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coinpedia 2023-01-23 13:31:37

Ethereum’s Gas Wars: $39k Transaction Fees Recorded! An Opportunity In Disguise For ‘ETH Killers’?

The post Ethereum’s Gas Wars: $39k Transaction Fees Recorded! An Opportunity In Disguise For ‘ETH Killers’? appeared first on Coinpedia Fintech News On the Ethereum blockchain, gas is the fee required to complete a transaction or carry out a contract. In order to reward miners for their efforts in maintaining and protecting the blockchain, the idea of gas was first developed. Gas fees were introduced as the incentive for staking ETH and taking part in validation once …

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