#GasFeeImpact

Gas fees are commissions paid by users to execute transactions or smart contracts on blockchain networks, especially on Ethereum. These costs compensate miners/validators for the computational power required. Their impact is significant:

1. **Variable Costs**: They depend on network congestion and the complexity of the operation. During times of high demand, fees increase, making simple transactions more expensive.

2. **Accessibility**: High gas fees can exclude users with lower capital, limiting activities such as small transactions or interactions with DeFi.

3. **Network Efficiency**: Prolonged congestion reduces scalability, affecting mass adoption.

4. **Alternatives**: Blockchains like Binance Smart Chain or Layer 2 solutions (Polygon) offer lower fees, encouraging migrations.

In summary, gas fees influence economic viability, inclusivity, and competitiveness among networks, being key to optimizing user experience and the sustainability of cryptocurrencies.