Gas fees

[joniboini]

But after all my ERC20 coins sold out right now fee of Eth huge decreasing significant and yesterday drop under around 0.7 GWEI, I am excited with new coins launching have ERC network due still have lower fees for sending or swap directly at dapp exchange.

That sounds great, sounds cheaper than a few years ago. Although if the network gets busy again it's questionable whether ETH can force the fees to be as cheap as that. At the very least you don't have to spend $20 just to withdraw from an exchange. I remember seeing the withdrawal fees for an ETH token a few weeks ago. It's expensive for a token which shouldn't cost that much because the contract call shouldn't be that complex. To be fair exchange can do that on purpose to get more fees.

[armanda90]

But after all my ERC20 coins sold out right now fee of Eth huge decreasing significant and yesterday drop under around 0.7 GWEI, I am excited with new coins launching have ERC network due still have lower fees for sending or swap directly at dapp exchange.

That sounds great, sounds cheaper than a few years ago. Although if the network gets busy again it's questionable whether ETH can force the fees to be as cheap as that. At the very least you don't have to spend $20 just to withdraw from an exchange. I remember seeing the withdrawal fees for an ETH token a few weeks ago. It's expensive for a token which shouldn't cost that much because the contract call shouldn't be that complex. To be fair exchange can do that on purpose to get more fees.

Recently gas fees of ethereum right now most cheapest than last several years ago how decreasing drastically under 1 gwei with current gwei under 0.6 gwei. Not much fees spending if want sent any ERC20 coin or make swap at Uniswap exchange as usually we spent more than 10$ for swapping coins.
But after gas fee decreasing drastically right now difficult found any new coins or airdrop launching with ERC20 network and most of them use other network, I think more profitable if any new coins launch at ERC20 network and have opportunity for arbitrage if listing at CEX exchange.

[bitmover]

It seems that the Ethereum Gas price is now very different from before, maybe the use of the Ethereum network has decreased or maybe because of the tight network competition so that Ethereum lowers its Ethereum Gas Fee. what is certain is that lately the Ethereum Gas fee is very cheap in my opinion compared to before.

There isn't a person in the backstage that decides to lower gas fees.

It is supply and demand... THere is a limited space per block.
If lots of people wants to make transactions, they have to pay more. The point is that fewer people are using ethereum, so gas price lowered

[yohananaomi]

But after all my ERC20 coins sold out right now fee of Eth huge decreasing significant and yesterday drop under around 0.7 GWEI, I am excited with new coins launching have ERC network due still have lower fees for sending or swap directly at dapp exchange.

That sounds great, sounds cheaper than a few years ago. Although if the network gets busy again it's questionable whether ETH can force the fees to be as cheap as that. At the very least you don't have to spend $20 just to withdraw from an exchange. I remember seeing the withdrawal fees for an ETH token a few weeks ago. It's expensive for a token which shouldn't cost that much because the contract call shouldn't be that complex. To be fair exchange can do that on purpose to get more fees.

Recently gas fees of ethereum right now most cheapest than last several years ago how decreasing drastically under 1 gwei with current gwei under 0.6 gwei. Not much fees spending if want sent any ERC20 coin or make swap at Uniswap exchange as usually we spent more than 10$ for swapping coins.
But after gas fee decreasing drastically right now difficult found any new coins or airdrop launching with ERC20 network and most of them use other network, I think more profitable if any new coins launch at ERC20 network and have opportunity for arbitrage if listing at CEX exchange.

I think what you said is true: There has indeed been a good change to the Ethereum network, but because most of the disappointments were obtained before, many still doubt that there will be consistency for there to be changes in gas fees.
It is not surprising that even though it has decreased, many have not dared to use the network even though it is very profitable to use the ERC20 network.

[Vx1]

It seems that the Ethereum Gas price is now very different from before, maybe the use of the Ethereum network has decreased or maybe because of the tight network competition so that Ethereum lowers its Ethereum Gas Fee. what is certain is that lately the Ethereum Gas fee is very cheap in my opinion compared to before.

There isn't a person in the backstage that decides to lower gas fees.

It is supply and demand... THere is a limited space per block.
If lots of people wants to make transactions, they have to pay more. The point is that fewer people are using ethereum, so gas price lowered

That's what I mean, now there are many new Blockchains that offer low transaction fees. In the new Blockchain there is also a lot of potential to make a profit, people see this and finally come in. Ethereum which was initially much debated because of the expensive Gas costs was finally abandoned little by little, and this had an effect on the decline in ETH Gas.

[Axcel777]

But after all my ERC20 coins sold out right now fee of Eth huge decreasing significant and yesterday drop under around 0.7 GWEI, I am excited with new coins launching have ERC network due still have lower fees for sending or swap directly at dapp exchange.

