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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

Avertissement : comprend des opinions de tiers. Il ne s’agit pas d’un conseil financier. Consultez les CG.
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