zasad@
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August 05, 2020, 12:18:44 PM |
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I was just wondering if it is 100% sure that once ETH 2.0 is launched the gas fees will drastically come down? For last week's gas fee was varying between 35-104 what do guys think the fees will be once they launch mainnet.
How will the gas price be reduced? If the launch is successful, then the demand for the coin will increase, its price will rise and the cost of gas will only grow. This will continue until the ETH2.0 network supports payments and smart contracts. In the meantime, we need to wait for news on the completion of the testnet, it may take several months.
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indika
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August 05, 2020, 12:55:04 PM |
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i want send 1 eth to polo from my nano s so how much will i have to pay as gas fee i heard its transaction fee was increased
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zasad@
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Activity: 1918
Merit: 4577
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August 05, 2020, 02:13:00 PM |
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Sy
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Bounty Detective
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August 06, 2020, 06:16:04 AM |
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I was just wondering if it is 100% sure that once ETH 2.0 is launched the gas fees will drastically come down? For last week's gas fee was varying between 35-104 what do guys think the fees will be once they launch mainnet.
How will the gas price be reduced? If the launch is successful, then the demand for the coin will increase, its price will rise and the cost of gas will only grow. This will continue until the ETH2.0 network supports payments and smart contracts. In the meantime, we need to wait for news on the completion of the testnet, it may take several months. Wasn't one of the main goals for 2.0 was to make the network more scalable which will mean the network won't be clogged any anymore which will mean that transactions with lower gas fees will easily go through? I was talking about when 2.0 is fully launched after phase 2 or 3.
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zasad@
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Activity: 1918
Merit: 4577
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August 06, 2020, 09:26:47 AM |
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I was just wondering if it is 100% sure that once ETH 2.0 is launched the gas fees will drastically come down? For last week's gas fee was varying between 35-104 what do guys think the fees will be once they launch mainnet.
How will the gas price be reduced? If the launch is successful, then the demand for the coin will increase, its price will rise and the cost of gas will only grow. This will continue until the ETH2.0 network supports payments and smart contracts. In the meantime, we need to wait for news on the completion of the testnet, it may take several months. Wasn't one of the main goals for 2.0 was to make the network more scalable which will mean the network won't be clogged any anymore which will mean that transactions with lower gas fees will easily go through? I was talking about when 2.0 is fully launched after phase 2 or 3. Phase 3 doesn't exist You are absolutely correct that one of the main goals is network scalability. And this should happen at the start of phase 2. I saw different predictions and interviews on this topic, but after what happened with the launch of phase 0, it all lost its relevance. The most optimistic forecast between the launch of phase 0 and phase 2 is one year, and the pessimistic one is 2-3 years.
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| | Peach BTC bitcoin | │ | Buy and Sell Bitcoin P2P | │ | . .
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Sy
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Bounty Detective
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August 07, 2020, 06:31:23 AM |
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I was just wondering if it is 100% sure that once ETH 2.0 is launched the gas fees will drastically come down? For last week's gas fee was varying between 35-104 what do guys think the fees will be once they launch mainnet.
How will the gas price be reduced? If the launch is successful, then the demand for the coin will increase, its price will rise and the cost of gas will only grow. This will continue until the ETH2.0 network supports payments and smart contracts. In the meantime, we need to wait for news on the completion of the testnet, it may take several months. Wasn't one of the main goals for 2.0 was to make the network more scalable which will mean the network won't be clogged any anymore which will mean that transactions with lower gas fees will easily go through? I was talking about when 2.0 is fully launched after phase 2 or 3. Phase 3 doesn't exist You are absolutely correct that one of the main goals is network scalability. And this should happen at the start of phase 2. I saw different predictions and interviews on this topic, but after what happened with the launch of phase 0, it all lost its relevance. The most optimistic forecast between the launch of phase 0 and phase 2 is one year, and the pessimistic one is 2-3 years. Guess then for the time being we will have to keep paying high transaction fees on ETH but, paying them for a year is a lot if you ask me hopefully in between they will do something that will make the network bit more scalable.
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JollyGood
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August 07, 2020, 09:17:14 AM |
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It is all up in the air right now. Nobody knows for sure what is going on and what will happen with tx fees or anything else. Running actual scenarios on the testnet will give an indication of what to expect but in reality the only way to know will be when using the live net. All predictions and estimates mean nothing at this stage. I was just wondering if it is 100% sure that once ETH 2.0 is launched the gas fees will drastically come down? For last week's gas fee was varying between 35-104 what do guys think the fees will be once they launch mainnet.
