Binance Square
LIVE
LIVE
BuRaXeS
--334 views
Important Step for Ethereum Transaction Fees: Ethereum gas limit refers to the maximum amount of gas spent on executing transactions or smart contracts in each block. Gas is the fee required to perform a transaction or execute a smart contract on the network. This step could result in a 15% to 33% reduction in Layer-1 transaction fees, he said in a published post. “Increasing the gas block limit by 33% gives the Layer-1 Ethereum network the ability to process 33% more transaction load in a day.” #Bitcoin  #News $BTC $ETH $BNB

Important Step for Ethereum Transaction Fees:

Ethereum gas limit refers to the maximum amount of gas spent on executing transactions or smart contracts in each block. Gas is the fee required to perform a transaction or execute a smart contract on the network.

This step could result in a 15% to 33% reduction in Layer-1 transaction fees, he said in a published post.

“Increasing the gas block limit by 33% gives the Layer-1 Ethereum network the ability to process 33% more transaction load in a day.”

#Bitcoin   #News $BTC $ETH $BNB

Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
0
Explore Content For You
Sign up now for a chance to earn 100 USDT in rewards!
or
Sign up as an entity
or
Log In
Relevant Creator
LIVE
@BuRaXeS

Explore More From Creator

--

Latest News

View More
Sitemap
Cookie Preferences
Platform T&Cs