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Author Topic: I don't understand Ethereum  (Read 203 times)
Fivestar4everMVP
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March 07, 2021, 07:26:04 PM
 #21

Ethereum does nothing but provoke me this days most especially when it comes to transactions fees, I made up my mind to quit transacting on the Ethereum blockchain since I lost about one hundred and fifty dollars in two transactions which I made in a day, I was so angry that day because after spending that much on fees, I still couldn't buy the tokens I wanted to buy cus the two transactions failed even after they've collect my fees, it wasn't a pleasant day for me the day that happened, since then, I've been avoiding trading on erc20 tokens or any transaction that will have me paying fees in Ethereum.

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March 07, 2021, 08:23:02 PM
 #22

i think low gas on your wallet cause all this. its better not to initiate a transaction than have it fail and then start afresh. it usually cause high gas fee on subsequent transaction. i use token pockets very well and its been good, except if there is congestion, that high gwei should confirm at most 1 min.
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March 09, 2021, 04:50:00 AM
 #23

Ethereum does nothing but provoke me this days most especially when it comes to transactions fees, I made up my mind to quit transacting on the Ethereum blockchain since I lost about one hundred and fifty dollars in two transactions which I made in a day, I was so angry that day because after spending that much on fees, I still couldn't buy the tokens I wanted to buy cus the two transactions failed even after they've collect my fees, it wasn't a pleasant day for me the day that happened, since then, I've been avoiding trading on erc20 tokens or any transaction that will have me paying fees in Ethereum.
Well, while there are indeed problems with the gas level in transactions in the ethereum network, it may be necessary to limit their number until July, especially for small transactions. Although some note that such problems occur periodically and sometimes the gas level returns to normal. For now, I try not to make transactions on the ethereum network unnecessarily. We hope that this is a temporary problem and that from July this problem will be resolved due to the systematic implementation of Ethereum 2.0 improvements.
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