Post
Topic
Board Altcoin Discussion
Re: ETH Gas transactions price is about to hit 300
by
bakasabo
on 13/08/2020, 13:58:31 UTC
In the past 1 week, I did not do any transactions on the ETH network because its gas fees were too high. I think the reason the gas of ETH goes up is because investors are interested in Defi projects and has made the ETH network congested as it is now.

But what is DeFi is not the real reason why transaction fee increases? And if your prediction is correct, then could these transaction fee increase do harm to DeFi ? (if the grow continues).

Can someone give a link calculator to calculate with which gas price the transaction will be sent, and starting with value and lower you will simply burn your gas ? Would be much appreciated.