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Author Topic: Why is ethereum so slow?  (Read 4611 times)
bribed
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January 10, 2018, 08:05:52 PM
 #281

Hopefully this high transaction fees and the slow network speed will be over soon. I can see that this will hurt Ethereum badly in the long run as people who want to use the network on a daily basis realize that its not working anymore as it did. So they might turn away from it. Hopefully the Ethereum devs will finds a solution for this issues.
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anasso
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January 10, 2018, 08:13:45 PM
 #282

butterin and his team must do something against high fees and low transactions.

ethereum is turning to bitcoin with smart contracts. it's very bad in the long run.
residivis
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January 10, 2018, 08:37:58 PM
 #283

etherium was slow but sure.
  just look now has reached the price of $ 1555 and for two months to come may be possible to reach 2k $.
although the etherium is slow in movement but I think it is a bit of a possibility to get down again to a lower price.

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valuater
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January 10, 2018, 08:40:53 PM
 #284

the most affecting possible density of transactions so that network ethereum interrupted, besides maybe a factor of trade activities ethereum
thebitter
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January 10, 2018, 08:46:07 PM
 #285

That's the problem with Ethereum. Too many transactions. Fees are quite high.
Waves platform is supposed to perform better, however it does not have the same load as Eth.
Eth is still developing, hopefully they will introduce solutions to this problem. And transaction fees!
Partizanai
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January 10, 2018, 09:20:19 PM
 #286

That's the problem with Ethereum. Too many transactions. Fees are quite high.
Waves platform is supposed to perform better, however it does not have the same load as Eth.
Eth is still developing, hopefully they will introduce solutions to this problem. And transaction fees!
ETH  has a long way to go, i bet devs will find a solution, they definitely have the funds to do the research and hire engineers to improve ETH protocol
Xclusive5
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January 10, 2018, 09:35:10 PM
 #287

I think the transaction fee you are using to send is low because I also tried it this afternoon. While sending I used 21 gwei and the transaction did not go through until I used 50 gwei for the transaction.

markovi4mark
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January 10, 2018, 09:42:02 PM
 #288

I think the transaction fee you are using to send is low because I also tried it this afternoon. While sending I used 21 gwei and the transaction did not go through until I used 50 gwei for the transaction.
You're right. Today, I became convinced of this in person. But I also think that slow transfers are associated with a heavy load on the system. I hope in the future developers will fix this problem.
stefany101
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January 13, 2018, 09:31:34 AM
 #289

I think etheruem nowadays is so slow because of higher gas fees and due to many pishing sites and scammer.

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michael shikany
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January 13, 2018, 09:46:22 AM
 #290

Because of the increase in the demand of the ICO project for ETH, and the increasing number of transactions on ETH, the congestion of the whole block is caused, which requires new technology to solve. Grin

SunMixer
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January 13, 2018, 09:50:33 AM
 #291

I am doing trades on ehterdelta where the default gas price is 4 Gwei. The network in the last few days is terribly slow I remember 1 week ago I was making trades on 1 Gwei and even 0.1 and the transactions were done within minutes, now with 4 Gwei I have to wait like 20 minutes and sometimes the transactions get canceled. My question is what is the reason for this? Is it temporary or it will be like this for the near future?
Strengthened, the foundation is created for a big jump. After all, the load is high, the transactions do not shine either, so they are looking for solutions. Therefore, while he stumbles in one place, but we hope that we'll break out.
pompomki
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January 13, 2018, 09:51:03 AM
 #292

Like BTC, TEH is now popular and become the 2nd lovely coin in world, many trade ~ many slow network, I think the dev will have a way to increase it
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January 13, 2018, 11:02:44 AM
 #293

probably because users in Ethereum so much so that a little disturbance.
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January 13, 2018, 11:20:02 AM
 #294

I don't thinkits slow, after all it reaches its highest price. for all the Ethereum supporters I know that you're all cheering for Ethereum. Yes, every one of us are all happy and still hoping that Ethereum goes up more. I believe that it will beat bitcoin in the future.

FDC1412
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January 13, 2018, 11:38:31 AM
 #295

The transaction is slow because of your very low gas price. You could atleast put 5000 gwei or more to expect fast and upright transaction speed.

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January 13, 2018, 12:11:22 PM
 #296

The transaction is slow because of your very low gas price. You could atleast put 5000 gwei or more to expect fast and upright transaction speed.

ethereum is overvalued and has too high tx costs, what cause most of this is the stupid coinmarket cap ranking that is brainwashing everyone,

its time we can establish alternatives to it

Nadia_l
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January 13, 2018, 12:21:59 PM
 #297

That`s because You catch the period with the max load of the ETH network!

You could monitor here the load of the ETH network https://ethstats.net/
Also, You could check what Gwei is needed to provide the speed and safe THX for the current period here: https://ethgasstation.info/

CaptainKid
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January 13, 2018, 12:33:37 PM
 #298

That`s because You catch the period with the max load of the ETH network!

You could monitor here the load of the ETH network https://ethstats.net/
Also, You could check what Gwei is needed to provide the speed and safe THX for the current period here: https://ethgasstation.info/


You correctly made that shared links. Now, some people will see and be able to understand the real problem with the delay of transactions.
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January 13, 2018, 12:41:08 PM
 #299

I think Ethereum is charging now as it breaks its silence since it goes too slow last year and now reaches 1,000$+ and it also climbs back on top next to bitcoin when Ripple surpasses its market capitalization lately. Maybe the reason why eth is so slow lately is because of what its founder have said lately about ETHEREUM.

heartrodriguez28
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January 13, 2018, 12:42:46 PM
 #300

ETH is slow since it's not as popular as Bitcoin which makes less volatility. Add in its market cap and it means that it's difficult to move prices up or down.
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