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Gas Fee

The payment made to have a blockchain process your transaction, priced by how much computing work it needs and how busy the network is.

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The payment made to have a blockchain process your transaction, priced by how much computing work it needs and how busy the network is.

Why it matters

When gas spikes, small transactions stop making economic sense — which is why cheap layer-2 networks exist at all.

Related terms

Ethereum, Layer 2, Mempool

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