GAS burning #6252
Replies: 3 comments 3 replies
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Deploying a smart contract on the Ethereum mainnet incurs a one-time gas fee. This fee is paid by the account that deploys the contract and covers the computation and storage costs associated with creating the contract on the Ethereum blockchain. Once the contract is deployed, interacting with the contract, such as calling its functions or sending transactions to it, will also consume gas. Users who interact with the contract are responsible for paying the gas fees associated with their interactions. |
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doesn't it makes the services of web 3.0 more expensive than web 2.0? |
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It is the same as purchasing privacy, security and ownership of our data. |
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There was a question in my mind, if we deploy our smart contract on mainnet, will it burn GAS from out account every time someone interacts with our smart contract or is it just one time fee?
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