Post
Topic
Board Altcoin Discussion
Re: Ethereum Gas fees too high
by
Kotone
on 27/07/2020, 08:52:00 UTC
such transaction prices will simply kill ETH. many projects cannot afford such a price for sending coins, because many users need to send a small amount of money and the commission may be higher than the amount which they sent
This will be a huge issue on their network but since they are going to migrate soon on PoS, I think they could improve the system of the scalability and this problem with congested network. A lot of projects are relying much to the eth network especially the defi ecosystem. The only solution for now is to send higher gas fee if you are trading altcoins or making any transaction.