What Does Ethereum Gas Fees Mean? In order to understand what Ethereum gas fees mean, it’s important to first understand what Ethereum is. Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. To use Ethereum, you need to pay gas. […]
Why Is Ethereum Taking So Long To Transfer
In recent weeks, the Ethereum network has been struggling with congestion and slow transaction times. This has caused some users to complain about the slow speed of transactions and the high fees associated with sending payments on the network. So why is Ethereum taking so long to transfer? And what can be done to improve […]
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How Are Ethereum Fees Calculated
When you send a transaction on the Ethereum network, you are required to pay a fee in order for that transaction to be processed. The fee is paid in Ether, and is calculated based on a few factors such as the size of the transaction and the network congestion. In order to calculate the fee […]
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