Quote from: tippytoes on September 04, 2020, 11:50:35 PM

Quote from: BitTraderCute on September 04, 2020, 11:41:43 PM

Quote from: StephenJH on September 04, 2020, 11:25:09 PM

A simple explanation is better than a thousand words, the ETH network works based on hierarchy. Who pays more will get funds faster and the rest will wait until the next mined block clearance happens. The cost of gas has increased a lot and $0.1 worth transactions in 2019 now cost more than $3. ETH2.0 should solve this infinite loop unless the market becomes volatile again.

actually we this while checking transaction on tx id. so high gas gwei will confirmed first by miner. i think it is not fair system for all user, system must use similarity in every transaction like other blockchain . many people complaining about this fee , even binance CEO also tweet about it if core developers didnt solved this problem in eth 2.0 it will be serious problem for eth.

Let us all hope that ETH 2.0 will resolve some of the bottlenecks that ETH network is experiencing right now. Because if this will continue and will not be resolved, a lot of crypto users will find another network to use. But Buterin will not let this issue be forever, by now they are already finding ways how to address this problem. And hopefully, they will rectify this high gas fees problem.

Currently the ETH network is very high and for sure, if you don't fix this, investors will no longer be interested in this coin. I was charged up to $ 30 and this is actually a very high fee compared to what is happening. Hopefully Ethereum 2.0 will put an end to this situation as 90% of projects are using the platform of ETH for development.

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