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What does the term ‘gas fee’ refer to in Ethereum?

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Marina Protocol is a global Web 3.0 tutorial platform with learning materials.

It provides beginners with easy-to-use content and advanced interfaces for activities.

Users can take part in Web 3.0 projects and get rewarded for their experiences.

Sign up using this link: marina-protocol.com/link/referral?code=FOLLOWCHAIN or use “followchain” as the invitation code.

To begin a quiz, open the Marina Protocol app, tap on “Learn & Earn”, and choose the correct answer.

In this guide, you’ll learn the answer to “What does the term ‘gas fee’ refer to in Ethereum?” in Marina Protocol.

What does the term ‘gas fee’ refer to in Ethereum?

Question: What does the term ‘gas fee’ refer to in Ethereum?

Answer: The cost of computational resources required to execute a transaction or contract.

Further reading

Which programming language is commonly used for writing Ethereum smart contracts?

What is the purpose of a Web3 wallet?

Which Web3 application allows users to borrow and lend cryptocurrencies?

The post What does the term ‘gas fee’ refer to in Ethereum? appeared first on Followchain.

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