Ethereum Gas

Cryptocurrencies revolutionized the financial sector and are slowly taking over the traditional banking system. For a long time, conventional banking has been associated with slow and inefficient transactions, especially when it comes to transaction fees. Intermediaries, or rather banks and other financial institutions, are part of what makes financial transaction costs relatively high. However, this third-party influence in financial transactions ended when Satoshi Nakamoto introduced Bitcoin, the first cryptocurrency. Bitcoin and other first-generation cryptocurrencies allow the transfer of currency from…