, the transaction will not happen. Maybe it is carelessness that makes someone just send without reading how much the transaction fee is. This must be considered in making crypto transactions, be careful and really understand every command in the transaction.

As you concluded, for transactions like that is very odd because it sends a little funds but the cost is dozens of the funds sent. Do you think the transaction is suspicious?

0.87 ETH worth 2400 dollars with a transaction fee of around 89000 dollars, this is funny, strange and how can it be like that?

.... why should we agree to a transaction fee that is tens of times greater than the assets we send. This is really strange.

I have a question for you, can this Ethereum gas fee be manipulated by 2 wallets who send Ethereum coins?
Because when referring to what is said by @nikefit_7777 is very likely to be manipulation but can this blockchain be manipulated?

[Doan9269]

I use to advise on this that as long as you're making use of the Ethereum network, you will have to understand that the network of Ethereum has its own special fee customized for the rate it charges being different from what many others are charging, but what keep on surprising me is the fact that despite this high gas fee, many new projects were still using their network all because they wanted their users to hold their coins or tokens.

[Gurujebs]

I use to advise on this that as long as you're making use of the Ethereum network, you will have to understand that the network of Ethereum has its own special fee customized for the rate it charges being different from what many others are charging, but what keep on surprising me is the fact that despite this high gas fee, many new projects were still using their network all because they wanted their users to hold their coins or tokens.

Ethereum is more secured than any other EVM network you can ever think of. In addition, Ethereum has community that turn up for projects and support them unlike other network communities that are known for rug and scam and the community don't support little projects that want their support.

Another reasons is ethereum network fee is high compare to others and that even discourage scammers from trying to inflate their malicious activities into the network, they rather stay in places where fees are low and thats why you see that Solana is one of the cheapest place many scammers exist especially the meme communities.

[Manna]

I thought that eth solves this high fees already due to transitioning to PoS? But it looks like it doesn't help at all. Fees are still usually very high.

Anyway, you can follow what bitmover suggested above. There are many wallets that offers cuztomizable fees.

Yes, when Ethereum moved to Proof of Stake (PoS), it tried to reduce gas fees in some cases, but gas fees can still be high at times.  PoS essentially increases the energy efficiency and security of the network, but it is not a complete solution to reducing gas fees.

 Some points related to fees:

 1.PoS Upgrade: While Ethereum's PoS upgrade (such as Ethereum 2.0) is intended to improve the scalability and performance of the network, further improvements may be required to reduce fees.

 In addition, there are various proposals and technological upgrades to reduce Ethereum fees that may be implemented over time.  It depends on market conditions and technological developments, so you can always try to control your transaction fees by using the latest information and tools.

[salad daging]

Another reasons is ethereum network fee is high compare to others and that even discourage scammers from trying to inflate their malicious activities into the network, they rather stay in places where fees are low and thats why you see that Solana is one of the cheapest place many scammers exist especially the meme communities.

See now Ethereum network fees are already low even below 1 GWEI now.

Fraud is always everywhere even though the ETH network which used to be high, there are still many scammers spreading there they have capital because it is certain that they will get their victims.

So now feel relieved because the fees are getting lower again.

[vegasus]

See now Ethereum network fees are already low even below 1 GWEI now.

Seriously, this is true. Wow, I'm really surprised by this, it's really low. Even though Ethereum gas fees are known to be quite expensive, but indeed in this season, it has changed after layer 2 and some developments in Ethereum itself. It should be like that, otherwise, the Ethereum network will be left behind by its competitors. Even now, besides Tron, BSC, and Solana, TON Network is also growing. This will be a tight competition again now, it's just a matter of which one provides a much greater influence and benefits, as well as much better project development, so that it can attract more new devs to use their network.

https://etherscan.io/gastracker

[dekafee79]

Another reasons is ethereum network fee is high compare to others and that even discourage scammers from trying to inflate their malicious activities into the network, they rather stay in places where fees are low and thats why you see that Solana is one of the cheapest place many scammers exist especially the meme communities.

