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nmax21
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December 08, 2017, 01:10:53 PM |
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1.5 hours too much for one transaction, if you are a trader, cryptokitties greatly complicated the process of speculation, and it became not profitable to conduct small transactions
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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PalindromemordnilaP
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December 08, 2017, 01:54:59 PM |
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How about selling a 2$ worth of coin in ED? So you will only get half of it. well, anyway, you gotta make sure to make big transactions rather than doing the other one. I think, 1$ is quite cheap if you do big transactions plus, there are lots of altcoins available for trading there.
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Bessta
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December 08, 2017, 02:15:50 PM |
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Eth will never end it will continue his way up instead. How can an a number2 crypto be done.
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rudolfaxl
Legendary
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Activity: 1372
Merit: 1001
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December 08, 2017, 02:56:45 PM |
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I hope it will be fixed soon. Ethereum foundation should be in a brainstorm now for sure. It's a very pity example how the only one app could kill the whole network...
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Crypdon
Member
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Activity: 616
Merit: 11
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December 08, 2017, 06:41:28 PM |
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That is why it is best to invest in alternatives to ethereum such as LISK and NEO where these problems will be solved. When their competitors really start to deliver in 2018 Eth may fall as the others start to rise. Unless Buterin can find a way to sort it all
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Harsh_Patel
Member
Offline
Activity: 182
Merit: 10
Algo Trader
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December 11, 2017, 03:36:04 AM |
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Ethereum is getting punched by one project and they are not taking enough measures to prevent it. Most of the ICOs are dependent on the Ethereum Network and all of them are getting stagnant due to this kitty project.
They have to expend the transactions and
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I am sorry for my wrong doings.
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Dragonrage201
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December 11, 2017, 04:12:52 AM |
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Time will tell if all this slowness is a fundamental design flaw in Ethereum that some
other platform may be better at handling.
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Kidmat
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December 11, 2017, 04:31:39 AM |
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This cryptokitties makes delta to slow its transactions and needed high gas to process. It will cost us more than 50gas every transactions and it not wiseable to do this. I just hope they will do something about this due to more complaint from the users.
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Sephire
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December 11, 2017, 04:43:50 AM |
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Etherdelta has been mostly unusable last week. My last couple of transactions timed out after hours
and somehow still charged me transaction fees. Not using it until fees and times become normal.
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ryjin1007
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December 11, 2017, 04:46:58 AM |
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Etherdelta is sucks right now due to the dumb game and wanting to increase the gas price and im using 21 gwei right now result you need .01 in your wallet to easily transact all your eth or tokens
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Dragonrage201
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December 12, 2017, 04:50:01 AM |
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Etherdelta and Ethereum network seem to be normal today evening. I used 15 GWEI
for one transaction and it finished in under 10 minutes.
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lovenlifelarge
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December 12, 2017, 05:12:06 AM |
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i think it is better for ED to make fees more inorder to avoid lots of orders in the market in more and more scam tokens coming. ED is decentralized platform, it is reasonable to put order in big order to avoid more fees.
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Bittoshi
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December 12, 2017, 06:56:18 AM |
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finished is a big word, i'm sure they will find a solution and ETH will come out again even stronger than before  Yeah I hope so. Using Etherelta is a pain in the ass at the moment but I don't want to switch back to the centralized scam marketplaces (remember Mt. Gox?). I hope they find a way to scale up. Since a few weeks these crypto kitty players are spamming the ETH blockchain. |
Bitgesell (BGL): A modern and truly scarce store of value. Burn rate is 90% of tx fee. Yearly block reward halving.
It's just the beginning!
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okala
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December 12, 2017, 07:28:57 AM |
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Of a truth this is going to kill most of the new ethereum tokens. Most of them are not listing their token on big exchange until first three to four months and depend on etherdelta to sell their tokens. I think the increase in fees or gas is going to drive traders to put there investment in a centralized exchangers. I was happy seeing what etherdelta was doing but later could not really use them as most of the token I am holding get dump before I send them.
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justdimin
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December 12, 2017, 08:10:43 PM |
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I think WAVES is doing DEX very well when it comes to fees
You cannot start comparing yet as you cannot compare the level of usage and transactions going on within the two projects. Waves seems promising but only time will tell if there could still be some issues that would need to be fixed once they start receiving huge recognition the way Ethereum is. People said a lot of negative things and compared Ethereum with bitcoin in the past and how Ethereum can never get congested or have a huge transaction fee, but hey! It has just happened. |
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tamango
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December 13, 2017, 11:56:40 PM |
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So what's the correct gasprice to set in order to operate normally in Etherdelta? 15 or more? Or is it better to wait and not operate?
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raven7886
Legendary
Offline
Activity: 1512
Merit: 1041
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December 14, 2017, 02:56:04 PM |
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Transactions in etherdelta are now too expensive, and every movement we make in ED they charge. So maybe it's time to say good bay with etherdelta , and move to another exchange.
You cannot blame EtherDelta for the Ethereum network that is congested. Etherdelta is just a decentralized exchange and without doing that, transactions will get stucked. It is just better to move to a centralized exchange for now, as that is the only way you can at least get to do your trading, without network charges and just the platform trading commissions. But I just wonder why OP is not considering bitcoin's tx fees as optimal BTC tx fees are around $35 compared to mentioned $1 of gas for eth transactions. |
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bribed
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December 14, 2017, 04:26:23 PM |
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I dont use anymore EtherDelta at the moment. I neighter want to pay much for the transaction, that still are frequent when I trade on EtherDelta, nor do I have the time to wait for several hours to make my trades. But I think this will settle again soon and Ethereum will get back to normal mode, with modest transaction fees and fast processing.
I dont think that this is the end of Ethereum, not in the slightest. It just shows us where the network has to work on!
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tomwalsh
Member
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Activity: 112
Merit: 30
Highest ROI crypto infrastructure
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December 14, 2017, 05:55:06 PM |
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This is a problem so many blockchain coins have, and there is no clear solution for it yet.
I think the whole idea of limited blocksize is so foolish, especially for a platform like ethereum which has so many Dapps transacting on it.
The block size needs to be unlimited or increase in size over time to allow for the growing market.
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tomwalsh
Member
Offline
Activity: 112
Merit: 30
Highest ROI crypto infrastructure
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December 14, 2017, 05:58:31 PM |
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Is the reason for limited block size to do with miners or the developers?
From my knowledge of the blockchain it is miners who want block size to remain small as it creates competition for block space and as a result they are offered more on average per transaction.
Miners or the developers on behalf of miners need to make a consensus that allowing larger or unlimited block size with small transaction fees would allow usage to scale and ensure longevity in the market.
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