Post
Topic
Board Altcoin Discussion
Re: Why Gas Fee is too High?
by
lizarder
on 22/03/2022, 03:40:38 UTC
After paying a high fee on ETH Smiley, we sometimes feel bad. But I'm curious as to why this is.

With this, I'm able to express my feelings.
For the ETH network it is indeed very expensive for now, in fact almost many people avoid transactions on this network, even the latest ETH development also has a very high cost if we use it, for now many people are switching to BSC, because in this network the cost is still very cheap and can be reached by anyone, but if asked why the cost is expensive, it will be difficult to explain, because network development is very different in determining the cost
Now there are many networks with low fees, people can choose one of them. but there are also cases where you have to use ethereum. I do not find it right to transact over this network unless I have to. Instead of paying such a high fee, you can invest in other things Cheesy
Using it is not because of different needs, there are indeed some cases for bounty hunters to have to use the ethereum network, it is because the project they are involved in uses the network, thus forcing bounty hunters to use it, but if given the choice almost everyone will switch to another network, because the network ethereum requires a very large fee, so it is not balanced with the income we receive
Yeah, that's why most of the bounty hunters can't migrated of Ethereum network to BSC even if they want because their participated projects developed in ETH. If mostly bounty allocation is pretty lower, So that when hunters got their payment which is lower than even gas fees, because of expensive network fees on ETH.
I will always choose a solution that is developed in the bounty, because nowadays many projects that we participate in are not paid, especially if the project uses the ethereum network, bounty hunters will usually see the potential of the project, whether it has a high selling value or not, because there are many projects that are followed, the allocation is usually too small, while the hunters are quite a lot, if the ethereum network is used, it is certain that the gas cost is more expensive than the income we receive