The ETH blockchain is a crazy place to play now. So I initiated a transaction about 6 hours ago, the transaction took 6 hours before it finally got confirmation on the Ethereum blockchain network, I nearly did the cancel/replace option. First and foremost, I did my checks on ethgasstation and etherscan.io/gastracker before initiating the whole transaction and realised the "cheapest" gas fees was 98 Gwei. So to be on the safer side, I decided to use 100 Gwei (~$24) yet look at the stress I've been through all day. ETH blockchain is messed up now. What happened to ETH 2.0?.
Imagine if the transaction had failed after 24 hrs, I would have no choice but to cancel/replace the pending transaction with a higher gas fees. Clearly, with a failed transaction, ~ $60 worth of ETH would just go waste🗑
Ethereum chain is the shittiest chain currently, 3 years ago I use to say that Ethereum is a good alternative to bitcoin to be used as a currency but today things are entirely different, bitcoin main chain is 100 times better than Ethereum chain, all thanks to shitty NFTs trend most of which are going to become a shitty asset next years and only like 5% would actually make a good project. It's idiotic currently to send transactions on the Ethereum chain and its token. I hope Polygon is able to solve this problem faced by Ethereum chain by developing it's multi-chain solutions.