finaleshot2016 (OP)
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Activity: 1722
Merit: 1007
Degen in the Space
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December 10, 2017, 04:33:21 PM |
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Is there a problem in ethereum because all of the transaction is very slow. It almost take 2-3 hours before receiving the sent tokens. What is the cause of this issue? is this related to the dump price of eth
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Aura
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December 10, 2017, 04:44:10 PM |
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I'm not really informed about Ethereum but I've seen a lot of threads circulating here discussing the Crypto Kitties DApp (decentralized application) that slowed the network down. It might be still the case or maybe even more DApps got released? The attention in the media for Ethereum also could have been a cause for the slow network as this also results in more traffic on the network.
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babygun
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December 10, 2017, 04:48:56 PM |
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I'm not really informed about Ethereum but I've seen a lot of threads circulating here discussing the Crypto Kitties DApp (decentralized application) that slowed the network down. It might be still the case or maybe even more DApps got released? The attention in the media for Ethereum also could have been a cause for the slow network as this also results in more traffic on the network.
The main cause to the slow network is the CryptoKitties DApp, this Dapp is responsible for a bit more than 10 % of all transactions!
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IrenNTA
Full Member
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Activity: 364
Merit: 101
"One Token to Move Anything Anywhere"
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December 10, 2017, 05:01:25 PM |
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It's weird to see how one game can almost kill the whole Ethereum blockchain. Almost everyone suffers from these CryptoKitties. My deposit to exchange took more than a day, and I missed the pump because of it.
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pooque
Member
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Activity: 182
Merit: 10
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December 10, 2017, 05:03:22 PM |
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I pity those who has ethereum coin,the developers are bad pushing that D-app that resulted network problems the worst you cant even transact with any Ethereum Based coins.
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flatnose101
Member
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Activity: 102
Merit: 10
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December 10, 2017, 05:15:06 PM |
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It's weird to see how one game can almost kill the whole Ethereum blockchain. Almost everyone suffers from these CryptoKitties. My deposit to exchange took more than a day, and I missed the pump because of it.
there is a lot of thing that are happening now in ethereum hope it may be recover soon maybe we just wait for if this may resolve for.
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Hamphser
Sr. Member
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Activity: 2548
Merit: 336
Catalog Websites
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December 10, 2017, 05:18:33 PM |
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Is there a problem in ethereum because all of the transaction is very slow. It almost take 2-3 hours before receiving the sent tokens. What is the cause of this issue? is this related to the dump price of eth
Seems like you arent informed on the recent updates or happenings here on cryptoworld since people already talking a lot regarding on this issue on slow confirmation on eth network and thats just because of the new game which is cryptokitties which you can actually find lots of threads here regarding on that stuff and the conversations of people towards it. If you can pay up more gwei then it would be more faster but i dont think it would really be worth off.
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Kriptex
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December 10, 2017, 05:20:36 PM |
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Is there a problem in ethereum because all of the transaction is very slow. It almost take 2-3 hours before receiving the sent tokens. What is the cause of this issue? is this related to the dump price of eth
This is not a new thing actually, the problem is ongoing for several days. There is a pet game called cryptokittens where people buy and sell different cat stickers for crazy money. It blocked the ethereum blockchain. 2-3 hours is perfect if you receive your tokens. Use gwei around 80-120 and they go faster.
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oblivi
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December 10, 2017, 05:23:00 PM |
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Is there a problem in ethereum because all of the transaction is very slow. It almost take 2-3 hours before receiving the sent tokens. What is the cause of this issue? is this related to the dump price of eth
Seems like you arent informed on the recent updates or happenings here on cryptoworld since people already talking a lot regarding on this issue on slow confirmation on eth network and thats just because of the new game which is cryptokitties which you can actually find lots of threads here regarding on that stuff and the conversations of people towards it. If you can pay up more gwei then it would be more faster but i dont think it would really be worth off. And what's funny is that Vitalik Buterin has too much of an ego to admit that his network is begin flooded with virtual kittens: https://twitter.com/VitalikButerin/status/937628849084309504It was a mistake to give access to such apps at layer 0, but he will admit it I guess. People holding big sums of money on ETH are a bit crazy. BTC is risky enough and you can still get rich from it.
