Let’s talk about gas fees:
After the London upgrade (EIP-1559) in 2021, Ethereum’s gas fees were split into a base fee and a tip, with the base fee being burned.
One purpose of charging based on computational usage is to prevent people from clogging the network with code such as infinite loops.
$ETH 2516.13 (-1.51%)
#ETH
After the London upgrade (EIP-1559) in 2021, Ethereum’s gas fees were split into a base fee and a tip, with the base fee being burned.
One purpose of charging based on computational usage is to prevent people from clogging the network with code such as infinite loops.
$ETH 2516.13 (-1.51%)
#ETH