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Ethereum: Bitcoin Still Stuck with Zero Confirmations, Network Propagation Rates a Concern
In a shocking turn of events, the Ethereum blockchain has once again fallen victim to the notorious “confirmed block congestion” issue that has plagued Bitcoin and other leading altcoins. Despite sending the same batch of transactions from my own wallet to another wallet just 6 hours ago, I am still waiting for confirmation on those blocks.
As a result, my initial transaction is stuck at 0 confirmations on the Ethereum blockchain, with network propagation rates hovering around 0-1%. This means that even with my recommended fees set correctly, it’s taking an eternity to see any progress or acknowledgment from the network.
I’ve re-checked my transactions and verified all the details, but it seems like there are no issues with the data. However, when I try to retrieve the transaction history from the Ethereum blockchain explorer ( I’m met with an empty block list.
This is not only frustrating for me as a user but also raises concerns about the overall health of the Ethereum network. With less than 1% propagation rates, it’s clear that there are significant issues with transaction validation and verification on the blockchain.
Further analysis suggests that the issue may be related to high gas prices or inadequate scalability solutions, which can lead to congestion and slow down the transaction process.
I’m reaching out to the Ethereum community, developers, and experts in the field for guidance and insights into resolving this issue. I urge everyone with knowledge of these problems to share their expertise, as we work together to resolve this critical problem before it’s too late.
Update:
Since my initial article, I’ve received some feedback from fellow users who are experiencing similar issues on the Ethereum blockchain. While not all of them have been able to resolve their problems immediately, there is a sense of urgency and concern among these community members.
I’d like to update everyone that I’ll be working closely with the Ethereum team to explore potential solutions and provide an update in the coming days. In the meantime, I encourage readers to share their own experiences and suggestions on how to resolve this issue.
Stay tuned for further updates:
As more information becomes available, I’ll keep you updated on the progress of resolving this critical problem. If you have any questions or concerns, feel free to reach out in the comments section below.
Thank you for your attention, and let’s hope that together we can resolve this issue before it affects anyone else’s transactions!
