- Дата: 8-03-2023, 12:26
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Like any vehicle, the Ethereum network wants fuel for its safe operation. We realize it as fuel. As Ethereum positive factors recognition, more decentralized finance (DeFi) transactions are adopting it. Sadly, due to the congestion of so many DApps and individual users, this gasoline fee keeps increasing. So, what is an Ethereum fuel fee, and the way are you able to save money on them? What Are Ethereum Fuel Charges, and Why Are They So Excessive? The Ethereum gasoline charge is the cost you pay when performing any transaction on the Ethereum blockchain. The Ethereum blockchain operation requires a specific amount of computational effort, which cryptocurrency miners perform using Ethereum mining software. To keep the Ethereum network operational and secure, miners obtain ETH (the crypto coin of Ethereum) as a reward for his or her contribution to the network. The ETH coin rewards come from the gasoline payment. Cryptocurrency transactions are grouped in what is known as a block.