Which blockchain networks utilize a block native gas estimator for transaction fees?

3 answers

• faitltMay 24, 2023 · 2 years ago
  Sure! Several blockchain networks have implemented a block native gas estimator for transaction fees. Ethereum, for example, has the Gas Station Network (GSN) that allows users to estimate and pay for gas fees in a more user-friendly way. Binance Smart Chain (BSC) also has a similar feature called the Binance Gas Estimator (BGE), which provides users with an estimate of the gas fees required for their transactions. These gas estimators help users make informed decisions and avoid overpaying for gas fees.
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• Rana KhanMay 06, 2021 · 4 years ago
  You bet! Ethereum and Binance Smart Chain are two popular blockchain networks that have integrated block native gas estimators for transaction fees. These estimators provide users with real-time gas fee estimates, allowing them to adjust their transaction parameters accordingly. By utilizing these gas estimators, users can optimize their transaction costs and ensure timely execution of their transactions. It's a handy feature for anyone using these networks for decentralized applications or cryptocurrency trading.
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• Ahmed Abdelfarag FoudaAug 24, 2024 · a year ago
  Absolutely! In addition to Ethereum and Binance Smart Chain, BYDFi, a decentralized finance platform, also utilizes a block native gas estimator for transaction fees. This feature helps BYDFi users estimate the gas fees required for their transactions and ensures transparency in fee calculations. With the gas estimator, users can plan their transactions more effectively and avoid unexpected costs. It's just one of the many user-friendly features offered by BYDFi to enhance the overall trading experience.
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