eTH gas trouble

[susuberuang]

We are really waiting for this, the best swap in my opinion right now is from Binance, unfortunately not DEX, I'm sure if this happens then other DEX will follow or die. and the other side, of course, is the low cost, not like Uniswap, which needs hundreds of dollars to swap.

Until now there is nothing new that can be tricked to minimize the cost of Gas transactions on the Ethereum network, and if it can be very helpful and can function like a DEX, then it is clear as you said that other DEXs will be very quiet from users.

[zulfi125]

ETH gas fees issue is a major issue for cyrpto users, there are many Dex's coming and some are working for sending ETH or any other token from ETH chain to another network, you can use xpollinate https://xpollinate.io/ bridge but fees is no less and bridges is also charging high fees due to eth gas fees high, I think may be future this issue can be resolve by ETH developers.

[fadil46]

It is very important for ethereum developers to handle these gas costs. The higher the day because the block made is very small compared to the transaction per second. Coupled with the market swap we need a lot of gas to queue so that all users of the erc20 network must feel the expensive costs.

That is why some people no longer use the Ethereum network and also no longer use very expensive Dex swaps like Uniswap, because it is very sacred to have to waste too much Gas fees on every transaction.

[K4C]

I said about this situation is that if this news a real and Ethereum fee price are low so definitely thousand of people invest in to this and they also want to transection about this so this act the Ethereum go to the moon and but some down into the first time.
So if that real so its a very good decision.

[Jackl87]

Anyone heard about upcoming swap Dex that will allow Ethereum bridge and others when making transactions, this way one can easily avoid ETH high gas fee and still be able to send ETH, new right? If this happens would it matter for ETH Devs to still do anything about the high gas fee?

I don't think that this is true, i mean if you have an asset be it Ethereum itself or an erc-20 token that is running on the Ethereum blockchain then you have to pay ETH gas fees even if you are using a bridge. In the end you have to send that ETH asset to that bridge first before it can be swapped to that token on the other chain be it BSC or Polygon or whatever. There are already a lot of bridges out there that you can choose from, but as i already said you still have to pay the ETH gas fee at least once and no new and upcoming bridge can do anything against that as far as i know so we still need to wait and hope that ETH 2.0 is a game changer in terms of fees.

[RiskySanchez]

Anyone heard about upcoming swap Dex that will allow Ethereum bridge and others when making transactions, this way one can easily avoid ETH high gas fee and still be able to send ETH, new right? If this happens would it matter for ETH Devs to still do anything about the high gas fee?

can you tell what swap dex supports low gas fee eth? Eth's gas fee is a major problem for developers to upgrade their network. I just never touch the ETH network again. BSC and polygon network is the best solution for now

[super bako]

I am a person who doesn't have a lot of money, so when my er20 wallet has a token with an estimated value of 100$, I will not exchange it, just leave it in the wallet except for the estimated 1000$. due to the step of exchanging on dex uniswap or ethereum network doing three transactions the cost is up to 100$ normally.?

[pauloaragaomelo]

I am a person who doesn't have a lot of money, so when my er20 wallet has a token with an estimated value of 100$, I will not exchange it, just leave it in the wallet except for the estimated 1000$. due to the step of exchanging on dex uniswap or ethereum network doing three transactions the cost is up to 100$ normally.?

Exchanging it for accumulated $100 for uniswap trades is really not worth it unless gas costs drop below 20 gwei but that is impossible at the moment as the gwei was as low as 25 gwei at the end of last year. if sending tokens for trading on the exchange then I target the erc20 transaction fee not to be higher than $20.

[Den3892]

We already see the development of Layer 2, there are already such bridges as Aurora with the ability to transfer entire applications from Etherium, and yet there are no changes in the price of gas.

[sana54210]

Anyone heard about upcoming swap Dex that will allow Ethereum bridge and others when making transactions, this way one can easily avoid ETH high gas fee and still be able to send ETH, new right? If this happens would it matter for ETH Devs to still do anything about the high gas fee?

Places like Matic with quickswap type of systems allow people to actually end up with a great return. I have to say that it is not something that I support directly because it means ETH is irreversibly bad, which I do not believe in, but I do believe that we are doing alright so far, not great but alright with ETH and that means all these bridge stuff will be gone one day when ETH is better. So for the time being they are fine, Matic is fine, SOL is fine, they all solve a problem that we have, but in the future when ETH gas fee drops then all of these projects will crash and they will not worth what they worth right now.

Look at BCH and BSV, they were solutions for high BTC transaction fee as well, and then BTC went with segwit and now doing bech32 or something forgot the name, and BCH/BSV combo is nowhere to be found because they are not needed anymore.

[tvplus006]

...So if that real so its a very good decision.

