Post
Topic
Board Altcoin Discussion
Re: Why such high fees in ETH?
by
Handsome Boy
on 28/08/2021, 19:46:57 UTC
What's going with gas fees? After the London fork, the gas fees only went up. They raised gas limit, and the blocks are half empty, even 5% - 15% filled, but gas fees are through the roof! It's not about limited capacity right now, yet it's very expensive. What is reason for that?

And what is minimum gasused multiplier?

I think we need to wait for ETH 2.0 launched, so gas fees from Ethereum are low, because currently Ethereum is still using a Proof of Work (PoW) system and when Ethereum already uses a Proof of Stake (PoS) system, so it will make gas fees from Etheruem become low.