[ANN] Ethereum: Welcome to the Beginning

[NewCenturyBTC]

What the problem at now? Gas price at gasstatation for normal transaction now is 60-100 gwei, so expensive for make ETH transaction now.

[IncludeBeer]

What the problem at now? Gas price at gasstatation for normal transaction now is 60-100 gwei, so expensive for make ETH transaction now.

It literally changes by the moment. Now its 1-46 gwei...

Usually increased gas price is an indicator of increased use. Higher daily volumes means we a healthier and more liquid market.

[MadonnaLover]

Ok but what really caused this surge in gas price? Right now is 51 gwei which is pure madness https://ethgasstation.info/. First gas burner is telegram ico apparently? (GRAM  token) https://etherscan.io/address/0x82d3a142ddd44d2bd29a683f0691fbead3bccc44 . Second is Hash Power Token https://etherscan.io/address/0x1a0c31837edb132a9312841b9527e6307db13509. Third one is another ICO ? 3D blockchain token? https://etherscan.io/address/0x11016adcb85b65a0da8d8ddc3ade69dbad6bbca4 . Never heard of this two lol

This is one of the true critical problems of the Ethereum platform - still not scalable enough not just for mass adoption, but even for any peaks of transaction traffic.

[GogiR]

Comining - an excellent multi-pool for mining more than 30 coins of current and profitable cryptocurrencies at the moment, technical support via chat in Telegram and Discord. Convenient, simplified registration and subsequent authorization through your Google account (to register click "log in with Google"), detailed statistics of your account, as well as Top miners. Servers in Europe, Japan, Singapore, USA and Russia.

Fee: 1%
Mining: PPLNT, Solo, and Prop reward for mining.

- Stable payments
- DDOS protection
- Great ping
- Support Nicehash
- Full stats with charts, rewards and earnings
- Telegram and Discord chat support.

Join the pool to mine Ethereum ===> http://comining.me/ethereum

[Nightz]

Ok but what really caused this surge in gas price? Right now is 51 gwei which is pure madness https://ethgasstation.info/. First gas burner is telegram ico apparently? (GRAM  token) https://etherscan.io/address/0x82d3a142ddd44d2bd29a683f0691fbead3bccc44 . Second is Hash Power Token https://etherscan.io/address/0x1a0c31837edb132a9312841b9527e6307db13509. Third one is another ICO ? 3D blockchain token? https://etherscan.io/address/0x11016adcb85b65a0da8d8ddc3ade69dbad6bbca4 . Never heard of this two lol

This is one of the true critical problems of the Ethereum platform - still not scalable enough not just for mass adoption, but even for any peaks of transaction traffic.

This is an old story by now. We all know there are scalability problems, but we also all know that solutions are under way.

[AlloM]

What the problem at now? Gas price at gasstatation for normal transaction now is 60-100 gwei, so expensive for make ETH transaction now.

It literally changes by the moment. Now its 1-46 gwei...

Usually increased gas price is an indicator of increased use. Higher daily volumes means we a healthier and more liquid market.

But on other side it showing this network is not capable to handle load of transactions we still need a better platform and more fast network. That is the reason why other projects are making their space into this market.

[McDee]

Ok but what really caused this surge in gas price? Right now is 51 gwei which is pure madness https://ethgasstation.info/. First gas burner is telegram ico apparently? (GRAM  token) https://etherscan.io/address/0x82d3a142ddd44d2bd29a683f0691fbead3bccc44 . Second is Hash Power Token https://etherscan.io/address/0x1a0c31837edb132a9312841b9527e6307db13509. Third one is another ICO ? 3D blockchain token? https://etherscan.io/address/0x11016adcb85b65a0da8d8ddc3ade69dbad6bbca4 . Never heard of this two lol

This is one of the true critical problems of the Ethereum platform - still not scalable enough not just for mass adoption, but even for any peaks of transaction traffic.

This is an old story by now. We all know there are scalability problems, but we also all know that solutions are under way.

How soon this problem will be fixed. Because of these high commissions, I can not send a small number of tokens. A few days ago it was enough to put the price of gas at 1-2 Gwei and everything was fine. And now again this.

[dr.cheema]

Yesterday i wanted to made an transaction of 1 ethereum but again ethereum network over loaded and now gas price come back to 16.
Can i transfer ethereum to exchange ? Any idea about gas price, will gas price come back to 4 or 5 gwei ? or rise again to 70 gwei ?
How much time transaction will take to complete if i set current gas price 17 gwei ?

[SimpleMan]

Ethereum is an obvious, undisputed leader in the world of DApps. The "State of the DApps" website lists a huge number of decentralized applications on the Ethereum blockchain, now their current number is 1,601. EOS mainnet pump, hey, where are you? (32 DApps on EOS - extremely new and weak)

Things in crypto change instantly. One wrong step for Eth and one good one for EOS and
situation can change very quickly.

