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Ethereum Foundation Makes It Clear The Merge Will Not Improve Fees and Throughput
17.8.2022
On Wednesday the Ethereum Foundation clarified that The Merge will not reduce onchain fees as the highly anticipated transition from proof-of-work (PoW) to proof-of-stake (PoW) is now 29 days away. Amid The Merge update from the Ethereum Foundation, during the last month, Ethereum network costs...
Ethereum Transfer Fees Drop From Recent Highs, L2 ETH Solutions Between 46-97% Cheaper
13.9.2021
At the end of August, Ethereum network gas costs skyrocketed and tapped a high of $59 per transaction on September 7, according to the average transaction fee spent on that day. The median fee for an ether transaction on September 7 was around $20 per transaction. Days later, ether transaction fees...
ETH Volumes Top $119.5 Billion in Q3: High-Risk Dapps Dominate Tron Network
4.10.2020
A recent report says total Dapps transaction volumes reached $125 Billion in Q3 2020, a figure which is $113 billion higher than in Q2 2020. From these volumes, the Ethereum blockchain accounts for 96% or $119.5 billion of the total created value with the majority of this being attributed to...
Declining ETH Gas Cost Still Higher Than BTC Fees: Supporters Insists ETH 2.0 to End High Fee Woe
7.9.2020
Ethereum network gas fees that averaged $15.13 on September 2 have been declining in the past four days ending the day at $3.43, according to Token View charts. At that cost, ethereum fees are still ahead of those on the Bitcoin network that averaged $2.75 on September 6. The highest average daily...