Today well explain the concept of a gas price and gas limit - something that might be confusing for a new #Ethereum user. When gas prices get too high, as happened during the CryptoKitties craze in 2017, it became difficult for users to transact and trade tokens on the network. As such, its important to know what to do to combat high transaction fees on Ethereum and how can you decrease the price of your ETH transactions using the two parameters.
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Blockchain Central is your #1 trusted source for everything crypto. Our host Blu will guide you through weekly news about the political, legal and financial sides of crypto currencies like Bitcoin and Ethereum as well as recent developments in Blockchain technology, Initial Coin Offerings (ICOs) and new coins/tokens.
This content does neither represent financial, legal or tax advice, nor is it supposed to be understood or interpreted as solicitation to buy or sell any securities, coins or tokens!
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