That is the nature in crypto, people invest on good and better technology but I don't see any chance that EOS
will takeover ETH in the near future, so I am still with ETH and ETH tokens and personally, I have invested heavily on some good coins.

EOS became one of the threats to many tokens, because the volume of EOS is increasing every day and certainly many people will HOLD.

EOS just have a good marketing, But in fact they are not a competitor to Ethereum. Thousands of projects on Ethereum network. And EOS very new. And EOS developers very greedy. They raised few billions usd. Why? For what? Its look like a good hype, but not a good long term project.

I agree with you EOS is still new platform even the blockchain of EOS just been launched by community of EOS, the money has been raised by blockone during ICO stage will be used for the software of projects be built on EOS platform, due to the blockone is just software development on EOS platform, it can be seen on the website of block.one. the projects on EOS platform can be seen on here too https://eosindex.io/posts

I can't even think of all those projects that could be built with the money they raised. I think it's completely unreal what they raised, but it seems the market agreed and people poured their money into EOS like crazy.

Yes you are right, the market agreed with actually it was like ethereum on the early many people who invested large of their money in it and many people doesn't believe in ethereum,  but the time had been answered that ethereum is sucessfull right now, the valid answer for EOS right now we must wait and see what will happen on EOS platform in the future.

Indeed and if you compare what Ethereum raised to what EOS raised, it just doesn't make a lot of sense. Whatever, nothing you can do about.

Yes ethereum is more better than EOS right now, i just don't understand many people said that EOS is ethereum killer the fact based on the information on their official social media EOS still doesn't have wallet to store of EOS, and many bugs has been found on EOS platform and EOS still doesn't have real products ( decentralize application dapps and smart contract on them).

For me they are two completely different projects. If you look at the fundamentals they will appeal to different groups of people. Those who want strong decentralization would be more in favor of Ethereum. And those who want more speed have been promised to get that with EOS.

[Iamtutut]

For speed, there are fast blockchains like zilliqa. And the overcentralization of EOS makes it unsafe by nature.

[shinratensei_]

What the problem at now? Gas price at gasstatation for normal transaction now is 60-100 gwei, so expensive for make ETH transaction now.

It literally changes by the moment. Now its 1-46 gwei...

Usually increased gas price is an indicator of increased use. Higher daily volumes means we a healthier and more liquid market.

Lol all of this scenario caused by there are some people were wasting their money on the ethereum network to create spam transaction. This spam transaction will increase the standard fees to sending any transaction.
This is no healthy i suppose. you can try to visit etherscan and do your research about that.

[Angel Di]

What the problem at now? Gas price at gasstatation for normal transaction now is 60-100 gwei, so expensive for make ETH transaction now.

This is possible usually when there is a very large ico. Perhaps now is the time, I certainly noticed it before. I think that this is the reason for network congestion and expensive gas.

[magisterr]

What happened with ethrereum? Tried to transfer my ETH and transaction in pending half of day already. Again overloaded?

[bbv4pawn]

eth has to make some serious upgrades soon, or it will be wiped out by the multitude of competitors like EOS, Stellar, Cardano, Tron and Lisk

[Hodlvcl]

What happened with ethrereum? Tried to transfer my ETH and transaction in pending half of day already. Again overloaded?

With me was 2 days gone. It is hard for make transaction with low gas price now

[caseback]

Team good luck and may this project be good as ever happy to hear this kind of succesfull project so best luck to this project.

[dr.cheema]

What happened with ethrereum? Tried to transfer my ETH and transaction in pending half of day already. Again overloaded?

In my opinion someone trying to dump the ethereum network because we are receiving few garbage coins like apple coin, food coin and gram coin etc.
Ethereum network overloaded again: https://ethgasstation.info/ I also want to transfer ethereum but i could not transfer because i know transaction can be stuck cause of over gwei price but i hope network will be normal soon. 

[romeox6x]

Someone with a bit more technical knowledge than me should make a contribution that shows the relatively small profits of ASIC miners over GPU miners under Ethash, and that the algorithm is basically successful in what it was developed for. This community is unreasonably about this problem and forking will throw the real solution-PoS-back.

[IncludeBeer]

Someone with a bit more technical knowledge than me should make a contribution that shows the relatively small profits of ASIC miners over GPU miners under Ethash, and that the algorithm is basically successful in what it was developed for. This community is unreasonably about this problem and forking will throw the real solution-PoS-back.

lol pretty sure forking just because we have asics (on the market for months now, privately on network for months before that) is not even a real idea. No one wants that.

[greatteager]

eth has to make some serious upgrades soon, or it will be wiped out by the multitude of competitors like EOS, Stellar, Cardano, Tron and Lisk

The ethereum will not be destroyed by anybody, the above mentioned coins for the present moment are beyond competition.