eTH gas trouble

[Ziskinberg]

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

I was hopeless to see the ETH transactions fee goes down as it was more than 3 years that we've been struggling with this thing and not given the chance to change even though there are hard forks and upgrades happening. Fees are the main reason why other platforms gain an increase in users. Polygon and BSC have made it right and helped the community. Even me, I use to convert my ETH to other coins for this sake.

[VanDeinsberg12]

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.

I think this is kinda right because even BSC that was meant as a solution for the fee problem that ETH has right now finally and slowly having their fee increased despite designed by famous exchange like binance that knows really well about this kind of technical aspect.
matic I think more or less is the same because it’s basically having the same system as the rest of other alternative smart contract platforms and it’s most definitely gonna be experiencing the same problem regarding the fas price if their growth continues, but It’s just better having all these projects that are intensive like gaming projects spread across multi smart contract platform rather than just single platform so the fee problem could be lessened.

[yohananaomi]

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.?

you do the right thing, it's better to wait for the situation to recover, in the sense that what you can do is reasonable and acceptable. because so far with a small nominal, if you do anything, it will be eroded by transaction costs that are not comparable to what you have.

for now, holding on to the wallet any longer is a very commendable act, waiting for changes to occur, which may or may not happen. because it saw that ethereum had not yet launched its new program due to some unknown obstacles which had also made one of its founders leave.

[Cornia]

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?

Ethereum high gas fee is a long standing problem. ETH developers have tried to solve this, but so far have not been successful. However, if you want you can do ETH transaction at low fee using other network like BSC network.

[SirLancelot]

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?

Upcoming? What about the past dexe's. I heard that uniswap now allows polygon and polygon can be able to bridge your eth assets to the polygon network for you to trade in a much cheaper way. There is still a fees on doing this but it does not pass the fees that eth network ask.

If there are new exchanges that have a similar support well that's good, we have an alternative and see if the experience are much better than the previous competitors. Eth dev's wont let their costumers fled away because of the fee problem but they already acted before to solve the issue, have you heard of the eth 2.0? It is said to be done by this year so stay tuned.

[rmhuntley]

Anything about upcoming swap still use erc20 you need have ready much eth as fees transaction need to pay, if you want small fees you can use with BSC or polygon network. I think ETH still as most higher fees network than other network but usually only ETH as network without trouble, usually BSC get trouble and take more than one hour for transaction success with deposit or withdrawing BSC coin on exchange market but ETH always on time with higher fees.

[bakasabo]

Almost all coins experience a drop in price including Ethereum and gas fees while Ethereum transactions are still high wherever or whatever type of swap is being made.

When was the last time you made a transaction on Ethereum? 6 weeks ago I've spent nearly a hundred dollars for a token transaction, now, based on etherscan.io I can do the same for $40. I would not call it "still high". And the transaction of just an Ethereum would cost couple of dollars. The trick of expensive transaction is in a contracts. If not, then why would sending two different tokens to the same address cost differently?

[wmaurik]

Yes, it can't be tricked if the transaction is the Ethereum (ETH) network. Almost all coins experience a drop in price including Ethereum and gas fees while Ethereum transactions are still high wherever or whatever type of swap is being made.

Now the Ethereum price position has started there is a slight improvement in the market but the position of Gas transaction fees is still the same and tends to increase so there is no stable word in terms of Ethereum transaction Gas fees for now.

[Hypnosis00]

Yes, it can't be tricked if the transaction is the Ethereum (ETH) network. Almost all coins experience a drop in price including Ethereum and gas fees while Ethereum transactions are still high wherever or whatever type of swap is being made.

Now the Ethereum price position has started there is a slight improvement in the market but the position of Gas transaction fees is still the same and tends to increase so there is no stable word in terms of Ethereum transaction Gas fees for now.

Yeah, as the price drops I was thinking that ETH fees drop also but it was unfortunate to see nothing had changed as it remains high. That I guess, ETH gas fee has a fewer chance to drop, not anymore. That gives us no choice but to use other platforms that fees are considerably cheap and affordable.

I'm now in the use of BSC and XRP to transfer my coins to my personal wallet from the exchanger and you know what, I save more compared to using directly ETH. So I guess, it doesn't give us worries as we still have other options.

[rmhuntley]

Yes, it can't be tricked if the transaction is the Ethereum (ETH) network. Almost all coins experience a drop in price including Ethereum and gas fees while Ethereum transactions are still high wherever or whatever type of swap is being made.

Now the Ethereum price position has started there is a slight improvement in the market but the position of Gas transaction fees is still the same and tends to increase so there is no stable word in terms of Ethereum transaction Gas fees for now.

Yeah, as the price drops I was thinking that ETH fees drop also but it was unfortunate to see nothing had changed as it remains high. That I guess, ETH gas fee has a fewer chance to drop, not anymore. That gives us no choice but to use other platforms that fees are considerably cheap and affordable.

I'm now in the use of BSC and XRP to transfer my coins to my personal wallet from the exchanger and you know what, I save more compared to using directly ETH. So I guess, it doesn't give us worries as we still have other options.