That sounds great, sounds cheaper than a few years ago. Although if the network gets busy again it's questionable whether ETH can force the fees to be as cheap as that. At the very least you don't have to spend $20 just to withdraw from an exchange. I remember seeing the withdrawal fees for an ETH token a few weeks ago. It's expensive for a token which shouldn't cost that much because the contract call shouldn't be that complex. To be fair exchange can do that on purpose to get more fees.

Recently gas fees of ethereum right now most cheapest than last several years ago how decreasing drastically under 1 gwei with current gwei under 0.6 gwei. Not much fees spending if want sent any ERC20 coin or make swap at Uniswap exchange as usually we spent more than 10$ for swapping coins.
But after gas fee decreasing drastically right now difficult found any new coins or airdrop launching with ERC20 network and most of them use other network, I think more profitable if any new coins launch at ERC20 network and have opportunity for arbitrage if listing at CEX exchange.

I think what you said is true: There has indeed been a good change to the Ethereum network, but because most of the disappointments were obtained before, many still doubt that there will be consistency for there to be changes in gas fees.
It is not surprising that even though it has decreased, many have not dared to use the network even though it is very profitable to use the ERC20 network.

Some people are interested in a new network primarily focused on how effective a network is at solving currently existing problems. It is therefore expected that most users are yet to go back to the ethereum platform given that high gas fees have remained a hurdle for several years. Though there has been a change in direction, it will not take long for the image to be mended. It is for this reason that you may also see other networks becoming more prominent by outcompeting them and providing cheaper and more effective solutions. On the other hand, it still enjoys a prevailing ecosystem that is still relatively more secure than some of the relatively new blockchains. If all of these positive changes would be realised in a proper and steady manner, Ethereum may continue to be chosen in the future.

[armanda90]

That's what I mean, now there are many new Blockchains that offer low transaction fees. In the new Blockchain there is also a lot of potential to make a profit, people see this and finally come in. Ethereum which was initially much debated because of the expensive Gas costs was finally abandoned little by little, and this had an effect on the decline in ETH Gas.

I think competitive a lot of new blockchain have offer most lower fees transaction giving advantage for any new project will choose network have lower fees. 
Have been longer time for Ethereum get decreasing fees transaction and right now keep stable under 0.7 gwei make new history most cheapest fee by using Ethereum network.
But some time, Ethereum get high decreasing of fee transaction when have new project launching and releasing any airdrop for claiming coins with Ethereum network.

[enwi]

That's what I mean, now there are many new Blockchains that offer low transaction fees. In the new Blockchain there is also a lot of potential to make a profit, people see this and finally come in. Ethereum which was initially much debated because of the expensive Gas costs was finally abandoned little by little, and this had an effect on the decline in ETH Gas.

I think competitive a lot of new blockchain have offer most lower fees transaction giving advantage for any new project will choose network have lower fees. 
Have been longer time for Ethereum get decreasing fees transaction and right now keep stable under 0.7 gwei make new history most cheapest fee by using Ethereum network.
But some time, Ethereum get high decreasing of fee transaction when have new project launching and releasing any airdrop for claiming coins with Ethereum network.

The idea of competing in the blockchain market becomes more challenging with the presence of new networks that provide higher efficiency in the transactions. We believe that ethereum continues to compete with different enhancements that were able to ensure that the cost of each transaction is still low. The stability that is now arising is indeed good for this ecosystem though there are some conditions that cause cost to rise high in few instances especially when much traffic is incurred on the network. Thus, there are quite appealing offerings by each of the various innovations; moreover, Ethereum still retains its position with clips of the total number of ongoing projects that are still attracted to this network.

[Vx1]

That's what I mean, now there are many new Blockchains that offer low transaction fees. In the new Blockchain there is also a lot of potential to make a profit, people see this and finally come in. Ethereum which was initially much debated because of the expensive Gas costs was finally abandoned little by little, and this had an effect on the decline in ETH Gas.

I think competitive a lot of new blockchain have offer most lower fees transaction giving advantage for any new project will choose network have lower fees. 
Have been longer time for Ethereum get decreasing fees transaction and right now keep stable under 0.7 gwei make new history most cheapest fee by using Ethereum network.
But some time, Ethereum get high decreasing of fee transaction when have new project launching and releasing any airdrop for claiming coins with Ethereum network.

This is what crypto users, especially the Ethereum network, have been waiting for. With the release of Ethereum layer 2, there are indeed many options for us to take advantage of, and this competition is certainly positive. While the increase in ETH Gas Returns when a new coin is launched, this occurs due to increased activity on the network.

[vegasus]

That's what I mean, now there are many new Blockchains that offer low transaction fees. In the new Blockchain there is also a lot of potential to make a profit, people see this and finally come in. Ethereum which was initially much debated because of the expensive Gas costs was finally abandoned little by little, and this had an effect on the decline in ETH Gas.

