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Ethereum Price Analysis - Fees rise with clogged network, miners respond by raising gas limit

#crypto #bitcoin

Fees have been rising, despite declining transactions per day, because of a lack of efficient scaling methods. This week, miners voted to increase gas limits by 25%. Overall, fees are lower than during much of 2018.

OhNoCrypto

via https://www.ohnocrypto.com

Josh Olszewicz, Khareem Sudlow