|
tbct_mt2
|
 |
August 05, 2021, 04:20:58 AM |
|
Use the countdown and avoid any mistake to move your Ethereum around the hard fork. You never know what will happen with the hardfork and your coins if you move it shortly around the hard fork. Please wait very patiently and observe what happen with the hard fork, network and only move your coins when the hard fork successfully done and the network becomes stable again. It's a big note for newbies. |
|
|
|
|
|
|
|
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
zasad@
Legendary
 Offline
Activity: 1750
Merit: 4273
|
|
August 05, 2021, 10:18:10 AM |
|
Use the countdown and avoid any mistake to move your Ethereum around the hard fork. You never know what will happen with the hardfork and your coins if you move it shortly around the hard fork. Please wait very patiently and observe what happen with the hard fork, network and only move your coins when the hard fork successfully done and the network becomes stable again. It's a big note for newbies. You're right. Better to beware of payments during a hard fork. __ London ready & synced clients seen on the Ethereum network (last 24h) https://ethernodes.org/londonVery interesting statistics. 2 hours left for the hard fork and 23% of the nodes have not yet updated their software. Nodes must be updated on Ethereum 1.0 and Ethereum 2.0 networks. |
|
|
|
|
|
|
onecall123
|
|
August 05, 2021, 02:22:04 PM |
|
Everything is done. ETH's London upgrade just took place - including EIP-1559. The Ethereum blockchain may split into two chains, resulting in the creation of two ETH tokens. All of Ethereum's community members deserve congratulations. It's exciting! What will happen now? Since the ETH gas fee is ridiculously high, how is this supposed to solve anything? |
|
|
|
Daltonik
Legendary
Offline
Activity: 2520
Merit: 1490
|
|
August 05, 2021, 02:55:00 PM |
|
According to the data from the website https://ethburned.info / the ETH burn is going pretty well, judging by the data that it shows, the total burned is 541.64542295 ETH Burned out in the last hour - 300.25877449 ETH thus, 50 ETH is burned every 10 minutes  |
|
|
|
|
ivomm
Legendary
Offline
Activity: 1853
Merit: 2841
All good things to those who wait
|
|
August 05, 2021, 03:03:03 PM |
|
Everything is done. ETH's London upgrade just took place - including EIP-1559. The Ethereum blockchain may split into two chains, resulting in the creation of two ETH tokens. All of Ethereum's community members deserve congratulations. It's exciting! What will happen now? Since the ETH gas fee is ridiculously high, how is this supposed to solve anything? Gas fees before the fork: 8 gwei. Gas fees after the fork 82 gwei.  That was the biggest mystery nobody of the devs could explain. They claimed that the high gas fees are caused by malicious miners who somehow caused a conjestion on the blockchain. The number of transactions caused by the increasing price or usdt or defi has nothing to do I guess (this is a sarcasm of course). All this is only dust in the face of the average Joes who don't understand how the blockchain works. Then they came to the "brilliant" idea if they burn the gas fees, the miners will magically free the blockchain and thus the gas fees get lower. Now the only thing they achieved is to lower the minig profit with 20% hoping this will reduce the inflow to exchanges. Even devs were speaking about reducing supply, which is a big mistake. The block reward remains 2eth, nothing is reduced. Which is ridiculous of course. The miners will have to pay for the electricity and if the price is good to take profits. But the bigger problem is that with the POS, which is a blockchain variant of banking deposits, ethereum will get more centralized and declared as a security in USA. And this means more regulations and even bans like the ICOs. |
|
|
|
|
|
Inagame
|
|
August 05, 2021, 08:54:52 PM |
|
This fork was such a stupid idea that just made fees more than before, and it will not solve any problem on Ethereum. But the bigger problem is that with the POS, which is a blockchain variant of banking deposits, ethereum will get more centralized and declared as a security in USA. And this means more regulations and even bans like the ICOs.
Can ETH get more centralized then it is now? Sure it can with switching to POS. |
|
|
|
|
|
percy_tc
|
|
August 05, 2021, 09:00:53 PM |
|
Everything is done. ETH's London upgrade just took place - including EIP-1559. The Ethereum blockchain may split into two chains, resulting in the creation of two ETH tokens. All of Ethereum's community members deserve congratulations. It's exciting! What will happen now? Since the ETH gas fee is ridiculously high, how is this supposed to solve anything? The block reward remains 2eth, nothing is reduced. Which is ridiculous of course. thats nuts... This is what suppose to happen. No more 2++ block rewards.  |
|
|
|
|
fr4nkthetank
Legendary
Offline
Activity: 2294
Merit: 1182
Now the money is free, and so the people will be
|
|
August 05, 2021, 10:01:14 PM |
|
Well the hard fork is a shit show. Now all pools require high fees to withdraw earnings. Burned ETH means nothing, its all about people with a lot of ETH who want to increase the value of their stack by reducing supply to other people. Once POS is there, they will control most of the supply.
