WalkerIVIV
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June 11, 2023, 10:39:26 PM |
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you can be getting tired of the fee, however i'm sure this fee will not get resolved anytime soon, you should take advantage of the alternative blockchain that already being recommended by many people, even using second layer blockchain is fine if you think the gas fee just doesn't make sense to you.
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CapGelatik
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June 11, 2023, 11:03:12 PM |
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Ethereum is currently known for its expensive gas fee, even though in 2018 Ethereum became the top no. 1 blockchain platform, but after BSC appeared, of course BSC is more attractive and cheaper. I hope that the gas fee on Ethereum can overcome the problem because live is very dependent on it.
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shinratensei_
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June 11, 2023, 11:16:58 PM |
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Ethereum is currently known for its expensive gas fee, even though in 2018 Ethereum became the top no. 1 blockchain platform, but after BSC appeared, of course BSC is more attractive and cheaper. I hope that the gas fee on Ethereum can overcome the problem because live is very dependent on it.
it could be said that the very reason ethereum could have this massive gas is because it is no.1 smart contract blockchain platform right now. so many meme coins getting deployed added with the fact that there are some NFT being deployed into the platform, and not to mention the airdrops mechanism nowadays that got implemented quite literally just boost the burden on the blockchain, i think there's most certainly long way to go until things gets resolved for this blockchain to get the lowest fee there is, because if not for the value that's quite high. i'm sure the fee is relatively low, 13 gwei is normal back then but ethereum price just keep growing and growing making it seem really expensive.
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Dr.Osh
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June 12, 2023, 05:19:33 AM |
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Personally, I also avoid transactions using the ethereum network, but the only drawback of ethereum right now is the high gas. it's just that, it still can't cover that ethereum is a very promising coin. in fact, with these drawbacks, ethereum is still the king of altcoins, even BNB or networks that have lower fees than ethereum cannot exceed that. because of this, I prefer to hold ethereum than other altcoins, but I avoid coin transactions with the ERC20 network
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Blitzboy
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June 12, 2023, 04:03:49 PM |
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Ethereum is currently known for its expensive gas fee, even though in 2018 Ethereum became the top no. 1 blockchain platform, but after BSC appeared, of course BSC is more attractive and cheaper. I hope that the gas fee on Ethereum can overcome the problem because live is very dependent on it.
it could be said that the very reason ethereum could have this massive gas is because it is no.1 smart contract blockchain platform right now. so many meme coins getting deployed added with the fact that there are some NFT being deployed into the platform, and not to mention the airdrops mechanism nowadays that got implemented quite literally just boost the burden on the blockchain, i think there's most certainly long way to go until things gets resolved for this blockchain to get the lowest fee there is, because if not for the value that's quite high. i'm sure the fee is relatively low, 13 gwei is normal back then but ethereum price just keep growing and growing making it seem really expensive. Isn't it evident? Ethereum's gas fees are now unpredictable. Its leading position in smart contracts is advantageous, but it's a double bind. Increased popularity has brought about higher traffic, leading to soaring gas costs. Ethereum is more a casualty of its own triumph, isn't it? As for BSC, despite being affordable, it's centralized. Ethereum is genuinely decentralized. It's quite a predicament.
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Andrija Branislav
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CRYPTO WEB3 NEOBANK
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July 01, 2023, 06:28:20 AM |
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The problem of high fees for gwei in Ethereum transactions is a complex one that requires a multifaceted solution. Gas costs today are as low as 17 Gwei and as high as 20 Gwei and One approach that can be taken is to use a layer 2 solution, such as Polygon for example, which can offer faster and cheaper transactions. If you want to be patient and not rush, another option is to wait for periods of lower congestion on the Ethereum network to make transactions, which can result in lower fees.
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asriloni
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July 01, 2023, 04:10:51 PM |
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The problem of high fees for gwei in Ethereum transactions is a complex one that requires a multifaceted solution. Gas costs today are as low as 17 Gwei and as high as 20 Gwei and One approach that can be taken is to use a layer 2 solution, such as Polygon for example, which can offer faster and cheaper transactions. If you want to be patient and not rush, another option is to wait for periods of lower congestion on the Ethereum network to make transactions, which can result in lower fees.
When you are holding ethereum coin and you have no choice other than bridging your ethereum to the second layer solution to avoid non sense fees. The ethereum fees was dynamic but the problem is the fees will never decrease again. https://etherscan.io/gastrackerYou need to pay a lot of fees to bridge your asset to go to the second layer solution. The second layer solution was using batch file transaction to the ethereum blockchain. It's not an easy solution if your money was in your personal wallet. The different case when you are holding it in your exchange site's account. The only solution to send his native ethereum to go to the exchange site and try to use second layer solution. It will help him to avoid the fees but everything is fine right now as the fees was quite cheap.
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zahed
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July 01, 2023, 04:23:50 PM |
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Ethereum is currently known for its expensive gas fee, even though in 2018 Ethereum became the top no. 1 blockchain platform, but after BSC appeared, of course BSC is more attractive and cheaper. I hope that the gas fee on Ethereum can overcome the problem because live is very dependent on it.
Have to agree that Ethereum is the high gas fee network in this time. But also you can not deny that still Ethereum is the number one platform in altcoins in terms of several cases like the most using network. Binance Smart Chain getting popular for their cheap gas fee.
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MiF
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July 02, 2023, 12:18:57 AM |
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The high fees of gwei in Ethereum transactions are due to the supply and demand dynamics of the network. When the network is congested, users need to pay higher fees to prioritize their transactions. The popularity of DeFi and NFTs has increased demand for Ethereum transactions, leading to higher fees.
The problem is not new to us, ethereum high tx fee is very discouraging but the question is why there are still people that still use ethereum network instead of using bnb,polygon,etc.,the most affected is the newbie and the people who only uses small amount of money to invest or in short the small investors they are the most affected in most of the case about this high tx fee.
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taufik0911
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July 02, 2023, 01:33:08 PM |
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Ethereum is currently known for its expensive gas fee, even though in 2018 Ethereum became the top no. 1 blockchain platform, but after BSC appeared, of course BSC is more attractive and cheaper. I hope that the gas fee on Ethereum can overcome the problem because live is very dependent on it.
Have to agree that Ethereum is the high gas fee network in this time. But also you can not deny that still Ethereum is the number one platform in altcoins in terms of several cases like the most using network. Binance Smart Chain getting popular for their cheap gas fee. this is indeed a problem that is commonly experienced by many people when using the ethereum blockchain, in my opinion this has not yet been resolved by the ethereum developer himself where the blockchain is one of the most popular blockchains. I hope the developer can make a feature or update the blockchains that can make transaction fees on the blockchains cheaper.
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