You are viewing a single comment's thread from:
RE: 3 Reasons Why Ethereum Is On The Move
Sure the speed seems fine now, but did you try sending money during the ICO madness? The congestion was so bad it took me half a day to send ETH.
Sure the speed seems fine now, but did you try sending money during the ICO madness? The congestion was so bad it took me half a day to send ETH.
I remember reading about a gas limit increase. I haven't experienced a slow confirmation speed yet, but so far I have only transmitted my mining income to a wallet and then some to exchanges. I'm glad I haven't experienced one of those slowdowns yet. My worst was a BTC transaction using electrums highest fee taking 2 days. I ended up pushing it using child pays for parent. What a pain.
But honestly compared to an ACH transaction it is amazing! Even wire transfers are frustrating. I made a wire transfer for $800 from chase to coinbase awhile ago and got grilled for 10 minutes on the phone by an angry sounding New York based Chase employee even though I had sent many transactions in the past to the same account. It finally sent 8 hours later.