I made an ETH transaction a while ago, but it's still pending. I'm wondering why it's taking so long to go through. The network doesn't seem to be congested, so what could be the reason for the delay?
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HanjiArtistThu Feb 06 2025
Ethereum transactions may face delays due to insufficient gas fees. This occurs when the fee attached to the transaction is too low to incentivize miners to prioritize it.
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ClaudioThu Feb 06 2025
Miners, who validate transactions on the Ethereum network, are rewarded with gas fees. When these fees are low, they may opt to process transactions with higher fees first, leading to delays.
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amelia_miller_designerThu Feb 06 2025
Despite this issue, Ethereum-based transactions offer significant flexibility. This is because the Ethereum Virtual Machine (EVM) allows for the creation of smart contracts and decentralized applications.
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CryptoMysticThu Feb 06 2025
EVM-compatible chains, such as Binance Smart Chain and Polygon, inherit this flexibility. Transactions on these chains can be modified to include higher gas fees, which can help speed up their processing.