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RE: Ethereum Network Overwhelmed and Backed up- No transactions processing

in #ethereum7 years ago

Great question: The problem is the transaction cannot be processed as the the tokens which are ERC-20 based tokens are need ether/gas to transfer from the ICO account to exchange. Due to transaction backlog the Tokens (TAAS.FUND) are not being able to process as they run on ethereum network so they are just seating there, unable to be transferred to the exchange. Hope that answers your question.