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All the Technical Questions About NFTs You Wish You Could Ask - How do blockchains, smart contracts and NFTs actually work? with George aka Fatlion
Welcome to the Metaverse
What Are Gas Fees?
Gas is the sort of, it's almost like the tax of the etherium erock block chain. And you pay gas any time you do a transaction on etherium and that gas is paid to the miners. The limit is basiclly defined by how complex an operation you'rl tr to perform on the network. Gas price also changes, and that's driven by the amount of people using the network,. or the amount of transactions that a kind of being run on the working It's almost like a bidding process. So we've seen a lot of attempts at how you can avoid this happening as well. People are allowed to choose which things they want to have happen before the collection sells out
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