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  2. Cryptocurrency Ecosystem
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  4. DEXs becoming unusable? How to navigate record gas fees ahead of Eth2

DEXs becoming unusable? How to navigate record gas fees ahead of Eth2

oliverchloe
2022-10-21 11:39:10

Ethereum gas fees are too high for decentralized trading, but there are some alternatives now and others on the way.
While Bitcoin (BTC) has been in the spotlight since the start of the year, and even more so given the recent $1.5-billion Tesla purchase, Ether has not been lagging behind. Ether (ETH) is currently sitting at $1,800, and its network has now processed over 1 billion transactions, mostly on the back of the DeFi sector and also due to growing institutional engagement.

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AndreasMAntonopoulos
2022-10-21 11:39:37

Yes mate, I already read whole article about Ethereum gas fees negative impact. Due to the high exessive Ethereum network fees, Many projects are denied to launch it's platform another plafrorms, tron and EOS platforms. I already victimed on high excessive amounts of Ethereum network fees.