Watched many videos regarding crypto, they all had been very difficult to understand as a beginner, but you are the only one who taught it clearly in simple terms and is easy to understand.
Quick note to self: gas: unit of operations (always stays the same but amount of GWEI per gas changes) GWEI: 10E-9 eth ETH Transaction Fee : gas * gwei per gas * 10E9
Eth gas fees are broken. The miners monitor the transaction types and charge more or less depending on the address. For example an OpenSea transaction is $6 while a Compound transaction is $105, they're basically just taxing people they assume can afford it. Thats like charging different prices for a can of Coke depending on who is buying it. You can play around with these numbers a bit but even rich people have their limits. A billionaire is unlikely to buy a coke for $100 even though he can afford it. People do not like being taken advantage of.
My 4th video watched in your channel and I've just subbed. Excellent content and the great explanations really help. Now I'll watch Crypto videos with greater understanding.
Thank u guys so much! ive learned a lot from your videos, they really teach u want u came searching for, unlike a lot of other channels. in the case of this specific video i got my answer in the first 30sec! keep up the good work
Thanks for explaining this. New to all of this, want to get a better understanding before I post my first NFT (hopefully soon). Gonna have to watch this a few more times so I can easily calculate the gas prices & such. Thanks Again.🙂
Thank you so much for your great videos!!! There is a lot of us that is easier to learn with examples and easy explanations. Pls. keep doing this great work!!!🙏🙏🙏
I subscribed to a site that helped organize and manage my phones. When it was all said and done, some financially important things were gone , and for some only copies remained. What should I do?
Thank a lot i have learn a lot from about this technology, keep with the good work educating people about this new technology . Is not about if price goes up or down with some youtubers do. sort of casino.
You motivated me to create my own token. Big stuff is coming. Keep making this educational content. In order to move society forward we need education!
Thank you for your video. I have 2 question for you about it : 1. If they will cancel the transaction fee the miners will not get anything and therefore no one will mine (dosen't make sense for me). 2. I know the transaction fees for ETH are still extremely expensive, it means the EIP 1599 didn't go live?
In 3:03 you say there are 1 quintillion weis in 1 Ethereum. Should it maybe be in 1 Ether? Newbie here and learning, hence my question! Brilliant videos - going through all of them now!
Thanks for awesome videos. I am going through all from chronological order. oldest one first. Does it cost 400 gas to read a wallet balance? I thought reading on blockchain is free. only writing cost gas. also how about computing on blockchain before writing? does computing cost gas? also please tell me what software do you use to create the videos. and the voice is original or computer? Does the voice recordings need retakes? May be you can do a video on how do you create videos. :-) Awesome work. keep it up.
Watched a lot of videos in a week, and the content is super nice! A lot of stuff learned. One thing that I dont like is that the speed of speech and the voice frequency is kinda too much and annoying. Try to lower the voice and talk slower. ✌
You guys are overestimating my grandpa
Watched many videos regarding crypto, they all had been very difficult to understand as a beginner, but you are the only one who taught it clearly in simple terms and is easy to understand.
Quick note to self:
gas: unit of operations (always stays the same but amount of GWEI per gas changes)
GWEI: 10E-9 eth
ETH Transaction Fee : gas * gwei per gas * 10E9
Being in Crypto for months and yet this videos was so full of new knowledge for me, thanks. You earn a new Subscriber.
Thank you! One my follower sent me this video. I got a bit knowledge of the ETH😁
Eth gas fees are broken. The miners monitor the transaction types and charge more or less depending on the address. For example an OpenSea transaction is $6 while a Compound transaction is $105, they're basically just taxing people they assume can afford it. Thats like charging different prices for a can of Coke depending on who is buying it. You can play around with these numbers a bit but even rich people have their limits. A billionaire is unlikely to buy a coke for $100 even though he can afford it. People do not like being taken advantage of.
Hands down the best explanation of eth gas EVER!!!
My 4th video watched in your channel and I've just subbed. Excellent content and the great explanations really help. Now I'll watch Crypto videos with greater understanding.
You should make a video explaining how to use gas and the new tipping structures to move yourself ahead in the line when placing trades.
Thank you…your doing a great work for the people who want to learn about this space Godbless
Please do a video on the Gas free Kadena. It sounds like there is nothing it can't do, and it is faster than anything else.
finnaly i understand what GAS,GWEI, and why all that things exist, thank you so much :)
My grandpa smashed the like button.
Thank u guys so much! ive learned a lot from your videos, they really teach u want u came searching for, unlike a lot of other channels. in the case of this specific video i got my answer in the first 30sec!
keep up the good work
This video has motivated me to educate myself further about cryptocurrency.
Thank you that was so easy to understand.
Guys this is great stuff, really surprised that its not getting more views. Keep making these and the viewers will come !! Thanks for your efforts :)
wrg
Does he actually draw ✍️ or he uses a program 🤔
Very educative and easy to comprehend. Thank you for the effort.
Crypto for dummies 👍
Thanks for making things so understandable
These videos are fantastic and I’ve been consuming them like wildfire
Hey good work on all the videos. Really helps me understand crypto at a deeper level.
