Gas

Gas GAS

$1.96
Market Cap $ 19.840 MM (#366)
24h Volume $ 3.118 MM
Chg. 24h: -3.05%
Show Quick Stats

Gas News

Hard to believe, but <100 gwei gas price is indeed a stea...

Hard to believe, but <100 gwei gas price is indeed a steal on Ethereum these days. Be like Pavel and onboard to L2… https://t.co/Ymzu0DTd0i

11 days ago

You don't say @Cointelegraph? @Syscoin happens to have the ...

You don't say @Cointelegraph? @Syscoin happens to have the simple, effective solution for those @Ethereum gas fees… https://t.co/y3fH8APHmQ

12 days ago

A better solution to high gas fees might come up before Ethe...

A better solution to high gas fees might come up before Ethereum 2.0 according to Defi experts.… https://t.co/QPqxiAIEYQ

12 days ago

☑️AESwap does not charge any transaction fees (Gas fees). On...

☑️AESwap does not charge any transaction fees (Gas fees). Only 0.3% commission is used for token swap. Currently, t… https://t.co/xuo8eZ5a6l

15 days ago

Why CyberMiles is perfect for #Defi? $5 Gas Fees on #Ethereu...

Why CyberMiles is perfect for #Defi? $5 Gas Fees on #Ethereum Are Crippling DeFi's Growth. Come develop #DeFi smart… https://t.co/gWo2vtm0F0

16 days ago

Welcome to the Ethereum fast lane, depositor 🚵 Note: deposi...

Welcome to the Ethereum fast lane, depositor 🚵 Note: deposit fees are so high with these gas prices that indeed, i… https://t.co/XLy0kfzkbl

17 days ago

Tired of high gas fees? 🥱 Send crypto for FREE to anyone in...

Tired of high gas fees? 🥱 Send crypto for FREE to anyone inside the Pillar Payment Network! 💸 It's simple, fast a… https://t.co/Vg46UF76Pu

17 days ago

Rising Ethereum gas prices are currently a hot topic of disc...

Rising Ethereum gas prices are currently a hot topic of discussion within the blockchain industry. On the iExec pl… https://t.co/HD6ntgjvyd

17 days ago

@vdramaliev Hi Vlad. We can't currently escape the high gas ...

@vdramaliev Hi Vlad. We can't currently escape the high gas costs for L1 txs such as creating the account, unfortun… https://t.co/wSsDUrNyBw

17 days ago

Ethereum's gas costs have risen dramatically over the past f...

Ethereum's gas costs have risen dramatically over the past few months as demand in DeFi has skyrocketed. 🚀 Read th… https://t.co/lTey2iBRxv

18 days ago

Gas prices got you down? Dive into the why, what and who of ...

Gas prices got you down? Dive into the why, what and who of Rollups. We review conceptual ideas of the two broad… https://t.co/mrWdu7cshJ

18 days ago

When gas prices on Ethereum are spiking, it is very useful t...

When gas prices on Ethereum are spiking, it is very useful to set limit orders in order to complete trades at your… https://t.co/IQfQz0CiJS

18 days ago

According to Binance’s VP of the Asia-Pacific region, the hi...

According to Binance’s VP of the Asia-Pacific region, the higher demand for gas from Asian users is likely the resu… https://t.co/7IhkvkvlGQ

19 days ago

📢We unveiled the 3rd DeFi related products yesterday. The G...

📢We unveiled the 3rd DeFi related products yesterday. The Gas Liquidity Pool! After multi-native tokens are creat… https://t.co/s50ekHKYG1

a month ago

Welcome to develop on CyberMiles public #blockchain! Our gas...

Welcome to develop on CyberMiles public #blockchain! Our gas fee here is cheaper and the speed is much faster… https://t.co/LgKdaviaxM

a month ago

We love interacting with our community! Drop by this page an...

We love interacting with our community! Drop by this page and let us know in the comments about how gas prices have… https://t.co/ymKYxLY6C9

a month ago

Looks like folks have been making a silver lining to the gas...