Usually have drop when eth price dump but not as our expectation because gas fees still pump, maybe not any chance to get moment like last three years where gas fees down and purchase only few cent for sending coin, when first time Uniswap launch almost gas fees never dump and impossible we can purchase under $1 for sending coin as fees transaction. I think with many dapp erc network opening never get moment with lower gas fees of eth.

[kojektea]

It seems like there are already many ethereum bridges to deal with this problem. Like BSC, MATiC. SOLE. They can be used as a replacement for the very expensive ethereum gas. In opensea even we pay ethereum by using the polygon network so it does not cost expensive.

[ice18]

It seems like there are already many ethereum bridges to deal with this problem. Like BSC, MATiC. SOLE. They can be used as a replacement for the very expensive ethereum gas. In opensea even we pay ethereum by using the polygon network so it does not cost expensive.

You will still required to use expensive gas in opensea to convert your eth into polygon network so you cant escape with this frustrating gas, Ive missed so many trade opportunities last year because I don't want to spend that huge money just to buy a token on dexes since new tokens are always listed first in dex like Uniswap.

[arbifahrozy]

Etherium gas fee is very high . i wonder still people paying high fee in opensea to mint NFT. Solono and matic is goid competitor. I would recommend everyone thinking about elsewhere from ETH. this summer will be finished mining’s on ETH so I believe gas fee will really increase after this.

[JayTrain]

I recently created a transaction to send tokens on the ETH network, several days have already passed, I set gwai 45 about $ 10 gas fee, I will not pay a penny anymore, the transaction is still in processing.Today, this network is not a priority for me, I am not ready to pay $ 30-50 per transaction...I don't understand the people who trade on dex exchanges in this network.

[Psynthax]

i wonder still people paying high fee in opensea to mint NFT. Solono and matic is goid competitor.

They think that if they mint good NFT with it and they can get good amounts of money + covered their fees after they have sold their NFT to the open sea. The fact that if selling NFT was also the most difficult thing these days. Solana and matic were good but this is not so popular like ethereum. Some people are still prefer to pay lots of money for the fees.

I would recommend everyone thinking about elsewhere from ETH. this summer will be finished mining’s on ETH so I believe gas fee will really increase after this.

Finished for what? there's no even a date about when ethereum 2.0 will come. Your conclusion was totally non sense thing. Ethereum gas fees has no correlation with mining. It seems you didn't even know how it works.

[Natalim]

I recently created a transaction to send tokens on the ETH network, several days have already passed, I set gwai 45 about $ 10 gas fee, I will not pay a penny anymore, the transaction is still in processing.Today, this network is not a priority for me, I am not ready to pay $ 30-50 per transaction...I don't understand the people who trade on dex exchanges in this network.

It means that $10 is not enough to complete your transactions and that automatically cancels your transactions and says not enough trx fee. Well, 7 days passed, and still not processed, that becomes annoying, and still, it never arrives for sure. If that happens to me, I don't pay much like $30-50, that unless if we move $1,000 worth of ETH maybe it is considerable but if you just move $100, that makes no sense. I'd rather let my coins be stuck in my wallet than pay more.

[KaliLinux]

Is this a new one? Is there any link you could provide for us to check? There have been many platforms that bridges Ethereum and layer 2 networks or other chains but they are still not spared from the fees on their first transfer.

...If this happens would it matter for ETH Devs to still do anything about the high gas fee?

Yes it does since many people still prefer transferring funds without using third party apps or platforms.

Plus the Devs understands that they will want the users back so I don't think because there is a system where people can bridge from Ethe Network to other Networks will make the Eth Devs give up on finding a solution to the gas issues except they feel those people are no longer needed which I doubt. 

[poodle63]

I think this is just your imagination, I don’t think this kind of swap that could allows us avoiding the high gas fee caused by the eth exists.
the best choice right now is just ditching ethereum and move in other smart contract blockchain, there are so many smart contract blockchain out there and so many of them are actually having the same amount great quality projects in their
waiting for the fee gets solved will just waste your time, your efforts better being put in other smart contract platform that allows you becomes more productive in the long run with all your investment instead of letting your investment getting eaten by the high gas fee that seems ridiculous.

[Ngemmeng]

i just found out about this problem but for sure the ethereum development team should do something to reduce the very high network cost on ethereum network. to my knowledge if you choose a bridge it will consume more gas costs, even though you switch to another network that has less network costs.

[yohananaomi]

i just found out about this problem but for sure the ethereum development team should do something to reduce the very high network cost on ethereum network. to my knowledge if you choose a bridge it will consume more gas costs, even though you switch to another network that has less network costs.

looks like you're not the only one who's new to this, but I also just found out and tried to find an understandable news source but so far there has been no detailed explanation other than "Bridges are connections that allow arbitrary transfer of tokens and/or data from chain one to other chains"

but will this be able to reduce the cost of ethereum based ? I can't say for sure but as long as ethereum is still expensive, it can be ascertained that there is a cause and effect, because the price of ethereum is indeed expensive and it can't be avoided that there will be high costs. other than that ethereum will provide its own alternative path and that is obviously always awaited.