One Reddit user ProudBitcoiner has just reported that they had paid a $9,300 fee on an Ethereum transaction, sending a clear signal to many out there.
In other words, Ethereum is not as scalable as many have been hoping for, or at least not as scalable without a planned release of an update.
In fact, scalability has proven such an issue, that MoonBeam is now adopting the ETH ecosystem on the Polkadot domain.
Yet, it's not all that bad. The $9,300 transaction fee was actually a result of the user's own fault that confused the Gas Limit and Gas Price fields and resulted in a massive loss for the consumer altogether.
Now, ProudBitcoiner is hoping to claim back some of the lost currency, although his message is more a cautionary tale for fellow users than an attempt to garner public support.
His mistake, though, exemplifies the need for a much more reliable way of conducting these transactions and limiting the possibility for such mistakes to happen in future.
Thankfully, casino sites such as Bitcasino, 1xBit, and FortuneJack, for example, would never let you commit a similar mistake, as the fields are programmed smartly and they do not let any transactions, but the designated ones, take place there.
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