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Gas

cryptocurrency June 6, 2023

Advertisements ETH’s daily active addresses and daily transactions have declined of late.  On-chain metrics gave hope for a price uptick in the coming days.  Ethereum [ETH] has witnessed quite a few interesting developments over the last few days. At first glance, it seemed that network usage had increased, while the rest of the metrics suggested […]

cryptocurrency January 17, 2021

Key Takeaways Degenerative Finance has launched an experimental design space that explores different derivative products and synthetic assets. The project’s first project is uGas, synthetic gas futures for Ethereum. Depending on a user’s profile, uGas can be a helpful tool to hedge and speculate on the rise or fall of gas prices on the number […]

cryptocurrency September 4, 2020

Ethereum has both benefitted and its rep been harmed from the recent explosion in farming for DeFi tokens. As investors poured liquidity into these tokens, sending and locking up so much ETH sent prices of the crypto asset soaring. But it also at the same time sent gas prices spiking even higher. Advertisements As investors […]

cryptocurrency September 3, 2020

Ethereum has been a stand out star in the crypto market in 2020. Even with the recent over 15% collapse, the top-ranked altcoin is up over 200% year to date and 350% from the Black Thursday bottom. Advertisements Since then, though, Ethereum has taken on a completely new life, it seems, driven by DeFi and […]

cryptocurrency May 12, 2020

Advertisements A proposal to add a second fuel source for the Ethereum network has recently been submitted by a developer to run in parallel to its existing fuel, gas. The Ethereum network is due to undergo a raft of changes this year. The most eagerly awaited upgrade is the shift to proof-of-stake consensus under the […]

cryptocurrency March 8, 2019

Vitalik Buterin, the creator of the ethereum blockchain project, has proposed increasing user fees on the network for the purposes of supporting developers with sustainable funding. Advertisements “I propose we consider supporting a community norm that client [and] wallet [developers] can [and] should charge a 1 gwei/gas fee for [transactions] sent through their wallet,” tweeted Buterin […]

cryptocurrency July 6, 2018

Ethereum is in the midst of a “gas crisis.” Advertisements At least, that’s according to Taylor Monahan, CEO of MyCrypto, who took to Twitter this week to remind users of best practices for setting transaction fees when using the world’s second-largest blockchain. The words of concern are warranted – because of changing conditions on the […]