Post
Topic
Board Altcoin Discussion
Re: Ethereum fees are becoming like Bitcoin fees
by
Utoy101
on 19/07/2020, 21:44:07 UTC
Lately ETH fees have been skyrocketing and I have been paying 50 cents for a normal eth transaction and over $1 for contract functions. Used to be a few pennies at most to get your transaction confirmed quickly.

I've been experiencing a huge increase in transaction fees lately, i think there is congestion causing the network to clog. It might be due to the #DEFI wave that brought about many projects launching their products on eth network.... I heard that the blocksize also got increased by almost 10times and with ethereum 2.0 around the corner to launch, i believe we'll see an improvement real soon