![]() ![]() That being said, like other fees, gas fees can be a pain. The Ethereum mining process keeps scammers from taking over the network, which ultimately keeps investors safe. Gas ultimately helps investors as it prevents the Ethereum network from getting bogged down. When investors interact with the Ethereum network, they must pay gas fees to cover the computational effort required for that transaction. And just like the gas you put into your car, this type of gas isn't free. It's used to describe a unit of measurement of the computational effort it takes to complete a transaction. “Gas” is the cost of buying or selling on the Ethereum network. This means the more popular Ethereum becomes, the higher the gas fees are.
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