EthereumBeginner9 min

What is Ethereum Gas? (Examples + Easy Explanation)

By Whiteboard Crypto

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Video by Whiteboard Crypto ยท All rights reserved to original creator.

Summary

Gas is the unit of computational work on Ethereum. This video explains why gas fees exist, how the base fee and priority fee work after EIP-1559, and why fees can spike dramatically during network congestion.

Key Concepts

GasGas limitBase feePriority feeEIP-1559Gwei

Things To Remember

  • Gas measures computational effort required for a transaction.
  • The base fee is burned โ€” it reduces ETH supply.
  • The priority fee (tip) goes to validators.
  • Gas fees rise when the network is congested.

Attribution: This video was created by Whiteboard Crypto. All rights belong to the original creator. Crypto Education does not claim ownership of this content.