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Author Topic: Volatile Gwei Gas Fees help!  (Read 529 times)
sunsilk
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October 19, 2021, 05:24:47 PM
 #41

Okay how do you prevent transactions from failing?

If im paying miners a fee for them to work to make transaction successful like you mentioned, then why transaction comes back as failed?

What do you mean no connection with the metamask wallet? All other eth wallets are fine except metamask for gas fee refunds?
If the fee you set and paid isn't recommended by the network then it will really be stuck. But if you paid the recommended fee then there's a sudden surge to the fee set by the miners then it'll be delayed.

If you track your transaction there's an estimated time of confirmation of it. The fees for ERC20 tokens really suck and too much and that's why before you send any token, think of it if it's worth it for you to pay their recommended fee.

Is there a difference between stuck and failed transactions?

Fail transactions means your tokens are not sent but you still have to pay gas fee for the failed transaction?

Stuck means it has been sent, stuck somewhere on the ethereum chain but eventually will get to the receiver but at a long time?
That's right.

Stuck is just delayed transaction.

While the failed transaction, you have to re-do the process because your transaction has never been processed and never gone through. So how's your transaction doing?

If you pay for the not recommended fee then you're likely to get both, it really depends to the network and how much the miners fee are.

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qigong13
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October 19, 2021, 08:01:11 PM
 #42

Okay how do you prevent transactions from failing?

If im paying miners a fee for them to work to make transaction successful like you mentioned, then why transaction comes back as failed?

What do you mean no connection with the metamask wallet? All other eth wallets are fine except metamask for gas fee refunds?
If the fee you set and paid isn't recommended by the network then it will really be stuck. But if you paid the recommended fee then there's a sudden surge to the fee set by the miners then it'll be delayed.

If you track your transaction there's an estimated time of confirmation of it. The fees for ERC20 tokens really suck and too much and that's why before you send any token, think of it if it's worth it for you to pay their recommended fee.

Is there a difference between stuck and failed transactions?

Fail transactions means your tokens are not sent but you still have to pay gas fee for the failed transaction?

Stuck means it has been sent, stuck somewhere on the ethereum chain but eventually will get to the receiver but at a long time?
That's right.

Stuck is just delayed transaction.

While the failed transaction, you have to re-do the process because your transaction has never been processed and never gone through. So how's your transaction doing?

If you pay for the not recommended fee then you're likely to get both, it really depends to the network and how much the miners fee are.
Wasn't that you can spend more gas to speed up the stuck/in-hang-of-waiting trasaction? So why would you get both failed and stuck if I speed up the transaction?
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October 19, 2021, 08:19:39 PM
 #43

Okay how do you prevent transactions from failing?

If im paying miners a fee for them to work to make transaction successful like you mentioned, then why transaction comes back as failed?

What do you mean no connection with the metamask wallet? All other eth wallets are fine except metamask for gas fee refunds?
If the fee you set and paid isn't recommended by the network then it will really be stuck. But if you paid the recommended fee then there's a sudden surge to the fee set by the miners then it'll be delayed.

If you track your transaction there's an estimated time of confirmation of it. The fees for ERC20 tokens really suck and too much and that's why before you send any token, think of it if it's worth it for you to pay their recommended fee.

Is there a difference between stuck and failed transactions?

Fail transactions means your tokens are not sent but you still have to pay gas fee for the failed transaction?

Stuck means it has been sent, stuck somewhere on the ethereum chain but eventually will get to the receiver but at a long time?
That's right.

Stuck is just delayed transaction.

While the failed transaction, you have to re-do the process because your transaction has never been processed and never gone through. So how's your transaction doing?

If you pay for the not recommended fee then you're likely to get both, it really depends to the network and how much the miners fee are.

So I have to pay the gas fees again to re-do for failed transactions?
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October 19, 2021, 08:36:07 PM
 #44

....
So I have to pay the gas fees again to re-do for failed transactions?
That would mean you have to send a different transaction with a new tx hash so YES you would need to pay a new tx fee for that.

It's one of the headaches of on-chain transactions over Ethereum and even in BSC.

R


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October 19, 2021, 09:43:37 PM
 #45

....
So I have to pay the gas fees again to re-do for failed transactions?
That would mean you have to send a different transaction with a new tx hash so YES you would need to pay a new tx fee for that.

It's one of the headaches of on-chain transactions over Ethereum and even in BSC.

