I was trying to send 1 DAO from Myetherwallet to another address and wanted to know if it worked. However, I was not able to send due to insufficient funds for gas * price + value. I had 150000 gas for the transaction fee. Screenshots attached. Any idea how to resolve this issue?

enter image description here

enter image description here

  • Can you just try to increase the gas? – Joël May 28 '16 at 11:11
  • I just made a successful tx with 2 000 000 gas (randomly chosen big number). – Joël May 28 '16 at 11:19

The reason why your transaction failed is that you have insufficient funds in your account to pay for the gas to execute the transaction.

Looking at your account at 5C8a1cbEF21403B2D708796ea2F050F517393b91, you have a balance of 0.000229089 ETH . This balance is also shown in your screen print above.

Looking at the cost of a transaction to The DAO that executed successfully (0xf14cdcdc03903945abe514649eb9e55eb2d710d4be7c8c1696ebfe635f8f287c), the transaction fee is 0.00095556 ethers, and this is more than is available in your account balance.

And here is another successfully executed transaction to The DAO (0xf50a5d149d5b1fd896716cb273f4a789e9bf50226766424874ed3589ac5960e2) that has a transaction fee of 0.00065556 ethers.

Q: How to resolve this issue?

You will have to add a bit more ethers to your account before you can transfer the DAO from your account.

  • Noted Bokky. I initially thought that I could pay the gas price using my DAO tokens. Also, could you help with my other question relating to the balance issue (ethereum.stackexchange.com/questions/4378/…)? I am still experimenting in the DAO environement. – suburhok May 28 '16 at 12:50

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service, privacy policy and cookie policy

Not the answer you're looking for? Browse other questions tagged or ask your own question.