LastWinner FOMO Game Jacks Up Ethereum Fees as New Round Kicks Off

Cryptovest

Published Aug 17, 2018 04:31AM ET

Updated Aug 17, 2018 05:40AM ET

LastWinner FOMO Game Jacks Up Ethereum Fees as New Round Kicks Off

The smart contract for a FOMO gambling game is once again taking over the Ethereum network. As of 04:00 UTC, the game known as LastWinner took up around 20% of gas, and the gas usage had grown to above 36.41% three hours later.

The network congestion pushed the fee for a typical ETH transaction above $0.50, up from about $0.01 during times of low activity. There is no knowing how many sessions the game could have. The rise in activity follows Asian daytime hours.

According to comments on Etherscan, the new game started with 40% of the prior-round jackpot, as per the game rules. Besides the chief rule of being the last person or team to buy a ...


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