How high transaction fees are being tackled in the blockchain ecosystem By Cointelegraph

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How high transaction fees are being tackled in the blockchain ecosystem

High transaction fees have been a long recurring issue for users on popular blockchain networks like and during periods of increased demand. However, there are protocols, platforms and methods that help users to reduce costs.

Transaction fees are fees that users pay to send a transaction or interact with a smart contract on a blockchain network. While gas fees can refer to transaction fees on any blockchain, the term is mainly used to describe the Ethereum network transaction fees.