Ethereum recorded a sharp decrease in the number of unconfirmed transactions

Over the past three days, the number of unconfirmed transactions in the Ethereum network has decreased from 118,000 to 51,000 amid rising gas limits.

Etherscan.io Data

Social networks reported that the Ethermine mining pool produced the first block with a gas limit [equivalent to the block size in bitcoin] of 10 million. However, BlockchainJournal discovered only the block with the closest possible value.

Due to the increase in the limit, miners can increase network bandwidth by 25%.

According to the ethgasstation service, the average transaction fee in Ethereum is $ 0.035 for gas consumption of 21,000. An expedited transaction will cost $ 0.093.

The bitinfocharts service claims that the average commission is $ 0.419.

Bitinfocharts data

Recall that previously the three largest pools in the Ethereum network supported the growth of the gas limit to 10 million

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