Announcement regarding Conflux Tethys Traffic Congestion on Nov. 3rd

Conflux Tethy network is currently under traffic congestion. If users would like to prioritize their transactions, please manually raise the gas price to 1 GDrip. If the gas price is raised to 1 GDrip, the gas price will exceed the single transaction gas price coverage limitation set by the Conflux Foundation, which means that users might not be able to use the contract gas fee sponsor. (In this case, users will need to cover their gas fee.) The storage sponsorship won’t be affected.

Noted: 1 GDrip = 0.000000001 CFX

Detailed Explanation:

Even though the current Conflux Tethys TPS is around 30 to 50 as the graphic shows,

each transaction includes around 50 CRC20 transfers.

Therefore, the TPS for transfer reaches 1500 to 2500 or even higher, which is a relatively high TPS in the real application scenario. Due to the low cost of Conflux gas prices, there are users who send massive transactions and congest the txpool. The only way to prioritize other transactions is to raise the gas price.

Suggestions to users and ecosystem projects:

To users: If you would like to prioritize your transactions, please manually raise the gas price to 1 GDrip.

To ecosystem projects: Raising the gas price to 1 GDrip will exceed the single transaction gas price coverage limitation set by the Conflux Foundation. (In this case, users will need to cover their gas fee.) Because ConfluxScan sponsored transaction gas fee upper bound is 10 GDrip, the exact price for users to cover after manually raising the gas price is calculated by 10 GDrip / Gas Limit.

If you are still experiencing network congestion after raising the gas price to 1 GDrip, we suggest you to further raise the gas price. (The logic follows the Ethereum network.)