ETHEREUM COMPATIBILITY

Last updated: June 17, 2025, 03:15  |  Written by: Vitalik Buterin

Ethereum Compatibility
Ethereum Compatibility

Just Like Credit Card Companies

Gas fees are small payments required to process transactions and execute smart contracts on the Ethereum network. These fees compensate validators for their

Just like credit card companies charge merchants for processing payments, blockchain networks charge users a small fee to perform actions like sending cryptocurrency, interacting with smart

NFT Gas Fees Explained: Complete Guide to Blockchain - OpenSea

We

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We’ll walk you through the purpose of gas fees, what impacts them, how to avoid paying high fees, how fees differ by blockchain, and how OpenSea makes it easy to keep costs to a

These Fees Are Payable In

These fees are payable in Ether on Ethereum or BNB on BSC. If you set too low a gas price, your transaction will often remain unconfirmed as miners prioritize

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Vitalik Buterin can be reached at [email protected].

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