How Does Gas Fees Work?

here's how gas fees work every transaction on a blockchain needs to be verified and added to the network and that takes computational power these fees are basically the payment to the computers AKA miners or validators who are grinding behind the scenes gas fees are paid in ether and depend on two things how pack the network is and how complicated your transaction is every move you make on ethereum takes gas units some actions like sending eth to a friend a chill and don't need much gas but minting an nft is going to burn hot now that's the price you pay per gas unit that fluctuates it's measured in something called guay and when everyone's fighting to get their transactions through you might have to offer more guay to avoid getting stuck in this traffic jam.

As found on YouTube

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