What is Ethereum gas?

[Pereira 2303]

Gas is very complex from the Ethereum network, we all know that gas is the commissions for our transactions in the market or in miners, but what sometimes gets out of hand, since gas is very expensive in transactions sometimes commissions get out of hand and can cost much more than we might think. For this reason, I do not use the Ethereum network much because of the expensive transaction fees being a beginner in the trade.

[RoyalHouse01 9]

It is simply the fee we pay for the transactions we make and some of the times it is easy to reduce the fee we pay in the terms of the gas but that will delay the time of the sending the amount.

[abd1992 960]

On 10/4/2020 at 11:55 AM, alexjobs said:

In Ethereum, we know that we can create smart contracts, these contracts execute code, this code is executed in the nodes, that is, in the computers of the miners.
 

Now, for using its computational power we pay a price, so gas is basically the commission that miners charge for executing the code that will make our transactions execute.
 

It should be noted that the contracts allow us to configure how much gas we want to use in each transaction, but if we put very little perhaps no miner wants to carry out our transaction, so it is best to leave the value that it has in the market by default, fortunately it is cheap, there are several pages where you can view the price of gas.

Ethereum gas is the commission that he took from traders in exchange for withdrawals and trades. Working on it today has become difficult due to the large increase in gas fees

[abdullah553 1981]

Many currencies rely on the Ethereum blockchain to build their own currency chain, and gas fees are used through the transfers that actually take place in Ethereum.