Post
Topic
Board Altcoin Discussion
Re: ETHEREUM: THE RAPID FLUCTUATIONS IN GAS FEES
by
aprilnot
on 15/11/2021, 03:12:45 UTC
ETH blockchain  is messed up now.  What happened  to ETH 2.0?.
ethereum 2.0 is still in development and testing stage. You can find the latest update of 2.0 on your favorite cryptocurrency news website. but I don't think this is coming anytime soon. seeing this mess it's better not to make transactions using the ethereum network until they have a solution to this problem.

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🗑

this is the biggest problem with ethereum, their network is not friendly. and there's nothing we can do about it. we can only surrender. I personally haven't used ethereum for more than 6 months, even though the erc20 token I have has gone up in price. I never once had the thought of selling it, because the fees transaction with the profit earned was not comparable. and it would just be in vain.