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Tag: Ethereum gas

Has Gas for Ethereum Applications Become Too Expensive?

Category: Ethereum, News, Tech

Has Gas for Ethereum Applications Become Too Expensive?

In May of 2016, exactly one year ago, Ethereum’s token ether was valued at around $10. That meant freelancers on the Ethereum-based job market platform Ethlance had to pay a little more than $1 or 10 percent of the ETH price, to set up smart contracts for their profiles. However, ETH is valued around $90 at the time of writing,…

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