Gas prices on Ethereum are hard to predict; they can be as cheap as 1 gwei or less at off-peak hours, while some transactions pay into the hundreds of gwei to buy into that juicy ICO or hit an order on EtherDelta before any other players.
Category Archives: Gas Price
GasToken.io
GasToken.io GasToken works by taking advantage of the storage refund in Ethereum. To encourage contracts to delete storage variables (that all nodes have to store forever!), Ethereum provides a refund when a storage element is deleted. This refund can pay for up to half of the gas used by a contract transaction (simple sends are not eligible for a …
Best Transaction Times for lower ETH Gas Fees
Choosing the Best Transaction Times for ETH Gas Fees There are several factors to consider when choosing the best time for a trade. Firstly, it’s important to be aware of the current state of the network. Gas fees tend to be higher during high network congestion periods when many users compete for limited block space. …
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