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Known for its strong smart contracts and decentralized apps (dApps), Ethereum is the second-largest blockchain by market capitalization.However, if you have ever transacted on Ethereum (ETH), you have likely encountered gas costs, which can be perplexing, annoying, and even costly at times. Summary Transaction charges paid in gwei to validators for handling transactions such as ETH transfers and smart contract interactions are known as Ethereum gas fees. Three elements