What Are Gas Fees?
Gas fees are payments users make for using a blockchain network, primarily Ethereum.
What Do Gas Fees Pay For?
Gas fees compensate for:
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Validators / miners who secure the network
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Computing power used to execute transactions and smart contracts
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Network security, discouraging spam and abuse
How Gas Fees Work (Simple Explanation)
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You submit a transaction (e.g., sending ETH or using an app).
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The transaction requires a certain number of gas units.
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You pay a gas price per unit.
Total Gas Fee Formula:
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Total Gas Fee = Gas Units × Gas Price
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Why Gas Fees Change
Gas fees increase or decrease based on:
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Network congestion (more users = higher fees)
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Time of day
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Complexity of the transaction
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How fast you want the transaction confirmed
In short:
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High demand → higher gas fees
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Low demand → cheaper gas fees
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