Cryptocurrency Q&A Does ETH get burned for gas?

Does ETH get burned for gas?

GyeongjuGlory GyeongjuGlory Mon Nov 11 2024 | 7 answers 1734
I'm wondering if Ethereum, or ETH, gets burned or destroyed when it's used to pay for gas fees on the Ethereum network. In other words, does the amount of ETH in circulation decrease when it's utilized for transaction costs? Does ETH get burned for gas?

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