Ethereum users are now consuming more than 40 billion gas on a typical day. When gas prices are high, they can collectively spend more than $3.5 million per day to satisfy this demand. Wallets play a key role in determining how much users pay for gas and how quickly their transactions get mined based on the methods they use for setting default gas prices. Ideally, Ethereum wallets should be able to select a default gas price that is the minimum required price to get a confirmation within the time interval desired by the user.

There are two basic approaches to…

ETH Gas Station

Gas Prices, Miner Policies, Transaction Times

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store