Definition of gas fees

Gas fees, paid in Ether (ETH), are a unit of measurement that expresses the computing power required to properly execute a transaction on the Ethereum blockchain.
Gas can be associated with the gasoline that a car needs to move. Gas fuels the transactions and allows them to perform various operations.

Gas prices are expressed in GWei (a small sub-unit of ETH): 1 ETH = 1,000,000,000 GWeis.

Before executing each operation in a transaction, the Ethereum blockchain checks if there is enough gas left, otherwise the transaction is canceled.

“Gas” correspond aux frais de gaz payés en Ether (ETH).

What is the gas fees limit?

The gas limit is a predetermined number of transactions that can be included in a block.

Miners will therefore prefer to validate transactions with the highest gas costs, they are more profitable.

If a user wants his transaction to be carried out by the miners, he will have to outbid them, which increases the gas costs.

The operation of the gas fees

The miners determine the gas price according to the supply and demand.

Les mineurs déterminent le prix du gaz en fonction de l’offre et de la demande de la puissance de calcul nécessaire du réseau pour traiter la transaction.
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