What are the “maximum fee” and “priority fee” in a wallet, and why is the amount actually charged often lower than the cap?
The base fee is burned instead of being paid to the block producer, preventing them from profiting by stuffing fake transactions into a block to drive up fees.
The first page of my trading journal says: Understand it before placing an order.
It’s safer to avoid products you’re unfamiliar with, or practice with small amounts first.
$ETH 2508.61（-1.76%）
#ETH
The base fee is burned instead of being paid to the block producer, preventing them from profiting by stuffing fake transactions into a block to drive up fees.
The first page of my trading journal says: Understand it before placing an order.
It’s safer to avoid products you’re unfamiliar with, or practice with small amounts first.
$ETH 2508.61（-1.76%）
#ETH