Questions tagged [high]

Leonardo Thu Dec 26 2024 | 6 answers 1336

ETH gas fees are high due to several factors. Firstly, the increasing demand for transactions on the Ethereum network, coupled with its fixed block size, leads to congestion and higher fees. Secondly, complex smart contracts require more computational resources, further driving up gas costs. Additionally, the current technical limitations of Ethereum, such as its TPS and consensus mechanism, also contribute to high gas fees.

Tommaso Thu Dec 26 2024 | 7 answers 1824

I've been hearing a lot about Ethereum recently and I'm curious to know what people mean when they say 'ETH high'. Is it referring to the price of Ethereum reaching a new high or something else? Can someone explain this to me?

HanjiArtistryCraftsmanship Thu Dec 26 2024 | 7 answers 1674

I don't understand why my Ethereum transaction gas fee is so expensive. I've heard that gas fees can vary, but this seems unreasonably high. Is there a reason for this?

Dario Thu Dec 26 2024 | 5 answers 1275

I'm wondering if the gas fees for Ethereum transactions are currently high. I'm considering making a transaction but want to check if the fees are reasonable at this time.

GangnamGlamourQueen Thu Dec 26 2024 | 6 answers 1250

I'm trying to understand why the ERC fee is so exorbitantly high. It seems unreasonably priced and I'm curious to know the reasons behind this cost.