Ethereum Network is so Congested Exchanges Are Forced to Disable ETH Wallets
The past 24-36 hours have been anything but fun for Ethereum users. The network suffers from a major transaction backlog. This congestion is partially caused by yesterday’s Status ICO, although it is unclear if other factors are at play as well. Unfortunately, two exchanges have been forced to disable Ethereum wallets as a result. This is a big problem for Ethereum, as it shows the immaturity of this technology.
Read more here: http://www.newsbtc.com/2017/06/21/ethereum-network-congested-exchanges-forced-disable-eth-wallets/
Interesting developments indeed. Did you see the price crash today? Yikes!.
They should hold off ICO's from this period and stagger them
And the worst is that they don't know precisely what it is.
I own some ethereum, I hope they can get this resolved quickly! - thanks for the post, great info.
Coinbase is down because of that :(
Great day for Status IPO, but painful day for Ethereum. Thanks for sharing, and please follow!