evm
EVM chains (Ethereum, Base, Arbitrum)
- Fee unit
- Gwei (1 Gwei = 10⁻⁹ ETH)
- How it works
- EIP-1559 separates the fee into a base fee (burned) and a priority fee (tip to validators). The total cost = gas used × (base fee + priority fee).
- What drives the cost
- Network congestion — more pending transactions raise the base fee.
- Smart contract complexity — loops, storage writes, and SLOADs consume more gas.
- Gas limit — the maximum gas a block or wallet lets a transaction spend.
- Student tip
- Use a wallet's 'slow / average / fast' preset to see how priority fee changes confirmation speed. Base fee updates every block (~12s on Ethereum).
