Tag: high network fees

Why Is Ethereum Network Fee So High

Ethereum network fee is high because the number of transactions on the network is high. When someone sends a transaction on the Ethereum network, they must include a fee that goes to the miners who verify and process the transaction. The higher the number of transactions on the network, the higher the fees will be. […]

What Is Ethereum Network Fee

What is Ethereum network fee? Ethereum network fee is the cost of sending transactions on the Ethereum network. This fee is paid in ETH, and is collected by miners who process transactions on the Ethereum network. The amount of the fee varies depending on the size of the transaction, and the current network congestion. Why […]