Vitalik Buterin Calls For Ethereum Transaction Fee Reform as Gas Costs Surge

Vitalik Buterin Calls For Ethereum Transaction Fee Reform as Gas Costs Surge

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While Ethereum’s recent uptick in adoption has been welcomed by many, it has had a strong side effect: rapidly increasing transaction costs.

According to Glassnode, a blockchain data upstart, the daily median gas price has increased by “more than 5x” since April. The gas price has now reached 50 Gwei, a nearly two-year high.

#Ethereum gas prices continue to rise.

The daily median gas price has…

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