Vitalik Buterin Estimates Ethereum Spam Transaction Fees at $15 million

2018-7-19 08:00

According to Vitalik Buterin, Ethereum’s recent spam congestion transactions have racked up at least $15 million in gas fees. Facing record congestion in the form of soaring gas fees and pending transaction times, the Ethereum network has been recently stung with a gas price manipulation attack caused by thousands of spurious transactions.

The attack’s orchestrators […]

The post Vitalik Buterin Estimates Ethereum Spam Transaction Fees at $15 million appeared first on CryptoSlate.

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Vitalik Buterin Tweets Spark Discussion on Ethereum’s Gas Fees

Vitalik Buterin has started a discussion about gas fees in the Ethereum ecosystem with a March 8, 2019 tweet that suggested charging such fees to support developers. More Fees? It has only been a few weeks since Ethereum initiated their Constantinople hard fork along with their Foundation grants and while this has, in itself, ledRead MoreRead More.

2019-3-12 00:00