Ethereum gas wars may be returning as one transaction cost more than $39,000
While it remains unclear what the transaction was that Williams referred to, the tweet lends reality to how far the Ethereum network still has to go with respect to combating gas wars and the likelihood of users paying a very high amount for transaction fees.
One of the major concerns of Ethereum users prior to The Merge was that transaction costs were going through the roof. At the time, it was not uncommon for users to pay a relatively larger amount than the real value of their transaction. While the transition to proof of stake helped expand the bandwidth of the network, a significant plunge in gas may not be experienced until other upgrades of the new PoS network are activated.
As part of the efforts to make the Ethereum protocol more usable, Vitalik Buterin has reiterated his commitment to helping develop rollup technologies for Layer 2 networks.
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