Post
Topic
Board Altcoin Discussion
Re: Ethereum gas problem to be resolved in July
by
qazgroup
on 06/03/2021, 17:55:10 UTC
Many of us are deservedly outraged by the high gas price that has recently been paid for moving ERC-20 and ethereum tokens. However, the solution to this problem is already approaching. In July, in about four months, as part of the improvements to Ethereum 2.0, it is expected that high gas prices will go away, if not forever, then for a long time.
Ethereum Improvement Proposal (EIP) 1559 is the most anticipated improvement along with increased scalability for the network since the launch of ETH 2.0.
We hope that the staggering popularity of Ethereum will not only recover, but also soar to an unprecedented level.
Link:
https://beincrypto.com/ethereum-developers-eye-july-gas-saving-eip-1559-launch/
Scalability and high transaction and gas prices grew as the defi trend went through the roof and to be honest it was the community of supporters of Eth that was struggling due to this situation with these upgrades im sure Eth will become an advanced blockchain with faster and cheaper transactions.