Looks like folks have been making a silver lining to the gas price outrageousness by trading on this market about i… https://t.co/46KIxOwvxZ

a month ago

Another Dev update is live: 🔹 We're still hiring for a dev...

Another Dev update is live: 🔹 We're still hiring for a dev role 🔹 Reflections on gas prices 🔹@ethlance 2.0 prog… https://t.co/VOEEluqjZL

a month ago

Augur v2.1.10 Release: 😲 Improved gas price estimates agai...

Augur v2.1.10 Release: 😲 Improved gas price estimates again! 🖌 Cleaned up Market List display. 🔢 Include version… https://t.co/brQCVu0pEQ

a month ago

Want to liquidity mine and not give it all up in gas fees? ...

Want to liquidity mine and not give it all up in gas fees? Loopring Exchange has had layer 2 liquidity mining for… https://t.co/3sNyMndxjV

a month ago

How high will offerings to the Gas Gods go during this harve...

How high will offerings to the Gas Gods go during this harvest season? Help the @Omen_eth market decide at… https://t.co/5X8ioSBFjD

a month ago

reduced significantly. Account creation cost reduced to 500 ...

reduced significantly. Account creation cost reduced to 500 to 5000 gas (50-500x reduction) and deposits reduced to… https://t.co/KdyGiPyQus

a month ago

From a gas POV: If you are going to do more than 18 individ...

From a gas POV: If you are going to do more than 18 individual ETH transfers (375/21), you are better off first re… https://t.co/m0JCvqpt2n

a month ago

This makes the 375k gas hurdle to get onto Loopring seem ver...

This makes the 375k gas hurdle to get onto Loopring seem very small. *You are better off on our zkRollup DEX in any… https://t.co/IoCJdLdDAa

a month ago

1inch: 436k gas Balancer: 448k gas So for everything but Un...

1inch: 436k gas Balancer: 448k gas So for everything but Uniswap, if you are going to do even ONE trade at any fut… https://t.co/H3mCuyFQqC

a month ago

So how many trades or transfers do you need to do on layer 1...

So how many trades or transfers do you need to do on layer 1 that makes this $14.74 hurdle rate (~375k gas) worth i… https://t.co/frLVUUJ3AF

a month ago

The high gas price we are currently seeing is why technology...

The high gas price we are currently seeing is why technology like Raiden exists. With Raiden you can do fast ERC20… https://t.co/tUyX0K9FZZ

a month ago

@bneiluj @ETHGasStation There are so many variables to accou...

@bneiluj @ETHGasStation There are so many variables to account into when attempting to estimate the gas prices (als… https://t.co/ELNiWpsHcv

a month ago

@bneiluj @ETHGasStation We are working to improve the gas es...

@bneiluj @ETHGasStation We are working to improve the gas estimations (it’s still work in progress). Have been gath… https://t.co/2kPhdTcRyt

a month ago

EOS will continue to attract top #DeFi projects. Ethereum ga...

EOS will continue to attract top #DeFi projects. Ethereum gas fees are unbearable and we're not even close to mass… https://t.co/647vEnwr0q

a month ago

With Komodo's open platform model, there are no parent chain...

With Komodo's open platform model, there are no parent chain nor gas fees to pay. Each project can customize the tr… https://t.co/WPmpcpXmK5

a month ago

There are 3 ways to earn $ on Loopring's zkRollup DEX (besid...

There are 3 ways to earn $ on Loopring's zkRollup DEX (besides saving a fortune on gas). 1. Refer friends:… https://t.co/WYE3QG4ZkT

a month ago

🛡️ Helping Secure @Cardano, @avalancheavax 📝 @iearnfinance...

🛡️ Helping Secure @Cardano, @avalancheavax 📝 @iearnfinance security review ⛽️ Saving Gas with @SkaleNetwork 👨‍🌾… https://t.co/ESUaGujx5C

a month ago

There's now transaction fee ranges! You can also configure a...

There's now transaction fee ranges! You can also configure a custom gas price in your accounts settings. Did you… https://t.co/Zh1FV3kIYE

a month ago

Augur v2.1.8 Release: 🚗 Gas price ranges for taking orders...

