Post
Topic
Board Tokens (Altcoins)
Re: [ANN] AirSwap: Peer-to-peer DEX [Backed by Consensys] $AST
by
jedisnarf
on 24/04/2021, 05:22:22 UTC
Recently Gas fees is going so high, AirSwap tweeted about regarding this gas fees, according to them Why are gas fees high? they have explained some points,
1. Network demand increase the # of transactions (txs)
2. Txs are placed in the mempool & await miners processing
3. Due to fixed block sizes, miners pick txs w/ the most gas
4. This results in a bidding war leading to higher prices