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Master Ethereum Gas Fees - The New Normal EP. 31
Ethereum gas fees may be the difference between Ethereum becoming a Trillion dollar asset and losing to a competitor. Understanding the details behind this can prepare YOU to make sound crypto decisions.
What a gas fee is, how to pay as little gas as possible, gas wars, and more. This guide will give those that don't fully grasp how to best handle gas fees a clearer understanding.
MacNCheeasy and Jesse Friedland break down this crypto topic so anyone can understand in THIS WEEKS episode of The New Normal.
NEW EPISODES EVERY TUESDAY.
SUBSCRIBE: https://www.youtube.com/channel/UCFeFVytEkT8kaqPCJZGFswg
IF YOU'D RATHER LISTEN CHECK OUR PODCAST HERE: https://linktr.ee/thenewnormalpod
Join our FREE Incubator Discord Here ⬇️
https://discord.gg/fvMHvZ46bE
Your Hosts:
@JesseFriedland (https://twitter.com/JesseFriedland)
@MacNCheeasy (https://twitter.com/MacNCheeasy)
Timestamps:
00:00 – Intro
02:45 – What is Ethereum and what are smart contracts?
06:32 – Why do we need gas?
10:00 – Why does the amount of gas matter?
14:45 – Why do the fees vary?
16:35 – What is a GWEI?
20:36 – How is the fee determined?
25:15 – Why is ETH so much more expensive than other networks?
31:08 – How will ETH lower its fees?
37:20 – When will we see ETH 2.0 and will it fix everything?
43:50 – Closing thoughts
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By The Incubator
5
2828 ratings
Ethereum gas fees may be the difference between Ethereum becoming a Trillion dollar asset and losing to a competitor. Understanding the details behind this can prepare YOU to make sound crypto decisions.
What a gas fee is, how to pay as little gas as possible, gas wars, and more. This guide will give those that don't fully grasp how to best handle gas fees a clearer understanding.
MacNCheeasy and Jesse Friedland break down this crypto topic so anyone can understand in THIS WEEKS episode of The New Normal.
NEW EPISODES EVERY TUESDAY.
SUBSCRIBE: https://www.youtube.com/channel/UCFeFVytEkT8kaqPCJZGFswg
IF YOU'D RATHER LISTEN CHECK OUR PODCAST HERE: https://linktr.ee/thenewnormalpod
Join our FREE Incubator Discord Here ⬇️
https://discord.gg/fvMHvZ46bE
Your Hosts:
@JesseFriedland (https://twitter.com/JesseFriedland)
@MacNCheeasy (https://twitter.com/MacNCheeasy)
Timestamps:
00:00 – Intro
02:45 – What is Ethereum and what are smart contracts?
06:32 – Why do we need gas?
10:00 – Why does the amount of gas matter?
14:45 – Why do the fees vary?
16:35 – What is a GWEI?
20:36 – How is the fee determined?
25:15 – Why is ETH so much more expensive than other networks?
31:08 – How will ETH lower its fees?
37:20 – When will we see ETH 2.0 and will it fix everything?
43:50 – Closing thoughts