Augur v2.1.8 Release: 🚗 Gas price ranges for taking orders! 🏁 Improved calculations of total trading fees. 🎫 Affi… https://t.co/KTn3AsjCfc

a month ago

(2/3) 💠Changes to gas mechanics will accommodate higher TPS,...

(2/3) 💠Changes to gas mechanics will accommodate higher TPS, decreased execution times, and lower txn fees. 💠Creati… https://t.co/0T3s6N8rFY

2 months ago

@BryanMicon Still working on the release with better global ...

@BryanMicon Still working on the release with better global gas estimates (the release in this thread focused on a… https://t.co/p8H0vWRHsv

2 months ago

@spontango Hmm ok. To be clear, it wasn't the gas price you ...

@spontango Hmm ok. To be clear, it wasn't the gas price you chose that was insufficient, it was the gas *limit* - i… https://t.co/H6zhYEWKJ0

2 months ago

With Komodo’s open platform model, there are no parent chain...

With Komodo’s open platform model, there are no parent chain nor gas fees to pay. Each project can customize the tr… https://t.co/vUcnYCWpVC

2 months ago

After setup orders are automatically executed, with no maint...

After setup orders are automatically executed, with no maintenance required or gas fees for order matching! ⛽️ To… https://t.co/SwOXbvodTY

2 months ago

@spontango I guess you have to change the gas limit manually...

@spontango I guess you have to change the gas limit manually in metamask. Metamask usually can estimate and provide… https://t.co/27Gi1KpgoW

2 months ago

In some circumstances, users are seeing way overestimated ga...

In some circumstances, users are seeing way overestimated gas costs. A quick workaround if you're using Metamask is… https://t.co/26eQi5xLxc

2 months ago

Notice: Gas and fee estimates are significantly over estimat...

Notice: Gas and fee estimates are significantly over estimating transaction costs across the app. Please refer to y… https://t.co/yDbz0sS6e9

2 months ago

The Tokenomics of Fusion (FSN)

