Bitcoin Forum
November 09, 2024, 11:44:56 AM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Ethereum network clogged & slow  (Read 134 times)
icemanparachuter (OP)
Newbie
*
Offline Offline

Activity: 18
Merit: 0


View Profile
July 03, 2018, 01:00:36 AM
 #1

Has everyone noticed that the ethereum network is extremely clogged and slow these past few days? I've found several contracts and wallets that are sending out minuscule amounts of tokens one at a time at extreme gas prices. Do you think that if they were to send at reasonable gas levels (<10gwei) that the network would come down as miners are willing to confirm all the transactions, or is this truly an easy way to disrupt the network by simply paying extreme gas levels and sending through thousands of transactions?

I have heard people talk about sharding coming in to save the day, but does anyone have an idea when this might be implemented?

Other thoughts on how to keep the network running smooth and without enormous delays?
jonathan198
Newbie
*
Offline Offline

Activity: 9
Merit: 0


View Profile
July 03, 2018, 11:02:32 AM
 #2

Ya, gas price is insane right now. Not sure what is happening
close up
Full Member
***
Offline Offline

Activity: 251
Merit: 100


View Profile
July 03, 2018, 11:09:21 AM
 #3

I'm not sure what happened but seems the companies trying to send ethereum in bulk, maybe for bounty hunters or ico participants in a big amount of transactions for a small token amount. Besides that, people more using ethereum than bitcoin nowadays, that's why ethereum network are clogged.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!