Post
Topic
Board Altcoin Discussion
Re: ETHEREUM: THE RAPID FLUCTUATIONS IN GAS FEES
by
cryptoaddictchie
on 06/11/2021, 01:53:24 UTC
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🗑
So to avoid this, either pick up a new blockchain that has smaller fees and avoid eth, cause the fees is not good for retailers and small quantity of trades would be worthless if the gas fee to pay is too high. Not good on ethereum side as customer and users are jumping ship to other projects but what can users do, its not like we will monitor the lower fee sched for using the network.