[ad_2][ad_1] Source: Adobe / grejak Among many of the much discussed Ethereum (ETH) related events recently is the arrival of a particular Ethereum Enhancement Proposal (EIP) which is supposed to help reduce fees, but high fees are a scalability, not an issue of mechanism, says one expert. EIP-1559 is expected …
Read More »The multi-chain DeFi alternative with low network fees launches on Ethereum
[ad_2][ad_1] The Unifi DAO protocol is delivering on its promise of linking Ethereum’s current DeFi market to DeFi on several other chains. Ethereum marks the fifth blockchain launch in just four months for uTrade, the trading platform built on the controlled and customized smart contracts of the Unifi protocol. Liquidity …
Read More »Ethereum Transaction Fees Rising Tips for Round Two of DeFi Season
[ad_2][ad_1] Over the summer months, Ethereum’s transaction fees have heated up, causing the DeFi trend and Uniswap token trading boom to finally run out. But as transaction fees start to rise again after a period of inactivity and downtrend, could it be a sign that another phase of DeFi domination …
Read More »Binance Launches Ethereum Mining Pool With 0.5% Fees
[ad_2][ad_1] After launching its Bitcoin (BTC) mining pool in April, cryptocurrency exchange Binance has now launched an internal mining pool for the market’s largest altcoin by market cap, Ether (ETH). For the first month, between November 12 and December 12, Binance is trying to lure miners by offering a zero-fee …
Read More »The Ethereum user spends $ 9,500 in fees by sending only $ 120 in a mistake to forget
[ad_2][ad_1] An Ethereum user mistakenly paid $ 9,500 in transaction fees to send just $ 120. The user, identified by his Reddit nickname “Proudbitcoiner”, claims the transaction “destroyed my life” and is now desperately asking miners to return the money. According to a November 4 post on Reddit, Proudbitcoiner claimed …
Read More »Ethereum Fees Decrease As DeFi Markets Cool By Cointelegraph
[ad_2][ad_1] Ethereum fees are down as DeFi markets cool The DeFi bubble appears to be slowing in the final months of 202, with fees and confirmation times falling return to less formidable levels. “ETH fees are very low, which suggests that the DeFi madness has subsided for now,” Josh Olszewicz, …
Read More »Ethereum user spends $ 9,300 in fees to send $ 120
[ad_2][ad_1] In the letter An Ethereum user made a mistake while submitting a transaction on the Ethereum blockchain. They accidentally raised the transaction fee to $ 9,300. They ask the miners to return the money, but they are not required to do so. An Ethereum user accidentally spent $ 9,300 …
Read More »Ethereum fees are down as DeFi markets cool
[ad_2][ad_1] The DeFi bubble appears to have slowed in the final months of 202, with fees and confirmation times returning to less formidable levels. “ETH fees are very low, which suggests that the DeFi madness has subsided for now,” Josh Olszewicz, also known as CarpeNoctom on Twitter, told Cointelegraph. “DeFi …
Read More »Ethereum’s transaction fees fell 65% in October
[ad_2][ad_1] Ethereum miners’ fees have dropped 65% in the past month as the demand for decentralized finance (DeFi) products has declined. According to data compiled by on-chain market intelligence startup Glassnode, Eethereum users paid $ 57.49 million in transaction fees in October, down more than 65% from a record of …
Read More »Bitcoin’s fees increase 198% but Ethereum is even more profitable
[ad_2][ad_1] Bitcoin (BTC) transaction fees nearly tripled in three days, from $ 3.52 to $ 10.20 on average. According to Glassnode, the data aggregator of the cryptocurrency market, 22.25% of Bitcoin miners’ income currently consists of commissions, while the remaining 77.75% comes from bulk rewards. The fee revenue share is …
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