PASS
|
|
|
|
|
ivomm
Legendary
Offline
Activity: 1853
Merit: 2841
All good things to those who wait
|
|
August 06, 2021, 06:35:35 AM |
|
|
|
|
|
|
Daltonik
Legendary
Offline
Activity: 2520
Merit: 1490
|
|
August 06, 2021, 07:42:27 AM |
|
The COVIDPunks sale coincided with the London upgrade on the ETH network, the Ethereum network was clogged, which led to an increase in the transaction fee of 70 Gwei to more than 400 Gwei, thanks to this, COVIDPunks became the biggest “ETH burner”in an instant as a result, many transactions that were sent to mint COVIDPunks failed and potential buyers of COVIDPunk lost a total of 174.39 ETH or $489,868 on unsuccessful transfers. https://decrypt.co/77847/users-lose-490000-trying-to-mint-knockoff-cryptopunks-nfts |
|
|
|
|
|
JohnBitCo
|
|
August 06, 2021, 08:48:08 AM |
|
This fork was such a stupid idea that just made fees more than before, and it will not solve any problem on Ethereum. But the bigger problem is that with the POS, which is a blockchain variant of banking deposits, ethereum will get more centralized and declared as a security in USA. And this means more regulations and even bans like the ICOs.
Can ETH get more centralized then it is now? Sure it can with switching to POS. So you mean that fork was not a good idea ? Wouldn't they knew before what will be the impact on fee after this fork ? I think over the passage of time, burning of eth on every tanscation will make it a scare asset and it will eventually increase in demand. I would like to see if there is good signafinant impact on fee after few days of the fork. |
|
|
|
|
|
percy_tc
|
|
August 06, 2021, 01:48:38 PM |
|
This fork was such a stupid idea that just made fees more than before, and it will not solve any problem on Ethereum. But the bigger problem is that with the POS, which is a blockchain variant of banking deposits, ethereum will get more centralized and declared as a security in USA. And this means more regulations and even bans like the ICOs.
Can ETH get more centralized then it is now? Sure it can with switching to POS. So you mean that fork was not a good idea ? Wouldn't they knew before what will be the impact on fee after this fork ? I think over the passage of time, burning of eth on every tanscation will make it a scare asset and it will eventually increase in demand. I would like to see if there is good signafinant impact on fee after few days of the fork. Fee is already normal, but London fork is not about to lower fees, its about to make it predictable by make it automatic instead of manual/user bidding (which maybe will lower fees in a certain cenarios, time will tell) Besides of that transaction fees are burning which is indeed a good thing in long run. |
|
|
|
|
Piston Honda
Legendary
Offline
Activity: 2702
Merit: 1064
Juicin' crypto
|
|
August 06, 2021, 03:22:02 PM |
|
wait, the fork happened with no bugs?! WOW!! WHY IS MY ETH NOT WORTH 10k each right now?! Scam!!!!   |
$ADK ~ watch & learn...
|
|
|
fr4nkthetank
Legendary
Offline
Activity: 2294
Merit: 1182
Now the money is free, and so the people will be
|
|
August 06, 2021, 04:31:39 PM |
|
yay higher permanent fees for everyone
|
|
|
|
|
|
Inagame
|
|
August 07, 2021, 10:52:38 AM |
|
This is so stupid with this fees ethereum is now officially permanently unusable, and nobody even knows exactly how to calculate fees correctly now.
|
|
|
|
|
|
|
|
Inagame
|
|
August 08, 2021, 09:02:56 AM |
|
All those are not correct fees anymore after eip crap is introduced, please learn first and than come back to talk something. Now there is only base fee and priority fee. |
|
|
|
|
zasad@
Legendary
Offline
Activity: 1750
Merit: 4273
|
|
August 08, 2021, 09:40:32 AM |
|
All those are not correct fees anymore after eip crap is introduced, please learn first and than come back to talk something. Now there is only base fee and priority fee. Are you talking about this? https://notes.ethereum.org/@vbuterin/eip-1559-faqIf they are wrong then compare the values at https://www.gasnow.org/ and at https://etherscan.io/blocksGas trackers calculate the average gas price based on the current situation, and for most users there is no need to know about the base fee and priority fee |
|
|
|
|
|
|
