Ethereum gas fee falls to a six-month low. Is the alt season coming?
Ethereum network gas fees hit a six-month low, which may indicate that altcoins may rebound “sooner than many expect.”
JinseFinanceEthereum network gas fees hit a six-month low, which may indicate that altcoins may rebound “sooner than many expect.”
JinseFinanceDevelopers believe that increasing the gas cap to 40 million will reduce Ethereum’s Layer 1 transaction fees by approximately 15% to 33%.
JinseFinancexamining ERC-404's development by Pandora, addressing its security concerns and high costs, and previewing the promising enhancements of its upcoming V2 version amidst fluctuating market responses.
Miyuki0x's new API offers a simpler, more intuitive way to trade cryptocurrencies by integrating gas fees into trade costs and promoting user-friendly, intents-based systems. However, it also raises questions about transparency and control in the evolving landscape of decentralized finance.
MiyukiThe software upgrade occurred at 10:45 UTC (5:45 a.m. ET) on Tuesday, according to a tweet from Polygon Labs, the lead company behind the project.
OthersThe Korean project said it would offset user gas fees and contract fees charged to gaming companies built on its platform.
CoindeskThe Merge will still reduce the network's energy consumption by an estimated 99.5%.
CointelegraphFor nearly two years, between Jan. 2021 and May 2022, the average gas fee required by the Ethereum network was roughly $40, with May 1, 2022 recording the highest average daily gas cost of $196.638.
CointelegraphTerra officially tweeted at 2:00 a.m. that Terra blockchain has resumed block generation, and block delegations are disabled because the new code merge chain has taken effect.
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