But BSC is much cheaper and less congested right?

I don't understand how the sender is liable to the miners for failed transactions when the sender wallet allows different fee set speed send services, like slow, medium or fast. If sender is liable for failed transaction fees according to the eth blockchain rules then sender should definitely not be liable for failed transactions sent on normal default or fast fees because how is it the sender's fault  Huh
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October 19, 2021, 10:33:51 PM
 #46

....
So I have to pay the gas fees again to re-do for failed transactions?
That would mean you have to send a different transaction with a new tx hash so YES you would need to pay a new tx fee for that.

It's one of the headaches of on-chain transactions over Ethereum and even in BSC.

But BSC is much cheaper and less congested right?

I don't understand how the sender is liable to the miners for failed transactions when the sender wallet allows different fee set speed send services, like slow, medium or fast. If sender is liable for failed transaction fees according to the eth blockchain rules then sender should definitely not be liable for failed transactions sent on normal default or fast fees because how is it the sender's fault  Huh
I wouldn't say BSC is less congested since there are also days when daily transactions surpasses Ethereum.

Yes the fees are cheaper there since they have more control on the gas price with only 21 validating nodes. The validators changes from time to time but the total number doesn't.

It's not the responsibility of the Ethereun miners how much fees you used to send. They also do not set the gas price. You should probably remove from your head the centralized finanvial system where fees are fixed for a while and refunds can be done.

R


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October 19, 2021, 10:51:32 PM
 #47

Its like every 10 secs the fees are so volatile according to:

https://ethgasstation.info/index.php?curr=gbp

I sent coins to exchange at 'standard less than 5 mins' fee at 105 Gwei which was recommended at the time on the site above. After like 20 secs later I refreshed that site and now the same fee has gone up to 132 gwei  Shocked

Now I see on the Etherscan global transaction explorer that it will take 11hrs still Pending status for confirmation wth  Angry

When I choose gwei when sending, ok after that I take a few mins to double check deposit address to make sure you know what I mean before I click on the final submit send coins button. During those few mins the gwei fee can change right meaning the recommended fee shown at the site above can now be outdated and too slow now correct if gwei fees gone up during that time meaning instead of 5mins I gotta wait 11hrs now?


Every time I trade I always open a lot of pages to track current Gwei gas like https://etherscan.io/gastracker is one of my favorite sites, gas fees are volatile and quite high compared to what we expect so it becomes more and more difficult to execute the transaction. Many times I transacted to adjust the gas fee as required but only after 5s the gas fee changed this makes me always confused Gwei it changes very fast and my transaction is done by manual operation very slow , hope that ETH 2.0 comes out will make gas fees more stable and fees lower than today.

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October 19, 2021, 11:08:40 PM
 #48

-snip-
Exactly, ETH gas gwei is very volatile and the cost is very high, so crazy. I
Now the gas is about 90 gwei but I am sure that some seconds later, it will be more than 100,  Grin
I canceled and delayed sending tokens several times because until now, there is no good time for sending them that I found. I missed them when it comes under 50 gwei at that time but I couldn't do it because I am outside and cannot send it.
And after turning back at home and going to send, it has been more than 100 gwei again. so crazy.  Grin

R


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Oilacris
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October 19, 2021, 11:17:29 PM
 #49

Its like every 10 secs the fees are so volatile according to:

https://ethgasstation.info/index.php?curr=gbp

I sent coins to exchange at 'standard less than 5 mins' fee at 105 Gwei which was recommended at the time on the site above. After like 20 secs later I refreshed that site and now the same fee has gone up to 132 gwei  Shocked

Now I see on the Etherscan global transaction explorer that it will take 11hrs still Pending status for confirmation wth  Angry

When I choose gwei when sending, ok after that I take a few mins to double check deposit address to make sure you know what I mean before I click on the final submit send coins button. During those few mins the gwei fee can change right meaning the recommended fee shown at the site above can now be outdated and too slow now correct if gwei fees gone up during that time meaning instead of 5mins I gotta wait 11hrs now?


Ive been using gasnow.org when checking out gas fees and have integrated some browser extension which is helpful for me to check out if its worth to make out some erc20 transactions or not basing on the gas fees.

