{"id":8700,"date":"2021-12-13T15:13:35","date_gmt":"2021-12-13T15:13:35","guid":{"rendered":"https:\/\/yourcryptolibrary.com\/?page_id=8700"},"modified":"2022-10-30T15:25:08","modified_gmt":"2022-10-30T15:25:08","slug":"wat-is-gas","status":"publish","type":"page","link":"https:\/\/yourcryptolibrary.com\/nl\/ethereum\/what-is-gas\/","title":{"rendered":"Wat is een gasvergoeding?"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"8700\" class=\"elementor elementor-8700\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-095ff14 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"095ff14\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ae2345d\" data-id=\"ae2345d\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-1f6b9c1 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"1f6b9c1\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-bb88577\" data-id=\"bb88577\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3452212 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"3452212\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"#\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Learn more about cryptocurrrencies<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-9d4cd42\" data-id=\"9d4cd42\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-74448db elementor-align-center elementor-widget elementor-widget-button\" data-id=\"74448db\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"\/exchanges\/\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Trade Crypto<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<div class=\"elementor-element elementor-element-d3ac2f4 elementor-toc--minimized-on-tablet elementor-widget elementor-widget-table-of-contents\" data-id=\"d3ac2f4\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;headings_by_tags&quot;:[&quot;h2&quot;,&quot;h3&quot;,&quot;h4&quot;],&quot;exclude_headings_by_selector&quot;:[],&quot;marker_view&quot;:&quot;numbers&quot;,&quot;no_headings_message&quot;:&quot;Er zijn geen rubrieken gevonden op deze pagina.&quot;,&quot;minimize_box&quot;:&quot;yes&quot;,&quot;minimized_on&quot;:&quot;tablet&quot;,&quot;hierarchical_view&quot;:&quot;yes&quot;,&quot;min_height&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;min_height_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;min_height_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]}}\" data-widget_type=\"table-of-contents.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-toc__header\">\n\t\t\t\t\t\t<h4 class=\"elementor-toc__header-title\">\n\t\t\t\tTable of Contents\t\t\t<\/h4>\n\t\t\t\t\t\t\t\t\t\t<div class=\"elementor-toc__toggle-button elementor-toc__toggle-button--expand\" role=\"button\" tabindex=\"0\" aria-controls=\"elementor-toc__d3ac2f4\" aria-expanded=\"true\" aria-label=\"Inhoudsopgave openen\"><i aria-hidden=\"true\" class=\"fas fa-chevron-down\"><\/i><\/div>\n\t\t\t\t<div class=\"elementor-toc__toggle-button elementor-toc__toggle-button--collapse\" role=\"button\" tabindex=\"0\" aria-controls=\"elementor-toc__d3ac2f4\" aria-expanded=\"true\" aria-label=\"Inhoudsopgave sluiten\"><i aria-hidden=\"true\" class=\"fas fa-chevron-up\"><\/i><\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<div id=\"elementor-toc__d3ac2f4\" class=\"elementor-toc__body\">\n\t\t\t<div class=\"elementor-toc__spinner-container\">\n\t\t\t\t<i class=\"elementor-toc__spinner eicon-animation-spin eicon-loading\" aria-hidden=\"true\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f3a464b elementor-widget elementor-widget-video\" data-id=\"f3a464b\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;youtube_url&quot;:&quot;https:\\\/\\\/www.youtube.com\\\/watch?v=Yh8cHUB-KoU&quot;,&quot;video_type&quot;:&quot;youtube&quot;,&quot;controls&quot;:&quot;yes&quot;}\" data-widget_type=\"video.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-wrapper elementor-open-inline\">\n\t\t\t<div class=\"elementor-video\"><\/div>\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c69ccec elementor-widget elementor-widget-text-editor\" data-id=\"c69ccec\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2>What is a Gas fee?<\/h2><p>The concept of <i>Gas <\/i>was introduced to maintain a distinct value layer that solely indicates the computational expenses on the Ethereum network. Thus, Gas is a term used to refer to the computational work required to validate a transaction on the Ethereum network.<\/p><p>The height of the Gas fee will depend on the cost congestion of the Ethereum network and the costs a miner incurs to perform a transaction. <b>The more complex the transaction, the higher the Gas fee.<\/b> This Gas fee is based on the &#8216;Gas price&#8217;, which is referred to in terms of Ether &#8211; ETH.\u00a0<\/p><p>Because the Gas fees for transactions are many times smaller than one full Ether, they will be referred to in Gwei.<\/p><p>The table below shows the different units of Ether. Notably, each denomination has been given a special nickname, inspired by prominent figures from the <a href=\"\/ethereum\/\" target=\"_blank\" rel=\"noopener\">Ethereum ecosystem<\/a>.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a184072 elementor-widget elementor-widget-image\" data-id=\"a184072\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"554\" height=\"296\" src=\"https:\/\/yourcryptolibrary.com\/wp-content\/uploads\/2021\/12\/What-is-a-gas-fee.png\" class=\"attachment-large size-large wp-image-8702\" alt=\"What is a gas fee\" srcset=\"https:\/\/yourcryptolibrary.com\/wp-content\/uploads\/2021\/12\/What-is-a-gas-fee.png 554w, https:\/\/yourcryptolibrary.com\/wp-content\/uploads\/2021\/12\/What-is-a-gas-fee-300x160.png 300w\" sizes=\"(max-width: 554px) 100vw, 554px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fb850d8 elementor-widget elementor-widget-text-editor\" data-id=\"fb850d8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2>What is a Gwei?<\/h2>\n<p>Gwei is a denomination of Ether &#8211; ETH and will be used in expressing the cost of Gas. It is known that 1 Gwei is equivalent to 0.000000001 Ether (ETH).<\/p>\n<h2>How to determine the Gas fee?<\/h2>\n<p>Traders can set their own Gas price and thus influence their transaction speed.<\/p>\n<p>Of course, you don\u2019t want to set a Gas price too low because you might run the risk that the transaction will never be completed and you will have to execute it again. To see what the ideal Gas price is, be sure to check <a href=\"https:\/\/etherscan.io\/\" target=\"_blank\" rel=\"noopener\">EtherScan<\/a>.<\/p>\n<h2>Why are the gas fees exponentially high on Ethereum?&nbsp;<\/h2>\n<p>Gas is used in every Ethereum smart contract action. Also, miners don&#8217;t work for free and are incentivized to prioritize transactions with the highest gas prices. To conclude;&nbsp;<span style=\"color: var( --e-global-color-text ); font-family: var( --e-global-typography-text-font-family ), Sans-serif; font-weight: var( --e-global-typography-text-font-weight ); font-size: 1rem;\">the more popular the Ethereum network becomes, the more gas fees will skyrocket.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Learn more about cryptocurrrencies Trade Crypto Table of Contents https:\/\/www.youtube.com\/watch?v=Yh8cHUB-KoU What is a Gas fee? The concept of Gas was introduced to maintain a distinct value layer that solely indicates the computational expenses on the Ethereum network. Thus, Gas is a term used to refer to the computational work required to validate a transaction on [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":9252,"parent":680,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-8700","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>What is a Gas Fee?<\/title>\n<meta name=\"description\" content=\"Ever used Ethereum and wondered why a transaction costs more then your net worth? 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