If your transaction on the Ethereum blockchain is stuck for too long, you can fix it! And I'll teach you how in this video.
???? Bitcoin Giveaway ????
For every video I upload this month I will be giving away $10 worth of Bitcoin to a lucky person that liked the video and left a comment. So like the video, leave a comment, and don't forget to subscribe to get notified when I upload new videos and new chances at free Bitcoin.
Subscribe ► https://cryptogrubber.com/youtube
⏰ Timestamps ⏰
0:00 Intro
0:43 The lowest fee for Bitcoin transactions experiment
2:20 The lowest fee for Ethereum transactions experiment
3:04 How to unstuck the pending Ethereum transaction
7:08 Outro
The Ethereum blockchain runs a bit differently than the Bitcoin blockchain.
On the Ethereum blockchain, the transactions are not paid in Ethereum coins, but instead, it's measured in Gas.
Ethereum Gas is the computation power required to complete your transaction.
Just like a car that uses gas to complete it's trip.
You will need Ethereum Gas, to complete your transaction's trip until completion.
The exact price of the gas is determined by the network's miners, who can decline to process a transaction if the gas price does not meet their threshold. Because Gas it's used instead of Ether, the network fees are not directly impacted by the price of Ethereum, and it can be adjusted based to computational cost not to the value of the cryptocurrency.
Gas prices are denoted in gwei, with are worth 0.000000001 ether.
Gwei is short for gigawei, or 1,000,000,000 wei. Wei, as the smallest (base) unit of ether, is like what cents are to the dollar and satoshi are to bitcoin.
★☆★ Buy Ethereum from Coinbase and get $10 of Free Bitcoin ★☆★
https://cryptogrubber.com/coinbase
★☆★ BEST BITCOIN & ETHEREUM WALLETS ★☆★
Ledger Wallet: https://cryptogrubber.com/ledgerwallet
Trezor: https://cryptogrubber.com/trezor
★☆★ FOLLOW ME BELOW ★☆★
???? Instagram: https://www.instagram.com/cryptogrubber
???? Facebook: https://www.facebook.com/cryptogrubber
???? Twitter: https://twitter.com/cryptogrubber
???? Website: https://cryptogrubber.com
★☆★ ABOUT CRYPTOGRUBBER ★☆★
???? I'm a cryptocurrency enthusiast and I can't wait until everyone will use this technology. With this channel, I'm doing my part of making it easy for beginners to get into Bitcoin. Hopefully, we'll also earn some nice money as this technology develops and earn our freedom from the greedy banks.
⚠️⚠️⚠️ Disclaimer: I am NOT a financial advisor, and nothing I say is meant to be a recommendation to buy or sell any financial instrument. I will NEVER ask you to send me money to trade for you. Please report any suspicious emails or fake social media profiles claiming to be me. Don't invest money you can't afford to lose. There are no guarantees or certainties in trading or investing.
My videos may contain affiliate links or sponsorship to products I believe will add value to your life and help you in trading. No matter what I or anyone else says, it’s important to do your own research before making a financial decision involving cryptocurrencies. ⚠️⚠️⚠️
????️ Tags #ethereum #cryptocurrency #crypto
ethereum,ethereum blockchain,myetherwallet pending,pending transaction,Help! My Ethereum Transaction has Been Pending All Day!,Why is my tranaction pending?,gas price,gwei,how ethereum works,how to use ethereum,ethereum explained,cryptogrubber
???? Bitcoin Giveaway ????
For every video I upload this month I will be giving away $10 worth of Bitcoin to a lucky person that liked the video and left a comment. So like the video, leave a comment, and don't forget to subscribe to get notified when I upload new videos and new chances at free Bitcoin.
Subscribe ► https://cryptogrubber.com/youtube
⏰ Timestamps ⏰
0:00 Intro
0:43 The lowest fee for Bitcoin transactions experiment
2:20 The lowest fee for Ethereum transactions experiment
3:04 How to unstuck the pending Ethereum transaction
7:08 Outro
The Ethereum blockchain runs a bit differently than the Bitcoin blockchain.
On the Ethereum blockchain, the transactions are not paid in Ethereum coins, but instead, it's measured in Gas.
Ethereum Gas is the computation power required to complete your transaction.
Just like a car that uses gas to complete it's trip.
You will need Ethereum Gas, to complete your transaction's trip until completion.
The exact price of the gas is determined by the network's miners, who can decline to process a transaction if the gas price does not meet their threshold. Because Gas it's used instead of Ether, the network fees are not directly impacted by the price of Ethereum, and it can be adjusted based to computational cost not to the value of the cryptocurrency.
Gas prices are denoted in gwei, with are worth 0.000000001 ether.
Gwei is short for gigawei, or 1,000,000,000 wei. Wei, as the smallest (base) unit of ether, is like what cents are to the dollar and satoshi are to bitcoin.
★☆★ Buy Ethereum from Coinbase and get $10 of Free Bitcoin ★☆★
https://cryptogrubber.com/coinbase
★☆★ BEST BITCOIN & ETHEREUM WALLETS ★☆★
Ledger Wallet: https://cryptogrubber.com/ledgerwallet
Trezor: https://cryptogrubber.com/trezor
★☆★ FOLLOW ME BELOW ★☆★
???? Instagram: https://www.instagram.com/cryptogrubber
???? Facebook: https://www.facebook.com/cryptogrubber
???? Twitter: https://twitter.com/cryptogrubber
???? Website: https://cryptogrubber.com
★☆★ ABOUT CRYPTOGRUBBER ★☆★
???? I'm a cryptocurrency enthusiast and I can't wait until everyone will use this technology. With this channel, I'm doing my part of making it easy for beginners to get into Bitcoin. Hopefully, we'll also earn some nice money as this technology develops and earn our freedom from the greedy banks.
⚠️⚠️⚠️ Disclaimer: I am NOT a financial advisor, and nothing I say is meant to be a recommendation to buy or sell any financial instrument. I will NEVER ask you to send me money to trade for you. Please report any suspicious emails or fake social media profiles claiming to be me. Don't invest money you can't afford to lose. There are no guarantees or certainties in trading or investing.
My videos may contain affiliate links or sponsorship to products I believe will add value to your life and help you in trading. No matter what I or anyone else says, it’s important to do your own research before making a financial decision involving cryptocurrencies. ⚠️⚠️⚠️
????️ Tags #ethereum #cryptocurrency #crypto
ethereum,ethereum blockchain,myetherwallet pending,pending transaction,Help! My Ethereum Transaction has Been Pending All Day!,Why is my tranaction pending?,gas price,gwei,how ethereum works,how to use ethereum,ethereum explained,cryptogrubber
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