Tag: reduce amount need

Why Does Ethereum Have Gas Fees

In order to understand Ethereum gas fees, it is first important to understand what gas is. Gas is the unit of measurement that is used to calculate the cost of a transaction or action on the Ethereum network. The total gas cost of a transaction is the sum of the gas costs of the individual […]

What Is Ethereum Gas Used For

What is Ethereum Gas? Ethereum Gas is a unit of measurement used to quantify the amount of work that a user is willing to pay to execute a transaction or contract on the Ethereum network.  What is Ethereum Gas Used For? The main use case for Ethereum Gas is to pay for transaction fees on […]