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❕NEWS Ethereum Miners are unhappy about the new transaction fee model

AudraMiller

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As we all know, the transaction fee when we make a crypto transaction is highly dependent on the traffic at the time that we make the transaction. Of course if you increase the transaction fee that you are willing to pay, your payment could take priority and you will notice that your funds are transferred sooner.

However, the new Ethereum transaction fee model aims to do away with this, and this has the miners outraged. According to the new plan, EIP 1559, the transaction fee will be set at a standard rate, and there will be a minor/small tip that is added to that fee for the miners.

Of course this will be highly beneficial to us, and as a crypt user this will mean that we can transact at any time without having to worry about the traffic, but miners have the most to lose from this according to this article.

What do you guys think? I look forward to your comments. I for one, am all for this idea and hope they even implement it in btc in the future.
 
Now its lowered actually , The Fees Should Be Maximum Of Around 0.5$ Per Transaction To Be Honest For Each $100 Of Money , That Will Be Good To Be Honest Actually .
 
Now its lowered actually , The Fees Should Be Maximum Of Around 0.5$ Per Transaction To Be Honest For Each $100 Of Money , That Will Be Good To Be Honest Actually .
The fee is already moving high slowly as the bearish market is already fading away gradually , because it was during the bearish market the fee was really low
 
Now its lowered actually , The Fees Should Be Maximum Of Around 0.5$ Per Transaction To Be Honest For Each $100 Of Money , That Will Be Good To Be Honest Actually .
Are you serious about this? The last time I checked it,it was $10 just for transaction fees only. It won't be bad if they reduce it to around $1 or $2 per transaction.
 
You Are Right , I Know The Current Fees And Since Many Wallets Have 0.5%-1% Of Fees , So That Is The Only Thing That Can Increase Its Popularity
 
I'm unhappy too cause ethereum fees. I publish my e-books and articles on publish0x and they only pay eth tokens. One of them needs to be moved from a non-custodial wallet to be exchanged and it costs shamefully eth fees. The result is I can't ask for a payment of that token, as I'm earning crumbs in publish0x. But it would be very much better if the fees were 0,5 dollars, even in the case of the minimum threshold payment. I could be able to move the token from the non-custodial wallet to Coinbase without losing all hardly earned money cause a shameful eth fee.
 
I'm unhappy too cause ethereum fees. I publish my e-books and articles on publish0x and they only pay eth tokens. One of them needs to be moved from a non-custodial wallet to be exchanged and it costs shamefully eth fees. The result is I can't ask for a payment of that token, as I'm earning crumbs in publish0x. But it would be very much better if the fees were 0,5 dollars, even in the case of the minimum threshold payment. I could be able to move the token from the non-custodial wallet to Coinbase without losing all hardly earned money cause a shameful eth fee.
Yes the high fees has restricted a lot for me. There are some tokens I had in my wallet But I can't swap or transfer it to an exchange because the fees alone is higher than the token.
 
Yes , That's The Issue With Tokens , Lots of Tokens , But Fees Alone Is Higher , Small Amounts Can't Be Used , Fees Is A Lot Higher To Be Honest Actually .
 

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