And u do sound abit like Matt par. Lol are u Matt?
Thanks for explaining this. New to all of this, want to get a better understanding before I post my first NFT (hopefully soon). Gonna have to watch this a few more times so I can easily calculate the gas prices & such. Thanks Again.🙂
Thank you so much for explaining all of these concepts in such a simple manner and with examples. Really appreciate your work ♥️💐👍🏻
Thank you so much for your great videos!!!
There is a lot of us that is easier to learn with examples and easy explanations. Pls. keep doing this great work!!!🙏🙏🙏
amazing video, great way to explain this!
This Has to be an episode from Rick and Morty
tnx for your videos. please check the cc option. its unavailable and Some people need it including myself
it makes a sense if there is always potion to opt out from high gas fees, even if everyone want wait and pay less....
amazing explanation
Thanks! This is one of our underperforming videos, so we are glad you found some use from it :)
Nice video I have one question
Gas fees are important when u receiving Ethereum ?
Really informative
One of the best explanations I ever found. Thanks !!!
Yea. This is a very good explaination.
Id like to suggest a coin to explain eventually
I moved an NFT from one wallet to another wallet and ended up paying more in fees than the NFT was worth. Welcome to Web3.
Thanks very much! I enjoy seeing your very informative videos ...
Video is a great one👍
thanks a lot
Such an amazing video. Thank you!
Congrats for the great job, man, i am watching them all! Very detailed and easy to understand.
I subscribed to a site that helped organize and manage my phones. When it was all said and done, some financially important things were gone , and for some only copies remained. What should I do?
I'm really surprised you get this many views, the content provided by you guys is awesome, thanks!
Wow! This is great. Thank you!🤭😩
Really creative RUclips Thumbnails & great content. 👌
Hi... I'm learning from the future😅...but I'd like to know if the EIP was eventually implemented?
Straight over my head.
That's why i always make coffe my self :)
ETHEREUM makes my head hurt (even though I’m mining it)!
Incredible content thank you! ❤
It would be really useful if you could include references in your descriptions. Otherwise, I love your videos!
Thanks bro.
Thank you for all the knowledge dude
Thanks
Thanks for the effort
Amazing Video
A video on EIP 1559 would be great!! (Sorry if it’s out and I have not yet come across)
Good one
Great video.
420 at 4:20 .... niceee
Extreme cool material! Mamy thanks!
Thank you so much for this!
Thank you.
Thank you ❤
You rock
i love you and your content. thank you so much!!
great content.....
killed it again on another great video
I loved the vid, but what makes the price fluctuate
Great video!
thank you!
I love you guys i am a UX designer looking forward to web 3.0
Great channel! 🙏👍
Does solana charge GAS? When they become available for NFT? Or bitcoins ?
Thank a lot i have learn a lot from about this technology, keep with the good work educating people about this new technology . Is not about if price goes up or down with some youtubers do. sort of casino.
You should have more views!
ETH merge video?
Wow...great stuff.
You motivated me to create my own token. Big stuff is coming. Keep making this educational content. In order to move society forward we need education!
This video is all the reason I need to use Avalanche.
Thank you for your video.
I have 2 question for you about it :
1. If they will cancel the transaction fee the miners will not get anything and therefore no one will mine (dosen't make sense for me).
2. I know the transaction fees for ETH are still extremely expensive, it means the EIP 1599 didn't go live?
thanks legend.
In 3:03 you say there are 1 quintillion weis in 1 Ethereum. Should it maybe be in 1 Ether? Newbie here and learning, hence my question!
Brilliant videos - going through all of them now!
Exactly my question
Have you found an answer?
I will weigh in here, and i'm no certified expert or anything, but yes, he should have said Ether
Awesome
too good
THNKS BRO
I would love these in google podcast to listen easily in my playlist
u are the best
My head just 🤯
Thanks :)
Thanks for awesome videos. I am going through all from chronological order. oldest one first. Does it cost 400 gas to read a wallet balance? I thought reading on blockchain is free. only writing cost gas. also how about computing on blockchain before writing? does computing cost gas? also please tell me what software do you use to create the videos. and the voice is original or computer? Does the voice recordings need retakes? May be you can do a video on how do you create videos. :-) Awesome work. keep it up.
the gas fees that we pay goes to the account of miners who validate the transaction?
so are the fees for buying crypto on exchanges like binance, gemini considered gas fees?
Watched a lot of videos in a week, and the content is super nice! A lot of stuff learned. One thing that I dont like is that the speed of speech and the voice frequency is kinda too much and annoying. Try to lower the voice and talk slower. ✌
Is there a way to calculate how much it will cost me to implement a certain function in a smart contract?
this was the moment that i realized it takes 3 days of mining for my 1060 to cover just the gas fee
I subbed
you are fucking amazing bro keep going and thanks!
Thank you! so simple explained and that i feel like a eth specialist
If transactions fees are not going to the miner, what would be the reason to mine?
I'm watching this on Dec 2021. Is the transaction fee gone now or no?
Expensive