erikalui
Legendary
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Activity: 2632
Merit: 1094
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December 06, 2017, 10:14:41 AM |
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It's just the network congestion is too much but still my transactions are going through in a timely manner. It has happened earlier as well but this time due to too many ICOs, the transaction log has increased. My TX got confirmed in less than 15 minutes with 0.000470337 Ether as fee which is still normal compared to others paying $1+ fee for getting faster confirmations. Today again my TX got confirmed in 10 minutes.
I5 Minute is like 10years on Ethereum Network! Ethereum usually confirm in less than 10sec. This is an attack on the Network It's still better than to wait for 10 hours in case of BTC. Earlier it used to take like 1 minute and now 10 minutes to be sent from exchanges. Total time including the withdrawal and deposit is 10 minutes which is pretty fine looking at some transactions here taking 40+ minutes. That's the worse case scenario.
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udayantha11
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Activity: 798
Merit: 17
2023 would most likely be as bearish as 2022
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December 06, 2017, 10:16:00 AM |
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Ethereum Network Crashing and now leading to pending and long time confirmation. Can this lead to Ethereum fall?
Not crashing. Because of the game that happended. These type of conjessions happended in the past. They will be fixed. No worries. Eth network was the king and will be the king. Not crashed
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we all need universal power and cyclist of Everything -2023 would most likely be as bearish as 2022- =BTC will make it, but might be a long winter=
Stronger the storm, brighter the rainbow
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Catmony
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December 06, 2017, 10:17:47 AM |
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Ethereum Network Crashing and now leading to pending and long time confirmation. Can this lead to Ethereum fall?
Just increase your gas price than it will get through, but yes it is quite congested right now. Every crypto is struggling to get better scaling solution which is quite hard to implement because of decentralization and debate around block size. If you are trading some tokens in Etherdelta than don't forget to increase its default gas price.
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jacquelinecr
Member
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Activity: 294
Merit: 19
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December 06, 2017, 10:57:37 AM |
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To sell I believe that this is a panic move. Why sell just because of some network issue? They will trouble shoot the problem and fix it. No need to sell right now i think.
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ravedien
Member
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Activity: 76
Merit: 10
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December 06, 2017, 10:59:47 AM |
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I dont think they will crash, they are just congested on request but hold it up mate. I hold they can fix it asap
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Sinistlercoin
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Activity: 71
Merit: 10
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December 06, 2017, 01:30:08 PM |
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All because of those stupid cryptokittens or whatever they are.
Seriously, I essentially said the same thing and my comment gets deleted. The moderators of this site are utter morons!
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residivis
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December 06, 2017, 01:38:25 PM |
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indeed things that happen at the depot / wd it is often a very long delay and this is indeed reasonable and can enter but in a long time.
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NelfiNovita
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December 06, 2017, 03:21:36 PM |
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etherium has many advantages. I am sure that all problems will be solved as soon as possible. because I just found the problem of slow transaction confirmation
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handsum242
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December 06, 2017, 04:25:25 PM |
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Ethereum Network Crashing and now leading to pending and long time confirmation. Can this lead to Ethereum fall?
Just increase your gas price than it will get through, but yes it is quite congested right now. Every crypto is struggling to get better scaling solution which is quite hard to implement because of decentralization and debate around block size. If you are trading some tokens in Etherdelta than don't forget to increase its default gas price. I did increase gas price from 1 gwei to 20 and it didn't work !!
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nor9847
Member
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Activity: 89
Merit: 10
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December 06, 2017, 04:43:55 PM |
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Of course no, it just had little problem with the transaction and block, and maybe they are performing a maintenance service in order to make the transaction to be faster. the problem also happend because there are so much kinds of token that will be entering to ETH platform, but absolutely that's not a crash at all.
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iloveturtles
Newbie
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Activity: 195
Merit: 0
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December 06, 2017, 04:51:22 PM |
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Blame the kittens, although this is a good thing every huge network needs to be constantly stress tested.
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Crypto_lion
Member
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Activity: 630
Merit: 11
NEW MEDICINE:Faster, Safer, Smarter
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December 06, 2017, 04:55:16 PM |
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Got a bad move today while in a vacation. I just know that Ethereum are having network problems since a day or two. Transferred some coins few hours ago and I can't even see the transaction details.
I am getting the error transaction hash not found after 10 hours ...is it issue of Network or something wrong with my transaction?
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siddartha1492
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December 06, 2017, 04:59:30 PM |
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You might not believe but cats are behind this, yes literally cats! A new ETH/DApp called Cryptokitties is causing a huge congestion in ETH network. The only 2 solutions to this is either close Cryptokitties or scale up ETH blockchain, by implementing the long awaited upgrades like POS. The first option although seems easier one, but it is also the worst one in long terms. If we ban Daps just because they have become hugely viral, then it won't be good for ETH's future. Hope Vitalik is doing something regarding the current network congestion.
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big_bounty
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Activity: 448
Merit: 10
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December 06, 2017, 05:00:15 PM |
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It all depends on what kind of wallet you use. I have no problems with the network, and my friend has not been confirmed transactions for two days. I think that the new ICO project with cats is to blame for everything
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Vatimins
Sr. Member
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Activity: 987
Merit: 289
Blue0x.com
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December 06, 2017, 05:51:57 PM |
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Man. I cannot even express how much i am freaking tired of all these bloody crashing coin topics. Even on bitcoin section, lots of topics about crash are popping up. You know what op, ethereum isn't that easy to kill. It had survived a lot of trials and became better after each one. And i highly doubt that this will be enough to kill ethereum.
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Cortex7
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December 06, 2017, 06:12:27 PM |
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Crazy that one browser based cat game can bring Ethereum to its knees.
I guess that kills my idea of using Ethereum for a phone app I had planned.
Many coins have low transaction rate capabilities it seems, Dash boasts high rate but you cant insert custom information into TX for games etc.
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Dart18
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December 06, 2017, 06:15:13 PM |
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There is too much traffic on the blockchain. It became just like bitcoin. Cmon, this aint new to us. We can somehow relate to this and this will also end in a good conclusion. I just hope they are making steps into how they will make it better. Thanks to their lower fees this happened.
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Gargo
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December 06, 2017, 06:19:29 PM |
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There is too much traffic on the blockchain. It became just like bitcoin. Cmon, this aint new to us. We can somehow relate to this and this will also end in a good conclusion. I just hope they are making steps into how they will make it better. Thanks to their lower fees this happened.
In my opinion, Ethereum is very close to Bitcoin in the ranking and it is not possible that something would spoil such a strong position of this coin. In my opinion, it is unrivaled and nothing is currently able to spoil it.
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JanEmil
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December 06, 2017, 06:22:22 PM |
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CryptoKitties killed my crypto hobby business MyEtherWallet and EtherDelta have been dead for me 2 days. ETH lost in CyperSpace with some other alt coins.
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hdclover
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December 06, 2017, 06:27:11 PM |
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Man. I cannot even express how much i am freaking tired of all these bloody crashing coin topics. Even on bitcoin section, lots of topics about crash are popping up. You know what op, ethereum isn't that easy to kill. It had survived a lot of trials and became better after each one. And i highly doubt that this will be enough to kill ethereum.
Killing the whole network is actually making the whole network useless or end of the network. Actually that isn't happening right now. The whole network is congested by small transactions from crypto kitties game. The best solution for this problem is to run the game on an ETH sidechain if it supports else there same problem continues.
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Blah blah
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