How to avoid high gas fees
Over the weekend, Yuga Labs released virtual plots of land in their highly anticipated metaverse, Otherside, heavily disrupting the Ethereum blockchain. A total of 55,000 “Otherdeeds” sold at a price of 305 ApeCoin, or around $5,800 at the time of purchase; making Otherside the largest NFT mint in history. But, because Otherdeeds were minted on the Ethereum blockchain, the sudden increase in demand caused a “gas war” (i.e. skyrocketing transaction fees). (NOTE: Gas is the amount of crypto tha...
How to avoid high gas fees
Over the weekend, Yuga Labs released virtual plots of land in their highly anticipated metaverse, Otherside, heavily disrupting the Ethereum blockchain. A total of 55,000 “Otherdeeds” sold at a price of 305 ApeCoin, or around $5,800 at the time of purchase; making Otherside the largest NFT mint in history. But, because Otherdeeds were minted on the Ethereum blockchain, the sudden increase in demand caused a “gas war” (i.e. skyrocketing transaction fees). (NOTE: Gas is the amount of crypto tha...
