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Author Topic: ETH is finished, etherdelta need set gas price to 60, $1+ for one transaction  (Read 1222 times)
gon
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December 14, 2017, 06:21:16 PM
 #41

I think you should try again.
Etherdelta is back to semi-normal. Today my transactions was filled in matter of minutes with 11-15 gas. It's still expensive but at least is 5 times lower than 60.
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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December 14, 2017, 07:21:39 PM
 #42

I think you should try again.
Etherdelta is back to semi-normal. Today my transactions was filled in matter of minutes with 11-15 gas. It's still expensive but at least is 5 times lower than 60.

Agreed, I dont use at the moment, but I also chatted with some guys on TG that told me that everything is working fine again. A bit slower than normal (which could be considered very slow, because ED is slow anyways) but its working at least with okayish transaction prices.
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December 14, 2017, 08:30:22 PM
 #43

Do you see the balance of the etherium and tokens in etherdelta? I have only Huh signs. This is normal?
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December 14, 2017, 08:52:27 PM
 #44

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.

I think your point is well delivered. If there is a pattern as mentioned in the scenario above, it would safe to say that our investments in new platform projects had just received a new sparkle of life.
With Bitcoin is now somewhere near Mars, Ethereum is reaching for the moon, Waves could be the next major player in town. And when Waves skyrockets as well, we might be discussing about another affordable and more effective platform.
 Cheesy Cheesy Time to launch new project is now!!
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December 14, 2017, 11:09:14 PM
 #45

ETH is finished, etherdelta need set gas price to 60 because of that stupid cat app, $1+ for one transaction
CryptoKitties are killing the ethereum network. I was on etherdelta for over 8 hours today trying to make some simple transaction but it is not working at all. Gas price 4 Gwei is not working, you have to put 100 Gwei (about $10-12) for the simple transaction to take place. 

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December 14, 2017, 11:16:59 PM
 #46

ETH is finished, etherdelta need set gas price to 60 because of that stupid cat app, $1+ for one transaction

This was a one off thing and still $1 transactions with ETH is far superior to many other coins, bitcoin transactions are far more expensive than those of ethereum and no one is saying that it is finished. Not to mention that when the improvements come to ETH within the next year or so then it should be almost infinitely scalible and have very low fees.

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December 14, 2017, 11:30:52 PM
 #47

Seriously you were complaining for a fee of one dollar?

ETH is finished, etherdelta need set gas price to 60 because of that stupid cat app, $1+ for one transaction

Etherdelta is working fine for me, only that it is bugged as hell, i can not even buy a single coin because they are giving me a lot of errors at the same time.

CryptoKitties are killing the ethereum network. I was on etherdelta for over 8 hours today trying to make some simple transaction but it is not working at all.

Everything is fixed now, a few hours ago i received 0.15 ethereums to my wallet and the guy only paid $0,45 of fees only for that transaction.


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December 14, 2017, 11:37:33 PM
 #48

ETH is finished, etherdelta need set gas price to 60 because of that stupid cat app, $1+ for one transaction

Eth is not finished. One dollar is not big thing if can earn at least $20 or 50 in each transaction.
Now we have to care about another cat application that may made from eth again to prevent such this thing happen.
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December 14, 2017, 11:40:29 PM
 #49

I think you should try again.
Etherdelta is back to semi-normal. Today my transactions was filled in matter of minutes with 11-15 gas. It's still expensive but at least is 5 times lower than 60.

Sometimes I see etherdelta charges fee about $1 with 10-15 gwei. How is that possible? 10-15 gwei shouldn't make that much fee as far as I know from my previous experience. I can't understand this.
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December 14, 2017, 11:47:16 PM
 #50

ETH is finished, etherdelta need set gas price to 60 because of that stupid cat app, $1+ for one transaction

That's so expensive for me, I only set my gas to 8 or 11, it has delays but not to long. I regret, I spent 35 gwei on my transactions last week, I didn't know everything about gas, because its my first time trading in etherdelta, I did'nt know that setting it to only 8 is enough.

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December 14, 2017, 11:59:12 PM
 #51

ETH is finished, etherdelta need set gas price to 60 because of that stupid cat app, $1+ for one transaction

Eth is not finished. One dollar is not big thing if can earn at least $20 or 50 in each transaction.
Now we have to care about another cat application that may made from eth again to prevent such this thing happen.
Looks the network back again. The congestion alreayd ended and those etherdelta users can decrease their gwei again and then try to use etherdelta with cheap fees. People are moving towards another trend soon. Looks there are so many transaction in etherdelta by use 4 gwei as the fees.

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December 15, 2017, 12:18:18 AM
 #52

I had already realized those huge fees for which I have practically stopped using etherdelta, unless I receive a token that generates at least enough profits to make it worthwhile to spend my ethers paying those high fees.
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December 15, 2017, 10:09:45 AM
 #53

Seriously you were complaining for a fee of one dollar?

ETH is finished, etherdelta need set gas price to 60 because of that stupid cat app, $1+ for one transaction

Etherdelta is working fine for me, only that it is bugged as hell, i can not even buy a single coin because they are giving me a lot of errors at the same time.

CryptoKitties are killing the ethereum network. I was on etherdelta for over 8 hours today trying to make some simple transaction but it is not working at all.

Everything is fixed now, a few hours ago i received 0.15 ethereums to my wallet and the guy only paid $0,45 of fees only for that transaction.



Good news, then I`ll try to trade there again. I hope that the problems of ETH blockchain will be fixed when they will switch to the POS algorythm

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December 15, 2017, 11:50:34 AM
 #54

Current ETH transactions costs and time are really annoying.
This is because of that Crypto Kitten hype. ETH dev Vitalik Buterin said that stuff like this a reflection of the world we are living in and that ETH was not invented for gadget games like this: https://twitter.com/vitalikbuterin/status/939285774498803712

Don't trust any exchange!
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