what is the gas fee in ethereum 
gas fees are fees paid for transactions such as transferring ether to someone to pay for an item or creating smart contracts who earns ethereum gas fees ethereum gas fees consist of two portions a block base fee and a tip the block base fee is burned after the transaction and the tip is received by the randomly chosen validator the bottom lineat its base level ether functions as an on chain payment method for the ethereum blockchain and applications developed using it externally ether is a cryptocurrency generally accepted as a unit of account a medium of exchange and a store of value the comments opinions and analyses expressed on investopedia are for informational purposes only read our warranty and liability disclaimer for more info 