This blog explains what is gas fees on Ethereum blockchain and mechanism behind it, along with tips on how to reduce transaction cost.
Ethereum’s on-chain activity continued to grow, extending to a five-month peak based on gas usage. The surge is driven by more DeFi interactions, smart contract activity, and stablecoin usage.
Vitalik Buterin along with fellow researcher Toni Wahrstätter have proposed EIP 7983 which caps the Ethereum transaction gas limit to 16.77 million or (2^24). The proposal was created on GitHub in ...
A gas war is an auction for priority inclusion in an upcoming block of transactions to be validated on a blockchain. When demand is high, the price of a priority position can rocket. According to ...