Quote from: samcrypto on September 25, 2021, 11:46:39 AM

Quote from: Kinghunter0071 on September 25, 2021, 10:27:24 AM

Under EIP-1559, the bidding system is automated and algorithmically calculated, with the set fee amount fluctuating depending on network congestion. Instead, these fees will be burned on the network, reducing the circulating supply of ETH over time and addressing concerns around inflation of the coin.

The last time the market becomes active, the fees of ETH was still expensive so I don't know if that updates is really working or that is just at trial and error, ETH team as so desperate to solve this problem which they have to do their best or else it will create another panic.

Many developers are avoiding ETH network because of this fees, they have to act fast and do the necessary updates as soon as possible before its too late.

Right now, I am starting to hate the Ethereum network because there are some tokens that I could not move because the cost of transferring them to exchange is more that their overall value. And that should be shocking because the last time I made an Ethereum transaction the fee was very negligible but now it can cost more than a man's pant. And I don't understand how come Ethereum developers are finding it hard to get the solution for this problem come fast to the network. Is there something wrong with them? In that case, maybe they should be seeking help from the community because who knows there can be another guy who can provide the right solution to this perennial problem.