Marina Protocol is a global Web 3.0 tutorial platform with learning materials.
It provides beginners with easy-to-use content and advanced interfaces for activities.
Users can take part in Web 3.0 projects and get rewarded for their experiences.
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To begin a quiz, open the Marina Protocol app, tap on “Learn & Earn”, and choose the correct answer.
In this guide, you’ll learn the answer to “What is the purpose of a “gas fee” in the context of Ethereum transactions?” in Marina Protocol.
What is the purpose of a “gas fee” in the context of Ethereum transactions?
Question: What is the purpose of a “gas fee” in the context of Ethereum transactions?
Answer: To cover the cost of computational resources required to process the transaction.
Further reading
\Which term describes the process of converting a cryptocurrency back into fiat currency or another cryptocurrency?
What is the purpose of a “flash loan” in the context of decentralized finance (DeFi)?
In the context of blockchain, what does “DAO attack” refer to?