@odor66

Gas fees are transaction fees required to execute operations on blockchain networks, particularly those using smart contracts, like Ethereum. These fees compensate miners or validators for processing transactions and securing the network. High gas fees can significantly impact the user experience, especially during periods of network congestion. Users may face slow transaction times and higher costs, which can deter smaller transactions or everyday use of decentralized applications (dApps). On Ethereum, for example, high gas fees have pushed developers to seek solutions like Layer 2 scaling or alternative blockchains to reduce costs. While gas fees help secure the network, excessive fees can harm accessibility and drive users to cheaper platforms.

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