Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Ethereum: Welcome to the Beginning
by
TeraBite
on 08/02/2021, 16:02:35 UTC
can Etherum gas be any smaller than now? I feel the price of gas is very expensive, if you are a person who has a lot of etherum this is not a problem but if you are a poor person then this will be very unprofitable

In depends on the network TXs. Fees are crazy nowdays with this Defi hype. But they can reduce fees only when moved to POS.

In current state it is no possible to switch to POS mode even ETH2.0 is already going on successfully. Gas price is truly insane even DEX's are charging more high fees even more than $100 for $10 trade that's reason people are afraid to use them. Let's see when the gas fee will get resolve and this network will become affordable.