Blockchain Fee Volatility

Ethereum is a platform for distributed computing that uses a blockchain for data storage, thus inheriting the many benefits blockchain systems enjoy, such as decentralization and permissionlessness. It also inherited the idea of users paying nodes a fee to get their transactions included in the blockchain. After all, computation on the blockchain is not an infinite resource, and it should be allocated to users who actually find value in it. Otherwise, a feeless blockchain can easily be spammed and indefinitely suffer a denial-of-service attack.

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