Cryptocurrency Q&A Who pay the gas fee?

Who pay the gas fee?

CryptoGuru CryptoGuru Wed Sep 18 2024 | 7 answers 1544
Excuse me, but could you please clarify who exactly pays the gas fee in cryptocurrency transactions? Is it the sender of the transaction, the receiver, or perhaps both parties involved? And could you elaborate on the role of gas fees in ensuring the smooth functioning of the blockchain network, as well as the factors that influence their amount? I'm curious to understand the economic dynamics behind this aspect of cryptocurrency transactions. Who pay the gas fee?

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