How will the gas price be reduced? If the launch is successful, then the demand for the coin will increase, its price will rise and the cost of gas will only grow. This will continue until the ETH2.0 network supports payments and smart contracts. In the meantime, we need to wait for news on the completion of the testnet, it may take several months.
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JollyGood
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August 10, 2020, 09:44:17 PM |
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It would not be surprising at all if the date was postponed and delayed again. It is something that many people are expecting to happen anyway.
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dishku
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August 11, 2020, 08:05:48 AM |
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It would not be surprising at all if the date was postponed and delayed again. It is something that many people are expecting to happen anyway. We can expect anything from Ethereum it is familiar for postponed but they are very confident this time so hopefully it will happen on time according to the plan. ETH is leading the DEFI ecosystem at the moment so let's see how they will manage this to make this release smooth.
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JollyGood
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August 11, 2020, 09:25:25 AM |
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That is the whole point, it is all about "ifs" and "whens", people are getting excited over nothing. Nothing has happened yet, just announcements and more tweeting... We can expect anything from Ethereum it is familiar for postponed but they are very confident this time so hopefully it will happen on time according to the plan. ETH is leading the DEFI ecosystem at the moment so let's see how they will manage this to make this release smooth.
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bitcampaign
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Vave.com - Crypto Casino
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August 11, 2020, 09:46:49 AM |
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That is the whole point, it is all about "ifs" and "whens", people are getting excited over nothing. Nothing has happened yet, just announcements and more tweeting... We can expect anything from Ethereum it is familiar for postponed but they are very confident this time so hopefully it will happen on time according to the plan. ETH is leading the DEFI ecosystem at the moment so let's see how they will manage this to make this release smooth. probably because the readiness is not really enough for ETH to release it so it has to postpone, but it's true what you say too many tweets about it, but it hasn't really worked until now
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Ruslan5412
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August 11, 2020, 11:38:00 AM |
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Can't wait for scaling solution, the fees are getting crazy.
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hd49728
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August 11, 2020, 01:22:47 PM |
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Now the crazy thing is you have to wait too long to get confirmation even you use 70 Gwei as fee for your transaction. It can be stucked for hours. Ethereum network was improved after the terrible congestion in 2017 by CryptoKitties and later FOMO ICOs but now with the FOMO DeFi, Ethereum network has another technical problem to solve. Fees are high and network congested again. I don't think it will be cooled down soon because now people are in FOMO with DeFi.
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Twinkledoe
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★Bitvest.io★ Play Plinko or Invest!
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August 11, 2020, 01:31:01 PM |
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Now the crazy thing is you have to wait too long to get confirmation even you use 70 Gwei as fee for your transaction. It can be stucked for hours. Ethereum network was improved after the terrible congestion in 2017 by CryptoKitties and later FOMO ICOs but now with the FOMO DeFi, Ethereum network has another technical problem to solve. Fees are high and network congested again. I don't think it will be cooled down soon because now people are in FOMO with DeFi.
Eth is now back into very busy days because of these DeFi projects. Crypto users should be vigilant with crap DeFi projects as scammers are using it as a playground of their new cheating scheme. Maybe after a year or so, we will see how many of that will continue to serve the DeFi community. And I guess, only few of them will survived.
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hd49728
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August 11, 2020, 03:11:07 PM |
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Eth is now back into very busy days because of these DeFi projects. Crypto users should be vigilant with crap DeFi projects as scammers are using it as a playground of their new cheating scheme. Maybe after a year or so, we will see how many of that will continue to serve the DeFi community. And I guess, only few of them will survived.
I know I know, CryptoKitties days are sweety and they are back with DeFi. Mins ago, SRM created another FOMO on DeFi. Damn it, my ETH transaction will be stucked that I did not expect when I moved it at more than 60 Gwei. Over 1000% in minutes, what a surprise. https://www.binance.com/en/legacy/SRM_BTC
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JollyGood
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August 11, 2020, 05:01:56 PM |
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The fees are not stable, sometimes they are low and sometimes they are way too high. Can't wait for scaling solution, the fees are getting crazy.
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ostrogoto2012
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August 11, 2020, 10:24:52 PM |
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Sorry but i don't think this are his wallet , or must have many other ethereum wallet, remember some project where his joined with his official twitter account and was different one!
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Sy
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Bounty Detective
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August 12, 2020, 06:04:10 AM |
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Sorry but i don't think this are his wallet , or must have many other ethereum wallet, remember some project where his joined with his official twitter account and was different one! That's his wallet he made a tweet about it back in 2008 ( https://twitter.com/VitalikButerin/status/1050126908589887488). But I do agree he probably got more wallets that he doesn't wanna share with the community.
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