Gas (Ethereum)

Gas on Ethereum is a fee paid to process transactions and run applications on the blockchain. Think of it as the fuel needed to power operations, ensuring that tasks like transferring tokens or executing smart contracts are carried out securely and efficiently. Gas prices fluctuate based on network demand, and paying higher fees can speed up transaction confirmation. Essentially, Gas incentivizes miners to include your transaction in the blockchain, helping to prioritize and manage computational resources in the decentralized environment.