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Category: Usage

September 23, 2019
What is Ethereum’s Uncle Rate and Why Does It Matter?

What is Ethereum’s Uncle Rate and Why Does It Matter?

When the Ethereum network begins to feel a bit congested, it’s not uncommon to see terms like gas limit and uncle rate thrown around. They appear in discussions centered around raising Ethereum’s block gas limit per block (not to be confused with the gas limit you set when sending a transaction). This limit restricts the …

June 5, 2019
How long does an Ethereum transaction really take?

How long does an Ethereum transaction really take?

The answer is: it depends. The time for an Ethereum transaction to complete depends on how much you pay in gas (i.e., transaction fees) and how congested the Ethereum network is. As a refresher, every transaction you submit to the Ethereum blockchain must be accompanied by a fee known as gas. You get to decide …

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