I have checked out gasnow and it now turns to https://bitcoin.org/en/ or redirecting which i dont know on what happened but you could also check out on https://etherchain.org/tools/gasnow

which it is just really normal to have those volatile Gwei counts from seconds to seconds which i consider to be typical or default.
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October 20, 2021, 05:27:43 AM
 #50

Its like every 10 secs the fees are so volatile according to:

https://ethgasstation.info/index.php?curr=gbp

I sent coins to exchange at 'standard less than 5 mins' fee at 105 Gwei which was recommended at the time on the site above. After like 20 secs later I refreshed that site and now the same fee has gone up to 132 gwei  Shocked


Yeah this really sucks and it happened to me too both on the ethereum chain and on the bitcoin chain. As far as i know you can speed up your transaction, if you have sent it with metamask. Then your transaction will be rebroadcasted again with a higher gas fee. This is not ideal as you have to spend the gas fee twice and there is no guarantee for success but it might be worth a try if that transaction is time critical. There is also a way to remove your transaction from the blockchain, but that is more complicated and you definitely need to follow the guides there step by step.
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October 20, 2021, 06:55:06 AM
 #51

This is already ridiculous, an Ethereum network has become troublesome, very high fee and a big time delay, honestly I did not use an Ethereum network only in compulsory cases only, if I have an option I will choose any other network such as Binance or Tron or Polygon.
On mentioning high fees I have NFT in my wallet I want to sell but surprised that the sale fee is higher than NFT itself !!! So I decided to keep it in the wallet until finish updating the Ethereum network to version 2.

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October 20, 2021, 02:41:35 PM
Last edit: October 24, 2021, 06:00:54 AM by mprep
 #52

....
So I have to pay the gas fees again to re-do for failed transactions?
That would mean you have to send a different transaction with a new tx hash so YES you would need to pay a new tx fee for that.

It's one of the headaches of on-chain transactions over Ethereum and even in BSC.

But BSC is much cheaper and less congested right?

I don't understand how the sender is liable to the miners for failed transactions when the sender wallet allows different fee set speed send services, like slow, medium or fast. If sender is liable for failed transaction fees according to the eth blockchain rules then sender should definitely not be liable for failed transactions sent on normal default or fast fees because how is it the sender's fault  Huh
I wouldn't say BSC is less congested since there are also days when daily transactions surpasses Ethereum.

Yes the fees are cheaper there since they have more control on the gas price with only 21 validating nodes. The validators changes from time to time but the total number doesn't.

It's not the responsibility of the Ethereun miners how much fees you used to send. They also do not set the gas price. You should probably remove from your head the centralized finanvial system where fees are fixed for a while and refunds can be done.

Dayum, just 21 nodes? How is this decentralized?

How many nodes does Polygon & Tron have?



Its like every 10 secs the fees are so volatile according to:

https://ethgasstation.info/index.php?curr=gbp

I sent coins to exchange at 'standard less than 5 mins' fee at 105 Gwei which was recommended at the time on the site above. After like 20 secs later I refreshed that site and now the same fee has gone up to 132 gwei  Shocked

Now I see on the Etherscan global transaction explorer that it will take 11hrs still Pending status for confirmation wth  Angry

When I choose gwei when sending, ok after that I take a few mins to double check deposit address to make sure you know what I mean before I click on the final submit send coins button. During those few mins the gwei fee can change right meaning the recommended fee shown at the site above can now be outdated and too slow now correct if gwei fees gone up during that time meaning instead of 5mins I gotta wait 11hrs now?


Ive been using gasnow.org when checking out gas fees and have integrated some browser extension which is helpful for me to check out if its worth to make out some erc20 transactions or not basing on the gas fees.

I have checked out gasnow and it now turns to https://bitcoin.org/en/ or redirecting which i dont know on what happened but you could also check out on https://etherchain.org/tools/gasnow

which it is just really normal to have those volatile Gwei counts from seconds to seconds which i consider to be typical or default.

Yeah that gasnow site has been shut down. That was the best most accurate site for checking gas fees?



Its like every 10 secs the fees are so volatile according to:

https://ethgasstation.info/index.php?curr=gbp

I sent coins to exchange at 'standard less than 5 mins' fee at 105 Gwei which was recommended at the time on the site above. After like 20 secs later I refreshed that site and now the same fee has gone up to 132 gwei  Shocked


Yeah this really sucks and it happened to me too both on the ethereum chain and on the bitcoin chain. As far as i know you can speed up your transaction, if you have sent it with metamask. Then your transaction will be rebroadcasted again with a higher gas fee. This is not ideal as you have to spend the gas fee twice and there is no guarantee for success but it might be worth a try if that transaction is time critical. There is also a way to remove your transaction from the blockchain, but that is more complicated and you definitely need to follow the guides there step by step.

