Congestion on the Ethereum network forced an online casino to temporarily close shop earlier this year. The development came into light afterward KingTiger Casino'southward official website announced on February. 26 the company's temporary closure of services. According to KingTiger's statement:

"We take had to temporarily shut our casinos due to the Ethereum network congestion, making it impossible to run our games in their current format."

The crypto-centric online casino is currently on the lookout for new solutions that tin can host "a new range of features and games" for its participants. Although the casino services take been temporarily suspended, the platform is allowing users to access their digital wallets.

The parent company, Carnival Technologies, all the same allows users to create new wallet accounts, and KingTiger maintains that the non-custodial wallet owners will be able to retain control over their assets. Clarifying its stance, the casino said:

"Yous may go on any funds in there as long every bit you like or move them out to another ERC-twenty address."

The gambling site was powered by the FUN token, an in-house initiative by Funfair Technologies running on smart contract engineering science.

Carnival told Cointelegraph that it is currently exploring alternatives to Ethereum layer one and plans to release new gaming products in the coming months.

Related: Ethereum supply flips briefly into deflation as gas fees spike

The contempo London hard fork was aimed at Ethereum's inherent problem related to network scaling and fluctuating transaction fees. In addition, the rising of nonfungible tokens and decentralized finance imposed further stress on the Ethereum network.

The upgrade has already created 800 deflationary blocks that were formed when Ether (ETH) burns overtook mining rewards, effectively decreasing the supply temporarily.

After the successful fork, ETH's price rocketed up to $2,800 to eventually suspension the $3,000 marker.

Transaction fees remain loftier, however. According to BitInfoCharts, average transaction prices are notwithstanding around $20, with Uniswap fees as loftier equally $33.