The recent registrations of Ether have meant the recognition of new ATHs in the most used blockchain. By touching values of more than $ 1730 per unit and reaching a market capitalization of almost $ 200B, there is no doubt that the second cryptocurrency of the coinmarkecap begins its capitalization path at a stage where change and innovation are the essence of the cryptographic world.
We can continue with the excellent records of Ether, a network that is marking a total blocked value of $ 34.77B for decentralized finances, registering a new unique increase that mobilizes more the knowledge and the confidence of seeing alternative routes of profitability in those bodies that they do not respond to a central entity that completely dominates them in what is best for the use of money. Certainly another plus point in Ether and its various categories.
However, not everything is really good, we must face a reality, no matter how hard it may seem, and that is that the costs of the Gwei have begun to erase all that joy that framed us in the new increases of Ether and its innovative and unique blockchain . The gas price and gas used have left all those small transactions without enthusiasm much that could see their tokens vanish with the mere fact of having validated a transaction. I have seen, at one point of this madness, how a movement of only $ 8.52 could have generated a Gas fee of 0.190634 or what was equal to $ 324.70, crazy and dense if we compare simple movements like these.
The growth of the Etherium blockchain has given rise to the prevalence of much complexity and part of all this is outlined in an increase in the allowed limits of transactions. The truth is that these fees are unmanageable leaving many literally washed out in a sea of funds that cannot be touched or the funds will literally be pulverized.
If we add a little the emergence of the Etherium 2.0 network, I believe that the degree of complexity does not decrease and the probelama that we face may follow an endless cycle where the interaction with Gas does not decrease, in any of its versions, it drops , fast or standard. As growth in the various categories increases, the greater the demand and complexity of various operations that are sustained based on the use of the Etherium network.
Some alternatives focus on standardizing a single value of the Gwei to make the use of the networks more accessible and not have so many lost users without knowing what to do so as not to have to lose everything due to a simple transaction. In the words of Anthony Sassano in his Daily Gwei newsletter, taken from the beincrypto article, it will be about "a transaction pricing mechanism that includes a fixed network fee per block that burns and dynamically expands / contracts the size of the blocks to deal with temporary congestion. "
Basically it will be a collection block that helps to mitigate the volatility that we see in the collection of the Gwei and to be able to return the trust to the users by interacting with a more stable value compared to the initial calculation that succumbed to the inequality of use in development of blockchain products.
Etherium will not stop, its increase will not be stopped even by those called annihilators, the internal can be solved and does not escape from being a good business option, but that is decided by each one under their own investigation.
This writing is based on the own information strengthened with the articles that are detailed below and whose links are placed at the end of the paragraph.
This information is proprietary content and there is no space in this text for plagiarism. You can also see this article on my Publish0x blog under the following link.
https://www.publish0x.com/cryptographic-alchemy/gasaniquilator-xkydxkd
