Gas prices and rising ETH prices
We are at a point where even at 1 Gwei the price of a simple contract interaction transaction in USD can be over 30 cents.
Still many miners don't accept sub-1gwei transactions.
The fee market itself is distorted by applications and dapps that suggest very high default or recommended gas prices and by the technical difficulty for average users to change the prices themselves. We should start thinking in Mwei! If you are building an application please consider denominating gas price in Mwei.
The fee market will settle for adequate costs depending on the network load once the users can chose freely.
Submitted February 10, 2018 at 02:58AM }
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