See now Ethereum network fees are already low even below 1 GWEI now.

Fraud is always everywhere even though the ETH network which used to be high, there are still many scammers spreading there they have capital because it is certain that they will get their victims.

So now feel relieved because the fees are getting lower again.

Yes, ethereum seems to have solved its problem by lowering the gas fee. This is very good for us. Because for years we have always seen and many people complain about the high gas fee of ethereum.
Talking about fraud, it doesn't really matter whether the gas fee is high or low, because we also see fraud in the same

[salad daging]

Another reasons is ethereum network fee is high compare to others and that even discourage scammers from trying to inflate their malicious activities into the network, they rather stay in places where fees are low and thats why you see that Solana is one of the cheapest place many scammers exist especially the meme communities.

See now Ethereum network fees are already low even below 1 GWEI now.

Fraud is always everywhere even though the ETH network which used to be high, there are still many scammers spreading there they have capital because it is certain that they will get their victims.

So now feel relieved because the fees are getting lower again.

Yes, ethereum seems to have solved its problem by lowering the gas fee. This is very good for us. Because for years we have always seen and many people complain about the high gas fee of ethereum.
Talking about fraud, it doesn't really matter whether the gas fee is high or low, because we also see fraud in the same

Yeah a lot of the community complained about the high ETH gas fees a few years ago and even gwei can be 100 more if it's a crazy fee increase, so now we can enjoy lower fees, meaning there is no heavier burden when making transactions on the Ethereum network.

[erus]

When I first found out the cryptocurrency that was in my environment discussed how difficult they were to look for Ethereum fees that were getting more and more expensive, is this because of the effects of Ethereum which every day the price rises? Maybe when viewed from the first for the cheap Ethereum, the price of the fee is also cheap, but if Ethereum is expensive then for the fee it is also expensive, is this the law of conservation of Crypto trade?

[dekafee79]

When I first found out the cryptocurrency that was in my environment discussed how difficult they were to look for Ethereum fees that were getting more and more expensive, is this because of the effects of Ethereum which every day the price rises? Maybe when viewed from the first for the cheap Ethereum, the price of the fee is also cheap, but if Ethereum is expensive then for the fee it is also expensive, is this the law of conservation of Crypto trade?

ethereum gas fee is currently cheap my friend, you can check it. It seems that the ethereum team has made a lot of improvements so that they can solve this problem. so we don't need to complain anymore about the expensive gas fee.

[Bobcrypto]

Use the electrum fee tracker as already mentioned will help including the kind of wallet you're using which may permit for making adjustment on any fee, however we must never forget that we may likely not to see the Ethereum network fee as the same as we have in other networks like bitcoin and TRON network, which also indicated that no matter how low you have it with Ethereum network, it may not be as low compared to other networks.

I am wondering why the etheruem network transactions fees is continuously very high, compare to other networks fee.
I wish I can get a genuine reason for this high gas fee all the time because it look like there may be no end to this high fees. When I heard that etheruem network has migrated to POS I thought that the transaction fees will be reduced but fees remains the same.
It is very clear why new start projects are moving to other networks, new projects can't afford the etheruem fees when sending their native token to investors/users.

[erus]

When I first found out the cryptocurrency that was in my environment discussed how difficult they were to look for Ethereum fees that were getting more and more expensive, is this because of the effects of Ethereum which every day the price rises? Maybe when viewed from the first for the cheap Ethereum, the price of the fee is also cheap, but if Ethereum is expensive then for the fee it is also expensive, is this the law of conservation of Crypto trade?

ethereum gas fee is currently cheap my friend, you can check it. It seems that the ethereum team has made a lot of improvements so that they can solve this problem. so we don't need to complain anymore about the expensive gas fee.

Why can you say the cost of Ethereum gas is cheap? Where can you check the cost of cheap Ethereum gas? Besides you know the cost of cheap ethereum gas, what else do you know about this Ethereum coin? Can you explain to me all about Ethereum coin?