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Author Topic: Explanation about the ETH Gas Prices - Current Ethereum Network Load  (Read 87 times)
Melih1905 (OP)
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July 04, 2018, 11:31:22 AM
 #1

An exchange known as Fcoin is holding a vote for new token listings, and voting is done by transferring a minimum amount of the token to the exchange. Vote is counted not by total amount or value of tokens, but by how many unique addresses the tokens have been sent from. Unsurprisingly, this has resulted in the heavy congestion we're experiencing now.

https://i.imgur.com/2RPterM.png

In the gas burners list in the image above, the ERC20 contracts in red are ones that appear on the listing ballot.
MiniMountain
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July 06, 2018, 06:26:22 AM
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This FCOIN really hurts the gas fee right now and it's take longer for the transaction to be mined, I hope they end what they are doing or do some action to prevent the Ethereum network overload.

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July 06, 2018, 06:54:29 AM
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This FCOIN really hurts the gas fee right now and it's take longer for the transaction to be mined, I hope they end what they are doing or do some action to prevent the Ethereum network overload.
Indeed but it looks like the standard gwei of ethereum network has already decreased a lot. I remember that about the fact that there is a lot of new spam contract has been created in ethereum network. It has given a lot of impact or even more to the ethereum network. I guess Fcoin is not the real reason to make the wer touch more than 400 gwei
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