Tag: cost Ethereum transactions

Why Are Gas Fees So High On Ethereum

Ethereum is currently the second largest cryptocurrency after Bitcoin. It was created in 2015 by Vitalik Buterin and has a market capitalization of over $28 billion. Ethereum is a decentralized platform that allows developers to create applications that run on a blockchain. One of the main features of Ethereum is its ability to process transactions. […]

Why Is Ethereum So Expensive To Send

Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. Ethereum is currently the second most expensive blockchain to send transactions on, after Bitcoin. The high cost of sending Ethereum transactions is due to the high amount of gas that is […]