I thought it was impossible to remove recorded entries from a decentralized public blockchain with lots of nodes. So what do you mean there's a way to remove a transaction from a blockchain  Huh

[moderator's note: consecutive posts merged]
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October 20, 2021, 09:43:54 PM
 #53

Wasn't that you can spend more gas to speed up the stuck/in-hang-of-waiting trasaction? So why would you get both failed and stuck if I speed up the transaction?
Yes, you can speed up your transaction if gets stuck while in the failed transaction, there's no way to speed it up because it has been dropped by the network already. That's the difference between stuck and failed transaction, in failed transaction you have to make the transaction again.

So I have to pay the gas fees again to re-do for failed transactions?
Yes, it's like re-doing the process of sending and that's why you have to resend it just like the usual thing that you do.

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October 20, 2021, 10:11:54 PM
 #54

But why do you use ethereum?  Huh Just use something else till eth2.0 Cool
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October 20, 2021, 11:18:04 PM
 #55

 The gas prices varies from time to time depending on the amount of transaction been processed at that particular time, I gotta admit it kinda sucks to always watch gas prices before making any transaction, the Internet money shouldn't cost more than $1 per transaction, personally have stopped using or moving eth assets since the gas fees are more expensive than a monthly paycheck over here, instead of always watching eth gas prices before making any transaction while not just move to a better blockchain where you won't have an heart attack when you wanna make a transaction,maybe bsc or near Protocol, although I would recommend Near Protocol cause the gas fees need for transaction on Near blockchain is just $0.01 and it will never go higher than that, stop getting heart attacks when you wanna make a transaction its silly.

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October 21, 2021, 12:06:55 AM
 #56

I fucking hate these gas fees, they make me so mad. They are so inconsistent and high all the time, I’ve had enough. I now use NEAR to do most of my transactions and trade NFTS because it’s just so much cheaper. The gas fees are almost non and they are consistent. It’s nice knowing you are always going to get a good deal because the stress that some of these gas fees from other networks bring especially when they are low one day and super high the next is insane and I’m just sick of it. I can’t wait until this whole high gas fee phase is over because fuck it’s annoying and it’s honestly holding the crypto market back a lot.
very_452001 (OP)
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October 21, 2021, 02:35:39 PM
 #57

The gas prices varies from time to time depending on the amount of transaction been processed at that particular time, I gotta admit it kinda sucks to always watch gas prices before making any transaction, the Internet money shouldn't cost more than $1 per transaction, personally have stopped using or moving eth assets since the gas fees are more expensive than a monthly paycheck over here, instead of always watching eth gas prices before making any transaction while not just move to a better blockchain where you won't have an heart attack when you wanna make a transaction,maybe bsc or near Protocol, although I would recommend Near Protocol cause the gas fees need for transaction on Near blockchain is just $0.01 and it will never go higher than that, stop getting heart attacks when you wanna make a transaction its silly.

Is Near blockchain cheaper than Polygon Blockchain?

How many validators the Near blockchain has and why would a trader use Near over Polygon?
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October 21, 2021, 03:17:05 PM
 #58

I fucking hate these gas fees, they make me so mad. They are so inconsistent and high all the time, I’ve had enough. I now use NEAR to do most of my transactions and trade NFTS because it’s just so much cheaper. The gas fees are almost non and they are consistent. It’s nice knowing you are always going to get a good deal because the stress that some of these gas fees from other networks bring especially when they are low one day and super high the next is insane and I’m just sick of it. I can’t wait until this whole high gas fee phase is over because fuck it’s annoying and it’s honestly holding the crypto market back a lot.
Yeah, fuck ETH gas fees. Each transaction is now like playing with roulette because of the inconsistent. Sick of having to get another tab to calculator the gas wei so you can just barely make it into the pool and allow the miner to pick it up. You and I aren't alone, bet many people will start to migrate out of ETH because of this.
very_452001 (OP)
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November 08, 2021, 03:05:26 PM
 #59

Anyone know the best website now to track Gwei Gas?
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November 08, 2021, 03:12:41 PM
 #60

yes, i also feel very high gas..yesterday i tried to send my token worth $450, and i want to exchange on uniswap, but i have to spend more than $100, that's why i don't do it.no solution to this problem yet. Cry

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