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Vizag Fintech Festival • October 22-26, 2018

The Vizag Fintech Festival 2018 is poised to be the nation’s largest Financial Technology event. The week-long event will take place from…

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Tag: Ethereum gas

After Months Ethereum Records 1 Million Transactions per Day

Category: Altcoins, Blockchain, Ethereum, News

After Months Ethereum Records 1 Million Transactions per Day

The number of transactions with the world’s second largest cryptocurrency Ethereum has once again crossed the one million per day threshold. The event reminds many of a similar scenario that happened in December 2017. While it is indeed excellent news, some reports suspect much wastage of Ethereum gas. Binance Responsible for the Spike in Transactions Ethereum transactions saw a sudden…

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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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