comisiondered

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Sending the same transaction on Ethereum can cost a lot more on Monday at noon than on Sunday in the early hours of the morning, even though the contract you signed hasn’t changed one bit. Nobody touched the code. The transaction is still the same: moving a token, interacting with a contract, whatever it may be. But the cost of carrying it out goes up or down just because the time you sent it changed. That confuses anyone coming from traditional banking, where the fee is fixed and printed in fine print. There’s no fine print here. There’s a queue. And that queue moves differently depending on the time. That combination—a base fee that gets burned plus a tip that does reach the validator—is the network fee: what you pay for the computational work your transaction requires, regardless of whether you gained or lost value from it. KEY CONCEPTS - Gas is not the same as $ETH. Gas measures how much computational work your transaction requires, and you pay for that work using $ETH as currency. - Paying a higher fee doesn’t make your transaction better or safer. It just buys you a spot closer to the front of the queue to get into the next block. - Some of what you pay gets burned and disappears from circulation. No miner, validator, or the app you used receives it; only the tip goes to whoever assembled the block. It’s the same idea as a toll that charges different rates during rush hour: the route is the same, but how many people want to take it at the same time changes the price. The same thing happens with every block on Ethereum. Transparency: Binance may pay us a commission if you trade after clicking an asset symbol or a price link in this post. #ComisionDeRed #RedEthereum #FinanzasDescentralizadas #Cryptocurrencies
Sending the same transaction on Ethereum can cost a lot more on Monday at noon than on Sunday in the early hours of the morning, even though the contract you signed hasn’t changed one bit.

Nobody touched the code. The transaction is still the same: moving a token, interacting with a contract, whatever it may be. But the cost of carrying it out goes up or down just because the time you sent it changed. That confuses anyone coming from traditional banking, where the fee is fixed and printed in fine print. There’s no fine print here. There’s a queue. And that queue moves differently depending on the time.

That combination—a base fee that gets burned plus a tip that does reach the validator—is the network fee: what you pay for the computational work your transaction requires, regardless of whether you gained or lost value from it.

KEY CONCEPTS
- Gas is not the same as $ETH . Gas measures how much computational work your transaction requires, and you pay for that work using $ETH as currency.
- Paying a higher fee doesn’t make your transaction better or safer. It just buys you a spot closer to the front of the queue to get into the next block.
- Some of what you pay gets burned and disappears from circulation. No miner, validator, or the app you used receives it; only the tip goes to whoever assembled the block.

It’s the same idea as a toll that charges different rates during rush hour: the route is the same, but how many people want to take it at the same time changes the price. The same thing happens with every block on Ethereum.

Transparency: Binance may pay us a commission if you trade after clicking an asset symbol or a price link in this post.

#ComisionDeRed #RedEthereum #FinanzasDescentralizadas #Cryptocurrencies
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