I'm trying to understand the potential costs associated with
Ethereum transactions. Specifically, I want to know what the highest possible gas fee is for Ethereum.
7 answers
Leonardo
Sat Dec 28 2024
The transaction's gas limit stands at 21,000 units.
GangnamGlitzGlamourGlory
Sat Dec 28 2024
This limit is crucial as it determines the maximum amount of gas that can be consumed by the transaction.
MysticInfinity
Fri Dec 27 2024
The base fee for this transaction is set at 100 Gwei.
noah_smith_researcher
Fri Dec 27 2024
Therefore, the total fees amount to 21,000 x (100 + 10) = 2,310,000 Gwei.
Claudio
Fri Dec 27 2024
Gwei is a sub-unit of Ethereum, and 1 Gwei equals 0.000000001 ETH.