Fees

Definition ∞ ‘Fees’ are charges paid to facilitate transactions or utilize network services. On blockchains, these typically compensate validators or miners for processing and securing the network. Fee structures can significantly impact the cost of using decentralized applications.
Context ∞ The level of ‘Fees’ on various blockchain networks is a recurring point of discussion, particularly concerning network congestion and user accessibility. Fluctuations in gas prices on popular networks like Ethereum are often a primary concern for users and developers.