Ethereum Congestion Intensifies as Pending Transactions Crosses 90K Mark


Ethereum, once considered as a game changer for blockchain and cryptocurrencies, is currently under the weather due to its congestion and scalability issues. And the misery doesn’t seem to be ending as the data on Ether Scan shows the total pending transactions on Ethereum has crossed the 90K mark.

Are things getting out of control for Ethereum?

Ethereum’s blockchain is choking and things don’t seem to be falling in place for the third largest cryptocurrency by market cap. The burden of pending transaction on Ethereum blockchain is piling up and Ethereum seriously needs an answer that can give it some quick fixes for its technical and scalability issues. According to the recent data available on EtherScan, Ethereum pending transactions have crossed the figure of ninety thousand and is growing swiftly. While reporting the pending number stood at 90855.

Source: Etherescan.io

The problem doesn’t end here for Ethereum. Despite rising new addresses, the overall activity of the…



Read Full Story : Coingape

2018-12-01 08:09:25

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