Ethereum: Bitcoin still unproven, speed of spread on network is worrying
In an unexpected turn of events, the Ethereum blockchain has once again fallen victim to the notorious «confirmed block overload» problem that has plagued Bitcoin and other major altcoins. Despite sending the same batch of transactions from my own wallet in another one just 6 hours ago, I’m still waiting for these blocks to be confirmed.
As a result, my original transaction is stuck at 0 confirmations on the Ethereum blockchain, and the network propagation speed is hovering around 0-1%. This means that even if the rates I recommend are set correctly, it will take forever to see any progress or network recognition.
I rechecked my transactions and checked all the details, but there doesn’t seem to be any data issues. However, when I ask to get the transaction history from the Ethereum blockchain explorer ( I get an empty list of blocks.
This not only upsets me as a user, but also causes concern about the overall state of the Ethereum network. Given that the propagation speed is below 1%, it becomes clear that there are serious problems with the verification and verification of transactions in the blockchain.
Further analysis shows that the problem may be related to high gas prices or inadequate scalability solutions, which can lead to congestion and slow down the transaction process.
I am reaching out to the Ethereum community, developers and experts in the field for advice and tips on how to resolve this issue. I encourage anyone who knows about these issues to share their experiences as we work together to solve this important problem before it’s too late.
Update:
Since the publication of my first article, I have received feedback from other users who have encountered similar problems in the Ethereum blockchain. Although not all were able to solve their problems immediately, there is a sense of urgency and concern among these community members.
I would like to let everyone know that I will be working closely with the Ethereum team to explore possible solutions and provide an update in the coming days. In the meantime, I encourage readers to share their own experience and suggestions for solving this problem.
Stay tuned for updates:
As more information becomes available, I will keep you updated on the progress of this critical issue. If you have any questions or concerns, don’t hesitate to ask them in the comments section below.
Thank you for your attention and we hope that together we can solve this problem before it affects other people’s transactions!
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