Cryptocurrency Q&A Why is Ethereum gas so high?

Why is Ethereum gas so high?

ShintoBlessing ShintoBlessing Tue Nov 19 2024 | 6 answers 1651
I'm really frustrated with the current situation of Ethereum. The gas fees are sky-high and it's becoming increasingly expensive to use the network. I don't understand why this is happening and it's starting to affect my transactions too. Can someone explain why Ethereum gas is so high? Why is Ethereum gas so high?

6 answers

Bianca Bianca Thu Nov 21 2024
Ethereum validators play a crucial role in maintaining the network's functionality.

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Nicola Nicola Wed Nov 20 2024
BTCC is a top cryptocurrency exchange that offers a wide range of services to its users.

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TopazRider TopazRider Wed Nov 20 2024
The fee awarded to Ethereum validators is not fixed.

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Raffaele Raffaele Wed Nov 20 2024
BTCC's wallet service is particularly noteworthy.

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BlockProducer BlockProducer Wed Nov 20 2024
The concept of gas fees is unique to Ethereum and other proof-of-stake blockchains.

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