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L0uis
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December 10, 2017, 05:25:55 PM |
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The congested network is the cause of this issue. The ETH network is currently 100% full and that is why transactions are taking longer than usual to get confirmed. It is required to have atleast 50000 gas limit for the transaction to be confirmed in a couple of hours. Lower gas limits will eventually take a longer time to be confirmed.
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BillCoin
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December 10, 2017, 05:26:51 PM |
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Is there a problem in ethereum because all of the transaction is very slow. It almost take 2-3 hours before receiving the sent tokens. What is the cause of this issue? is this related to the dump price of eth
As said above, Ethereum network is being flooded as a new virtual token that enables buying virtual kittens is now live on the Ethereum network. Ethereum network has to process about 9.5TX/sec while bitcoin network has to process about 3.5TX/sec, which makes the Ethereum network run much slower then it should have been running. I believe that once the hype around the kittens thing is going to be happened, then we are going to see a significent decrease in the amount of transactions on the Ethereum network which will also prevent confirmation delays.
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motionerror
Jr. Member
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Activity: 76
Merit: 7
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December 10, 2017, 05:28:25 PM |
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CryptoKitties is a game based on smart contracts on the Ethereum Blockchain, this is what is clogging the network.
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abvhiael
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December 10, 2017, 05:28:45 PM |
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yes i noticed that then i heard about this cats or kittens game and it is the problem behind the slow of ethereum which led to the slow of transactions on etherdelta
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gazilla
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Activity: 378
Merit: 11
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December 10, 2017, 05:32:57 PM |
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Yes you are right Ethereum blokchain is pretty much out of service. On Friday I have sent some coins from my wallet to exchange, and only received them this morning. I am not sure whether it is because of the CryptoKittens game or what, but currently the blokchain is not fully operational.
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DevelopmentBank
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December 10, 2017, 05:35:47 PM |
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Ethereum has actually faster and cheaper transactions than bitcoin.
This is even when the network was clogged by kitties. I used was because the network is running fine now and fees are back to normal. Gwei std is back to 20-25 based on ethgasstation.info. Just sent some ETH to one of my wallets and the transaction confirmed and reflected within 3 minutes.
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2fresh
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December 10, 2017, 05:36:56 PM |
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Funny that a small game that has you collecting and breeding cats which you can sell takes up 15-20% of the network.
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saycryptohello
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Activity: 574
Merit: 11
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December 10, 2017, 05:37:00 PM |
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Yes you are right Ethereum blokchain is pretty much out of service. On Friday I have sent some coins from my wallet to exchange, and only received them this morning. I am not sure whether it is because of the CryptoKittens game or what, but currently the blokchain is not fully operational.
For operations, you can use other coins like Litecoin. Ethereum is slow network today, but I hope developers will solve this, because CryptoKitties shows Ethereum problem for community.
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alphacoco
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Activity: 110
Merit: 10
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December 10, 2017, 05:48:59 PM |
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How can a silly game cause so many problems for everyone? I have a transaction pending for 6 hours. I heard its only clogging up 20% of the network but it feels alot worse.
At this rate I might come out of this coin until things improve. Can anyone recommend how to push through this transaction?
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Selly Arumsari
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December 10, 2017, 05:54:10 PM |
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Is there a problem in ethereum because all of the transaction is very slow. It almost take 2-3 hours before receiving the sent tokens. What is the cause of this issue? is this related to the dump price of eth
the market use ethereum platform is slowly because there is a trouble error, it happen from few days ago just waiting for normal and all problem clear i think it better choice than you transaction now with risk you lose the balance
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Booair
Newbie
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Activity: 6
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December 10, 2017, 06:11:43 PM |
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Cryptokitties destroyed the ETH network, but i think its just a matter of time before the situation come back to the normal. There is a huge hype around this game at the moment.
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