Gas is an important part of the Ethereum network. It is used to pay for transactions and to reward miners. The higher the gas price, the faster a transaction will be processed. The gas price is determined by the miners. They can set the price as high as they want. This means that the price […]
Why Is Ethereum Fee So High
What is Ethereum? 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 was crowdfunded during August 2014 and launched on July 30, 2015. Ethereum is not just a platform but also a programming language (Turing complete) running on a […]
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