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Author Topic: What's happening to Ethereum transactions ??  (Read 668 times)
nejibens
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December 07, 2017, 02:02:38 PM
 #1

Since 3 days almost, ETH transactions are very slow and even it get up to 48 hours or more to get confirmed. Also there is no way to send tokens actually unless you pay very high gas fee which is ridiculous and if it will continue this way it will block the ethereum blockchain and destroy Eth
I invested in some ICO projects and not recieved my tokens since 3 days.
Is there any solution expected by ETH devs for this big issue soon ?
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December 07, 2017, 02:06:11 PM
 #2

Because of a group of cute electronic cats from Canada. These people are simply geniuses, blockchain such a small capacity actually used to develop the game. As a result, the ETH blockchain was completely blocked by cats and almost no transfer was possible for all ETHs and ERC20 TOKEN.

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December 07, 2017, 02:09:45 PM
 #3

Because of a group of cute electronic cats from Canada. These people are simply geniuses, blockchain such a small capacity actually used to develop the game. As a result, the ETH blockchain was completely blocked by cats and almost no transfer was possible for all ETHs and ERC20 TOKEN.

Yes I heard about this game and how it badly affect the ETH blockchain, but is there any solution for this soon ?
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December 07, 2017, 02:29:42 PM
 #4

your transaction takes 48 hours lucky you, i have not been able to do any single transaction for 3 days now, it is realy fraustrating , many peple are moving over to bitcoin

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December 07, 2017, 02:38:06 PM
 #5

I also experienced the same thing nowadays I can not mendeposito my token on the stock, what's wrong with mew. I also can not send eth to my other wallet.

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December 07, 2017, 02:39:27 PM
 #6

We have ethereum stuck from an exchange we are waiting two days for it to appear in our wallet but it has not arrived. You see the miners are giving preference to the cat breeders above all other ETH transactions so the eth blockchain has now been taken over by miners and cats. If this problem is not solved soon I think many people will lose faith in ETHEREUM as it is taken over by the greedy miners. This is another reason why ETH value has crashed, along with all the ERC20 tokens. One stupid cat game has ruined it for the rest of us.

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December 07, 2017, 02:40:05 PM
 #7

These headless breeders of electronic cats and kittens are ready to pay any amounts of gas, just to speed up the transactions and the kittens were born faster. This is some kind of nonsense. I have all the sales hang day, I'm not ready to pay more gas than before. It's nerves. Notice the growth of waves. There is no bad without good.

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December 07, 2017, 02:42:02 PM
 #8

ethereum network is incapable of handling large number of transactions. it has already been proven multiple times. twice before that i can recall due to a couple of ICOs which were booming and the third time i know which is now is becuase of these crypto-kitties which are producing a large number of transactions on ETH chain which is making everything else fail...














 

 

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December 07, 2017, 03:00:14 PM
 #9

Because of a group of cute electronic cats from Canada. These people are simply geniuses, blockchain such a small capacity actually used to develop the game. As a result, the ETH blockchain was completely blocked by cats and almost no transfer was possible for all ETHs and ERC20 TOKEN.

Yes I heard about this game and how it badly affect the ETH blockchain, but is there any solution for this soon ?
Developers should have begun to consider this issue, but because of the sudden incident, block block problem is still quite tricky. I was thinking perhaps that vitalik wanted to solve this problem by forking. These cats are annoying

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December 07, 2017, 03:09:21 PM
 #10

anybody knows when this is over?
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December 07, 2017, 03:11:49 PM
 #11

anybody knows when this is over?

It seems to be a case of just waiting for the hype to fully die down over these kitties and then after that the market can catch up. It wouldn't surprise me also if this is not helped by bitcoins surge, there is probably increased activity in terms of people trying to move funds away from erc20 tokens and in to bitcoin.

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December 07, 2017, 03:12:06 PM
 #12

your transaction takes 48 hours lucky you, i have not been able to do any single transaction for 3 days now, it is realy fraustrating , many peple are moving over to bitcoin
Totally agree, I've moved on Bitcoin.

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December 07, 2017, 03:28:30 PM
 #13

Since 3 days almost, ETH transactions are very slow and even it get up to 48 hours or more to get confirmed. Also there is no way to send tokens actually unless you pay very high gas fee which is ridiculous and if it will continue this way it will block the ethereum blockchain and destroy Eth
I invested in some ICO projects and not recieved my tokens since 3 days.
Is there any solution expected by ETH devs for this big issue soon ?
It's not high as the bitcoin fees. The average fees in this time was around $0.9 And i've putted more gwei to my ethereum transaction and my transaction just get block confirmation after some seconds. you may need to increase your gwei in my opinion and your transaction will be delivered instantly.



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December 07, 2017, 03:33:58 PM
 #14

Ethereum blockchain is saturated because the transactions from the players of this new game Crypto Kitties. Now you need to send very high fee in order to get your transaction confirmed fastly, otherwise you need to wait even for several days. I think the hard fork is the unique solution for such problems.
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December 07, 2017, 03:37:22 PM
 #15

Because of a group of cute electronic cats from Canada. These people are simply geniuses, blockchain such a small capacity actually used to develop the game. As a result, the ETH blockchain was completely blocked by cats and almost no transfer was possible for all ETHs and ERC20 TOKEN.
I think you are talking about this https://www.cryptokitties.co/

I just gone through how they works here in this article and looks like it is just another token with cat face nothing more https://www.inverse.com/article/39058-cryptokitties-makes-ethereum-approachable

And looks like total number of token/kitties is unlimited, do you really think people are going crazy for this digital toy Huh Roll Eyes

If this alone is causing pathetic congestion on ETH network than it needs some scaling solution first before bitcoin  Wink

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December 07, 2017, 03:54:22 PM
 #16

There 2 reason that make Eth transactrions slow:
1. Too much hot ico and people set low GAS price
2. Bitcoin transaction become slower + bitcoin withdraw fee increase because of bitcoin price so people start exchange bitcoin to Eth for faster sending.

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December 07, 2017, 04:34:51 PM
 #17

Viral games are the new stars of crypto universe

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December 07, 2017, 04:37:34 PM
 #18

Ethereum's d-app game called crypto kitties causes the problem to ethereum's whole network transaction speeds slows down like its congested.

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December 07, 2017, 04:43:25 PM
 #19

There 2 reason that make Eth transactrions slow:
1. Too much hot ico and people set low GAS price
2. Bitcoin transaction become slower + bitcoin withdraw fee increase because of bitcoin price so people start exchange bitcoin to Eth for faster sending.

I agree sensible




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December 07, 2017, 06:04:27 PM
 #20

The whole network is pretty slow right now, we dont know what the fuck is going on. I sent a few ethereums yesterday and the transaction is still stucked with four confirmations (it did not get the six)

It is weird, i have never seen ethereum so collapsed today.

The same is happening with bitcoin, i received some payments yesterday and it is still with zero confirmations, those altcoins are going to collapse soon, i dont know what the fuck is going on.

I need to withdraw some money and i can not because of that, this is pretty desperating.

I will wait, i am not in a hurry, but seriously, 14 hours to send bitcoins? or 2 hours to send eth?

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