I think competitive a lot of new blockchain have offer most lower fees transaction giving advantage for any new project will choose network have lower fees. 
Have been longer time for Ethereum get decreasing fees transaction and right now keep stable under 0.7 gwei make new history most cheapest fee by using Ethereum network.
But some time, Ethereum get high decreasing of fee transaction when have new project launching and releasing any airdrop for claiming coins with Ethereum network.

Truly ture. I noticed, the Ethereum network transaction fee is also decreasing. and it is now even below 1gwei. and this has been happening for a long time, that the gas fee for transactions on the Ethereum network has really decreased drastically, If this had happened a long time ago, then the performance of the Ethereum blockchain would not have been left behind so much now. because various new projects prefer Solana or BNB for their blockchain networks, the reason is because of the gas fee. But now Ethereum is almost the same as them, will Ethereum's glory days be repeated again?

[debra]

This is what crypto users, especially the Ethereum network, have been waiting for. With the release of Ethereum layer 2, there are indeed many options for us to take advantage of, and this competition is certainly positive. While the increase in ETH Gas Returns when a new coin is launched, this occurs due to increased activity on the network.

Ethereum layer 2 may bring many advantages, but the main advantage to expect is for the lower of transfer fees. I'm sure Vitalik already thinks about the lowering the transfer fees of Ethereum. If it is still expensive, people may totally leave Ethereum network. Now, there are many networks that have cheap transfer fees. Solana, BEP20, Tron, and many other platforms have cheaper fees.

[Vx1]

This is what crypto users, especially the Ethereum network, have been waiting for. With the release of Ethereum layer 2, there are indeed many options for us to take advantage of, and this competition is certainly positive. While the increase in ETH Gas Returns when a new coin is launched, this occurs due to increased activity on the network.

Ethereum layer 2 may bring many advantages, but the main advantage to expect is for the lower of transfer fees. I'm sure Vitalik already thinks about the lowering the transfer fees of Ethereum. If it is still expensive, people may totally leave Ethereum network. Now, there are many networks that have cheap transfer fees. Solana, BEP20, Tron, and many other platforms have cheaper fees.

In this cryptocurrency, it is flexible if we want to do something. There are many ways we can do to outsmart expensive transfer fees. However, there are things we cannot do, so we have no choice but to use the network. Crypto project developers must think about this, because they also need a large community and visitors. If people are disappointed with one of the networks because of its disappointing service, then it will be a loss for the project as well.

[rizqillah]

This is what crypto users, especially the Ethereum network, have been waiting for. With the release of Ethereum layer 2, there are indeed many options for us to take advantage of, and this competition is certainly positive. While the increase in ETH Gas Returns when a new coin is launched, this occurs due to increased activity on the network.

Ethereum layer 2 may bring many advantages, but the main advantage to expect is for the lower of transfer fees. I'm sure Vitalik already thinks about the lowering the transfer fees of Ethereum. If it is still expensive, people may totally leave Ethereum network. Now, there are many networks that have cheap transfer fees. Solana, BEP20, Tron, and many other platforms have cheaper fees.

In this cryptocurrency, it is flexible if we want to do something. There are many ways we can do to outsmart expensive transfer fees. However, there are things we cannot do, so we have no choice but to use the network. Crypto project developers must think about this, because they also need a large community and visitors. If people are disappointed with one of the networks because of its disappointing service, then it will be a loss for the project as well.

Network projects do need positive assessments from their users.
Therefore, dev projects must think about the network services they build.
High gas fees and frequent congestion will make users leave the project.
Currently I see Solana and Binance Smart Chain doing their jobs well

[Vx1]

Network projects do need positive assessments from their users.
Therefore, dev projects must think about the network services they build.
High gas fees and frequent congestion will make users leave the project.
Currently I see Solana and Binance Smart Chain doing their jobs well

Compared to others, Solana and Binance Smart chain are indeed the two most popular Blockchains. They have cheap transaction fees and good transaction speeds. But unfortunately for Solana, this Blockchain often experiences errors if there is a significant spike in activity. So before we make a transaction, we must first check whether the network connection is good or not.

[yohananaomi]

Network projects do need positive assessments from their users.
Therefore, dev projects must think about the network services they build.
High gas fees and frequent congestion will make users leave the project.
Currently I see Solana and Binance Smart Chain doing their jobs well

Compared to others, Solana and Binance Smart chain are indeed the two most popular Blockchains. They have cheap transaction fees and good transaction speeds. But unfortunately for Solana, this Blockchain often experiences errors if there is a significant spike in activity. So before we make a transaction, we must first check whether the network connection is good or not.

I think it's natural that Solana can often experience errors because almost all new projects come from the Solana network. Besides that, the costs are also cheap, just like Binance. I agree that both are very popular, and the network is widely used because of the speed and cheapness obtained from the network and is the target of all new projects. But in any case, in my opinion, Binance is still the best so far.