When demand for Ethereum rises, so do the gas prices — but what is causing them to rise in the middle of a bear market? A new exchange may be to blame.
TRAFFIC JAM
Congestion in the Ethereum network has skyrocketed during the past few days, causing a dramatic hike in gas prices. The present average gas price is competing with the highs of January — even though transaction volume is down over 50 percent.
https://bitcoinist.com/is-a-new-exchange-to-blame-for-the-ethereums-network-congestion/Ethereum Network has been flooded with new applications almost everyday. New tokens were made by different individuals just to get money from ICOs and take advantage of ICO hype. With all of these Shit tokens, the Ethereum network has been experiencing a traffic jam. Do we need another platform to cater these shit tokens that are made everyday? Is this the end of Eth platform when it comes to scalability issues?
