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gwai – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Wed, 04 Jul 2018 10:05:18 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png gwai – DIGIT INFO https://www.digit.info 32 32 Rogue App Wreaks Havoc –Transaction Costs Soar as the Ethereum Network Slows https://www.digit.info/rogue-app-wreaks-havoc-transaction-costs-soar-as-the-ethereum-network-slows/ Wed, 04 Jul 2018 10:05:18 +0000 https://www.digit.info/2018/07/04/rogue-app-wreaks-havoc-transaction-costs-soar-as-the-ethereum-network-slows/ Read more]]>

Transactions Costs Soar as the Ethereum Network SlowsAnother month, another almighty congestion on the Ethereum network. Gas prices have soared this week, passing 500 gwai at one stage, before settling on a still-pretty-substantial 56 gwai. As a result, the average transaction cost is $0.49, making it more expensive to send crypto on Ethereum than on other major blockchains such as BTC or […]

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