The tokenomics of Fusion is an advanced topic entailing time-locks, time-value, staking tickets, multiple chain presence, block rewards, halvings and three types of gas fees. It is built to be a fundamentally desirable asset with predictable scarcity that can be used as payment without losing anything and yet offer a high interest rate, for all time. Sounds impossible, right? Possibly. The last part is only possible if Fusion becomes a highly used network. But so far, it’s off to a promising start. Supply FSN, the native asset of Fusion was initially issued on Ethereum in 2018 with a fixed supply of 57 344 000 FSN. Fusion mainnet was launched on June 30, 2019 with an initial supply mirroring these 57 344 000 FSN. At the time of writing about 47 million of these FSN have been burnt on Ethereum, and those who burnt them have been awarded mainnet FSN at a 1:1 ratio. Since the mainnet launch, supply has been growing at a rate of 2.5 FSN every block (around 13,2 s), which is awarded to the signer node every block. It has also decreased through a 519 119 FSN burn on block 957394. At block height 4915200 a halving will occur where block rewards go from 2.5 FSN to 1.25 FSN. Halvings such as this will occur every 4915200 blocks, making the block reward growth smaller and smaller with time, in a manner where the supply of FSN will never be greater than 81 920 000 FSN. In about 40 years we’ll be pretty close to this amount. Worth noting here is that it is supply growth that is diminishing and not necessarily block rewards, as these also have a gas element to them (more on this later). Current supply at the time of writing is around 62 300 000 FSN. Ticketed Staking, Time-locks and Time Value In order to run a node and partake in staking, 5000 FSN is needed to buy a ticket for a chance for your node to sign the block and get the block reward. The ticket purchasing is generally handled automatically, and the result is a relatively smooth ROI over time from the block rewards. Each node can run multiple tickets. At the time of writing a total of 6673 tickets are being bought by 476 active nodes. This means that 33 365 000 FSN is locked into this staking game for a chance to win block rewards. Fusion differs from most staking networks in that it offers a possibility for secure delegated staking by use of Fusion’s time-locks. This makes it easier to create secure pools that benefit those who don’t want to run a node but still wish to benefit from the staking rewards without putting their tokens at risk. Current such pools include WeDeFi, FSNPool, GoFSN, Node Networks, BitNordic.com and Pooltogether.io. Even more are likely to arise with time. The time-lock feature enables a holder to slice their FSN in 2 time-slices. One half will be from present time, to a time of their choosing and the other half from the time of their choosing until infinity. This way they can send a time-slice to a pool which lasts from present time and the following 6 months (for example). The pool uses the slice to stake FSN and sends the agreed upon yield to the time slice lender. Meanwhile the lender still has the infinity end of the token still in their wallet and is guaranteed the original FSN they had at the time they chose, no matter what happens. WeDeFi is an application/pool that has made all of this much easier, making it appear in the form of a simple interest account, while it’s all equally secure in the background. Making the extraction of interest through time in the process of staking as simple as possible, as described above, is important, because it has the potential to unlock the idea of time value. If it’s not simple to unlock value TL FSN, then this limits how useful it is as payment, and if TL FSN can be used as a currency, then there is little reason to sell FSN. Instead you can share its time value over and over again, in order to use it. It’s also important that a relatively solid interest rate can be maintained through time despite the halvings. And this is where gas comes in. Currently Fusion has around 5000 transactions/day, making it one of the busiest blockchains at the moment according to coinstats.network. There are three types of gas fees. 1. The regular one, which can be compared with Ethereum (but of course much, much cheaper at the moment). 2. An extra fee of 0.001 FSN for swaps and TL transactions. 3. An extra fee of 0.1 FSN for USAN generation (a special number that can be used instead of the public key when transacting, and is simpler to remember). The important one here is 2, because TL transactions and advanced swaps is truly what makes Fusion unique, and since Fusion is a platform with major interoperability ambitions, the goal is not just to have lots TL transactions and swaps with FSN, but for pretty much all cryptocurrencies and crypto assets. There’s really no telling how big the demand may eventually be. However, we can easily calculate how big it would need to be in order for gas rewards to compet

2 months ago

“Being able to use the token itself as a transaction fee is ...

“Being able to use the token itself as a transaction fee is a big plus, especially with the increase in ETH gas fee… https://t.co/nG8afw3VAn

2 months ago

@DeFiDude You mean this Gwei?🤔 "Gwei - The denomination use...

@DeFiDude You mean this Gwei?🤔 "Gwei - The denomination used in defining the cost of gas in transactions involving… https://t.co/vB08rsxnom

2 months ago

We have a lifeboat just for this. ...

We have a lifeboat just for this. https://t.co/7kOIOTYGAC 🚤 Escape the gas price madness but keep your complete Et… https://t.co/5QyUxuPlFN

2 months ago

Nice analysis. All these on-chain swap venues are amazing, b...

Nice analysis. All these on-chain swap venues are amazing, but high gas prices are a big pain in their side. Users,… https://t.co/W8LyYdiRU7

2 months ago

A timely scaling solution considering that high gas fees are...

A timely scaling solution considering that high gas fees are becoming the new normal. ⛽️📈 Congratulations… https://t.co/xiuLmnYPU0

2 months ago

RT @DuneAnalytics: Very useful Ethereum gas dashboard by @al...

RT @DuneAnalytics: Very useful Ethereum gas dashboard by @alex_kroeger ⛽️ https://t.co/JqZHsU6skz https://t.co/zJNHDjZ8Ba https://t.co/TWM…

3 months ago


News courtesy of berminal.com
Trading and investing in digital assets is highly speculative and comes with many risks. The analysis / stats on CoinCheckup.com are for informational purposes and should not be considered investment advice. Statements and financial information on CoinCheckup.com should not be construed as an endorsement or recommendation to buy, sell or hold. Please do your own research on all of your investments carefully. Scores are based on common sense Formulas that we personally use to analyse crypto coins & tokens. We'll open source these formulas soon. Past performance is not necessarily indicative of future results. Read the full disclaimer here.
Dark Theme   Light Theme