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Difference between revisions of "Gas fees"
Created page with "Gas fees is an expression commonly used to refer to the transaction fees in the EVM-based blockchain (like Ethereum, Avalanche C-chain, Fantom). Gas fees are paid in the native token of the blockchain (ex ETH in Ethereum, AVAX in Avalanche) and are dependent on two factors: * Gas cost * Gas price == Gas cost == Gas is the representation of the computational effort a transaction takes to be executed. Since in a blockchain each node must independently execute..."
(Created page with "Gas fees is an expression commonly used to refer to the transaction fees in the EVM-based blockchain (like Ethereum, Avalanche C-chain, Fantom). Gas fees are paid in the native token of the blockchain (ex ETH in Ethereum, AVAX in Avalanche) and are dependent on two factors: * Gas cost * Gas price == Gas cost == Gas is the representation of the computational effort a transaction takes to be executed. Since in a blockchain each node must independently execute...") |
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