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This network paralysis was so strong that many exchange platforms temporarily blocked ETH withdrawals",j:"absolute",x:"visible",k:"div",y:"preserve",z:110,aS:8,aT:8,a:1,b:3989},"657":{G:"#223138",aU:8,c:304,aV:8,d:28,r:"inline",s:"'Open Sans'",t:16,Z:"break-word",v:"normal",w:"Current throughput:",j:"absolute",x:"visible",k:"div",y:"preserve",z:142,aS:8,aT:8,a:0,b:6401},"614":{G:"#FFBD00",aU:8,c:284,aV:8,d:65,r:"inline",s:"'Open Sans'",t:16,Y:26,Z:"break-word",v:"normal",w:"To keep track of the upcoming ICOs, and monitor how they impact the Ethereum network:",j:"absolute",x:"visible",k:"div",y:"preserve",z:156,aS:8,aT:8,a:0,b:7181},"574":{G:"#223138",aU:8,c:284,aV:8,d:438,r:"inline",s:"'Open Sans'",t:16,Y:26,Z:"break-word",w:"
The strong hype around Bancor led to a significant increase in pending transactions, as buyers attempted to acquire BNTs. Consequently, the whole Ethereum network was impacted for many hours from such a rush



Pending transactions end up in a dedicated memory space on the network\u2019s nodes, which is more commonly called \u201cbacklog\u201d or \u201ctransaction pool.\u201d When this space is saturated, transactions take greater amounts of time to be validated



The Bancor team tried to modify the smart contract to stop the token sale at 250,000 ETH, but even they couldn't do it because of the congestion. This led to the ICO lasting two hours more than initially planned
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Long-term solutions have yet to be looked at, but certain individual ICOs (iDice) have decided to tell users to increase the \u201cgas\u201d they use to propel their investments.
Gas is the internal pricing for running a smart contract or submitting a transaction to Ethereum. However, there is a gas limit and miners on the network decide what the block gas limit is.

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The ICO Mania and 

its Consequences on Ethereum

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Long-term solutions have yet to be looked at, but certain individual ICOs (iDice) have decided to tell users to increase the \u201cgas\u201d they use to propel their investments.
Gas is the internal pricing for running a smart contract or submitting a transaction to Ethereum. However, there is a gas limit and miners on the network decide what the block gas limit is.

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The strong hype around Bancor led to a significant increase in pending transactions, as buyers attempted to acquire BNTs. Consequently, the whole Ethereum network was impacted for many hours from such a rush

Pending transactions end up in a dedicated memory space on the network\u2019s nodes, which is more commonly called \u201cbacklog\u201d or \u201ctransaction pool.\u201d When this space is saturated, transactions take greater amounts of time to be validated

The Bancor team tried to modify the smart contract to stop the token sale at 250,000 ETH, but even they couldn't do it because of the congestion. This led to the ICO lasting two hours more than initially planned
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The ICO Mania and 

its Consequences on Ethereum

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