ETH Transaction Fees Hit All-Time High Second Day in a Row
Cointelegraph
Published Aug 13, 2020 10:38AM ET
Updated Aug 13, 2020 12:20PM ET
According to blockchain data platform Blockchair, the average transaction fees paid by Ethereum users have reached a new record average of over $7.50.
During a similarly congested period from June - July 2020, Ethereum co-founder Vitalik Buterin called for reform to the cryptocurrency’s fee system, suggesting fees this high could undermine the security of the network.
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Written By: Cointelegraph
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