The problem with high commissions in the Ethereum network cannot be solved with the help of bridge. Using the bridge, you move your cryptocurrency to another alternative network with a lower commission, but when transferring, you will still need to pay a commission on both networks.

[24Kt]

...So if that real so its a very good decision.

The problem with high commissions in the Ethereum network cannot be solved with the help of bridge. Using the bridge, you move your cryptocurrency to another alternative network with a lower commission, but when transferring, you will still need to pay a commission on both networks.

If they can lower the transfer fee, why not? But if not, why move it to unfamiliar network? ETH already earned their credibility as a network, this is why people are trusting this despite of high gas fee. But if they will move to another network which we have no idea about their foundation or if they will stay long in the market, they have no assurance if they can get the services they want. We can only assess their performance once they are already up and running. If they are still in the development stage, then, we can't talk about them yet.

[Valak]

Ethereum network is known for its high transaction fees or gas fees. Some time ago, whale who called himself Mr. Whale, admitted to buy cup of coffe for 4 US dollars using ETH, and the gas fee was more expensive than the price of the cup of coffe he bought.

[letyouearn]

I don't quite understand how these gasless swaps work... If you transfer ETH from one wallet to another - you have to pay big fees. If you wrap ETH and then swap it with lower fees, you pay for wrapping, don't you?

[Traderbtcc]

We already see the development of Layer 2, there are already such bridges as Aurora with the ability to transfer entire applications from Etherium, and yet there are no changes in the price of gas.

Keep high each that will be issued when making transactions using the Ethereum (ETH) network. This is one of the reasons why many large projects use other crypto networks instead of the Ethereum (ETH) network.

I don't see why anyone who can't afford eth gas should be using it, I don't even think of making any transaction in eth since the gas fees are something else, instead I move to Near protocol and the gas fees there are super cheaper, buying,selling, Minting of NFTs everything on Near is super cheap and undervalued and with aurora live on near,any dev can easily move their project to aurora without changing a single line of code, aside that on Aurora transactions are gasless, meaning you can use all eth dapps without paying a dime for gas fees, mad stuff if you ask me.

[fullhdpixel]

Anyone heard about upcoming swap Dex that will allow Ethereum bridge and others when making transactions, this way one can easily avoid ETH high gas fee and still be able to send ETH, new right? If this happens would it matter for ETH Devs to still do anything about the high gas fee?

I think is going to be a jaw dropping initiative if it is going to be realizable but what I see from this post it isn't, because for you to move from ETH network to another will also demand gas fee, it hasn't remedied the problem here. Now all eyes are on arrival of ETH2.0 as that might be solving the gas problem significantly. Still, we need to consider other dapps platform based coins to save on transaction fees.

I mean if ETH2.0 gets delayed then I guess etehreum cannot hold all the people to keep supporting it as they might be preferring to switch to other similar coins for saving their transaction fees. So, ethereum devs need to address this as early as possible for the sake of continuous growth of ethereum.

[wmaurik]

Keep high each that will be issued when making transactions using the Ethereum (ETH) network. This is one of the reasons why many large projects use other crypto networks instead of the Ethereum (ETH) network.

Nothing can be tricked if the network is Ethereum (ETH), because improvements to transaction fees on the Ethereum (ETH) network have not yet come even though the value of Ethereum (ETH) itself has decreased in the market but the Gwei fees are still rising.

[asyakashi]

I think we already have a lot of networking alternatives. Not only bsc or solana now we know with matic polygon. if an NFT craftsman is definitely no stranger to polygon networks because this network is very cheap and similar to ethereum.

[bakasabo]

I think we already have a lot of networking alternatives. Not only bsc or solana now we know with matic polygon. if an NFT craftsman is definitely no stranger to polygon networks because this network is very cheap and similar to ethereum.

Polygon network can not be counted as a true solution to Ethereum high transaction fees, as fees in Polygon blockchain also rises. If not mistaken, they have increased two times during 2 months. Previously I was able to claim few MATIC from faucet to make a transaction and I even had some MATIC left. Now one claim from same faucet is not enough to make a transaction. Polygon is still cheap, but transaction fees are rising, same as BSC network fees. Slowly, every blockchain that tries to replace Ethereum, is having same increased fee problem.

[kapalmabur]

I think we already have a lot of networking alternatives. Not only bsc or solana now we know with matic polygon. if an NFT craftsman is definitely no stranger to polygon networks because this network is very cheap and similar to ethereum.

Not similar to Ethereum but because Matic itself was previously built through the Ethereum network, the Polygon network now looks almost similar to Ethereum and only differs in terms of transaction fees.

Yes, if we talk about transaction fees, it is indeed different and we can see for ourselves that the transaction fees of the Ethereum network are really high and inversely proportional to the Polygon network,
hope Ethereum transaction fees can go down and we'll see what happens